LASSEN PRECIOUS METALS

Why Buy Silver & Gold?

Silver Savings Plan

Billions for the Bankers

Video Sermon on Debt & Money

Economic News Podcast

Ludwig von Mises Institute

8 Important Facts About the Federal Reserve

What Is Money?

Silver Institute

World Gold Council

Copper Coins

Platinum

Money Quotes

Recommended Reading

U.S. Constitution

Liberty Links

Letter Archives

Future of Freedom Foundation

Metal Value of U.S. Coins

World Clock

Inflation Calculator

• "All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation." -
  John Adams

• "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation...Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan - The Objectivist, July 1966

• "Give me control over a nation's currency and I care not who makes its laws." - Baron M.A. Rothschild (1744-1812)

• "Government is the only agency that can take a valuable commodity like paper, slap some ink on it, and make it worthless." - Ludwig von Mises

• "Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money." - Daniel Webster

• "It is well enough that the people of the nation do not understand our banking and monetary system for, if they did, I believe there would be a revolution before tomorrow morning. " - Henry Ford

• "When the people own the money - they control the government. When the government owns the money - it controls the people." - Bernard's Law, Bernard von NotHaus, Monetary Architect of the Liberty Dollar

• "Money is the most important subject intellectual persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and its defects remedied very soon." - Robert H. Hemphill, former credit manager, Federal Reserve Bank of Atlanta

• "What luck for rulers that men do not think" - Adolf Hitler

• "What is distressing about the Federal Reserve is you have a group of bankers that control whether interest rates go up and down. They (Fed members) are private citizens, yet they wield the power of government. So you can certainly make the argument that this is an improper delegation of government power to private citizens." - Larry Elison, Law Professor Emeritus, University of Montana

• "There is no law that says goods and services must be paid for with Federal Reserve notes. Parties entering into a transaction can establish any medium of exchange that is agreed upon." - Andrew Williams, U.S. Federal Reserve

• "The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke

• "If the American people ever allow private banks to control the issue of their currency first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson in 1802 in a letter to then Secretary of the Treasury, Albert Gallatin

• "Wisdom begins by calling things by their right names." - Ancient Chinese proverb

• "Gold is money, and nothing else." - J.P. Morgan, testifying under oath to Congress before the Pujo Commission, 1913

• "With the exception only of the period during which the gold standard was in effect, virtually all governments throughout history have used their exclusive power to issue money, as a method to defraud and plunder the people." - Friedrich von Hayek

• "Federal Reserve Tokens are like the 'green stamp' premiums of the 1950s, except that when you turn these green stamps in, all you get are more green stamps." - Mobley Milam, former assistant U.S. Attorney in San Diego, quoted by James Ewart, author of Money - Ye shall have honest weights and measures

• "The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists." - Ernest Hemingway

• "Any government action that purports to prohibit an American citizen from using a piece of gold or silver (or, for that matter, anything) in voluntary barter transactions between consulting adults is preposterous, antagonistic to a free market, and totally without legal merit." - Bernard's Second Law of Money, Bernard von NotHaus, Monetary Architect of the Liberty Dollar

• "...There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose" — John Maynard Keynes

• "The central bank system is the greatest scam ever perpetrated on an ignorant public. The eternal enemy of every central bank is... Gold" — Richard Russell

• Marriner Eccles, Governor of the Federal Reserve System, testified before the House Committee on Banking and Currency, September 30, 1941. The purpose of the hearing was to obtain information regarding the role of the Federal Reserve in creating conditions that led to the depression of the 1930s. Congressman Wright Patman, Chairman of that committee, asked how the Fed got the money to purchase two billion dollars worth of government bonds in 1933. This is the exchange that followed.

  ECCLES: We created it.
  PATMAN: Out of what?
  ECCLES: Out of the right to issue credit money.
  PATMAN: And there is nothing behind it, is there, except our government's credit?
  ECCLES: That is what our money system is. If there were no debts in our money system, there wouldn't be any money.- The Creature from Jekyll Island, page 188, by G. Edward Griffin

• Patrick Henry against the Federal Constitution June 5, 1788 "The first thing I have at heart is American liberty; the second thing is American union."

• February 16, 2007: Excellant commentary by Matthew Pitagora, Liberty Dollar of San Jose, on the new U.S. Mint Presidential $1 coin

• "Paper money will…ruin commerce, oppress the honest and open the door to every species of fraud and injustice." – George Washington

• Banks that hold the controlling stock in the Federal Reserve Corporation:
  Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Israel Moses Sieff Banks of Italy Warburg Bank of Hamburg and Amsterdam, Lehman Brothers Bank of New York, Kuhn Loeb Bank of New York Chase Manhattan Bank of New York, Goldman Sachs Bank of New York.

• The Legal Definition of a "Dollar": From the Coinage Act of 1792; a dollar, or unit, is clearly defined as 371.25 grains of pure (.999) silver.

  The Nature of Money

  Fifty years ago, one ounce of silver would buy about four gallons of gas. Well, one ounce of silver will still buy four gallons (or more!) of gas. Fifty years ago, one ounce of gold would buy a very nice hand tailored mans suit. It still will! The dollar used to be backed by real gold and silver. Gold and silver have not lost their value. It is the dollar that is now worth about 4% of what it was in 1913. Gas, food, and almost everything else have NOT gotten more expensive. It only seems that way because it takes more and more of the worthless paper dollars to buy the things we need. Inflation is a hidden tax. When congress wants to spend more money than they have, they borrow it from the Federal Reserve. More money is printed and put into circulation. More money in circulation means each dollar is worth less. Gold and silver are REAL money as America's Founders intended.

  As you may be aware, our country's monetary system faces a unique situation and difficult problems
  simply because our money is not tied to any value. It is totally based on debt, undisciplined and manipulated
  by the Federal Reserve and the Government.

  LASSEN PRECIOUS METALS
  P O Box 2345
  Susanville, CA 96130
  (800) 791-3393
  (530) 257-9033

  E-mail us:

  Mailbox graphic courtesy of Wilsons

  © 2008 by Lassen Precious Metals