Kevin Freeman returns to Pirate Money Radio with real money solutions

Kevin Freeman: Hey, did you notice the increase in gas prices when the attacks happened in Iran? That was just as inflation was beginning to cool under Trump policies. I look at the February inflation report. it was published 2.4% 12 month inflation rate, but gas prices did rise sharply. if you go to January 20, 2025, Inauguration Day with President Trump, the price per gallon was $3.11 nationally. on February 26th, before we had the conflict in Iran, the price had dropped to under $3, 2 and 98 cents a gallon. But when I looked on March 11, the price was $3.58. The start of the Trump presidency. He did bring gas prices down. and this is recorded in advance. I'm not sure what the price is going to be when this program airs, but we had a 15% jump from his inauguration, to, during the Iran conflict. And in this broadcast and podcast, we're going to take a look at a way that you might be able to protect yourself and your family from higher prices. And my resident expert on taking care of family is my favorite co host, my wife of nearly three decades, mother of our children, the incomparable Martin.

Marnie Freeman: Thank you for having me, Marnie.

Kevin Freeman: You know, we've had Mike on the road a lot, so you've been here, but we get both. I got both of our co hosts. It's a special treat today. Mike's on the road, but he's joining us remotely. And here you are in studio.

Marnie Freeman: I am excited to be on a show with Mike. I've never had that. it's gonna be awesome.

Kevin Freeman: All right, well, welcome. Mike, are you there?

Mike Carter: I am here. I'm back at the Capitol in Georgia, but just got in from Capitol in Tennessee and, exciting things happening in both, states and as well as numerous other states out there. So great to be back on Pirate Money Radio. I've had a little hiatus with all the traveling lately, but we need that deep voice.

Kevin Freeman: The voice.

Marnie Freeman: He's the voice. And by hiatus, he means he's been working his tail end off going around the country. he just hasn't been able to appear on radio.

Kevin Freeman: Yep. Appear on radio. That's fun.

Marnie Freeman: Well, I like, because we appear on podcasts and, you know.

Kevin Freeman: Yeah, exactly.

Rod Martin predicts that if you hold gold and silver, gas prices will drop

So I opened the show talking about inflation, which was headed way down. Under Trump. Under Trump, originally, when Biden took office, we had an average 1.4% inflation rate. It peaked at 9.1%. Under President Biden, it got back down to 2.4%. And then Iran and gas prices soared from under $3 nationally to $3.58 a gallon just two weeks later. That can hit your budget pretty hard.

Marnie Freeman: But in our last show, Rod says that we are going to. Rod Martin says that we are going to see a huge savings in the next 18 months.

Kevin Freeman: Yes.

Marnie Freeman: So this is gonna be good in the long run.

Kevin Freeman: Iran comes back online and Venezuela comes online. And under, good governments. Yeah. No, the gas prices he predicts will come markedly down. But I noted that if you'd held your money in gold and silver, starting with Trump's inauguration, actually, the price of gas is down substantially. In fact, January 20, 2025, the day Donald Trump took office, again, price per gallon was $3. The cost per 15 gallon tank was 46.65. In gold ounces equivalent, that was.0172 ounces. In silver, it was 1.53 ounces. Now fast forward to right in the height of it, when gas prices were spiking, price per gallon was $3.58. A 15 gallon tank cost $53.70. But in gold.0104 ounces, down from 0.0172.

Marnie Freeman: Be a head.

Kevin Freeman: Yep. And in silver, what was the price? Ounces of silver, 0.625 oz. In silver. Term, it took about 1 1/2 ounces to fill your 15 gallon tank when Trump took office. Now, as we're recording this, it takes just 5, 8 of an ounce. That sounds good on paper, or maybe it sounds on radio, but is it practical? Marnie, have you ever lugged a gold or silver coin, into the gas station?

Marnie Freeman: No, because I cannot divide it up like I need to, and I'm not giving them one tiny bit more money than is necessary.

Kevin Freeman: So you can't pay for your, 15 gallons of gas in gold or silver. But Mike, is it possible? Can you do it?

Mike Carter: Yeah, you can't easily do it with coins, but you can certainly do it with bullion and with new technology today that, makes it easy to spend gold and silver. Anyone? That takes a MasterCard. And that's the beautiful part of what we're seeing across the country now, what we're seeing here in Georgia and Tennessee, where I was just at Republicans, and Democrats coming together and saying this is a big idea. And especially even just, had some great meetings with some Democrats here in Georgia this morning who said this makes sense. the average person that we represent doesn't have more than $400 in savings. But now they can start to save money. They could have an hard asset that stores value out there, and they've got another way to pay, because it's very hard. If you got that little coin or whatever and you want to spend it, that's not a convenient process to go through right now. You don't have to go to a dealer, get it assayed and determine if it's real, come up with a price, then spend it. Not practical, not going to happen. In fact, I was talking with a Republican congressman, who's got gold in the safe, and he's like, you know, I think we're going to go ahead and I'm going to spend some of that because it's gone up so much. And he's walking to the safe, he's like, ah, it's too much work. I mean, I don't want to sell the whole bar. I just want to sell part of the bar. I got to go through all this. I'll just leave it there. So it sits there. And what we have today is the technology, to improve the velocity of money, but specifically improve the velocity of gold and silver, getting it back into the system. and that's what's so exciting, with this movement and legislators seen it across the country.

