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Re: “Best Reason to Get Scales

Gold and Silver are still "on the books" as the lawful money in the United States. The demonitization of gold and silver were not removing them as money from the law, but instead removed them from redemption by foreign governments when U.S. notes were presented. The Federal Reserve notes that are commonly referred to as "Dollars" are really promises of Dollars lawful money. Read USC Title 12, Chapter 3, Subchapter XII, section 411. It states "They (Fed notes) shall be redeemed on demand for lawful money..."

Further, the U.S. Courts are prohibited from dealing in any money except lawful Dollars, that is U.S. Treasury Silver Dollars. This requirement was established in the Mint Act of 1792 and has never been repealed or amended. The Constitution itself restricts the government from creating money at all, and instead leaves them with only the ability to borrow or tax.

Posted by Deefburger on 09/22/2010 at 3:58 PM

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