Feds Try To Confiscate $7 Million In Silver Liberty Dollars

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Mon, 04/04/2011 - 15:01 | 1133631 tallen
tallen's picture

Looks like they need to seize another few billion ounces to cover JPM's short

http://www.youtube.com/watch?v=givYu6BW_mk&feature=player_embedded

Mon, 04/04/2011 - 15:02 | 1133693 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The war has escalated.  They are fighting fire with fire.  Their shorts are no longer functioning, we won that battle, but we need to keep the heat on!  Buy silver!

Mon, 04/04/2011 - 15:19 | 1133770 American Dissident
American Dissident's picture

Whats this, Government's afraid of system avoidance and consumer empowerment that challenges their enumerate collectivist Ponzi pledging idiocy.

S H O C K I N G 

Mon, 04/04/2011 - 16:35 | 1134222 Holodomor2012
Holodomor2012's picture

Dont like gefilte fish?  EXTREMIST!

 

Mon, 04/04/2011 - 14:52 | 1133632 Strider52
Strider52's picture

There is no more Silver, Bitchez

Mon, 04/04/2011 - 14:53 | 1133634 SheepDog-One
SheepDog-One's picture

Thugocracy.

Mon, 04/04/2011 - 15:15 | 1133749 DoChenRollingBearing
DoChenRollingBearing's picture

Yes.

OK, he should not have written "dollars" on his coins, but why are they targeting him rather than the criminial banksters?

Mon, 04/04/2011 - 15:49 | 1133960 Hero Protagonist
Hero Protagonist's picture

Agreed.

Looking at (Title 18 USC 486)  http://www.law.cornell.edu/uscode/718/usc_sec_18_00000486----000-.html, it appears that it doesn't matter whether you try to impersonate a coin or not.  Bottomline: You can't create a coin to compete period.  Is that possible?

Mon, 04/04/2011 - 16:07 | 1134036 Anonymouse
Anonymouse's picture

Agree he was foolish in how he did it.
But one thing I never heard the feds explain was how a "counterfeiting" scheme of buying silver at $38 and coining it for us as a $1 coin was going to be sustainable for long. If infiltrating the coins into general use to confuse the public was the concern, that implies they would be used for exchanges worth $1.
Who would do that?

Mon, 04/04/2011 - 16:20 | 1134143 Sheikh Djibouti
Sheikh Djibouti's picture

I remember seeing Von Nothaus on a promotional video clip in the 'early days' of internet video clips, circa 1999.

In the segment he spends some of his silver coins at local merchants who seem downright confused, but end up accepting the coins (at least, the ones that made it into the clip did).

I remember thinking at the time that it was sort of strange trying to spend them as legal tender, as at the time the new Sacagawea dollar coin had just came out and I was trying to get more people to use it (alas, they are rusting in vaults now).

While his ethics were in the right place, the Feds targeted him for other reasons and although I think he should simply be reprimanded and fined, there are clearly alternative motives to their bringing a case against him.

Mon, 04/04/2011 - 16:57 | 1134343 Bagbalm
Bagbalm's picture

The dollar sign first showed up on pieces of eight. They have dollars in Canada, Australia, Bahamas, and a bunch more. Don't bring any back from vacation unspent now or you may be a rightwing terrorist...

Mon, 04/04/2011 - 19:42 | 1134921 mick_richfield
mick_richfield's picture

Really?

And why not?

They don't own that word.

We do.

I will outlive the United States of America.

 

Mon, 04/04/2011 - 19:47 | 1134935 mick_richfield
mick_richfield's picture

Before the United States existed, there were Americans.

After the United States ceases to exist, there will be Americans.

And after the tyranny is dead, we will lead the world again.

 

 

Mon, 04/04/2011 - 20:51 | 1135153 FIAT_FixItAgainTony
FIAT_FixItAgainTony's picture

amen brother mick!  the word "dollar" has many different meanings and is used by many different countries.  i call bs on this alleged terrorist conviction.  it is extremely difficult to avoid use of banks and credit cards but it can be done.  did they have plastic cc's in 1776?  don't think so!

