Fed Panics: New Silver & Gold Laws Threaten Control
Fed Panics: New Silver & Gold Laws Threaten Control
Daniela Cambone: 5-2-2025
We’re seeing more and more states actively participate in a monetary renaissance,” says JP Cortez, Executive Director of the Sound Money Defense League.
He speaks with Daniela Cambone about how different U.S. states are making moves to support sound money by getting rid of taxes on gold and silver and recognizing them as legal tender again.
Wyoming, Idaho, and Alabama are a few standout examples of these efforts.
“Politicians tend to see dollar signs and don’t understand the constitutional or historical reasons why gold and silver shouldn’t be taxed,” Cortez points out.
He also weighs in on the recent power outage in Spain, highlighting why depending only on digital money can be risky during a crisis.
Key facts:
2025 has seen significant progress in sound money adoption.
Leading states: Wyoming, Idaho, Alabama Challenges in implementing sound money legislation
Why are politicians reluctant to adopt sound money?
Spain’s blackout highlights the risks of relying on digital money.
Chapters:
00:00 – Tax Reforms on Gold and Silver
4:39 – State-by-State Sound Money Rankings
6:20 – The Rise of the Sound Money
7:31 – Can the Fed Stop Sound Money?
9:24 – Utah's Leadership in Sound Money Adoption
12:30 – Spain Power Outage
17:22 – The Growing Problem of National Debt
18:51 – End the Fed