- Submitted by admin on Wed, 05/25/2011 - 1:30am
SALT LAKE CITY (AP) -- 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.
- Submitted by millennialrising on Sat, 03/26/2011 - 4:45pm
Salt Lake City - The state of Utah is on the verge implementing its own proto-Gold Standard. The House and Senate have voted in favor of HB317, which would make gold and silver coins legal tender. Governor Gary Herbert has until the end of the month to veto the bill.
- Submitted by Joe on Sat, 12/04/2010 - 3:57am:-) Take off your silver spurs and help me pass the time.
The Collected 2R Sayings of Morgana: we, the American people, have a right to know what is being done in our nameSubmitted by Joe on Sat, 12/04/2010 - 12:28am
:-) Take off your silver spurs and help me pass the time.
What a silly concern that turned out to be.