Fed Chair nominee Janet Yellen spoke briefly about gold prices today during the Q&A session with the Senate at her confirmation hearing. After the opening statements and answering questions regarding employment, quantitative easing and the monetary policy, Senator Dean Heller of Nevada asked Yellen if she knows why gold prices fluctuate and if the economy…
Texas Eliminates Sales Tax on Precious Metals
Texans are saying “howdy” to House Bill 78, which eliminates the sales tax levied on purchases of gold, silver and platinum bullion and numismatic coins. The bill introduced by Texas Representative David Simpson passed both the Texas House and Senate earlier this year and became effective Oct. 1. Prior to HB 78, the sale of…
