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Sound Money News

Wyoming Senate Votes to Hold, Invest, and Receive Tax Payments in Gold and Silver

February 2nd, 2023 • The Wyoming State Senate voted today to a pass a bill prompting the Wyoming state treasurer to hold gold and silver “specie” to protect the state – as well as establish a process to receive certain tax payments in specie.

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Gold Market Isn't Buying Powell's 'Disinflation' Declaration

February 2nd, 2023 • According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold. Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was "transitory" now wants us to believe that inflation is

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Central Banks Turn to Gold as Losses Mount

January 24th, 2023 • In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967. Why are global central banks adding gold to their reserv

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The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off

January 23rd, 2023 • Debt ceiling debates always end the same way. Congress ends up increasing the debt ceiling and the US's national debt continues to spiral upward.

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High Profile Sound Money Bills Introduced in Mississippi

January 16th, 2023 • Several measures have been introduced in Jackson to exempt gold and silver coins, bars, and rounds, from Mississippi's state sales tax

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Minnesota Lawmakers Seek Full Sales Tax Exemption of Gold and Silver

January 16th, 2023 • Legislators in the Twin Cities seek to fully exempt gold and silver from Minnesota’s state sales tax.

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Wyoming to Consider Accepting Gold and Silver for Taxes

January 13th, 2023 • Several lawmakers in Wyoming have introduced yet another pro-sound money measure to be considered before the state legislature in 2023.

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Tennessee Lawmakers Introduce "Tennessee Bullion Depository Act"

January 12th, 2023 • Building on the success of passing a full sales tax exemption on precious metals (HB 1874 and SB 1857) in 2022, lawmakers in Tennessee have set their sights on another pro-sound money effort: an in-state bullion depository.

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West Virginia Delegate Introduces "Legal Tender Act," Would End Taxes on Gold and Silver

January 11th, 2023 • Delegate Chris Pritt has introduced House Bill 2333, the Legal Tender Act. This measure would eliminate taxes on the precious metals as well as reaffirm them as legal tender in the state

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Alaska to Consider Ending Local Sales Taxes on Sound Money

January 9th, 2023 • Rep. Kevin McCabe has introduced House Bill 3, a measure to end sales taxes levied by cities and boroughs on purchases of gold and silver

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