Can states make and distribute their own form of currency? Yes. As long as it is in silver and gold!
The constitution allows the states to MAKE THEIR OWN LEGAL TENDER FROM GOLD AND SILVER CURRENCY in Article One, section 10. Article I Section 10 | Constitution Annotated | Congress.gov | Library of Congress
Article I
- Section 10
- Clause 1
- No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
So as the world and Central Banks argue over Bitcoin, Crypto Currency, fiat dollars and digital means of buying and selling…states are looking ahead to hold onto their economies and survive an eminent coming crash of the fiat dollar.
What will the states in the Republic do? Utah and many other states have already allowed their own legal gold and silver back currency. The Utah Legal Tender Act is not new…it was passed on March 10, 2011. Perhaps the manipulated market crashes of 2000, and 2008 along with an out of control spending congress had opened up some eyes? Stock Market Crashes | 1926 | 1974 | 1987 | 2000 | 2008 (marketvolume.com) Not to mention the up and down fiat dollar value and inflation. Nothing is sustainable in a hot air market, and many states have passed legislation to secure their own state economies from suffering the crash of an unstable fiat dollar.
In March of 2017, Sen. Bob Hall, TX, introduced SB2097, a bill aimed at establishing a legal tender status for gold and silver including protections from seizure by state authorities. Texas Legislature Online – 85(R) History for SB 2097 Remember, back in 1934 the Gold Reserve act made it illegal to own gold and you had to sell it to the government or risk confiscation and criminal charges. So, many states have and are putting these protections in place.
The new technology, called the Goldback breaks gold down into widths 1/10 of a hair, and sandwiches it between 2 polymer layer. $1 notes contain 1/1000 oz, ranging to the $50 notes containing 1/20 Troy oz.. These are available for Purchase now at various metals shops online. You can get the Nevada Goldback, the Utah Goldback or the New Hampshire Goldback.
On May 22, 2017, Arizona Gov. Doug Ducey signed into law House Bill 2014 (HB2014), effectively eliminating state capital gains taxes on gold and silver and allowing Arizona residents to use precious metals as currency instead of Federal Reserve notes, or dollars.
Many states are addressing fiscal weakness by taking legislative steps to help residents secure their money with gold and silver. So while the media hypes everything is going to be digital, and the crypto wars are the chatter, states have been moving towards “sound money.” President Trump has been on board for sound money called the “Gold Standard” and having an equal and fair playing field for the value of the dollar and end the economic market manipulation schemes that can be hatched out of the fiat air dollar system.
President Trump is out to build a strong economy and to do that, there has to be a solid system in place. One that will not be easily manipulated sending IRA’s deep diving, and the cost of living soaring off the charts by mere market manipulations. It is important to watch all things with your own eyes and discern what the real steps taken mean and where those steps are leading.
So while there are several things in play, the real test is who will win? States who are on solid ground with leading based on the constitution and bill of rights are stepping out ahead of the rest to insure their states economic soundness. It is always wise to watch what is taking place and not get caught up in “gaslight nightly news”. Watch all the steps that are being taken. Many are for the sound and solid footing of a strong economic future. and many are for world trends being pushed in order to line pockets and lead nations into a global order. Remember, we are at war. It’s a different type of war and money is a major player in the war chest.
As of September 2020, states that have legislation to coin their own legal tender from Gold and Silver are Idaho, Texas, Utah, Wyoming, Tennessee, Kansas, Louisiana, South Carolina, Missouri, West Virginia, Indiana, Oklahoma, Nevada, New Hampshire. There are more states quietly working to eliminate capital gains taxes on precious metals, and to make gold and silver legal tender for their residents, and establish a state bullion depository. Read more here: States Standing Up for Gold & Silver | U.S. Money Reserve (usmoneyreserve.com) and here: States Where Gold and Silver Have Become Legal Tender | Investor Education (mintstategold.com)
US debt is now 28 trillion dollars. If the federal currency begins to show signs of weakness or even collapse, we could see individual states protecting themselves by using these gold currencies. It is actually legal to spend and use the new gold backed bills being made by these states anywhere in the United States.
That being said…what do you think is taking place? I know what Trump wants.
Kim Clement – Summer will uncover, defend, and God’s sun will shine! Eruptions, tornadoes, hurricanes…what does it all mean? Tumultuous rendering coming… the Spirit of God will cause many to fall in the fall! Shake for the nations of the earth stand waiting! There is an uncovering of GREAT EVIL!
STAY STRONG!
Dianne
