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2024 Sound Money Index highlights problematic states as well as gains
From Money Metals News Service, Eagle, Idaho
Wednesday, December 13, 2023
With inflation, debt, and financial instability continuing to make headlines, a new national scorecard exposes Vermont, New Jersey, Maine, and Minnesota as America's absolute worst states for sound money, while Wyoming, South Dakota, Alaska, and New Hampshire came out on top in the rankings.
Money Metals Exchange, the top-rated precious metals dealer and depository in the United States, has partnered with the Sound Money Defense League to create the 2024 Sound Money Index, ranking all 50 states based on their policies in this increasingly important public policy area.
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The index's scoring system evaluates state laws such as sales and income tax policies concerning precious metals, whether a state affirms the role of gold and silver under the U.S. Constitution, the existence of gold or silver in state pension funds or reserves, the existence of regulations that harm or otherwise punish precious metal dealers and investors, and other relevant issues.
Notable changes on the 2024 Sound Money Index since last year include Arkansas' meteoric ascent from 30th to 5th place as well as Mississippi's leap from 43rd to 16th place. ...
... For the remainder of the report:
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