B. 4128 was important because it followed the passage of the Utah Legal Tender Act in March.

FORBES: The Legislative Beginnings Of A Modern Gold Standard

Today, the U.S. dollar is only valuable because the government has declared it legal tender and we act accordingly.

FORBES: The Optimum Asset Allocation to Gold Is Always Zero

Rep. Paul is pressing the Free Competition in Currency Act, which would end legal tender and put Hayek's ideas into practice.

WSJ: Seth Lipsky: The Gold Standard Goes Mainstream

The 1985 law that led to the creation of the U.S. Mint legal tender bullion coin was largely his doing, the outgrowth of The Coinage Act of 1983, a bill sponsored by Dr. Paul.

FORBES: My Day In Washington, Testifying Before Rep. Ron Paul

Republicans Jim DeMint, Mike Lee and Rand Paul have introduced the Sound Money Promotion Act, which removes taxes on gold and silver coins declared as legal tender by the federal government or states.

FORBES: The Legislative Beginnings Of A Modern Gold Standard