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Enactment of this law would make Louisiana the fifth state to recognize gold and silver as legal tender. Utah led the way, reestablishing constitutional money in 2011. Wyoming, Oklahoma, and Arkansas have since joined. Practically speaking, this would allow Louisianians to use gold or silver coins as money rather than just as mere investment vehicles. In effect, it would put gold and silver on the same practical footing as Federal Reserve notes.

At some point a leader will step forward prepared to call the central bank out on its losses.

Under the proposed law, “any gold or silver coin or specie issued by any state or the United States government as legal tender shall be recognized as legal tender in the state of Louisiana.”

Studying history is an interesting endeavor, because the people who lived during the historical time period one studies are generally no longer alive to affirm or deny how historical events unfolded. We are generally left with the writings that were left behind, and the authors who interpret those writings, if written materials even still exist. It generally comes down to faith, and who you believe to be giving an accurate account of historical facts. When it comes to the history of the United States, and the activities of the "Founding Fathers" who drafted and wrote documents such a...

Aura Minerals Adds 110k Oz of Mineral Reserves at Apoena Mines in Brazil in 2023; LOM Now Exceeds 5 Years and is Expected to Continue Increasing...