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Sound Money News

Idaho Bill Would End Taxation of Gold and Silver

February 24th, 2017 • The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gai

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Alabama Bill Would Help Encourage Use of Gold and Silver as Currency

February 22nd, 2017 • A bill introduced in the Alabama House last week would remove sales taxes from the purchase of gold and silver, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money.

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Tenth Amendment Center: Taking on the Federal Reserve

February 21st, 2017 • Featuring Sound Money Defense League's work on steps states can take to promote sound money, the Tenth Amendment Center released an episode of their series, Nullify, focusing on the Federal Reserve

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Arizona House Passes Bill to Support Sound Money

February 15th, 2017 • An Arizona bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed the House today. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.

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When Government Acts, “Unintended Consequences” Follow

February 7th, 2017 • In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parabl

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Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money

February 6th, 2017 • A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on m

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Virginia House Votes 99-0 to Pass Bill that Would Help Support Sound Money

January 31st, 2017 • A Virginia bill that would remove sales taxes from some purchases of gold and silver unanimously passed the House last week. The legislation would take an important first step toward encouraging its regular use as currency and breaking the Federal Reserve

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Arizona Should End Unjust Taxation on the Monetary Metals

January 30th, 2017 • Fortunately, Arizona is one of the states whose laws acknowledge that charging sales taxes on money itself is beyond the pale. But, at least for now, Arizona tax authorities still unjustly impose income taxes on gold and silver.

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How Sound Money Principles Can Bolster Your Personal Finances

January 24th, 2017 • Sound Money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Short of a currency crisis that forces a monetary revolution, sound money reform efforts will

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Pension Funds Need Gold before It’s Too Late

January 17th, 2017 • Tens of millions of Americans and their employers pour money into pension plans each month, counting on those funds to grow and to be there when needed at retirement. But a time bomb awaits.

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