Category Archive: 6a) Gold & Monetary Metals
West Virginia Delegate Introduces “Legal Tender Act,” Would End Taxes on Gold and Silver
(Charleston, West Virginia, USA – January 11th, 2023) – Another pro-sound money legislative effort has been introduced in West Virginia. Del. Chris Pritt has introduced House Bill 2333, the “Legal Tender Act.” This measure would establish gold and silver as legal tender in West Virginia, as well as create a nonrefundable tax credit for the use gold and silver in West Virginia on state taxes.
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Missouri Bill Would End Capital Gains, Invest State Funds in Gold and Silver, Establish State Gold Depository
(Jefferson City, Missouri, USA -- December 14, 2022) - A state senator from St. Charles County has introduced a bill in Missouri to eliminate income taxes on sales of gold and silver, invest state funds in gold and silver, and establish the Missouri Bullion Depository.
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Inflation Firestorm Fuels Sound Money Movement
Sound money, in the form of physical gold and silver, look to be ending the year on a bullish footing. Meanwhile, things are looking positive on the sound money public policy front as well, thanks to some big wins at the state level in 2022 combined with renewed enthusiasm among our legislative allies as we head into the 2023 legislative season.
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2022 Sound Money Scholarship Winners Announced
6 Outstanding Students Earn Almost $10,000 in Tuition Assistance
Eagle, Idaho (December 6, 2022) – Six outstanding students beat out almost 100 of their high-school and college peers in making the best case for sound money through an international, gold-backed scholarship competition...
...and the winners walked away with a total of $9,500 in scholarship awards for their exceptional, thought-provoking essays.
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The Bitcoin is ‘as-good-as-gold’ myth is over
When you invest in gold or buy silver coins with GoldCore you are choosing to invest in an asset that has no counterparty risk. Sadly those who have been holding their bitcoin on the crypto exchange FTX, have not experienced the same level of reassurance and service from the exchange’s management.
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Can Increases in the Supply of Gold Lead to Boom-Bust Cycles?
According to the Austrian business cycle theory, the boom-bust cycle emerges in response to a deviation in the market interest rate from the natural interest rate, or the equilibrium interest rate. As a rule, it is held, the tampering with market interest rates by the central bank sets the boom-bust cycle in motion.
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US midterms set to favour gold
The US midterms have not produced the ‘red tsunami’ so many political commentators predicted. But the Democrats could still lose the House of Representatives and possibly the Senate, as well. The implications this could have on policy making could be dramatic.
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Is Central Banks’ License to Print Money About to Expire?
One of the biggest reasons for people deciding to buy gold bars or to own silver coins is because of the folly of central banks and government. It seems bizarre to most people that we are all aware that money doesn’t grow on trees and yet those responsible for financial stability have forgotten this basic life-lesson.
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Rep. Alex Mooney Advocates for Gold Standard Bill on Fox Business
Rep. Alex Mooney (R-WV) joined Fox Business in support of H.R. 9157, the Gold Standard Restoration Act. “The Federal Reserve note has lost more than 30 percent of its purchasing power since 2000, and 97 percent of its purchasing power since 1913,” the Congressman from West Virginia told host Kennedy.
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Your Wealth Will Save Central Banks!
2023-01-06
by Stephen Flood
2023-01-06
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