Louisiana Ends Sales Tax on Gold & Silver Bullion

Louisiana Governor John Bel Edwards Signs House Bill 396 to Remove Sales Tax from Certain Precious Metals Baton Rouge, Louisiana — Sound money advocates rejoiced as Governor John Bel Edwards signed House Bill 396 into law in recent days. HB 396, which passed in the Louisiana state house and senate earlier this month by overwhelming … Read more »

States Consider Removing Income and Sales Taxes from the Monetary Metals

Listen to the Podcast Audio: Click Here Precious metals markets can certainly be volatile from week to week, but over time they are a more reliable store of value than Federal Reserve Notes. Gold and silver remain the world’s most enduring and most widely recognized form of money. And, as spelled out in the U.S. … Read more »

Sound Money Is Rising at the State Level

By Clint Siegner, Money Metals Exchange  Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises. The “gains” are largely illusory. Rising asset prices over time reflect the fact that the dollar buys less … Read more »

When Government Acts, “Unintended Consequences” Follow

In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parable of the broken window, illustrated the destructive effects of unintended consequences. Unfortunately, because of misplaced belief … Read more »

How Sound Money Principles Can Bolster Your Personal Finances

Sound money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Washington, D.C. is addicted to the easy money policies that have enabled $20 trillion in national debt accumulation and tens of trillions more in unfunded liabilities. Even with a new and unconventional … Read more »

Pension Funds Need Gold before It’s Too Late

By Jp Cortez Tens of millions of Americans and their employers pour money into pension plans each month, counting those funds to grow and to be there when needed at retirement. But a time bomb awaits. The bulk of U.S. pension funds are dangerously underfunded, and the assets are often invested in securities that have … Read more »

Fiction, Fairy Tales, and Fiat

Fiction, Fairy Tales, and Fiat By Guy Christopher, Originally Published on Money Metals Exchange Do young Americans today know anything about economics? No, they don’t, according to a study during the 2016 presidential primary season, which says lots of other Americans don’t either. The survey found 58% of millennials favor government-run socialism (statistically 6 out … Read more »

States Must Help Restore Sound Money in America

By Jp Cortez and Stefan Gleason This article was originally published on Tenth Amendment Center Control the money and you control the people. The federal government has done just that in the United States. Over the last hundred years, the federal government and the Federal Reserve, a privately owned bank cartel conceived of in secret, have … Read more »

The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her

By Guy Christopher, Originally Published on Money Metals Exchange The very first word anyone ever saw on a circulating United States coin was the word “LIBERTY.” From half-cents to silver dollars, each featured the likeness of an unnamed woman. The images varied, thanks to different engravers, but together they became recognized as Lady Liberty. Many, … Read more »

Corrupt Politicians and Corrupted Money Go Hand in Hand

By Clint Siegner, Money Metals Exchange “Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to … Read more »

Greenspan, Gold, and the Banality of Evil

By Stefan Gleason and Jp Cortez, Originally Published on Money Metals Exchange Under certain circumstances, seemingly decent human beings are capable of horrific things. So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America’s private banking cartel and current issuer of our … Read more »