Utah's 1. step to Gold Standard

Saturday, 02 April 2011 13:58

In the beginning of March 2011 the US State Utah ruled that gold and silver are legal tender again after 80 years. This relates to coins only but there are plans to issue bills that are backed up by gold and silver. Gold and silver coins are legal tender not only by their face value, but also their value in gold and silver or to a collector, writes the Salt Lake Tribune.



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