16 Comments
19 hrs agoLiked by Radio Far Side

Go search the Gilligans Island

Episodes of believe it was called a little dictator

He washed the shore pretty much took over and issued currency, which was Treebark with his signature or possibly seashells, and the expected result of rapid inflation soon followed

It should be noted that the chairman of the federal reserve was named Minnow

The producer hated him and that is why their Boat was named Minnow

What are the Robin Hood episodes from the 50s or 60s with Richard Green Dealt with diluting the currency

Where Robin Hood and his band start issuing full weight currency and as usual, good money chased money off the market.

God says in the Bible, I have warned you over and over “rising up early” is the term, but we are under a delusion and are suffering the consequences

Expand full comment
author

I know the Gilligan episode of which you speak. I have a couple of seasons in my library. I haven't thought about the old Robin Hood series in ages. There's an interesting legend here about a man named Si Pitung, known as the Robin Hood of Indonesia. He would steal goats from the Dutch overlords, then sell them back and distribute the wealth. That is a guy I could get along with.

Expand full comment
19 hrs agoLiked by Radio Far Side

I met Von Hothaus at a meeting during the Ron Paul campaign

He was invited to speak about his work in Asheville, North Carolina on the liberty dollar.

Only two of us in the room Other than Hothaus, understood Anything about the precious metals market, and hard currency. While I wanted him to succeed with all my heart I saw his approach as deceptive and told him so. At the time you could buy his medallion, it could not be called a coin, for $20 and that was the denomination embossed on it. Price of silver was 15.

And was climbing at the time

he said when the price reached I think it was $20 on the spot market you could turn in your $20 denomination liberty dollars and they would be struck at $25 face value. I believe you paid three dollars per medallion for that, he emphasized that you would make a profit of two dollars .

I asked him what he intended to do when the price went down, but I do not recall that he had an answer.

In my conversation with him with my friend joining in, we told him his premium which is the price above spot was too high as you could normally buy silver two or three dollars above spot.

When I called him out on this being moneymaking pyramid type scheme, he was not really happy, but I could see his face change when I told him I would be all in if he took the nomination off of the medallion, removed all references to dollar and the United States and simply simply put the weight and purity On his medallion.

One would be expected to pay a premium above spot for the striking cost, and as people got a custom to trading in silver using the liberty medallion, this would quickly crossover to other medallions, struck by private mints which were cheaper to purchase per ounce than American Eagles.

Of 50 or so people in that meeting, they seem to be universal acceptance of what I was suggesting to him. None of this was hostile. Simply two people discussing how to further hard money and get the public out of the grip of the federal reserve. I bought one. It was a beautiful medallion.

After meeting a small group of us met him again talking about this and I told them he is going to be taken down by the feds because he’s competing with them using the word dollar.

It has been some years past, but I remember following some of the case when he was taken down I think they pulled the trigger because he was going to strike a one dollar copper Medallion with Ron Paul on it.

As a recall, the key point of the feds argument against him is people would be deceived into thinking his medallion was official US currency.

That is absurd on its face, and I don’t know any currency that has a web address on it.

Using hard currency will work just fine and sales and trades between individuals not intend to put any of them in the bank.

However, if I have to make a car payment, I’ve got to find somebody who will convert that silver into federal reserve notes

Same with the store owner at the end of the day he hast to go down to the bank until they accept a $1.01 ounce American Eagle or a $50 one American Eagle gold coin at the market price of the metal. I’m afraid it’s not gonna happen.

Was taken down because he was going to trade oil on the euro

His making a gold coin and I believe he had Babylon on it, would’ve been a little consequence to America.

Expand full comment
author

True, when he put United States on the coins and paper, he sealed his fate. Under the Coinage Act, Congress is the only body authorized to issue US Dollars, but any coin that met the weights and measures could be called a "dollar" by definition. Of course, it would have taken an act of Congress to set the exchange rate for his dollars, by law. Von NotHaus had about 90% of a great idea, but he didn't do enough research. The National Banking Act of 1863 ended the Free Banking Era and solidified the federal take-over of the nation in the wake of the Civil War. The feds can claim "US Dollar" exclusivity, but not "dollar".

Expand full comment
23 hrs agoLiked by Radio Far Side

Two brilliant movies. I own both the DVD and the soundtrack to The Swimmer, one of Lancaster's underrated but exceptional films.

Expand full comment
author

"The Swimmer" is such a unique premise and all the performances are top-notch. The writing is fantastic, as well. It's a shame that it's nearly forgotten these days, except among Burt and Sydney fans. "Mister 880" is just a good story well told. I dust it off every few years just for fun. I figured you'd be the one who knew them both.

