I pulled this from www.howtovanish.com.....click for full link.
I believe this is a serious issue everyone should be aware of. Our own ignorance will bind us if we do not educate ourselves. Is Anne Tompkins the real terrorist here? Lying to instill fear in others? For shame, for shame.
Liberty Dollar II – Did Prosecutor Anne Tompkins Violate Ethics Rules?
by Bill Rounds J.D. on April 11, 2011
Anne Tompkns’ Liberty Dollar saga continues. Since the conviction of Bernard Von NotHaus for his involvement, there has been significant discussion about that case, its merits, motivations and implications. Contrary to the reports of many commentators, the legal issue in the case was fraud rather than a tyrannical government unjustly imposing its will. In a follow up article Liberty Dollar Part III I will include a much more detailed analysis of the relevant law and its constitutionality.
But there is an aspect of this case that has the stench of tyranny which I think a lot of people smell. The motivation of the United States attorney’s office, including Anne M. Tompkins, Jill Westmoreland Rose, and others, is much more suspicious.
It is possible that some of the prosecutors involved in the case have violated Rules of Professional Conduct. A violation could subject them to professional sanctions and possible disbarment. They may have also defamed Mr. Von NotHaus. I am approaching this professionally from a criminal defense perspective and a plaintiff’s tort lawyer as if I were advocating for Mr. von Nothaus. Prosecutors Made False Statements of Law In The Indictment
Prosecutors indict people who they think have broken the law. The indictment is the legal justification for depriving people of their liberty and property.
The indictment in the Liberty Dollar case (at paragraph 33) states:
Article I, Section 8, clause 5 of the United States Constitution delegates the power to coin Money and to regulate the value thereof. This power was delegated to Congress in order to establish and preserve a uniform standard of value. Along with the power to coin money, Congress has the concurrent power to restrain the circulation of money which is not issued under its own authority in order to protect and preserve the constitutional currency for the benefit of the nation. Thus, it is a violation of law for private coin systems to compete with the official coinage of the United States. (emphasis added)
There is no basis in the law or anywhere else which can support the part in bold letters in any way. I will compare the prosecutor’s false and misleading summary of the law to the actual law.
Here’s a lovely chart indeed from Ed Steer at Casey Research……
Keep in mind that when this price movement happened this was confined to the US markets alone. And there was no public internet. If you wanted to make a trade you had to have a broker and an account with them. You had to call them and execute the trade. Think about this. Who knew what was even happening? Most people checked the paper the NEXT day for price movements.
Also, there was much more silver above ground back then available for investment. Most of the trading done today is through ETF’s and stocks and many other variations of paper that are not the real deal. Now you have many people internationally who want physical silver. Yeah there are still a lot of boobs out there trading paper but there will come a day when their shorts are on fire and as John Embry says, “ they will find religion.”
I know you all see predictions of price movements to $50 and $80 and whatever. That report I sent out yesterday was decent enough but a long term price of $17.00?!?!
Get it out of your heads. All these people have paid subscribers that they must offer up realistic price expectations to. They look at charts for the last year and project 8% gains. Most of them have no idea what the real supply and demand fundamentals are. Whenever you read an analysis done of silver that is very extensive the price projection is always in the hundreds of dollars. Why is that? Informed, educated guesses or reading tea leaves? Is the guy reading a chart reading tea leaves or is the guy holding silver in his hand who can tell you how much silver is produced every year reading tea leaves?
Think for yourselves and enjoy the ride.
"Here's a Casey Research chart that was sent to me by Washington state reader S.A. It's my personal opinion that the 1980 high in 2011 dollars is supposed to be in the $165 price range...but $110 is a nice jumping-off point."
My background post BS was recruiting engineers for the automotive industry and then I moved on to finance. I had started investing for the first time during the .com boom and did quite well in very short order, thank you. And just as fast got burned. Being in finance I HAD to learn the markets in order to communicate with my high profile clients. Way leads to way and losses outweighing gains led me to understand how rigged the markets are. That's what led me to silver. That's now my goal, to teach others what I have learned.
All information provided on this blog are the personal opinion of the author. I am not a financial advisor nor do I promote the use of them save a very select few. All individuals are responsible for thier own decisions and I encourage all individuals to make decisions based on their own due diligence pertinent to their needs and comfort level. Knowledge just may be your salvation.