Gold and silver legal tender in Utah

Gold and silver legal tender in Utah-On the Edge with Max Keiser-10-07-2011

In this edition of the show Max interviews David Morgan from Silver-Investor.com. He will talk about the new law implemented in the state of Utah making gold and silver legal tender. Continue reading

Legalize Currency Competition : Ron Paul

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“In order to fund its military operations during the 1860s, the federal government for the first time in its history issued paper currency which was unbacked by any commodity and was to be accepted at face value as a legal tender.”

“For the past 40 years we have lived in a world in which the issuance of money is completely at the discretion of governments and central banks, and we are reaping the consequences. The fiat money standard has led from one financial crisis to another, as each attempt to inflate out of the previous bubble only sows the seeds for the next crash.”

“Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency.”  Ron Paul

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