Silver, Gold, The IRS & You A Must Read

The following article has been posted as a reprint from news with views. I am confident you will find the contents eye opening to say the least. Most importantly it should give you an incentive to pursue how you can protect your family and friends from the effects of inflation and the lack of tangible inivestment vehicles you can count on.

The article you are about to read was written by By Derry Brownfield June 15, 2008 of NewsWithViews.com

I began a recent presentation before a large group of cattle producers (R-CALFUSA) by showing a paper dollar bill and a silver coin. The words "one dollar" is inscribed on both the coin and the paper, yet the paper dollar will only pay for about one quart of gasoline at today's prices, while the silver dollar will pay for well over five gallons. I explained to my audience that consumer prices are not high - the paper dollar has lost most of its value. It makes no difference how high the price of gasoline goes, a silver dollar will continue to buy gas for 20 cents a gallon, exactly the price gas was during the Great Depression. Based on 1940 prices, a paper dollar is worth about two pennies.

Today in America, we are being systematically robbed of our property because we have allowed the Federal Reserve to flood our banks with fiat, worthless paper money. There is actually a law against paper money but nobody seems to know about it. The Supreme law of the land is the US Constitution, which stated in Article I Section 10: Individual states are "not allowed to make any things but gold and silver coin a tender in payment of debts."

The Constitution also states that "Congress has the power to COIN money and regulate the value thereof." Our Founding Fathers knew how a central bank printing paper money would collapse our economy. Had we followed the US Constitution to the full letter of the law, gasoline would still be 20 cents a gallon. As the dollar continues to lose value we say our currency has lost its purchasing power. It should be more properly referred to as embezzlement by the banking industry.

Robert Kahre owns a family business and instead of using paper money he paid his workers with gold and silver coins minted by the United States government. He paid them based on the "face value" of the coins. If he paid a worker a dollar an hour he paid with a silver dollar, which states on the coin that it is "one dollar" regardless of today's value. His wages were so low that he didn't have to file W-2 income tax forms or withhold taxes or pay workman's comp. This upset the IRS, which charged him and his family with 161 federal tax crimes.

The case which was tried before a Las Vegas jury in a Federal Court, heard testimony for almost four months. Defendants believed they had no legal obligation to withhold, pay income taxes or report anything to the government because the "face value" of the gold and silver coins is so small as to fall beneath the reporting thresholds set by the Internal Revenue Code. The government argued that the payments in gold and silver US coins must be considered at their bullion, full-market value when considering the worth of the wages for purposes of the IRS code.

The essence of the argument is that Congress is obligated by law to mint and circulate such coins as demand requires, and must establish the value of coins as they are used as legal tender, but a coin's market value is a distinct, separate attribute of such coins and is of no legal consequence if the coins are used as legal tender. If a worker is paid with such coins, his taxable income can only be the face value indicated on the coin. "A coin dollar is worth no more for the purposes of tender in payment of an ordinary debt than a note dollar. The law has not made the note a standard of value anymore than coin. It is true that in the market, as an article of merchandise, one is of greater value than the other; but as money, as a medium of exchange, the law knows no difference between them."

On September 17, the jury returned its verdict refusing to convict all nine defendants of any of the 161 federal tax crimes they had been charged with. One would think, "we the tax payers would want to hear that the IRS was defeated by the use of the true money." To my knowledge, the results of this trial were never printed or broadcast by any of the major news media. Three days after the trial's conclusion, the Las Vegas Review Journal ran its first and last story about the outcome and then only because of public pressure from interested parties who attended the trial.

The Department of Justice prosecutors know that justice was done and that if this information was made available to the general public their house of cards would come tumbling down. All federal agencies have a great fear of the truth and only by controlling the news media can they keep the world from caving in on their heads.

(After typing this article, Beth (my secretary) has now surrendered the raise that she has yet to receive, contingent on me agreeing to pay her in gold & silver coins; see the truth does hurt.)
© 2008 Derry Brownfield - All Rights Reserved

Here is a video featuring the defendant and his attorney. http://www.youtube.com/watch?v=2VJ3son-ha8

***The picture at the top of this article is of the CEO of the company you are about to discover on the link below, he is holding a 1000 ounce Gold Bar in the photo. Must be nice!

You truly can protect your familys future with gold and silver coin.
Please visit http://www.realmoneyfastcash.com for more info.

When Is The Best Time To Buy Gold & Silver Coins?

This question has been one of huge controversy but actually has a very simple answer. The answer is ANYTIME! Here is why. It does not matter whether you are using EUROS, Dollars or any other fiat currency. When belief in the currency fades, the value of the currency can go to slightly above zero and eventually zero. This can NEVER happen with Gold & Silver Coins!

