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Sound Money News

Tennessee House Votes 98-0 to Allow State Treasurer to Acquire and Hold Gold to Protect the State

March 7th, 2023 • As inflation continues to terrorize the budgets of Americans and states alike, two Tennessee bills empowering the State Treasurer to invest state funds in physical gold and silver are moving quickly through the legislature.

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Maine Lawmakers Seek End to Sales Taxes on Gold and Silver

March 6th, 2023 • More than a dozen lawmakers in Maine have introduced legislation to end Maine’s controversial practice of levying sales tax on purchases of gold and silver.

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Idaho House Votes to Authorize State Gold & Silver Holdings

March 2nd, 2023 • The Idaho State House today approved a bill to enable the State Treasurer to protect state funds from inflation and other financial risks by holding some physical gold and and silver.

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34 Wyoming House Members Thumb Their Noses at Sound Money

March 1st, 2023 • This afternoon, the Wyoming House of Representatives voted to kill SF 101 - the Wyoming Legal Tender Amendment. Below is a statement from Money Metals and Sound Money Defense League president Stefan Gleason on the defeat of Sound Money legislation

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Catch-22: Rate Hikes May Fuel Even MORE Inflationary Deficit Spending

March 1st, 2023 • Federal Reserve rate hikes meant to quell inflation may ultimately have the opposite effect. Of course, higher borrowing costs will force consumers to scale back and businesses to trim payrolls. A contraction in debt-financed economic activity will in th

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Vermont Seeks to Become 44th State to Roll Back Sales Tax on Sound Money

February 22nd, 2023 • On the heels of overwhelming votes to remove all taxes from purchases of precious metals in Mississippi, legislators in Vermont have introduced a measure to curtail the controversial tax in their own state.

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Mississippi Legislature Votes Overwhelmingly to End Sales Taxes on Gold and Silver

February 21st, 2023 • State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature.

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VIDEO: President of Money Metals Exchange Joins Gold Standard Podcast to Discuss Sound Money Legislation

February 17th, 2023 • Stefan Gleason, President of Money Metals Exchange and the Sound Money Defense League, joins Keith Weiner on the Gold Exchange Podcast to discuss the success of sound money initiatives at the state level, a critical bill in consideration in Wyoming, and h

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Iowa Seeks to End Capital Gains Taxes on Gold and Silver

February 15th, 2023 • With inflation raging across America, an Iowa lawmaker seeks to end one of the strongest disincentives to owning and using gold and silver: capital gains taxes.

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Mississippi Bill Would End All Taxes on, Invest State Funds in, Gold & Silver

February 14th, 2023 • A lawmaker in Mississippi introduced legislation yesterday that would prompt the state to invest a small portion of state funds in gold and silver, as well as eliminate sales and income tax liabilities on the monetary metals.

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