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The Sound Money Defense League is a public policy project aimed at bringing awareness to gold and silver as “sound money” and enacting legislative change across the country to reduce sales taxes on the precious metals.
Jp Cortez, policy director of the League, tells David Lin, anchor for Kitco News, that there is a big discrepancy across the country when it comes to tax rates for gold and silver; some states, like Arkansas, have eliminated sales taxes altogether while others, like Tennessee have a sales tax rate of 10%, one of the highest in the country.
0:00 – Eliminating sales taxes on gold and silver
1:55 – Which states charge the most tax?
7:06 – Sound Money Index
10:18 – Gold reserves
12:14 – Money is flowing to “sound money” states
13:05 – Sound Money Defense League
18:02 – Legal tender
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Searching and Finding Unique Rare and Old Antique American Gold and Silver Coins Today!
Now there are a lot of economic experts saying we could go back into a recession and maybe into a depression like the 1930s. To be honest it seems like we are in a depression right now! Lets hope we will never have to experience that horrible event.
Is it Safe to Invest Only in Gold?When economic crises strike, it looks like no business is safe anymore. That is the moment when we need to protect our investment, our assets, our families. Regardless to the currency, paper money has merely a notional value which offers no real insurance. There is no bank in the world safe enough to guard our wealth when everything goes down. And then we ask ourselves how can we protect what we own, how can we save our capital?
Gold – A Good InvestmentGold is a metal that has a special place in this world. Not only women, but nowadays we find that even men like to adorn golden jewels. It is symbol of wealth, has a store value and it is a good form of investment. This metal which is yellow in color has been used for thousands of years, and is measured as grams.
Buy Gold Bullion Online – Gold Bullion InvestmentFind the best places to buy gold bullion online at fantastic auction prices. See why buying gold bullion is the smart choice in these economic times.
Rare Gold Coins – What Are They?What is the difference in gold, gold coins and rare gold coins? Read this entire article and find out.
Silver Bar Bullion – Protection From a Clear and Present DangerExperts decree that investing in silver bullion bars is not only wise preparation for the turbulence ahead but also is positioning oneself for a wealth creation opportunity. The world financial foundations are cracking as paper currencies founded on debt, rather than gold and silver, are inflating and losing value.
Stocks and Share? Go For Safer Alternatives, Gold Bullion BarsIn 1798, Benjamin Franklin commented in a letter to John-Baptiste Leroy that ‘nothing can be said to be certain, except death and taxes’. And it seems to still hold true today.
Investing in Gold Seems the Best Solution Against the Inflation HedgeThe preset situation of the world is not exactly very stable. The financial crisis makes people wonder what is safe to invest in. All currencies seem to have problems one way or another. The moment one currency depreciates; another one seems to get stronger. But there is one item which seems to flourish from all these problems. This item is gold. It is said that someone’s misfortune may be somebody else’s luck and so it is.
Safely Buy Gold Coins Just Like the ProfessionalsRecently, there’s been quite a lot of debate concerning whether to buy gold coins, silver coins and other precious metals as an investment as well as a hedge against looming inflation. While no one person can exactly predict the future and how economic recession will play out, it’s not a bad idea to buy gold coins. There are several excellent reasons to do so, regardless of what happens in the coming years. Let’s explore the reasons you should buy gold coins and other forms of gold for both profit and protection.
Buying Gold Coins – An Insider’s Guide to Safely Investing Your MoneyInvestors of all kinds are desperately seeking to find a safe haven for their money, and buying gold coins is an excellent option. In an unpredictable market, it takes some serious research to find a stable investment. A wrong gamble can mean disaster. Life savings have been erased almost overnight for some people, and knowing where to invest well, is paramount.
