As the U.S. government continues to crank out dollars like they were Monopoly money, more and more states - fearing an eventual collapse of the currency, most likely - are looking at ways to legalize and utilize gold and silver as currency.

Shunning trust in the Fed chairman Ben Bernanke, the Treasury and the economic policies of the Obama administration, more than a dozen states are considering adoption of the alternative currencies.

Utah lawmakers and Gov. Gary Herbert enacted legislation in 2011 that authorizes bullion for use as currency; now, similar bills are under consideration in Kansas, South Carolina and other states, according to Bloomberg News.

The measures are being supported by limited government advocates in these states yet for now passage of such laws are largely symbolic. You can't, for instance, go grocery shopping in Utah and pay for your items with gold.

Concern about impending 'collapse of the dollar'

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