Ken Ivory discusses state-led initiatives on sound money and gold-backed standards

Ken Ivory, Utah State Representative for 39th District
Ken Ivory, Utah State Representative for 39th District
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Ken Ivory, a member of the Utah House of Representatives, used his social media platform on April 7, 2026, to discuss efforts by Utah and other states to promote constitutional sound money options. In his first post, Ivory expressed gratitude for the opportunity to share these initiatives: “Thx to @BenNadelstein & @Monetary_Metals for the oppty to share how Utah, & a host of States, are restoring #Constitutional #SoundMoney options for UT & the USA!” (April 7, 2026).

Later that day, Ivory referenced comments from Dr. Judy Shelton regarding gold-backed currency systems. He quoted her analogy comparing a modern gold standard to digital payment platforms: “A 21st Century Gold Standard is like Venmo with #gold instead of devaluing dollars says Dr @judyshel A return to the constitutional standard for money would give people the choice to preserve the purchasing power of their earnings and savings from persistent federal debasement.” (April 7, 2026).

In a subsequent post, Ivory endorsed Dr. Shelton for Federal Reserve Chair and emphasized support for policies promoting sound money: “I would definitely support Dr @judyshel for Fed Chair ‘and one-two punch in supporting sound money and building a solid foundation for productive economic growth.’ #TransactionalGold” (April 7, 2026).

Utah has been at the forefront among U.S. states in recognizing gold and silver as legal tender and advocating alternatives to fiat currency. These actions align with broader movements among several states seeking monetary policies rooted in precious metals.



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