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 »

Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals

Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars. Bill sponsor Representative Mike Moyle (R) and the entire Republican caucus voted for the measure.  If the Republican-controlled Idaho Senate follows suit … 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 »

Diwali, Lord Rama, and the Return of Gold from Exile

October 30, 2016 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness. Diwali celebrations entail gleaming candles, luxurious works of art, opulent feasts, and the observance of good over evil. … 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 »

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 »

Rolling Back the Taxes on Our Constitutional Money

By Jp Cortez of Sound Money Defense League Imagine if you asked a grocery clerk to break a $5 bill and he charged you a 35 cent in tax. Unfair, right? After all, you were only exchanging one form of money for another. But try walking to a local precious metals dealer in more than … Read more »

During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

How would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing under such circumstances?  The mainstream media would have us believe that unless we … Read more »