NORFED Liberty Dollar Newsletter - May 2006

LIBERTY DOLLAR NEWS: May 2006 Vol. 8 No. 5 CALL TO ACTION: Welcome new readers, Associates, Merchants and RCOs! A lot more is developing, so if you have not become a Liberty Associate yet, I encourage you to join the party. The longer you wait - the more you lose. Lots happening in this issue. Liberty Dollar is HOT with four mainstream articles. Don't miss the enclosed articles by Dave Gillie and Dan Priest. WOW! Ten RCOs in California. LDU looms to be the best ever. A Spanish counter mat and brochure is now available. Read all about it and introduce someone to the "inflation proof currency" that really works! TABLE OF CONTENTS:

Move Up to the $50 Silver Base... ready or not?!
Articles, Articles, and an Article by the New York Sun
What to Do? Read "Richest Man in Babylon"
Spanish Brochure and Counter Mats!
Ten RCOs in California & More Coming!
LDU9 and LDU10 WOW...
BIG Prize for Jan-July 1999 Newsletters
Letter / Article to the Editor
Success Story / Incident of the Month
Question of the Month
Liberty Associate of the Month
Quote of the Month
Move Up to the $50 Silver Base... ready or not?! Gold hits a 25-year high. Silver reaches a 23-year high. Barclays Bank launches an Exchange Traded Fund (ETF) for silver. China and India announce ETFs for gold. Our US government continues to add budget and trade deficits that will ensure that the value of the US dollar will continue to lose value against most world currencies and precious metals. Add to that the continuing war and soft home market… who needs enemies? Especially with such an unpopular puppet in the White House. From every indication, metals have no place to go but up. Does anybody have any idea what Bernanke and the Federal Reserve will do, now that a penny costs more than a penny to make? Do many of us care anymore? I think not. Why? Simply because those who know much about monetary history know that you have to look out for Number One. And I am happy to report that an increasing number of people are becoming aware of the Liberty Dollar Solution. How many times have your seen the "collapse" used in relation to the US dollar? It seems like almost every article, across the board from mainstream press to internet rants acknowledge the strong possibility of a currency failure or outright collapse. But never a word of what happens after such a collapse. Planes stop flying? Businesses stop? People stop eating? No. One way or another, life will go on even if you follow the Roman model and witness a worldwide monetary collapse and fall into a black hole, discovering the Dark Ages again. Quite frankly, I would prefer not to spend my "golden years" in a black hole. So I am very pleased that most of the people I know have a positive outlook and agree that it is better to take action now and be well-prepared to profit from whatever the future may bring than be a doom and gloomer.

And that is exactly what the Liberty Dollar is doing now that the 30 day moving average (30DMA) is over $13.00 for silver. On May 19th it was already $13.15. Remember the Liberty Dollar will move up to the $50 Silver Base when the 30DMA stays over $16 for 45 consecutive calendar days. So regardless of the current correction, the Liberty Dollar organization is continuing to do everything possible to manage the Move Up to the $50 Base much better than the Move Up to the $20 Silver Base on November 25, 2005. We have learned our lesson; we now know what to expect and we will be prepared. You can look forward to a complete set of currency with $50, $20, $10, $5 and $1. And four denominations in silver: $50 one ounce Silver Liberty, $20 Lib with two-fifths ounce, $10 Lib with one- fifth ounce, and $5 Tenth Liberty. Our goal is to be ready and we are already working to meet that goal. Thanks again for your patience as we Moved Up to the $20 Silver Base. 2. Articles, Articles, and an Article by the New York Sun After using the Liberty Dollar in commerce, the second most important request we ask of Liberty Associates is to seek publicity for America's inflation proof currency. Toward that end, we are enjoying a fountain of articles. There were two articles in February, three in April, and so far in May there have been a whopping four articles. This is tremendous coverage of the Liberty Dollar. All because of your efforts. Thanks! And a lot of the articles were on the front page. Of special interest was the New York Sun article that was on the front page in color with a great photo of the currency fanned out, showing all the denominations. Here is a list of articles in May: http://www.libertydollar.org/html/articles/WeightInSilver.asp http://www.libertydollar.org/html/articles/SunReplaceGreenback.asp http://www.libertydollar.org/html/articles/SunshineAcceptance.asp http://www.libertydollar.org/html/articles/MoneyInTheBank.asp All the articles are archived on the Press Page at: http://www.libertydollar.org/html/articles.asp Say what you may about the mainstream press but it has introduced the Liberty Dollar to millions of readers with a mostly positive message. I encourage you to take the Liberty Dollar to your local newspaper. Simply copy a few of these articles and some Liberty Dollars down to your local newspaper so they can see how newsworthy the Liberty Dollar is. There is no doubt that the Liberty Dollar is "newsworthy" and if you live in the newspaper's circulation area, it is doubly newsworthy because it is "local" interest. Give it a go. Walk in and ask to speak to the Editor. Do the Drop. And some have fun! Nothing ventured - nothing gained. 3. What to Do? Read "Richest Man in Babylon" Are you at odds as to what to do with the raging metals market? Take a moment and look at what's happening elsewhere and then consider what to do. For example, in Harare, Zimbabwe, there is a "little" inflation. In fact, toilet paper at a supermarket near the center of the capital costs $417. No, that's not for a pack of four rolls or even a roll. A single sheet costs four hundred seventeen Zimbabwean dollars! A roll costs $145,750 in Zdollars, about 69 cents in US dollars.

