Real Money, The Liberty Dollar
Real Money, The Liberty Dollar, America's Inflation Proof Currency
February 2010 Vol. 12 No. 02

Table of Contents:
1. Aspen Silver Dollar Shines Forth
2. South Carolina Questions the Currency
3. Ron Paul - Is at it Again
4. Tea Party Lights Fuse for Rebellion on Right
5. "Basically, It's Over"
6. "How it Happens"
7. Liberty Dollar Martyr
8. Update on the Liberty Dollar Case
9. Eustice Mullins

Dear Liberty Dollar Supporters!

1. Aspen Silver Dollar Shines Forth
Just what you need to weather the monetary storm


From beautiful Aspen Colorado with its golden Aspen trees, a new currency shines forth.

Peter Affolter, explains the Aspen Silver Dollar, actually started in 2008 when Dr. Bill Wesson, long time local dentist, wanted to introduce Aspen to the unique values of silver.

"Well, Bill introduced me to silver and when he got so busy, I decided to take action and launch the Aspen Silver Dollar as a local currency." Affolter said.

There is no doubt that Affolter, a well know local chef, is dedicated to silver. As he points out, "In the restaurant business, a cup is a cup. I think a dollar should be a dollar and that dollar should hold its value and even increase in value as people prosper. Simply put, silver has a better shelf life than food."

Affolter is convinced that the Aspen Silver Dollar is good for his beloved mountain community, the Roaring Fork Valley area and good for America. He is quick to point out that, "Silver is better than voting. Sound money is a more effective and positive approach to big government. It can even be profitable!"

So what finally pushed Affolter to take the big plunge into the silver business? It started when he wanted to buy some silver in Aspen but there were no coin dealers and only one antique store had a few old US silver dollars. With no silver available, Affolter decided to follow the old marketing adage, "find a need and fill it," and voila, the Aspen Silver Dollar was born.

Very quickly, Dr. Wesson and a dozen other Aspenites started using the Aspen Silver Dollar. The dentist, local bar, food store, car repairman have become the first local merchants to accept the new silver dollar for their goods and services.

Dr. Bill Wesson said, "I am very grateful that Peter took action to bring silver to Aspen. I think it is the best thing for Aspen and strongly encourage everyone to get and use the Aspen Silver Dollar for their own good and for the good of Aspen."

To hear Affolter tell his story, he harkens back to the good old days when Aspen was the richest silver mining area in the world. He reminisces about how the Populist Party adopted silver as "legal tender" after the panic of 1893 - that almost killed Aspen. But Aspen never died, although it was down to only 705 residents in 1930.

Today, Aspen is the storied land of the rich and famous. But still Affolter is concerned about his beloved town and its local citizens. He is concerned about the US dollar and what the future will bear. And who knows, with silver up nearly 25% in 2009, the $50 Aspen Silver Dollar might just catch on if the current US dollar drops any more and Aspenites start shopping for something with more value.

So what is the Aspen Silver Dollar? Aspen Silver features an image of Liberty on the obverse and an Aspen leaf on the reverse. The new silver dollar contains one ounce of pure .999 fine silver and has a $50 MSRP so it in sync with the silver market and can be used voluntarily by merchants who accept it. So does the new dollar cost $50? Not if you know Affolter or live in the Roaring Fork Valley area. Locals are encouraged to get the currency at a steep volume discounts and then use it for whatever value is agreed upon with the merchant. The value changes with the silver market that is on an uptrend.

In addition to the 2010 Aspen Silver Dollar in Brilliant Uncirculated condition priced in sync with the silver market, two special collector issues have been created. The First Day of Issue features a special hand stamped Aspen leaf hallmark and a Limited Numbered Issue of only 100 individually hand stamped with a serial number.

The new Silver Aspen Dollar is, very "Aspen." It is beautiful and more valuable than the debt plagued US dollar and would have been the darling of the Aspen of old. And who knows, for anyone who is savvy or lucky enough to catch Peter Affolter, the Aspen Silver Dollar might be just what you need to weather the current monetary storm.

For additional information
Peter Affolter: 970.923.2658

DISCLAIMER: The Aspen Silver Dollar is not a currency, as it does not have a face value ($50 is the MSRP only) and is not intended to compete with the depreciating US dollar. The sole purpose of this commemorative "dollar" is for local enjoyment only as guaranteed by the First Amendment to the US Constitution. Let it be known that this is not a Liberty Dollar and that I have not involved in the minting, production or circulation of this historic commemorative "dollar." I was commissioned as an artist only.
And if you have a "hot idea" and want to take action with your own commemorative "dollar" contact Alan McConnell at Silver Liberty Marketing

Please note that the Aspen Silver Dollar is not intended to be used as United States currency and any representation as such is strictly prohibited by law.

