Friday, March 27, 2009

Could Muslim Gold Dinar become International Currency?

In addition to its dedication to create nuclear bombs, Iran is cooperating with Malaysia to reestablish the gold dinar to replace paper currency; thus dropping an economic bomb on the world. From Islam's early beginnings, the gold dinar remained the official Islamic currency until the collapse of the Ottoman Empire in 1924. After George Soros raided Asian currencies in 1997, Malaysia has sought a more stable unit. On Nov. 7, 2001 the Islamic Dinar was officially re-launched by the Islamic Mint in West Malaysia. (The US had not objected to the Malaysia-initiated use of the dinar for international trade.) The main pillar of Osama bin Laden's strategy to bring down the United States has been to ruin it economically, just as he did the former USSR; hence the destruction of the Trade Towers on Sept. 11, 2001, and the costly wars in Afghanistan and Iraq.
Most Middle Eastern gold is primarily held in London, in violation of the Koran. Thus the Muslims either need to make Britain a Muslim country or move their gold to a Muslim country. Iran might become the center of the Middle East's gold holding because it will be protected militarily by Putin's Russia. Iran could promote the gold dinar as a superior currency to the US dollar under nuclear threat.

1 comment:

  1. is already very popular. This is an online digital gold and silver currency based on the Islamic dinar and dirham.
    Here is an issue all about e-Dinar.
    This is a great way to do business backed by gold.