Monetary Freedom Act

[AI summary unavailable — showing source text] Monetary Freedom Act - Title I: Assay, Inventory, and Audit of Gold Reserves - Directs the Secretary of the Treasury to conduct a full inventory of U.S. gold reserves and analyze the sufficiency of security measures for such reserves. Requires the General Accounting Office to review and transmit such inventory to Congress. Title II: Prohibition on Sale of Gold Bullion - Amends the Gold Reserve Act of 1934 to require congressional authorization to sell gold bullion. Title III: Prohibition of Seizure of Privately Owned Gold - Amends the Trading With the Enemy Act to repeal the President's authority to regulate transactions in gold or silver coin or bullion during the time of war. Amends the Federal Reserve Act to repeal the Secretary's authority to require the exchange of gold coins, bullion, and certificates for other U.S. currency if necessary to protect the U.S. currency system. Reaffirms the constitutional right of the people to hold gold. Title IV: Repeal of Legal Tender Laws - Repeals specified provisions concerning gold and silver coins and bullion, clad coins, currency, and other legal tender. Repeals all other provisions conferring legal tender status upon any monetary instr…