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ISIS Unveils Its New Gold-Backed Currency To Remove Itself From "The Oppressors' Money System"
It appears the rumors are true. Islamic State is set to become the only 'state' to back its currency with gold (silver and copper) as it unveils the new coins that will be used in an attempt to solidify its makeshift caliphate. ISIS says the new currency will take the group out of "the oppressors' money system."
As Zaid Benjamin notes, ISIS releases details of its new currancy with golden 1 & 5 dinar, silver 1, 5, 10 dirham and copper 10 & 20 fils
#Iraq | #ISIS says the new currency will take the group out of "the oppressors money system" pic.twitter.com/4S4GcM86Jk
— Zaid Benjamin (@zaidbenjamin) November 13, 2014
* * *
It seems Alan Greenspan may have been on to something after all...
"Remember
what we're looking at. Gold is a currency. It is still, by all
evidence, a premier currency. No fiat currency, including the dollar,
can match it."
* * *
Of course this will mean more physical demand - along with Russia and China - and so more price suppression by the West.
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What's the big deal; I'm sure ISIS is on SWIFT.
Anything useful to add or just another 9-year old troll?
Alan Greenspan as a delphic oracle doesn;t say anything without a hidden meaning. Add to this the fact that ISIS is patently a creation of the CIA/Mossad/etc.
If the tribalists are behind this, then what can they have planned? i might suggest the engineered collapse of national fiat money systems, to be replaced by a global monetary system BACKED BY GOLD.
Some more pieces of the puzzle. Does ISIS have enough physical gold to actualy mimt coins? My guess is NO. So why are they saying this? Is it homage to Mummar Quaddafi? No. This is a coded message to the players to get out of the gold market.
Here is why I say this. The only way a global money system can be established is if there is a global collapse. "Collapse" is also spelled "deflation". In a sudden deflationary panic, gold is a bad investment. It will plunge from 1160 to 30 overnight. in this scenario, the only buyer will be the government, who will be happy to take your gold off your hands for a premuim over the spot price, lets say ten percent, so you can sell gold to the Fed for 33 or to the coin store for 30. You'll sell your gold for one compelling reason: Hunger.
Will such a deflationary collapse in gold prices fuck with Russia and China? Fuckin' A.
Why have the gold markets been massively inflated? in order to have enough make-believe gold on hand to "back-up" the gold-backed global currency. if you hold gold etfs then you'll get some sort of pennies on the dollar cash buy-out and feel lucky to have it.
Will this really happen? What the fuck do I know? But fake ISIS making pronouncements like this makes me wonder.
"The only way a global money system can be established is if there is a global collapse. "Collapse" is also spelled "deflation". In a sudden deflationary panic, gold is a bad investment. It will plunge from 1160 to 30 overnight. in this scenario, the only buyer will be the government"
So, let me get this straight: My cash will go up in value 37 times overnight, yet come morning the "only gold buyer will be the government"? Are you frucking stooopid? Or are you just stoopid?
My cash will buy me 37 times more gold, but I won't buy any.... cuz mr. gov is the ony buyer.... cuz during deflation, china and russia bad.....
Listen mickey: A system that relies and thrives on inflation, as the only way to keep it afloat, is NOT going to see a massive deflation by the money masters. Won't happen, but your comment..... .... lmao.
Next!
In a deflation, your cash will go up in value 37 times. Correct. You won't want to buy gold in this scenario. You will want to buy food. If there is any.
First by inflation, then by deflation, the bankers control everything and make us paupers in the land of our fathers. You heard it first here, you f-ing stooopid gold-bug. Go ahead, buy moar. We'll see who's right.
Because gold was a bad investment in previuos deflationary times like the first great depression. 20-35$ bad. And, it's bad form to upvote yourself.
Are we talking real cash or digital cash here? also have you heard the term bail in?
Good luck with getting all of your cash! best to diverse, PM's might not exactly be a shit investment in a deflationary scenario.
