Friendly Neighborhood Liberty Dollars – LD Network

Saturday, April 20, 2019

In 1991, a man named Paul Glover introduced what would become the most successful Community Currency to date: Ithaca Hours, which are based on one hour of human labor. A single Hour is valued at $1…

Source: Friendly Neighborhood Liberty Dollars – LD Network

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Well the "Don Quixotes of Money" are back with a new run at the fiat currency call the "dollar" aka "Federal Reserve Banknote". Derogatorily called a "FRBie" in the hard money & survivalist communities.

 If you remember the original episode, then you'll remember that when their idea of an alternative currency began to get traction, the politicians and bureaucrats came down on them with a "heavy hammer". (To bad, I was not on that jury. How anyone could confuse a big silver coin or a strange sized colorful bill as a "greenback" was beyond me.) 
Having dodged a long prison sentence for “counterfeiting”, I thought that this would fold like most “community currencies”.  But I was wrong.  
Now they have still repeated the original mistake of using the word "dollar".  Of course, the current FRBies bear as much resemblance to the original "dollar" aka Thaller as I do an Olympic Athlete in any sport. Well maybe sumo.

I’ll probably buy a few as a conversation starter.  Maybe even for a 1K oz of silver, (15.07 * 1,000 = 15,070), I’ll have some “Kendall Park”, “South Brunswick”, or maybe even “Tyne Court” dollars printed.  Laugh!

I really admire the tenacity of these “hard money champions”.  Like the “Charge of the Light Brigade”, “Custer’s Last Stand”, Stalingrad, Agincourt, history is littered with historical examples of the hopeless and hapless casualties of stupidity.
All that being said, I hope that they can impact the discussion of "hard money" versus "fiat money" that we have now. To see the human cost of the unConstitutional "money", we just have to look at the welfare / warfare state, the national debt that will never be repaid, the unfunded liabilities of Gooferment promises & "pensions", as well as the destruction of savers and investors.  Hard to itemize all the bad things that happened when Jackson, Lincoln, Wilson, FDR, and Nixon got involved in "money".  Argh!  

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MONEY: Investing short term earnings and long term as well?

Friday, May 1, 2015

https://www.quora.com/I-am-a-single-mother-who-is-looking-to-invest-my-money-What-suggestions-do-you-have-for-something-that-will-be-good-for-short-term-earnings-and-long-term-as-well?__snids__=1105045430&__nsrc__=2

I am a single mother who is looking to invest my money. What suggestions do you have for something that will be good for short term earnings and long term as well?

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I’m a big fan of Ric Edelman, the Financial Advisor, who does a weekly radio show for decades. He says that his objective to help people become rich.

(Disclaimer: I’m a Client for several years and get nothing for giving this recommendation.)

He offers — and several of my coworkers have taken them up on it — to spend some time with ANYONE regardless of possible account size and help identify your goals and suggestions how to reach them.

One specific coworker had a job, a mortgaged house, and nothing else. One of their Financial Advisors has spent four hours with her over the last three months coaching her financially. So I’d recommend that you talk to one of these guys rather than trying to go it alone.

There is NO obligation to do business with them.

They are registered financial advisers which means they work in your best interest (i.e., the fiduciary standard).

They have an account minimum of 5k$ if you want to have them handle your investments. So, I’d say 1-800-call-ric or ricedelman dot com.

I worked on Wall Street for a couple of decades, managed my own portfolio, and I wish I had found them much sooner. Just my opinion.

Remember the sources of my education! I’m just a fat old white guy injineer with:

  • Law “degree” from watching Judge Judy;
  • Medical “degree” from watching Doctor Phil;
  • Building “degree” from watching “Holmes on Homes”;
  • Investing “degree” from reading about Bernie Made-off;
  • Finance “degree”from listening to Ric Edelman;
  • Sensitively managing Human Resources from watching Chef Ramsey; AND
  • Creating loving /  caring human relationships from studying the movie roles
    of Gunny Ronald Lee Ermey! 

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GOLDBUG: Waiting lists for coins and bars?

Tuesday, May 7, 2013

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/10028183/Gold-buyers-forced-to-go-on-waiting-list.html

HOME»FINANCE»PERSONAL FINANCE»INVESTING»GOLD
Gold buyers forced to go on waiting list
Gold buyers are having to wait up to six weeks for their bars and coins after a price dip led to increased interest.

By Rosie Murray-West3:55PM BST 30 Apr 201358

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Investment company Physical Gold said there were waiting lists of three weeks for some coins, and four to six weeks for gold bars. “Previously all would have been available within a few days,” the company said.
The company said that it had seen a 50pc increase in enquiries about purchasing gold and a 35pc increase in sales, with people buying tax-free gold coins. “We are now starting to experience physical gold shortages,” said Daniel Fisher, CEO of Physical Gold.

“In particular there are waiting times on some gold bars and a real difficulty in obtaining mixed year Sovereigns. “However, many clients are willing to ‘do a deal’ and wait for delivery as they want to secure the current price as they feel it will be higher in the near future.”

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Yeah, the price drops on “paper” gold, but premiums (seniorage) on “hard” gold goes up.

Now who doesn’t think the Sheeple and Clovers aren’t being manipulated?

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MONEY: Savings bonds have gone digital

Sunday, January 8, 2012

http://www.doughroller.net/investing/how-to-buy-us-savings-bonds/

Electronic U.S. Savings Bonds–Say Goodbye to Paper
by Rob Berger
in Investing

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As of today, U.S. savings bonds have gone digital. Paper savings bonds are history.

I’m get a bit nostalgic when it comes to paper bonds. There’s just something comforting in holding physical evidence of your investment. And the designs of paper bonds over the years have been quite impressive.

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In the old days, a family accumulated savings bonds to pay for the children’s education. War bond, savings bonds, even savings stamps that led to a savings bond were common.

Over time, even rubes recognized that this was a joke.

Sorry, but this is just another scam pulled off on “We, The Sheeple”.

If the inflation rate is what I think it is, there’s no way that Gooferment Bonds of any type make any economic sense.

And, any interest on those savings bonds add to your taxable income in the future.

Also, those “savings” count in the formula for aid for that education.

Bullion is a better vehicle for any saving. Similar to passing along an inheritance, the rounds don’t appear on any form or schedule.

Hey, if the Gooferment and Wall Street can have “off book” and “off balance sheet” entries, why can’t you?

Call it jewelry. Just don’t keep it in a safe deposit box. (FDR raided those.) Everyone should have a garden.

Keeping what’s yours and / or getting back what was stolen from you is just financial self-defense.

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