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Getbig Misc Discussion Boards => Religious Debates & Threads => Topic started by: a_ahmed on October 14, 2012, 07:57:48 AM



Title: Islamic Gold Dinnar
Post by: a_ahmed on October 14, 2012, 07:57:48 AM
http://en.wikipedia.org/wiki/Islamic_gold_dinar

Historically from the very beginning gold and silver were made currency in the islamic world.

There is a movement to establish this yet again, however the US and european nations want to stop this idea.

Even Gadaffi wanted to implement this that was one of the reasons he was overthrown.

Why? It would bankrupt the already bankrupt west and enrich african, arab and other Muslim nations


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 14, 2012, 07:59:31 AM
(http://media.liveauctiongroup.net/i/5536/8510364_1.jpg?v=8CB9B8C8EDAFE50)

(http://www.islamicmint.com/images/Sticker.gif)

Islam is dangerous for all the elites of the west as they would lose control over the people and lose their extreme power and wealth over the common man as Islam would not allow such tyrannous rule. One just needs to study The rashidun caliphates (Abu Bakr as-siddique, Umar ibn al-khattab and Uthaman ibn affan, Ali ibn Abi Talib)


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 14, 2012, 11:43:04 AM
I posted this video a few years ago, and was immediately accused of being a Muslim. I guess Peter Schiff is also a Muslim, because he also has it posted on his channel as well.

Gold Dinar, Silver Dirham

http://www.youtube.com/watch?v=nNtIsSWVJBI


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 14, 2012, 11:51:18 AM
Uploaded by saab900seturbo on Aug 25, 2009
Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah say: "A time is certainly coming over mankind in which there will be nothing (left) that will be of use (or benefit) save a Dinar (i.e., a gold coin) and a Dirham (i.e., a silver coin). This prophecy clearly anticipates the eventual collapse of the fraudulent monetary system now functioning around the world. (Musnad, Ahmad)

There seems to be little understanding of the role that a European-created money-system has been playing in delivering to enemies of Islam the capacity to engage in massive legalised theft of the wealth of mankind. Nor is there realization that those enemies have designed a monetary system that would eventually deliver to them financial dictatorship over the whole world. They have already succeeded in enslaving millions of Muslims (as well as others amongst mankind) with slave wages and even destitution, while pursuing a sinister global agenda...

The Gold Dinar and The Future of Money 1/8

http://www.youtube.com/watch?v=uPjj1YjHC2s

The Gold Dinar and The Future of Money 2/8

http://www.youtube.com/watch?v=27iTEz1jtH8

The Gold Dinar and The Future of Money 3/8

http://www.youtube.com/watch?v=JpHUQqVq6tU

The Gold Dinar and The Future of Money 4/8

http://www.youtube.com/watch?v=QdswLSqleBo

The Gold Dinar and The Future of Money 5/8

http://www.youtube.com/watch?v=WSXoSVvZyho

The Gold Dinar and The Future of Money 6/8

http://www.youtube.com/watch?v=ShLIpJy7kSY

The Gold Dinar and The Future of Money 7/8

http://www.youtube.com/watch?v=epGZHnJexSA

The Gold Dinar and The Future of Money 8/8

http://www.youtube.com/watch?v=I1MmbgSDEi4


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 14, 2012, 02:56:33 PM
http://en.wikipedia.org/wiki/Islamic_gold_dinar

Historically from the very beginning gold and silver were made currency in the islamic world.

There is a movement to establish this yet again, however the US and european nations want to stop this idea.

Even Gadaffi wanted to implement this that was one of the reasons he was overthrown.

Why? It would bankrupt the already bankrupt west and enrich african, arab and other Muslim nations

LIBYA WAR GOLD AND THE BANKSTERS!!

http://www.youtube.com/watch?v=QbxrIeoFrzY


The Real Reason for NATO Attacking Libya EXPOSED

http://www.youtube.com/watch?v=O35_Ai6EsMU


The Truth About Libya: NATO Crimes & Mass Media Lies Exposed!

http://www.youtube.com/watch?v=3hDejIHc1XI


Can you handle the TRUTH about Libya & the UN bombing?

http://www.youtube.com/watch?v=ZUNzINzZnjc


Obama Lies About Libya...The Shocking Truth Behind The Facade

http://www.youtube.com/watch?v=0Aup7tdCjQ8


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 14, 2012, 04:53:30 PM
Bam! lol


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 15, 2012, 04:02:13 AM
To make Gold and silver coins as currency today is the dumbest idea I have ever heard of.

Anyone that has studied history, like myself, knows that Gold and silver coins where weighed upon every business transactions, although it was not a problem back then cause the markets did not yield big line ups, people only bought what was necessary.

Just imagine every single cashier stopping to put the coins on a scale at walmart, LMAO' what a stup頳 idea. lol.


Title: Re: Islamic Gold Dinnar
Post by: avxo on October 15, 2012, 05:07:23 AM
To make Gold and silver coins as currency today is the dumbest idea I have ever heard of.

Anyone that has studied history, like myself, knows that Gold and silver coins where weighed upon every business transactions, although it was not a problem back then cause the markets did not yield big line ups, people only bought what was necessary.

Just imagine every single cashier stopping to put the coins on a scale at walmart, LMAO' what a stup頳 idea. lol.

