Why Are These US STATES Buying GOLD? Just Like Central Banks
Why Are These US STATES Buying GOLD? Just Like Central Banks
VRIC Media: 8-15-2024
We are set up for a historic decade in the commodity sector, this show will be the central source of information and study for my portfolio strategy.
It will be a place where myself and other investors from the sector will stress test our ideas and discuss where we are allocating capital.
This week, I am joined by Jp Cortez, Executive Director of the Sound Money Defense League, who is here to make his case for the return of sound money.
Jp dives deep into the resurgence of gold and silver as viable forms of money, the legislative victories across U.S. states removing barriers to using precious metals, and the growing trend of states and individuals adopting a personal gold standard.
We also explore the strategic importance of gold in protecting wealth, the challenges of counterparty risk, and the broader implications of these trends for the future of money in America.
0:00 Intro
1:18 The Case for Gold as Money
5:19 - Advantages of Gold & Silver Ownership
13:48 Counterparty Risk & Gold's Role
18:42 States Adopting Gold in Treasury
23:57 Global & National Trends in Gold Acquisition
39:22 - Sound Money as a Constitutional Right
44:50 - Sound Money Scholarship