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Texas Proposes Gold and Silver Backed Currency for Everyday Transactions

A Texas Republican has introduced legislation aiming to establish state-issued currencies fully backed by gold and silver, potentially transforming everyday transactions for Texans. This initiative would allow the Texas Comptroller to issue gold and silver coins through the Texas Bullion Depository, enabling these currencies to serve as legal tender in the state. The proposed system emphasizes stability and competition against depreciating fiat currency, allowing holders to redeem their currency for physical gold or silver at market prices.

Original Source: GoldSeek

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Gold Hits New Record; $5,000 Target in Sight 

Gold blew past $4,800 per ounce Wednesday, hitting another record high amid a diplomatic crisis over Greenland. Investors are dumping U.S. assets and buying precious metals as geopolitical tensions escalate. Analysts now see gold pushing toward $5,000 this year.

Read More »
January 21, 2026
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Gold Clears $4,700 on Global Turmoil 

Gold jumped 3.11% to clear $4,700 per ounce while silver rocketed 5.8% higher past $95. The rally reflects mounting concerns about tariffs, dollar debasement, and geopolitical turmoil. Trump’s Greenland threats, crashing bond markets, and Fed independence attacks are driving safe-haven demand.

Read More »
January 20, 2026

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Gold Hits New Record; $5,000 Target in Sight 

Gold blew past $4,800 per ounce Wednesday, hitting another record high amid a diplomatic crisis over Greenland. Investors are dumping U.S. assets and buying precious metals as geopolitical tensions escalate. Analysts now see gold pushing toward $5,000 this year.

Read More »
January 21, 2026
News

Gold Clears $4,700 on Global Turmoil 

Gold jumped 3.11% to clear $4,700 per ounce while silver rocketed 5.8% higher past $95. The rally reflects mounting concerns about tariffs, dollar debasement, and geopolitical turmoil. Trump’s Greenland threats, crashing bond markets, and Fed independence attacks are driving safe-haven demand.

Read More »
January 20, 2026
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