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WHEREAS, The absence of gold and silver coin, or its equivalent electronic gold currency, as
media of exchange between the state of Idaho and the citizens, in the exercise of the state's
essential sovereign prerogatives, functions, rights, powers, privileges, and duties abridges,
infringes and interferes with the sovereignty and independence of this state and the citizens of
Idaho and their rights, powers, privileges, immunities, and prerogatives as a political community
recognized and guaranteed to them by the Idaho constitution; and
WHEREAS, This exposes this state and Idaho citizens, to chronic problems and potentially
serious crises that may arise from the economic and political instability of the present domestic
and international systems of coinage, currency, banking, and credit in which gold and silver have
no effective role; and
WHEREAS, This exposes this state and Idaho citizens, to the chronic depreciation of media of
exchange other than gold and silver, which losses in purchasing power amount to the incremental
confiscation of their property without just compensation or due process as guaranteed by the fifth
amendment to the United States constitution; and
WHEREAS, This restricts the ability of this state and Idaho citizens, to fulfill and enjoy the
mandates and guarantees of the Idaho constitution, to secure a sound economy, and to maintain a
firm fiscal foundation for a policy and program of maintaining security within this state's
boundaries and participating effectively in a national program of homeland security;
BE IT FURTHER RESOLVED, That other powers, reserved to this and every state by the 10th
amendment to the United States constitution and to this state by the Idaho constitution that relate
to this state's choice of media of exchange for the fulfillment of Idaho’s essential sovereign
functions.