|
 |
|
Evansville, Indiana. October 27, 2005 The Liberty Dollar organization announced that on Tuesday, October 25, 2005, the 30-day moving average (30DMA) for silver moved over $7.50, and the Liberty Dollar entered the 30-consecutive-calendar-day slot to Moveup to the $20 Silver Base. Bernard von NotHaus, the Monetary Architect who designed and developed the Liberty Dollar, considers this Moveup to be the second most important event after the actual introduction of the currency, just seven years ago.
As has been widely discussed and anticipated by many supporters of the Liberty Dollar, the new gold and silver currency now appears to be set to double, if the 30DMA stays over $7.50 for 30 consecutive calendar days. The Liberty Dollar entered the 30-day slot twice in 2004, but the price of silver retreated and the currency did not Moveup. And while this was met with disappointment by many, Bernard acknowledged that he was relieved that his econometric feature worked just as it was intended to work.
Will the Liberty Dollar Moveup this time? It would appear so. With prices zooming along, the housing bubble threatening to burst, a costly war raging out of control, and a new Fed governor on the horizon, there seems little hope that the US Dollar will ever regain any backing. And as chance would have it, the US national debt also exceeded $8 trillion US Dollars on Tuesday, October 25th. I am sure that the Liberty Dollar will double now that I just spent a ton of money on a new batch of $10 base Silver Certificates, which will now become wallpaper.
All existing Liberty Dollars, regardless if they are in silver, paper or digital, will double when the 30DMA exceeds $7.50 for 30 consecutive calendar days. Is this much-anticipated doubling some kind of devaluation or scam? No, it is simply the result of the Liberty Dollar responding to the market as it was designed to do. Doesn't it just make sense that when the commodity that backs up the currency increases in value, shouldn't the purchasing power of that currency increase in value? Absolutely! And isn't that the essence of an inflation-proof currency? Of course! In fact, that is the only way that higher commodity prices can be accommodated by a free market currency.
I can remember when I could buy four gallons of gasoline for a buck. At that time, the dollar was backed by silver. Well, guess what? I can still buy four gallons of gas for about the same amount of silver. So the price of gas has not gone up; it is the value of the government's little pieces of green paper that has gone down. This proves that silver holds it value. So please don't be deceived when you hear the word "inflation." There is NO INFLATION! It is THEFT. Theft of your purchasing power. THAT'S the real scam! As the government in cahoots with the Federal Reserve has diluted the value of the US Dollar, your purchasing power has been stolen. Please don't be deceived by the spin put out by the government's economic yes-men. Please acknowledge the theft and protect your all-important purchasing power by using the Liberty Dollar - already America's second-most-popular currency. Trust me! You must protect the purchasing power of your money because the government can't. They don't have any real money!
So if the 30DMA holds for 30 days, the Liberty Dollar will double on Thanksgiving Day, Thursday, November 24! WOW.what a day to give thanks as we take a bold step toward returning our great country to value. But of course, the Liberty Dollar office will be closed that day and as is the custom, the office will also be closed on Friday, November 25 and the weekend. So Monday, the 28th will be the first day to exchange your $10 Silver Base currency for the new $20 currency.
Please note: All digital Liberty Dollar accounts will double automatically on Friday night, November 25th. There is no cost to exchange the paper Silver Certificates at your Regional Currency Office (RCO) or via the National Fulfillment Office in Evansville as soon as the new $20 Silver Base certificates can be printed and distributed. Just remember that the paper currency will not be printed until the currency has actually moved up to the new $20 base. Of course the old $10 base Silver Certificates can be surrendered for redemption at any time before the 20-year expiration date. There is a fee to exchange the one ounce Silver Liberty's because they must be reminted. To thank the current supporters of the Liberty Dollar, the $3.00 reminting fee will be reduced to only $1.50 per Silver Liberty until January 31, 2006. So it will only cost you $1.50 to double your money if you are holding Silver Liberty's. Starting February 1, 2006, the reminting fee will be $3.00 per one ounce Silver Liberty. Please take action and a big dose of patience as we all work our way back to value and Moveup to the $20 Silver Base. PLEASE INCLUDE PAYMENT FOR THE REMINTING FEE AND SHIPPING WHEN YOU SHIP SILVER LIBERTY'S TO YOUR RCO OR THE EVANSVILLE OFFICE. OTHERWISE THOSE FEES WILL BE TAKEN OUT OF THE LIBERTY DOLLARS YOU SUBMIT FOR EXCHANGE. ALL PAYMENTS MAY BE MADE IN "USD" OR "ALD."
