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Sound Money News

Tennessee House and Senate Vote Unanimously to Protect State Funds with Gold and Silver

March 14th, 2023 • Every single lawmaker in both chambers of the Tennessee legislature has voted to empower the State Treasurer to invest state funds in physical gold and silver.

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Sound Money Bills Moving Forward Rapidly in Many States

March 9th, 2023 • Because there is so much activity happening at the state level with respect to sound money legislation, here is a quick update on some of the most important bills that are currently pending.

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Kentucky House of Representatives Votes to End Sales Taxes on Sound Money

March 8th, 2023 • Responding to overwhelming grassroots support over the last three years, lawmakers in the Kentucky House have voted to end the state’s controversial practice of imposing sales taxes on all purchases of precious metals.

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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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