Sound Money Defense League

A national public policy group working to restore gold and silver as America's constitutional money at the state and federal level since 2014.

[Sound Money Defense League @SoundMoneyDef]

REMINDER: The 2026 Sound Money Scholarship deadline to apply is Oct. 31st.

Open to all college students and high school seniors, this scholarship challenges students to write an essay on sound money for a chance to earn funds to combat the rapidly rising costs of education.

[Sound Money Defense League @SoundMoneyDef]

We've teamed up with @MoneyMetals to offer the 11th annual Sound Money Scholarship contest.

We are proud to announce this year's panel of judges includes Bill Anderson, @artcarden, @peter_c_earle, and @Brien_Lundin.

The Sound Money Scholarship is offered to all high school seniors, undergraduate, and graduate students with an interest in economics, specifically the free-market tradition.

Applications are open until Oct. 31st.

[Sound Money Defense League @SoundMoneyDef]

Our director, @JpCortez27, quoted the renowned F.A. Hayek while speaking at the @LPNational convention about gold, silver, and the harmful effects of monetary policy.

42 years later and Hayek's concern is as pertinent as ever.

[Sound Money Defense League @SoundMoneyDef]

As gold beats out debt instruments as the world's top reserve asset, we can't help but revisit this part of the speech given by @JpCortez27 at the @LPNational convention.

"The price of gold is not going up, the purchasing power of your dollar is being siphoned away and stolen."

[GoldSeek.com @GoldSeekcom]

Sound Money Defense League Applauds Trump's Call for Gold Audit, Urges Action on Gold Reserve Transparency Act

By Jp Cortez

The Act requires a full assay and inventory of all US gold holdings and upgrade in purity of the gold to meet market standards.

https://t.co/VXrp6gJCl4

[Joseph Cavatoni @JCavatoni_WGC]

The Precious Metals Parity Act has officially been introduced in the US House of Representatives.

An important step toward modernizing the treatment of precious metals under US tax policy and advancing greater parity for investors.

Thank you to Reps. @RepHorsford, @repkevinhern, and @RepNateMoran for their leadership on this effort. https://t.co/qz5kKWhZzR #Gold #PreciousMetals #Investing

[Jp Cortez @JpCortez27]

The theft is intentional.

[Jp Cortez @JpCortez27]

"By...inflation, governments can confiscate, secretly and unobserved...the wealth of...citizens.

The process engages all the hidden forces of economic law on the side of destruction... in a manner which not one man in a million is able to diagnose."

John Maynard Keynes, 1919

[Money Metals @MoneyMetals]

President Trump has indicated a desire to see the Fort Knox #gold audited. @SoundMoneyDef supports this!

https://t.co/nCGIiqp7NU

[Jp Cortez @JpCortez27]

It's long past time to audit Fort Knox and other places where U.S. gold is purportedly stored @SoundMoneyDef @MoneyMetals

[Jp Cortez @JpCortez27]

“I especially appreciate @SoundMoneyDef for standing with us from day 1, helping build state and national support for the bill, providing expert testimony, and working alongside Alaskans throughout the process to help get this legislation across the finish line.” - Sponsor McCabe

[Jp Cortez @JpCortez27]

@LibertarianInst Me quoting F.A. Hayek at the @LPNational Convention last weekend: https://t.co/iQY03xBkkO

[Jp Cortez @JpCortez27]

In the last 48 hours, Maryland and Alaska have both enacted pro-sound money legislation. Alaska and Maryland's scores are expected to rise on the next edition of the Sound Money Index after the passage of these measures @SoundMoneyDef @MoneyMetals

[Jp Cortez @JpCortez27]

Moments ago, Alaska enacted HB 1/SB 162, which removes local sales taxes from purchases of gold and silver & reaffirms them as constitutional money.

@soundmoneydef worked to secure the introduction of the bills, testified at hearings & helped generate massive grassroots support.

[Sound Money Defense League @SoundMoneyDef]

Our director, @JpCortez27, quoted the renowned F.A. Hayek while speaking at the @LPNational convention about gold, silver, and the harmful effects of monetary policy.

42 years later and Hayek's concern is as pertinent as ever.

[Jp Cortez @JpCortez27]

"So: if the chronic inflation undergone by Americans...is caused by the continuing creation of new money, and if... its governmental "Central Bank" is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation?" - Murray Rothbard, 1994

[Andro @AndroOxinu]

What Does the SILVER Act Mean for Precious Metals Investors? https://t.co/hcjrrgkjaf

[Jp Cortez @JpCortez27]

"When you have [geographic] diversification, you have a more robust, anti-fragile system."

Great work by @silverguru22 on the importance of the new SILVER Act in Congress in making U.S. gold financial infrastructure more robust at a time where Shanghai and HK are doing the same.

[Jp Cortez @JpCortez27]

"Let's say there is a cyber attack on a money center bank in NY that handles the inventory for the COMEX...you can't access [metals] readily, and you can't trade...if you have [metals] diversified through other depositories in the West, you have decreased the vulnerability." - @silverguru22 on the SILVER Act being a matter of national security.

[Senator Rand Paul @SenRandPaul]

I'm still looking to audit Fort Knox.

[Jp Cortez @JpCortez27]

People should stop obsessing over the face printed on the money. The scandal here is that the purchasing power of the dollar has been inflated away so much that we now need $250 bills to match everyday prices.