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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?


To: Sedohr Nod who wrote (11102)11/19/2007 10:25:12 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 25737
 
Re: "I don't think the silver coins were the problem....it was the copper "dollars" backed by reserves." [...Agents also raided the Idaho minting company that makes the organization's medallions, seizing the huge pallets of silver and gold stored there, von NotHaus said.]

Thanks!

So it seems that the 'problem' was in selling something that was ACTUALLY BACKED by precious metal in storage - unlike the fiat paper currency now printed by the US government <G> - so that it could be seen as a potential 'rival' in the marketplace.

That clears up the question. Now I understand.