Liberty Dollar FAQs

Liberty Dollar FAQ

Is The Liberty Dollar legal?
Yes, The Liberty Dollar is absolutely 100% legal, lawful, and Constitutional! Legal opinions have been obtained by prominent attorneys that validate that the Liberty Dollar complies with all US laws and the Uniform Commercial Code.

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Money FAQ

What is the intrinsic value of a given Federal Reserve Note?
It has none. It isn't even worth the 3 cents it took to print the thing. Federal Reserve Notes are mere tokens representing a share of debt.

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NORFED FAQ

Why should the Federal Reserve Act be repealed?
Some of us are old enough to remember when we had real money that was owned by the people, and not a private central bank. When Congress unconstitutionally gave private interests the control of the country's money in 1913, the States were left without any lawful money to use. By default, the people began using Federal Reserve Notes in lieu of a gold or silver backed currency as they had no choice.

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Silver Over $10 Per Ounce

When the price of silver rises near $10 per ounce, a new $20 Warehouse Receipt series will be issued. All new Certificates will be identified with "$20 Silver Base". The new $20 denomination certificate will be backed by one ounce of .999 silver, and the new $10 certificate will be backed by half ounce, $5 by quartrer ounce and the $1 by one twentieth ounce of silver.

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Move Up to $20

The point at which the Liberty Dollar would Move Up Point to the $20 Silver Baswe was specifically designed to be difficult to attain, because the silver market is a study in volatility. One of the main problems encountered in designing the market driven Liberty Dollar was how to accommodate for silver's free-market behavior.

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Why Pay Twice for Silver?

You're Not! The Liberty Dollar is NOT an investment. It is a currency. If your goal is to buy silver then you should buy silver bullion. Silver is a wonderful, valuable metal. But it is heavy and its fluctuating price makes it difficult to use in daily transactions. Sure you might know that silver is $5.17/ounce on a given day, but does the other person know that and is he/she agreeable to the price? Is that the price that you want for it? Is that what you paid for it?

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