SS boots Liberty Dollars off eBay but no prosecution of HSBC money launderers
8:41p ET Tuesday, December 11, 2012
Dear Friend of GATA and Gold:
Coin World's Paul Gilkes reports this week that the Internet auction house eBay has forbidden listing of Liberty Dollar coins ... er, medallions ... at the request of the U.S. Secret Service, which considers them counterfeits of U.S. coinage:
Liberty Dollar founder Bernard von Not Haus still awaits sentencing for his conviction 21 months ago in federal court in North Carolina on counterfeiting charges brought by the U.S. Justice Department. The U.S. attorney for the Western District of North Carolina accused von Not Haus of "domestic terrorism":
Also this week the Justice Department declined to bring criminal charges against any officers of HSBC, the biggest short in the gold market, upon the bank's agreement to pay nearly $2 billion in fines for laundering $881 million in Mexican and Colombian drug gang money. The Justice Department also accused HSBC of doing business with customers in Iran, Libya, Sudan, Burma, and Cuba in violations of sanctions law:
HSBC CEO Stuart Gulliver said HSBC now "is a fundamentally different organization from the one that made those mistakes."
Maybe von Not Haus is a changed man too. At least now he has every right to look at the inscription above the columns of the U.S. Supreme Court building in Washington --
-- and laugh ruefully.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Opinion Around the World Is Changing
in Favor of Gold -- Find Out Why
When Deutschebank calls gold "good money" and paper "bad money". ...
When the president of the German central bank, the Bundesbank, pays tribute to gold as "a timeless classic". ...
When a leading member of the policy committee of the People's Bank of China calls the gold standard "an excellent monetary system". ...
When a CNN reporter writes in The China Post that the "gold commission" plank in the 2012 Republican platform will "reverberate around the world". ...
When the Subcommittee on Domestic Monetary Policy of the U.S. House of Representatives twice called on economist, historian, and gold standard advocate Lewis E. Lehrman to testify. ...
World opinion is changing in favor of gold.
How can you learn why and what it will mean to you?
Read the newly updated and expanded edition of Lehrman's book, "The True Gold Standard."
Financial journalist James Grant says of "The True Gold Standard": "If you have ever wondered how the world can get from here to there -- from the chaos of depreciating paper to a convertible currency worthy of our children and our grandchildren -- wonder no more. The answer, brilliantly expounded, is between these covers. America has long needed a modern Alexander Hamilton. In Lewis E. Lehrman she has finally found him."
To buy a copy of "The True Gold Standard," please visit:
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