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Utah considers return to gold, silver coins
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<p>[QUOTE="rdwarrior, post: 1118440, member: 20091"]That's my point, it won't work unless the whole world does it and sets an agreed upon value, good luck with that! But I do have to disagree with the argument that there is not enough gold/silver in the world. that all depends on the value they peg gold at. There isn't enough with gold at 1K or 2K per ounce, but if it is pegged at lets say 10K or 20K or higher, there might be.</p><p>Also Utah might want to accept precious metals as payment, do you think they will be as willing to pay out?[/QUOTE]</p><p><br /></p>
[QUOTE="rdwarrior, post: 1118440, member: 20091"]That's my point, it won't work unless the whole world does it and sets an agreed upon value, good luck with that! But I do have to disagree with the argument that there is not enough gold/silver in the world. that all depends on the value they peg gold at. There isn't enough with gold at 1K or 2K per ounce, but if it is pegged at lets say 10K or 20K or higher, there might be. Also Utah might want to accept precious metals as payment, do you think they will be as willing to pay out?[/QUOTE]
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Utah considers return to gold, silver coins
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