{"id":11221,"date":"2024-12-12T15:06:16","date_gmt":"2024-12-12T15:06:16","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/12\/12\/jp-cortez-gold-silver-in-sound-money-renaissance-bullish-on-prices-and-progress\/"},"modified":"2024-12-12T15:06:16","modified_gmt":"2024-12-12T15:06:16","slug":"jp-cortez-gold-silver-in-sound-money-renaissance-bullish-on-prices-and-progress","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/12\/12\/jp-cortez-gold-silver-in-sound-money-renaissance-bullish-on-prices-and-progress\/","title":{"rendered":"Jp Cortez: Gold, Silver in Sound Money Renaissance, Bullish on Prices and Progress"},"content":{"rendered":"<\/p>\n

He highlighted that seven states in the country passed various types of sound money legislation. Some removed taxes on precious metals, while others reaffirmed gold and silver as legal tender. <\/p>\n

Utah went further, allowing for a US$180 million investment in gold to be stored on the state’s balance sheet. <\/p>\n

‘We talk a lot about BRICS right now and de-dollarization, and there’s so much talk about countries with an adversarial relationship to the US who are looking for alternatives,’ said Cortez.<\/p>\n<\/p>\n

‘But if we look more closely, we’ll see it’s more than that. States themselves are also looking to de-dollarize \u2014 they’re looking for an alternative to dollar-denominated investments. We’re seeing that of course individuals, but (also) states, countries and international coalitions, seem to be coalescing around gold.’ <\/p>\n

He also outlined areas of focus for 2025, saying he hopes to see more progress on ending sales taxes on precious metals. <\/p>\n

Overall, Cortez is positive on advocacy efforts for sound money, as well as on gold and silver prices. <\/p>\n

‘I think we’re seeing that sound money \u2014 gold and silver \u2014 is having a renaissance right now,’ he said.<\/p>\n

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

He highlighted that seven states in the country passed various types of sound money legislation.…<\/p>\n","protected":false},"author":1,"featured_media":11222,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-11221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/11221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/comments?post=11221"}],"version-history":[{"count":0,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/11221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media\/11222"}],"wp:attachment":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media?parent=11221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/categories?post=11221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/tags?post=11221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}