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Tuesday, May 24, 2011

Gold currency : Many US states to follow Utah

Gold currency : Many US states to follow Utah

SALT LAKE CITY (Commodity Online) : Nearly a month after Utah became the first state in the United States to officially recognize gold and silver coins as legal currency, many other states are also on the track to legalize gold and silver legal tender.

Earlier this month, Minnesota took a step closer to joining Utah in making gold and silver legal tender. A Republican lawmaker there introduced a bill that sets up a special committee to explore the option. North Carolina, Idaho and at least nine other states also have similar bills drafted.

http://www.commodityonline.com/news/Gold-currency--Many-US-states-to-follow-Utah-39282-3-1.html

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