How long before Apmex starts carrying the "Limited Proof editions"?
the US Mint of course... why else did they have to completely stop production of Silver Eagles?!!?
1. The US Mint, by law, can only produce Silver Eagles from Silver mined in the United States.
2. The few companies in the United States that produce the Silver Blanks that the mint uses, produce as many Silver blanks as they have orders for. The mint does not smelt & produce the blanks.
3. If suddenly the purchase rate of Silver Eagles substantively increases (like it did last month) then it takes the companies that produce the blanks a month or two to increase production.
Those are facts. Not supposition.
Israelis and NWO are behind ISIS. MFW when they issue gold to fight oppressors.
Dont say they didnt warn you.
You are correct, 100 %
You are correct, 100 %
Utter morons
This is just propaganda to be used to demonize gold and silver as currency.
Look! TERRORISTS USE GOLD AND SILVER!
On the other hand, have fun watching your currency be slammed down every morning when the COMEX opens up, lmfao.
https://www.youtube.com/watch?v=DI7pPVJTeSY
This is a Zionist Tribe trick to make ISIS popular with those who hate them, namely us who really know who is behind ISIS, and also often happen to know about the Zionist Banker's FIAT money scam. By having the Zionist PR desk tell their ISIS vermin to advertise this, they hope that those who expose ISIS on a daily basis online and elsewhere will stop doing so, and that will further their goals in Regime Change in Syria, and fostering these Zionist Terror mercenaries.
DOUBLE-DOUBLE-DOUBLE-DOUBLE-CROSS!
Missed one.
This just in- ISIS broke into Fort Knox and the New York Fed last night and left the vaults empty... and hid the gold next to the WMD's... THOSE SNEAKY BASTARDS!!!
Exactly what I was about to say. Just to prove once again who is behind ISIS by the way.
terrorists also use:
-water
-pizza
-beer
-cigarettes
-toilet paper
-TVs
-medicine
everyone is a terrorist
I don't know who is minting it. But I have a pretty good idea where they got their gold.
I'm thinking that they'll need to refine those coin bars if they want to issue .999 . . .
"Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it."
interesting that this this keeps getting misquoted...Greenspan said "...gold is THE premier currency..." not "A premier currency"...the implications of THE as opposed to A has some significance.
http://www.zerohedge.com/news/2014-11-07/greenspans-stunning-admission-g...
It would be hysterical if some Jamal at the top of ISIS ordered a boat load of tungsten knockoffs from China.
Even better:
It would be doubly hysterical if this is a counter-insurgency operation to get their gold and circulate bunk
coins. Think of the mayhem when it was discovered.
Who is the mint? Indeed. Who is the mint.
The mint is the same place who is arranging for their burgeoning air force, and the same mint who is working on weaponized ebola, and the same one doing their military planning which is making them the most dangerous standing army in the galaxy.
i.e. the ministry of bull shit, hose shit, and cow shit. Since ISIS is an avatar of all that is wrong with the world, may as well throw in honest money so people get an even worse taste in their mouths for it.
p.s. as far as I know dinars and dirhams already exist in some measure. http://www.youtube.com/watch?v=zuwt740GkkQ
So good work on toeing the propaganda line, AGAIN, zerohedge.
The USSA mint.
Franklin
I'd say the mulligant mint ( a little joke for stackers in the know). LOL.
Gold and silver to zero
We must crush ISIS economy
On another note this make Russia, China and all the other countries stacking............ISIS supporters
"Golden"? That's not gold, it's golden.
The equivalent to today's golden dollar produced by the mint (actual value around $0.0524).
Anyway, it's a perceived threat to the petrodollar...boots on the ground in 3..2...
Good question.
And how do you implement? Announce to the population that the bank will gladly had over pure gold and silver coin for that mongrel metal in your pocket? Or declare the old currency worthless and wait for the good stuff to integrate by itself?
