Trust in Gold Not Bernanke as U.S. States Promote BullionSubmitted by Bob-45 on Mon, 04/08/2013 - 14:21
By Amanda J. Crawford - Apr 8, 2013 12:01 AM ET
Distrust of the Federal Reserve and concern that U.S. dollars may become worthless are fueling a push in more than a dozen states to recognize gold and silver coins as legal tender.
Lawmakers in Arizona are poised to follow Utah, which authorized bullion for currency in 2011. Similar bills are advancing in Kansas, South Carolina and other states.