Populist fears about the Federal Reserve's loose money policy spurred Utah Gov. Gary Herbert last week to sign a law that is already on the books. Utah now explicitly recognizes that gold and silver coins designated legal tender by the federal government are also legal tender in the state....
It’s important to note that Goldbacks are not US legal tender currency. Goldbacks are voluntary currency based on the discretion of the vendor. For example, you can only use a Utah Goldback in Utah, and only if the vendor allows it. Each state has a set of five Goldbacks, each cont...
on the Sound Money Index, Utah has been among the leading states promoting sound money public policy, starting with the passage of the Utah Legal Tender Act in 2011 (also sponsored by Rep. Ivory). The enactment of Utah House Bill 348 comes on the heels ofWisconsin this week becoming the ...
Thanks to the passage of the Utah Legal Tender Act in 2011, a large number of local merchants and vendors are willing to accept a new currency called “Goldback Notes” as payments. Wafer-Thin Gold Foil Currency Notes Struck in 24-karat gold foil, these notes are crafted in increments of...
Has the state created specie tender mechanisms to accept and remit gold and silver? Article I, Section 10 of the U.S. Constitution prescribes that no state shall “make any Thing but gold and silver Coin a Tender in Payment of Debts.” Pursuant to this, states can create payment mechanism...
That’s legal tender. And I think we deserve sound money that would perform as a dependable story of value and not be subjected to that abuse.Keith Weiner:George Orwell would be either putting on your perspective, either turning over in his grave or smug that, Hey, I pointed this out, ...
In March, 2011, Utah's Governor Gary Herbert signed into law the Utah Legal Tender Act, which purports to make some gold and silver coins legal tender in t... W Baude - 《Social Science Electronic Publishing》 被引量: 0发表: 2015年 The 2011 World Forecasts of Coins Not Being of Legal...
Constitution prescribes that no state shall “make any Thing but gold and silver Coin a Tender in Payment of Debts.” Pursuant to this, states can create payment mechanisms for accepting and remitting taxes and other payments in gold and silver. By creating the infrastructure required for the ...
The company still refines silver in two of its refineries, namely Salt Lake City in Utah, and Brampton, Ontario, just outside Toronto. Johnson Matthey was originally established in 1851 and traces its origins back to 1817. The refinery produced 1000oz bars at various times in the 1970s and...
Utah State Goldback Set with Brown Wallet quantity Add to cart Wyoming Goldback Set with Brown Wallet $538.24 Wyoming Goldback Set with Brown Wallet quantity Add to cart 1/2 Florida Goldback ALPHA $2.82 1/2 Florida Goldback ALPHA quantity Add to cart 1 Florida Goldback ALPHA ...