Wyoming Socks Away Millions in Gold in a Vault

Wyoming Socks Away Millions in Gold in a Vault

Wyoming's newest asset isn't in a bank tower—it's stacked in an old newspaper building on the edge of Casper. Writing for the Wall Street Journal , Jared Mitovich reports that the state quietly spent about $10 million in December on 2,312 troy ounces of gold—…

Supporters frame the move as insurance against ballooning federal debt, inflation, and even a potential sovereign-debt crisis; one state senator calls gold the "BS meter" of the economy. Critics, inc… [+392 chars]
Wyoming Socks Away Millions in Gold in a Vault - FHMnews