The American Open Currency Standard
The American Open Currency Standard
U.S. House representative and presidential candidate Ron Paul continues to be the hero and forefront proponent of sound, honest money. After the Fed Chairman gave his opening testimony at the House Financial Services Committee on Wednesday, Feb. 29, Paul began by asking, “Mr. Bernanke, if you don’t mind, could you tell me whether or not you do your own shopping at the grocery store?” In Paul’s view, the current inflation rate estimate is far too low. “People on fixed incomes, … [Read more...]
Introducing the first-strike of the new AOCS-Approved Ron Paul 1/10 ounce .9999 fine GOLD medallion – NOW AVAILABLE! Here is your chance to own an iconic design that represents everything from freedom and liberty to sound, honest, REAL money. Against a field of stars and stripes, Ron Paul’s contemplative image adorns the obverse of this inspirational medallion. It is reported that when the modest Ron Paul was first presented with the medallion, he asked who the “old and ugly … [Read more...]
The State Affairs Committee in the Idaho House of Representatives voted Tuesday to introduce HB 578, legislation (after the 20th day of the session in the House and the 12th day in the Senate, bills may be introduced only by committee) that will make gold and silver coin legal tender. The bill is an updated version of HB 430, a personal bill previously introduced by Representative Phil Hart. The statement of purpose for HB 578 is as follows: This legislation provides for the voluntary use … [Read more...]
Colorado Senate Bill 12-137,“Concerning the payment of debts in precious metal coins,” will go before the full Senate for its second reading today, February 20, 2012. The bill reaffirms that gold and silver coin issued by the United States government or authorized by law is a currency that is legal tender in Colorado. Working on legislation declaring gold and silver as legal currency is something that many other states, such as Missouri and Washington, have been doing recently as well. … [Read more...]
Yesterday, we posted a story about workers in France finding $1,000,000 worth of gold coins in the rafters of an old building at a vineyard facility. Today, we hear about a woman in California that stumbled upon 41 gold Liberty Head Double Eagle $20 coins while she was digging a hole to plant a fruit tree at her home. What are the chances? According to the story, Kath Bishop, of Seiad, CA, was placing stakes in her garden where she wanted to plant seven fruit trees. She then decided to … [Read more...]
Workers renovating a vineyard facility in France hit the jackpot, literally. As one worker began tearing at the ceiling with a crowbar, gold coins began to fall. Then, sacks of gold coins began to fall. In total, 497 U.S. gold coins were found in the rafters of the old building. The story states that at 17 kilograms of gold, the value of the coins is estimated around $980,000. The full story, with additional photos, can be read here. … [Read more...]
Subject: Amagi Metals Becomes Approved AOCS Dealer Date: 14th February 2012. DENVER, CO Amagi Metals has been approved by the American Open Currency Standard (AOCS) as an official AOCS Dealer and will begin offering AOCS medallions, which are widely acclaimed and used as investments and a hedge against inflation. Amagi Metals started as a small precious and base metals dealer on eBay. A year ago, it came under new management and has transformed into a reputable online source for … [Read more...]
Missouri H.B.1637, which “recognizes gold and silver as legal tender” and was previously introduced in the Missouri House of Representatives on February 2, 2012, was referred to the Ways and Means committee on Thursday, February 9th, by Rep. Paul Curtman. The proposed language of the bill, termed “Missouri Sound Money Act of 2012,” sets forth what is specifically mandated by Article I, Section 10 of the U.S. Constitution. Article I, Section 10 of the U.S. … [Read more...]
In Andover, Massachusetts, a town with a population of about 33,000 people, some city workers may soon have the option of receiving part of their pay in $1 American Eagle Silver coins. A local resident came up the idea and furnished a petition with the minimum 10 signatures by registered voters necessary to be considered at the Town Meeting in April. The idea is to help give city employees more purchasing power as a viable alternative to receiving more dollars, since they agreed to budget … [Read more...]
This Friday and Saturday, February 10th and 11th, 2012, AOCS will be present at the Dallas Self Reliance Expo being held at the Mesquite Convention Center in Mesquite, Texas. The Self Reliance Expo is a show that promotes the education of living a more self-reliant lifestyle. The show includes speakers, workshops, presentations, training classes, prizes and a number of exhibitors. AOCS will have a booth at the show featuring our copper and silver survival currency. We encourage you to … [Read more...]
