Arizona

Chex

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Join Date: May 2011

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Arizona

04-17-13, 02:51 PM

Arizona Becomes Second State to Approve Gold and Silver as Legal Tender

http://finance.yahoo.com/blogs/daily-ticker/arizona-becomes-second-state-approve-gold-silver-legal-131138074.html

Last Monday Arizona lawmakers passed a bill that makes precious metals legal tender. Arizona is the second state after Utah to allow gold coins created by the Fed and private mints to be used as currency. More than a dozen states have legislature underway to pass similar measures. The bill comes hot off the heels [...]

Makes you wonder why? Arizona Democrats largely opposed the bill arguing that there was no need for this legislation and no way for it to be properly implemented.

"And if I could I surely would Stand on the rock that Moses stood"
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shikamaru

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04-17-13, 08:06 PM

Originally posted by Chex View Post

Arizona Becomes Second State to Approve Gold and Silver as Legal Tender

http://finance.yahoo.com/blogs/daily-ticker/arizona-becomes-second-state-approve-gold-silver-legal-131138074.html

Last Monday Arizona lawmakers passed a bill that makes precious metals legal tender. Arizona is the second state after Utah to allow gold coins created by the Fed and private mints to be used as currency. More than a dozen states have legislature underway to pass similar measures. The bill comes hot off the heels [...]

Makes you wonder why? Arizona Democrats largely opposed the bill arguing that there was no need for this legislation and no way for it to be properly implemented.

Gold is used for large transactions.
You use silver for day-to-day, minor transactions.
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