People in Iraq will gladly embrace this as they have seen their Dinar crash and watch as the USD is looking increasingly unstable. No worries about a gov't or central bank keeping their money "good".
Apparently Photoshop at the moment.
That's a damn good question.
Made in China, not U.S.A.
that would be the US Mint since we founded ISIS
Now the power elite can call gold and silver a terriost money and lump us all into that basket. Forget the fact that everyone should be demanding a return to the gold standard. But then again they are too busy wasting time.
As far as I know, in Islamic states the tradition is to have multiple mints spread throughout the territory. Perhaps more importantly, they would accept bullion from anyone wishing to have coins struck, with no restrictions, and keep only a small portion of the bullion (less than 1%) as a fee. Those would be some element of autonomy for the mints, however, each of them would have to get approval or charter from the Sultan/Khalif, so they weren't proper private enterprises. Sultans/Khalifs did also occasionally change the definition of each denomination, thus seriously messing with innumerable aspects of the economy and society.
The unrestricted minting at a non-ripoff price is important, because it would keep premiums low and would attract large portions of the bullion flowing through the economy to eventually turn into coinage, and there is a network effect causing more and more foreigners to prefer these coins over others too, which itself creates the power and incentive for rulers to screw populations over in various ways, though they didn't resort to that nearly as much as monetary rulers do today.
I might be wrong, though, and it may have been different in different states and times.
Do you think the mint has tungsten as part of its inventory?
Seems like the USD reassurement "in God we trust" does not quite cut it for the islamists........
ISIS and American gold bugs think alike.
they should have a bitcoin logo on them...
Saudis got to get help to the boys in Anbar. food is expensive along the Turkish border, no credit cards accepted. Truckloads out of Riyadh I'd say, carrying smalls with nice are work. Does Hagel have the backbone to put an end to it? We could see these turn up as far west as Italy.
Sucks for Obama that ISIS will control all teh ME oil, and we will be forced back on to the gold standard just heat our homes. I hope Obama didn't really approve the dumping of the rest of the US gold.
The rest of it? The US gold is long gone... Just ask Germany.
I strongly suspect he emptied the vaults completely as the houseboy for the bankers. He doesn't have the experience or wisdom to resist doing that.
So... are they setting exchange rates between the three or will it be up to the market to decide relative value?
There is going to be a denomination on the coins themselves, so the ratio will be fixed. That shall create some arbitrage opportunity, or a coin which is set too high will displace the others from circulation, Gresham´s law always rules.
That will create some periphery market around ISIS region. I guess they will threaten those who engage into the arbitrage.
If they are really smart they will let the Dinar float against the Dirham and Fills and let consumers and Merchants figure out the exchange rates between Dinars, Dihrams and Fills. In that situation the denomination would be attached to one metal only. THere are always denomination, i.e. a scriptural recognition of debt. They could say that in scriptural entries, the reference is always Gold (for larger merchant transactions), that would be typically Gold and then other coins are allowed to float against the gold (those would not be used much for scriptural entries anyway but for small transactions).
If they do that, their monetary system is likely going to be very very flexible indeed. France was on a bi-mettalic system during the XIX century with lots of specie in circulation. The capacity to shift from Silver to Gold made very flexible during crisis because you had two options to increase money supply during credit contraction and debt-deflation. People would melt their Gold jewlery or Silverware to take advantage of cheap securities and cheap prices... This in turn would re-stabilize the prices upwards..
On another note: They are likely to get a very strong welcome from the population. When Napoleon re-established metallic standards after the mandats and assignats, he got initially a huge support from the population for doing that.
It should also bring internal stability and trust within the area, re-establishment of specie standard typically always do that. Supresses inflation theft, and restores trust because you know your denomination is convertible into honest money.
Now you NSA trolls, don´t read that I support ISIS, I support the monetary system, nothing more, nothing less.
If they are really smart...
That's the gamechanger. They're not.
heh the CIA et al. is really stepping up its game against those who are trying to withhold consent from our current régime.
