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GOLD & SILVER BULLION LAWS IN COLORADO Colorado has not yet reaffirmed its constitutional duty to treat gold and silver coins as tender for payment of debt as Oklahoma and Utah did with the recent passage of SB 862 and HB 157, respectively. Oklahoma’s SB 862 reads, in part, “gold and silver coins issued by the United States government are legal tender in the State ofOklahoma.
GOLD & SILVER BULLION LAWS IN OKLAHOMA Oklahoma’s SB 862 reads, in part, “gold and silver coins issued by the United States government are legal tender in the State of Oklahoma. No person may compel another person to tender or accept gold or silver coins that are issued by the United States government, except as agreed upon by contract.”. Utah’s HB 157 reads, in part GOLD & SILVER BULLION LAWS IN MICHIGAN Michigan has started the process of freeing gold and silver from bureaucratic shackles. According to the General Sales Tax Act, Section 205.54s, "a sale of investment coins and bullion is exempt from the tax." The law defines bullion as "gold, silver, or platinum in a bulk state, where its value depends on its content rather than its GOLD & SILVER BULLION LAWS IN SOUTH CAROLINA According to the Title 12, Chapter 36 of the South Carolina Code of Laws, there is a sales tax exemption for " (a) gold, silver, or platinum bullion, or any combination of this bullion; (b) coins that are or have been legal tender in the United States or other jurisdiction; and (c) currency." For more information on rolling backsales tax on
GOLD & SILVER BULLION LAWS IN MASSACHUSETTS About Massachusetts. Admitted to the union in 1788, Massachusetts is home to 7 million people. The 15th most populated state in the union and the 44th largest in area, Massachusetts is home to Boston, the historic metropolitan hub dubbed the "Cradle of Liberty" during the American Revolution. GOLD & SILVER BULLION LAWS IN NEW MEXICONEW MEXICO STATE SALES TAX LAWSNEW MEXICO CAPITAL GAINS LAWSNEW MEXICO GOLD AND SILVER MONEY STATUSNEW MEXICO DEPOSITORY LAWSSEE MORE ON SOUNDMONEYDEFENSE.ORG SOUND MONEY DEFENSE LEAGUENEWSAUDIT OUR GOLDAUDIT THE FEDSTATE LAWSSOUND MONEY EXPLAINEDABOUT US Tennessee to Consider Establishing a State Gold Depository. June 2nd, 2021 • Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of TENNESSEE TO CONSIDER ESTABLISHING A STATE GOLD DEPOSITORY Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of their committees unanimously, receiving votes of 90-0 and 32-0, respectively. GOLD & SILVER BULLION LAWS IN FLORIDA According to Florida Statute Title XIV, Chaper 212, Section 08 , "the sale of gold, silver, or platinum bullion, or any combination thereof, in a single transaction, is exempt when the total sales price of such bullion exceeds $500." While Florida's exemption is a step in the right direction, the law places an unfair burden on those wanting to GOLD & SILVER BULLION LAWS IN NEVADA Nevada has started the process of freeing gold and silver from bureaucratic shackles. According to Chapter 372 of the Nevada Administrative Code, Nevada enacted a sales tax exemption for coins, "even sold at a premium price, if the purpose of the use of the coinsis as a medium of exchange.". While Nevada's exemption is a stepin the
GOLD & SILVER BULLION LAWS IN COLORADO Colorado has not yet reaffirmed its constitutional duty to treat gold and silver coins as tender for payment of debt as Oklahoma and Utah did with the recent passage of SB 862 and HB 157, respectively. Oklahoma’s SB 862 reads, in part, “gold and silver coins issued by the United States government are legal tender in the State ofOklahoma.
