U.S. TREASURY WILL SUSPEND SALE OF STATE AND LOCAL GOVERNMENT SECURITIES ON JULY 30
TREASURY WILL "NEED TO START TAKING CERTAIN ADDITIONAL EXTRAORDINARY MEASURES" TO PREVENT U.S. DEFAULT IF CONGRESS DOES NOT ACT BY AUG 2
- YELLEN
I told you a few weeks ago to watch this...
(twitter.com)
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I don't have a dog in this fight, but a few states have been passing different legislation to make gold and silver legal tender again.Louisiana, Texas and Utah being the latest examples.
Until it actually happens, not a single store takes gold or silver bullion, but thousands of stores currently take crypto....
Also, how are you going to spend 1/1000 oz of gold? What store is going to be able to process that transaction?
Exactly. NOBODY takes gold or silver as payment. But many restaurants and stores take crypto. Not sure why people think metals somehow are taken to buy a steak dinner, like I paid for in vegas with BTC...