K.S. Rajan (10 Feb 2012)
"It's for Real - U.S. States Prepare for Dollar Collapse"


Lee Bellinger's Executive Bulletin
Fr:     Stefan Gleason, President
Re:     Foreign Countries, U.S. States Prepare for a Post-Fiat Currency World...
As the Federal Reserve Board defies all precepts of sound money stewardship, a growing number of states are seriously looking at alternative currencies (gold and silver) to help their people protect their wealth.
In the August 2011 issue of our sister publication Money, Metals and Mining, editor David Morgan received this reader question: "What are your thoughts on how the endgame of owning physical silver will go? In other words, what do you think will be the best way to exit physical 'ounces' one day?"
David's answer, in short: "... it will be spent."
David clarified further, "As paper money becomes less desirable, people will want something of 'value' for their labor, service, or good. What I think is very likely to take place slowly at first and then pick up steam is that silver (gold too) will be used to transact all kinds of different business deals – from simple things such as food, all the way up to major purchases such as real estate. Check out Craigslist.com if you're able to do so, and you will find more and more ads that will accept or prefer to deal in silver..."
Many Attempts Taking Place to Help You Spend Your Gold and Silver in the Free Market...
North Carolina Republican Representative Glen Bradley introduced a currency bill last year and is quoted by CNNmoney saying, "In the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System... the State's governmental finances and private economy will be thrown into chaos."
Independent Living Bullion's Monthly Plan for Gold and Silver Accumulation
Last year, Utah was the first state (in a long time) to recognize gold and silver coins minted by the U.S. Government as legal tender for goods, services, and state taxes. In addition, Utah does not levy a tax on bullion (although federal capital gains taxes would still apply).
This year, Idaho legislators introduced the Idaho Constitutional Money Act of 2012, and Washington legislators introduced the 2012 Gold and Silver Legal Tender Act of Washington State.
One of the sponsors for the Washington bill, Representative Matt Shea, says, "Sound money is freedom... The free-market is about competition, and allowing competing currencies is just another extension of that time-honored principle."
In the past three years, more than a dozen states have introduced bills or moves to study the feasibility of using gold and silver as alternative currencies.
Also encouraging is that a number of these states such as Missouri and Georgia are preparing new legislation to introduce in the 2012 session.
Numerous other states are gearing up for the next round of sound money propositions.
Swiss Now Thinking of Bringing Back a Gold-Backed Franc
Over the last few years, sound money initiatives have taken root primarily at the state level. Except for Congressman and presidential candidate Ron Paul, there is not much discussion or activity at the federal level.
On the other hand, Switzerland is discussing introducing a "parallel" gold Swiss franc (NOT backing the current Swiss franc with gold). This new gold Swiss franc would circulate alongside the fiat franc.
"The time is right; the issue simple. We are talking about freedom of choice in monetary matters.... If today's monetary system remains as good as today's authorities claim it is, they shouldn't worry – if it isn't, we, the people, shouldn't be forced to use it," says Thomas Jacob, responsible for bringing the gold franc idea to national attention in Switzerland.
Switzerland was one of the last countries to sever its link to gold. At the time, the law required 40% of issued currency to be backed by gold. This uncoupling happened rather recently, too, in the year 2000.
In an interview with the Daily Bell, Jacob was asked if the Swiss people had forgotten the value and importance of sound money principles.  His reply: "Not the Swiss... politicians and monetary authorities have."
Let Them Have Silver
Sound money is being actively discussed at the national level in Mexico, too. President of the Mexican Civic Association for Silver, Hugo Salinas-Price, says, "In Mexico we have a Congress that is quite well aware of the importance of this legislation [silver coin used as a free and competitive currency in Mexico] and it has broad support both in the Senate and in the Chamber of Deputies [similar to the House of Representatives]... The idea is well understood and approved."
Mexican Libertad
Similar to the Swiss plan, silver will NOT back the Mexican peso. Instead, a one-ounce silver coin called Libertad (Liberty) will be introduced as a parallel currency and freely circulate in the market.
What's interesting about this plan is that it attempts to encourage more savings, and mute out the price volatility normally found with silver.
When the Libertad launches it will be priced slightly above the market rate for silver. If silver rises, the value of the Libertad will adjust up incrementally. But, if prices drop, the Libertad stays stable at its previous high. For example, if silver goes to $40 (about 500 pesos) an ounce, then drops precipitously, the Libertad remains at 500 pesos (or whatever the official value was set at before silver prices fell).
In this way, the people of Mexico are encouraged to accumulate savings, while at the same time protecting their buying power.
One challenge Salinas-Price faces ought to sound familiar to Americans: "If it wasn't for the central bank, this measure would have passed a long time ago. The party leaders are afraid to jeopardize their careers by becoming enemies of the central bank."
Your Own Gold and Silver Standard
You need not wait for national or state-level legislation aimed at restoring sound money in order to adopt your own gold and silver standard. The only thing you need in order to establish a legal barter transaction involving precious metals as payment is two consenting parties to the exchange.
As confidence in the fiat system erodes, private transactions will increasingly be done using precious metals. That's what David Morgan sees unfolding in the years ahead.
To stay up to date with David's expert take on the gold and silver market and learn how to take advantage of investment opportunities around the world in this precious metals boom, take a look at our sister publication, Money, Metals, and Mining.
Read on to learn how to safely switch your paper money into REAL MONEY every month...
Dump the Shady
Banking Cartel:
Adopting Your Own Personal "Gold Standard"
Is Easier Than You Think...

