Promotion of silver as a form of money

I sent the following letter to Mike Maloney, CEO of GoldSilver and WealthCycles. Let’s see if he answers back.

Promotion of silver as a form of money.

You and I both share a preference for the GOP candidate Ron Paul, who advocates a return to hard money. His ‘End the Fed’ campaign has successfully influenced rhetoric surrounding the government’s monetary policies. I believe that you will find, at his rallies, a youthful exuberance for experimentation and an excitement about putting words into action. You will also find his supporters to be the most sympathetic for a return to hard money.

At any political rally, we also find various vendors, usually selling t-shirt and other paraphernalia bearing slogans and promotional imagery. Because Ron Paul’s supporters will be the most sympathetic for a return to hard money: I propose an experiment that just might grab the campaign some newspaper headlines.

Prior to a rally, inform everyone gathered that you will have several booths (clearly marked) which will exchange the government’s paper dollars for silver coinage. Because most vendors ware’s are usually less that ~$30 you should have at the exchange coins smaller than 1oz. Encourage the vendors to accept only the silver coins (and promise that you will exchange them back into government paper if they wish). The goal is to have, for the duration of the rally, a ‘hard money fair’ in which actual silver coins operate as the money (as would tokens/tickets at the fair).

Successfully pulling off this stunt accomplishes several goals: 1. It gets a small portion of the populace familiar with using silver coins as money. They can go on to spread the novelty. 2. Nothing like this has been done at any political rally. The novelty should attract some media attention. 3. It allows the campaign to ‘put its money where its mouth is’, in a way that no other campaign could possibly replicate.

I give you this idea freely, because I am not personally in a position to carry out such a plan, but it seems to me that you have the resources and might be sympathetic to the concept, as radical as it may at first appear.

Your customer,
Eric Hennigan