Great...now the cartel can call all of us terrorists by association
Don't you think that we have kind of crossed that bridge a while back?
:)
ZH has probably got it's own analyst following us. Whether in Langely or Tel Aviv idk.
pods
Just one? I thought we deserved more than that!
So do I get my head lopped off before or after ISIS saves me from the banksters?
ISIS wants your head, the banksters already have your ass. but gold is gold
maybe those guys r on to something...
just sayin.
Well I can exchange it instead of having my families heads cut off. So we have that going for us.
Ok guys, you hoarders and I are all terrorists now.
IMO, Just as BITCOIN is the fiat bankers wet-dream, a gold based currency is desired by bankers in a deflationary environment ... or put in the way Carroll Quigley wrote it: In a gold backed currency environment the central bankers want deflation. It allows them to grab hard assets through default... taking actual wealth through no effort of their own.
if a gold backed currency environment was desired by bankers, thats what we would have. trust me. THIS fiat environment is a bankers wet dream, especially central banks. This environment allows them to conjure up limitless fiat currency out of thin air and buy real assets with it.
He is right in that given an existing precious metal-based monetary system statists and control freak type bankers and heads of mints had only the power to artificially reduce the supply of government money (e.g. reduced mintage, monometallism by recognizing only one of the metals as legal tender or by fixing the gold/silver ratio which practically leads to the same thing through Gresham's law), so they exploited that, which additionally gave them the opportunity to push for paper currency when the suffering was felt (as in problem - reaction - solution).
The shorter term gains they had from artificially reduced minting (in addition to what was mentioned as a Carroll Quigley quote) were a higher premium for the coins, thus an opportunity for arbitrage and increased profit margins, etc.
You know how central bankers like to talk about their "tools" (no pun intended) and you also know the saying about the hammer and nails, so when unlimited inflation was not among the tools yet they had to make do with what they had. Or, perhaps they would want to alternate between different kinds of scams in order to maximize gains.
Notsobadwlad is very mistaken on BTC, though. Bitcoins are eventually capped in quantity and the current monetary inflation (rate of increase of the quantity of money) is already lower than that of the central banks and falling. More importantly, it can neither be increased, nor decreased on someone's whim. Cryptocurrencies leave nothing for the central bankers and control freaks of all varieties. On one hand there are no opportunities to force bitcoin's supply lower or higher than what it is designed to be, and on the other, if the market really thought that there is a need for a larger quantity of money, other cryptocurrencies could easily be used alongside bitcoin, perhaps in baskets of cryptocurrencies, but all this would have to happen naturally according to what the market really chooses and not according to what some authority decides, because there are no practical enforcement mechanisms in this sphere. Eventually people are going to have the monetary system(s) that best pleases them and that make the most sense and that rips off nobody. The genie is out of the bottle.
Still I'm buying at 900!
i call bullshit. Can anyone imagine doing business with them? who is minting this? Does anyone honestly think that they will not shoot u in the fucking face or lop your head off if you don't do business... and then take the coins back? also, this is from the Daily Mail...another indicator of BS news. This place gets more retarded with each passing day. downvote away chumps...I should just change my name to Million Dollar Bonus.
Yes, it begs a lot of questions about who they really are and how they are funded. The B/S about them becoming oil pumpers and refiners is an obvious B/S cover story.
Hey, we have a president with no real history and now we also have an army that has no history and is becoming a government.
You can bet the dirty hands of the Gnomes of Zurich (and Tel Aviv) are involved.
meh...you are probably right. the funding is the key...it just comes off as a "demonizing " gold story that goes right to the old subconcious if you know what I mean. "Look dem terrorist...are using gold...must be bad"
Turkey does pretty brisk business with them, what with helping them sell their oil on foreign markets and all.
funny ...i thought ISIS was in the market of blowing up water dams and oil refineries...i can't keep up.
They have been consistently homogenizing & depopulating the region for its new owners since 1991.
whatever...they haven't gotten the numbers of culled they desired obviously. now the chaos? yeah, they got that going.
