You are here

The best and worst U.S. states for sound money in 2025

Section: Daily Dispatches

From Money Metals News Service, Eagle, Idaho
Wednesday, November 20, 2024

The newly released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances.

Released annually by the Sound Money Defense League and Money Metals Exchange, the Sound Money Index is a comprehensive scorecard evaluating how each U.S. state promotes or impedes sound money policies.

Ranked policies include sales, income, and gross revenue taxes connected with precious metals, state affirmation of gold and silver as money, strengthening protections of gold and silver clause contracts, state precious metals depositories.

Additional criteria include issuing or investing in gold bonds, inclusion of physical gold or silver in state pension or reserve funds, state mechanisms to accept and remit taxes and other payments in gold and silver, and crippling regulatory burdens imposed on precious metals dealers and investors. ...

... For the remainder of the report:

https://www.moneymetals.com/news/2024/11/20/wyoming-south-dakota-top-the-2025-sound-money-index-five-states-still-fully-tax-gold-and-silver-003631


... ADVERTISEMENT ...

Guanajuato Silver Drills 3.19 meters of 492 g/t silver equivalent at Valenciana Mines Complex

Company Announcement
Wednesday, November 20, 2024

Guanajuato Silver Company Ltd. (TSXV:GSVR, OTCQX:GSVRF), a growing Mexican-based precious metals producer, is pleased to provide an update on its 2024 exploration drilling program at the Valenciana Mines Complex in Guanajuato, Mexico. The company anticipates providing exploration highlights from its El Pinguico Project and San Ignacio mine located in Guanajuato, Mexico, and its Horcon Project in Jalisco, Mexico, prior to year-end.

James Anderson, chairman and CEO, said: "Our exploration programs continue to align with our production goals as we look to use our exploration successes to support our mid to long-term production growth. The district scale potential of the substantial Veta Madre system in Guanajuato remains the focus of our efforts. We are privileged to have the opportunity to run advanced exploration programs within the heart of one of Mexico's richest silver mining camps." ...

... For the remainder of the announcement:

https://www.gsilver.com/news/2024/949-uanajuatoilverrills319mof492gtgqatalencia20241120


Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16