Individual US States push for gold and silver legalization

[Fatrat]

In the end I believe we would have to cut services as a consumption tax just would not bring enough money. My opinion.

 

[Viking]

That means you must cut spending somewhere, so what do you plan to cut?

Everything. You want something, you pay for it.

 

[Fatrat]

So you directly pay your Fire Department, no pay, the Department show's up and protects the neighbors and you suck lemons....same with Cops, ambulances, Hospitals....

 

[searcher]

Somewhat related.

The Re-Emergence and Death Knell of Century Bonds

Until we have better money (i.e., sound money), I doubt we’ll see many more century bond offerings.

www.soundmoneydefense.org

 

[searcher]

So you directly pay your Fire Department, no pay, the Department show's up and protects the neighbors and you suck lemons

Your post reminded me of something I read some years back.

No pay, no spray: Firefighters let home burn

Firefighters in rural Tennessee let a home burn to the ground because the homeowner hadn't paid a $75 fee.

www.nbcnews.com

https://www.npr.org/sections/thetwo-way/2010/10/08/130436382/they-didn-t-pay-the-fee-firefighters-watch-tennessee-family-s-house-burn

I don't know how prevalent this sort of thing is, but it does happen.

 

[Fatrat]

I remember debate on GIM2, people arguing whether the homeowner could then buy in or was he SOL...I was in the SOL Club.

 

[searcher]

Lawmakers in the North Carolina House of Representatives have voted in favor of studying the benefits of having an in-state bullion depository.

House Bill 721, introduced by Rep. Mark Brody (R – 55), would prompt a study into how North Carolina could establish its own bullion depository to securely store the state’s physical gold, should it choose to make such an investment, was approved by the state House 73-40 in June. The bill first received a favorable report before the House State Government committee.

North Carolina House Votes to Study Establishing In-State Bullion Depository

House Bill 721, introduced by Rep. Mark Brody (R – 55), would prompt a study into how North Carolina could establish its own bullion depository to securely store the state’s physical gold, should it choose to make such an investment

www.soundmoneydefense.org

Related.

RALEIGH, N.C. (April 21, 2025) – A bill filed in the North Carolina House would officially recognize gold and silver as legal tender and repeal state capital gains taxes on the metals. Passage into law would set the stage for the people themselves to undermine the Federal Reserve monopoly by introducing competition into the monetary system.

North Carolina Bill Would Recognize Gold and Silver as Legal Tender, Repeal Taxes | Tenth Amendment Center

Under the North Carolina Sound Money Act, investment coins and investment metal bullion made of refined gold or silver that is stamped, marked, or imprinted with its weight and purity would be recognized as legal tender in the state.

blog.tenthamendmentcenter.com

 

[searcher]

 

[pmbug]

 

[searcher]

Now in Effect: Louisiana Law Recognizes Gold and Silver as Legal Tender in the State​

By: Mike Maharrey | Published on: Aug 1, 2024|Categories: Federal Reserve, State Bills|

BATON ROUGE, La. (Aug 1, 2024) – As of today, gold and silver are officially recognized as money by the state of Louisiana.

Sen. Mark Abraham filed Senate Bill 232 (SB232) on March 1. Under the new law, “any gold or silver coin, specie or bullion issued by any state or the United States government as legal tender shall be recognized as legal tender in the state of Louisiana.”

The House passed SB232 by a 92-0 vote. The Senate concurred with a vote of 38-0. With Gov. Jeff Landry’s signature in May, the new law went into effect on Aug. 1.

Beyond the provisions to make gold and silver legal tender, the bill also specifies that “no person shall incur any liability for refusal to accept recognized legal tender for the payment of debts, except as provided by contract.”

Now in Effect: Louisiana Law Recognizes Gold and Silver as Legal Tender in the State | Tenth Amendment Center

Under the new law, “any gold or silver coin, specie or bullion issued by any state or the United States government as legal tender shall be recognized as legal tender in the state of Louisiana.”

blog.tenthamendmentcenter.com

Update.

Louisiana Bill Would Create 100% Backed Gold and Silver Transactional Currency | Tenth Amendment Center

A bill filed in the Louisiana House would establish a 100 percent gold and silver-backed transactional currency.

blog.tenthamendmentcenter.com