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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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"Yarrr, Pirates we are, with a chest full o' gold!"
I am gold backed with ISIS?
Halleluyah! - Praise de Lord! (will that do? - I don't want to offend anyone).
In mighty Britain we have ISAs, this is an upgrade I think?
I definitely want one of those coins.
Me too.
I want the proof set, one of each.
Chinese will be counterfeiting these soon. Careful out there on eBay.
Anyone hear a follow up on whether or not the Raghead leader of ISIS was killed by that drone attack last week?
Odd how there was hardly any coverage on that or follow up.
apparently he just released a tape.
a mix tape, I presume.
There's probably a lot of Lorde and that kind of shit.
i hear he moonlights as DJ Intifada.
Well well well. Looks like associating PMs with the ooga booga terrorists is the name of the game here.
Everyone knows that pallates of C-Notes and bales of dope is the real terrorist currency.
Keep stacking, fellas. Keep stacking.
What's the GSR of those coins?
> 100:1, anything over 83.86 would lead me to go (at least almost) all in on Ag.
somebody teach these guys about bad money chasing out good money. Unless these are plated they will never circulate. only be hoarded this only works when everybody is using Pms. the face value will have to be 100 times higher or the coins will have to be tiny.
You'd take Syrian fiat over gold or silver, eh?
You must know something I don't.
Greshams law applies when governments fix the price of gold coin to fiat. As long as there is a free market exchange between the two and merchants aren't force to take fiat, the fiat will hyperinflate and be used as fuel or to fill cracks in walls or something. I'm not able to determine if that is the case here, but this should be fun regardless. It's been a long time since the general populous has learned these lessons.
The following seems to imply these coins will NOT be denominated in fiat:
http://www.newsweek.com/isis-islamic-state-iraq-syria-oil-jihad-terroris...
So these guys seem to know what they're doing and now I'm definitely going to be keeping an eye on this.
Then I guess ISIS isn't backed by CIA and Mossad?
no, just the NWO banks
Hahahahaha, these guys are REALLY gonna piss somebody off now.
Yeah, it is all fun and games until "money" shows up! JP Morgan army is going after them...
didn't Saddam and Moamar go the gold route too?
I wouldn't be surprised if all those Swiss gold folks suddenly died too
When is ISIS gunna do a sharia-compliant Bitcoin equivalent?
What perfect timing! Watch for Swiss propaganda to use this as an argument against the gold referendum.
For some reason , I think it will be funny as hell when these start showing up on ebay.
We cannot let a coin gap develop with ISIS so the US will be issuing gold Obama coins in the 100, 1000, and 10000 Obamabuck denominations immediately, portraits of Barack, Michelle, and Valerie on the front, chickens come home to roost, celery, and a Maasi Zebu cow on the reverse.
The Obama coin will be five millimeters in diameter, the Michelle 1.6 centimeters, and the Valerie 5.1 centimeters.
They will also be made in silver, copper, and chocolate.
Order your proof sets now and we will throw in an uncirculated Clinton three dollar bill.
+1 - If only for the Strangelove reference
Yup still no attacks on Israel. Not even any fake, staged events? (I'm thinking Boston bombing, only Gene Rosen gets more lines.)
Anyways everyone knows Al-Qaeda = ISIS = CIA = Mossad. So there's that.
US=UK=Israel=UK=US.
So... by today's prices:
1 Gold Islamic Dinar 4.25 g of gold = $ 160.00
1 Silver Islamic Dirham 3 g of silver = $ 1.50
Seems silver is way undervalued, no?
today's prices are just smoke and mirrors
once J6P start's getting it, there will be no set prices
And how soon will it be 4.24 of gold? Just asking . . . .
If Pentagon and Vichy DC were serious about ISIS they would start buying up all the gold NOW.
Don't like the beheadings and the baclava bullshit but they seem to know something about money. First they set themselves up with oil trade and now the back their money with gold. What's next? iSIS phones?
Maybe they will form their own "republic" and enslave thier citizens just like we are!!!! lol It's suck a joke that I cant believe the american public falls for this bullsh#t!!!!!
