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SS boots Liberty Dollars off eBay but no prosecution of HSBC money launderers
Published : December 13th, 2012
218 words - Reading time : less than a minute
( 3 votes, 5/5 ) , 1 commentary Print article
 
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Keywords :   Burma | Cuba | Gata | Gold | Gold Market | Iran | Reuters | Sudan |

 

 

 

 

Coin World's Paul Gilkes reports this week that the Internet auction house eBay has forbidden listing of Liberty Dollar coins ... er, medallions ... at the request of the U.S. Secret Service, which considers them counterfeits of U.S. coinage:

http://www.coinworld.com/articles/liberty-dollars-ban-goes-into-effect-a...

Liberty Dollar founder Bernard von Not Haus still awaits sentencing for his conviction 21 months ago in federal court in North Carolina on counterfeiting charges brought by the U.S. Justice Department. The U.S. attorney for the Western District of North Carolina accused von Not Haus of "domestic terrorism":

http://www.gata.org/files/USAttorneyPressRelease.pdf

Also this week the Justice Department declined to bring criminal charges against any officers of HSBC, the biggest short in the gold market, upon the bank's agreement to pay nearly $2 billion in fines for laundering $881 million in Mexican and Colombian drug gang money. The Justice Department also accused HSBC of doing business with customers in Iran, Libya, Sudan, Burma, and Cuba in violations of sanctions law:

http://www.reuters.com/article/2012/12/11/us-hsbc-probe-idUSBRE8BA05M201...

HSBC CEO Stuart Gulliver said HSBC now "is a fundamentally different organization from the one that made those mistakes."

Maybe von Not Haus is a changed man too. At least now he has every right to look at the inscription above the columns of the U.S. Supreme Court building in Washington --

http://www.gata.org/files/USSupremeCourtBuilding.jpg

-- and laugh ruefully.

CHRIS POWELL, Secretary/Treasurer

 

 

Data and Statistics for these countries : Burma | Cuba | Iran | Sudan | All
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"... the Punishment of counterfeiting the Securities and current Coin of the United States." When was the Liberty Dollar the current coin or a Security? What about all those faux tribute coins? If you want justice, go see the chaplain. The courts are  Read more
overtheedge - 12/13/2012 at 8:46 PM GMT
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Chris Powell

Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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"... the Punishment of counterfeiting the Securities and current Coin of the United States."

When was the Liberty Dollar the current coin or a Security? What about all those faux tribute coins?

If you want justice, go see the chaplain. The courts are for evidence and interpretation of law.

The overwhelming odds are that von Not Haus will be found guilty. Article I section 10 "No State, ... coin Money ... ,". If the States are forbidden to coin Money, then so it is with individuals. (He was arrogant. Had he only stated weight rather than dollar value, he would not have been bothered.)

Until "all" coins of a particular design are withdrawn from circulation by the "gov't", they remain current. Was in a coffee shop a few weeks ago and the proprietor showed me a silver Washington she had just got in change. Have you ever seen some of the coins waitresses get in tips? Once again, in circulation infers current Coin.

So, how about the minting and sales of faux tribute coins?
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