States seek currencies made of silver and gold

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It has been reported that a number of states are seeking new currencies made of gold and silver because they are worried that the Federal Reserve and the US dollar are on the brink of collapse. Up to 13 states are seeking approval from their governments to issue an alternative currency or explore it as an option.
Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place.
 
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Full article http://money.cnn.com/2012/02/03/pf/states_currencies/index.htm?source=cnn_bin
 
 

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