to be used as currency.
JUPITER, Fla. - April 3, 2017 - PRLog -- Mr. Sacka opened with, "Really good news out of the State of Utah where a bill was introduced to allow gold and silver to be used as currency. Under the bill, banks will store gold and silver on their behalf for deposit and it will be accepted for store purchases. Gold and silver will be used as legal tender."
Rep. Ken Ivory (R-West Jordan) introduced House Bill 224 (HB224) on Jan. 27 creating a foundation for further action to encourage the use of gold and silver as money. Specifically, HB224 would authorize the investment of public funds in specie legal tender held in a commercial specie repository. Under existing code, "specie legal tender" means gold or silver coin and bullion.
His full comments can be seen in the video below: https://www.youtube.com/watch?v=gdmY4tYwl7o&t
Originally in 2011, Utah became the first state in eighty years to pass a law regarding gold and silver coin legal tender. The legislature has since followed up approving a bill clarifying tax measures and expanding the definition of specie legal tender. The passage of HB224 takes the next step forward for use of gold and silver in everyday transactions.
Referring to a historical price chart, Mr. Sacka went on to say, "All through history there are periods where the Dow Jones and gold cross up. Either the Dow will come down substantially or gold will skyrocket. Either way they're going to meet sooner or later. Silver and gold is a proper tangible asset for preparatory terms."
Hear full interviews at http://www.CornerstoneAssetMetals.net.
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About Terry Sacka
Mr. Sacka has been quoted several times by some of the most respected financial publications, such as Investor's Business Daily and Institutional Investor and even on the Wikipedia page "Silver as an Investment".
He believes that the most valuable assets are gold, silver and survival food, which they provide at Cam Ready Food (http://camreadyfood.com) and heirloom seeds at https://heavensharvest.com/.
Twitter Account: @terrysackaaams
Media Contact
Terry Sacka
(888) 747-3309
clientsupport@cammetals.com
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