SUBHEAD: U.S. Treasury & Secret Service ban sale of silver and gold liberty dollars on Ebay.
By Mac Slavo on 17 December 2012 for SHTF Plan -
(http://www.shtfplan.com/precious-metals/u-s-secret-service-bans-sale-of-silver-and-gold-liberty-dollars-on-ebay_12172012)
Image above: 2005 $20 Liberty Dollar coin now considered counterfeit by U.S. government. From (http://www.geocities.ws/nealibertyassociates/look.html).
In early 2011 Bernad Von Nothaus was convicted by the US government and identified as a domestic terrorist by Federal prosecutors for minting his own silver and gold coinage, and then offering those coins for sale to clients. He dubbed the coins “Liberty Dollars” and by doing so brought upon himself the ire of the U.S. Secret Service, Federal Reserve and a host of other government agencies.
According to the government, Von Nothaus was a counterfeiter, though he made no attempts to actually counterfeit U.S. currency, but rather, provide another mechanism of exchange through the use of precious metals.
After Von Nothaus’ conviction, the Secret Service warned they would be confiscating all Liberty Dollar coins manufactured by Nothaus’ company, NorFed.
Since the shutdown of VonNothaus’ operation, many of the coins have been offered for sale or trade on mega-auction site Ebay, and this week the Secret Service took action. They contacted Ebay, which in turn advised sellers of the coins on their site that they could no longer engage in the trade of silver coins with the Norfed Liberty Dollar hallmark:
Image above: Old 1921 U.S. government Liberty $1 coin now out of circulation. From (http://www.bukisa.com/articles/460826_all-for-a-dollar-poem).
The government disagrees with this argument, and in a press release issued by the US Department of Justice, said that the trade of such coins amounts to nothing short of terrorism because it poses a direct threat to the stability of the United States:
Today they are targeting the Liberty Dollar because it “represents a clear and present danger to the economic stability” of the United States. It wouldn’t be that far a stretch of the imagination to suggest the government could make the same argument for any mechanism of exchange or store of value, especially those which contain gold and silver.
They confiscated gold in the 1930′s for much the same reasons. They may very well do it again, but this time you may be a terrorist if you have silver or gold coins at home when they come looking.
See also:
Ea O Ka Aina: FBI after Wikipedia of its seal 8/3/10
.
By Mac Slavo on 17 December 2012 for SHTF Plan -
(http://www.shtfplan.com/precious-metals/u-s-secret-service-bans-sale-of-silver-and-gold-liberty-dollars-on-ebay_12172012)
Image above: 2005 $20 Liberty Dollar coin now considered counterfeit by U.S. government. From (http://www.geocities.ws/nealibertyassociates/look.html).
In early 2011 Bernad Von Nothaus was convicted by the US government and identified as a domestic terrorist by Federal prosecutors for minting his own silver and gold coinage, and then offering those coins for sale to clients. He dubbed the coins “Liberty Dollars” and by doing so brought upon himself the ire of the U.S. Secret Service, Federal Reserve and a host of other government agencies.
According to the government, Von Nothaus was a counterfeiter, though he made no attempts to actually counterfeit U.S. currency, but rather, provide another mechanism of exchange through the use of precious metals.
After Von Nothaus’ conviction, the Secret Service warned they would be confiscating all Liberty Dollar coins manufactured by Nothaus’ company, NorFed.
Since the shutdown of VonNothaus’ operation, many of the coins have been offered for sale or trade on mega-auction site Ebay, and this week the Secret Service took action. They contacted Ebay, which in turn advised sellers of the coins on their site that they could no longer engage in the trade of silver coins with the Norfed Liberty Dollar hallmark:
The United States Secret Service has requested the removal of all Norfed Liberty dollars on the eBay site as counterfeits. … Please do not relist this item(s). We appreciate that you chose to list this coin on our site and understand there was no ill intent on your part. Your listing fees have been credited to your account.There is nothing special about the Liberty Dollar coins other than the fact that they are pure silver; and, of course, that they actually have intrinsic value as compared to general circulation U.S. legal tender which is, by most accounts, essentially worthless in terms of metal value.
Image above: Old 1921 U.S. government Liberty $1 coin now out of circulation. From (http://www.bukisa.com/articles/460826_all-for-a-dollar-poem).
The government disagrees with this argument, and in a press release issued by the US Department of Justice, said that the trade of such coins amounts to nothing short of terrorism because it poses a direct threat to the stability of the United States:
The Secret Service has gotten involved in order to ensure buyers don’t get confused by thinking they are acquiring legal U.S. tender. Apparently they believe that someone who buys a silver coin for $35 may, in a state of confusion, then attempt to exchange it for a $1 soda pop in the open market.Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism, U.S. Attorney Tompkins said in announcing the verdict. While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country, she added. We are determined to meet these threats through infiltration, disruption, and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.
Today they are targeting the Liberty Dollar because it “represents a clear and present danger to the economic stability” of the United States. It wouldn’t be that far a stretch of the imagination to suggest the government could make the same argument for any mechanism of exchange or store of value, especially those which contain gold and silver.
They confiscated gold in the 1930′s for much the same reasons. They may very well do it again, but this time you may be a terrorist if you have silver or gold coins at home when they come looking.
See also:
Ea O Ka Aina: FBI after Wikipedia of its seal 8/3/10
.
2 comments :
"Undermining" American currency per Secret Service with Lady Liberty Silver dollars and other silver coinage is a real laugh. American currency is undermined by its own doing. Every dollar printed is not worth the paper it isn't printed on in this computer age because it is financed by the Federal Reserve which prints money out of thin air and then loans it to the government with a hefty interest rate. Certainly under these circumstances our American currency is undermined. (Fasten your seat belts on this inevitable roller coaster ride!)
Obviously, the government does not want competition in the form of real gold and silver which has been recognized for thousands of years as legitimate currency and still is. Act of terrorism? I think not.
Boy, with everything being declared a terrorist act, it really makes it look like the SS misses the cold war.
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