Gold instead of the dollar: why American states have begun a rebellion against paper money

This is no longer a conspiracy theory — it is reality. Gold is becoming money again in the USA, and it starts at the state level.

Jp Cortez, director of the Sound Money Defense League, recently shared some fresh information: in 2024, there was a significant shift. New Jersey and Nebraska eliminated sales taxes on precious metals. New Jersey has now become the 45th state to do so. Seems like a minor thing? No — it’s a signal that people are starting to view gold and silver as money, rather than commodities.

Why is this happening right now?

The truth is simple: the dollar is slowly dying from a thousand cuts. Inflation is eating away at purchasing power, countries like China and Russia are transitioning to gold settlements, and BRICS is openly opposing dollar hegemony. Gold is currently trading around $2,600 per ounce — new historical highs.

Central banks understood this first and began to increase their gold reserves. Now the states are following them. Utah is already considering the possibility of holding physical gold in the state treasury. This is not decoration — it is insurance against the collapse of the dollar.

Barriers to Break

Cortez honestly noted: at the federal level, almost nothing changes. Congressman Alex Mooney is trying to push through a law to abolish the profit tax on gold and silver, but progress is slow. However, at the state level, it is working — here the pressure from below helps.

Citizens of Nebraska recently halted an attempt to reissue the tax on precious metals. The local campaign worked. This shows that when people organize, even quiet money can win.

Main conclusion

Gold is not a collector's hobby. It is an antidote to inflation and the retooling of the dollar. The system is slowly recognizing this, starting with the states. If profit taxes on gold and silver are banned at the federal level, it will create a domino effect — most states are currently not repealing these taxes precisely because their introduction is at the federal level.

De-dollarization is already underway. The question is not whether it will happen, but whose side you will be on when it does.