As inflation continues to erode the purchasing power of the dollar, an increasing number of U.S. states are rethinking the role of precious metals. The growing Sound Money, aka “gold as currency,” movement reflects a loss of faith in the dollar and the Federal Reserve. As well as a desire for greater economic freedom.
Advocates see gold and silver as “politically neutral, inflation-free money.” More states are advancing policies to make precious metals easier to own, trade, and even spend. For everyday Americans, these changes could provide more options to safeguard the value of their savings.
The pace of legislative activity is accelerating. While a few such bills were introduced annually in the past, more than 30 were proposed in each of the last three years, including 60 so far in 2025. This year alone, 12 states have enacted legislation, while 32 states are currently debating similar laws.