Tue, 04/05/2011 - 00:59 | 1135748 throwitontheground
throwitontheground's picture

You two got it covered!  The law is a whore but the anarchists would rather see Geitner and all the Gov Saks (and all government SACKS OF sheet) with their heads on the chopping block rather than this disaster.  I couldn't agree with you two more..

Tue, 04/05/2011 - 01:01 | 1135749 throwitontheground
throwitontheground's picture

You two got it covered!  The law is a whore but the anarchists would rather see Geitner and all the Gov Saks (and all government SACKS OF sheet) with their heads on the chopping block rather than this disaster.  I couldn't agree with you two more..

Mon, 04/04/2011 - 19:48 | 1134943 destiny
destiny's picture

Oh sh...t, the guy did'nt make it on the bilderbergers list... wrong caste.

Mon, 04/04/2011 - 15:18 | 1133763 Kobe Beef
Kobe Beef's picture

Yep. The feds can bring home a case against a guy minting silver, but haven't indicted or prosecuted anybody related to the banking meltdown.

The cops are bought. Banana Republic USA.

Disgusting, ain't it?

Mon, 04/04/2011 - 20:52 | 1135159 FIAT_FixItAgainTony
FIAT_FixItAgainTony's picture

yes, especially when we grow no bananas in the ol' u s of a!

Tue, 04/05/2011 - 01:03 | 1135755 throwitontheground
throwitontheground's picture

well we can confirm what it feels like to live in a third world nation...very soon if not already.

Mon, 04/04/2011 - 14:53 | 1133635 The Axe
The Axe's picture

Long Silver Long Ammo

Mon, 04/04/2011 - 14:57 | 1133665 Infinite QE
Infinite QE's picture

Need silver bullets to take down vampires.

Mon, 04/04/2011 - 18:51 | 1134761 long juan silver
long juan silver's picture

Yours are bogus

Mon, 04/04/2011 - 15:08 | 1133729 Clampit
Clampit's picture

Yeah, what is the legal velocity limit for compliance with a confiscation order?

Mon, 04/04/2011 - 20:57 | 1135173 FIAT_FixItAgainTony
FIAT_FixItAgainTony's picture

from answers dot com - "In armor and projectile testing, the lowest possible velocity at which any one of the complete penetrations is obtained; since the limit velocity is difficult to obtain, a more easily obtainable value, designated as the ballistic limit, is usually employed."

so, the correct question (still unanswered) appears to be what is the legal ballistic limit for silver projectiles in a confiscation order.

 

Mon, 04/04/2011 - 15:13 | 1133638 Clampit
Clampit's picture

I still think Robert Kahre for POTUS...

"Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism..."

States as terrorists?

Mon, 04/04/2011 - 14:57 | 1133641 SwingForce
SwingForce's picture

Is there no mention that each "DOLLAR" is worth $38.50 today? Only a moron would try slip these into US circulation. How do you front-run stupidity?

Mon, 04/04/2011 - 15:03 | 1133692 Clint Liquor
Clint Liquor's picture

That is irony, isn't it. The Counterfeiter was minting coins of increasing value. Meanwhile the legal tender FRNs are headed to ass-wipe status.

Mon, 04/04/2011 - 15:16 | 1133752 DoChenRollingBearing
DoChenRollingBearing's picture

+++ you guys

Mon, 04/04/2011 - 15:34 | 1133867 Clampit
Clampit's picture

"How do you front-run stupidity?"

Start a government?

Mon, 04/04/2011 - 15:34 | 1133880 DosZap
DosZap's picture

No, and no reason.

He was simply trying to sell Bullion to J6P for the crash.

Where he screwed up was using incorrect wording on the coins.

And trust me, his 7 mil is gone, he was convicted of a Felony, so all his earthly property is now the Feds.

No appeals, screwed.

Mon, 04/04/2011 - 16:28 | 1134181 DivisionBell
DivisionBell's picture

http://www.littletoncoin.com/webapp/wcs/stores/servlet/Product5%7C10001%7C10001%7C-1%7C35757%7C17009

How are these fake mints still in business?  They are making exact replicas of the $50 Gold Buffalo, sans gold.  Bernard had a unique design on his coins, these people are blatently copying official coinage and plating it in gold.  Is the difference that Liberty Dollars actually have value?

