http://www.columbiatribune.com/news/2012/may/17/senate-debates-use-of-gold-coins/ Senate debates use of gold coins Purgason offers debit card idea. By Rudi Keller Thursday, May 17, 2012 Advertisement JEFFERSON CITY — In a debate that has roots in Jacksonian monetary theory, the Missouri Senate yesterday considered how to make gold and silver coin into real money again. In a bill that tried to exempt gold investors from capital gains taxes, Sen. Chuck Purgason, R-Caulfield, also sought to create a new way to use the value in investors' hoards without actually selling the coins. The distrust of central authority behind President Andrew Jackson's fight in the 1830s with the Bank of the United States has risen again in the backlash against the Federal Reserve. Purgason's bill would create "non-bank depositories," regulated by the secretary of state, where the value of deposited gold and silver could be used via debit card.
