Texas Approves Tax Exemption for Precious Metals

Texas Approves Tax Exemption for Precious Metals

Voters in Texas approved legislation that strengthens the case for precious metals in wealth diversification and IRA retirement strategies. The Lone Star State’s “thumbs-up” on Proposition 9 means precious metals held in precious metals depositories are exempt from property taxation. Precious metals depositories are facilities where owners can securely store their gold, silver, platinum, and…

Learn about the Coinage Act of 1965 and how it impacted American coinage and half-dollars

What to Know About the Coinage Act of 1965

In the early 1960s, the U.S. faced a dwindling supply of silver that threatened to elevate the demand of coins such as the dime and quarter—coins that at the time contained actual silver—beyond their face value. The Coinage Act of 1965 aimed to address this shortage. This silver shortage spurred people to hoard significant amounts…