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Liberty Dollar - Ambushed & Closed

Written by Subject: Precious Metals
July 2009 Vol. 11 No. 07

Liberty Dollar Closed

Who is suffering the biggest and most pervasive monetary losses? U.S. households have lost the most: $1.39 trillion in the third and fourth quarters of 2007... a gigantic $10.89 trillion in 2008... $1.33 trillion in the first quarter of 2009... $13.87 trillion at the end of March 2009 - by far these are the worst household losses of all times with equally massive consequences for 2010. The question is: Are you going to allow the government money to deprive your family of its purchasing power and become an indebted monetary slavery or are you going to take action and help us win? This is your opportunity to take a stand for a value based private voluntary barter currency vs. government money made out of fowl hot air.

Table of Contents:
1. Liberty Dollar - Ambushed & Closed
2. Pending Orders
3. Please Donate Something
4. Come to the Trial
5. News Articles
6. US Debt Clock is Ticking
7. On a Happy Note
8. Thank you

Dear Liberty Dollar Supporters!

1. Liberty Dollar - Ambushed & Closed

It is with a very heavy heart that I regret to inform you that I have suspended (closed) the Liberty Dollar operation… until I am acquitted.

Trust me, after 23 years of research and development plus almost 11 years of practical application in the marketplace, I did not make this decision easily. When I discovered that the FBI had issued an arrest warrant for me, I "self reported" i.e. turned myself in to the US Marshals on June 4, 2009. After I was booked and made a very quick court appearance in Fort Myers, Florida, I was released on an Appearance Bond with certain terms such as: don't violate any laws, call every Tuesday, fax a report every month, etc. But when I made my "Initial Appearance" in the US District Court in Charlotte on July 6, 2009, I was ambushed by the DOJ Prosecutor with FBI Agent Romaguolo grinning by his side. At the Prosecutor's insistence, Judge Cayer issued an Oral Order: (Restricted)Setting Conditions of Release with additional condition: * Defendants shall not circulate or aid in the circulation of any coins or currency in relation to the Liberty Dollar Operation* by Magistrate Judge David S. Cayer on 7/6/09. Please note this is not exactly what the Judge said in court, this is the written record, so upon leaving the courtroom I thought the Liberty Dollar was still secure even though the Judge's wording was vague. But it should not be any surprise to you that vagueness could be deliberately used against me. Plus I initially thought that if I was incarcerated, I could bail out, but that turned out to be impossible. While the Eighth Amendment states: "Excessive bail shall not be required…," it does not specify that a bail must be set. So the US Congress passed a law that permits Federal Courts to set no bail. The US Supreme Court has upheld that law as Congress legally passed it. The simple truth is that Federal Courts in North Carolina do not set any bail. If you are arrested for a federal offense in North Carolina you are either out on an Appearance Bond or you sit in jail until your trial, which is usually over a year for serious offenses such as counterfeiting and murder. Given such a stern "choice," I "chose" the Appearance Bond with all its encumbering terms and am forced to close the Liberty Dollar until I am acquitted. I trust you can commiserate with my "decision."

My most heartfelt thanks for your support of the Liberty Dollar at its hour of need and in face of such uncertainty. You have been WONDERFUL and I am deeply grateful for your support.

With your continued help we can win this case!

I am represented by: Deke Falls

Kevin Innes is represented by: Claire J. Rauscher

Sarah Bledsoe is represented by: Joe von Kallist

Rachelle Moseley is represented by: Matthew Pruden

2. Pending Orders

I regret that your pending order is delayed. We are pursuing legal action so we can fill all orders placed before the Judge issued the Oral Order. I will contact you if you placed an order after the Oral Order of July 6. Your continued patience would be greatly appreciated as we give this our best shot. IF YOU PAID WITH A CREDIT/DEBIT CARD - PLEASE DO NOT CHARGE BACK OR CANCEL YOUR ORDER WITH YOUR CARD COMPANY… AS THIS WILL HAVE A DISASTROUS EFFECT ON THE LIBERTY DOLLAR. If you must cancel your order, please email me and I will contact you personally. We are working on this matter and will resolve it ASAP. I will also send an email to you as soon as I know when you can expect your order.

