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Congressman Introduces Bill to Remove Income Taxation from Gold and Silver

Congressman Introduces Bill to Remove Income Taxation from Gold and Silver
Washington, DC (February 11, 2019) – The battle to end taxation of constitutional money has reached the federal level as U.S. Representative Alex Mooney (R-WV) today re-introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion. The Monetary Metals Tax Neutrality Act(H.R. 1089)backed by the Sound Money Defense League and free-market activists – would... Read More

House Member Presses CFTC on Failure to Uncover Silver Manipulation

House Member Presses CFTC on Failure to Uncover Silver Manipulation
Washington, DC (February 5, 2019) – A member of the U.S. House Financial Services Committee today pressed the Commodities Futures Trading Commission (CFTC) on its conspicuous failure to uncover the very silver market manipulation now being prosecuted by the U.S. Department of Justice. In a probing letter dated February 5 to CFTC Chairman J. Christopher Giancarlo, Rep. Alex X. Mooney (R-WV) writes:... Read More

West Virginia Legislator Proposes Eliminating ALL Taxation on Gold and Silver

West Virginia Legislator Proposes Eliminating ALL Taxation on Gold and Silver
Charleston, West Virginia (January 29, 2019) — West Virginia legislator Delegate Pat McGeehan (R-01) has introduced the West Virginia Sound Money Act, House Bill 2684, to eliminate all tax liability on gold and silver in the state. Following in the footsteps of the Wyoming Legal Tender Act, which passed in Wyoming overwhelmingly last year, the West Virginia Sound Money Act is a similar... Read More

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

Richard Cantillon, the Most Important Economist You’ve Never Heard Of

Richard Cantillon, the Most Important Economist You’ve Never Heard Of
Richard Cantillon is the most important economist you’ve never heard of. Born in Ireland sometime in the mid- to late-1600s, Richard Cantillon’s contributions to economics are found in his major work, Essai sur la Nature du Commerce en General (Essay on the Nature of Commerce in General). In 1734, Cantillon was mysteriously murdered by a disgruntled former employee, and his... Read More

2019 Outlook: The State of Sound Money in the United States

2019 Outlook: The State of Sound Money in the United States
The Great Recession, coupled with the “Ron Paul Revolution,” prompted a renaissance of the sound money movement in the United States. As Germany, Russia, and China — to name a few — continue to increase their gold holdings, the hegemonic power of Federal Reserve Notes (referred to today as the dollar) is slowly slipping away. Simultaneously, whispers—once relegated to fringe... Read More

Money, Fake Money, and Sound Money

Money, Fake Money, and Sound Money
Americans no longer carry gold and silver money in our pockets and purses as our grandparents did. But we still carry the history, legacy, and spirit of those gold and silver coins in our language. “Sound money” embodies a clear message recognized for centuries around the world. It describes the musical, metallic ring of a gold, silver, or copper coin... Read More

GOP Congressman Investigates Undisclosed Gold Market Intervention

GOP Congressman Investigates Undisclosed Gold Market Intervention
GOP Congressman Investigates Undisclosed Gold Market Intervention by China and the Exchange Stabilization Fund Rep. Alex Mooney (R-WV) Calls Out Fed & Treasury for Dodging Questions on Gold Activities Washington, DC (July 31, 2018) – A member of the U.S. House Financial Services Committee is calling out the Federal Reserve and the U.S. Treasury for dodging questions about their activities involving... Read More

Utah, Texas, and Wyoming Top 2018’s Sound Money Index

Utah, Texas, and Wyoming Top 2018’s Sound Money Index
Utah, Texas, and Wyoming Top 2018’s ‘Sound Money Index,’ Which Was Just Released by the Sound Money Defense League The 2018 Sound Money Index is the first index of its kind, ranking all 50 states using 9 indicators to determine which states offer the most pro-sound money environment in the country Charlotte, NC (July 9th, 2018) –Utah, Texas, and Wyoming... Read More