GOLD & SILVER BULLION LAWS IN OKLAHOMA Oklahoma’s SB 862 reads, in part, “gold and silver coins issued by the United States government are legal tender in the State of Oklahoma. No person may compel another person to tender or accept gold or silver coins that are issued by the United States government, except as agreed upon by contract.”. Utah’s HB 157 reads, in part GOLD & SILVER BULLION LAWS IN MICHIGAN Michigan has started the process of freeing gold and silver from bureaucratic shackles. According to the General Sales Tax Act, Section 205.54s, "a sale of investment coins and bullion is exempt from the tax." The law defines bullion as "gold, silver, or platinum in a bulk state, where its value depends on its content rather than its GOLD & SILVER BULLION LAWS IN SOUTH CAROLINA According to the Title 12, Chapter 36 of the South Carolina Code of Laws, there is a sales tax exemption for " (a) gold, silver, or platinum bullion, or any combination of this bullion; (b) coins that are or have been legal tender in the United States or other jurisdiction; and (c) currency." For more information on rolling backsales tax on
GOLD & SILVER BULLION LAWS IN MASSACHUSETTS About Massachusetts. Admitted to the union in 1788, Massachusetts is home to 7 million people. The 15th most populated state in the union and the 44th largest in area, Massachusetts is home to Boston, the historic metropolitan hub dubbed the "Cradle of Liberty" during the American Revolution. GOLD & SILVER BULLION LAWS IN NEW MEXICONEW MEXICO STATE SALES TAX LAWSNEW MEXICO CAPITAL GAINS LAWSNEW MEXICO GOLD AND SILVER MONEY STATUSNEW MEXICO DEPOSITORY LAWSSEE MORE ON SOUNDMONEYDEFENSE.ORG REVENUE HUNGRY LEGISLATORS IN MAINE NARROWLY VOTE DOWN Jp Cortez is the Policy Director for the Sound Money Defense League, a non-partisan, national public policy group working to restore sound money at the state and federal level and publisher of the Sound MoneyIndex.
"SOUND MONEY" EXPLAINED Sound money literally refers to real wealth, with a natural, unmistakable signature of authenticity, as opposed to the paper, plastic, and electronic debt instruments used almost exclusively today. The term “sound money” has its roots in Ancient Rome, where small, silver coins were standard in everyday commerce, whether usedfor paying
IS AN ANTI-DOLLAR FACTION RUNNING THE BANK OF Chris Powell is a political columnist and former managing editor at the Journal Inquirer, a daily newspaper in Manchester, Connecticut, USA, where he has worked since graduating high school in GOLD & SILVER BULLION LAWS IN MISSOURI Missouri has started the process of freeing gold and silver from bureaucratic shackles. According to Section 144.815.1, bullion and investment coins are "specifically exempted from all local sales taxes.". The Missouri statute defines bullion as "gold, silver, platinum, or palladium in a bulk state, where its value depends on itscontent rather
PRICES ARE SET TO SOAR Prices Are Set to Soar. "Government,” observed the great Austrian economist Ludwig von Mises, “is the only institution that can take a valuable commodity like paper and make it worthless by applying ink.”. Mises was describing the curse of inflation, the process whereby government expands a nation’s money supply and therebyerodes the
STEFAN GLEASON: THE BIG INFLATION SCAM Stefan Gleason is President of Money Metals Exchange, the company recently named "Best Overall Online Precious Metals Dealer" by Investopedia.A graduate of the University of Florida, Gleason is a seasoned business leader, investor, political strategist, and grassroots activist. GOLD & SILVER BULLION LAWS IN PENNSYLVANIA Under current law, gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions. However, there is reason to be hopeful in Pennsylvania. In 2011, House Bill 1690 was introduced, a measure that reaffirms the sales tax exemption on precious metal purchases,establishes a tax
GOLD & SILVER BULLION LAWS IN UTAH Utah has started the process of freeing gold and silver from bureaucratic shackles. According to 59-12-104 of the Utah Code, sales of currency or coins that constitute legal tender of a state, the United States, or a foreign nation are exempt from sales & use tax. Gold, silver, or platinum ingots, bars, medallions, and decorativecoins are also
NEW SOUND MONEY CAUCUS LAUNCHED ON CAPITOL HILL New Sound Money Caucus Launched on Capitol Hill. As the political and central banking establishment in Washington continues to bail out the economy and markets by creating trillions of unbacked pieces of paper and electronic digits, a handful of Congressmen hope to shine a new spotlight on the devastating effects of this runaway financial GOLD & SILVER BULLION LAWS IN NEW MEXICO New Mexico law, like most states, is chock full of draconian revenue statutes. Under current law, gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions. Income taxes are one major way government bureaucrats penalize holders of SOUND MONEY DEFENSE LEAGUENEWSAUDIT OUR GOLDAUDIT THE FEDSTATE LAWSSOUND MONEY EXPLAINEDABOUT USSOUND MONEY WALLETMONEY MONEY MONEY WAVFUNNY MONEY SOUNDSMONEY SOUND EFFECTMONEY SOUNDBITESOUND FINANCIALPLANNING
Tennessee to Consider Establishing a State Gold Depository. June 2nd, 2021 • Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of TENNESSEE TO CONSIDER ESTABLISHING A STATE GOLD DEPOSITORY Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of their committees unanimously, receiving votes of 90-0 and 32-0, respectively. GOLD & SILVER BULLION LAWS IN COLORADOSELL SILVER IN COLORADO SPRINGSSELL SILVER IN COLORADO SPRINGSGOLD AND SILVER BUYINGGOLD AND SILVER DEALERS NEAR MEGOLD AND SILVER DEALERS NEAR MEGOLD DEALERSCOLORADO SPRINGS
Colorado has not yet reaffirmed its constitutional duty to treat gold and silver coins as tender for payment of debt as Oklahoma and Utah did with the recent passage of SB 862 and HB 157, respectively. Oklahoma’s SB 862 reads, in part, “gold and silver coins issued by the United States government are legal tender in the State ofOklahoma.