This is what I would ask about doing business with any government or its cronies. In practice it is often possible to do business safely if you take every precaution (but those precautions are many and it is easy to miss something).
And look at all those people exposing themselves to being ripped off in various ways by governments and their cronies, but I suppose the key lies in the "honestly think" part of your question... So all those huge numbers of people aren't honest and those are people who fool both others and themselves.
They should hire Greenspan as their treasury secty. He's a financial terrorist who apparently loves gold. Perfect candidate for the job.
Dumbest idea going.
The US will mint a shedload of gold plated tungsten copies and start swapping out the real ones for fakes, once 60% of coins in circulation are fakes they can dump another shedful onto the market (but this time not swapping out coins) which will make inflation go through the roof.
Give it a month or two and then open one of the fakes up in a souk one day, watch the chaos as everyone tries to off load their worthless coins.
I was thinking along the same lines. These gold coins could be counterfeited, actually *will* be counterfeited by an adversarial state almost immediately. What good is a gold coin for business transaction if you have to melt every single one of them to ensure the contents?
The coins can be weighed to verify they are authentic and they can't be forged as cheaply as fiat to debase their value. Its a bit premature but its a good idea.
Coin collectors are scrambling for some of these limited edition iCoins.
Gold plating tungsten filled 1 oz coins is waaaaay to expensive and complicated to even be worth the trouble. This is the main reason I stack ounces. Bars become much more pragmatic to fake.
http://www.alibaba.com/showroom/gold-plated-tungsten-coin.html
There was a reason people used to bite coins - a gold coin is soft; a gold-plated tungsten coin would be hard as iron.
Anyway, if ISIS are smart - they're not, especially, but if they were - they'd produce something like the old Hungarian 4 Ducat
http://taxfreegold.co.uk/1915austrian4ducats.php
which is so thin you can easily bend it with your fingers. Couldn't do that with tungsten.
Can't we 3d print these Bitzhez by the dozen??
maybe another round of confiscation will be in order just to make sure PMs don't fall into "the wrong hands"
So i take it there won't be any mail order sales to the USA. for dollars Damn...
this is every CBs nightmare, a third world country with large gold reserves relative to the amount of currency outstanding, backs their currency with gold. now the fiat losers from all over the world want to trade into it, talk about hot money flows! in a few decades the financial centers shift to places like South Africa, (they have the gold in reserve, which is like having oil in reserve, you don't have to mine it right now to claim it as a reserve) and the transition is a page right out of the CBs book, because the currency cannot actually contain the gold, or the guarantee doesnt work (the US mints gold coins so what?) bottom line if you take all the US gold in reserve, a lot, and you back every dollar in circulation (a really lot) you can only come up with some part of microgram per dollar, but in places where there are fewer dollars in circulation, and more gold, well now you see there will be a gold standard one or the other (unless of course the CBs rig the FX markets)
"Gold backed"? Who's willing to take bets on when they will go off their gold standard and do their own QE? lol
US Mint is supposed to resume allocated shipments of Silver Eagles on Monday the 17th. Premiums went up once they annunced they were sold out, but one of two things will happen on Monday --
1. We may see premiums lowered and silver will be a great buy with spot still in the $15's
or
2. Because the US Mint will have to sell silver in the 15's (plus their cut), the cartel (which may include the US Mint) will jack up silver prices on or before the 17th.
Is there a the translation of the document someplace? Why is it not posted as part of the article?
How many copper coins does it take to buy a silver one of the same weight?
How many silver coins does it take to buy a gold one of the same weight?
It's about time SOMEBODY injected a bit of HONESTY into the monetary systems, but its sad that it's these murdering assholes doing it.
IMO, the financial criminals are the counterfeiting pros at the central banks pawning off paper and digital paper and digital metals as though they have value.
So will they demand gold for oil?
YOU BETCHA! Though they might accept silver too.
