As the presidential primaries quickly approach, the establishment is in panic mode over the prospect of losing control. It’s not just about Donald Trump. The political class, the “mainstream” media, Wall Street, and the central banking cartel are all losing credibility in the eyes of the public.

2016 is shaping up as the year of “We’re not gonna take it anymore” – in more ways than one. It’s an encouraging development for precious metals investors and sound money advocates.

Rank-and-file Republican voters are in open rebellion against their own party. They forced John Boehner out of his Speakership last fall. Now the GOP’s voter base is refusing to line up behind any of the establishment-backed presidential candidates.

This election has thrown conventional politics and conventional wisdom among pundits out the window. The two leading candidates for the Republican nomination at the moment are Donald Trump and Ted Cruz. Trump operates completely outside of the Beltway establishment, while Senator Cruz is loathed by virtually all the politicos inside it.

Senator Cruz has undoubtedly made quite a few enemies at the Federal Reserve. He is an original co-sponsor of the Audit the Fed bill (bitterly opposed by Fed chair Janet Yellen) taken up by the Senate yesterday. The measure won 53 votes, but failed to achieve the 60 votes needed to break the Democrats’ filibuster.

Cruz also wants to take away the Fed’s powers to arbitrarily fix interest rates and create currency in unlimited amounts. During a recent GOP debate, Cruz championed “sound money, ideally tied to gold.”

Donald Trump recently berated Republican leaders in Congress for pushing through a bloated $1.1 trillion spending bill. In a stump speech the billionaire businessman called the budget a “disaster,” exclaiming, “we have debt like we’ve never had before.” Trump also made reference to the unsound monetary system that enables runaway debt spending. “We’re printing money,” he said, warning “we could be in a big fat bubble.”