>Utah became the first U.S. state last month to recognize gold and silver coins >minted by the federal government as legal tender.<
But the US government hasn't minted those coins in decades. So it's likely that the US dollar price of a $10 gold piece (for example) would be much higher than US$ 10 and also higher than the same amount of gold in powder form. Not only would that introduce a new exchange rate into the mix, but with no new flow of gold coins, counterfeiting would be encouraged. these folks are strange. On Fri, Apr 15, 2011 at 2:13 PM, Sabri Oncu <[email protected]> wrote: > http://abcnews.go.com/Politics/tea-party-momentum-utah-bill-brings-gold-standard/story?id=13377409 > > Boy, any comments? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
