Protect your freedom & privacy through currency, trade & commerce

There are at least two things you can do, this week, to stop the transition to CBDC’s (Central Bank Digital Currency).

Level I

  1. Use cash as much as possible
  2. Move your bank deposits to a trustworthy local, state-chartered bank or credit union (ditch the large, multi-national banks)instructions below!
  3. Do business with local people and entities you know and trust

Level II

  1. Minimize use of digital systems, including avoiding biometric technology and QR codes
  2. Advocate for legislation to restore gold and silver as legal tender. Some states already restored this requirement in our Constitution (Utah 2011, Oklahoma 2014, Wyoming 2018. Kansas and Texas are working toward this. For example, Texas Proposes Gold and Silver as Legal Tender that Will Weaken the Federal Reserve’s Monopoly. If enacted, SB 1558 would officially recognize gold and silver coins as legal tender.
  3. Advocate for legislation that prevents CBDC implementation, especially not allowing it to replace fiat or precious metals currency. For example, Oklahoma Bill Would Help Minimize the Impact of Central Bank Digital Currency (CBDC). HB1633 would prohibit a retail establishment from requiring payment by credit card or a central bank digital currency during normal business hours. Retail establishments also could not legally prohibit the use of cash, nor penalize cash customers. 
  4. Advocate for legislation or rules or regulations from the state executive branch, that encourages banks to convert their charter to a state charter. The financial stability and economy of the state improves with an increase in state-chartered banks and credit unions. For example, an Unprecedented Number Of Tennessee Banks [Opted] For State Regulators, and Tennessee has reaped the economic benefits.
  5. Advocate for creation of a sovereign state bank in your state. Catherine Austin Fitts said that next year, approximately half of the US government revenues will be needed to pay interest on the debt and we will be borrowing money to pay the interest on the debt. Tennessee State Senator Frank Niceley supports a sovereign state bank, modeled on North Dakota, to help stabilize his state’s economy. A state depository for gold is also proposed. Utah, Nevada, Wyoming and New Hampshire are issuing “gold-backs” that actually contain gold.

What is a state-chartered bank or credit union?

A local bank is a bank that operates within your local area and is primarily owned or controlled by people who live within or near your local area. A regional bank is one that operates in your state and a few other states and is owned and/or controlled by people based in those states.

Banks operate as either federal or state institutions. There are different kinds of charters for each. State-chartered banks or credit unions are “in-state Depositories,” and are therefore less likely to be affected by international banking crises.

Open accounts with a state-chartered institution

According to an analysis from researchers at Columbia, southern California, Northwestern, and Stanford, there has been a shift in the stability of banks in the United States.  Make the switch as soon as you can!

After you have a list of local, state-chartered banks or credit unions close to you, vet the institution to select the one that is best:

  1. Find a bank rating service for your area, and read the ratings
  2. Talk to local CPAs, attorneys and those in the money business locally, and ask them which bank or credit union they think is best.
  3. Visit the institution and Interview the branch manager, using the questionnaire.

    It can take some time to interview the branch manager. Make sure to ask important questions so you can determine the security of your deposits. If you have excess of $250,000, you are potentially exposing yourself to risk.

Share what you learn, connect with other Minnesotans

Connect with other Minnesotans who are interviewing their local institutions and banking with a local bank rather than a corporate bank. Share what you learn about the bank or credit union you choose. It is vital that we gather this information as a community.

Learn about our banking system

Did you know that the current federal reserve is a private institution? It is not a part of the United States government.

Did you know that we’ve had three federal reserve banks prior to the current one? We don’t need the federal reserve.

Watch Richard Werner of the Monetary Institute explain the central banking game plan in three minutes.

“Banks Hold Public Debt, Not Your Cash” (Richard Werner on how banks really work)

Richard Andreas Werner (born January 5, 1967) is a German economist who is a professor at the University of Southampton. Werner is a monetary and development economist. He proposed the term ‘quantitative easing’, as well as the expression “QE2” referring to the need to implement true quantitative easing as an expansion in credit creation. He also proposed the “Quantity Theory of Credit”, which disaggregates credit creation used for GDP transactions on the one hand and financial transactions on the other hand.

The current financial system is centralizing political and economic power in a manner that is draining or destroying living equity—people, plants, animals, and our natural resources—as well as the financial equity of many people worldwide. We liken these forces to a tapeworm, a parasite that grows stronger as we feed it. Like a tapeworm, these forces inject addictive substances into our system that we have allowed to incentivize us to participate in what makes the tapeworm strong. As we do, we are drained until we perish.

How do we stop a parasitic economy? We have come to understand that most instances of fighting or confronting centralized authority, or trying to reason with it, only add to its power and deplete our enthusiasm and resources. There is a better way—one that shifts the flow of energy back to us.

