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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: 173
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. 
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#1. To: All (#0)
Paper / Digital fiat is the oppressor.
"I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break in pieces.". Étienne de La Boétie
Fiat is OK until interest is charged, then it's insanely deadly to a country.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. EDIT: No State shall pass any Law impairing the Obligation of Contracts is in my opinion the clause that allows unwitting dupes to sign up for acceptance and participation in an alternate socialist jurisdiction free of constitutional restraints on government in lieu of benefits and entitlements. The founders made it clear that gold and silver coin were to be the exclusive method of payment for debt and no other Thing. [Of course this is only relevant to Constitutional money and the fiat/credit system could (and actually does) operate in a completely separate (commercial) jurisdiction. The line between these two jurisdictions has been blurred to such an extent that the Constitutional side is nearly invisible. [My point is that the people should not be forced, coerced, or FRAUDED into the commercial system. Two divisions are necessary for personal liberty to co-exist with commerce, one for routine private daily activities and one for commercial entities and transactions.] Today our society mistakenly and unwittingly, for the most part, considers every aspect of life to be an act conducted in commerce. I wouldn't pretend to be as aware of the systemic problems that develop around the use of fiat as the founders but looking at the current world wide economic difficulties the founders look like geniuses. Consider the 2008 economic catastrophe that made millions homeless after causing massive unemployment. "Derivatives" (what I'd call fiat gambling using taxpayers as co-makers) were sold (in the trillions) as investments that were known to be toxic. The repercussions have yet to be fully manifested. The Stock Markets are being manipulated through the use of algorithms to such an extent that the true value of any company or commodity is irrelevant because huge hedge funds and others make trades up or down at the speed of light and are able to establish prices through manipulation. (Is it possible in the end for real people to survive in a virtual reality without losing their minds or souls ?) The amount of regulation necessary to reign in the greed and manipulation would have to be massive and would definitely reduce the liberties expected under the Constitution, which has been usurped for all practical purposes by the Uniform Commercial Code. Gold and Silver Coin could also be manipulated by those with power and wealth. That being said, the limited amounts of readily available metals would by definition limit the ability to wield infinite power militarily and otherwise. I don't have all of the answers that's certain. But, there has to be a better way that's workable. "I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break in pieces.". Étienne de La Boétie
The day the global monetary system allows this attempt by ISIS to impliment it's own currency is the day pigs will fly.
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. yep! To question is to value the ideal of truth more highly than the loyalties to nation, religion, race, or ideology.
I can see that ! "I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break in pieces.". Étienne de La Boétie
Me too with a yes.
We're all terriers now, and have been for quite some time.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
#2. To: noone222 (#1)
#3. To: Lod (#2)
(Edited)
Fiat is OK until interest is charged, then it's insanely deadly to a country.
#4. To: All (#0)
#5. To: Jethro Tull, noone222, Lod, all (#4)
The day the global monetary system allows this attempt by ISIS ......
#6. To: Buzzard (#5)
this latest propaganda blurb appears designed to link gold and silver coinage with the advocacy of terrorism
#7. To: Buzzard (#5)
this latest propaganda blurb appears designed to link gold and silver coinage with the advocacy of terrorism.
#8. To: Buzzard (#5)
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.
#9. To: Jethro Tull, PM bugs, 4 (#8)
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