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Tuesday, March 28, 2023

Signed as Law: Tennessee Authorizes State Gold and Silver Reserves

Tennessee Gov. Bill Lee signed a bill into law that creates a process for the state to buy, sell, and hold gold and silver. This sets a foundation for Tennessee to achieve more financial independence with gold and silver reserves, and could help undermine the Federal Reserve’s monopoly on money.
-ch

10 comments:

  1. I predict that the federal government will bend over backwards in its attempt to "persuade" Tennessee to abandon this idea. The threat to the Fed is serious -- and if Tennessee's idea is adopted by other states, could be the Fed's death knell.

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    1. It's being adopted by other states, but yeah, I can see the Feds leaning on the state.

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    2. May the Lord Bless us with such a victory over this tyranny.

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  2. Fantastic!! Great News!! End the fed!!

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  3. Resident Biden to outlaw non-Federal ownership of gold and silver in 3...2...

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  4. At least one state has wised up.

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  5. So the TN legislature and goober Bill Lee can act like free Americans yet constitutional carry is a bridge too far.

    What's that, don't despise small beginnings? This isn't a step in that direction, this is new, cut from whole cloth. Vegas bookies would go broke trying to figure TN state govt.

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    1. Oh, that's simple. Our "GOP"-supermajority Legislature is scared shitless of putting anything more controversial than the budget on the Governor's desk, or more frightening, getting pinned down on a recorded vote on either side of controversial legislation.
      So they rotate through committee members/chairs being "the bad guy" that kills good legislation every session.

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  6. google Executive Order 6102 . . . . this will not be allowed . . . . at least until its first been laundered by "the big guy". i do like the idea that folks are starting to use their heads, they just cant get around the oligarch overlords. "put your trust in God my boys & keep your powder dry" . . . . "make all preparations for getting underway."

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