MONEY: A Monetary Gadfly

Saturday, December 13, 2014

LIBERTY DOLLAR ALERT:
December.06.2014
Thank you from BVNH

Dear Liberty Dollar Supporters!

Thank you for your wonderful emails and your continued support. While I am disappointed we didn’t “change the money – change the country,” I am humbled by your kind words of support and sheer joy that I am not going to prison. I hope to review all my emails and reply to your questions and suggestions as soon as time permits.

Meanwhile, you may wish to share the main points raised in the Wall Street Journal editorial by Seth Lipsky just the day before I was sentenced: “A Monetary Gadfly in an Age of Fiat Money” and his excellent editorial “Beyond Bernard von NotHaus” in the New York Sun published the day after I was sentenced. Both are very well written and should be of interest to your local news sources.
I wish to express a very special thanks to Noell Tin, Fred Williams and Tom Ashcraft, the very competent and dedicated team of attorneys who represented me at the Sentencing Hearing and GATA for their outstanding support and posting Seth Lipsky’s WSJ.

Please remember that it is only by banding together and adopting a free and independent currency that provides us with “just weights and measures” that we will be able to throw off the yoke of a manipulated monetary/tax system and generate a peaceful and prosperous society.

Many thanks for your continued support.

Bernard von NotHaus
Monetary Architect/Editor
Editor@LibertyDollar.org

# – # – # – # – #   

Well, at least, he didn’t go to prison.

Like anyone would confuse fiat valueless tokens for the Liberty Dollar “medallions”!

Or their “warehouse receipts” for the Federal Reserve System’s “toilet paper”.

What is a “dollar” these days?

# – # – # – # – #   


GOLDBUG: Have skills and things of value

Saturday, November 8, 2014

http://www.lewrockwell.com/2014/11/alasdair-macleod/chinas-gold-strategy/

China’s Gold Strategy
By Alasdair Macleod
GoldMoney.com
November 1, 2014

*** begin quote ***

Since 2002, the Chinese state has almost certainly acquired by these means a further 5,000 tonnes or more. Allowing the public to buy gold, as well as satisfying the public’s desire for owning it, also reduces the need for currency intervention to stop the renminbi rising. Therefore the Chinese state has probably accumulated between 20,000 and 30,000 tonnes since 1983, and has no need to acquire any more through market purchases given her own refineries are supplying over 500 tonnes per annum.

*** end quote ***

The “barbarous relic”?

Now if the Chinese are good “Communists”, then why stockpile gold?

Maybe because they take a 1,000 year view!

The Swiss will vote on Gold and their national bank. While the jury is still out until the end of the month, either way, you have to wonder why folks don’t trust paper money.

I sure don’t. I remember the grandparents talking about the Great Depression.

Be nice to have skills and things of value WHEN the SHTF!

# – # – # – # – #   


MONEY: US 90 percent silver coins minted before 1965

Monday, July 21, 2014

http://www.alt-market.com/articles/2229-the-immorality-of-paper-money

The Immorality Of Paper Money
Monday, 14 July 2014 16:44 Bob Livingston

*** begin quote ***

I still like U.S. 90 percent silver coins minted before 1965. They can be purchased in bags of $1,000 face amount or in smaller increments — even individually. (Find a local, reputable coin dealer with a good rating with the Better Business Bureau and a history in the community.) Buy for great price explosion upward as well as for survival coins. As paper money fails, a silver dollar will buy a week’s groceries any time.

*** end quote ***

A silver dollar is probably worth 19 U$D in melt value.

Don’t think that buys a week’s groceries. That’s probably hype.

But, it’s not hard to look at Zimbabwe, Argentina, Venezuela, or the pre-WW2 Germany experiences for an approximation of what could happen here.

# – # – # – # – #   

 


MONEY: Nickels are “poor man’s gold”

Wednesday, January 29, 2014

http://www.lewrockwell.com/2014/01/robert-wenzel/machinations-at-the-mint/

Price Inflation Will Force the US Mint to Once Again Change the Metal Content of Coins
By Robert Wenzel
Economic Policy Journal

*** begin quote ***

The Mint is considering a change to the mix of metals it uses to make quarters, dimes and nickels, because of the climbing cost of production of the coins. reports WSJ.

It now costs 1.8 cents to make a penny and 9.4 cents to make a nickel, costing the federal government about $104.5 million last year.

*** and ***

I fully expect that in the next bout of accelerating price inflation that the value of the metal content of current nickels will soar. Thus, nickels are a great no downside investment. If the price inflation I anticipate doesn’t develop, just spend the nickels. For more on nickels as an investment see: Why You Need to Own Nickels, Right Now

http://www.economicpolicyjournal.com/2011/02/why-you-need-to-own-nickels-right-now.html

*** end quote ***

Nickels are “poor man’s gold”.