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Unless you already have a systematic plan to diversify your assets out of the shrinking U.S. dollar (and few do) –
you NEED to jump on this information right now...
Dear KS,
Today I'd like to share with you a simple plan we've created to help you safely and methodically increase your personal level of asset protection using gold and silver bullion.
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Frankly, it's vital you start shifting a portion of your assets into the safety of physical gold and silver IMMEDIATELY.
Even the government's own rigged inflation numbers now confirm that $100,000 sitting in a conventional no-yield savings account loses roughly $3,400 in purchasing power every year. That's one heck of a "reward" for having built up and socked away that much cash. And the inflation numbers could soon worsen!
In stark contrast, over the last 12 months, an equivalent $100,000 holding in gold would have gained $16,400, even after taking into account the price weakness seen in late 2011. Over 24 months, a gain of $43,500. And over 36 months, a $82,500 nominal gain!
All the corrections, market manipulation, and other noise aside, central banks continue to paper over global economic problems by creating currency units (dollars, euros, etc.) like there is no tomorrow. You had better act quickly to secure a substantial position in precious metals and implement a plan to grow it over time...
In a matter of just a few minutes, I can help you protect your money from being eroded away. It's actually quite simple to adopt your own gold (and silver) standard!
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The Best Way to Buy Silver!
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The minimum to get started is only $150 a month. This amount fits most budgets, yet it's meaningful enough to grow a nice stash of cold, hard gold and silver in just a few months' time.
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    It creates financial discipline, which leads to secure, long-term wealth. You'll feel deep satisfaction each month because your wealth in beautiful and enduring gold and silver gets bigger, helping to protect your family's future.
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Most importantly, you are in complete control of your Monthly Gold and Silver Accumulation Plan. If your personal asset protection goals become more ambitious, you can raise your purchase amount. You can adjust it each month, put it on hold, or cancel at any time. You may purchase gold or silver – or purchase both.
It only takes 2-3 minutes to enroll, and if you join the program today, I'll send you a half-ounce silver round, FREE!
If you don't like to fill out forms or simply want to talk to one of our precious metals specialists, call us toll-free at 1-800-800-1865. We'll be glad to fill out the form per your instructions and send you a copy for your verification.
No bank account or credit card is even required to get started (unless you prefer). We can certainly just invoice you each month. Most folks, however, prefer to have their bank account debited for a fixed amount each month because that way purchases happen automatically and on schedule.
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Create your account today by filling out this simple online form, get on your own gold and silver standard, protect your buying power, save in real money... and pick up the free half-ounce silver round as a special bonus!
Earnestly, Stefan Gleason Signature Stefan Gleason, President Independent Living Bullion American Lantern Press
P.S. –     
We've put together a simple, doable gold and silver savings plan that everyone can follow. Enroll online now to steadily accumulate REAL money that doesn't default and can't be inflated away.
Our Monthly Silver and Gold Accumulation Plan lets you obtain more gold and silver for your money using dollar-cost averaging. It also saves you the high premiums other dealers charge, because our entire business model is built on bringing you precious metals as near to melt value as possible.
Enroll right here and right now, and I'll also send you a free gift – a half-ounce, pure silver round. Do it now while you're thinking about it. Within five minutes from right now, you could have your Monthly Silver and Gold Accumulation Plan up and running.
If you prefer, we'll even fill out the application for you over the phone. Just call Independent Living Bullion toll-free at 1-800-800-1865, and we'll be glad to fill out the enrollment form per your instructions and send you a copy for your verification.
Adopt Your OWN Gold and Silver Standard TODAY!

© 2009-2012 Lee Bellinger's Executive Bulletin, a free supplemental email newsletter to Independent Living.