Category Archives: utah

Owner of Rust Rare Coin Sentenced to 19 Years in Prison for Fraudulent Silver Trading Program

By United States Attorney’s Office, District of Utah …… Gaylen Dean Rust, 62, of Layton, Utah, was sentenced to 19 years in federal prison by a U.S. District Court Judge on Tuesday, March 8, 2022, after being convicted of conspiracy to commit wire fraud, conspiracy to commit money laundering, and securities fraud. Rust was ordered […]

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MormonChurchScrip

Mormon church issued money substitute scrip

By Neil Shafer
The Great Depression of the 1930s hit the state of Utah very hard, causing social and economic upheavals all over the state. One effort in trying to assist the population came in the form of money substitute scrip issued by the Mormon Church in 1933. It was called Guaranteed Emergency Certificate; each was hand signed by a bishop from one of Salt Lake City’s wards

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Utah, Texas, and Wyoming top 2018’s Sound Money Index

New Jersey, Kentucky, Vermont and three other states declared biggest enemies of sound money
Eagle, Idaho (July 9th, 2018) — Utah, Texas, and Wyoming round out the top three most sound money-friendly states in the United States, according to the 2018 Sound Money Index, released today by the Sound Money Defense League and Money Metals Exchange.
The 2018 Sound Money Index is the first index of its kind, ranking all 50 states using nine indicators to determine which states have implemented the most pro-sound money policies in the country

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