As concerns over inflation and national debt grow, North Dakota lawmakers are weighing a proposal to invest a portion of the state’s treasury in gold and silver. Supporters argue that precious metals provide a hedge against the weakening dollar, following the lead of other states and global financial shifts. But questions remain—how to securely store the metals, the cost of implementation, and whether this approach best serves taxpayers. With strong opinions on both sides, the debate reflects broader economic anxieties about the future of the U.S. dollar.
Michael Achterling with the North Dakota Monitor has the full story. Bill details are below.
HB 1183
A BILL for an Act to create and enact a new section to chapter 54-11 of the North Dakota Century Code, relating to gold and silver investments; to provide a report; and to provide an effective date.
House Sponsors: D. Johnston (R, District 24), Hendrix (R, District 10), Kasper (R, District 46), Koppelman (R, District 16), S. Olson (R, District 8), D. Ruby (R, District 38), Schauer (R, District 13), Toman (R, District 34), Vetter (R, District 18),
Senate Sponsors: Enget (R, District 2), Paulson (R, District 3), Weston (R, District 15),