GOLD & SILVER BULLION LAWS IN NEVADA Nevada has started the process of freeing gold and silver from bureaucratic shackles. According to Chapter 372 of the Nevada Administrative Code, Nevada enacted a sales tax exemption for coins, "even sold at a premium price, if the purpose of the use of the coinsis as a medium of exchange.". While Nevada's exemption is a stepin the
U.S. GOLD RESERVE
Public opinion polls from Rasmussen over the past 5 years show 75% of Americans want an audit of the Federal Reserve system, which would bring up questions about the Fed's use of America's gold reserves in conjunction with its market interventions. But an audit of the Fed is different than a comprehensive audit of America's gold. GOLD & SILVER BULLION LAWS IN MICHIGAN Michigan has started the process of freeing gold and silver from bureaucratic shackles. According to the General Sales Tax Act, Section 205.54s, "a sale of investment coins and bullion is exempt from the tax." The law defines bullion as "gold, silver, or platinum in a bulk state, where its value depends on its content rather than its GOLD & SILVER BULLION LAWS IN NEW YORKNEW YORK STATE SALES TAX LAWSNEW YORK CAPITAL GAINS LAWSNEW YORK GOLD AND SILVER MONEY STATUSNEW YORK DEPOSITORY LAWSSEE MORE ON SOUNDMONEYDEFENSE.ORGGOLD MINES IN NEW YORKGOLD PANNING IN NEW YORKGOLD AND SILVER NEWS TODAY GOLD & SILVER BULLION LAWS IN SOUTH CAROLINA According to the Title 12, Chapter 36 of the South Carolina Code of Laws, there is a sales tax exemption for " (a) gold, silver, or platinum bullion, or any combination of this bullion; (b) coins that are or have been legal tender in the United States or other jurisdiction; and (c) currency." For more information on rolling backsales tax on
GOLD & SILVER BULLION LAWS IN MINNESOTA In May of 2017, Governor Mark Dayton signed omnibus bill H.F. No. 1 into law. Section 17 of H.F. No. 1 provides a sales tax exemption for precious metals bullion. "Precious metal bullion" is defined as "bars or rounds that are at least 99.9% gold, silver, or platinum by GOLD & SILVER BULLION LAWS IN MASSACHUSETTSGOLD COINS BULLIONHOW TO BUY BULLION COINSSILVER COINS BULLION SALEUS COIN BULLIONUS MINTBULLION COINS
About Massachusetts. Admitted to the union in 1788, Massachusetts is home to 7 million people. The 15th most populated state in the union and the 44th largest in area, Massachusetts is home to Boston, the historic metropolitan hub dubbed the "Cradle of Liberty" during the American Revolution. SOUND MONEY DEFENSE LEAGUENEWSAUDIT OUR GOLDAUDIT THE FEDSTATE LAWSSOUND MONEY EXPLAINEDABOUT USSOUND MONEY WALLETMONEY MONEY MONEY WAVFUNNY MONEY SOUNDSMONEY SOUND EFFECTMONEY SOUNDBITESOUND FINANCIALPLANNING
Tennessee to Consider Establishing a State Gold Depository. June 2nd, 2021 • Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of TENNESSEE TO CONSIDER ESTABLISHING A STATE GOLD DEPOSITORY Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of their committees unanimously, receiving votes of 90-0 and 32-0, respectively. GOLD & SILVER BULLION LAWS IN COLORADOSELL SILVER IN COLORADO SPRINGSSELL SILVER IN COLORADO SPRINGSGOLD AND SILVER BUYINGGOLD AND SILVER DEALERS NEAR MEGOLD AND SILVER DEALERS NEAR MEGOLD DEALERSCOLORADO SPRINGS
Colorado has not yet reaffirmed its constitutional duty to treat gold and silver coins as tender for payment of debt as Oklahoma and Utah did with the recent passage of SB 862 and HB 157, respectively. Oklahoma’s SB 862 reads, in part, “gold and silver coins issued by the United States government are legal tender in the State ofOklahoma.
