Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Quick! Hide Your Ron Paul Dollars

Loading...

Sign in or sign up now!
10,023
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 16, 2007

Secret Service and FBI agents raided the makers of Ron Paul silver dollars, Liberty Dollar of Evansville, Ind., early Thursday in a move likely aimed at stamping out an illegal currency.

The company started selling precious-metal coins stamped with an image of Paul earlier this year, with the first one made of silver available in July. Part of the marketing for the coins involved a promise that part of the sale price would be donated to the Paul campaign.

But if the raid results in the conviction of anyone involved, it is possible that the Paul campaign may have to return a cash donation made by Liberty Dollar.

The silver coins, which weigh one troy ounce, were sold for $25 each, with $5 being promised to help fund Paul's presidential bid. The gimmick fit in well with Paul's campaign promise to bring back the gold standard of monetary policy in which precious metals would back paper dollars.

So far, Liberty Dollar has donated $2,300 to the Paul campaign, a fact confirmed by both Paul's office and Bernard von NotHaus, who runs Liberty Dollar.

As a result of the raid, prices for the silver coins have skyrocketed, with Ron Paul silver dollars, which were available from Liberty Dollar at $25 on Wednesday, selling for $220 on eBay

http://www.thestreet.com/s/raid-on-ron-paul-dollar-maker/markets/marketfeatur...

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 3 dislikes

Link to this comment:

Share to:

Top Comments

  • i wan't a ron paul monney

  • The world is quickly waking up to the paper money scam.

see all

All Comments (90)

Sign In or Sign Up now to post a comment!
  • Good true honest money always drives out fake, phoney, fiat money. Govt knows this and they don't want any competition. They are counterfeiting fake money whereas these people were making honest true silver coins or paper which could be redeemed in true silver. Had that gone on long enough, the paper fiat "money" (sic) in circulation now would be to where people wouldn't want to take it. They would want true money. RN

  • or the banks taking away your house because they put up interest rates to a point that you can't afford to pay the extra money they demand. WELCOME TO THE REAL WORLD.

  • Justice won't have anything to do with the courts determinations. If the Liberty Dollars in any way "compete" with or circumvent the establishment currency, then the establishment will smash that competition. Have no doubt. Justice belongs to the government.

  • no what you are trading there are like bonds set for the price of precious metals congress only has the power to print or "coin" money reflecting GDP other materials, securities etc essentially using cash to facilitate trade thereby upholding constitutional concepts of We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the

  • garden seed, poor man's gold.

    one seed grows a plant and the plant in 4 months gives you back 1,000 seeds. Dry them and save some to plant and the rest for food, medicine and weapons.

  • Generally speaking..the people who favor big government don' t realize the fed is private and enjoy receiving there entitlements.And those who are against it don't trust neither corporation or the government. The constitution never intended for the government to provide for us. It was intended to protect us .

  • I have a question. Some people say we should trust the government, and distrust corporations. And yet the Federal Reserve itself is a private corporation with a total monopoly on the U.S. money supply. So how is this acceptable to either a) people who favor big government, or b) people who are against an invasive government?

  • Protect against inflation. Buy Ron Paul Liberty Dollars today. LibertyDollar Org

  • Shit, the government claim ownership of your body! Of course they're gonna pull shit like this. YES VIOLENCE IS JUSTIFIED!

View all Comments »
Loading...

0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more