The dollar is falling and doing so at a quickening pace. It's falling against the euro, the Japanese yen, the Swiss franc, the British pound and even the Brazilian real. Its decline could have more impact on your financial future than the latest rise in the Dow or the next interest-rate decision by the Fed. Depending on the choices you make, it has the potential to gut your investment portfolio ... or send it soaring. This hasn't always been the case. In fact, previous phases of the dollar's fall were mostly ignored by Wall Street, Washington and individual investors. Now, however, we are entering a critical new phase of the dollar's decline. One of no return. And the May consumer confidence confirms that with its lowest level since October 2005, when the nation was reeling from the aftermath of hurricanes Katrina and Rita, which destroyed petroleum refinery capacity, sending gasoline prices through the roof. The University of Michigan's preliminary May index of consumer sentiment was 79.0, down from April's final reading of 87.4, according to The Washington Post. Ever read "The Richest Man in Babylon" by George S. Clason? If not, I strongly urge you to get a copy ASAP. Only $6.99 on Amazon. It is an easy read of simply parables. What to do? Well, to paraphrase a lesson from "The Richest Man in Babylon," simply, take 10% of your paycheck and buy silver. Period. That's it. Take a specific amount in FRNs per week or pay period and buy silver. This is known as "dollar cost averaging" which is the best-proven way to invest. And although the Liberty Dollar is a NOT an investment, this specific recommendation is not to get Liberty Dollars, but to buy silver at the lowest possible price. But then again, you may find, like so many other people, that getting Silver Libertys is an excellent way to profit and grow your silver holdings because as an Associate you can get Liberty Dollars at a discount and use them at a profit, thereby being able to get even more silver. Please get a copy of "Richest…" and read it and share it with your family. 4. Spanish Brochure and Counter Mats! For years we have talked about a Spanish Brochure. Then one day I call Alfredo Pacheco. Quickly he translated the brochure and it is already at the printers. Within a few days we will have Spanish brochures and although it is focused on Puerto Rico, it will work very well for your Latino market. Plus, Alfredo translated the Merchant Counter Mat and those are also in production. Delivery time is mid-June. Please place your orders for both of these items and we will ship ASAP. Thank you Alfredo for all your assistance and support. 5. Ten RCOs in California & More Coming Regional Currency Offices continue to zoom along. As we approach our third RCO anniversary on July 15, there are now 78 RCOs across America. Unbeknownst to most people a single layer geodesic monetary network is evolving quite nicely. Probably just in time as has been America's good fortune. Currently there are three states with five RCOs: Texas, Michigan and New York. And Florida has six already. But from far behind, California has caught up and now has a whopping 10 RCOs! Yea California!!! And soon to be the home of Liberty Dollar University 12 in January 2007. Congrats to all the RCOs!