The silver spot price from Wall Street is the big shots way of trying to keep the truth about real money verses money created out of thin air backed by nothing away from the masses. If people truly understood the fact that the Federal Reserve is a private FOR PROFIT corporation and NOT part of our Federal Government and they create money out of thin air anytime they chooose, there would be a major uprising.

According to leading industry experts some of the powers that be who prefer the status quo are doing everything in their power to prevent the masses from having a desire to mass accumulate gold & silver coins. One of the most outspoken on the subject is Jason Hommel you can learn more directly from him at http://silverstockreport.com/2009/buyitnow.html . I also invite you to view a video recorded by Robert Kiyosaki and a few of his financial advisors where Robert, recorded on video, calls cash "trash!" Watch it and prepare to be shocked at what you learn.









The purpose of this post is to simply encourage you to consider the following. In 2001 you could buy a one ounce silver eagle coin for $7.00 and if you took a one ounce silver eagle coin and 7 one dollar bills in 2001 and placed them both under your mattress in 2001 and took them out today, the 7 bills would still be worth 7 dollars but the Silver Coin would be worth more than $14.00 and as much as $20.00 DESPITE the spot price of silver!

The bottom line is you can NEVER pay too much for gold and silver when you are using paper money not backed by anything for real money! Do yourself a favor and head on over to http://www.residualcashnetwork.com/ and grab some silver dollars before the market dries up.

How To Create Real Money Wealth

In the midst of an uncertain economy it seems quite prudent to consider the shift away from paper backed investments. There is one unique company that stands out above the crowd with a solution to a growing problem amongst consumers who know they should do something but just don’t know what to do. The company is called ‘Constitution Mining”, Constitution Mining was founded on the basis of natural law, governed by two principles understood by America's Founding Fathers and articulated by leading free market author, Richard Maybury.

Principle 1: Do all that you say you are going to do.
Principle 2: Do not encroach on other persons or their property.
Because these two principles have been ignored, the global economy is in danger of entering into a serious recession, perhaps even a depression, So what does this mean to you?
• Your purchasing power is being destroyed• Your savings are being decimated• Your investments are in jeopardy Almost all money today exists in the form of paper issued by central banks.

They claim to be regulating inflation, but in fact, they are actually creating it. The more dollars they pump into the system, the less each individual dollar is worth.

A violation of Principle 1. This is a highly profitable mechanism through which your wealth is transferred to an elite few - and it can happen fast.

A violation of Principle 2. Since 1913 the Federal Reserve, a privately controlled corporation, has acted as America’s central bank. In that time it has dramatically reduced the worth of the U.S. dollar to approximately 4 cents of its original value.Truth be told, today’s “fiat” money is not backed by the same intrinsic value it once had. Now it only has value because the government says it does – and because people believe it.

This is a belief that more and more people are coming to question, causing many to turn to true honest money … Gold and Silver.Constitution Mining believes that paper – be it stock certificates or dollars - can only have real value if assets of an intrinsic nature back them up. And there are no better assets to anchor value than gold and silver.

The company states their mission “is to consistently increase the amount of honest money underlying our shares by acquiring, exploring for, and holding onto deposits of gold and silver.”Intended acquisitions may be fully defined, have gone through the feasibility stage of development, and be ready to produce. In other cases, there may be potential for additional expansion.

They may even acquire drill-ready exploration projects, which contain little or no proven resources, yet offer the possibility of a major discovery. The company believes that as the market valuation of honest to dishonest money increases, so too should holdings of gold and silver. They believe if their planned acquisitions are in production, they would have little interest in extracting the gold and silver - just to exchange it for depreciating paper currency.

Their intentions are to establish bullion accounts in Zurich, Switzerland, and ship every ounce mined - net of expenses - for safekeeping in their vaults. For more info visit http://www.constitutionmining.com/ make sure you request your FREE Book called “Honest Money”, written by Pat Gorman the link is on the “About Us Page”.

Why Is Silver A Better Investment Than Gold?

The following is a short article based upon a review written by Jason Hommel of silverstockreport.com I felt it was worth sharing. The historic price ratio of silver to gold shows that about 10 ounces of silver would buy one ounce of gold, a 10:1 ratio. Recently, the ratio is about a 50:1 ratio (with silver at $20/oz., and gold at $1000/oz.) As the silver to gold ratio returns to historic values, from 50:1 to 10:1, you may make over 5 times more money investing in silver, than gold!

Silver prices may rise to exceed the 10:1 ratio, for the following reasons:
More than all of the silver produced by the mines each year is consumed by industry, which leaves little to no room for investment demand. A marginal increase in investment demand will drive prices sky high.

