Nevada Gold Bond Petition

Nevada has literally tons of gold income. This gold is sold, so the state can pay its dollar expenses including debt service. The problem is that this exposes the state to the risk of a falling gold price (as has been occurring since May). The expenses remain the same, but the income falls. Refinancing in gold removes this risk.

It also allows the state to get out of debt at a discount. A paper describing the benefits of issuing gold bonds is here (https://monetary-metals.com/the-benefits-of-issuing-gold-bonds/

 

Nevada Should Sell Gold Bonds

  

I encourage Nevada to sell gold bonds. This will benefit the state, and all Nevadans. It will help the state get out of debt at a discount, and reduce the state's risk (a paper describing the full benefits is here: https://monetary-metals.com/the-benefits-of-issuing-gold-bonds/).

Most acts of government create winners and losers. However, issuing a gold bond harms no one.

The Nevada gold bond will be desirable to investors all over the world. It will attract capital to invest in the state.

If you sell a gold bond, I will seriously consider buying it.

Very Sincerely,

**your signature**

174 signatures

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1 reply
  1. Theosebes says:

    I would like to think that the idea of gold bonds would find a favorable reception here in Tennessee. Please let me know what sort of information I can pass on to my local state legislators about this. It’s election time and that tends to make them much more receptive to new ideas, especially fiscally sound ones. It makes them come off as geniuses.
    Best,
    Theo.

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