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Monetary Metals Don’t Need a “Gold Standard” Proxy System

Monetary Metals Don’t Need a “Gold Standard” Proxy System
President Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. That triggered a flurry of superficial and derisive references in the controlled media to Shelton’s past support of a gold standard. For example, CBS News described her as “a believer in the return to the gold standard, a money policy abandoned by... Read More

Big Tech, Big Banks Push for Cashless Society

Big Tech, Big Banks Push for Cashless Society
The War on Cash isn’t a conspiracy theory. It’s an open agenda. It’s being driven by an alignment of interests among bankers, central bankers, politicians, and Silicon Valley moguls who stand to benefit from an all-digital economy. Last week, Facebook – in partnership with major banks, payment processors, and e-commerce companies – launched a digital currency called Libra. Unlike decentralized,... Read More

National Precious Metals Dealer Offers Sound Money Scholarships to Deserving Students

National Precious Metals Dealer Offers Sound Money Scholarships to Deserving Students
Charlotte, North Carolina (June 5, 2019) – A national precious-metals dealer is teaming up with a sound money policy group to help students pay for the ever-increasing costs of college. Money Metals Exchange has teamed up with the Sound Money Defense League to offer the Sound Money Scholarship — the first gold-backed scholarship of the modern era. Starting in 2016,... Read More

New Federal Legislation Requires Full Audit of America’s Gold Reserves

New Federal Legislation Requires Full Audit of America’s Gold Reserves
Washington, DC (May 8, 2019) – U.S. Representative Alex Mooney (R-WV) introduced legislation this week to provide for the first audit of United States gold reserves since the Eisenhower Administration. The Gold Reserve Transparency Act (H.R. 2559) – backed by the Sound Money Defense League and government accountability advocates – directs the Comptroller of the United States to conduct a... Read More

Politicians Drop Attempt to Tax Gold & Silver

Politicians Drop Attempt to Tax Gold & Silver
Washington State Politicians Drop Cynical Attempt to Impose Taxes on Gold & Silver Sound Money Group, In-State Dealers, and Grassroots Activists Deter Tax-Hungry Politicians Well, here’s some encouraging news… Efforts in Washington State to impose sales taxes on gold and silver were SHUT DOWN today thanks to intense efforts by the Sound Money Defense League, a group of in-state coin... Read More

West Virginia Joins Growing Movement

West Virginia Joins Growing Movement
West Virginia Joins Growing Sound Money Movement Six Other States Now Weighing Their Own Bills to End Taxes on Gold & Silver Before the ink could even dry on West Virginia Governor Jim Justice’s signature on a repeal of sales taxation on gold, silver, platinum, and palladium bullion and coins, legislators in Wisconsin and Maine introduced similar measures in their... Read More

West Virginia Helps Metals

West Virginia Helps Metals
West Virginia Legislature Votes to End Sales Taxation on Gold & Silver West Virginia Legislature Overwhelmingly passes Senate Bill 502, Removing Sales Tax from Precious Metals at the State Level Charleston, West Virginia (March 8th, 2019) — Sound money advocates rejoiced today as the West Virginia legislature overwhelmingly passed Senate Bill 502 and sent it to Governor Jim Justice for his signature. ... Read More

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

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