Maybe they will form their own "republic" and enslave thier citizens just like we are!!!! lol It's suck a joke that I cant believe the american public falls for this bullsh#t!!!!!
Forensics has already identified that the beheadings are being performed on people who have already died. Also, this might be more CIA activity. In many of the videos, it appears that those in the pictures have white hands. Also, they are more beefy than the run-of-the-mill jihadist.
fresh from the NWO MINT !!
Im not going to lie, im actually impressed yet sickened by the fact that these nutjobs know more about real money than most people in the worst.
Suggestion: now that Alan Greenspan has endorsed precious metals as a premier currency (take that Buffett) I think they should at least have the courtesy to stamp his picture on the back of the 20 dinar gold coin.
But, where’s the mint?
Someplace where there are stocks of physical gold, silver, and copper, and a need for oil.
That kind of narrows it down.
Yea, and if we ever get to see the details of those oil for precious metal transactions, then we’ll know what physical gold and silver is really worth on the margin.
........every cloud has a silver lining.....
Who will debase this money first? JP Morgan, of course. They will issue debased copies...
Great, now they have another reason to hold PMs down.
Sounds to me we are getting conditioned for when the day come for the U.S. gov to back its new currency with gold like it should be.
Hand over your terrorist metals slave. I believe more and more this al cia da is an state department operation. They have their money from the central bank in Mosul which was flown in with military transport and their weapons from McCain and additional weapons droppings by mistake. Now this. Next it will be bitcoin.
Where can I buy ISIS gold coin?
It'll cost you an arm and a leg.............. And a head.
You do not mean my arm my leg an my head. But anyones - or do you ?
Being "backed" by gold isn't the same thing as being made of gold. Just try redeeming it for gold! This is just another fiat currency.
so all gold or nothing - can't win.
ISIS is the CIA so this is not happening without CIA approval. Also, not completely clear that these are actual gold and silver coins or a sham "backed by gold and silver"
Where is the mint?
ok, so we all know that CIA original formed or facilitated (same thing all things considered) al qaida, the network, back in the late 70's/80s.
since then though, i confess, i don't have knowledge of too many direct connections between cia and al qaida. what direct evidence do we have of them working together since the aftermath of the soviet-afgan conflict?
serious question. just seeing what is documentable and out there. thanks.
Well, look who's coming to dinar.
duplicate.
This is yet another Nail in the Coffin for the Petrodollar.
With the PM Dinars (RIP, Col Quaddafi), ISIL will obviously sell Oil for Au an Ag. When other OilProducers follow suit (going along with or without ISIL), will this be another Dedollarization maneuver?
It'll be funny if they'd set up a Bourse over the Cloud.
See what happened numerous times before .
https://www.academia.edu/9289413/Relative_advantage_leads_to_war_
Bunch of goat herders smarter than the USA. Learn and produce real gold silver and copper currency for ourselves - only way to stop the bankers from stealing our future.
Multi-PM currencies don't usually work unless supply is controlled. Othrwise, one metal is arbitraged against the other as prices fluctuate.
Better to have more than just gold which as shown can and will be manipulated. Of course the supply will be limited by the value of materials available, not by some arbitrary evaluation determined by some dictator or plunge protection team.
Make your own Arabian coins and feed the demand.
Gold Plated Blanks and gold coin stamping machines are available…
Alibaba has everything -
Hope Apmex starts selling those soon.
What a surprise. No heads.
I could actually support these turds if they stopped whacking heads off, raping wimmenz and shooting hundreds of people in the back of the head. As of now though, they're still CIA, Turkey / MOSSAD trained assholes.
If they gave up the head-chopping and just sold gold and silver coins, they would make a Killing!
let me guess, everyone here applauds ISIS on new currency.
Ask yourself. Why do they do it and why don't the so called civilized states.
Small hint. One can assume that they know the difference between money and lawfull money. And ask yourself also why Nazigermany made holding gold in private illegal and confiscated everything and even have torn out the gold from the teeth of the killed jews and other "shameful" live.
