Liberty Dollar office raided
 

I doubt the government will even send a thank you letter for all this sweet treasure.

This was a link sent to me by Nielso, so thanks to him for that.

It's very sad that the government can come into these people's homes and tons of their gold, silver, and platinum. Is there something to this story that I am missing? Or is it really just more government endorsed theft?

Re: Liberty Dollar office raided
 

I own about 300 liberty dollars worth of silver certificates. I feel like I've just been stolen from. It'll be interesting to see how this plays out.

Re: Liberty Dollar office raided
 

Raiding a company that they suspect are issuing their own coins as a "legal tender" in violation of the law is quite different than randomly confiscating peoples minerals for no reason whatsoever.

Re: This just in, government owns your gold and silver
 

ZOMG ur gonna lose ur platinum grillz!!! Awesome. Now Nielsio can troll by proxy. No one's home got raided; it was a strip mall business in IL. The US Mint:

[ QUOTE ]
Under 18 U.S.C. § 486, it is a Federal crime to utter or pass, or attempt to utter or pass, any coins of gold or silver intended for use as current money except as authorized by law. According to the NORFED website, "Liberty merchants" are encouraged to accept NORFED "Liberty Dollar" medallions and offer them as change in sales transactions of merchandise or services. Further, NORFED tells "Liberty associates" that they can earn money by obtaining NORFED "Liberty Dollar" medallions at a discount and then can "spend [them] into circulation." Therefore, NORFED’s "Liberty Dollar" medallions are specifically intended to be used as current money in order to limit reliance on, and to compete with the circulating coinage of the United States. Consequently, prosecutors with the United States Department of Justice have concluded that the use of NORFED’s "Liberty Dollar" medallions violates 18 U.S.C. § 486.

[/ QUOTE ]

Also, in before ZOMG Ron Paul conspiracy!

Re: Liberty Dollar office raided
 

I don't think I would admit to being Neilsio's proxy OP starter within earshot of iron.

edit: falcon beat me to it

Re: This just in, government owns your gold and silver
 

[ QUOTE ]
ZOMG ur gonna lose ur platinum grillz!!! Awesome. Now Nielsio can troll by proxy. No one's home got raided; it was a strip mall business in IL. The US Mint:

[ QUOTE ]
Under 18 U.S.C. § 486, it is a Federal crime to utter or pass, or attempt to utter or pass, any coins of gold or silver intended for use as current money except as authorized by law. According to the NORFED website, "Liberty merchants" are encouraged to accept NORFED "Liberty Dollar" medallions and offer them as change in sales transactions of merchandise or services. Further, NORFED tells "Liberty associates" that they can earn money by obtaining NORFED "Liberty Dollar" medallions at a discount and then can "spend [them] into circulation." Therefore, NORFED’s "Liberty Dollar" medallions are specifically intended to be used as current money in order to limit reliance on, and to compete with the circulating coinage of the United States. Consequently, prosecutors with the United States Department of Justice have concluded that the use of NORFED’s "Liberty Dollar" medallions violates 18 U.S.C. § 486.

[/ QUOTE ]

Also, in before ZOMG Ron Paul conspiracy!

[/ QUOTE ]
And this is a good thing?

Re: This just in, government owns your gold and silver
 

OK, let's hear it. Pros/cons of private currency in the US today.

Re: This just in, government owns your gold and silver
 

[ QUOTE ]
OK, let's hear it. Pros/cons of private currency in the US today.

[/ QUOTE ]
Pro, it can exist without the same inflation problems that our currency has.

Pro, people have the freedom to earn their capital in any means they see fit.

Pro, backed by accountable people.

Con, you can't use it at wal-mart.

Re: This just in, government owns your gold and silver
 

[ QUOTE ]
Pro, backed by accountable people.


[/ QUOTE ]

I think this is going to be a problem. Define "accountable people" please.

Re: This just in, government owns your gold and silver
 

[ QUOTE ]
Pro, backed by accountable people.

[/ QUOTE ]

It would probably be prudent to wait and see what the Liberty Dollar guys got raided for before lauding their accountability.

edit: wtf falcon stop posting so fast