This question is the real reason why holding your wealth in gold is crucial in an environment where the purchasing power (value) of our nation's primary currency has declined to the point where it is only worth about 4% of its original value.
So with this in mind, one state in the list of states that have re-legitimized gold and silver as money is looking towards taking the next step by proposing legislation that would allow individuals and businesses to invest in a state held bond which would pay them their proceeds not in dollars, but in physical gold.
For many investors gold’s biggest problem is that the precious metal does not provide a yield. However, one Nevada lawmaker is hoping to change that.
Earlier this month, Nevada Assemblyman Jim Marchant introduced legislation, proposing to create a Nevada gold bond that offers a yield in physical gold