You can just acknowledge that they did the right move and that neither of the "civilized" countries has done it. That's the sad but true fact. The IS may be about direct suppression but is it really worse than the slavery brought to us by credit payment notes. Are we not all slaves of our governments - in the end?
earlier this week I shared this....prescient.....huh
Sun, 11/09/2014 - 11:51 | 5429550 bitterwolfVote up!
3Vote down!
-5at some point gold will have to be discredited as a storehouse of value in order for the global elites dream of a one world currency/bank to take its place as universally accepted/trusted medium of exchange... and they will succeed...just a matter of certain events transpiring..........because we do not live in the 19th century anymore....it is all about efficiency..that is the root of Capitalism
They should issue a commemorative with Obama stamped on it.
Yes, it's a sad day when the centuries-backward, barbarian slimes have the only prescient idea on the planet, sound currency via the gold standard: http://www.gramsgold.com/news/only-psycopaths-understand-true-money-isis...
I agree, it's only a matter of time that anyone who believes in gold and not paper money will be labeled a terrorist.
Grams .... do you see the relationship between the USD and gold-as-currency to be polarized ?
They need not be. We are slowly being brought to an integration of a debt-asset yin-yang that is symbiotic in nature.
The first thing I thought when I saw the coins was, "cool. i want a set of these!".
bet these suckers will make a killing in an auction 50 years from now...
on the other hand, how on earth can they mint in bulk? this whole bombing people back to the stone-age thing seems increasingly ineffective- ISIS is dealing both gold AND black gold. it boggles the mind...
Ha ha, good one! You said, "Make a killing at an auction..." Probably right, so I think I'd phone my bid in for that one. Coins do look cool though and shows that ISIS is smart.
How do they make them in bulk?
They just call the Franklin Mint.
lol Tyler and ZH pumping economic policies of the brightest mind of the 12th century...keep it up
lol Tyler and ZH pumping economic policies of the brightest mind of the 12th century...keep it up
I knew this was coming!
They are going to use their propaganda machine to convince people gold/silver is terrorist money.
Yeah, they tried to do that with Bitcoin too. How's that workin' out for ya'll?
At least they shut down bit torrent right? Hahahahaha
The Bitcoin Channel
Gold being so pure and untarnishable, must be disgusted inside those vile head chopping slaver's pockets. I hope they all get what they deserve.
How do I buy some? Brilliant!
Wow I am almost tempted to join ISIS. At least they pay real money. I wonder why they don't like the joo bucks...
because , bigrooster, in spite of the fact that they are now enjoying real-time valuations on gold (floating), they haven't fully realized (or acknowledged) that
it's the real-time floating value of gold that was made possible by the free floating USD development in 1971. They will eventually. Things will integrate in the developing hybrid of yin-yang where the
measure and the weight do a new dance that combines the store properties of a debt-free assets (bullion) with the scalable demand driven liquidity of any currency in history, including the cybers.
See, not accepting the Rothchild's money that doesn't exist, your a Terrorist
Not bowing down to the Rothchild's, your a Terrorist.
Not accepting the Rothchilds as a Global Power, your a Terrorist.
"Adolf, you must discredit the Tribe."
"Nein, Hess! I will exterminate them!"
"But that is what their leaders want. International sympathy. They will have a Free Pass for 100 years! It will take longer, but they must be exposed and shunned. Most of these tribal members are not In on The Plan."
"My dear Rudolph, I have made up my mind."
Soon, Hess would fly to England to try and have the Fuhrer persuaded by Brits 'in the know.'
But he was intercepted and jailed.
True Unknown Tales of WW2.
What do Ebola, ISIS, the Ukraine, destabilization of the USD and the new Cold War have in common?
They are crisises that have all sprung up nearly simultaneously and all seem on the surface to be dire. Which is how they are meant to be perceived. The other thing that they have in common is the people that have brought them to you.
10000 crazies in the desert suddenly are taking over entire cities of a couple hundred thousand to a million or more people? Come on.
There is a deadly disease 70-90 % mortality and the borders are open? I call Bullshit.
The Ukraine were supporting neo-nazis and saying elections with 80-90 % turn out are illegitimate? When we have election turn outs in some cities here in the US (Chicago, west palm, Philadelphia) of greater than 100%
That's legitimate ? Again Bull shit
This is nothing more than cover for the US' loss of reserve currency status an it's empirical hegemony.
