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Arizona passes law making gold and silver legal tender

 
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04/10/2013 09:42 AM
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Arizona passes law making gold and silver legal tender
States are now rushing to push bills through allowing for gold and silver to be recognized as legal tender as politicians fear that the U.S. economy is going to collapse.

The push from states like Arizona, which passed through their House of Representatives on Monday allowing gold and silver to be considered legal tender, comes as conservatives fear that the Federal Reserve is running the country's economy into a deep hole.

Lawmakers say the global economy is on the precipice of financial ruin and the U.S. dollar could soon be worth less than the paper used to make it.
These doomsayers are pushing forward legislation that would declare privately minted gold and silver coins legal tender, no different under state law than the U.S. dollar printed by the federal Department of Treasury [link to www.dailymail.co.uk] gold
:glp sign:
JUST HERE (OP)

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04/10/2013 09:51 AM
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Re: Arizona passes law making gold and silver legal tender
colorbump stock market
:glp sign:
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04/10/2013 09:59 AM
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Re: Arizona passes law making gold and silver legal tender
anyone from Arizona to confirm ???
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JUST HERE (OP)

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04/10/2013 10:13 AM
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Re: Arizona passes law making gold and silver legal tender
wow , no gold tards today chuckle
:glp sign:
Anonymous Coward
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04/10/2013 10:16 AM
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Re: Arizona passes law making gold and silver legal tender
Didn't we already do this shit in 1787?
Hard Eight

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04/10/2013 10:29 AM
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Re: Arizona passes law making gold and silver legal tender
Goldman Sachs Says It's Time to Short Gold

Goldman Sachs downgraded its 2013 price target for gold (Exchange:XAU=) and advised investors to short the precious metal, in a commodities report out on Wednesday.

24K gold bar. REUTERS/Bobby Yip/Files"Despite resurgence in euro area risk aversion and disappointing U.S. economic data , gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning," said Goldman Sachs analysts Damien Courvalin and Jeffrey Currie in the note.

The analysts cut their gold forecast to $1,450 per ounce for 2013 and $1,270 for 2014, the second cut in their price target this year.

[link to finance.yahoo.com]
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JUST HERE (OP)

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04/10/2013 10:44 AM
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Re: Arizona passes law making gold and silver legal tender
Goldman Sachs Says It's Time to Short Gold

Goldman Sachs downgraded its 2013 price target for gold (Exchange:XAU=) and advised investors to short the precious metal, in a commodities report out on Wednesday.

24K gold bar. REUTERS/Bobby Yip/Files"Despite resurgence in euro area risk aversion and disappointing U.S. economic data , gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning," said Goldman Sachs analysts Damien Courvalin and Jeffrey Currie in the note.

The analysts cut their gold forecast to $1,450 per ounce for 2013 and $1,270 for 2014, the second cut in their price target this year.

[link to finance.yahoo.com]
 Quoting: Hard Eight


thanks for the info clap
:glp sign:
Anonymous Coward
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04/10/2013 10:48 AM
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Re: Arizona passes law making gold and silver legal tender
Meh. I paid off my transmission in silver. Who needs a friken bank when the parties involved come to an agreement?
Anonymous Coward
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04/10/2013 10:51 AM
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Re: Arizona passes law making gold and silver legal tender
Confirmed on local news
[link to www.azcentral.com]

[link to www.azcentral.com]
Anonymous Coward
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04/10/2013 10:52 AM
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Re: Arizona passes law making gold and silver legal tender
A+ and all other states that haven't done so already soon to follow. Didn't Oklahoma already do this?
Anonymous Coward
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04/10/2013 10:54 AM
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Re: Arizona passes law making gold and silver legal tender
Legal tender means it can be taxed simply for existing in a box. Legal tender means it in essence already belongs to the gummint

Anyone that thought this was a good idea, just got OWNED.

Your barbecue isnt legal tender, you own it and need not account for it to anyone.
Legal tender comes with the assumption that it belongs to the gummint.
Ignore their dictates now, and you are a felon.


