Gold & Silver Taxes Dropped in 45 States, 13 End Capital Gains: Why It 'Scares' the Fed - Jp Cortez
Gold & Silver Taxes Dropped in 45 States, 13 End Capital Gains: Why It 'Scares' the Fed - Jp Cortez
Kitco News: 5-11-2024
Jeremy Szafron, Anchor at Kitco News, interviews Jp Cortez, Executive Director of the Sound Money Defense League, to discuss the transformative steps states across the U.S. are taking to remonetize gold and silver.
In this interview, Cortez explains how states are eliminating taxes on precious metals to restore them as viable money and combat inflation.
Cortez also dives into federal initiatives aimed at solidifying the constitutional stance that treats gold and silver not just as assets but as legal tender.
This interview covers the potential impacts on the economy, the philosophy behind sound money, and the practical implications for everyday Americans.
00:00 Introduction
01:30 The Importance of Sound Money
03:30 State Legislation on Precious Metals
06:00 Impact on Individual Finances:
09:00 Federal Policies and Sound Money
12:00 Addressing Common Criticisms
15:00 The Role of Gold and Silver Today
18:00 Practical Challenges and Solutions
22:00 Conclusion