FT notices gold's rise in favor, Fed's fall, if ever patronizingly
Here's a Financial Times story that showed up as a GATA release yesterday. The FT headline reads "Utah Raises Standard in Anti-Fed Campaign". Shops in Salt Lake City will soon be able to accept gold Buffalo and Eagle coins [no foreign-minted Napoleons or Krugerrands allowed] after a bill to make gold and silver legal tender passed Utah's House and Senate.
This proto-gold standard in the American west is a rebuke and challenge to the Fed, and a reminder that easy monetary policy since 2007 has won the central bank many more enemies than friends. This is a must read story as well...and the link to the GATA release is here.