Friday, June 9, 2017
In Blow to Federal Reserve, Arizona Just Legalized Gold and Silver as Currency
Phoenix, AZ — The latest massive price increases in cryptocurrencies like Bitcoin and Ethereum have boosted the credibility of investors who criticize the fiat currency system. Unfortunately, precious metals haven’t followed in crypto’s footsteps yet, and heavy losses over the last few years have led many people to write off the asset class altogether. Owning things like gold and silver in the United States has either been outlawed or stigmatized since the Great Depression, but recently, real progress has been made towards once again recognizing them as legal tender.