Laughable if it weren't so tragic.
"What do Ebola, ISIS, the Ukraine, destabilization of the USD and the new Cold War have in common?"
They are the machinations of a certain Tribe....
.
agreed .... but we're moving toward a balanced yin-yang of circulating debts and assets, so the preservation of the Yin (dark side) is imperative.
It's light that comes out of darkness . Darkness is the forerunner .... always. It is the creative way.
agreed .... but we're moving toward a balanced yin-yang of circulating debts and assets, so the preservation of the Yin (dark side) is imperative.
It's light that comes out of darkness . Darkness is the forerunner .... always. It is the creative way.
Fuck it, I want some ! How long before some of these show up on Ebay, either real or fake?
I give it a week, tops.
It's terrorist physical, bitchez ! Get some !
Kinda like our coins, only one side will have a rolling head........maybe even of OUR presidents. I hear boots on the ground now.
"Sol, the IS guys have betrayed us."
"Calm down, Abe. What do you mean?"
"The IS guys are going to gold and silver. Look at this intel report."
"Shazam!"
"No, IS."
"This means War. Have the embassy in DC order our flunky to invade. A real invasion this time. Find out who we have on the bench to replace IS."
Barbarians with their "barbarous relics".
For a bunch of Barbarians, they have learned from the West. They have a plan and articulated it well. They use social media effectively. They planned a currency system. It is not looking bad compared to many currencies.
I think many may underestimate this group. There is some intelligence backing it up.
"There is some intelligence backing it up."
There is some intelligence agency backing it up.
There, fixed it for ya.
So, they are using those airdropped pallets of benniebux to turn around and buy actual Gold?
Ingrates.
Wait until their Cookie International Agency handlers arrive.
Buy gold, Zerohedgies! The clever people of ISIS know that the Yellen-Obama axis is conspiring to debase the dollar and establish a socialist-islamic caliphate in America! The inevitable dollar collapse is coming! Gold will go to $10,000! I know because Peter Schiff told me so! The Islamic butchers, Putin and the poor people of India and China are going to make us all rich!
True or not, if they allow buyers from around the world, their gold will be gone very soon.
Get to digging, Habib. We're printing up more cash, move your ass.
Nixon had to put a stop to it here. A real gold standard can't work unless it is universal.
Well guess what.
Fiat has been universal and it ain't working too well either.
For a gold standard you only need two willing parties to a transaction to make it work.
Those using fiat can just buy the gold out from under any gold backed currency.
Why do you think Nixon closed the gold window?
They were inflating the dollar without letting the gold price rise to reflect it. Our gold was on sale, just like today.
I would like to see universal hard money, too.
We have it right now, Conax. It's just a slight shift that people have yet to come to terms with. The unit of account in the very present real-time gold-as-currency paradigm is weight, not dollars. This makes gold debt-free while also lending complete market driven scalability on the issue of liquidity , based on the USD price. Gold's liquidity as a currency is the product of (weight x trade value/unitweight) --> (weight x USD/oz).
Is it possible that you may now see the "necessary evil" in Bretton Woods .... as a process toward bullion's real-time monetization ?
We have it right now, Conax. It's just a slight shift that people have yet to come to terms with. The unit of account in the very present real-time gold-as-currency paradigm is weight, not dollars. This makes gold debt-free while also lending complete market driven scalability on the issue of liquidity , based on the USD price. Gold's liquidity as a currency is the product of (weight x trade value/unitweight) --> (weight x USD/oz).
Is it possible that you may now see the "necessary evil" in Bretton Woods .... as a process toward bullion's real-time monetization ?
.... and .... you need real-time floating valuations for the limited amount of gold bullion for the sake of liquidity (economic reach)
Now you may see why the floating dollar had to be unpegged and created for the sake of measuring gold. It was about gold (as currency) all along.