3. Please Donate Something

Now, if you think that the Liberty Dollar case is vitally important to the future of free
market money that is value based, especially honest money of just weights and measures, then I invite and encourage you to take action. No, you don't have to "get involved." All you need to do is send something. Money in any form is good or anything we can sell on eBay is OK too. While the government has to pay for our defense, we still have to cover transportation and expenses for meetings with our attorneys and the trial. If you prefer value based, private money that appreciates vs. depreciating fiat government money - please do something to support the Liberty Dollar. Please note: Any donation is not for the Legal Defense Fund as the Judge has barred us from raising funds for our defense because the government is paying for our defense. Sweet, eh? Please send your donations to Liberty Dollar, 527 N. Green River Road, Suite 158, Evansville IN 47715. Thanks again for your continued support.

4. Come to the Trial

Got a dog in this fight? My apologies if you are holding some of the Warehouse Receipts, had your property confiscated or have not received your order. I encourage you to plan now to come to the trial that most likely will be in the first part of 2010. As the government has been working on their case for two years, we need sufficient time to organize our case and schedule witnesses, etc. Plan now for a trial in January at the earliest and I will keep you informed via the monthly Liberty Dollar News as we count down to liberating the Liberty Dollar and returning your property.

5. Two News Articles

Several news articles have hit the press.
The Morning News - Springdale, Arkansas ran a story about the Ozark Hours that specifically pointed out that it was "Not A Liberty Dollar." That is probably a good thing.J Click HERE to read.

The Best of The S&A Digest- Weekend Edition ran an article that "…applaud the fact that a few Americans at least have gotten fed up enough with the government's funny money and done something about it." Click HERE to read the whole article.

6. US Debt Clock is Ticking

Have you been keeping an eye on the US Debt Clock? You should! Especially if you think the world is headed toward a runaway hyperinflationary depression. History is very compelling on this point. In fact, every hyperinflationary currency has ended in a dictator. Don't believe me? Just take a quick read of the independent opinions HERE. I also highly recommend reading: "Fiat Money Inflation in France" by Andrew Dickson White. It is short and super! Do you remember the stories of people using wheelbarrows of money to pay for dinner? Well, just consider this: A few months ago, one ounce of .999 fine silver cost about $12 USD just as it cost 12 German marks to buy one ounce of silver in January 1919. But just four years later in November 1923, when Hitler said he was going to CHANGE Germany, the same ounce of silver cost 543,750,000,000! Did those stubborn Germans protect their purchasing power from the hyperinflation? Hell no! Did they lose everything? Hell yes! Did Hitler change Germany? Yes! Makes one wonder how Obama will "change" America. So I urge you to protect yourself from government money! Buy silver!!! And keep buying silver until a sound value based monetary system returns to the market place. Americans and all the people of the world are being pushed towards a global runaway hyperinflationary depression. Not since the Fall of Rome and the 500 years of the Dark Ages has your money been in such danger of debasement. Don't believe me? Just check out the US Debt Clock.. Time is ticking and you are losing your purchasing power with every tick. Please take action - before it is too late!

7. On a Happy Note

Meanwhile, as the world economic system rushes towards a dynamic collapse… Judge Cayer also granted my request to escort my 90-year young mother to the Senior Olympics at Stanford University where she hopes to win some medals for swimming in the 90-94 age bracket - in spite of very tough competition. I will report the results next month.

8. Thank you

Thank you for your support, prayers, orders and on rare occasions - donations. I sincerely regret the government is wrongfully holding your property and causing difficulties in filling your order at this time. I will continue to work tirelessly to resolve these issues and secure the return of your property ASAP.

Closing Remarks:

Seems like we should do something to commemorate the 11th anniversary of the Liberty Dollar on October 1. If you have any suggestions, other than filling your order and returning your property, please email them to me.

Again, my thanks for your continued support. These are tough times and it takes tough people to bring about a free and independent currency that provides us with "just weights and measures" and throw off the yoke of a manipulated monetary/tax system and generate a peaceful and prosperous society.

Thank you again for all your efforts to return America to value - one dollar at a time!

Bernard von NotHaus
Monetary Architect/Editor

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