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Discussion Forum : News and Current Events : Gold, silver coins to be legal currency in Utah

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Joined: 2002/12/11
Posts: 37636
"Pilgrim and Sojourner." - 1 Peter 2:11

 Gold, silver coins to be legal currency in Utah

Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being "as good as gold."
To make that point, they've turned it around, and made gold as good as cash. Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes.

Craig Franco hopes to cash in on it with his Utah Gold and Silver Depository, and he thinks others will soon follow. ...

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SI Moderator - Greg Gordon

 2011/5/23 11:01Profile

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