Arizona Governor signed a bill into law that eliminates states capital gains taxes on gold and silver specie, a first step to facilitate their use as currency and undermine the Federal Reserve’s monopoly on money.
Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money
Following Texas’ footsteps, Utah introduces bill that would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money.
Texas has decided to build the first state level gold depository, casting a most tangible vote of no confidence yet on a monetary world careening towards a reset and where possession is the ultimate insurance in a world of re-hypothecated ownership.
In an orchestrated step to make its RMB a world reserve currency, China uses the recent U.S. foreign policies and domestic events to call for a new world order and reserve currency.