PEW: Economic Anxiety, Distrust of Government Fuel Gold Rush

by Marsha Mercer, Pew Charitable Trusts Originally published at http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2017/08/11/economic-anxiety-distrust-of-government-fuel-gold-rush By the end of the year, Texas plans to open the nation’s first state-supervised gold and silver depository, allowing ordinary Texans, as well as businesses, banks and others, to store their precious metals, and use the holdings in their account to make electronic payments. “The…

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Status Report: States take on the Fed’s Money Monopoly

by Mike Maharrey Originally posted at http://tenthamendmentcenter.com/2017/08/02/status-report-states-take-on-the-feds-money-monopoly/ States continue to pass measures that chip away at the Federal Reserve’s monopoly on money by facilitating and encouraging the use of gold and silver. On July 25, North Carolina Gov. Roy Cooper signed a bill into law exempting the sale and purchase of gold and silver from state…

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Texas Bill Would Establish Gold and Silver as Legal Tender, Take on Federal Reserve Money Monopoly

by Mike Maharrey Originally published at http://blog.tenthamendmentcenter.com/2017/04/texas-bill-would-establish-gold-and-silver-as-legal-tender-take-on-federal-reserve-money-monopoly/ AUSTIN, Texas (April 4, 2017) – A bill introduced in the Texas Senate would establish gold and silver as legal tender in Texas. Passage of the bill would create currency competition in the state and serve to undermine the Federal Reserve’s monopoly on money. Sen. Bob Hall introduced…

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Objection: “This Note Is Legal Tender!”

In 2009, when Georgia Rep. Bobby Franklin introduced my first version of the Constitutional Tender Act (HB 430) in the Georgia House, we knew it wasn’t just going to be difficult to get passed into law — it was going to be difficult to get any co-sponsors, it was going to be difficult to get…

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What Are “State Legal Tender” Bills?

While the official motto of the Tenth Amendment Center is “Concordia res parvae crescunt” (Small things grow great by concord), one of our “unofficial” mottoes is “The Constitution. Every Issue, Every Time. No Exceptions, no Excuses.” It’s a great standard to stick to. Here’s an example why. Earlier this year, Dr. Gary North put up…

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“The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the States, on the same principle with that of striking of paper currency.”

James Madison, Federalist, no. 44, 299–302

Read More at: The Founders’ Constitution

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