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State treasurer sees strong odds for Maine credit upgrade

State treasurer sees strong odds for Maine credit upgrade
mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.

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36 Unit, State Funded Affordable Housing Development To Be Built in Madison

36 Unit, State Funded Affordable Housing Development To Be Built in Madison
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Maine Bill Would Authorize the Investment of State Funds in Gold and Silver

The proposed law would authorize the Maine State Treasurer to invest state funds located in the Maine Budget Stabilization Fund under chapter 142 and any pension fund administered by the treasury in gold, silver, or other precious metals. In effect, holding gold and silver would help secure state assets against the risks of inflation and financial turmoil. It would also reinforce the importance of sound money in the state's financial system. ....

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