That's a great idea. Illinois, which has no money to even pay their bills, should spend money on gold, and then lock it up.
That would make me more confident about the state's finances.
Please. Illinois is becoming the Haiti of America, at least money wise. They could no more be trusted with gold than they could with grannies used undergarments.
I was talking about responsible red states who already have gold, will likely get more over time, and actually care about their citizenry.