Most silver is produced as a by-product of mining gold, copper, zinc, or lead. Higher silver prices might not substantially increase the amount of silver mined each year. In 1980, when silver prices went up to $50/oz., less silver was mined than in 1979!

Additionally, as paper money continues to falter, people will buy silver and gold without regard to price!

Each year, silver mines produce about 650 million ounces of silver. 200 million ounces come from recycling and about 100 million ounces come from investor or government sales. Of that total:
• about 42% is consumed by industrial use
• about 28% consumed by jewelry
• about 20% consumed by photography
• about 5% consumed in coins and medallions

That's 95% of total available silver each year! This implies either a "surplus", or "investment demand", of about 5% total. At $20/oz., that's only $1 billion per year of net investment demand. Since the 1950's, silver use and consumption, has made silver more rare than gold, in above ground, refined and deliverable forms. Estimates suggest there are 200-300 million ounces of refined, above ground silver available to the market at the present time. There are about 125 million ounces of silver at the NYMEX, the big commodity exchange in New York. The ETF SLV has about 180 million ounces.

Each silver contract at the NYMEX is a promise. There are too many contracts, too many promises to deliver silver that may not exist. Each contract is for 5000 ounces. There are often over 200,000 contracts for 5000 ounces, that's a total of 1000 million ounces of silver promised to be delivered. With recent market trends of defaults and bankruptcies, these contracts are at risk of default. Yet the exchange has only about a third of that in real silver. How can they promise to deliver more silver than exists? If they fail to deliver silver, then confidence in the world's entire financial system may collapse. Industrial users of silver may have to shut down their factories. To prevent this, users will bid silver prices much higher.

Due to the risk of default in silver futures contracts, I suggest that you avoid buying futures contracts, avoid options, and avoid storing your silver with anyone else! Take delivery of your silver, and put your silver in your own safe!

Over 100 years of this "demonetization" has caused a serious drop in silver's value, and this trend is about to be reversed as investors re-learn that silver is a great store of value because of its intrinsic properties.

As paper money continues to waver, the neglect of silver's use as money will end. Once again, silver will be valued based on other measures of value, such as a day's wage, or a ratio to gold.

Is Your Money Worth Less?

The foundation of the following article was written by Mike Brown, owner of changeyourlifecoaching.com I am only posting parts of the article I feel relevant with a few of my own comments.

Here is the truth about money. It is an undeniable truth once you see it. The reason that money has any value at all is because we (the people) all agree that it has value. Money gets its value from us (the people). This is very important for us to understand because many of us (99.95%) are engaging the world with the misconception that money gives us our value, when it is actually the other way around. We (the 99.95%) give money its value through our mutual agreement of its value.

A $100.00 bill gets its value from all people (us) through the mutual agreement that it is worth $100. The value of the $100 bill is not inherent in the bill it self, rather it is ascribed or given to the bill through our mutual agreement that it is worth $100. If, for example, all people today agreed mutually that a $100 bill was not worth $100 dollars, then it would become worthless. Either way its put, the $100 bill does not have value in and of itself.

The $100 bill is an inanimate object that we mutually place value in. It could just as easily be a rock or a stone, which it was at one time I'm sure. I will take it one step further. This will make it perfectly clear.

Imagine that you have 1 billion dollars in cash sitting right in front of you right now and its all yours. Stacks of $1,000 bills all for you just sitting in your house and piled to the ceiling. Makes you feel pretty good when you think about it doesn't it? However, also imagine this.

You and your friends and your loved ones, are the only people on the planet earth. What would that money be worth to you now? Absolutely nothing. Why? Because there would be no other people to exchange it with whom would mutually agree on its value. It would be a pile of useless paper.

You could use it to burn to keep you warm since you would not have the service of heat that is provided by other people.

So, the truth about money is this. People and their agreement upon what its worth gives money its true value. If you pull a $1.00 bill out of your pocket right now and examine it, you will see that it has the words "This note is legal tender for all debts, public, and private" written on it.

This is the agreement that we all honor upon the exchange of any bill.
To remind yourself of this when you exchange money, simply say to the other person or to yourself quietly in your mind, "thank you for honoring our agreement that this piece of paper is worth $1.00." It is not money that makes the world go around.

Money is simply an inanimate object, that symbolizes the mutual agreement that we all share about its made up value. Money does not give people value; it is people that give money its value. The world will continue to go around without the existence of money.

The undeniable truth about money is that the constitution of the United States and the Bible only ever considered two things “Money”. Gold & Silver Coins.

When you look at today’s society and the belief in paper and electronic wealth you can quickly see that NONE of it is real wealth because it does not require any one ever taking possession of real money!

Without REAL MONEY you cannot have REAL wealth!