Unlikely that they will trade that in Silver, it is too bulky. Silver is for you groceries and daily expenses, and Copper for the change on your Silver payment. Gold is for merchant transactions and scriptural entries reference (trade of goods and services between merchants).
Watch out ISIS - It's one thing to defy the US Government, but if you start messing with global big banks you had better watch out for tall buildings and nail guns -- in addition to drones!
Does ISIS know that even whispering about this , can get you killed.
/S.
Good call!
Goldbugs == terrorists
The CIA is going toe-to-toe with the banksters? Getting crazy out there.
I'd put my money on the banksters (seeing as how they already have it)
aren't going toe-to-toe.
CIA is encouraging the mass-perception that holding gold = terrorism.
Your average person isn't too bright. They'll eat it up.
A Voice of America propagandist releases this? Anyone else smell something rotten?
Yes Mr. IsIs. Give my 100 Palm trees. 50 mosque. And 20 wheat or are they cattails ??? You have a nice day too.
Whats the markup above spot on these?
Collectibles that will be worth millions.
Millions of what?
That I don't know.
Just when we thought /portrayed ISIS as the most evil/violent/merciless inhumane organization on the earth, they masterfully exploit the western world's more insidious form of inhumanity:our fiat currency system which, if you "follow the money", allows the industrial -military- banking elites to ravage the world, albeit it in a more insidious way.
Kind of like the quick strike Ebola vs the insidious sickness of HIV.
election mid terms are over...nobody is talking about Ebola now. ;)
Lull before the storm.
They will be talking about Ebola. When it appears in China and India, magically, with no apparent carrier.
Where can I order some?!?!
THE COLLECTOR VALUE WILL BE HUGHE!!!
I REALLY REALLY WANT SOME!!!
Anybody got a link to order?
Of course, possessing one of these will make you a terrorist - so just tell your local FBI that you want to buy some, and they will handle the rest.... of your life....
The oligarchs will get their hands on that and walk free.
you already are a terrorist - you don't need to buy one
and if you buy them you will be regarded as sponsoring terrorism.
And now the Fed can say, "See? See? Bad guys are backed by Gold. Good guys are backed by God."
What's new... I'm from Belgium, we're supposed to be the bad guys
how much god do I need to give you to get some food?
Will you pay me in god?/
What are you willing to pay infidel?
Will they have the P, D or S mint marks?
LOL. That'll be the dead give-away, won't it?
CC
Banksters will order them crushed now for sure.
Goodness me, those Langley goons make it so obvious.
This is too stupid for words, but the suckers will believe it.
Great, now silver and gold can go lower. Synthetic short to .50 price target.
In addition to the arms, the oil they are taking over in parts of Iraq and Syria...
Does this mean they will be hijacking Bitcoin servers as well as gold and silver mines moving forward?!!!
With a little help from their friends!!!
But I have 'Murican gold and silver. It has an Eagle and God all over it. Mine is better than theirs. Because, you know, its Murican.
Did anyone see the photo, I think it was originally up on 4Chan, you an probably google image search it - that purports to be an ISIS fighter, but zoomed in to a star of david around the guy's neck?
I am not entirely convinced it is in fact a Star of David, I don't have the ability to clean up and zoom in on the pic I'm talking about enough - it might not be, and someone leapt to that conclusion. And hey, I'm all in favor of blaming USrael - I just only want to do it on good evidence.
Anyone see that pic/know what I'm talking about?
edit:
https://www.youtube.com/watch?v=4qqHHq4RiN4
I wouldnt rush to assume it was Israel, or Israel alone, fostering ISIS when it looks obviously like the Saudis and Turks have had a vested interest. CIA would as well. They could all be working together to destroy Syria and prevent the Iran-Iraq-Syria pipeline...
I don't think you'll see a pipeline from Qatar. Tough to lay pipe in an active war zone.
A nat gas pipeline from Israel's Leviathan gas field to Turkey and on to Europe on the other hand....