 

Mon, 04/04/2011 - 17:53 | 1134596 JoeSexPack
JoeSexPack's picture

Great point, he might walk based on this.

The fake Buffalo nickels have the govt's name & the word 'cents'.

Much more evidence of counterfeiting than Liberty Dollars, or Ron Paul Dollars.

Mon, 04/04/2011 - 17:58 | 1134606 tmosley
tmosley's picture

Exactly.  I don't know what the exact opposite of counterfeiting is, but I'm pretty sure liberty dollars fall under that category.

Mon, 04/04/2011 - 18:26 | 1134693 rosiescenario
rosiescenario's picture

....right you are....that's my take on it...passing off something of lesser value for something of greater value...his crime appears to be more like uncounterfeiting...passing off something actually of greater value than what is recieved in exchange for it....

 

...and then there is the other very obvious fact: his coins bore no resemblence to anything actually in circulation....our government once again makes itself look stupid.

Mon, 04/04/2011 - 14:54 | 1133643 scratch_and_sniff
scratch_and_sniff's picture

Heidelberg GTO, bitches.

Tue, 04/05/2011 - 01:09 | 1135762 Problem Is
Problem Is's picture

Heidelberg Speedmaster 102vp or a row of Miehle 77" 6-colors, judging the Bernank volume...

Hell, the Bernank should go Heidelberg heatset web...

Mon, 04/04/2011 - 14:56 | 1133644 famousamos
famousamos's picture

Silver - to the moon - bitchez!

Mon, 04/04/2011 - 14:54 | 1133645 HamyWanger
HamyWanger's picture

"Not everyone believes in the purity of von NotHaus' motives: "NotHaus' group has been followed for years by the Southern Poverty Law Center, a group that tracks political extremism. Long before the government began its investigation into von NotHaus, the group was raising concerns about the popularity of Liberty Dollars among fringe groups on the far right.

I've always said that bigot, nerdy libertarians were dangerous and racist. 

 

Mon, 04/04/2011 - 14:57 | 1133667 The Axe
The Axe's picture

I resemble that remark!!!

Mon, 04/04/2011 - 15:09 | 1133722 Bastiat
Bastiat's picture

Commies hate real money -- unless it's theirs.

Mon, 04/04/2011 - 15:18 | 1133780 DosZap
DosZap's picture

I would believe BERNANKE before the scum sucking pigs a SPLC.

THe SPLC Makes UP shit about any group that is not ultra left wing.

They are worse than the ACLU.

You own a weapon, have a Concealed carry permit,go to a house of worship,do not agree with ALL the Gov't is doing, against illegal immigration?,you believe in the Constitution?.

Your their ENEMY,just like you are to the DHS.

Mon, 04/04/2011 - 16:15 | 1134108 DoChenRollingBearing
DoChenRollingBearing's picture

+ Dos Zapos!

The SPLC is a leftist bunch of troublemaking scum.  THEY are internal enemies, just like CAIR and many others.

Mon, 04/04/2011 - 17:03 | 1134384 Clueless Economist
Clueless Economist's picture

++++DosZap!!!

Mon, 04/04/2011 - 15:23 | 1133812 trav7777
trav7777's picture

SPLC is jew-run and funded

Mon, 04/04/2011 - 16:05 | 1134035 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

I believe the extremist thing to do is start taking hostages/blowing up innocents until NotHaus is released from prison.  Worked for the PLO didn't it?

 

Mon, 04/04/2011 - 19:49 | 1134944 mick_richfield
mick_richfield's picture

Worked for Israel.

 

Mon, 04/04/2011 - 16:43 | 1134255 SheepDog-One
SheepDog-One's picture

Southern Poverty Zionist Unlawful Center. 

Mon, 04/04/2011 - 14:56 | 1133648 Careless Whisper
Careless Whisper's picture

i hope no one confiscates my farmville dollars.

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