Kevin Freeman: Yeah, well, support for this program comes from Glint. They heard about what we're doing, they read the book Pirate Money, and, they decided, hey, we want to support. So, it's a financial technology service offering a debit card and a mobile app that enables users to access gold holdings for everyday purchases. With Glint, users maintain ownership of allocated physical gold, which is stored in a managed vault. At the time of a transaction, gold is sold in real time to cover the purchase amount in local currency. Glint offers an alternative way to store value and use the value. Combining gold and silver with modern payment infrastructure, Glint clients can monitor their gold balance, view transaction history, and manage their account through the Glint app, available on major mobile platforms. More details about how vaulted physical gold can be used as money are [email protected] Gold247 Again, that's glintpay.com Gold247. Glint is providing access to gold for modern spending. And Marnie, you've seen it work.

Marnie Freeman: Oh, my gosh, it's amazing. It's exciting and I love that it's optional, but it allows everyone across the board to participate in gold and silver. And I mean, yeah, you just go online. As in the case of Glint, because I use that and I know what it's all about. So go on, Glint. Put in a penny or a million dollars, whatever you can afford, whatever your circumstances allow. And they will convert that into gold. They will literally hold it for you and they'll give you a debit card or an app. And then you can go in the grocery store, you can go, buy gas, pay, buy coffee, whatever, whatever you want. Or you can hold it and just let it grow.

Mike Carter warns people about gold and silver tax rules

Kevin Freeman: But there's a small catch. Gold or silver held by Glent or any of these, products, it's not money per se, it's not legal tender. It's literally identified as a collectible by the Internal Revenue Service. And I've got VIP Wealth Advisor warning people, gold and silver tax rules. The 28% trap investors miss. And they say if an asset's considered a collectible and held longer than one year, long term capital gains are taxed in maximum federal rate of 28%. Not the standard 15 or 20% long term capital gains rate that applies to stocks and ETFs. Short term gains are taxed as ordinary income. And what that means, if you bought a tank of gas with gold that you acquired at the start of the Trump presidency, in addition to the gold you have to pay, you also owe a 28% tax on the gains. And I use the example of a 15 gallon tank, guess what? If you paid for it in gold that you acquired at the start of the Trump presidency, you'd owe $7 in federal tax to pay for that gas tank. I'm not kidding. Yes, you would have made money in your gold, but 28% of your profit would be taxed away. Fortunately, the Constitution comes up to the rescue. And I'm not giving tax advice by the way, but under IRS rules, as a plain reading would suggest, gold and silver declared legal tender and functioning as real money and not a collectible might be treated differently. And based on the Pirate Money book and our team's efforts, five states are about to find out. Arkansas, Florida, Louisiana, Texas, Missouri, and now Utah. Those states have 5.5 trillion in combined GDP, larger than any single nation on Earth, except the US as a whole and China. And this is all Based on Article 1, Section 10. Mike, tell us what the legislators, when you open their eyes to what Article 1, Section 10, what do they feel? Do they want to help their, constituents, or do they say, no, I don't want to do that?

Mike Carter: We're certainly seeing the interest and the enthusiasm like that across the country. I think. But what really stands out is what you just point out there, this capital gains tax. Now, we can't predict the future. We don't know exactly what's going to happen. But we've talked to people, in treasury, we've talked to people within the administration. We don't know where it's going to go. But people say, well, if I can already do this privately, why do I need this to be a state law? Why does the state need to be involved at all? Well, there's lots of reasons for that, some that we can get into a little bit after the break, but one of those specifically is for it to be legal tender recognized by the state that sets up the laws to make it very easy for this to be functional. Currency, I could spend gold and silver. I can spend dollars. Either one can be accepted at retail. This way it's done electronically. but that really sets up the case for no capital gains taxed out that 28% margin. You don't tax inflation, you don't tax money. This is one of the key reasons why it's important for the states to be moving forward. The legislation they're doing now.

Kevin Freeman: Well, with this legislation, it will be almost impossible for the IRS to say, ah, it's just a collectible, gold and silver, because it's not a collectible, it is something very different. And we've got a strong case that we can make. But that's only one reason that we need state laws. Article 1, section 10. Money is gold and silver. We'll be right back after the break.

Six states have passed legislation to make gold and silver useful money again

Mike Carter: Welcome back to Pirate Money Radio with your host, Kevan Freeman.

Kevin Freeman: Yeah, Marnie and I are speaking with Mike Carter about states offering people the choice to use gold and silver as money. Before the break, we explained one of the three main reasons why, which was taxes. And I use an example, if I'd been smart enough to buy gold at the beginning of the Trump presidency, the gold presidency, then I went to use that gold to pay for a tank of gas. I would owe $7 per tank just in capital gains taxes. So I fill my gas tank up and I put a five and two ones aside so that when I end up paying my taxes, I've got to have that money aside. Every time you spend it, you have to set aside a certain amount of money or you'll get hit with a tax bill that you're not prepared for. That's one of the main reasons. now, look, we're not giving tax advice. Our example happens to be in a period where Gold prices have gone up substantially. It's not normal. And gold can go down, at least in the short run. So we're not giving tax advice. And our example is in a time of appreciating gold prices. But it's safe to say that almost everyone would have liked to have had at least some of their money in gold two years ago and held it today. We've gone on to explain how it's now practical with modern technology and payment system. And six states have passed legislation to make gold and silver useful money again under a constitutional provision. There are other states looking to adopt similar laws, and our big first states are moving forward.

