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Title: Email address ISIS Unveils Its New Gold-Backed Currency To Remove Itself From "The Oppressors' Money System"
Source: Lew Rockwell
URL Source: http://www.lewrockwell.com/2014/11/ ... o-discredit-the-gold-standard/
Published: Nov 14, 2014
Author: Tyler Durden
Post Date: 2014-11-14 06:56:52 by noone222
Keywords: None
Views: 163
Comments: 9

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

It seems Alan Greenspan may have been on to something after all…

“Rememberwhat we’re looking at. Gold is a currency. It is still, by allevidence, 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.

Reprinted with permission from ZeroHedge.com. (1 image)

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Begin Trace Mode for Comment # 4.

#4. To: All (#0)

The day the global monetary system allows this attempt by ISIS to impliment it's own currency is the day pigs will fly.

Jethro Tull  posted on  2014-11-15   9:25:16 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 4.

#5. To: Jethro Tull, noone222, Lod, all (#4)

The day the global monetary system allows this attempt by ISIS ......

With ISIS ( or is it ISIL? ) being a controlled agent provocateur of our zionist occupied monetary system, this latest propaganda blurb appears designed to link gold and silver coinage with the advocacy of terrorism.

Very sly. Bernays would be proud.

Buzzard  posted on  2014-11-15 10:45:26 ET  Reply   Untrace   Trace   Private Reply  


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