FBI follows the rainbow

Some of my friends are gold bugs. Money cranks. People who think it is important that governments abandon fiat money and return to some sort of commodity standard (like gold, or silver, or platinum, or whatever).

Ron Paul advocates making alternative, commodity-backed currencies, legal to compete with the gov-says-so-backed currency.

I have to admit, I'm not sure I understand what all the hubbub is about. But that's beside the point. I don't care to argue the pros and cons of commodity-backed currency. What matters is that I've purchased silver and copper coins before, and I like the idea of owning gold. The silver coins I have include Ron Paul silver dollars, and I had an order in at Liberty Dollar for bronze Ron Paul dollars.

Then I received the following email earlier today.

Dear Liberty Dollar Supporters:

I sincerely regret to inform you that about 8:00 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville.

For approximately six hours they took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars that where just delivered last Friday. They also took all the files, all the computers and froze our bank accounts.

We have no money. We have no products. We have no records to even know what was ordered or what you are owed. We have nothing but the will to push forward and overcome this massive assault on our liberty and our right to have real money as defined by the US Constitution. We should not to be defrauded by the fake government money.

But to make matters worse, all the gold and silver that backs up the paper certificates and digital currency held in the vault at Sunshine Mint has also been confiscated. Even the dies for mint the Gold and Silver Libertys have been taken.

This in spite of the fact that Edmond C. Moy, the Director of the Mint, acknowledged in a letter to a US Senator that the paper certificates did not violate Section 486 and were not illegal. But the FBI and Services took all the paper currency too.

The possibility of such action was the reason the Liberty Dollar was designed so that the vast majority of the money was in specie form and in the people’s hands. Of the $20 million Liberty Dollars, only about a million is in paper or digital form.

I regret that if you are due an order. It may be some time until it will be filled... if ever... it now all depends on our actions.

Everyone who has an unfulfilled order or has digital or paper currency should band together for a class action suit and demand redemption. We cannot allow the government to steal our money! Please don’t let this happen!!! Many of you read the articles quoting the government and Federal Reserve officials that the Liberty Dollar was legal. You did nothing wrong. You are legally entitled to your property. Let us use this terrible act to band together and further our goal – to return America to a value based currency.

Please forward this important Alert... so everyone who possess or use the Liberty Dollar is aware of the situation.

Please click HERE to sign up for the class action lawsuit and get your property back!

If the above link does not work you can access the page by copying the following into your web browser. http://www.libertydollar.org/classaction/index.php

Thanks again for your support at this darkest time as the damn government and their dollar sinks to a new low.

Bernard von NotHaus

I'm guessing this means no RP bronze dollars for me... (Yes, I've signed on to the class action lawsuit against the Feds.)

I have no idea why they would raid Liberty Dollar. I'm just now trying to get in touch with von NotHaus to see if he'll come on my radio show to talk about all of this. I'll let you know if I book him.