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<p>[QUOTE=&quot;desertgem, post: 1510146, member: 15199&quot;]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">In practice, in Utah, individuals will be able to use gold and silver&nbsp; bullion in the same way as they would cash for transactions but also for&nbsp; currency exchanges.<b> Individuals with the metal will be able to get fair&nbsp; market value in a trade for cash, or may start depositing or paying&nbsp; with it. </b></span></p> <p style="text-align: left"><span style="color: #000000"><b><br /></b></span></p> <p style="text-align: left"><span style="color: #000000"><b></b>How is this different from selling the bullion for fair market value ( fiat based) and then paying? The state is just acting as a bullion dealer and can determine their idea of fair market value.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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