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View Full Version : Gold and Silver now officially legal tender in Arizona




KerriAnn
04-09-2013, 02:34 PM
As trust in the Federal Reserve System and its fiat dollar continues to plummet worldwide, legislation making gold and silver into legal tender was given final approval by Arizona lawmakers on Monday when the Republican-led state House of Representatives voted overwhelmingly in favor of the bill. With tremendous grassroots support, an earlier version of the precious-metals measure sailed through the GOP-controlled Arizona Senate in late February.

http://www.thenewamerican.com/economy/economics/item/15042-arizona-legislature-approves-gold-and-silver-as-money

edit: I jumped the gun....it's official as soon as the Governor signs the bill. :D

youngbuck
04-09-2013, 05:00 PM
How stupid, why would any state accept such barbarous relics as legal tender?!

Keith and stuff
04-09-2013, 07:38 PM
It doesn't seem to do too much. It seems to bring gold and silver in AZ up to the same level as they are in UT and NH. It's progress but I'm guessing people will blow it out of proportion, like they did when UT changed the status to be like NH. I remember the debates on here when people thought the UT law did a lot more than it actually did.