Two big states, Florida and Texas, moving forward on transactional gold

Mike, can you give us an update on the two big states, Florida and Texas?

Mike Carter: Yeah, exciting news in Florida. It's officially moved, the way Florida works. We had House Bill 999, which passed unanimously, in the House and the Senate. but then the way Florida works is they authorize rules to be set up to say, all right, now we've passed this, how are we going to implement it? What does that look like? that goes to the Office of Financial Regulation and other different departments within Florida that breaks out the rules. And then the Senate and House come back and they vote on that to say, okay, we accept these rules, and now it officially becomes law. If that rules were not accepted, it would be sunset and it goes away. And the exciting news is last week, that was accepted. It's on its way for final signature by Governor DeSantis. And, Florida is on their way to making this a reality. it goes effective July of this year. so probably one of the first states to start implementing this. and a very exciting time for Floridians, very exciting time for all of America as we see Florida moving forward. And now Texas next, in line, working through right now. We've passed that bill, House Bill 1056. we've got, RFI that the Comptroller is putting out. They're trying to understand, okay, what does this look like? How do we implement it? and soon there'll be a request for proposal for private vendors to come in and say, hey, we'd like to be part of the system. how do we qualify? What does that look like? that's all in place. Texas, we will see. We've got an acting comptroller now. We've got a potential new comptroller coming, in November. We'll see what happens in the election. There's, between huffines who won a big election just this last week, yeah,

Kevin Freeman: he had two major competitors and he won more than 50%, no runoff required. And he self funded. I mean here he is in Texas Tribune, the self funding tea party activist who won the GOP Texas Comptroller primary. Now he's the only one, well we knew Senator Hancock, acting Controller, I've never met the other competitor in that race, Krish Aristocratic, but he's been very supportive. He's come out to Liberty Hearts, said teach me how this works. He's a good guy and really wanted to understand it and wants to implement it. By the way, September 1, 2026, legal recognition of gold and silver coins as legal tender becomes effective. That's a big date. And then Mike, when's the next date? When we have the comptroller in place and all the rules. When does the broader act become effective?

Mike Carter: in Texas, I think effective May of next year. But that doesn't mean it can't happen before that. in fact, Kelly Hancock, the acting comptroller, now is getting calls from other states saying how does this work, what does this look like? Treasurers, and so forth trying to get information. And I've heard from those ah, at the Capitol that Comptroller Hancock and said, you know, we need a lead on this, we need to step up and do it. So excited to have support I've heard from him, as well as huffines as he potentially becomes the next comptroller. But Texas is poised for success. Texas already has a bullion depository built, and we've seen millions of Texans say we want this, we want transactional gold. So two big states, major states, Florida I think the 11th largest economy, of the US our 11th largest economy in the world, Texas 7th or 8th. and they're saying hey, but makes sense to give people choice. Let's have a rainy day fun for everyone.

Kevin Freeman: If you want to learn more, [email protected] we're going to hang over for another segment covering the new states that will be adopting pirate money right after this break.

Mike Carter: Pirate Money Radio helping you give, spend and invest in ways that align with liberty, security and values.

Kevin Freeman: We've had lots of progress so far in 2026

Welcome back with your host Kevan Freeman

Kevin Freeman: and Marnie Freeman and Mike Carter. The gang's all here and we're talking about using gold and silver as money again. We've had lots of progress so far in 2026 after five big wins last year. And Mike is joining us remotely from Georgia and we've got Marnie. I just want to Mention here. Let's do a shout out to our friend. A couple of years ago, you said, we need to bring our friend Lori onto the prayer calls and get her. And she got so excited about this. She's been going around the country, and really doing incredible work.

Marnie Freeman: She's doing incredible. I felt led of the Lord to invite her on our strategic goal calls when we were first trying to get this out. And she has a, background in policy at the dod, so, I mean, she's perfect for this.

Kevin Freeman: Yeah, no, it's now the Department of War, and, man, is she a great warrior.

Marnie Freeman: She's amazing.

Kevin Freeman: Mike, you've been working with her in a lot of different states. Give us an update, and a shout out for Lori for the great work.

Mike Carter: She couldn't have a better teammate than Lori going through it. Because every legislator, likes this idea. Then they go to, their, bill writers and drafters, and we'll give them model legislation. We have model legislation that was approved by ALEC. You know, it was this last summer. We had 5, 600 legislators from across the country looking at what are the key drivers, that we want, they think are important, to our citizens, that we think are important to address on a more macro level. and the American Legislative Exchange Council, approved the model legislation that we're now working across all these states. and you know what's interesting, though, is you have the model legislation, but you give it to each state, and each bill drafter says, no, we need to change it different here. We have different codes here. And so often you get the legislation back, and it's like, well, that's completely different than what the original intent was. Lori's been phenomenal at going through and saying, oh, these are here for these reasons. This is what's important here. And, you know, the legislative process is not always, clean and neat. Sometimes you get, you get 80% of what the intent was, and you say, okay, we can work with that. but Lori is getting us as close to 100% as we can in terms of model legislation that makes sense. That's functional, that's constitutional. and, that's where we're seeing the success that we are out there.

