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Sound Money Scholarship Winners

Sound Money Scholarship Winners
National Precious Metals Company Announces Sound Money Scholarship Winners December 13, 2017 (Eagle, Idaho) — A national precious metals dealer has selected four outstanding students to receive tuition assistance from America’s first gold-backed scholarship fund. Beginning last year, Money Metals Exchange, a national precious metals dealer recently ranked “Best in the USA,” teamed up with the Sound Money Defense League... Read More

Congressmen Press the U.S Mint for Action on Counterfeit Gold and Silver Coins

Congressmen Press the U.S Mint for Action on Counterfeit Gold and Silver Coins
Washington, DC (October 27, 2017) — Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) today delivered a formal letter to the United States Mint and Secret Service, urging aggressive action on the growing problem of high-quality counterfeits of U.S. precious metals coins entering the country from China and elsewhere. “Enclosed herewith is a 1995 1 oz. Gold American Eagle coin,... Read More

Gold and Lord Rama – The Reason for the Diwali Season

Gold and Lord Rama – The Reason for the Diwali Season
October 19, 2017 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness with its gleaming candles, luxurious works of art, and opulent feasts. Diwali is also characterized by gift giving. Buying and gifting gold is... Read More

Gold-Backed Scholarship Helps Students Cope with Runaway Tuition Inflation

Gold-Backed Scholarship Helps Students Cope with Runaway Tuition Inflation
A major national precious metals dealer has just opened its gold-backed scholarship fund for 2017 applicants.  Funds will be awarded to students who understand that gold is money and are able to clearly articulate the many failures of the inflation-creating Federal Reserve System. Money Metals Exchange, a national precious metals dealer recently ranked “Best in the USA,” teamed up with... Read More

Why Good Economics Matters Now More Than Ever

Why Good Economics Matters Now More Than Ever
In a newsletter published in 1970, economist Murray Rothbard wrote, “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” This is an oft-quoted platitude... Read More

Time to Hedge State Reserve Funds with Gold

Time to Hedge State Reserve Funds with Gold
Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns. In the same vein, almost every state in the United States has established a “savings account” for government operations. Primarily to mitigate a decline in... Read More

Idaho House of Representatives Votes to Remove Income Taxation from Metals

Idaho House of Representatives Votes to Remove Income Taxation from Metals
Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars. Bill sponsor Representative Mike Moyle (R) and the entire Republican caucus voted for the... Read More

Sound Money Is Rising at the State Level

Sound Money Is Rising at the State Level
Sound Money Is Rising at the State Level! Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises. The “gains” are largely illusory. Rising asset prices over time reflect the fact that the dollar buys less of everything. But... Read More

Idaho Bill Would End Taxation of Gold and Silver

Idaho Bill Would End Taxation of Gold and Silver
The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gains.” But that problem may soon be mitigated, at least in Idaho. A prominent Gem State state representative has... Read More