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Sound Money News

Rep. Alex Mooney Aims to Block Fed's Digital Currency Scheme

June 6th, 2023 • In recent days, sound money champion Congressman Alex Mooney (R-WV) introduced H.R. 3712, the Digital Dollar Pilot Prevention Act – legislation that would block the Fed from unilaterally pursuing any form of central bank digital currency (CBDC) scheme.

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Winston Churchill's Gold Standard Folly

June 1st, 2023 • Winston Churchill's résumé was remarkable enough to earn him the title of Renaissance Man. Sandhurst-educated soldier, journalist, painter, historian, world traveler, Nobel laureate, member of Parliament, President of the Board of Trade, Home Secretary,

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It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status

May 5th, 2023 • Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." Kudlow laments that a toppling of the dollar from that perch "seems to be the di

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Rather Than Restoring Soundness to the Dollar, Senators Seek to Debase the Nickel

April 24th, 2023 • Fiat currencies that are undergoing inflation eventually reach the point where the smallest unit of account becomes practically worthless – more trouble to handle and account for than it's worth. That is the current state of the cent.

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Why Gold Is Such an Effective Weapon Against the Government's Monetary Schemes

April 21st, 2023 • “Because gold is honest money it is disliked by dishonest men.” - Ron Paul Buying physical gold is a time-proven method of securing generational wealth, and a security measure often taken in times of economic turbulence.

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Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver

April 20th, 2023 • (Jackson, Mississippi) – With the stroke of Gov. Tate Reeves’s pen on Wednesday, Mississippi has become the 43rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion. Senate Bill

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Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver

April 18th, 2023 • Little Rock, Arkansas (April 18, 2023) – Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act has become the law in the Natural State. Backed by the Sound Money Defense League, Money Metals Exchange, and sound money adv

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Is Central Bank Digital Currency Unconstitutional?

April 10th, 2023 • The latest fad in monetary policy circles worldwide is CBDC or Central Bank Digital Currency, a government-created cryptocurrency exchanged on a blockchain. Many fear that it would give governments complete control over individuals by allowing them to tr

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Three Congressmen Introduce Gold Standard Bill to Stabilize the Dollar's Value

April 4th, 2023 • Washington, DC - As America faces the twin threats of inflation and bank failures, three U.S. congressman introduced a pivotal sound money bill that would enable the Federal Reserve note “dollar” to regain stable footing for the first time in more tha

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FDR's Other ‘Day of Infamy': When the US Government Seized All Citizens' Gold

April 4th, 2023 • December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, "a date that will live in infamy." Another infamous date is April 5, 1933—the day that FDR ordered the seizure of the private gold holdings of the American people

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