Rep. Glen Bradley, a Republican from Youngsville, has filed his bill to require the state to accept gold and silver as legal tender.
If approved, the N.C. Constitutional Hard Tender Act would allow private coin companies to register gold or silver coins or bars with the state treasurer's office to be used as legal tender within the borders of the state. Further, the state treasurer would be required to exchange the precious metals for federal dollars.
A follower of the economic theories espoused by U.S. Rep. Ron Paul of Texas, Bradley has said the bill is rooted in concern that excess foreign debt could cause the U.S. Federal Reserve to collapse, making dollars worthless.
An article about Bradley's economic views printed earlier this month in The N&O garnered widespread attention for the little-known GOP freshman. The newspaper's story was reprinted widely within the state and was featured as a link on The Drudge Report, a conservative-leaning news aggregator.
Last week, Bradley appeared for an interview on Fox News.
The national attention has not yet translated into support for Bradley's bill, however. The legislation does not currently have any listed co-sponsors.