Silver as an investment

Gold As Legal Tender for States

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Trust in Gold Not Bernanke as U.S. States Promote Bullion Tender / by Gary North / April 9, 2013

In a dozen states, there are bills to make gold legal tender.

Nothing much will come of this. First, the concept of legal tender is anti-free market. A state should not declare anything as legal tender. It should limit itself to declaring the proper currency for the payment of taxes. Second, most of these bills will not become law this year. Third, most voters don’t care. People use plastic or currency.

What is significant is this: there is enough interest in gold today to call forth such bills. It indicates a major shift in the fringes of public opinion. Such bills would have been unthinkable in 2007.


Thanks to BrotherJohnF