My proposal would be for the IS to start printing USD Notes. Well you can see the FED does it and have printed massive amounts of money, so a few billions extra printed by IS won't really matter. They should keep the gold coins between themselves and give the self printed dollars to our clever central banks. Because ours do not see the virtues of a gold backed currency. Indeed they fight against raising prices of PM. So the IS should take that burden from them and change self printed USD against this worthless pieces of metal. That would be a really clever move.
And they could suceed with it.. They can't count on anything but the stupidness of western politicians, bureaucrats and central bankers. We have proved our stupidity about that for a hundred years....
I believe that the North Koreans are already printing US dollars.
An Australian friend told me that some years ago, a hotel employee went to cash in about $2000 US of accumulated tips and they found that about 70% were counterfeit.
Apparently, the US consulate intervened, took the counterfeit money and reimbursed the hotel employee in "real" fiat so as not to have the matter become public.
"Keep these real safe, put them in a heavy envelope," said the _______ to me when I was leaving __________ in Central Asia.
"Why?" I asked.
"You'll see."
Man, I got to the airport and paid the expeditor and the customs guys etc. One US bill the expediter rejected. It had a small I mean small tear on the bottom att the crease ( yes, I folded them).
These goomers had magnifiers, held them to the light, even had some kind of device behind a counter I could not see.
Something is up, I thought.
The FED & CB's of the west see the benefit and significance of a gold backed currency.
We operate in real-time now, however, so any introduction of gold as a real-time-currency has to be market driven , bottom-up.
It cannot be a top-down introduction into circulation or the legacy system would risk failure. What we end up with is a symbiotic yin-yang of circulating debts and assets.
Think of real-time gold-as-currency as an "add-on" to the existing debt based legacy system and know that it is light that comes out of darkness in the process of creation .... not the other way around.
Destroy nothing.
Mark my words, Bernard von Nothaus is behind this new currency.
Now he is in real trouble.
He will be labelled a terrorist for the second time.
Go Bernard !!
I can almost guarantee that most of the gold coins will be circulating in half pieces because the receivers will want to know that they have been given the real thing and not some tungsten.
I hope these will not be goldplated tungsten coins.
The Fed's way of making people shy of gold.
I want some !
Seriously people,
Could these western banksters and their spy agencies be more obvious? False flags, hoaxes, and fake terrorists. This is like a bad TV show. Give it a rest.
Silver For The People
P.S. This Fulford lunatic is starting to look saner by the day.......
https://www.youtube.com/watch?v=7sqqVMPqzZ4
P.P.S Face it guys, someone's gonna hafta take the fall. Here, let me help with a suggestion: All market manipulation stops, and Dimon, Blankfein, Paulson and Geithner spend the rest of their lives in prison. There, now that wasn't that hard was it? A lot easier than blowing up the whole world eh?
So now isis has a mint, yeah right................ What was it Joseph Goebbels said,
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
So whats the lie? That ISIS has a mint along with an airforce and other sophisticated resources?
Or is it that ISIS itself is a ficiton fostered by one or more states??
I should hope that there are at least 1 or 2 dear souls in here that can see that gold and fiat currency (USD legacy system) are currently in a unbalanced relationship that will dance itself toward market symmetry in the form of a monetary yin-yang of debts and assets that , rather than being polarized, would work its way toward a symbiotic relationship of assets and debts that circulate in order to provide economic liquidity for all. Free-floating debt based fiat currency had to be the forrunner before the emergence and addition of free floating real-time gold-as-currency. We should appreciate a little yang with our yin ... yes ....... after all, is it not light that comes out of darkness in the process or creation ?
So, since these people have very little other than oil, does that mean that when we sell them food and water that we'll receive gold in exchange?
that's the hope .... a debt free gold widget for a debt-free black widget
that's the hope .... a debt free gold widget for a debt-free black widget
Just wait until the criminal hordes of ISIS, after they slaughter some more children and behead some more journalists, start demanding gold for their oil. They won't spend the gold, they'll demand it for oil. It will take about 10 minutes for the US, the EU, NATO to launch Gulf War III.
Holee sheeit, gloves are gonna come off now. Moderate terrorists definitely do not challenge the bankers with gold-backed currencies.
The ONLY acronym you need to keep in the back of your mind on ANY stance such as this is..............
C.I.A.