Gold Back in the Game: Why More Than 30 States Are Moving Now | JP Cortez
Gold Back in the Game: Why More Than 30 States Are Moving Now | JP Cortez
Miles Franklin Media: 10-12025
Andy Schectman, CEO of Miles Franklin Precious Metals, speaks with Jp Cortez, Executive Director of the Sound Money Defense League, about the growing state-level revolt against the U.S. dollar and the push to restore gold and silver as real money.
Jp explains why nearly 70% of U.S. states are advancing pro-gold and silver legislation, and how Wyoming and Utah are building state gold reserves.
He also breaks down federal efforts to audit America’s gold reserves, the new Silver Act, and the risks of financial surveillance in so-called “sound money” bills. This conversation dives into the future of money, the role of sound money in protecting wealth, and whether states are quietly leading a monetary rebellion against fiat money.
In this episode of Little by Little:
70% of U.S. states now considering pro-gold and silver legislation
Wyoming passes $10M gold reserve; Utah invests $180M
Why some states are reimposing taxes on precious metals
The push to audit America’s gold and refine coin-melt bars
The Silver Act and why silver shortages matter now
Florida’s “sound money” law
Risk of surveillance
Are states leading a quiet rebellion against the dollar?
00:00 Coming Up
01:19 Introduction Jp Cortez and the Sound Money Defense League
04:20 The Historical Context of America's Monetary System
05:13 State Legislation & the Push for Sound Money
08:35 Challenges & Controversies in Sound Money Legislation
18:17 The Role of Gold in the US Government's Balance Sheet
21:01 Florida's Controversial Sound Money Bill
24:35 Tax Implications on Precious Metals
24:43 Legislative Bills & Digital Systems
24:58 Privacy Concerns with Digital Transactions
25:49 Government Involvement in Monetary Systems
29:55 Generational Divide: Gold vs. Crypto
34:04 Federal Legislation & the Silver Act
38:30 Best Case Scenario for Gold & Silver
44:10 Legal Tender & the Future of Fiat Currencies
47:32 Gold Reserve Transparency Act
49:31 Conclusion & Final Thoughts