Tuesday, May 24, 2011

Utah GOP Makes Gold and Silver Coins Legal Currency | AlterNet

I firmly believe that everyone should have some gold in their portfolio, both as as investment (mostly as 'insurance') and as a disaster cache (sort of immediate insurance.) I'm also avidly opposed to any attempt to reinstitute the gold standard; the economy is so large and complex, that tying it to a specific 'specie' is a) impossible and b) would trigger an economic collapse that only owning gold would save one from. Guess who owns gold and is backing the gold standard? They aren't your friends!

Utah GOP Makes Gold and Silver Coins Legal Currency | AlterNet

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