Utah is voting today on the act proposing that gold and silver coins can be used for the payment of taxes. I am surprised that they took this long. See the article over at Zerohedge; http://www.zerohedge.com/article/utah-pushes-accept-gold-silver-alternative-currency Other states considering a similar move are; Georgia, Montana, Missouri, Colorado, Indiana, Iowa, New Hampshire, South Carolina, Tennessee, Washington, Vermont and Oklahoma. More and more people are placing their trust in money that cannot be printed at the whim of the Fed.
In other news it looks like China is getting ready to conduct cross-border trade denominated in the Renminbi. This would mean that nations bordering China, and trading across the borders, would have less need of dollar reserves. This is a big step toward making the Renminbi a "local" reserve currency and (combined with the huge purchases of gold to back it with) is a clear threat to the dollars continued reign as the world's currency of account.
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