2. South Carolina Questions the Currency
You gotta love the State Sovereignty movement that is alive and growing! Just recently, a South Carolina lawmaker seeking to ban federal currency and has introduced a Bill to make Gold and Silver Coins as Legal Tender. Nice ideas that have been bantered about in a half a dozen states. The bottom line is that the US Mint Gold and Silver Eagles and Gold Buffalos ARE legal tender and have been since 1986 and 2008 respectively. The problem is with the Face Value that is so out of kilter with the free market of gold and silver so these legal tender coins cannot be used. Plus there is no mechanism for the currency to respond to the market rate of the metals ala bond and interest rates systems. Of course the Liberty Dollar resolved that pesky problem by making its face value, later replaced with MSRP, to be market sensitive. Simply put, the US Mint products were designed NOT to be used from the very beginning. Why else is its face value so out of kilter with the metal market? So why is the Liberty Dollar in hot water with the feds? Simply because somebody in the US gov got tired of the young upstart private voluntary barter currency outperforming the debt plagued fiat US dollar.

Please click these links for more monetary fun in South Carolina:

South Carolina Lawmaker Seeks to Ban Federal Currency

South Carolina Bill - Gold and Siler Coin as Legal Tender

3. Ron Paul - Is at it Again
I am please to report that our favorite politician, Congressman Ron Paul had introduced legislation to legalize competing currencies by removing "superfluous sections of criminal law which may be subject to prosecutorial abuse" without soiling the good name of the Liberty Dollar on the floor of the House.

I am particularly pleased that it appears Paul's latest bill has stepped away from trying to legalize the Liberty Dollar. As you may know, I opposed Paul's introduction of H.R. 4683, "to remove the stigma of Title 18, Section 486" that conversely questioned the legality of the Liberty Dollar when in fact many government authorities had already said it was legal.

Please note that I support Ron Paul's sound money efforts as much and probably more than most people. But more that supporting Paul, I support the ideals he publicly stands for. Ideals that not only include real money, limited government, individual liberty but also include the simple truth.

Unfortunately, Paul's statement this year says, "no one should be compelled by law to operate in Federal Reserve note," and that "it is illegal to conduct business using gold and silver instead of Federal Reserve notes." This is simply not the case. Barter is legal!

So let's all get this straight. There are no compulsory or mandatory laws or regulations that force Americans to use or accept the God awful non-Federal non-Reserve IOU Notes. Andrew Williams, spokesman for the Federal Reserve Board in Washington DC said it best in The Des Moines Register on March 18th, 2004: "There is no law that says goods and services must be paid for with Federal Reserve notes. Parties entering into a transaction can establish any medium of exchange that is agreed upon."

And speaking of truth, of course you know that Liberty Dollar issued the Ron Paul Dollar in support of his campaign for the Presidency. But one truth you may not know is that Nic Leobold had the original idea for a Ron Paul commemorative. I liked Nic's idea and we created the Ron Paul Dollar. It was an immediate success and the topic of many articles when the FBI confiscated over two tons of gold, silver, copper and platinum Ron Paul Dollars. This truth is acknowledged by Nic's initials on the obverse.

Dear Liberty Dollar supporters, as Dictator Roosevelt said, "The only thing we have to fear, is fear itself." If you want real money, simply demand it.

So if you have a "hot idea" and want to take action with your own "dollar" contact Alan McConnell at And if you are not soo hot, I would encourage you to read Ron Paul's first book "The Case For Gold" that he co-authored with Lewis Lehrman in 1982. Just think, Ron wrote this book 28 YEARS ago and it is still one of the best books available and one of many that inspired me and I relied on while designing and developing the Liberty Dollar. Thanks Ron!

4. Tea Party Lights Fuse for Rebellion on Right
Well, it is not often I can recommend an article in the New York Times regarding politics or the economy. But if you have not read this extensive and largely positive article on the Tea Party movement, I encourage you to click HERE. Then ask yourself, how long will America's newfound self-righteousness political stance last before self-interest and greed devours it? If you don't want this to happen, GET INVOLVED NOW.

5. "Basically, It's Over"
Charles Munger, long-time business partner of Warren Buffet and vice chairman of Berkshire Hathaway has penned a parable about how one nation (America) came to financial ruin in 2011, titled: "Basically, It's Over." Please click HERE and take appropriate action.

6. "How it Happens"
Ever wonder how hyperinflation happens on a day-by-day basis. How it impacts people's lives and how they cope with it? Well, in chapter three of my first book, Your Survival Currency, I quoted Pearl S. Buck, who lived most of her life in rural China with her missionary parents in the 1920s and 30s. She wrote terrific books that inspired may young women and became the first American woman to win a Noble Prize for literature. In an often forgotten book, How It Happens (New York, John Day, 1947) Ms. Buck interviews Erna von Pustau, a German housewife who describes her real life experiences in Germany during hyperinflation.

