GOLD & SILVER
legislation
RELEVANT CONSTITUTIONAL AND U.S. CODE PROVISIONS
The U.S. Constitution allows individual states to make gold and silver legal tender, affording the same power to the federal government but granting the federal government the additional power to issue paper money.
Article 1, Section 10, U.S. Constitution, Clause 2
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
31 U.S.C. §5103 Legal tender
United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.
Permitting State Purchase of Precious Metals
Eliminating all State Taxes on Gold and Silver
Qualifying Gold and Silver as Permitted Assets for Investment by State Pension Fund