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Offline HomefireTopic starter
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« on: March 09, 2009, 12:10:43 pm »
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Back to the Gold Standard?

Seems the faith in the GreenBack is Falling!

Check this out!

Time to Go Paning I think.  Wise

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http://twincities.bizjournals.com/twincities/othercities/atlanta/stories/2009/03/09/story12.html?b=1236571200
^1789779&page=1

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Offline stringfrenzy
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« Reply #1 on: March 09, 2009, 08:32:52 pm »
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Very interesting article homefire.  Thanks for sharing and welcome to the forum.

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Offline Treasurehunter01253
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« Reply #2 on: March 10, 2009, 11:44:42 am »
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Hi Homefire,
                 Very interesting artical. If this bill passes,I wonder how many other states would follow suit?  Best Wishes ,,,,,,Rob

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Offline Sue
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« Reply #3 on: March 10, 2009, 11:41:43 pm »
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Saw this in the news awhile ago and it made me think of your post, Homefire.


With economy tanking, Liberty coins made of silver are paying off

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http://www.nydailynews.com/money/2009/03/09/2009-03-09_with_economy_tanking_liberty_coins_made_.html


Nicolas Leobald is fighting the federal government - one silver coin at a time.

The 42-year-old East Village writer struck one of his mild-mannered political blows the other day at his favorite deli, where he bought some cold cuts and a roll, paying with a silver coin marked $10 and getting back three dollars in change.
That simple transaction could mean jail time for Leobald and the butcher. The coin, called a Liberty Dollar, is not legal tender and passing it is a federal crime.

Libertarians, who are pushing the coins as an "inflation-proof" alternative to the greenback, call it a revolutionary act.

"Its about trying to take power away from the Federal Reserve and return it to private citizens," Leobald said.



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« Last Edit: March 10, 2009, 11:44:33 pm by Sue »
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« Reply #4 on: March 11, 2009, 03:31:44 am »
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That bill will never pass. There are some crazy people in Congress.  Crazy

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Offline Treasurehunter01253
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« Reply #5 on: March 11, 2009, 10:16:19 am »
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Hi Sue,
         Great artical!! thanks for sharing it I have sent the artical to severl coin collectors I know, Ill have to watch what i spend in my change form now on! Best Wishes ,,Rob


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Offline HomefireTopic starter
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« Reply #6 on: March 11, 2009, 10:52:54 am »
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"The 42-year-old East Village writer struck one of his mild-mannered political blows the other day at his favorite deli, where he bought some cold cuts and a roll, paying with a silver coin marked $10 and getting back three dollars in change.
That simple transaction could mean jail time for Leobald and the butcher. The coin, called a Liberty Dollar, is not legal tender and passing it is a federal crime."

Only because they used the $ and that is a no no !    Copy Rights, and all.  If it did not carry the $ sign and was just marked as .999, the feds could do nothing about it.

The silver values are the same.

I think the bill is just a way to express there thoughts on the Mass Printing of the Dollar, and the ensuing inflation it is going to cause.

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« Reply #7 on: March 12, 2009, 08:53:50 am »
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The articles about the Liberty Dollars are quite interesting.

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« Reply #8 on: April 03, 2009, 06:28:59 am »
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            Better round up all your gold and silver because the prices are going to go through the roof if they pull that one off .  The Australian government not long ago lifted the ban of private citizens  from holding more than so many ounces of gold in their posession.  I can see that might happen again . 
            Maybe we all might get commissioned by the government to go out and detect a bit of gold for them or maybe recover all their  lost coins that have been minted over the last couple of hundred years , could be looking at a few thousand tons of gold and silver there ?

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