A couple months ago Steve Brendtro, good guy and RCO in Kansas City, Missouri, did some amazing research when there were only 68 RCOs and found they cover a total of 4989 postal codes in the US out of a total of 42742. At that time RCOs covered 11.6724% of the country! Now with 10 more RCOs, I bet the coverage is over 15% and maybe close to 20%! This is an amazing development. So if you like the Liberty Dollar and really want to do something, consider opening a Regional Currency Office in your town. You will get a region that you own as long as you pay the annual charter fee of only $1000. Certain specifications apply. Not all applicants are qualified or accepted. Please read: "Is a RCO Right for Me" first at http://www.libertydollar.org/html/RCO_Right_For_You.asp and then submit your application if you really want to "make a difference" and make money too!!! And if you are still wondering about the RCO Business Plan, please read the following article and come to Liberty Dollar University for only $200! It is a hoot! My congratulations to all the hard working and dedicated RCOs. When fully deployed and all zip codes in the USA are assigned to the RCOs, we project a total of approximately 555 RCOs. Don't wait. America needs more RCOs. Hijack your town today! Plan to come to LDU10! 6. LDU9 and LDU10 WOW... Liberty Dollar University 9 was SUPER! 27 dedicated and concerned Americans came together and had a terrific time, just south of Washington, DC, in Alexandria, Virginia. Kevin Innes assisted me at our latest LDU and several of the students have already become RCOs. Remember if you are wondering about being a RCO, coming to LDU is the best way to find out if it is right for you. Dan Priest who attended LDU9 and later become our "newest RCO" filed this report: LDU9 - Well worth the investment! After signing up to be a Liberty Dollar Associate I knew I would be going to the Liberty Dollar University sometime and I decided to go to the LDU9 in Virginia. I am glad I made this decision and I highly recommend attending a Liberty Dollar University to anyone interested in the Liberty Dollar and how it and you can make a difference in returning our country to value. I got to the Hotel a little early because of my flight schedule and I first met Jeff Kotchounian, a jovial and passionate RCO from Michigan. He gave me an overview of what to expect and shared freely of his experiences with the Liberty Dollar. I couldn't have asked for a better person for a first impression! LDU9 provided me with three really powerful things. First, I got to be with 27 people who were similar to me in their love of our country and see our monetary system as a root source of much of what doesn't work in America and even the world. They all were bright, passionate and well-read with a desire to continue learning and to make a difference. Second, because of the mix of seasoned RCO's and new people, LDU9 provided a great forum to learn what is working out in the real world and what doesn't, all backed by experiences told by individuals who are in the game and having fun. The whole thing really was more like a group of entrepreneurs getting together for a structured brainstorming session. Third, we all had a chance to practice speaking with merchants about the Liberty Dollar and the benefits of becoming a Liberty Dollar Merchant. I have participated in many "sales trainings" in my life and they

can be a real drag. However, this was a riot with everyone having a chance to be both merchant and Liberty Dollar RCO. Even the old timers participated and provided comic relief. At one point Karl Reile, RCO from New York, played the part of a "tractor driving, lingerie wearing, yogurt sucking merchant..." while Bernard tried to sell him on the advantages of being a Liberty Merchant. It was a hoot! Bottom line is that I left LDU9 well informed and excited, with a solid business plan for building an RCO business. I strongly recommend future Liberty Dollar Universities as a sound investment when launching your Liberty Dollar endeavors. Editor note: Thanks Dan for coming to LDU, this fine report and becoming a RCO. It is up to us to change the money / change the country. 7. BIG Prize for Jan-July 1999 Newsletters What to win a truly BIG prize? We are offering a big 2-1/2 inch $50 Silver Liberty with five ounces of silver for the six newsletters from January through July dated 1999. We just discovered that in all the changes, we have dropped these early records of the Liberty Dollar. I am sure if you have any of these months, we could find something really nice as a reward. And if you have all six, the $50 Silver Liberty is now over $75 bucks! Please check your files, we really need these six reports. 8. Letter / Article to the Editor Dave Gillie, one of the outstanding RCOs in the great state of Michigan, recently attended a business expo and filed this report. As you can read, Dave was a bit intrepid but was candid enough to share his experience with us. In fact, the quick list of "Benefits to the Merchants" is quite good and well worth using. On April 27th I went to our County's regional chamber of commerce's "Business2Business Expo." http://www.flintchamber.org/expo_home.htm There, 200 businesses (including my RCO) had tables set up to show off what their business could do for other businesses. 2000 other business people came for the half-day expo to see and talk. I was very nervous about how the American Liberty Dollar would be viewed by this many, mainly larger, businesses. I had my wonderful wife and a very personable, cute, smart cashier from my restaurant come along to help greet people and explain the ALD. We set out hundreds of silver ALD in a display case on the table, put up a nice large banner Jeff K loaned to us, freebie pens and coupons from my restaurant and a large picture of the restaurant. In front of our table I had a huge poster touting the advantages of using ALD as a gift certificate. I thought this would help me explain it to other businesses easier as money. (I did worry about it "demeaning" the ALD a bit). The poster read: Use Real Silver Money As Gift Certificates! There are many Advantages to using Real Silver Money and as Gift Certificates!

