Your Questions About Gold Silver Foreign Coins

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William asks…

Dept of Homeland Security may open safety deposit boxes in search of gold, silver and weapons?

Is this American?

http://www.chrismartenson.com/forum/dept-homeland-security-may-open-safety-deposit-boxes-search-goldsilver-and-weapons/52062
U.S DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS – IN WRITING – IT MAY INSPECT SAFE DEPOSIT BOXES WITHOUT WARRANT AND SIEZE ANY GOLD, SILVER, GUNS OR OTHER VALUABLES IT FINDS INSIDE THOSE BOXES!

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that “under the Patriot Act” the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make “periodic and unannounced” visits to any bank to open and inspect the contents of “selected safe deposit boxes.”

Further, the DHS “shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence” any of the following items “bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature.”
Being funded by Soros , Snopes.com is not a reliable source.

financi4 answers:

This chit needs to be halted immediately.

Mark asks…

Why are pennies unacceptable forms of payment when settling a DEBT?

The US Coinage act of 1965 says:
“United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all DEBTS, public charges, taxes and dues. Foreign gold or silver coins are not legal tender for debts.”

Confusion about paying with coins often arises from the difference between paying for something, and settling a DEBT.

If I owe you $20 and try to pay you with $20 in pennies, you have to accept it, because the coinage act says that coins are ‘legal tender for all DEBTS….’.

If I walk into your store though and offer to buy something with $20 in pennies, you don’t have to accept it – I have no debt to you, I’m merely offering to enter into a contract. You can require any payment terms you want – credit card only, no coins, even “We only accept payment in bills.”

people please if i want to pay my ticket fines with 20,000 pennies the court house has not right to refuse my payment because im not entering into a contract with them but instead settling a DEBT, and there are no laws that state that loose coins have to be rolled up either.

please note the differences between settling a DEBT and entering a contract (such as buying gum from the store)

and you all know what happens when you dont pay your debts, they add additional charges, and its BS if they refuse to take your payment so they can instead bag additional money from you

yes its me again, i even pay tolls with pennies
Im not being cute or a jerk by paying with pennies,, its the law period.

im pretty sure they have the time to count the money,,,,,, “not my problem like most officials” say

I was paying my fines with 20,000 pennies !!!!! ($200)

financi4 answers:

Well if you put the pennies in rolls I’m sure they won’t have a problem accepting it. It’s probably the counting factor that makes people not want to accept it.

Michael asks…

Since when are pennies not legal tender??? Do I have a Case?

The US Coinage act of 1965 says:
“United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes and dues. Foreign gold or silver coins are not legal tender for debts.”

The key word is DEBT, and if you get a parking ticket that means you are in debt with the county or state. Which means that if you owe them $200 you can pay them with $200 worth of pennies (20,000 pennies) and they can not refuse your payment because the coinage act says that coins are ‘legal tender for all DEBTS….’.

A few weeks ago i got bogus ticket worth $200, and like such i decided to pay them with 20,000 pennies. They refused to take my pennies and on top of that i was unlawfully detained for 4 hours for failure to follow orders ( the order was: pay in bills, debit, check,,, no pennies). and since i insisted on paying them with pennies they decided to detain me. Furthermore I had only one day left to pay my fine, but it didnt happen as they refused to take my payment, and now one of the officers told that he was going to issue a bench warrant against me for my unpaid fine (WTF!!!). Furthermore the 20,000 pennies that i had have magically been reduced to 16,000 pennies which is $160 (WTF), however i do have a receipt from the bank were it clearly states that I changed $200 for 20,000 pennies.

Not only did they refuse to take my payment, the unlawfully detained me, they stole $40 (4,000 pennies) from me, and now i might have a bench warrant (doubt it), and most likely than not they will apply an extra charge for late payment on top of my $200 ticket.

What can I do,, Sue them??? Contact the fed’s ???
The ticket was given to me for standing on the road during a traffic stop( i wasnt even driving)

The have to take my money if im DEBT, regarless of the payment type. its the law.

If you get a ticket you pay it plain and simple, and if they want to take my payment they are the ones at fault period!!!
The ticket was given to me for standing on the road during a traffic stop( i wasnt even driving)

The have to take my money if im DEBT, regarless of the payment type. its the law.

If you get a ticket you pay it plain and simple, and if they dont want to take my payment they are the ones at fault period!!!

financi4 answers:

You are wrong/

Q) I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn’t this illegal?

A)The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled “Legal tender,” which states: “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.”

This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.

Directly from the US Treasury site.

Http://www.treas.gov/education/faq/currency/legal-tender.shtml

As for the rest of your accusations, it’s up to you to prove them.

Next time you want to ‘make a point’, make sure you are right and keep from looking like an uneducated moron.

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