Umm, these two stories do not sound like it’s a good thing. Groan.. ~Steve~
Posted by Alexander Higgins – August 31, 2011 at 10:18 pm – Permalink – Source via Alexander Higgins Blog
Feds Now “Duty-Bound To Confiscate” Silver And Gold Liberty Dollars As Illegal Contraband
The federal government declares Silver and Gold Liberty Dollars are illegal contraband and warn they are now “duty-bound to confiscate” millions of them.
Sherrie Questioning All
points us to an article in the globally distributed Coin world magazine giving us the latest updates on the government’s crackdown and confiscation of silver and gold coins.
After allow the coins to be markets on TV and sold to millions of people, the government will now move in and begin to confiscate the wealth that has been amassed in the hundreds of millions of dollars invested into the coins. The feds are now openly referring to the contraband and warn they are illegal to possess for any purpose and are subject to confiscation.
Officials failed to clarify under what terms the feds will seize the coins.
The U.S Attorney’s office warns that “the Liberty Dollar medallions are confiscable as contraband regardless if they are being exhibited for educational purposes only”.
The U.S. Secret Service is quoted as saying “if a Secret Service agent witnessed something considered to be contraband, such as Liberty Dollars, they would be duty-bound to confiscate it.”
The feds ironically call Gold and Silver Liberty Dollars a ponzi-scheme, which the exact same claim the investors of gold and silver make against the fiat dollar that is printed by the Federal Reserve.
So it has begun.
The Federal government has determined it can and will confiscate all Silver and Gold Liberty Dollars that are displayed openly and not for educational uses only in displays. In other words all the Liberty Dollars in stores on Ebay for sale can/will be confiscated by the federal government.
There was a trial earlier this year in North Carolina against Bernard von NotHaus, the founder and creator of the Liberty Dollar. He was convicted by a jury for creating an alternate currency. The Liberty dollars are now considered counterfeits, contraband and subject to seizure.
This is so totally outrageous! This is simply an excuse for the government to try and get as much silver and gold they can from the public and desperation on the part of the government.
The Liberty Dollars did not resemble any coin in the U.S. nor did it bill itself as an alternate currency. It has and was a collectors coin of pure silver and gold.
Here is a picture of the Silver Eagle, which the Liberty Dollar does not resemble at all.
Just to clarify the original coin world article reads the coins are subject to seizure regardless if they are being displayed for educational purposes.
Coin World Magazine reports on the federal government’s open admission that they will confiscate the precious gold and silver coins.
For rest of this Story, Pls go HERE
Also let me add a second article from Feb 2011
Mac Slavo February 18th, 2011
Insider Report: US Government Will Confiscate Gold When It Touches $2000
It’s no secret that the US government is broke, the US dollar is crashing and losing credibility globally, and the IMF, China, France and others have publicly stated their desire to eliminate the dollar as the world’s primary reserve currency. The IMF, for example, recently issued a call to replace the Federal Reserve’s fiat paper, ironically suggesting that it should be replaced with yet another synthetic instrument known as the SDR, or Special Drawing Right. The SDR is essentially a monetary unit made up of a basket of other global monetary units that include the euro, Japanese yen, pound sterling, and U.S. dollar. Incidentally, prior to the collapse of the Bretton Woods gold-backed US dollar monetary system in 1973, the SDR was actually ‘backed by gold,’ with one SDR being worth roughly 0.88 grams of gold, or at the time, $1 US dollar.
It’s been suggested that a new SDR, which would likely include the Chinese Yuan within the basket, may also require some non-synthetic units of exchange such as gold.
We’ve learned from well known metals analyst and commentator Roger Wiegand, in an email to silver analyst David Morgan which was subsequently published in Morgan’s latest Silver Investor newsletter available only to subscribers, that several of Wiegand’s high level inside sources have reported that the puppeteers behind the US government, in order to facilitate a move into a new world currency are considering, or may have already begun moving forward with, a plan to confiscate gold and silver from the American public.
For rest pls go HERE!
~Steve~ H/T Miss May