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ISIS introduces ‘Golden Dinar’ currency, Hopes it will collapse U.S. dollar
The Foreign Desk ^ | 07/06/2016 | Lisa Daftari

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 ...


TOPICS:
KEYWORDS: deirezzor; dinar; dollar; energy; gold; goldbugs; goldcoin; goldendinar; is; isis; isiscoin; islamicstate; methane; opec; petroleum; syria; usdollar
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To: Fali_G

It won’t - but one day in the not-too-distant future the Golden Yuan will.


21 posted on 07/06/2016 5:38:38 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Fali_G

put some tracers in them and you have bombing targets.


22 posted on 07/06/2016 5:39:43 PM PDT by DannyTN
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To: Fali_G

put some tracers in them and you have bombing targets.


23 posted on 07/06/2016 5:39:44 PM PDT by DannyTN
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To: Fali_G

I think we now know what happened to Quaddafi’s gold, thanks to Hillary


24 posted on 07/06/2016 5:48:09 PM PDT by Future Useless Eater (Obama wants nuclear war with RU by October. How would Americans know who REALLY started it?)
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To: Lazamataz; TADSLOS; beaversmom; GraceG; Gondring; Norm Lenhart; Crazieman; Jet Jaguar; hal ogen
JUST like in Fallout: New Vegas.

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.


25 posted on 07/06/2016 5:56:03 PM PDT by KC_Lion (Never Killary!)
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...

What Are Their FR Nicks?


26 posted on 07/06/2016 5:56:37 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: Fali_G
yeah, right...

27 posted on 07/06/2016 6:01:25 PM PDT by Chode (You Owe Them Nothing - Not Respect, Not Loyalty, Not Obedience)
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To: DennisR

because we are psychologically duped.That paper is not worth spit.


28 posted on 07/06/2016 6:09:52 PM PDT by WENDLE (THIS WAS A RAPE OF LADY LIBERTY!! IT SHALL NOT STAND!!)
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To: johniegrad

Gold standard is the only hope for our country. It takes the government right out of our lives.


29 posted on 07/06/2016 6:11:21 PM PDT by WENDLE (THIS WAS A RAPE OF LADY LIBERTY!! IT SHALL NOT STAND!!)
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To: Fali_G

Minted in turkey no doubt

Gee ever wonder what happened to qadaffi’s gold ?


30 posted on 07/06/2016 6:13:51 PM PDT by silverleaf (Age takes a toll: Please have exact change)
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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]

31 posted on 07/06/2016 6:17:20 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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http://www.traditionaloven.com/metal/precious-metals/gold/convert-cubic-foot-cu-ft-gold-to-pound-lb-of-gold.html

Amount: 1 cubic foot (cu ft - ft3) of gold volume
Equals: 1,203.74 pounds (lb) in gold mass


32 posted on 07/06/2016 6:18:47 PM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: Fali_G

Islam means Theft.

Islamic currency is therefore trash.

By definition, Islam cannot compete and always degenerates into a hell hole.


33 posted on 07/06/2016 6:21:33 PM PDT by TheNext (Hillary Hurts Children & Women)
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To: Fali_G

Good...bomb their mint.


34 posted on 07/06/2016 6:28:02 PM PDT by hal ogen (First Amendment or Reeducation Camp?.)
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To: Fali_G
it will kill the US dollar if the Rothschild, Rockefeller, Dupont, Morgan and Bush clans are behind it
35 posted on 07/06/2016 6:28:26 PM PDT by drypowder
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To: KC_Lion

I’m hoarding bottle caps instead.


36 posted on 07/06/2016 6:39:53 PM PDT by TADSLOS (Trump - because this Constitutional Republic is already undone.)
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To: Fali_G
Gold. You can't eat it and you can't burn it.

You can spend it as long as there is a sucker who believes it can be eaten or burnt.

37 posted on 07/06/2016 6:52:43 PM PDT by stboz
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To: Fali_G

Since most Israelis have amalgam or acrylic fillings, where is ISIS hoping to get their gold from?


38 posted on 07/06/2016 7:01:56 PM PDT by KarlInOhio (An orange jumpsuit is the new black pantsuit.)
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To: Leaning Right

Make them out of tungsten, electroplate a thin coating of gold. That’s how a lot of fake gold bars are made.


39 posted on 07/06/2016 7:14:10 PM PDT by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: nascarnation

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


40 posted on 07/06/2016 7:24:05 PM PDT by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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