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FRONT PAGE  |  6/26/2016
MONDAY, MAY 23, 2011  |  4 comments
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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· Page 1 ·  Found: 4 user comment(s)
News Item5/23/11 4:06 PM
Cezar | Midwest  Find all comments by Cezar
Every state should just start making their own currency, lawful money.

We don't need the Federal government or the federal reserve.

4

News Item5/23/11 2:44 PM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
Jim Lincoln wrote:
Considering the old $5 coin is probably is worth at least $1,000 now, they wouldn't stay in circulation very long. Well, we know that "New Zion" has a lot of crackpots, (for your laugh of the day We're Christians just like you!) but as for as the Constitution is concerned, "Congress coins money under Article 1, Section 8, Clause 5 of the Constitution"
Perhaps a gold-anodized aluminum dollar coin could be minted?
'Tis kind of odd that $5=$1,000 don't you think?

Why are they "crackpots" because they want lawful money that is based on something of actual value?

Your Constitutional quote is a good one...too bad congress doesn't do that.

3

News Item5/23/11 2:32 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Considering the old $5 coin is probably is worth at least $1,000 now, they wouldn't stay in circulation very long. Well, we know that "New Zion" has a lot of crackpots, (for your laugh of the day We're Christians just like you!) but as for as the Constitution is concerned, "Congress coins money under Article 1, Section 8, Clause 5 of the Constitution"

Perhaps a gold-anodized aluminum dollar coin could be minted?

2

News Item5/23/11 6:58 AM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
How wonderful. May the State of TX and others join in this noble endevour.
1
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