Tennessee rejects dangerous government-backed 'transactional gold' boondoggle

From the Sound Money Defense League via Money Metals Exchange, Eagle, Idaho Thursday, April 9, 2026 Lawmakers in Tennessee delivered yet another blow to government "transactional gold" schemes today when the state legislature rejected harmful legislation, joining more than a dozen other states, including Georgia, Kansas, Arizona, West Virginia, Indiana, Kentucky, South Dakota, Idaho, Mississippi, Wyoming, and Michigan, in abandoning these schemes. ... Dispatch continues below ... ... ADVERTISEMENT ... USA Gold: Coins and Bullion Since 1973 USAGold, well known for its internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business. Please call 1-800-869-5115x100 and ask for the trading desk, or visit: http://www.USAGold.com USAGold: Great prices, quick delivery -- all the time. House Bill 2427 and Senate Bill 1813 would have created an entangling, government-run gold depository, investment, and payment system in the Volunteer State, directly competing with private firms that are already successfully offering these services in Tennessee and nationwide. ... ... For the remainder of the report: https://www.moneymetals.com/news/2026/04/09/tennessee-rejects-dangerous-government-backed-transactional-gold-boondoggle-in-latest-sound-money-victory-004826 * * * 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 US$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