LD4 CASE NEWS:
US v. BVNH Case # 5:09-CR-00027
Tomorrow, March 7, 2011, an epic battle begins in Federal District Court. BVNH – one lone stubborn individual American vs. the might and fright of the US government – was charged with counterfeiting (Sec 485 and 486) after the FBI confiscated over 9 TONS of gold, silver, platinum and copper over three years ago. The lines are clearly drawn between an individual’s freedom, to come up with creative ways, such as barter to deal with government mismanagement of our economy and its continued nullification of our Constitution. Verdict expected within 30 days.
Dear Liberty Dollar Supporters!
Table of Contents:
Dear Liberty Dollar Supporters!
1. LD4 Trial Commences
But the gov has not stopped the Free Dollar Movement. A couple of dozen different currencies have already sprung up from the NORFED seeds. People have taken the issuance of money into their own hands because they are not happy with the failing non-Federal non-Reserve IOU Note and want something better. Something with value! While the gov assumed that the NORFED arrestees would cop a plea like the 95% of all people arrested. NO! That did not happen. Now the gov must prove beyond a reasonable doubt to the satisfaction of twelve jurors in the Statesville Division of the Western District of North Carolina that BVNH counterfeited US coins.
If the charges were not so serious, it would be laughable that anybody could confuse the one ounce Silver Liberty with a penny, nickel, dime, quarter, half-dollar or an Ike dollar! But that is the basis of the gov case! But it is even more bizarre. The gov would have the jury believe that a whopping 2-1/2 inch diameter Silver Liberty could be confused with the “current money.” Think that is incredibly dumb? Well they also “think” that the statue of King Kamehameha on the Hawaii Dala looks like a US coin and it is counterfeit too!
This gov has some very serious problems and it should solve those problems. It should not waste taxpayers’ money on such a wrong-headed trial. Unfortunately, the gov is not very bright and what they will do and have done since NORFED introduced the Liberty Dollar on October 1, 1998 is inadvertently popularize alternate currencies as the US dollar tanks. It almost seems like a plan to secretly support a value based currency but that would give the gov more credit than it deserves.
One thing is for sure. This landmark monetary case of the century will be decided one way or the other. Either the jury will cherish the American individualistic spirit or BVNH will mistakenly go to prison. It is an all or nothing. BVNH feels morally bound as a citizen of a Republic to do what he thinks is best for the country. He “thinks” that our country deserves a better money than the gov is providing. Hope you can stop by the Federal District Court in Statesville, North Carolina, as the trial will not be televised. Running time is approx. one month.
PS: I am very pleased to hear that some people are coming from as far away as California for the trial! Please remember that you have a 30 day window to attend.
2. Everything is UP!
APMEX premiums are up. The premium over spot on a single one ounce house-brand silver round has risen from $1.50 a year ago to $2.69 a few months ago and is now $2.99. DOUBLE. Premium on US Mint Silver Eagles was less than $2.00 a year ago. A few months ago it went to $4.19 and is now $4.39! Hell, when NORFED started, silver was UNDER $5.00 an ounce and that was just a few years ago. Silver is still a tremendous buy… even at $30 or $40 or more!
3. Freedom’s Phoenix Article
The Liberty Dollar 4 – Criminal Trial Starts on March 7, 2011
“Ambushed, attacked and robbed in 2007, indicted in 2009, re-indicted in 2010, by the vile despicable bastiches of the DOJ/FBI/IRS, the Liberty Dollar 4, now the Liberty Dollar 1, will be tried criminally in federal court in Statesville, North Carolina on March 7th, 2011. Statesville is the county seat of Iredell County, North Carolina and is in the center of the western part of the state.” Please click HERE for the whole article.
Not worthy of comment.
5. Greenspan Supports Gold Standard…
You read that right. After such establishment “luminaries” as World Bank president Robert Zoellick , Warren Buffett’s father Howard , Jim Grant , and, most recently, Kansas City Fed president Thomas Hoenig , all voiced their support for a return to a gold standard, the most recent addition to the motley group of contrite voodoo shamans is none other than the man who is single handedly responsible for America’s addiction to cheap toxic credit, who spawned such destroyers of the middle class as the current Chair Creature, and who currently is the chief advisor in John Paulson’s crusade to gobble up every ounce of deliverable physical in the world: former Fed Chairman – Alan Greenspan!
In an interview with Fox Business, the man who refuses to go away into that good night: “We have at this particular stage a fiat money which is essentially money printed by a government and it’s usually a central bank which is authorized to do so. Some mechanism has got to be in place that restricts the amount of money which is produced, either a gold standard or a currency board, because unless you do that all of history suggest that inflation will take hold with very deleterious effects on economic activity… “There are numbers of us, myself included, who strongly believe that we did very well in the 1870 to 1914 period with an international gold standard.”
And a further stunner: Greenspan himself wonders if we really need a central bank. Now our only question: why couldn’t the maestro speak as clearly and coherently during his tenure that resulted in our current near-terminal financial state. And as a reminder, courtesy of Dylan Grice , if and when we do get a return to a gold standard there would be a need to reindex the monetary base to a real time equivalent price of gold, putting the price of the precious metal at about $6,300: “The US owns nearly 263m troy ounces of gold (the world’s biggest holder) while the Fed’s monetary base is $1.7 trillion. So the price of gold at which the US dollars would be fully gold-backed is currently around $6,300.” Click HERE for the article.
Please note I am opposed to any “Gold Standard” operated by the government. As noted economist Dr. Richard H. Timberlake said:
I prefer the new “Organic Gold Standard” owned by the people. Please click HERE for more info.
6. How to Abolish the Fed and Convert to Gold as Money
9. Link to Subscribe to LDN
I continue to believe that it is only by adopting a free and independent currency that provides us with “just weights and measures” will we be able to throw off the yoke of a manipulated monetary/tax system and generate a peaceful and prosperous society.
Thank you for all your efforts to return America to value – one dollar at a time!
Bernard von NotHaus
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