a Missouri Senate committee passed a bill that would take important steps toward treating gold and silver as money instead of commodities and would set the stage for the people to undermine the Federal Reserve’s monopoly on money.
The post Missouri Senate Committee Passes Bill That Would Take Steps Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
Practically speaking, this would allow Tennesseans to use gold or silver coins as money rather than just as mere investment vehicles. In effect, it would put gold and silver on the same footing as Federal Reserve notes.
The post Tennessee Bill Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.
The legislation would take two steps to encourage the use of gold and silver as money in Missouri, including making it legal tender, and eliminating the state capital gains tax on gold and silver.
The post Missouri Senate Committee Holds Hearing on Bill That Would Take Steps Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The legislation would exempt from sales tax the sales of platinum, gold, and silver bullion that are valued solely upon their precious metal content, whether in coin or ingot form.
The post Mississippi Bill Would Take Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
A bill filed in the Oklahoma Senate would establish a state bullion depository. This would not only create a safe place to store precious metals; it also has the potential to facilitate the everyday use of gold and silver in financial transactions in Oklahoma and set the stage to undermine the Federal Reserve’s monopoly on money
The post Oklahoma Bill Would Create State Bullion Depository first appeared on Tenth Amendment Center.
Nullification Movement News, Episode 3. This week's stories include:
-5 States vs State and Fed Forfeiture
-The Fiat Currency Regime
-Richard Henry Lee's Warning
The law would amend the Wyoming Legal Tender Act to require the state treasurer to establish a system to provide for the payment of state and local taxes with specie or specie legal tender "subject to authentication procedures ... that are consistent with precious metals industry standards."
The post Wyoming Bill Would Take Another Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The legislation would exempt from sales tax the sales of platinum, gold, and silver bullion that are valued solely upon their precious metal content, whether in coin or ingot form. This also includes numismatic coins that have a value of $1,000 or less, and numismatic coins sold at a national, statewide, or multi-county numismatic trade show.
The post Mississippi Bill Would Take Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The legislation would establish a state bullion depository that could operate either "exclusively or non-exclusively" as a precious metals depository to "serve as the custodian, guardian, and administrator of certain bullion and specie that may be deposited with the depository by this state, a political subdivision, or another instrumentality of this state, or by a private individual, party, or other entity."
The post Tennessee Bill Would Create State Bullion Depository first appeared on Tenth Amendment Center.
Under the proposed law, gold and silver coins issued by the federal government would be deemed legal tender in this state, as was always required by the Constitution.
The post West Virginia Bill Would Make Gold and Silver Legal Tender first appeared on Tenth Amendment Center.