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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Texas House Passes Two Bills to Facilitate Use of Bullion Depository

by Mike Maharrey Originally posted at http://blog.tenthamendmentcenter.com/2017/08/texas-house-passes-two-bills-to-facilitate-use-of-bullion-depository/ AUSTIN, Texas (Aug. 4, 2017) – Yesterday, the Texas House passed two pieces of legislation that would facilitate the use of gold and silver as money in the state. Final passage of the bill and amendment would open the door to currency competition in Texas, and serve to…

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Utah House and Senate Leadership Block Five Opportunities to Advance Liberty

by Shane Trejo Originally published at http://blog.tenthamendmentcenter.com/2016/03/utah-house-and-senate-leadership-block-five-opportunities-to-advance-liberty/ SALT LAKE CITY, Utah (March 30, 2016) – Utah State House and Senate leadership maintained the status quo and enabled unconstitutional federal overreach during the 2016 legislative session, killing five bills that would have blocked the enforcement of unconstitutional policies. Several of the bills never even received a…

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Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money

by Mike Maharrey Originally published at http://blog.tenthamendmentcenter.com/2017/02/utah-bill-would-set-stage-for-state-gold-and-silver-depository-further-encourage-use-of-metals-as-money/ SALT LAKE CITY, Utah (Feb. 1, 2017) – A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on…

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States Should Restore Gold and Silver as Legal Tender before the Monetary Crisis Arrives

by Jp Cortez Originally published at http://tenthamendmentcenter.com/2016/08/09/states-should-restore-gold-and-silver-as-legal-tender-before-the-monetary-crisis-arrives/ States Shouldn’t Wait for a Monetary Crisis to Devastate Their People and Economies The Constitution for the United States of America is not merely a set of suggestions. So when the Constitution says, in Article I Section 10, “No state shall make any Thing but gold and silver…

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The Time Is Right for State Gold and Silver Depositories

by Mike Maharrey Originally published at http://blog.tenthamendmentcenter.com/2016/09/the-time-is-right-for-state-gold-and-silver-depositories/ A state gold depository in Texas continues to move closure to reality and it appears to be happening at just the right time. Since the beginning of the year, the price of gold has risen 26 percent and silver has skyrocketed 37 percent. Surging precious metal prices have…

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Tennessee Governor Signs Resolution in Support of Creating Bullion Depository

by Mike Maharrey Originally posted at http://blog.tenthamendmentcenter.com/2016/04/tennessee-governor-signs-resolution-in-support-of-creating-bullion-depository/ NASHVILLE, Tenn. (April 28, 2016) – Yesterday, Tennessee Gov. Bill Haslam signed a resolution setting the stage for creation of state bullion depository, an important first step toward establishing gold and silver as money in the state. Rep. Bud Hulsey (R-Kingsport) introduced House Joint Resolution 516 (HJR516) in January. The resolution declares…

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Wyoming Bill Would Establish Bullion Depository, Help Facilitate Transactions in Gold and Silver

by Mike Maharrey Originally posted at http://blog.tenthamendmentcenter.com/2016/02/wyoming-bill-would-establish-bullion-depository-help-facilitate-transactions-in-gold-and-silver/ CHEYENNE, Wyo. (Feb. 10, 2016) – A Wyoming bill would create a state gold depository, an important first step toward establishing gold and silver as commonly used legal tender in the state. A coalition of nine Republican representatives introduced House Bill 124 (HB124). The legislation would create the Wyoming Bullion…

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