What America needs is some adults with a pair.
There are none, at least not ones working for your nation
JUST HERE (OP)

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04/10/2013 10:54 AM
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Re: Arizona passes law making gold and silver legal tender
 Quoting: Anonymous Coward 29314176


thanks for the info/link
:glp sign:
Anonymous Coward
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04/10/2013 10:54 AM
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Re: Arizona passes law making gold and silver legal tender
Meh. I paid off my transmission in silver. Who needs a friken bank when the parties involved come to an agreement?
 Quoting: Anonymous Coward 30120084


Agree. Those words, "Who needs a friken bank when the parties involved come to an agreement?" are the words feared most by the kleptomaniacs running the planet. They know its coming.

it is said, and has happened before throughout history, that once a kleptomaniac loots and owns all cash gold and silver, they go mad.
JUST HERE (OP)

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04/10/2013 10:54 AM
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Re: Arizona passes law making gold and silver legal tender
thanks for the pin hf
:glp sign:
TraderRob

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04/10/2013 10:54 AM

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Re: Arizona passes law making gold and silver legal tender
Didn't we already do this shit in 1787?
 Quoting: Anonymous Coward 37775990


Ask BRIEF... he was there.
JUST HERE (OP)

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04/10/2013 10:54 AM
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Re: Arizona passes law making gold and silver legal tender
Legal tender means it can be taxed simply for existing in a box. Legal tender means it in essence already belongs to the gummint

Anyone that thought this was a good idea, just got OWNED.

Your barbecue isnt legal tender, you own it and need not account for it to anyone.
Legal tender comes with the assumption that it belongs to the gummint.
Ignore their dictates now, and you are a felon.


What America needs is some adults with a pair.
There are none, at least not ones working for your nation
 Quoting: Anonymous Coward 1445809


spock
:glp sign:
Anonymous Coward
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04/10/2013 10:58 AM
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Re: Arizona passes law making gold and silver legal tender
What this means is that any increase in value is taxed as a capital gain even if it's buried in your garden.

This is the reason why the ptb need to exterminate you all, youve proven you cant think for yourself, and they dont want the responsibility to care for you after theyve taken everything from you.
Anonymous Coward
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Indonesia
04/10/2013 10:59 AM
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Re: Arizona passes law making gold and silver legal tender
gold cruise
look the price come down again..
Vision Thing

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04/10/2013 11:02 AM

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Re: Arizona passes law making gold and silver legal tender
What this means is that any increase in value is taxed as a capital gain even if it's buried in your garden.

This is the reason why the ptb need to exterminate you all, youve proven you cant think for yourself, and they dont want the responsibility to care for you after theyve taken everything from you.
 Quoting: Anonymous Coward 1445809


Can't say I have ever read anything so quite to the point. You seem to have nailed it.
"Within you is a limitless, unborn potential of creativity and substance... (T)he tragedy can become a blessing, the disadvantage can become an advantage, the failure can become an opportunity and the disappointment can become God's appointment."- Eric Butterworth
MeteoriteTard

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04/10/2013 11:03 AM
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Re: Arizona passes law making gold and silver legal tender
hiding
[link to www.youtube.com]

MeteoriteTard.
Anonymous Coward
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04/10/2013 11:09 AM
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Re: Arizona passes law making gold and silver legal tender
Goldman Sachs Says It's Time to Short Gold

Goldman Sachs downgraded its 2013 price target for gold (Exchange:XAU=) and advised investors to short the precious metal, in a commodities report out on Wednesday.

24K gold bar. REUTERS/Bobby Yip/Files"Despite resurgence in euro area risk aversion and disappointing U.S. economic data , gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning," said Goldman Sachs analysts Damien Courvalin and Jeffrey Currie in the note.

The analysts cut their gold forecast to $1,450 per ounce for 2013 and $1,270 for 2014, the second cut in their price target this year.

[link to finance.yahoo.com]
 Quoting: Hard Eight



Yeah...meanwhile Goldman is buying it like crazy, obvious ploy to drive prices down.

Remember if goldman tells you to buy or sell, do the opposite of their recommendation.

[link to www.zerohedge.com]
Dr. Manhattan

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04/10/2013 11:12 AM
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Re: Arizona passes law making gold and silver legal tender
Prepare for someone to get assassinated.
Anonymous Coward
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04/10/2013 11:20 AM
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Re: Arizona passes law making gold and silver legal tender
What this means is that any increase in value is taxed as a capital gain even if it's buried in your garden.

This is the reason why the ptb need to exterminate you all, youve proven you cant think for yourself, and they dont want the responsibility to care for you after theyve taken everything from you.
 Quoting: Anonymous Coward 1445809


Can't say I have ever read anything so quite to the point. You seem to have nailed it.
 Quoting: Vision Thing


Blithering idiot.

Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation.[1] Paper currency and coins are common forms of legal tender in many countries. The origin of the term "legal tender" is from Middle English tendren, French tendre (verb form), meaning to offer. The Latin root is tendere (to stretch out), and the sense of tender as an offer is related to the etymology of the English word extend (to hold outward).[2] The noun form of a tender as an offering is a back-formation of the noun from the verb.