I wonder if they have studied the history of bimetallic monetary systems. If you establish a currency based on a fixed ratio of gold / silver / copper, then when market forces change you get drained of one or the other. For a small state that will be a particular problem. You would think they would know this and only have a single backing, but what do you expect from a bunch of backwards camel-jockeys.
Its not going to affect world wide demand. If these are real - unlikely - there aren't going to be enough made to make a difference.
Its not going to affect world wide demand. If these are real - unlikely - there aren't going to be enough made to make a difference.
You're right of course OZ
It really only took Paul Krugman once to utter the idea of a "$1 trillion dollar" precious metal coin and Zerohedge to provide the fabulous pictures of him in a 70's leisure suit holding it up with an idiotic smile on his face to tear that idea to shreds!...
Great joke goes with that...
Question: What do Paul Krugman and ISIS/ISIL have in common?... Answer: They both work for the Federal Reserve Bank!
I just hope ISIS buys all its gold from COMEX and asks for delivery...and if COMEX fails to deliver.....HEADS will ROLL.....pun intended
Ridiculous fluff piece, strewn by TPTB to discredit gold.
I'd thought ZH knew better than distributing such hearsay BS.
Using gold as a medium of exchange will bring ISIS down in ways the US military never could.
So it's the alphabet cannibals who have possession of Germany's gold.
All physical possession of gold and silver will now be made unlawful. You know, to keep you "safe" from "terrorists"...
Truth
And the saddest/scariest part is that they will put a spin on it that the american people will fall for hook, line, and sinker.
We (americans) are officially the dumbest, blindest fucks on the planet.
Move on. There's nothing here. These are not the droids you are looking for.
It's official, if you advocated a precious metals-backed monetary system, YOU ARE A TERRORIST!
Cool coins. Are they available on APMEX yet?
It's official, if you are an advocate of a precious metals-backed monetary system, YOU ARE A TERRORIST!
The logical response to this is eliminating 'currency' for all.
Government can offer the solution, you are either in this system or you are not recognized.
The message is clear: Only terrorists think gold and silver are money.
Welcome the world's new reserve currency
Listen.
"Degrade and disable ISIL forces". Job well done 'merica. Seems to me you still can't fight your way out of a "WET" paperbag.
'mercia don't give a shit to fight its way out of wet paper bags. 'merica wants more wet paper bags to fight into. Can't keep a trillion dollar armed forces without many wet paper bags..
The coins were called 'Krugerrands' last time.
You are absolutely correct.
Although you were a RAY CYST if you bought one of those back in the Seventies.
How dare you support apartheid and repress those South African Miners??? RAY-CYST.
RAY-CYST-ISM is not thought of as evil enough of a label as it did not dissuade Americans the last time the Dollar almost swept itself into the dustbin of HISS STORY
So now you are a TERRRRRIST.
Krugs are low premium, good for "swing" trading with 90% silver. Maybe a 3yr time frame, YMMV.
"... even if it's true what the terrorists want to show, that they build an anti-Western cultural front based on religious fundamentalism, they depend on Capitalist processes to survive and operate. They need money, they buy guns, someone is funding them, they sell oil."
http://failedevolution.blogspot.gr/2014/11/revolution-evolution-or-revol...
Untill 1968 all Arab curriencies were backed by Gold, The coins themselves either gold or silver. Nothing new there
at the end of the day, people are tired of the usa. they are sick of dancing to the music of the rich. soon, the patriots will turn on the rich. i hope im alive long enough to see it.
Me too.
So how valuable will the coins of any country be if they are a big net exporter (oil and gas) giving them a great net cash flow, are getting billions in aid from certain Arab countires, are getting 'free' high-tech military equipment (supplied by the CIA), and have an all volunteer army?
How about a coin design celebrating beheadings?
ISIS will be lucky to be around long after the Kurds show they are just another bunch of bandidos with a black flag.
That will make the coins worth even more.