OKLAHOMA CITY, Okla. (Jan. 29, 2016) – A bill prefiled in the Oklahoma House would create a state gold depository, an important first step toward establishing gold and silver as commonly used legal tender in the state. Sen. Nathan Dahm prefiled Senate Bill 1296 (SB1296) earlier this week for official introduction when the regular session begins on…
NASHVILLE, Tenn. (Jan. 14, 2016) – A Tennessee bill would exempt gold and silver bullion from sales tax, taking a small step toward nullifying the Federal Reserve’s monopoly on money. Introduced by Sen. Frank Niceley, Senate Bill 1610 (SB1610) would exempt the sale of all gold, silver and bullion that is used as a medium…
In Colorado, a local credit union that provides financing for the fledgling marijuana industry is using the Tenth Amendment in its fight against discriminatory practices by the Federal Reserve. According to George Selgim at the Cato Institute, the Federal Reserve Bank of Kansas City has refused to grant a master account to The Fourth Corner…
A couple of weeks ago, I appeared on “An Economy Of One” podcast to discuss the new Texas gold depository. Gary Rathbun and I discussed two important impacts the Texas depository will have. First, by controlling its own gold stores, it provides the state greater economic independence and autonomy. Second, it opens the door for Texans…
That’s right: the Federal Reserve is now in the business of enforcing the U.S. government’s drug laws, even if that means making a mockery of both state governments’ right to set their own drug policies and the Fed’s own governing statutes.
We Americans no longer carry gold and silver money in our pockets and purses as our grandparents did during their lives. But we still carry the history, legacy and spirit of those gold and silver coins in our language – with more meaning than you might imagine. “Sound money” has a clear message recognized for…
A bill recently signed into law in Texas that will set up a state gold depository represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Fed. Gov. Greg Abbot signed the law creating the state gold bullion and precious metal depository last…
OKLAHOMA CITY, June 11, 2014 – Oklahoma Gov. Mary Fallin has signed a bill into law that declares gold and silver as legal tender within the state. Signed last week, Senate Bill 862 (SB862) was introduced by Sen. Clark Jolley and Rep. Gary Banz, with co-sponsorship from Sen. Natham Dahm. It reads, in part: Gold…
Courteous, but straightforward.
The Fed: Ruining the economy for far too long. Jefferson warned about it, and it’s time to pay attention.