Kevin Freeman: Can you break down some of the states where we're active now?

Mike Carter: Let's just look at what happened in Utah. Utah just passed the House and the Senate. great work by Representative Ken Ivory there, Treasurer Marlow Oaks. but they've kind of tweaked theirs a little bit in that they're allowing, the state to be able to pay vendors in gold. And that sets standing up for some of the things we talked about in that previous segment. Kevan, of if you're able to pay your employees, if you're able to pay taxes, you're able to do these things. It is functional currency, and once we get that functional currency or functional money, piece out there, that constitutional money, the chances of getting rid of that capital gains tax, continue to go up out there. So they're moving some big ideas there in Utah. they've been, leaders at getting gold and silver legal tender all the way back to 2011. Kevan, I think you were on the initial panel for that, when that happened. but, great to see Utah continuing to lead and, a state that's really committed to economic freedom.

Kevin Freeman: How about Georgia, where you are now?

Mike Carter: I'm in Georgia right now. And I can tell you what's happening here has been absolutely amazing. the bipartisan support that's coming together. I'm having great conversations with our Democratic friends who understand what this really is about, how it is about economic justice. This isn't giving everybody a chance for equal weights and measures. they understand the Cantillon effect and what's taking place and say, hey, we want to be a part of this. And even while there's some that might not completely understand it, some caucuses, others are saying, you know what? This makes so much sense. I'm breaking away because this is that important.

Kevin Freeman: All right, Georgia, you got some USA Today coverage, which is kind of cool. USA Today. Want to protect yourself from inflation. Just buy gold. Georgia, Bill says, and that's awesome. Name. Name the other states. We just got a minute. So rapid fire.

Mike Carter: Kansas. There's great work happening there. Still on the transactional side, Minnesota. I mean, one of the things that comes up is, why aren't there more blue states? Well, we've got legislation moving forward in Minnesota right now, and, it's cold in Minnesota. I can't guarantee it's going to pass this year. But the fact that they're having that dialogue in a blue state like Minnesota just shows how important this bipartisan opportunity is, and what's really happening across the country out there.

Kevin Freeman: And you had a committee win in Tennessee. Go ahead.

Mike Carter: Yeah, Tennessee. We've had some big wins in Tennessee. Arizona. We passed the Senate, the House. We were within one vote of getting it done. We had a governor. It's going to be a little Difficult there, but we are queued up as we go on to next year on that one. really too many states to list with the time we have here. But this is a movement that's happening across America. It's a big idea. It's exciting to see what God is doing.

Kevin Freeman: All right. Amazingly, there's been some strange opposition that's emerged which we're going to have to cover when we come back right after the break. We've got to win this, though. It's important for America. We'll be right back.

Kevin Freeman: Who in the world would be against giving people a choice

Mike Carter: Welcome to Pirate Money Radio with your host, Kevan Freeman, helping you unpack the economic headlines and providing real money solutions.

Kevin Freeman: Yeah, and I'm joined by Marnie and Mike. And I just want to ask Marnie, who in the world would be against giving people a choice in money, especially when that choice is a historical store of value and specifically authorized under the U.S. constitution.

Marnie Freeman: And also, I might add, it's biblical. God says in his word that gold and silver and copper are money. I would say we've seen them come out. Bankers, gold dealers.

Kevin Freeman: Right, Gold dealers. That's amazing. some liberal groups, but also some conservative groups. It's very weird. And the World Economic Forum types who are planning on building a central bank digital currency. Mike, what are the arguments that they're using?

Mike Carter: those in the gold dealer. Well, you know, this is, ah, a state government boondoggle. they tend to take, things completely out of context for a narrative that they're trying to do. But, you know, the concerning part is they don't really speak truth. And that's not concerning. But I just hate to see, constituents and consumers, being misled out there. You know, we'll see, them say the government's going to take over your gold. this is going to be a central bank digital currency. and we see legislators get calls from unknowing people who get these fear letters that say, the government's going to take my wedding ring. Please don't pass this bill. That's not at all what this legislation is.

Kevin Freeman: These letters are coming from largely from gold dealers sometimes pretending to be an industry group. you know, and some gold dealers love what we're doing, some gold dealers don't like it. I've noticed.

Marnie Freeman: Just, well, even some bankers love what we're doing and some do not.

Kevin Freeman: That's correct, because they see it as a threat to their business. And that's the key. And you can correlate those who oppose this the loudest or those who have big profit margins in their, in their gold business or they're worried that their banking business is going to go away. I pulled up one of the trust pilot scores for one of the people who was out criticized, and it's like, who are these people? Why are they criticizing? Why are they sending letters into the legislature? I pull it up and they're Trust pilot reviews, 206 reviews. Not a small number. To their credit, 41% were five star, but 50% were one star. And did you, did you have that?

Mike Carter: So go back to that, Kevan fit. Over 50%. I think it was one over 51%. I think one star. There we are.

