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24%  
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  • Utah Legislature goes for gold, silver as currency options

    04/21/2012 9:11:46 AM PDT · by Lorianne · 20 replies
    Washington Times ^ | 10 March 2012 | Stephan Dinan
    The Utah Legislature on Thursday passed a bill allowing gold and silver coins to be used as legal tender in the state — and for the value of their precious metal, not just the face value of the coins. State backers said they hope the move will help insulate Utah from a potential monetary slide as countries question the value of the dollar. Others, casting their eye nationwide, said it could spur a broader move by Congress or states to readopt a gold standard. "Utah, if the governor signs this particularly, they’re going to change the national debate on monetary...