Money Metals News Service

Pro-Sound Money Lawmaker Wants To End Income Taxes on Gold and Silver in Oklahoma

Oklahoma ended sales taxes on purchases of precious metals long ago, but now a state senator from Broken Arrow wants to end capital gains taxes on gold and silver transactions… Keep Reading

Oklahoma to Consider Holding Gold and Silver, Removing Income Taxes

Legislators in Oklahoma aim to protect state funds with physical gold and silver and remove capital gains taxes from gold and silver transactions… Keep Reading

Will 2022 Be “The Year of Sound Money” in the States?

Last year was a good year for state-level sound money legislation across the United States. 2022 could be even better.… Keep Reading

The Dollar’s Decline May Be About to Accelerate

Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price level increases. Last week’s Consumer Price Index and Producer Price Index reports put those measures of inflation at 7.0% a… Keep Reading

Hawaii Expected to Continue Effort From 2021 Session, Eliminate Taxes on Sound Money

After an abrupt ending to the 2021 Hawaii Legislative Session, legislators in the Ahola State aim to pick up where they left off and eliminate the state tax on constitutional sound money… Keep Reading

Tax Free Gold and Silver In the Volunteer State in 2022?

After years of several stymied pro-sound money efforts, legislators in Tennessee are feeling confident that 2022 will be the year when citizens can protect their savings without being taxed for purchasing gold and silver… Keep Reading

New Jersey to Consider Ending Taxes on Precious Metals

Legislators from New Jersey are trying to restore sound money in the Garden State. Originally introduced in 2021 but carrying over to 2022, these house and senate bills would end the practice of taxing the purchase of the monetary metals… Keep Reading

West Virginia Seeks to Eliminate ANOTHER Tax on Gold and Silver

After already having exempted gold and silver from sales taxes in West Virginia, a pro-sound money legislator aims to take it a step further, eliminating capital gains taxes from the sale of precious metals and declaring gold and silver legal tender in th… Keep Reading

Washington State Aims to Remove All Tax Liability from Sound Money Transactions

Washington State Rep. Chase has introduced a bill to eliminate ANY and ALL tax liabilities that may arise when transacting in precious metals… Keep Reading

World Investment Authority Renames Money Metals “Best Overall” Precious Metals Dealer

Eagle, Idaho -- Money Metals Exchange, a precious metals dealer with more than 250,000 customers, has just been named the “best overall” dealer in the United States by Investopedia.com, a top authority in the world’s investment industry.… Keep Reading