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Silver as the Fulcrum of Value

Some Unconventional Thoughts on Balance Of Trade By Pat Fields A nonchalant comment I’d posted to a thread on Facebook reflecting on a Zero Hedge article relating to bullion bank Scotia Mocatta’s curious accounting for their silver holdings sparked a small brush fire of e-mails among the folks here at AOCS. Particularly, it was my…

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A Currency’s Value: The MarketPlace

Our MarketPlace, for no good reason, still happens to be the most overlooked component of the AOCS model. First, our core team is missing a MarketPlace Director. Without someone accountable driving the growth of the MarketPlace, it merely wanders aimlessly in the seas of distraction. We still desperately seek the right fit for this position,…

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Bimetallism and Trimetallism

The basis of the American Open Currency Standard is pure .999 fine Silver. In fact, one of the few things the AOCS actually does is define the relationship between Currency Trade Units and ounces of fine silver. In a nutshell, it’s the main reason we exist. According to the Standard and present live market price…

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Facing Up to Face Value

I am often asked about the face value when I’m speaking to a merchant, potential currency officer or customer about AOCS silver and the AOCS model. Where does the “fifty” come from anyway? Who decided to value an ounce of silver at fifty and why do we need to even bother with a face value?…

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AOCS & Liberty Dollar Compared

As many reading this may quickly point out, the Liberty Dollar is not gone.  It is dormant, possibly hibernating, patiently awaiting its day in court.  I would like to take a moment to point out a few similarities (and significant differences) that will help the American Open Currency Standard from attracting a similar fate. –…

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