Kevin Freeman: 50%, one star. Can you read one of those, Marnie, read, Leave the name out. We don't want to disparage anybody by name, but just give an example.

Marnie Freeman: so do not deal with this company. My husband called to get a price for selling his gold. They told him he needs to send it registered mail and insured. If it gets lost, we would have to wait for our money and insurance checked on mailing, decided against it. Now they're trying to bill us for the amount and it's just a mess for this customer and the next customer. I ordered $50 face value in silver quarters. When I received the order three weeks later, they shorted me five quarters at a loss of $75 in silver value. Notified them, and was told to take a photo and email them. So now the wait game begins. I will never do business with this company again.

Kevin Freeman: All right, these may be isolated examples, but they do make you wonder why this company might be fighting so hard against something so simple. And half their reviews are one star. How would you address those two complaints? How would they have happened with transactional gold and silver under state authority? What would have happened there?

Mike Carter: Again, what we're doing here is setting up the safety rails so that private businesses can be free to compete, to drive costs down, to make gold money again. And, it's the role of government, limited role governments in the constitution that states can have their own legal tender. It's also backed by gold silver. But if you want gold to be money, if you want silver to be money, you've got to have some controls in place. If I'm a retailer and you came up to me and said, okay, here's my gold card, pay, me, I'm going to just trust me. The gold is pure and real, I'm not going to take that. I don't know where it came from. I don't know who's Monitoring that. I mean how do I know I'm not going to get scammed completely, by the states being involved, setting up the safety rails for the consumer, helping them understand that the gold is real, that the purity is consistent and that it's stored in a safe place and hoping the retailers that say hey, I might take it in dollars, that's what's happening today with the fintech apps that are out there. but there's some retailers say I'd actually take that in gold. I'd happily take in gold. Or we're seeing Utah saying we're going to start to pay people in gold vendors in gold. If you want to do that. Well, you've got to know that if I'm taking that gold, it's not grandma's gold plated necklace that I'm getting in return. It's, it's LBMA standard or COMEX standard, 99.5% purity. and that it's legit. and when you make gold as money, that's what we're talking about doing here. There's no government overreach, no government boondoggle. And those that are trying to do that just want to have investment gold, that just want to have gold on the set aside that I'm going to hold on to. I might sell it at certain times, but I'm not using it as money. That business stays completely the way that it is. the government's not going to be auditing that, looking into any of that. But if you want to have that gold, be someone act as a third party to say, hey, take my gold and go buy it for me to go get this pickup truck. Well now there needs to be some new rules, some anti money laundering, some things to say, okay, this is real, it's legit. That's the role of government, that's the role of legislators here.

Kevin Freeman: Well, you don't want terrorists using this to hide money or whatever. So you have to actually have some rules associated with it. But here's the example. Do not deal with this company. My husband called to get a price for selling his gold coin. That doesn't happen here. You get an instantaneous price of what your gold is worth. You have it on an app that you can use it and see, you can't spend as money a gold coin that you don't even know what the price and you have to mail it in by registered mail. And if it gets lost, you have to collect the entrance. That's not money.

Marnie Freeman: Let's just Remind ourselves that's a collectible. Everybody can participate. This last everyone to participate. And it is optional. You do not have to if you don't want to.

Kevin Freeman: And if you buy order $50 face value of silver quarters, you don't get shorted here. You know what you're getting. And you've got rules, guardrails to protect the customer. And that is a part of the trust that is necessary for a system to work. It has to work at the speed of society. All right, those may be isolated examples, but are these gold companies misunderstanding? Are they willing to listen? We did reach out to this one particular company, but what did they say?

Mike Carter: No, no, they weren't interested in talking. They didn't want to have a conversation about, hey, let's look at how we can tweak, how we make sure this is a win win. I'm sure we all believe in economic liberty. No, it was, no, I'm not interested in talking. Instead, they want to create their own narrative and use that narrative in a way to unfortunately mislead cultural customers. And if that's the case now, is that really, who you want to be buying your gold and silver from? I don't know. So absolutely it isn't. so those are some of the potential issues out there with some gold dealers, but not all of them because there are very legitimate gold dealers that see this, they see as an opportunity to expand the category to make it bigger. you know, as I buy gold on like a glint platform, I also say I want to have some physical at home as well. And I'm looking for those that I trust that I can make sure that I can buy that. And I know I'm going to get a fair deal on that. this is going to increase the category because people understand that gold holds its value, silver holds its value better. and instead of a household penetration of maybe 4 to 10% upon how you look at that and categorize this, I think you're going to see a household penetration of people buying gold. And now that I can spend it, now that it's money, now that I got a way to set up my own rainy day fund, I think you're going to see those numbers increase dramatically. This category could be 30, 40% of households, maybe more, as three reasons we

