Alternate Currencies Becoming Popular

An AOCS approved 1 oz silver round is worth $50 when used at participating establishments where merchants take them as payment for goods and services

A July 12 2010 Mid Michigan report on local businesses trading precious metal coins and 'rounds'.

A 1965 Law states that private businesses can accept or not accept anything they choose for payment.
See the American Open Currency Standard for more info
http://www.opencurrency.com/

Category:

News & Politics

Tags:

• Competing
• Currency
• Silver
• Gold
• Platinum
• Precious
• Metals
• coins
• Ron
• Paul

[kingofthepaupers]

Jct: If they sound like real money and look like real money, they're looking for trouble. Community currencies that don't look like official money are legal, those that do are being prosecuted like Liberty Dollars. Fools. They incurrred the government's wrath for nothing. Ithaca Hours has been working for decades with no problems!

[davematherly]

@kingofthepaupers

At this point, looking for trouble isn't a bad thing.

Utah, So Carolina, and 11 others are beginning to take Article 1 Section 10 seriously

The States can't print notes, but they can if they choose, coin gold and silver.

Using private rounds and bars IS NOT ILLEGAL.

We need to do as much as possible to take down the Fed Note before it take us down.

Their debasing it is only making it easier to do so.

[SGTbull07]

Wow, GREAT find - this needs to become the trend all over the country. And as the dollar finally begins its ultimate collapse, this WILL likely become the NORM. Super interesting vid report. Thanks Dave! - SGT

PS - again, for the doubters out there. The Coinage Act of 1965: "The (Federal Reserve) notes have no value for themselves, but for what they will buy."

[davematherly]

@SGTbull07

thanks and please do what you do so very well...

send out the link, re-post, add your cool music, etc!

[MrHemingray]

Recently,some bullion coinage was confiscated because it had the word "dollar" on it,plus had the Liberty visage.The feds confiscated all coins and jailed the minter.Apparently,having the word DOLLAR is illegal on all non fed issued coinage/bills.What has happened since then,I have not followed up.However,the feds ARE watching closely what's being used as currency.

[frnz444]

It is not as simple as that. You have to get rid of the fed. they are not a government organization. They are a group of bankers that took over the government in 1933 with FDR and he made a secret deal to let the country go bankrupt so that they could take over the government.

[SpiritSphere12]

Gold Silver and Copper = real money

[SGTbull07]

dave, I gave it a shot - thanks for bringing this remarkable story to everyone's attention! Check it out:

SILVER as Currency in Michigan - Alternate Currencies on the Rise

/watch?v=D4kWlj5lf-4

[SGTbull07]

@davematherly Sweet - I'm on it. Thanks brother.