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Wyoming Senate approves bill to hold $10 million in physical gold

Section: Daily Dispatches

By Jp Cortez
Money Metals Exchange, Eagle, Idaho
Friday, January 31, 2025

CHEYENNE, Wyoming -- With an overwhelming majority, the Wyoming state Senate has voted favorably on legislation that would establish a stockpile of gold for the Cowboy State.

Sponsored by sound-money champion Sen. Bob Ide and backed by Money Metals Exchange and the Sound Money Defense League, Senate File 96 mandates the state treasurer to invest $10 million of state funds in securely stored physical gold and silver. 

... Dispatch continues below ...


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The bill was widely supported, passing out of the chamber with a 25-6 vote.

Sen. Ide said, "I'm proud to have sponsored this important measure and to receive this favorable vote by the state Senate. Wyoming doesn't own a single ounce of gold, putting our state's finances and citizens at risk." ...

... For the remainder of the report:

https://www.moneymetals.com/news/2025/01/31/wyoming-senate-approves-bill-to-hold-10-million-in-physical-gold-003803

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GATA is grateful to these companies for their recent support:

Apollo Silver Corp.
Barksdale Resources
Dolly Varden Silver Corp.
Dryden Gold Corp.
Group Eleven Resources
Guanajuato Silver
IBK Capital Corp.
Independent Trading Group
Mining Discovery
Power Nickel
Silver North
Strike Point Gold
The National Investor
The Prospector
Western Alaska Minerals

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