GOLD & SILVER BULLION LAWS IN NEVADA Nevada has started the process of freeing gold and silver from bureaucratic shackles. According to Chapter 372 of the Nevada Administrative Code, Nevada enacted a sales tax exemption for coins, "even sold at a premium price, if the purpose of the use of the coinsis as a medium of exchange.". While Nevada's exemption is a stepin the
U.S. GOLD RESERVE
Public opinion polls from Rasmussen over the past 5 years show 75% of Americans want an audit of the Federal Reserve system, which would bring up questions about the Fed's use of America's gold reserves in conjunction with its market interventions. But an audit of the Fed is different than a comprehensive audit of America's gold. GOLD & SILVER BULLION LAWS IN MICHIGAN Michigan has started the process of freeing gold and silver from bureaucratic shackles. According to the General Sales Tax Act, Section 205.54s, "a sale of investment coins and bullion is exempt from the tax." The law defines bullion as "gold, silver, or platinum in a bulk state, where its value depends on its content rather than its GOLD & SILVER BULLION LAWS IN NEW YORKNEW YORK STATE SALES TAX LAWSNEW YORK CAPITAL GAINS LAWSNEW YORK GOLD AND SILVER MONEY STATUSNEW YORK DEPOSITORY LAWSSEE MORE ON SOUNDMONEYDEFENSE.ORGGOLD MINES IN NEW YORKGOLD PANNING IN NEW YORKGOLD AND SILVER NEWS TODAY GOLD & SILVER BULLION LAWS IN SOUTH CAROLINA According to the Title 12, Chapter 36 of the South Carolina Code of Laws, there is a sales tax exemption for " (a) gold, silver, or platinum bullion, or any combination of this bullion; (b) coins that are or have been legal tender in the United States or other jurisdiction; and (c) currency." For more information on rolling backsales tax on
GOLD & SILVER BULLION LAWS IN MINNESOTA In May of 2017, Governor Mark Dayton signed omnibus bill H.F. No. 1 into law. Section 17 of H.F. No. 1 provides a sales tax exemption for precious metals bullion. "Precious metal bullion" is defined as "bars or rounds that are at least 99.9% gold, silver, or platinum by GOLD & SILVER BULLION LAWS IN MASSACHUSETTSGOLD COINS BULLIONHOW TO BUY BULLION COINSSILVER COINS BULLION SALEUS COIN BULLIONUS MINTBULLION COINS
About Massachusetts. Admitted to the union in 1788, Massachusetts is home to 7 million people. The 15th most populated state in the union and the 44th largest in area, Massachusetts is home to Boston, the historic metropolitan hub dubbed the "Cradle of Liberty" during the American Revolution.U.S. GOLD RESERVE
Public opinion polls from Rasmussen over the past 5 years show 75% of Americans want an audit of the Federal Reserve system, which would bring up questions about the Fed's use of America's gold reserves in conjunction with its market interventions. But an audit of the Fed is different than a comprehensive audit of America's gold. GOLD & SILVER BULLION LAWS IN NEW YORK New York law does not currently allow for a state bullion depository. While New York may not currently have a bullion depository within the state, there's reason to be hopeful. Texas is championing the state depository cause and other states will likely follow suit. In June of 2015, Texas Governor Greg Abbott signed House Bill 483 into law. GOLD & SILVER BULLION LAWS IN MISSOURI Missouri has started the process of freeing gold and silver from bureaucratic shackles. According to Section 144.815.1, bullion and investment coins are "specifically exempted from all local sales taxes.". The Missouri statute defines bullion as "gold, silver, platinum, or palladium in a bulk state, where its value depends on itscontent rather
GOLD & SILVER BULLION LAWS IN TENNESSEE Tennessee has started the process of freeing gold and silver from bureaucratic shackles. Tennessee legislators introduced Senate Bill 350 and House Bill 342 in 2017. Both of these bills, if passed, would exempt certain sales of gold, silver, platinum, and palladium coins and bullion from sales and use tax. Both bills enact exemptions fromsales
