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…Details
by Mike Maharrey Originally published at http://blog.tenthamendmentcenter.com/2017/07/signed-by-the-governor-north-carolina-law-removes-roadblock-to-the-use-of-gold-and-silver-as-money/ RALEIGH, N.C. (July 26, 2017) – Yesterday, North Carolina Gov. Roy Cooper signed a bill into law exempting the sale and purchase of gold and silver from state sales taxes. The new law will remove an important roadblock in the way of their everyday use as money, taking the…Details
by Mike Maharrey Originally published at http://blog.tenthamendmentcenter.com/2017/06/signed-by-the-governor-louisiana-law-helps-encourage-use-of-gold-and-silver-as-money/ BATON ROUGE, La. (June 23, 2017) – Yesterday, Louisiana Gov. John Bel Edwards signed a bill into law that exempts the sale and purchase of gold and silver from state sales and use taxes, encouraging their use and taking the first step toward breaking the Federal Reserve’s monopoly on…Details
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…Details
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…Details
by Mike Maharrey Originally published at http://blog.tenthamendmentcenter.com/2017/03/texas-proposal-would-include-the-right-to-sound-money-and-bitcoin-in-the-state-constitution/ AUSTIN, Texas (March 7, 2017) – A joint resolution introduced in the Texas House proposes a state constitutional amendment to guarantee the right to own, hold and use any mutually agreed upon medium of exchange. Passage of the bill would take another step toward undermining the Federal Reserve’s…Details
by Jp Cortez Originally posted at http://tenthamendmentcenter.com/2016/07/16/four-ways-states-can-take-on-the-federal-reserve/ There are practical steps that can be taken at the state level to promote the use and acceptance of sound money and undermine the Fed’s monopoly on money. Control the money and you control the people. The federal government has done just that in the Unites States. Over…Details
“Money is gold, and nothing else.” — J.P. Morgan, in testimony before the U.S. House Bank and Currency Committee, Dec. 18-19, 1912.