Utah's Legislative Path to Transaction Gold and Silver

Kevin Freeman provides a detailed account of the legislative efforts and testimonies supporting the introduction of gold as a transactional currency in Utah. Ken Ivory outlines a bill that allows state service providers to receive payments in gold, establishing a foundational framework for broader adoption. Treasurer Oaks shares insights from the "Precious Metals Study," addressing how a gold-backed platform could protect citizens’ purchasing power from inflation. They emphasize the need for changes in capital gains tax treatment on gold to facilitate more frequent transactions.

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