HAVING PROBLEMS VIEWING THE SITE? GET FIREFOX! | A NOTE ON ADVERTISING

   

Sound Money Now! Stop Waiting for Government to Fix It. Here's How...

Lets face it folks the government is not going to do the right thing they have been too corrupt for too long and we will be lucky if we can get enough good people in there before it all comes crashing down..

Don’t get me wrong we need to keep working at it. However we can return to sound money right now. If you have a business or sell goods or services of any kind then start offering a discount if you are paid in gold and silver. Or start insisting you be paid in gold or silver period. Offer to pay any employees in gold or silver.

This does several things. First it protects your profits by using hard money; second it teaches folks that prices do not fluctuate so much like fiat currency when they use hard money. If you’re charging 5 silver eagles for a product or service (roughly a hundred dollars) and the dollar loses value because of inflation you still charge five silver eagles for that same product or service, the customer just has to pay more paper to get them now. And you don’t have to raise your prices due to inflation. What better education could there be on fiat money verses sound money!

3rdly if you are taking US minted coins they are legal tender so your profit in terms of face value goes way down lowering or eliminating yours and your employees’ tax burden. (Many of you read the story of the Employer in Nevada who paid his employees in gold and silver)You are really charging five dollars in real money for that product or service.. And of course if you advertise you can get creative if you like with your ad by offering to do something for five dollars that normally cost a hundred. ;-)

Well you say most people don’t have gold or silver? Great I know just where to send them to get it ;-) find the cheapest guy in your area that sells and exchanges it and send them there. You may even be able to work out a deal with him to discount your own purchases for all the business you send him.

This is something we can do right now and start living freer lives while educating folks along the way. The next thing we can do is get control of our local and state government and implement this state wide. We can force the federal government back to its constitutional bounds by exercising our states rights with the right people in office in our respective states. We can do this one state at a time by becoming more self sufficient and not needing federal funds

We are working on this now in Idaho so come join us we can use all the patriots we can get!

output

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

What about older U.S. Mint coins?

Does this work with pre-1965 silver coins, or older pre-1933 gold coins? Can someone clarify this, I was watching the video of Kayre and his lawyer explaining the case and they specifically mentioned the Gold Bullion Act of 1985, so does that mean it only applies to American Eagle coins?

Gold Bullion Act - Ron Paul

The man knows what he is doing!

http://en.wikipedia.org/w...

Hawkiye, Check out this link

Hawkiye,
Check out this link that calculates the value of silver and gold coins at spot rate on current prices.

http://www.silverandgolda...

Very helpful for what you are suggesting! Catherine Austin Fitts (www.solari.com) has been a huge proponent of what you are suggesting for years.

Link...

Isn't capital gains tax incurred?

On a transaction in gold or silver??

Not in US minted coins. This

Not in US minted coins. This is doable!

-----
Please Visit New Freelanders
Self Reliance & Preparedness Forums

Exactly....

If it's minted with a face value... you pay taxes on the face value only.

And they won their court case already.

So, you do pay taxes?

Just on the face value? Isn't that a large barrier to entry compared to other currencies (ie. FRN's) ?

No sure hat you mean? In

No sure hat you mean? In most cases there will be no taxes on the face value because it will be too low.

-----
Please Visit New Freelanders
Self Reliance & Preparedness Forums

Too low?

What's the taxable threshold?

Plus, do you have to pay tax when you first purchase the US minted coins?

I don't remember the

I don't remember the threshold but I think something like 5 or 6 thousand. read the article the links about the guy who paid his employees in gold.

If you mean sales tax on purchase no I don't at least. I pay cash.

-----
Prepare For the Coming Storms, Join New FreelandersSelf Reliance & Preparedness Forums

This kind of goes along with...

the idea that one guy had... can't remember where he was located... but he was paying his employees with silver and gold coins.

For example: If they earned $900 this week, he'd pay them with gold coins approximately equal to one once of gold.

The kicker was that the people getting paid only had to pay income tax on the FACE VALUE of the coins... which was never enough to have to pay an income tax.

So, they got REAL money, equal to the number of fiat dollars they would have earned (except it's in onces of gold), but they didn't have to pay taxes on it.

Double good!

And the best thing... the state took them to court for tax evasion...

And the state lost!

They said you can't collect taxes on these coins... other than at the face value of the coins!

Yes I mentioned it in my

Yes I mentioned it in my article, this goes a step further in accepting gold and silver for products or services and initiates an economy of sound money.

We keep sitting around waiting for the government to get changed and fix it, why not just step up and do it ourselves?

-----
Please Visit New Freelanders
Self Reliance & Preparedness Forums

here's the article on gold and silver coin as wages

click

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Join the Team! campaignforliberty.com