The new version of the Liberty Dollar is backed by pure .999 fine silver valued at $25 USD per ounce. The valuation is set higher than the current price of silver because, as Kathy Hicks, President of the Liberty Dollar Network, explains, “You can’t base a currency on the market value of a commodity, because the price changes daily. The new Liberty Dollar is based on a reasonable future valuation that gives Members and Merchants a greater trading value. When the price of silver rises, the current $25 Silver Base will raise all existing currency to a higher valuation, increasing its purchasing power.”
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