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Spotted this at Rumor Mill News There's apparently this underground currency floating around. Not green Federal Reserve Bank notes, but papers of different colors backed by precious metals. NORFED, the National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code, produces these Liberty Dollars and has a network of Redemption Centers, individuals, businesses or organizations that have signed a contract with NORFED and use The Liberty Dollar. (No SS# is required.) Legally, the American Liberty Currency is a warehouse receipt that guarantees that whomever is holding the currency has ownership to the silver that is stored in the insured warehouse. The $10 Certificate is backed by one Troy ounce of pure .999 fine silver, the $5 by a half-ounce and $1 by a tenth-ounce.  The $500.00 gold certificate is backed by one ounce of pure .9999 fine gold. What were my green bio-survival tickets backed by again? Our collective imagination...right. Why not agree to trade different pieces of paper for the things we all need? I'd say that the value of a precious metal involves a bit of imagination also, but at least there's something tangible behind this currency, rather than the whim of a guy in a suit.

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