Individual US States push for gold and silver legalization

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Sound Money Advocates in Wyoming Introduce Bill to Establish Gold Reserve

Lawmakers in Wyoming have introduced legislation today to create the “Wyoming Gold Reserve.”
www.soundmoneydefense.org
www.soundmoneydefense.org

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Legislation approved to enact gold, silver as legal tender in Florida​

A bill that enacts prior approval to make gold and silver coins legal tender in Florida is headed to Gov. Ron DeSantis.

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Direct link to bill:


Read bill as pdf:

 

State Legislatures Continue to Reject Big Government “Transactional Gold” Boondoggles​

(March 17, 2026 – Charlotte, NC) – Kansas, Arizona, West Virginia, Indiana, and Kentucky are the latest states to reject elaborate government-run “transactional gold” schemes this legislative session.

These failed measures are increasingly being recognized as unwise policy that harms free-market competition, involves a large new government program, and serves only narrow vendor self-interests.

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A new gold rush: States stockpile bars, encourage gold-backed debit cards​

More states are piling up gold bars, or encouraging residents to use gold-backed debit cards, to hedge against inflation.

Several states, including Western ones with rich mining histories, have been stockpiling gold as part of their broader state savings. And more states are looking to follow the lead of Texas and Florida by passing so-called transactional gold laws that would invite consumers to save and spend gold through their own accounts.

Critics question the need for these bills and some have panned them as potentially market-disrupting measures that could ultimately provide tax havens for the wealthy. But proponents say they can help bring gold to the masses and provide ordinary consumers an important protection against the creep of inflation, since gold has generally increased in value over time.

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I like to see more discussion of gold as money in the public sphere.
 
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