ZeroHedge: Arizona Joins BRICS, Druckenmiller Buys Barrick The Arizona Senate committee has given the green light to Senate Bill 1633 (SB1633), which aims to create the Arizona Bullion Depository, a secure facility for storing precious metals. More than just a storage solution, the bill also paves the way for the issuance of state-minted gold and silver coins, alongside a specie-backed transactional currency. This initiative, passed by a narrow 4-3 vote on Feb. 12 by the Senate Finance and Commerce Committee, represents a huge step toward integrating precious metals more directly into the state’s economy, offering an alternative to traditional fiat currencies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Thursday's PCE Price Index Release to Shine a Spotlight on Inflation Trends READ MORE A Pivotal Week for Stock Markets: Earnings, Fed Decisions, and Job Reports READ MORE Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties Dominate READ MORE Janet Yellen warns inflation decline might not be ‘smooth’ READ MORE Despite High Inflation Reports, Fed's Barkin Eyes Future Rate Normalization with Caution READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment