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FBI Raids Office of Liberty Dollar

PH2007111601160.jpgThe increasing awareness of the illegality of the Federal Reserve, coupled with the rapid decline of the dollar, must have the boys at the Fed a bit concerned. The idea of returning to sound money backed by gold and silver means that the U.S. government could no longer simply print the money it needs for wars and lining the pockets of its corporate bed buddies. There seems to be increased attention lately on the dollar’s demise, with Iran’s leader calling it a worthless piece of paper at the recent Opec summit. If nations start trading oil in another currency, you can expect a rapid acceleration in the decline of the dollar. But I imagine we would go to war with Iran, like we did with Iraq, before this would happen. Either way, we are looking at much higher prices for gold and energy in the near future. Buying gold under $1,000 or a gallon of gas under $5 will soon be a distant memory.

Eliminating the Federal Reserve would remove the control of the U.S. government and military from a small group of international bankers running the show and destroying this country and our currency. It would take away much of their power and put a halt to the confiscation of wealth from the poor and middle class citizens, most of whom are unaware of the hidden tax of inflation. So, it wasn’t surprising to hear that FBI agents raided the offices of the Liberty Dollar, an alternative currency that is backed by gold and silver. As the dollar loses value and presidential candidate Ron Paul gets more attention for his desire to end the wars, return to sound money and abolish the Federal Reserve and IRS, I expect more crackdowns and censorship. But the silver lining is that the raid will only draw more attention to the issue and more support for Ron Paul. Here is the story…

Federal agents have raided sites in Idaho and Indiana linked to the “Liberty Dollar,” a silver coin used by groups that oppose the Federal Reserve System and the federal income tax. The organization reportedly was preparing to sell and distribute “Ron Paul” dollars to support the Texas congressman in his campaign for the Republican presidential nomination.

The company makes and distributes Liberty Dollar barter currency in various denominations and had announced that it had been closed down by a raid of FBI and U.S. Secret Service officers who confiscated gold, silver, platinum, medallions, documents, “everything but the desks and chairs.”

“Make no mistake, the FBI and Secret Service raid on the Liberty Dollar … was a direct assault against the U.S. Constitution and your right to own and use gold and silver in any way you choose,” von NotHaus wrote in an urgent notification of the situation to supporters.

“It’s incredible how few people know the facts about the Federal Reserve. The organization chaired by Ben Bernanke is not ‘Federal’ – it is instead a cabal of private and international banks that does not answer to the United States government. And while there is some precious metal stored in Fort Knox, it doesn’t back the debt based ‘fiat’ U.S. dollar that they issue, because nothing backs it except your trust in the system! Even a casual look at the Fed’s history leads one to wonder how an institution that profits mightily from its own policies of victimizing Americans has maintained control over the money of the wealthiest nation on Earth. For those who have made a serious inquiry, the Federal Reserve is shadowed in deceptive origins and fraudulent policies.”

Silver investors may want to take notice that the Feds also raided Coer D’Alene’s Sunshine Mint, where the coins are printed, and agents seized huge pallets of silver and gold worth more than $1 million that the organization says back the paper certificates issued to its customers.

Click here for full Washington Post article

Click here for the full Seattle Post article

Click here for a video

If you are interested in supporting Ron Paul, please consider being a part of history and donating to his campaign on December 16th, the anniversary of the Boston Tea party. On December 16th, 1773, American colonists dumped tea into the Boston Harbor to protest an oppressive tax. This December 16th, American citizens will dump millions of dollars into the Ron Paul presidential campaign to protest the oppressive and unconstitutional inflation tax – which has enabled a flawed foreign policy, a costly war and the sacrificing of our liberties here at home.

Peace and prosperity to all.

By | 2017-03-23T14:06:41+00:00 November 18th, 2007|Gold & Silver Commentary|

About the Author:

Jason is the founder of He previously worked in data analytics for the world's largest research firm, consulting to Fortune 500 companies globally. Jason eventually leveraged those skills to trade successfully full-time and after helping friends and family optimize their investments, he launched Gold Stock Bull and The GSB Contrarian Report newsletter. Jason is a cycles investor with a contrarian eye for identifying undervalued assets. He has built an expertise in both the precious metals and cryptocurrency markets. Jason believes in honest money, limited government, decentralization of power and enjoys studying alternative economic models.