Showing posts with label Utah. Show all posts
Showing posts with label Utah. Show all posts

Tuesday, May 7, 2013

5 reasons why US States are keen to return to sound money

http://www.24hgold.com/english/news-gold-silver-5-reasons-why-us-states-are-keen-to-return-to-sound-money.aspx?article=4360113540G10020&redirect=false&contributor=Jan+Skoyles
As Eric Sprott so eloquently explained last year, ‘we are compelled to review the facts: Europe is currently experiencing severe bank runs, budgets in virtually every western country on the planet are out of control, the banking system is running excessive leverage and risk, the costs of servicing the ever-increasing amounts of government debt are rising rapidly, and the economies of Europe, Asia and the United States are slowing down or are in full contraction. There’s no sugar coating it and we have to stop listening to politicians and central planners who continue to downplay, obfuscate and flat out lie about the current economic reality… NOTHING the central bankers have done up to this point has WORKED.’

As Alan Greenspan wrote, “Gold and freedom are inseparable. In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. Gold stands as the protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”

Saturday, March 26, 2011

Look who's calling Utah and gold 'eccentric'

http://www.gata.org/node/9742

Yeah, like the British have their $hit together.

Saturday, March 5, 2011

Utah House Passes Bill Recognizing Gold, Silver as Legal Tender

http://www.foxnews.com/politics/2011/03/04/utah-house-passes-recognizing-gold-silver-legal-tender/?cmpid=cmty_email_Gigya_Utah_House_Passes_Bill_Recognizing_Gold%2C_Silver_as_Legal_Tender
Under the bill, the coins would not replace the current paper currency but would be used and accepted voluntarily as an alternative.

If the bill passes, Utah would become the first of 13 states that have proposed similar measures. The others states are Colorado, Georgia, Montana, Missouri, Indiana, Iowa, New Hampshire, Oklahoma, South Carolina, Tennessee, Vermont and Washington.