Today we are joined by Rob Gray, founder of the AOCS (American Open Currency Standard) to discuss AOCS copper, silver and gold as a barter currency and all things monetary.
The AOCS exists to expedite the implementation of metal as money. They actively prospect, train, and support the 3 groups that comprise the AOCS: Merchants that accept AOCS Approved Currencies, Currency Issuers that conceptualize & requisition new minted pieces, and Trade Coordinators that exchange the Currencies with the general public. The AOCS promotes local enterprise and rebuilds local community wealth.
The AOCS promotes a “value for value exchange”
A good way to understand this is to think about the US fiat currency. Imagine a $50 US Federal Reserve Note. Think about what it is “worth”. Most people will quickly answer “$50?. However, the note is merely paper with ink on it, worth plainly no more than a few cents. The currency is worth “$50? only because a merchant is willing to give you $50 worth of value in exchange for it. Also, the courts have decreed Federal Reserve Notes “legal tender”, meaning that the can be used in payment of taxes and to satisfy a debt obligation.
So a paper currency is worth something only when someone is willing to give you something in exchange for it. An AOCS silver currency, however, is valuable whether it is traded or saved. When you exchange silver with a merchant, you are trading value for value. It has two “values”: an intrinsic value and a face or trade value. When you exchange an AOCS currency at a participating merchant, you receive “face value”. If you ever need to melt and sell the currency (which we do not recommend), you will receive “bullion” value. Either way, the currency can not be artificially inflated and will never be “worthless”.
When you exchange in trade with an AOCS Merchant you trade Value for Value, instead of paying for goods and services with fiat debt based Money.
Resources for today’s show…
- Members Support Brigade
- TSP Gear Shop
- Join Our Forum
- MURS Radio – (sponsor of the day)
- Bulk Ammo – (sponsor of the day)
- TSPCopper.com – (a limited number of items are currently available, more to be added soon)
- The AOCS Website
- The AOCS Marketplace
- The AOCS Facebook Page
- The AOCS Mint
- Ron Hood’s Survival.com Magazine
Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.