Make money when you distribute them (get them at a discount then use them at face)
Cheaper, more Profitable & Safer than Couponing!
Spendable at MANY businesses (ones that sign up AND many others just because they're "cool" real silver!)
Get FREE Advertising from being on list of those who sell and/or accept them
Get return customers and more customers referred to you
FUN to use because they're better than paper, impressive & Beautiful! (how many paper Coupons can you say that about?)
Great for promotions, employee rewards, gifts, etc.
They NEVER Expire! And they don't depend on any ONE store
Builds local business & community loyalty (as these often aren't accepted at your BiG Box National stores and chains, and won't disappear to Big international banks and China etc.)
ALWAYS worth at least their Valuable Silver content! (just like private money used in USA for most of its history!)
As Silver, they are inflation resistant
Secure, as they're Impossible to copy off a Computer!
Be part of a Nation Wide Network of local independent businesses using the American Liberty Dollar As people came by they were ALL very impressed by the sight of so much beautiful shiny silver. Of the thousands who came by, only TWO people turned away, seeming less than interested. Most people said things like "WOW!! What are they?" I immediately found it was impossible to describe ALD as a gift certificate without mentioning it was a great REAL MONEY. Surprisingly there was not much resistance to that concept even from the bankers and representatives from US Postal Service that stopped by. In fact, they, as many people there, pressured me into exchanging some of their FRNs for the silver -- even though this was not a selling expo, just an exhibiting expo. We signed up three businesses that day and many expressed an interest in my calling on them. Afterwards, I was very glad I went. It was so much FUN, not at all like work and stressful as I worried it would be. I met a lot of smart, nice people and had good conversations. I feel that it is good for the ALD now that many people in this area understand how it works, or at least will recognize it. I'll feel less nervous about visiting other businesses to present info about the ALD in the future. Dave Gillie, Michigan RCO
Success Story / Incident of the Month Didn't receive any Success Stories or Reports of Incidents. Just a lot of good press. No complaints there. Please send in your Liberty Dollar Success Story. Everybody enjoys reading how you used the Liberty Dollar. Look forward to more stories next time.
Question of the Month QUESTION: Is it too late to send in my old $10 base certificates and silver to be exchanged/reminted for the $20 base certificates and silver? If not, what are the fees?" ANSWER: Never too late. There is no fee to exchange $10 Base paper Silver Certificates for $20 Base paper Silver Certificates. You can also "redeem" $10 Base paper Silver Certificates for one ounce Silver Libertys without a fee. When you exchange one ounce $10 Silver Libertys for one ounce $20 Silver Libertys, there is a $3 per Liberty reminting fee. What you are too late for is the special reduced reminting fee that was for 60 days following the Move Up. So you may want to hold on to your $10 and wait for the special reduced minting fee that will follow after the Liberty Dollar Moves Up to the $50 Base:.
Liberty Associate of the Month Although I believe that I have known every Liberty Associate of the month, only rarely do I get to acknowledge a Liberty Associate that I have known for years. In fact I have known and worked with this month's Liberty Associate for about 15 years. Long before the Liberty Dollar became my mission, this Liberty Associate and I worked on some of the greatest coin designs of Royal Hawaiian Mint fame.

Wayne Takazono is a professional portrait artist and works in a wide variety of medias. And just recently he won First Place for the US Quarter Design Contest in Hawaii. For many many reasons, including his work on the original Liberty Dollar designs, I am pleased to name Wayne Takazono the Liberty Associate of the Month. Thank you, Wayne, for all the good times and good designs we have shared. It is always a pleasure to work with you. Congrats on being the Liberty Associate of the Month! 12. Quote of the Month "It is the duty of the patriot to protect his country from his government." Thomas Paine Closing Remarks: These are exciting time as we take back control of our money and return America to value one dollar at a time. Please share the Liberty Dollar with someone new today. Many thanks to all the Liberty Associates, Merchants, and RCOs for your continued support. For it is only by banding together and adopting a free and independent currency which provides us with "just weights and measures" will we be able to throw off the yoke of a manipulated monetary system and generate a peaceful and prosperous society. Thank you again for all your efforts to return America to value - one dollar at a time! Bernard von NotHaus Monetary Architect/Editor www.LibertyDollar.org 800.NEW.DOLLAR 888.421.6181