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Connecticut is urged to encourage gold ownership, exempt monetary metals from taxation

Section: Daily Dispatches

2:58p ET Monday, April 14, 2024

Dear Friend of GATA and Gold:

Legislation to encourage gold ownership, create a state gold depository, and exempt the monetary metals from sales and capital gains taxes remarkably got a hearing today before the Connecticut General Assembly's Finance, Revenue, and Bonding Committee.

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The primary testimony in favor of the legislation came from Erik Bartone, a business executive in Glastonbury. It is a brilliant summary of the case for gold ownership in the era of inflation and currency devaluation.

A PDF copy of Bartone's testimony is posted in PDF format at the General Assembly's internet site here:

https://www.cga.ct.gov/2025/findata/TMY/2025SB-01552-R000414-Bartone,%20Erik,%20Managing%20Partner-Cygnus%20Financial%20Group%20LLC-Supports-TMY.PDF

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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