Thursday, February 21, 2013

Panel moves to make gold, silver coins legal tender in Arizona

PHOENIX - Arizonans who fear the federal government will make their folding money worthless may soon be able to substitute privately minted gold and silver coins.
The Senate Finance Committee on Wednesday took the first steps to making such coins legal tender in Arizona. SB 1439 would give them the same legal status as the bills and coins authorized by Congress.
Nothing in the proposal by Sen. Chester Crandell, R-Heber, would force anyone to actually accept these coins as payment for any debt. Their use would be voluntary.


  1. When they will return from the Arizona and please don't forget to share the results of this deal.Thanks

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  2. Hmmm... somehow, it can be used as legal tender somewhere.

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  3. The most well-known approach of investing in gold is purchasing gold bars and gold coins. Many people also buy gold simply because they really like the feeling of holding them, especially gold bars because they represents wealth. Gold bars and coins possess actual money value that you may buy and sell for cash when you require the liquidity. And it's almost always attractive by the appearance of itself.
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