Kevin Freeman: need a state to be involved. The first one is trust. The second one is taxes. We've already covered that. The third one, which is a big thing, is taking, on May 1, 1933, under executive order FDR literally confiscated everybody's gold. And here are state laws would prevent that because it would be legal tender under state authority, and they could not be taking it, without the state, cooperating. This is a way states can protect their customers. Now, here's another objection that we had. it's a strange one. Some have claimed falsely that this is programmable money or form of cbdc. That's laughable. It's the exact opposite of what we intended. It's why we created this to avoid that. Listen up, friends. We are not promoting programmable money, period. in fact, we added provisions to deny that in the model legislation. Some states adopt it, some may reject it, but in the model, we're saying, this is not cbdc. This is not programmable money. It's not subject to that kind of taking. And the experts, if you've read Justin Haskins, he's Glenn Beck's co author on a lot of books. He wrote the Next Big Crash, experts like Justin Haskins, Glenn Beck, Alex Newman, I want to read from his solutions sections titled Transactional Gold. He said, here's the big problem for state lawmakers seeking to protect their citizens from a future programmable cbdc. The federal government has the exclusive authority under the US Constitution to regulate money, basically meaning they can create programmable money if they want, and a state cannot stop the Fed from doing it. However, while states cannot block Congress from creating a cbdc, they do have some power to mitigate the misuse of a cbdc. That's where something called transactional gold comes in. Transactional gold is a proposal for states to recognize gold as legal tender and to create the infrastructure needed for consumers to conduct transactions quickly and efficiently. He goes on and says, you know Freeman's team and the book Pirate Money, he references. He said, these efforts, what you're doing, Mike, represent the beginning of a pushback against the looming threat of CBDC and fiat dependency. States do indeed have tools to fight back. Mike, you are not promoting programmable money. You're opposing it. And I'm so proud of the work that you and Lori are doing to make this reality. Marnie and the entire team is making this as the best weapon to fight central bank digital currency. Don't tell us we promote programmable money. We're fighting it, and we've got the receipts to prove it. We'll be right back.

Mike Carter: Foreign.

Kevin Freeman: Pirate Money is a way to stop central bank digital currency

Mike Carter: welcome back to Pirate Money Radio with your host, Kevan Freeman.

Kevin Freeman: Yeah, I'm joined by Marnie Freeman and Mike Carter. We're talking about Pirate Money, transactional Gold, and silver. We're talking about using it in the States. Some people have claimed we're creating a central bank digital currency at the state level. That's nonsense. What we're doing is going back to Article 1, Section 10 of the Constitution, which gives a state a right. It is the way to stop central bank digital currency, not a cause of it. but the question is, why do we need it? Marnie, what are some of the reasons you think we might need?

Marnie Freeman: Well, I think one of the biggest ones is inflation. Inflation. It'll protect and hedge against that to some degree. the dollar is at some risk going forward. Innovation is using historical precedent of 6,000 years. Gold, silver, and a little bit of copper.

Kevin Freeman: Right. Which is like the Olympics. You win a gold, silver, or bronze, which is copper, metal.

Marnie Freeman: Yep. Right. And it's popular.

Kevin Freeman: What do you mean by it's popular?

Marnie Freeman: Well, I mean, people want to participate. It allows everyone. And by everyone, I mean everyone. It allows everyone the opportunity to participate.

Kevin Freeman: But, Mike, we did a proposition in Texas a couple of years ago. What were the results? It says the Texas legislature should establish authority within the comptroller's office to administer access to gold and silver through the Texas Bullion Depository for use as legal tender. That was Proposition 7. How did it turn out?

Mike Carter: Yeah, it was phenomenon. 1.6 million people said they wanted it. More and more people, when they see this, their eyes light up. They're like, how do I get this? this is a big idea for today. I'm talking to chiefs of staff. I'm talking to interns here at the capital. they see their money's not going as far as it used to, and they understand what this is about. And now you can actually spend gold and silver. I can have savings that's keeping up with the money printing, but I can spend it if I need to spend it. It's a big idea. People want it. We hear from some, on the gold industry. Well, Gresham's law, Nobody wants to spend their gold and silver. They're caught in the buggy whip days of. This is the way it's always been. Payment systems are changing. this is the big idea that says, how do you make gold and silver truly, legal tender, constitutional currency? The technology exists to do it, and I'm just amazed that it's in the Constitution to do it. And we have the technology to do it today.

Kevin Freeman: And nearly 8 in 10 voters. Nearly 8 in 10. You don't win things like that. 76 and a half percent in an election is a massive landslide. They say we want this. but one of the governors in the great state of Florida, actually, Governor Ron DeSantis, he published something about financial sovereignty. Can you comment on that?

Mike Carter: Mike, can you put that. Do we have that screen? Yeah, let's look at that. I mean, because he's not leading from behind on this. He did a full press conference. Kevan Hughes spoke at that. He gave us the signing pen. but on the podium it said, when this was passed unanimously, that if you care about debanking, if you care about central bank digital currency, Florida is the free state. Financial sovereignty is here. And if you read that, we've put, an end to woke banks denying or canceling financial services. For Floridians who hold different political opinions, we've led the fight nationally against central digital bank currencies. CBDCs, again, proof is in the. We've got the proof of this. we passed legislation to protect our farmlands from being bought by Chinese Communist Party. In its interest, we've led the nation protecting state investment assets from environmental, social governments. This is one of the key platform ideas that keeps Florida free. It's one of the key platform ideas that's going to keep other states free. And we're seeing Republicans and Democrats come together to help make this a possibility.

