America is on the gold standard!

1 year ago
137

$Cash App: MamaKia13
#gold #silver #money
Our Republic of America is on a gold standard. States are catching up to reflect this, by introducing and passing legislation to utilize gold and silver as legal tender.

As of 2019, these were the 13 states that we knew had introduced or passed legislation to make gold/silver legal tender (to be used as money):
https://www.mintstategold.com/investor-education/cat/news/post/states-where-gold-and-silver-have-become-legal-tender/#:~:text=States%20Where%20Gold%20and%20Silver%20Have%20Become%20Legal,7%20OKLAHOMA%20...%208%20TEXAS%20...%20More%20items

Things have changed since!

As of January 2022, 41 states repealed state taxes on silver and gold, thus recognizing these precious metals as legal tender (lawful money):
https://schiffgold.com/key-gold-news/several-states-consider-repealing-sales-tax-on-gold-and-silver-bullion/

As of February 5, 2022, 42 states repealed state taxes:
https://fee.org/articles/why-42-states-have-removed-taxes-from-the-purchase-of-gold-and-silver/#:~:text=In%20the%20Bluegrass%20State%2C%20Rep.%20Kirk-McCormick%20introduced%20House,and%20Sen.%20Stevens%20are%20pursuing%20a%20similar%20measure.

These are the remaining states at the printing of the above articles that had not introduced or passed bills to repeal state taxes:
Vermont, New Jersey, Maine, Tennessee, Kentucky, Wisconsin, New Mexico, Mississippi and Hawaii. The District of Columbia also taxes physical gold and silver purchases.

However, there have been bills that are now pending bills on 5 of these 9 states. Those bills are discussed in the video. Please do your due diligence to discover which states have now repealed taxes or are considering repealing taxes. Repealing state taxes, essentially mean that these states recognize precious metals as legal tender/lawful money.

*Sound money index:* https://www.moneymetals.com/guides/sound-money-index

To add precious metals to your portfolio, contact Miles Franklin: info@milesfranklin.com. Let them know that Dr. Kia Pruitt referred you to receive the best prices in the industry.

Cash app: $MamaKia13

Loading comments...