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Why more states are making gold and silver legal tender -- and stocking up
By Kathrynn Ward
Lear Capital, Los Angeles
Thursday, April 23, 2026
Gold and silver are increasingly being treated as more than commodities. Across the country, more states are moving to recognize precious metals as legal tender or legal money in some form.
At the same time, some states are mimicking the activity of central banks and beginning to accumulate gold as part of reserve structures and rainy day funds. Together those moves demonstrate how precious metals are being taken more seriously as tools for preserving value.
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Hero Bullion: Gold and silver simply delivered
This is a topic that has been discussed for years, but what is different now is that more states are moving from conversation to legislation.
Roughly a dozen states either already treat gold and silver as legal money in some way or have passed laws moving in that direction over the next couple of years. That alone shows this is no longer just an idea. It is becoming a real policy discussion in multiple parts of the country. ...
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