Liberty Dollar
Liberty Dollar Wikipedia
The Liberty Dollar is a private currency embodied in minted metal pieces (referred to as rounds) and gold and silver certificates (ALD), and electronic currency (eLD). ALD certificates are warehouse receipts for real gold and silver formerly owned by ALD certificate holders. The metal was warehoused at the Sunshine Mint in Coeur d'Alene, Idaho prior to a November, 2007 raid by the Federal Bureau of Investigation (FBI) and the Secret Service. Reason Magazine online November 16, 2007 http://www.reason.com/blog/show/123553.html Until July 2009, the Liberty Dollar was distributed by Liberty Services (formerly known as NORFED), based in Evansville, Indiana. It was created by Bernard von NotHaus, the co-founder of the Royal Hawaiian Mint Company.http://www.libertydollar.org/news-stories/pdfs/1166043540.pdf In May 2009, von NotHaus and others were charged with federal crimes in connection with the Liberty Dollar and, on July 31, 2009, von NotHaus announced that he had closed the Liberty Dollar operation, pending resolution of the criminal charges.July 2009, Vol. 11 No. 7, "Liberty Dollar Closed", at [http://www.libertydollar.org/ld/pr_nl/07_31_2009.htm].
Move Down to $20 Base is Coming
The Liberty Dollar has demonstrated repeatedly that a free market private barter currency based on silver works and we are set to validate the model again this time with a move DOWN as appropriate when silver moves down. The model is so effective; the Liberty Dollar is beginning to see copycat silver community currencies on the internet. However, it is unclear whether the copycat currencies will move down as the free market is clearly calling for or if they will continue to assume that all markets go up forever. Silver's 30 Day Moving Average dropped under $15 on September 3rd, 2008, and must stay below $15 for 135 consecutive days to force a Move Down from the $50 base to the $20 base. This means that we move down January 16, 2009. Today the 30 DMA is $9.77. The Liberty Dollar is on track to move down.
Move Up Points:
$10 to the $20 Silver Base is 30DMA over $7.50 for 30 consecutive days.
Note: The Liberty Dollar moved up from the $10 base to the $20 base on Thanksgiving Day, November 24, 2005. Holders of the Liberty Dollar doubled their money.
$20 to the $50 Silver Base is 30DMA over $16.00 for 45 consecutive days.
Note: The Liberty Dollar Moved Up to the $50 Silver Base on March 23, 2008.
$50 to the $100 Silver Base is 30DMA over $41.50 for 60 consecutive days.
$100 to the $250 Silver Base is 30DMA over $84.00 for 75 consecutive days.
$250 to the $500 Silver Base is 30DMA over $211.50 for 90 consecutive days.
Move Down Points:
$20 to the $10 Silver Base is 30DMA under $6.50 for 90 consecutive days.
$50 to the $20 Silver Base is 30DMA under $15.00 for 135 consecutive days.
Note: This is where we are with a current Move Down point of January 16, 2009.
$100 to the $50 Silver Base is 30DMA under $40.50 for 180 consecutive days.
$250 to the $100 Silver Base is 30DMA under $83.00 for 225 consecutive days.
$500 to the $250 Silver Base is 30DMA under $210.50 for 270 consecutive days.
Liberty Dollar source of 30 DMA is Scotia Mocatta.
Liberty Dollar on CafePress
Nickel Buffalo Greeting Card
<FONT color=RED>More Indian Head/Buffalo Commemoratives, click <a href="http://www.cafepress.com/artemiszuna/1077984"target=_top>HERE</a>.
Liberty Dollar 2.25" Button (100 pack)
Show your support for the Liberty Dollar! Educate your fellow Americans about their right to own gold and silver. Promote a value-based currency that withstands inflation!
Honk if trillion scares you Sticker (Bumper)
Remember when we were scared of Billion dollar deficits? Ahhh, the good old days. Thanks Obama. You have any change to spare?
Free State Project's 2008 Liberty Forum
Reader Feedback
"Paper money eventually returns to its intrinsic value ---- zero." ~VOLTAIRE (1694-1778)
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Reply
- d-artist d-artist Sep 30, 2008 @ 9:58 am
- I love the Liberty dollars and have quite a few, starting with the ones from the slot machines we won when getting married in Reno Nv. 5*s
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