A PRACTICAL GUIDE TO “GOLD CLAUSES”

By Dr. Edwin Vieira, Jr., Ph.D., J.D.
November 22, 2009
NewsWithViews.com

As most of my readers know, I have long advocated the use of alternative currencies, consisting of silver and gold, in order to return America to constitutional and sound money. There are three means by which such alternative currencies could be introduced into the economy: (i) through an act of Congress; (ii) by State legislation, one State at a time; and (iii) by the private action of individuals. At the present time, option (i) is likely impossible; and option (ii) will require a fair amount of political organizing and “grass-roots” lobbying in suitable “target” States before the first such statute can be enacted. For the time being, then, that leaves option (iii) as the only way to move ahead immediately. Of course, purely private action alone cannot reform even one State’s monetary system.

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