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Sound Money News

Will the FedNow Payment System Pave the Way for Digital Social Engineering?

July 24th, 2023 • Last week, the Federal Reserve launched a new payment processing system dubbed "FedNow." Officials say FedNow will allow individuals and businesses to initiate instant funds transfers between banks. Critics warn that FedNow could be a prelude to central b

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North Carolina House Votes to Study Establishing In-State Bullion Depository

July 13th, 2023 • House Bill 721, introduced by Rep. Mark Brody (R – 55), would prompt a study into how North Carolina could establish its own bullion depository to securely store the state’s physical gold, should it choose to make such an investment

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Australia’s Gold Standard Blunder Has Striking Parallels With the United States and the UK

July 12th, 2023 • Governments don’t like gold because they can’t print it is a truism worth canonizing in the Book of Proverbs.

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Stefan Gleason Joins Palisades Gold Radio to Discuss Legislative Battles in 2023

July 9th, 2023 • Stefan Gleason, director of the Sound Money Defense League, joins Tom Bodrovics on Palisades Gold Radio to discuss state and federal legislative efforts in 2023

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More States Consider Sales Tax Exemptions for Precious Metals as Mississippi Law Takes Effect

July 6th, 2023 • Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it. Several of the remaining seven states that tax all precious metals purchases are

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New Jersey Assembly Votes Unanimously to End Sales Tax on Precious Metals

July 3rd, 2023 • In a historic move, the New Jersey Assembly has unanimously voted to eliminate the sales tax on physical gold and silver. Assembly Bill A5294 exempts precious metals purchases over $1,000 from state sales taxes, aligning New Jersey with the majority of s

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Gold-Backed Scholarship Offers Deserving Students Opportunity to Save on College

June 13th, 2023 • Eagle, Idaho (June 13, 2023) – A major U.S. precious-metals dealer is teaming up with the preeminent sound money policy group to help students pay for the ever-increasing expenses associated with higher education. Money Metals Exchange has again joined

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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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