Posted on 07/06/2016 5:12:05 PM PDT by Fali_G
ISIS is now issuing its own currency referred to as the Golden Dinar, with engravings bearing the words Islamic State.
The coins, currently being released in limited quantity, are to primarily be used by traders in the oil industry in areas under Islamic State control, according to reports on jihadi online forums.
Activists in Deir ez-Zor, Syria reported oil traders have been ordered to use the new Dinar when purchasing from ISIS-held oil fields.
Reports from the Iraqi city of Mosul have indicated the Golden Dinar is being introduced to the currency market as part of a serious attempt to replace the dollar, London-based Arabic daily Al-Quds Al-Arabi said.
In an online forum post seen and translated by The Foreign Desk, a German jihadi boasted that even as the U.S. and her allies continue to hound the Islamic State, the group has shown resiliency, rolling out the new currency in past days.
The jihadi posts what he says are 1,2, and 5 Golden Dinars and hopes this currency will bring about the collapse of the U.S. dollar and the demise of the U.S.
(Excerpt) Read more at foreigndesknews.com ...
It won’t - but one day in the not-too-distant future the Golden Yuan will.
put some tracers in them and you have bombing targets.
put some tracers in them and you have bombing targets.
I think we now know what happened to Quaddafi’s gold, thanks to Hillary
Yet another Parallel to real life.
Legion Coin based in Gold and Silver
N.C.R. Dollars, were based in Gold, (Until The Brotherhood destroyed the Gold Reserves) Now they are based in Water.
because we are psychologically duped.That paper is not worth spit.
Gold standard is the only hope for our country. It takes the government right out of our lives.
Minted in turkey no doubt
Gee ever wonder what happened to qadaffi’s gold ?
Warren Buffett, one of the world's richest investors, says the total amount of gold in the world - the gold above ground, that is - could fit into a cube with sides of just 20m (67ft)... A figure that is widely used by investors comes from Thomson Reuters GFMS, which produces an annual gold survey. Their latest figure for all the gold in the world is 171,300 tonnes - which is almost exactly the same as the amount in our super-villain's imaginary cube... about 20.7m (68ft) on each side. Or to put it another way, it would reach to 9.8m above ground level if exactly covering Wimbledon Centre Court. But not everyone agrees with the GFMS figures. Estimates range from 155,244 tonnes, marginally less than the GFMS figure, to about 16 times that amount - 2.5 million tonnes. That bigger figure would make a cube of sides 50m (166ft) long, or a column of gold towering 143m above Wimbledon centre court... one investor who looked at the research done in this area, James Turk, the founder of Gold Money, discovered what he regarded as a series of over-estimates. He believes that the primitive mining techniques used up to the Middle Ages mean that this figure is much too high, and that a more realistic total is just 297 tonnes. His figure for the overall amount of gold in the world is 155,244 tonnes - 16,056 tonnes, or 10% less, than the assessment by Thompson Reuters GFMS. [How much gold is there in the world? - BBC News]
Amount: 1 cubic foot (cu ft - ft3) of gold volume
Equals: 1,203.74 pounds (lb) in gold mass
Islam means Theft.
Islamic currency is therefore trash.
By definition, Islam cannot compete and always degenerates into a hell hole.
Good...bomb their mint.
I’m hoarding bottle caps instead.
You can spend it as long as there is a sucker who believes it can be eaten or burnt.
Since most Israelis have amalgam or acrylic fillings, where is ISIS hoping to get their gold from?
Make them out of tungsten, electroplate a thin coating of gold. That’s how a lot of fake gold bars are made.
I’ll use a Golden Dinar before I carry a $20 with aunt Jemima on it.
Gimme 4 fives or 2 tens, no Tubmans in MY wallet.
Ever
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