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<p>[QUOTE=&quot;fatima, post: 1540396, member: 22143&quot;]As long as they allow &quot;on demand&quot; redemptions of the account balance in gold coin, then I don&#039;t see the issue with it.&nbsp; This is in fact how gold backed currency is supposed to work.&nbsp; The inability to bank gold now in the USA is one of the greatest impediments to ownership, by design of the central bankers.&nbsp;&nbsp; I think it does a great service for the citizens of that state.</p><p><br /></p><p>In such a scenario, if you have your money on deposit in a gold based account, then you don&#039;t care if Uncle Ben goes bonkers and creates so much money they have to buy some new super computers just to count it.&nbsp;&nbsp; People with money in the Utah gold depository, just shrug it off.</p><p><br /></p><p>If they do this, I find it to be quite a ground breaking change.[/QUOTE]</p><p><br /></p>

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