PHOENIX, Ariz. (April 26, 2016) – Yesterday, the Arizona House passed a bill that would help “legalize the Constitution” by defining gold and silver specie as legal tender and encouraging their use as currency.. Sen. David C. Farnsworth and Rep. Doug Coleman, along with seven cosponsors, introduced Senate Bill 1141 (SB1141) on Jan. 19. The…
PHOENIX, Ariz. (April 7, 2016) – Today, an Arizona House committee unanimously passed a bill that would help “legalize the Constitution” by defining gold and silver as legal tender and encouraging their use as currency.. Sen. David C. Farnsworth and Rep. Doug Coleman, along with seven cosponsors, introduced Senate Bill 1141 (SB1141) on Jan. 19.…
PHOENIX, Ariz. (March 9, 2016) – An Arizona bill that would help “legalize the Constitution” by defining gold and silver as legal tender and encouraging their use as currency took another step forward, passing out of an important House committee today. Sen. David C. Farnsworth and Rep. Doug Coleman, along with seven cosponsors, introduced Senate…
FRANKFORT, Ky. (Feb. 17, 2016) – A bill introduced in the Kentucky House would “legalize the Constitution” by defining gold, platinum and silver coins as legal tender and encouraging their use as currency. Rep. Thomas Kerr (R-Taylor Mill) introduced House Bill 405 (HB405) on Feb. 12. The legislation defines gold, silver, or platinum coins minted…
CHEYENNE, Wyo. (Feb. 10, 2016) – A Wyoming bill would create a state gold depository, an important first step toward establishing gold and silver as commonly used legal tender in the state. A coalition of nine Republican representatives introduced House Bill 124 (HB124). The legislation would create the Wyoming Bullion Depository. The depository would serve as the…
A bill recently signed into law in Texas that will set up a state gold depository represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Fed. Gov. Greg Abbot signed the law creating the state gold bullion and precious metal depository last…
OKLAHOMA CITY, June 11, 2014 – Oklahoma Gov. Mary Fallin has signed a bill into law that declares gold and silver as legal tender within the state. Signed last week, Senate Bill 862 (SB862) was introduced by Sen. Clark Jolley and Rep. Gary Banz, with co-sponsorship from Sen. Natham Dahm. It reads, in part: Gold…
Ron Paul has big plans to start a rEVOLution in monetary policy: From CNBC: read more
There are other metrics beside the gold basis that the market has developed in the meantime. One such is GOFO = $ LIBOR – GLR (the gold lease rate). On the face of it, GOFO cannot ever go negative. If it did, it would mean that the risk i...
As we pointed out in today's other article, we may be reaching a point where the elite's attempts to continually reinforce dominant social themes actually begin to be counter-productive. This may be seen in recent downward moves by the gold mar...