Legal tender is variously defined in different jurisdictions. Formally, it is anything which when offered in payment extinguishes the debt. Thus, personal cheques, credit cards, debit cards, and similar non-cash methods of payment are not usually legal tender. The law does not relieve the debt obligation until payment is accepted. Coins and banknotes are usually defined as legal tender.


.
Anonymous Coward
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04/10/2013 11:52 AM
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Re: Arizona passes law making gold and silver legal tender
What this means is that any increase in value is taxed as a capital gain even if it's buried in your garden.

This is the reason why the ptb need to exterminate you all, youve proven you cant think for yourself, and they dont want the responsibility to care for you after theyve taken everything from you.
 Quoting: Anonymous Coward 1445809


Can't say I have ever read anything so quite to the point. You seem to have nailed it.
 Quoting: Vision Thing


Blithering idiot.

Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation.[1] Paper currency and coins are common forms of legal tender in many countries. The origin of the term "legal tender" is from Middle English tendren, French tendre (verb form), meaning to offer. The Latin root is tendere (to stretch out), and the sense of tender as an offer is related to the etymology of the English word extend (to hold outward).[2] The noun form of a tender as an offering is a back-formation of the noun from the verb.

Legal tender is variously defined in different jurisdictions. Formally, it is anything which when offered in payment extinguishes the debt. Thus, personal cheques, credit cards, debit cards, and similar non-cash methods of payment are not usually legal tender. The law does not relieve the debt obligation until payment is accepted. Coins and banknotes are usually defined as legal tender.


.
 Quoting: Anonymous Coward 1030397


Coins are lawful money Attorney boy , federal reserve system or not

Nothing will be spared for your trade ... Pun Intended
Face Palmer

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Germany
04/10/2013 12:20 PM
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Re: Arizona passes law making gold and silver legal tender
But... but... you can't eat gold!

cruise
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
ssle

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04/10/2013 12:41 PM

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Re: Arizona passes law making gold and silver legal tender
Legal tender means it can be taxed simply for existing in a box. Legal tender means it in essence already belongs to the gummint

Anyone that thought this was a good idea, just got OWNED.

Your barbecue isnt legal tender, you own it and need not account for it to anyone.
Legal tender comes with the assumption that it belongs to the gummint.
Ignore their dictates now, and you are a felon.


What America needs is some adults with a pair.
There are none, at least not ones working for your nation
 Quoting: Anonymous Coward 1445809

This!

Lots of movement against bartering in the recent past. I wouldn't be surprised if some states called eggs and bread legal tender, just to get their hands in the pot.
Everyone is worth knowing. Everything is worth learning.
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Anonymous Coward
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04/10/2013 12:46 PM
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Re: Arizona passes law making gold and silver legal tender
So when I go buy my groceries this weekend....can I just scrape off a little gold on the counter and they have to take it ?
Anonymous Coward
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04/10/2013 12:48 PM
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Re: Arizona passes law making gold and silver legal tender
What this means is that any increase in value is taxed as a capital gain even if it's buried in your garden.

This is the reason why the ptb need to exterminate you all, youve proven you cant think for yourself, and they dont want the responsibility to care for you after theyve taken everything from you.
 Quoting: Anonymous Coward 1445809


lol what a crock of shit, put me and ANYONE of those motherfuckers with a sword for each one and we will see who walks out alive. bunch of elitist faggots.
Anonymous Coward
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04/10/2013 12:51 PM
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Re: Arizona passes law making gold and silver legal tender
"Arizona passes law making gold and silver legal tender"

Geee, I wonder why more & more states are doing this. Think they know something we don't? (Yes, that was sarcasm)

Good call Az.
No Dhimmi
Proud Infidel

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04/10/2013 12:52 PM

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Re: Arizona passes law making gold and silver legal tender
Goldman Sachs Says It's Time to Short Gold

Goldman Sachs downgraded its 2013 price target for gold (Exchange:XAU=) and advised investors to short the precious metal, in a commodities report out on Wednesday.

24K gold bar. REUTERS/Bobby Yip/Files"Despite resurgence in euro area risk aversion and disappointing U.S. economic data , gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning," said Goldman Sachs analysts Damien Courvalin and Jeffrey Currie in the note.

The analysts cut their gold forecast to $1,450 per ounce for 2013 and $1,270 for 2014, the second cut in their price target this year.

[link to finance.yahoo.com]
 Quoting: Hard Eight


Goldman Buying Gold, Selling Treasurys To Muppets Whom It Advises To Do Opposite

[link to www.zerohedge.com]
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
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We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

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Anonymous Coward
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04/10/2013 01:10 PM
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Re: Arizona passes law making gold and silver legal tender
bumpbump

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