Bill’s Commentary:

“Only 10%?”

Utah Formally Empowers State Treasurer to Protect State Funds with Gold and Silver

Utah Governor Spencer Cox has signed legislation explicitly empowering the state treasurer to protect state funds with an allocation to physical gold and silver.

Sponsored by Rep. Ken Ivory, House Bill 348 permits – but does not require – the Treasurer to hold up to 10 percent of certain state reserve accounts in physical gold and silver to help secure state assets against the risks of inflation and financial turmoil and/or to achieve capital gains as measured in Federal Reserve Notes.

Read more here…

Bill interviewed at X-22 report (Also posted under Interviews)

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