Search

Arizona Legislator Proposes Securing State Reserves with Gold and Silver

Arizona Legislator Proposes Securing State Reserves with Gold and Silver
Phoenix, Arizona (January 22, 2019) – An Arizona legislator has put forward a bill to de-risk the state’s financial holdings with a modest allocation to physical gold and silver in the state’s reserve fund. Introduced by Representative Mark Finchem (R-Tucson), the Arizona Sound Money Stabilization Act (HB 2500) requires that at least 10% of Arizona’s Budget Stabilization Fund be held... Read More

Wyoming Legislators Want State to De-Risk Investments by Holding Gold and Silver

Wyoming Legislators Want State to De-Risk Investments by Holding Gold and Silver
Cheyenne, Wyoming (January 17, 2019) – A group of Wyoming legislators have introduced three bills this week to de-risk the state’s financial holdings with modest allocations to physical gold and silver in the state’s pension fund, reserve fund, and mineral trust fund. Introduced by Representative Roy Edwards (R-Gillette) and co-sponsored by 15 others, the Wyoming Sound Money Trust Act (HB... Read More