Pirate Money Radio is promoting state-based digital currency

Kevin Freeman: Okay, so there are people who've questioned this and, oh, you're creating programmable money. Well, prove it to me. Show it to me. I'm showing to you right here. Listen up, you naysayers, you people who have really been misled. I want to tell you the truth. This is against central bank digital currency. You can read the book. I have a whole chapter on why this beats central bank digital currency. Governor Ron DeSantis said the same thing. It's also in Justin Haskins book. We are really standing against that risk. Is it going to happen under the Trump administration? I don't know if CBDC will happen anytime soon in America, but if it does, the states have a way to fight back, and that's financial sovereignty. Marnie, you talk to people all the time. Aren't they excited about this?

Marnie Freeman: They're excited about it. And like I said, well, like you said, it's popular. It's very popular. It's exciting. And people can do one penny to one million. They can all participate without the clunkiness of trying to go trade in a gold coin or trade in a necklace or whatever they need. it's easy access. And if they need out of it, they can get out of it easily. Instead of going to the pawn shop to try pawn off their gold because they need to buy tennis shoes or buy a new car, replace tires, whatever.

Kevin Freeman: I remember my parents looking at the sterling silver and said, what are we going to do? Inflation's crazy. Are we going to melt it down? Are we going to sell it? What are we going to do? They needed the ability to transact in it. If you don't have that rainy day ability, you may get stuck with inflation. Families are looking how do we survive high gas prices and everything else transactional. Gold and silver at state level is the answer. We'll cover this and more right after this break.

Mike Carter: Pirate Money Radio, helping you give, spend and invest in ways that align with liberty, security and values.

Kevin Freeman: Transactional gold and silver is being implemented in five states

Welcome back with your host, Kevan Freeman.

Kevin Freeman: Yeah, we've covered so much, in this broadcast with Marnie and so glad you're here and with Mike, I've got both co hosts at the same time, one remote and one in studio. And Mike, I gotta tell you, if I have one in studio, it's gonna be Marnie, just so I can be near her. But so glad to have you, joining us. We're talking about if you're in five states now, passing in Utah as well, but five states it's being implemented in Texas and Florida and Arkansas and Louisiana and Missouri. this is a chance for you to use gold and silver's money again. It's a game changer and it's no more difficult than adding Zelle or Venmo or PayPal or Cash App to your phone. It's like a Robin Hood for gold where you, might not be able to afford it. A full share of Apple stocks or with Robinhood you can buy $5 worth of Apple stock. Here you can buy 5 or 10 or $20 worth of gold or silver. Right.

Marnie Freeman: Can I also clarify that if, let's just say your state doesn't pass it for a while, you can use another state's card, and account.

Kevin Freeman: Oh yeah, I've got credit cards out of Utah and out of Michigan and out of Nebraska that I've got. So. Yes, but you want your state to have this card.

Marnie Freeman: Absolutely. Let's work on all the states because

Kevin Freeman: you want to have the gold accessible to you. I mean, im, Imagine this, you've got a gold and silver account and you decide, you know what, I'd like to actually have that gold and silver at home. You want to have the ability to go to your state and get it from the Depository, maybe they ship it to you or whatever, but you want to be able to have it under your state's control because that's, you vote in the people in your state and you have a say there. But if you might be in California and you don't like Governor Newsom, for example, you might choose the Arkansas because you like Governor Sanders, you might choose the Army Arkansas card. So we're working in as many states as possible. You can, learn [email protected] and Mike, your work in all these states, tell us, what do you think is going to happen a year from now with transactional gold and silver? Where do you see, promising opportunities?

Mike Carter: Well, I don't know if I want to get into specific states because there's promising and so many of them right now. But a year from now we will be, ah, through the implementation stage and as soon as the word gets out and you start to see, you just start to compare the customer satisfaction scores on some of these fintech apps, and how it removes the friction and how easy it is to buy gold and to sell gold, how easy it is to make gold money again. And you compare that to some of those reviews we saw with one particular gold dealer out there where they're ripping me off, they're not getting me in my appraisal value and everything else. That's where this catches on and becomes a viral the next PayPal, the next something else that's out there. And there's going to be multiple vendors competing within the system. So it's going to be exciting to see where that goes. but as states prove this out, you're going to see more and more states say, hey, that makes sense. I want to have it here for my constituents. And more and more constituents are going to be calling up their legislators saying, hey, I want this.

Kevin Freeman: Do you remember what Governor DeSantis, said when I saw him at Liberty University? The two states he said we had to get.

Mike Carter: Yeah. If Texas and Florida does this, nobody can stop it. And we've got Texas and Florida. They're both in implementation stages now. that's playing up as even as we hit these other states, they're looking at what these states are doing. this is no longer a one off idea. This is a movement. this is something, that's getting traction across the country. That's an exciting place to be. I mean the fact that we got alec, the American Legislative Exchange Council to build model legislation around this and nacl,

Kevin Freeman: national association of Christian Lawmakers, multiple organizations,

Mike Carter: and the pro family legislative network, legislators that have come around and rallied behind this and say, this is a big deal. We need to do this for our state. We try what we can to support these legislators as well. If there's a legislator hears this or, you know, a legislator in your state, reach out to them, say, hey, if you don't have it yet, why don't we get this? This is something you should get behind. Look what these other states are doing. But we provide the tools, we provide explanations. We care about economic liberty, we care about economic freedom. We're not. We're platform agnostic. but we see what's coming geopolitically, we see the threats out there, and this is one of the key solutions that we want all Americans to have easy access to.