Buck quotes Erna von Pustau: "By the end of the year my allowance and all the money I earned was not worth one cup of coffee. You could go to the baker in the morning and buy two rolls for 20 marks; but go there in the afternoon, and the same two rolls were 25 marks. The baker didn't know how it happened. His customers didn't know how it happened. It had somehow to do with the dollar, somehow to do with the stock exchange--and somehow, maybe, to do with the Jews."

My book continues with: "Eventually, a loaf of bread cost billions of marks. Suicide was common. Women who a few years before would have thought such a thing unthinkable became prostitutes. Frau von Pustau says that Germans crazy with hunger butchered chunks of meat from the flanks of wagon horses standing in the traces. They either sold the meat or ate it on the spot."

Well with such shocking insights supplied to me by literary researcher, Alan Stang and accredited to such a literary figure as Ms. Buck, I always wanted to read her book. For years I tried to find a copy. And finally, after searching for ten years, I happen to find How It Happens on Amazon! And even though it was well $100, I was thrilled to finally score such an unusual book.

Then I was equally shocked to discover that Ms. Buck did not mention the cost of bread, prostitution or that "Germans crazy with hunger butchered chunks of meat from the flanks of wagon horses standing in the traces." I also learned the remark regarding Jews in 1923 was the first instance of propaganda by the National Socialist Party, aka Nazi.

Another insight into every day life during hyperinflation in pre WWII Germany was reported in TV Guide (August 10, 1974). The story is of the great pianist Arthur Schnabel, who gave a Beethoven recital in Berlin in 1923. He was paid with a suitcase stuffed with thousand-mark notes. Schnabel recalled, "I had to ask a man to help me carry my fee home. On my way home, I passed a delicatessen and to relieve my helper, I spent half my fee on a couple of sausages. The next day I saw in the paper that I could not even get one sausage for the other half of my fee."

Get ready, we are all headed down hill.

7. Liberty Dollar Martyr
Thank you for sending books to Kevin. I understand that he got so many books, he's the unofficial jail "librarian." As for me, I think Kevin is the "martyr" because if anybody has suffered due to their support of the Liberty Dollar, it is Kevin Innes. Just think about it. Kevin was arrested the first of June. He has been sitting in jail for NINE MONTHS and the case is not even close to trial. In fact the court date was just "continued" i.e. "postponed" again to May 3. Meanwhile, the defendants have yet to get any meaningful discovery from the DOJ! My heart also goes out to everyone who has suffered from having their property seized and denied its use but mostly it goes to Kevin

The best news about Kevin, is that he is in good spirits and extremely grateful for the books he has received. So if you have not sent a book to Kevin… now is a great time. Or give him a magazine subscription or just drop him a note that is even easier. Just remember that any news when sitting around in jail is SUPER!!! And remember, if you want to send a book or magazine to Kevin, it MUST come directly from a bookdealer… so it is free of any saw blades, etc!

Have your bookseller sent books to:
William Kevin Innes
2351 Morganton Blvd. SW
Lenoir. NC 28845

PLUS: I am pleased to inform you that Kevin's wife, Julia Gaunt, has opened a bank account in his behalf for those who have offered money to help pay for Kevin's immigration expenses and actually help get KEVIN OUT… Please send checks or money orders make out to Julia Gaunt with a note that the money is for Kevin's immigration.

Mail funds to:
Julia Gaunt for Kevin
16 Norman Austin Dr.
Asheville. NC 28804

Thanks again for supporting Kevin. I know he greatly appreciates it.

8. Update on the Liberty Dollar Case
The March 1 court date has been "continued" until May 3. Please don't make any travel plans to join the Liberty Dollar Four in Statesville, NC for the big trial…yet. We are only 8 MONTHS into this quagmire and we have yet to receive any meaningful discovery to develop our defense. Such is the bizarre federal legal system. Stay tune for more info.

9. Eustice Mullins
I regret to inform you that Eustace Mullins died on February 2, 2010 at the home of his caretaker in a small town in Texas.

Mullins, who would have been 87 in March, suffered a stroke three weeks ago in Columbus, Ohio while on an extended tour for the past year, visiting with his fans who welcomed the opportunity to buy his books from him in person.

I remember Eustace mostly for his incendiary book on the Federal Reserve, "Secrets of the Federal Reserve" that captured my attention and helped inspire the Liberty Dollar. But the highlight was our personal meeting in 1999, right after I launched NORFED. Eustace was enthused by the potential of the Liberty Dollar and remained a big supporter.

Like so many great researchers and writers regarding the fraudulent Federal Reserve System before him, Eustace will be missed.

Closing Remarks:
Many thanks for your continued support. For it is only by banding together and adopting a free and independent currency that provides us with "just weights and measures" will we be able to throw off the yoke of a manipulated monetary/tax system and generate a peaceful and prosperous society.

Thank you again for all your efforts to return America to value - one dollar at a time!

Bernard von NotHaus
Monetary Architect/Editor

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