GOLD & SILVER BULLION LAWS IN UTAH Utah has started the process of freeing gold and silver from bureaucratic shackles. According to 59-12-104 of the Utah Code, sales of currency or coins that constitute legal tender of a state, the United States, or a foreign nation are exempt from sales & use tax. Gold, silver, or platinum ingots, bars, medallions, and decorativecoins are also
NEW SOUND MONEY CAUCUS LAUNCHED ON CAPITOL HILL New Sound Money Caucus Launched on Capitol Hill. As the political and central banking establishment in Washington continues to bail out the economy and markets by creating trillions of unbacked pieces of paper and electronic digits, a handful of Congressmen hope to shine a new spotlight on the devastating effects of this runaway financial GOLD & SILVER BULLION LAWS IN NEW MEXICO New Mexico law, like most states, is chock full of draconian revenue statutes. Under current law, gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions. Income taxes are one major way government bureaucrats penalize holders of GOLD & SILVER BULLION LAWS IN PENNSYLVANIA Under current law, gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions. However, there is reason to be hopeful in Pennsylvania. In 2011, House Bill 1690 was introduced, a measure that reaffirms the sales tax exemption on precious metal purchases,establishes a tax
GOLD & SILVER BULLION LAWS IN IDAHO Idaho has started the process of freeing gold and silver from bureaucratic shackles. According to the Idaho Statute 63-3622V, "the sale of precious metal bullion or the sale of monetized bullion," is exempt from sales taxation. The statute defines "precious metal bullion" as "any elementary precious metal which has been put througha process of
WHAT IS A "LEGAL TENDER LAW"? AND, IS IT A PROBLEM? What is a legal tender law? Over the years, there has been some discussion about “legal tender laws” in the United States. I talked to a legal expert about it, and discovered – as I suspected – that it doesn’t mean quite the same thing as many people thinkit does.
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TENNESSEE TO CONSIDER ESTABLISHING A STATE GOLD DEPOSITORY __ June 2nd, 2021 • Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. Backed by the Sound Money Defense League, HB 353 and SB 279 passed out of both of their committees unanimously, receiving votes of 90-0 and 32-0, respectively. Keep Reading... -------------------------RECENT NEWS
IS AN ANTI-DOLLAR FACTION RUNNING THE BANK OF INTERNATIONALSETTLEMENTS NOW?
__ May 31st, 2021 • Among the many analytical reports arguing that economic fundamentals are such that the gold price should rise sharply, the annual "In Gold We Trust" reports by Incrementum AG in Liechtenstein always have provided the most supporting documentation.Keep Reading...
FED OFFERS NO HOLIDAY FROM INFLATION __ May 27th, 2021 • The latest CPI data shows inflation running at a 4.2% clip while producer prices have shot up 6.2% from a year ago. The inflation surge should alarm investors who are positioned in dollar-denominated paper assets. But they can’t say they weren’t warned. Keep Reading... U.S. CONGRESSMAN SEEKS FULL AUDIT OF AMERICA’S GOLD RESERVES __ May 26th, 2021 • Washington, DC (May 26, 2021) – America’s gold reserves would be audited for the first time in more than 60 years if a measure introduced yesterday by U.S. Representative Alex Mooney (R-WV) becomes law. Keep Reading... -------------------------READ ALL NEWS
BREAKING NEWS HEADLINES * Tennessee to Consider Establishing a State Gold Depository * Is an Anti-Dollar Faction Running the Bank of InternationalSettlements Now?
* Fed Offers No Holiday from Inflation * U.S. Congressman Seeks Full Audit of America’s Gold Reserves * Ohio Committees Hear Bills to Remove Sales Tax on Sound Money * SMDL's Jp Cortez Joins Kitco News to Discuss Sound Money in the US * Amount of Money in Supply Has Increased 33% Since January 2020 * Playing with Fire: A Dollar Rout in the Making... * Inflation is Here: U.S. Consumer Prices Jump Most Since 2009,Outpacing Estimates
* Should We Fear, Inflation Is Here * What the Fed DOESN’T Want You to Know About InflationREAD ALL HEADLINES
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