Signed as Law: Virginia Takes Another Step Toward Treating Gold and Silver as Money

On Monday, Virginia Gov. Glenn Youngkin signed two bills that will extend and expand a sales tax exemption on the sale of gold and silver bullion and coins. The exemption relieves some of the tax burdens on investors, and it also eliminates one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.