Silver Intel Report
Trade Policy

More state legislatures reject big-government 'transactional gold' boondoggles

By GATA March 18, 2026 Neutral
From the Sound Money Defense League Charlotte, North Carolina Tuesday, March 17, 2026 Kansas, Arizona, West Virginia, Indiana, and Kentucky are the latest states to reject elaborate government-run "transactional gold" schemes this legislative session. These failed measures are increasingly being recognized as unwise policy that harms free-market competition, involves a large new government program, and serves only narrow vendor self-interests. ... Dispatch continues below ... ... ADVERTISEME
From the Sound Money Defense League Charlotte, North Carolina Tuesday, March 17, 2026 Kansas, Arizona, West Virginia, Indiana, and Kentucky are the latest states to reject elaborate government-run "transactional gold" schemes this legislative session. These failed measures are increasingly being recognized as unwise policy that harms free-market competition, involves a large new government program, and serves only narrow vendor self-interests. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy, Sell, or Store Precious Metals with Money Metals Exchange Money Metals Exchange, a national bullion dealer recently named "Best Overall" by Investopedia.com -- https://www.moneymetals.com/news/2021/02/01/best-overall-precious-metals-dealer-002213 -- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals. Shop online with Money Metals Exchange here -- https://www.moneymetals.com/buy -- or by calling 1-800-800-1865. Meanwhile, Money Metals Depository will store your precious metals in a segregated account at low cost: https://www.moneymetals.com/depository -- A Kansas Senate Committee abandoned Senate Bill 115, which attempted to create a state-managed bullion depository and government-run transactional system, entangling the state in a public-private partnership that would pit the state government against hundreds of businesses in the private sector. -- Lawmakers in Kentucky recognized the harmful effects Kentucky Senate Bill 32 would have inflicted on in-state businesses, investors, and potentially the state itself, and they too abandoned the bill. ... ... For the remainder of the report: https://www.moneymetals.com/news/2026/03/17/state-legislatures-continue-to-reject-big-government-transactional-gold-boondoggles-004768 * * * 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 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png
Topics: transactional goldgovernment-run schemesfree-market competitionprecious metals