Gold and silver prices appear to have stabilized after dropping over the past three weeks. Silver is now trading at $22 per ounce, and gold is at $1,845.

We are seeing even more interest in sound money reforms at the state level, with the Mississippi legislature overwhelming passing a sales tax exemption yesterday while similar bills gain traction in Wisconsin, Kentucky, Alaska, Maine, Minnesota, and Vermont.

Other states are considering bills to remove income taxes from gold and silver and/or hold them as state reserves, including Kansas, Idaho, Iowa, West Virginia, Wyoming, Montana, Missouri, Tennessee, and South Carolina. For more information, visit the Sound Money Defense League.