Want to double more of your money? Don't wait! Assuming the 30DMA stays above $7.50, you have until noon on Wednesday, November 23 to get Liberty Dollars at the $10 base and double your money. Don't be deterred by "no man's land" of very thin margin during these 30 days. Please take action before silver goes up and make it easier on the office too.
Remember the Moveup Point was specifically designed to be difficult to attain, because a study of the silver market is a study of volatility. One of the main problems encountered in designing the new free market Liberty Dollar was how to accommodate silver's free-market behavior. The solution was (1) to develop the Silver Base and tie it to the currency's face value, and (2) to tie the Moveup Point to 30DMA of silver versus the spot price. This brings the "time factor" into the equation and induces a stabilizing effect. When the $10 Silver Base (one Troy ounce of .999 fine silver backs $10 Liberty Dollars) moves up to the new $20 Silver Base (one Troy ounce of .999 fine silver backs $20 Liberty Dollars) the first working model of an inflation proof currency -- owned by the people who use it - will have made a major step forward.
As the Moveup Point is very important, the Liberty Dollar uses an independent, third party source for its 30DMA so there is a definitive point that is readily available and easily verifiable by everyone. Just like the monthly audits, there is total transparency for this econometric stability-inducing feature of the Liberty Dollar to protect it from the erratic actions of a free silver market. You can follow the 30DMA and watch it develop by simply going to ScotiaMocotta at The 30DMA silver is at the bottom of page three. http://www.scotiamocatta.com/prec/pdfs/pm_daily.pdf.
Interesting side note: the Mocatta family name dates back to the early 1600s, and was one of the founding families of the Bank of England in 1694. Mocatta is now part of ScotiaMocatta, which is a division of the Bank of Nova Scotia, a Canadian Bank. Their 30DMA is based on the London Metals Exchange (LME) silver prices, which are different from the New York Commodity Exchange (COMEX).
For further info regarding "What happens when silver goes over $10 an ounce?" and the two previous times that the 30DMA was over $7.50, please visit http://www.libertydollar.org/html/silverover10.asp.
And for additional info about silver, please contact David Morgan, a fellow Liberty Associate and the "Silver Guru" who agrees that silver holds an incredible potential for you and our country. "I became a Liberty Associate because I like the Liberty Dollar. It makes economic sense and using it is the right action for our country. We need a currency backed by real substance, backed by gold and silver. Real money for real Americans." David contributed the silver chapter in "The Liberty Dollar SOLUTION to the Federal Reserve" 500-page treatise and currently publishes "Silver Investor" an outstanding monthly newsletter that is available at http://www.silver-investor.com.
PS: Please join Ed Griffin, his wife Pat, Stan Solomon, and myself at the Health, Wealth, and Self Conference in Indianapolis this weekend.
WHEN: Saturday, October 29, 2005 1:00 - 9:00 P.M.
WHERE: Clarion Hotel & Conference Center, 2930 Waterfront Parkway West Drive, Indianapolis, Indiana 46214, (317) 299-8400. (Overnight Special: $67.00) [on Indy's west side]
PRICE: Members of Freedom Force Special: $40, (Membership is free. Join now, or at the event.) Non-members, Individuals: $75, Couples: $100, Students: $50.
Plus also door prizes, handouts, and discounts on books and other items.
Phone orders: 317-264-0030 M-F 10 am - 5 pm Eastern Standard Time Or Make the check/Money Order Payable to: Pedigree Investments P O Box 1391, Indianapolis 46206-1391
For further Information, contact Alan McConnell: Phone: 317-264-0030 - email: alan@mail.org
Hope to see you there!
Bernard von NotHaus Monetary Architect / Editor .
This is a crazy world. What can be done? Amazingly, we have been mislead. We have been taught that we can control government by voting. The founder of the Rothschild dynasty, Mayer Amschel Bauer, told the secret of controlling the government of a nation over 200 years ago. He said, "Permit me to issue and control the money of a nation and I care not who makes its laws." Get the picture? Your freedom hinges first on the nation's banks and money system. Freedom is connected with Debt Elimination for each individual. Not only does this end personal debt, it places the people first in line as creditors to the National Debt ahead of the banks. They don't wish for you to know this. It has to do with recognizing WHO you really are in A New Beginning: A Practical Course in Miracles, an informational study. Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein. I disapprove of what you say, but I will defend to the death your right to say it. (attributed to Voltaire), but certainly embodies what the 1st amendment of the constitution refers to as the freedom of speech
Bill of RightsAmendment 1Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.
|
|
For Email Marketing you can trust
|
||||||||||||||||||||||||||||||||||
Queen
Victoria
