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Breaking The Silver Manipulation Barrier

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Alt-Markets.com

Brandon Smith

In 2011, so far gold has been the champion investment above and beyond any contender, including stocks and equities. At the announcement of the S&P downgrade of America’s credit rating, only gold showcased immunity. In fact, gold has thrived (as we predicted) in the face of any potential economic threat, from deflation in stocks, to inflation of fiat currencies. Some may wonder, though, where silver has been while its big brother is flexing its investment muscle? While traditionally, silver tends to follow market surges in gold, the past eight months have been rather confusing for the cheaper metal. Admittedly, silver has performed far beyond the predictions of slow witted mainstream skeptics, but it still has not come anywhere near its true potential, especially in light of gold’s incredible strides. Many may be wondering how it was possible for gold to stampede into the $1800 an ounce range after the downgrade while silver stayed completely static at around $40 an ounce. The behavior of commodities markets has been, indeed, very strange… More

Alternative markets….A concept for survival

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Brandon Smith will be our guest on Thursday May 25th, on blogtalk.  The alternative markets vision is his creation and is booming!  This is an introductory article explaining the alternative markets concept.  For more information and current news on Alternative Markets, please go here:

http://www.alt-market.com/

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If you want something done right, you might well have to do it yourself. We’ve heard the old adage before, but rarely do we ever seem to apply it to our economic environment. Instead, we have seen fit to allow “smarter” men to take the reigns, and take control, of our financial well being, all on misplaced faith in the supposed good intentions of government and corporate bodies. This cultural attitude of non-involvement in the economic decision making process has cost millions of Americans their jobs and now threatens the stability of our currency, our nation, not to mention our very future. Many of us have become entirely dependent on only a handful of men for our own livelihoods. It is time to take greater stock in ourselves, our ingenuity, and our ability to create and adapt. It is time to take responsibility for our own commerce, and breathe life back into local communities once again. It is time for an alternative…

The greatest threat to the U.S. economy today is forced globalization and the fiat central banking system. Many organizations are working to expose, audit, and even shut down the private Federal Reserve, which is responsible in large part for facilitating the mortgage and derivatives crisis as well as the continued devaluation of our dollar. This is a vital effort that requires the utmost support from all facets of the Liberty Movement. However, there is another matter that needs to be addressed in tandem with any endeavor to remove our destructive central banking system…

Much of the damage that can be inflicted on our economy has already been dealt. As neithercorp and many other websites devoted to honest financial analysis have shown time and again, our fiscal structure is teetering on the brink of oblivion, our so called “recovery” is a façade fed by skewed statistics and rivers of fiat money dumped into banks and stocks, and our purchasing power is being crushed by a deliberate campaign to slow-kill the greenback. Only now are greater signs of this disaster being revealed to the masses as real unemployment remains essentially static and prices of base goods skyrocket. Even with a successful initiative launched against the Federal Reserve, we would still be left with a faulty, crumbling, debt based architecture We can pull the iceberg from our shattered ship, but the ship is still going to sink. More

Worth a second look: Silver Shines as an Economic Solution

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Live Link: Morphcity.com

By Cassandra Anderson
September 28, 2010

Idaho State Representative Phil Hart authored the Idaho State Silver Gem Act earlier this year which allows for the Idaho State Treasurer to issue silver medallions and make them available to the public; people may use them for any purpose they want and will have the option of paying their State taxes with the silver.  The benefits of the Silver Gem Act are:

• Silver can be used as an alternative currency, outside of the banking system

• Jobs will be created in the metal refining industry in Idaho

• Silver- and gold- are a protection against inflation for both the public and Idaho State 

The Idaho Silver Gem Act serves as a model that other states and local governments can use.  If the bill passes, people can use silver with confidence because the government of Idaho will accept it, too.   The Idaho Silver gem Act will also help to prevent possible federal precious metal confiscation. More

Proposed bill slams Fed, allows payments in precious metals

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http://www.midasresources.com/MarketNews.html

State considers return to gold, silver dollars
By Drew Zahn- WorldNetDaily

A bill being considered in the Montana Legislature blasts the Federal Reserve’s role in America’s money policy and permits the state to conduct business in gold and silver instead of the Fed’s legal tender notes.

Montana H.B. 639, sponsored by State Rep. Bob Wagner, R-Harrison, doesn’t require the state or citizens to conduct business in gold or silver, but it does require the state to calculate certain transactions in both the current legal tender system and in an electronic gold currency. It further mandates that the state must accept payments in gold or silver for various fees and purchases.

While Wagner was unavailable for comment, the bill’s language clearly alleges the nation’s current financial system, with its reliance on the private Federal Reserve system for money supply, is a danger to American freedom.

“The absence of gold and silver coin, whether in that form or in the form of an electronic gold currency, as media of exchange,” the bill states, “abridges, infringes on and interferes with the sovereignty and independence of this state … and exposes this state and Montana citizens, inhabitants and businesses to chronic problems and potentially serious crises that may arise from the economic and political instability of the present domestic and international systems of coinage, currency, banking and credit.”

Further, the bill states, relying only on the depreciating legal tender issued by the Fed subjects citizens to “losses in purchasing power” inflicted by the government, a dilemma the bill says amounts to the “incremental confiscation” of property by government in violation of the U.S. Constitution’s protections for just compensation and due process.

The Fifth Amendment states, “No person shall be … deprived of life, liberty or property, without due process of law; nor shall private property be taken for public use, without just compensation.”

Critics of the current financial system argue that using Federal Reserve notes as legal tender, rather than gold- or silver-backed currency, means the value of Americans’ money � and thus their “property” � is siphoned away by inflation, a process perpetuated by the government’s reliance on legal tender. Gold and silver, critics say, don’t lose their value on the whims of the Federal Reserve.

U.S. Rep. Ron Paul, R-Texas, even favors abolishing the Fed’s system of fiat currency to return to dollars backed by gold.

“Throughout its nearly 100-year history, the Federal Reserve has presided over the near-complete destruction of the United States dollar,” the Texas Republican said. “Since 1913 the dollar has lost over 95 percent of its purchasing power, aided and abetted by the Federal Reserve’s loose monetary policy.

“How long will we as a Congress stand idly by while hard-working Americans see their savings eaten away by inflation? Only big-spending politicians and politically favored bankers benefit from inflation,” he said.

Wagner joins legislators in several other states encouraging their respective governments to reconsider accepting gold as a form of payment. Indiana’s S.B. 453, Colorado’s H.B. 09-1206, Missouri’s H.B. 0561, Georgia’s H.B. 430 and Maryland’s H.J.R. 5 are among the gold currency bills introduced just this year in various legislatures.

Montana’s H.B. 639 has been referred to the Legislature’s State Administration Committee.

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