Peter's Blog

Ohio Repeals Sales Tax on Gold and Silver Bullion

Ohio Gov. Mike DeWine recently signed a bill into law exempting gold and silver bullion and coins from sales tax. This will not only relieve some of the tax burdens on investors in the state; it will also take a step toward treating gold and silver as money instead of as commodities.

Tennessee Will Explore the Possibility of a State Gold Depository

Last month, Tennessee Gov. Bill Lee signed a bill into law that creates a commission to study the feasibility of creating a gold bullion depository in the Volunteer State. A state bullion depository would not only create a safe place to store precious metals; it would increase the state’s financial independence. It could also facilitate […]

Bill Introduced in Congress to Repeal Capital Gains Taxes on Gold and Silver

A bill introduced in Congress would repeal capital gains taxes on gold and silver. Alex Mooney (R-WV) introduced HR2284. Titled the Monetary Metals Tax Neutrality Act, the legislation would eliminate capital gains, losses and all other federal income calculations on gold, silver, platinum, and palladium bars and coins.

Kansas Bill Would Make Gold and Silver Legal Tender in the State

A bill introduced in the Kansas House would recognize gold and silver specie as legal tender and repeal all taxes levied on it. The legislation would pave the way for Kansans to use gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money.

Ron Paul: Foreign Central Banks Going for Gold

Foreign central banks have been stocking up on gold for months. According to the World Gold Council, a dozen central banks have increased their gold reserves by at least 1 ton through the first eight months of 2019. This continues a trend we saw through 2018. In total, the world’s central banks accumulated 651.5 tons […]

The Founders Warned Us About Central Banking

The following article was written by South Carolina state Rep. Stewart Jones. The views expressed do not necessarily reflect those of Peter Schiff or SchiffGold. The Federal Reserve just lowered interest rates for the second time this year and announced more quantitative easing by injecting even more US dollars into the market. The days of cheap money […]

A Vote for Ron Paul and Sound Money: It’s Your Dime Interview with “Faithless Elector” Bill Greene

Bill Greene’s biggest claim to fame is spurning Donald Trump and voting for Ron Paul as a member of the electoral college in 2016. But Bill is more than just a “faithless elector.” He’s an assistant professor of political science at South Texas College, and an expert on “constitutional tender” and sound money. In this […]

West Virginia Legislature Approves Measure to Repeal Sales Tax on Gold and Silver Bullion

The West Virginia legislature has approved a bill that would take an important first step towards treating gold and silver like money instead of a commodity by repealing sales and use taxes on bullion.

Several States Considering Bills to Repeal Taxes on Gold and Silver

Several state legislatures are considering bills that would repeal taxes on the sale of gold and silver. Fundamentally,  gold and silver are money. But most governments treat precious metals as a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy.

Nullification! It’s Your Dime Interview with Tenth Amendment Center Founder Michael Boldin

What can we do when the federal government exceeds its constitutional authority? Thomas Jefferson answered that question in 1798. He said, “nullification is the rightful remedy.” But what in the world is nullification? And how do you do it?