First we must each recognize our own individual role in supporting a centralizing financial and corporate system, and understand how we are connected to it and how we feed it. With this understanding, we can detach and cleanse it from our lives. We can cleanse it from our thoughts, our habits, our home, and our family. We can cleanse it from our transactions—our bank deposits, media and consumer purchases, donations, and investments. We can cleanse it through our participation in the governance of our local political, civic, spiritual, and economic systems as well other private institutions in which we are involved.” – Solari


Find updated lists of Minnesota state-chartered financial institutions
*The Minnesota Department of Commerce regulates state-chartered financial institutions.

Find the ratings and complaint history of Minnesota state-chartered financial institutions
Examination reports and ratings are classified confidential under Minnesota Government Data Practices Act and Minnesota Statutes section 46.07. Complaint files are private or nonpublic pursuant to the Minnesota Government Data Practices Act.

Statutes and rules that apply to Minnesota state-chartered financial institutions
Minnesota state statues (Chapters 46-49) and rules (Chapter 2675) governing Minnesota state-chartered banks can be found on the Office of the Revisor of Statutes website.

Find more financial resources at Solari.

  1. How to Find and Evaluate a Local Bank
  2. How Do I Find a Great Local Bank? – The Next Generation
  3. Organizing Your Financial and Legal Affairs
  4. Estate Planning 101 with Ann Christensen

Confirm that the deposits at your new bank are federally insured

United States Federal Deposit Insurance Corporation (FDIC)
550 17th Street, NW
Washington, DC 20429-9990 USA
Tel: +1 202 736 0000
Fax: +1 202 898 3772

National Credit Union Administration (NCUA)
1775 Duke Street
Alexandria, VA 22314-3428 USA
Tel: +1 703 518 6300
Fax: +1 703 518 6660

Do you want to purchase precious metals in MN?

  1. Make sure the dealer has a license. Visit the Pulse Portal / Minnesota Department of Commerce to search by the name of your dealer. The dealer must be licensed under their business name, and the employees must be licensed as well under their own names. Scroll down on the page to see the business names and employee names with licenses. Pay attention to the expiration date of their license.

  1. Assess the credibility of the dealer
    1. Make sure your dealer is ‘bonded’. This means, that they have purchased insurance, or a “bond” that will pay out money should they violate statute and you bring a lawful claim against them/the bond. The bond ensures that you will be compensated if the dealer violated the law and negatively impacted you.
    2. Search CARDS (Commerce Actions and Regulatory Documents) within the Minnesota Department of Commerce to see if complaints have been brought against your dealer. Visit the commerce page > Enforcement Actions > select ‘Area of Interest’: Enforcement Actions > enter the dealer name in ‘Respondent Name’. You can view a short description of the complaint, or read about it in depth by selecting “View Document”.
    3. Check to see if there are criminal or civil cases brought against the dealer, by checking the Minnesota court document system, searching by the dealer name or individual’s name. There are several dealers who have been criminally prosecuted in Minnesota.
    4. Check the CFTC (Commodity Futures Trading Commission) enforcement actions, to see if there has been a federal complaint or charge against the dealer. Type the name of the dealer into the search box and read the results carefully.

Red flags to listen for when speaking with a dealer

  1. Are they charging exorbitant fees and commission fees? Ask them how much they are you charging in fees and commissions. If they lie, and you find out after the transaction, that is a major violation. Record the phone conversations. In Minnesota, it is legal to record someone else even without telling them that you are recording.
  2. Are they giving you investment advice without a license? For example: “You should invest 20% of your savings in gold…” – they are not a registered broker…so they cannot legally give you investment advice.
  3. Be careful about what mint the gold or other precious metal is coming from. There are some big refineries in the united States that check all metal for counterfeit. The united States mint makes some gold coins, which we can have confidence in. The united States mint makes some silver coins too. Only some dealers can purchase from the united States mint. Some dealers will say that you must pay more for a “numismatic” coin, and will try to convince you to purchase something that “collectible value”. Beware.

Do your due diligence after the transaction is complete

  1. Check the paperwork, and verify that what is in storage is what is exactly what you purchased.

Tips to become an informed buyer

  • Learn through reading. Visit Barnes & Noble or another store or library to find magazines, such a Coin World. They cover topics from counterfeit, to what’s going on in the precious metals market.
  • Consider where you will store your precious metals after purchasing them. You can store them in a bank safety deposit box for a monthly fee, or you can seek out a “depository” that will store your precious metals for you.
  • Search for “Minnesota coin clubs” online, and attend events. Many of the people selling at these events will be happy to teach you how to recognize legitimate silver coins or real silver dollars from the 1920s, etc. Buying “junk silver” is one way to to keep precious metals around in quantities that are lesser in value. You don’t want to trade a gold coin for a loaf of bread!
  • Consider what kind of coin you want to purchase. You can purchase fractional amounts of gold, vs. a bullion coin.

Find more resources at Solari.

  1. Family Wealth with Jay Hughes
  2. Crowdfunding, What It Means To You
  3. How to Buy and Install a Safe with Dan Perkins
  4. What Percentage of My Assets Should I Hold in Precious Metals?
  5. Precious Metals Investing in Silver and Gold Coins: Audio Seminar
  6. See: Most Recent Quarterly and Annual Equity Overviews