Are you thinking about moving to Southern Missouri? Today I’m diving into something that’s been getting a lot of attention lately—the push to make Missouri gold & silver legal tender. I’ve been following this closely, and I want to share what the Constitutional Money Act explained really means for folks here in Southern Missouri. In the past, there was an attempt with HB 1955, but that bill didn’t make it through. Now, with HB 630—officially called the Constitutional Money Act—things are looking a whole lot more promising.
This bill isn’t just talk. It lays out how precious metal coinage, also known as specie, could officially be used as money. That means if you’ve got gold or silver, you could choose to use it as payment. Even better, the state would have to accept it for taxes and fees, which is a pretty big deal. Another part of the bill that stands out to me is how it eliminates taxes on precious metal transactions. That’s huge for anyone who invests in or trades metals. Plus, it ensures that citizens are protected from having their specie seized, and it prevents state agencies from stepping in and limiting your right to use this kind of money.
Honestly, I’m pretty excited about this. To me, it feels like a safeguard against inflation and even a potential buffer if the federal government ever pushes a central bank digital currency. Whether you’re a metals investor, a history buff, or just curious about new laws, seeing Missouri gold & silver legal tender gaining ground is fascinating.
If you’re thinking about moving to Southern Missouri be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. I’d love to help you make a smooth move to Southern Missouri!
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00:00 - Intro to Missouri Gold & Silver Legal Tender | Constitutional Money Act Explained
00:28 - Constitutional Money Act In Missouri
01:46 - Missouri Vocabulary Explained
02:24 - Missouri Bucket List Of Key Points
02:45 - Missouri Debt And Legal Tender
03:20 - Missouri Taxable Transactions
04:37 - No Favored Tender In Missouri
06:44 - Conclusion On Missouri Legal Tender
08:29 - Wrap up to Missouri Gold & Silver Legal Tender | Constitutional Money Act Explained
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