Expand full comment

One of the attractions of Lancaster's performance in The Swimmer (at least for this woman) was that he was 54 at the time and still looked like a Greek god.

Expand full comment
Sep 19Liked by Radio Far Side

"Everything that dazzles is not tender."

I think you mean "Not everything that dazzles is tender." Your sentence means the same thing as "Nothing that dazzles is tender," which I'm guessing is not what you intend to convey.

Expand full comment
author

Ah, a grammarian. Welcome to the fray. As a variant on "all that glitters is not gold," my phrase conveys the same concept, though I purposely injected a bit of double entendre, in that "dazzle" can be both figurative and literal. For instance, a pile of FRNs may dazzle the senses, but does it represent lawful tender, or just legal tender? Furthermore, a diamond may dazzle, but it is not generally considered legal tender. You are right, and yet the phrase works on several levels, I think.

Expand full comment
Sep 18Liked by Radio Far Side

Once again, right on target.. Nixon's closing of the gold window (even if private ownership was verboten at that time) started the ruination of our dollar. I understand that there was such a drain on our gold reserves because several countries wanted the metal in repayment for money they lent us to carry on acting badly in VietNam, At 35 bucks an oz. a lot of ounces were leaving ft. Knox headed over seas. T.T. mentioned Qaddafi and his fate (Saddam's fate was for similar transgressions}, but didn't mention what happened to all of his gold. I suspect much of it went to fill empty shelves at the gold depository at Ft. Knox which hasn't been audited in forever.

One thing I do disagree with Mr. Farside, is the bitcoin stuff. Anything that exists in cyberspace is not real. You did mention problems if the power grid goes down, but I believe that anything (block chain) that claims to be unhackable only gives a challenge to a group of geeks, and I suspect that breaking into the bitcoin vaults is being worked on as we speak (type). I may be old fashioned ( i do have Luddite tendencies) but I rather keep my assets in tangible forms that I can hold in my hand or sit on.

Any way, thanks for the article --I do enjoy your work.

Expand full comment
author

Excellent comment, thank you! Yes, I am very aware of the hacking problem, but I note that most currencies are digibits now, in any case. Between debit/credit cards and online shopping, there's not nearly as much cash trading hands these days, certainly not at the nation/international levels where transactions are little more than blips on a ledger, much like Bitcoin. If the system goes down, it all goes, not just Bitcoin.

With Bitcoin, no one has yet figured out a way to counterfeit them. They must be mined with energy input and no 3rd party risk, much like gold. The exchanges get hacked regularly, but I keep mine in a cold wallet in the safe. They cannot be hacked or stolen until I load them into a hot wallet or exchange. I do not trust most of the cryptos out there, but from everything I've seen and read about Bitcoin, it's about as good as it gets, and being distributed tech, there's no central location to hack unless the BTC is sitting on an exchange or with a brokerage. Even better, you can drop me naked in the middle of the Gobi desert, and as soon as I get my hands on a phone I can rebuild my wallet with my pass code.

No system is perfect, even cash and gold. However, in my estimation BTC allows me to carry millions of dollars around and no one has a clue. It's worth considering, seeing as how the digibux betray our privacy as a built-in function, and anymore we have to transact at a distance. The Templars were on to something.

Expand full comment
Sep 18Liked by Radio Far Side

The Constitution is silent on the Federal Reserve Bank, which is a private corporation masquerading as a federal agency, like its progeny, the Internal Revenue Service.

Expand full comment
Sep 18Liked by Radio Far Side

Way back in 2002, I met Bernard von NotHaus at a conference in Las Vegas. Also did some redemption centre work. He visited my home in 2006. Good guy. Has an extensive collection of artefacts such as a trillion reichsmark note from Weimar Germany time and a Continental from 1785 or so. His son Extra von NotHaus was interested in taking up the mantle and doing some projects, but I don't know where that situation is at the present time.

Expand full comment

Good article and all too true. I bought several Von Nut House Ron Paul coins back in the day. I still have a couple of them. Damn shame what the government did to Von Nut House. But look what Obama did to Gaddafi when Gaddafi tried to start a gold backed currency in Africa. At least Von Nut House wasn't sodomized with a knife.

The state and bankers hang onto their monopoly of money and force like a heroin addict with it's last needle.

Expand full comment
author

The goal clearly is to hold title to the entire planet and make every being on it subservient. I am of the opinion that their best laid plans are unravelling as we type, but that gives even more impetus to get a replacement in place, or spend decades (if not centuries) trying to recreate civilization. One way or another we will be pushed to action. I always prefer to be proactive and reduce stress levels.

Expand full comment

Rufus, I agree. Be proactive. It does make for better health.

Expand full comment