Kevin Freeman: Yeah, and I want to give a shout out to Jason Raipert of nacl. He's been a friend, and supporter from early on. and he's a great guy and NACL is a great organization.

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All right. We're talking about money. And there are only three things you can do with your money. You can give it, spend it, or invest it. Here at Pirate Money Radio, we work to explain solutions that support all three areas in a way that promotes liberty, security and values. Patriot Mobile, it's a mobile phone company, supports the Pirate Money radio program. Patriot Mobile uses US carriers including AT&T, Verizon and T Mobile, and operates on both Apple and Android phones. More information about the economic war room Patriot Mobile or is available at piratemoneyradio.com afr that's piratemoneyradio.com afrr wow, that hour flew by. For those following on Richard Life and other networks, we're going to sign off, but we're going to stay tuned. For those on afr, another opportunity to hear from the great Mike Carter and Marty Freeman.

Kevin Freeman and Mike Carter talk transactional gold on Pirate Money Radio

Mike Carter: welcome back to Pirate Money Radio with your host, Kevan Freeman.

Kevin Freeman: I'm joined by Marnie Freeman and Mike Carter and we're talking transactional gold. You can learn [email protected] you can even look at a map and see if your state is considering this. And it gives you an opportunity to contact us and let us know what you think. If you want it in your state, if you want a connection with the legislature or get an update or whatever, you can do that [email protected] and I want to give a final shout out to our friend Lori Bolton, who is doing such amazing work, she deserves the show shout out. Okay, Mrs. Freeman, what do you think? How is it going?

Marnie Freeman: Oh, well, with the gold. I mean, this is, I am so excited to be able to see this pass and be able to give everyone the opportunity to do this. It's just, it's biblical and my heart really is into this.

Kevin Freeman: Yeah, no, it's a biblical worldview approach. And Mike, what about you? What gives you hope in what we're doing?

Mike Carter: You know, I think just seeing what happens. Kevan. We're all working hard, in, it's 247 literally, and travel, consistent travel and, you know, meeting after meeting. And it takes a lot to get legislation passed. But you see the success that we're having out there.

Kevin Freeman: Bipartisan.

Mike Carter: Yeah, yeah, bipartisan. and that really makes it fun. And you see that you're giving people economic freedom, economic hope. But the reality of this passing with the small team that we have is bigger than us. And so what gives me hope is the fact that, that we're working as hard as we can to run the good race. but we're seeing that God's in control and he's opening up doors and there's going to be a movie and a book out of this. I'm sure, Russell's already thinking along those lines, about the miracles that are taking place and what's happening as part of this thing. And that gives me great hope. So, Philippians 4:19. I can do all things through Christ who strengthens me. It's taken that because it's been non stop, 247 meetings and travel. but we know that he's ultimately in control and moving the needle on this.

Marnie Freeman: Dad and Marnie, it has been running a race. It's a marathon. It's not over, but it's going to be beautiful when we can get across that finish line in a lot of states. And like Mike said, it's doing what God has asked us to do and honoring God in that I believe this is his project.

Kevin Freeman: We need your prayers, audience. We need your help. there's nothing greater than to know that the prayer of God's people, is supporting the efforts that you're doing. We want to be aligned with God's purpose and in his pleasure doing this. But it is God's money. God hates dishonest weights and measures. He loves honest weights and measures. He loves it when you care for those that are less fortunate. And this is a way that we can care for people less fortunate than we are. If you have questions, if you have prayer needs, if you have comments, you need to email us at. That's afrairatemoneyradio.com we take every one of the. We get a number of them. We take every one of them seriously. We take, the prayer needs seriously as well. And I'd like to ask you, pray for America. Pray for the world to return to God's principles in 2026, and let's follow biblical wisdom with our money. I mean, Luke 16:11 says, if you're not faithful with your unrighteous mammon, no one will trust you with true riches. We want a beautiful future and hope for America another 250 years. And we're coming up on our 250th birthday. Listen, wherever you get your podcasts, that could be Apple, it could be Spotify, whatever. Share this with your friends. Get as many people listening as possible. Check us out at dub, @PirateMoneyRadio.com this is Kevan and Marnie Freeman, joined this week by our own Mike Carter for Pirate Money Radio. Mike, thanks for being here. Marnie, thanks for being here. Pirate Money radio

Gas prices spiked amid geopolitical turmoil, but gold- and silver-backed spending via modern fintech is giving families a practical hedge and new payment choice. Kevin and Marnie Freeman, with Mike Carter, explain how states like Florida, Texas, Arkansas, Louisiana, Missouri, and Utah are advancing legal frameworks to recognize gold and silver as usable money. They outline the tax, trust, and sovereignty benefits of “transactional gold,” why it’s not a CBDC, and how bipartisan momentum is growing nationwide. Learn how state-level legal tender initiatives, vaulting, and debit-card technology can turn stored value into everyday purchases while protecting financial freedom.