Argh!

# – # – # – # – #   


POLITICAL: Global financiers create political cover

Sunday, January 19, 2014

http://www.zerohedge.com/news/2013-12-13/war-china-inevitable

Is War With China Inevitable?
Submitted by Tyler Durden on 12/13/2013 22:10 -0500

*** begin quote ***

Global financiers created the circumstances that have led to America’s probable economic demise, but they don’t want to be blamed for it. War provides the perfect cover for monetary collapse, and a war with China might become the cover to end all covers. The resulting fiscal damage and the terror Americans would face could be overwhelming. Activists who question the legitimacy of the U.S. government and its actions, once considered champions of free speech, could easily be labeled “treasonous” during wartime by authorities and the frightened masses. (If the government is willing to use the Internal Revenue Service against us today, just think about who it will send after us during the chaos of a losing war tomorrow.) A lockdown of civil liberties could be instituted behind the fog of this national panic.

*** end quote ***

You have to look at the financial fraud being pulled by the Fed.

The Chinese are in control of our fate. (Not that they don’t have their own problems.)

So, when these very ugly chickens come home to roost, how will the elite avoid the “french revolution’s guillotine”? 

# – # – # – # – #   

 


MONEY: A negative on bitcoin

Saturday, January 18, 2014

http://dont-tread-on.me/?p=31861

26 Reasons Why I Will Never Support Bitcoin
By Silver Shield, on December 21st, 2013

*** begin quote ***

20. Then there is that anti government aspect of it.  Really? It seems the Anglo American bankers love it, including Ben Bernanke and JP Morgan.  It is right up their alley with something for nothing.  They may crack down on Bitcoin only to launch their own brand.  Look at the Lotto.  They went after the mob for running numbers, but then made it legal for them to profit off of.  They went after Charles Ponzi and then created their own Ponzi Scheme with Social Security.  I am telling you Bitcoin or something just like Bitcoin will be used to sell to the people after the dollar collapse, a new electronic worthless currency.  Who knows maybe we will get bonus points for watching TV and using it?  They already have millions hooked on EBT cards, get the corporations involved and the government muscle and you could see the final realization of a digital currency where they can cut you off if you get out of line.  How many stories do we already hear about bank bailins and IRS and NSA messing with people’s bank accounts.  Having real wealth outside of the system is the only antidote for that.

*** end quote ***

It’s the “intrinsic value” argument that hits me hardest.

In POW camps of WW2, cigarettes were “money”.

Gold and silver have the advantage of “intrinsic value”. Junk silver, (i.e., pre-1964 US coins), will be the money of TEOTWAWKI (The End Of The World As We Know It)!

The survivalist community plans to use ammo as money. As well as commodities, like liquor, can be barter fodder. 

Remember barter will precede “money”.

So, save wealth in forms that are not paper!

# – # – # – # – #   


POLITICAL: Bernard von NotHaus, “Rosa Parks” opposing the FED

Friday, January 17, 2014

LIBERTY DOLLAR NEWS:
December 2013 Vol. 15 No. 12

Tortured Without Being Sentenced: Bernard von NotHaus

*** begin quote ***

Judy Shelton, a noted economist who knows which way is up, author of The Coming Soviet Crash (1989) and Money Meltdown (1994) that influenced my work on the Liberty Dollar, a longtime veteran of Washington, a friend who was an approved witness for my trial by not called to testify by my Dumb and Dumber attorneys and the first person to brand me as the “Rosa Parks of monetary policy,” has published a quick 68 page booklet, Fixing the Dollar Now.

*** end quote ***

This fellow, Bernard von NotHaus, made a mistake. Poking the Banking Cartel, called the “Federal Reserve System” (i.e., the OPEC of money). Note that despite the name, it’s not “Federal”. It’s a private cartel!

And, as Bernard von NotHaus pointed out, the “dollar”, (technically The Federal Reserve Note), is NOT a store of value.

This is a direct assault on the wealth of the People. It hurts the “non-rich”, who have the capability of holding non-dollar denominated assets. The poor and those on fixed income, who have to spend most or all of their income, are paying the hidden taxes. And when they get a few dollars ahead, their savings are marginalized by low rates of return and the Fed’s printing press.

You have to hold gold, silver, nickels, or any asset that is not in “dollars”. Jury is still out on bit coins in my mind.

YMMV!

I call this political because Bernard von NotHaus is a political prisoner in limbo!

# – # – # – # – #   


Follow

Get every new post delivered to your Inbox.

Join 1,068 other followers

%d bloggers like this: