Commodity Trade Mantra

Posts Tagged ‘State Gold Depository’

Going Back To What Works: Gold Is Money Again

Choice in currency is being recognized as a basic human right around the world. Utah was the first State to make gold and silver coins legal tender alongside the U.S. dollar on March 25th, 2011. The way it works is that members deposit Federal Reserve Notes (or paper dollars) into their UPMA account which in turn translates them into golden dollars (or silver).

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