Be quiet! You'll get 24KT all wet and then she'll walk off the movie set to come sing the praises of gold flakes encased in tamperproof plastic! Apparently, it's a wise investment and it will soon be usable as currency everywhere... Just don't ask how you will get change back when you buy a pack of gum for $0.75 with a $20 plastigold card!



Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 15, 2012, 07:37:49 AM
Be quiet! You'll get 24KT all wet and then she'll walk off the movie set to come sing the praises of gold flakes encased in tamperproof plastic! Apparently, it's a wise investment and it will soon be usable as currency everywhere... Just don't ask how you will get change back when you buy a pack of gum for $0.75 with a $20 plastigold card!


lol, tamperproof plastic, lmao  ;D


Title: Re: Islamic Gold Dinnar
Post by: Radical Plato on October 15, 2012, 09:50:46 PM
http://www.youtube.com/watch?v=cs4eVuFfqUs


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 17, 2012, 09:24:45 AM
Interesting video E-Kul. I've seen him interviewed many times on Al Jazeera.

But why are you posting it in this thread? It actually looks like an act of desperation from my POV.

Wouldn't it be more appropriate in the ex-muslims thread?

This has absolutely nothing to do with Gold or what the qur'an says about gold or silver.

So why post it here, ...unless you're trying to stir up anger & animosity towards Islam?

OFF TOPIC


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 17, 2012, 10:14:37 AM
To make Gold and silver coins as currency today is the dumbest idea I have ever heard of.

Anyone that has studied history, like myself, knows that Gold and silver coins where weighed upon every business transactions, although it was not a problem back then cause the markets did not yield big line ups, people only bought what was necessary.

Just imagine every single cashier stopping to put the coins on a scale at walmart, LMAO' what a stup頳 idea. lol.

Yes, I agree... having to put coins on a scale at walmart or any other establishment would be a rather cumbersome process indeed!

Be quiet! You'll get 24KT all wet and then she'll walk off the movie set to come sing the praises of gold flakes encased in tamperproof plastic! Apparently, it's a wise investment and it will soon be usable as currency everywhere... Just don't ask how you will get change back when you buy a pack of gum for $0.75 with a $20 plastigold card!


Actually, as brilliant and as insightful as his comment may be, ...it takes a bit more to get me wet.

For the record, we're not talking about gold flakes, ...but rather an actual gold bullion piece, ...an ingot embedded and sealed in a plastic card in order to protect it. It is not a $20 plastigold card, ...but rather a genuine gram of 24KT 999.9 pure LBMA certified currency grade gold worth about $80 today.

As the value of US$ continues to be worth less and less with each passing month as the Fed prints up and injects $40 Billion into the economy, the value of karatbars goes up and up.

Having a 1 gram gold bar is like having a $80 bill.  :D

If you think getting change for a $0.75 pack of gum is difficult, ...try getting change for that pack of gum when paying with a 1 oz gold coin, ...IF they will even accept it.

I'd rather execute a transactions armed with 31 $80 bills, than with 1 $1800 bill

But don't worry, ...when hyperinflation kicks in, and your money becomes worthless, that pack of gum may indeed cost you $7.50   ;D ...and that gold bar worth $80 today, might indeed be worth $800 tomorrow.

As for how one makes change.... very simply, ...that's the beauty and ingenuity behind Karatbars and their forward thinking ways. You just watch and see how it gets done!

IT WILL BE BRILLIANT!!!

http://www.youtube.com/watch?v=fSOvllZTttI

pssst: Some things I unfortunately simply can't post on a public forum, ...but I will say it is more than enough to get me wet, ...infact, if I think about it long enough, I might need to go smoke a cigarette afterwards.  ;)
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Title: Re: Islamic Gold Dinnar
Post by: avxo on October 17, 2012, 07:43:36 PM
Yes, I agree... having to put coins on a scale at walmart or any other establishment would be a rather cumbersome process indeed!

Just like it would be to have to "validate" a gold bar.


For the record, we're not talking about gold flakes, ...but rather an actual gold bullion piece, ...an ingot embedded and sealed in a plastic card in order to protect it. It is not a $20 plastigold card, ...but rather a genuine gram of 24KT 999.9 pure LBMA certified currency grade gold worth about $80 today.

1 gram of gold would be apprxomiately 0.625 tall by 0.3" wide by 0.015" thick. For reference, you'd need more than 28 of these "ingots" to have 1 ounce of gold. So it's a very small "ignot" hence my sarcastic comment about gold flakes; ironically enough you seem to think that gold flakes are somehow less valuable than "ingots" which I guess goes to show just how much you know about the subject. Let me educate you:

The flakes could be of just as high a purity as any ingot. In fact, gold of very high purity is extremely soft and malleable and can easily flake. This is why it's typically alloyed with other metals - for structural strength - and the reason that "good delivery" bars of gold are rated 995 is exactly that: to ensure that the bar has structural strength.

The fineness of an ingot or a piece of jewerly, which you seem to think categorizes gold into "good" and "bad" doesn't actually do that; it only tells you the per-mille content of the piece in gold vs. the other metals in the alloy, and allows you to determine how much pure gold you're actually getting per troy ounce.

The reason why I refer to it as a "plastigold" card is because the cost required to extract the gold "ingot" would likely be high enough to not make it worth while for someone to remove the gold unless it's done in a massive scale. That's where Karatbars gets its relative "security" from and why it might be reasonable to trust such a card, if you know that it exists to begin with. The fancy holograms and other bullshit on the plastic are... well... bullshit.




As the value of US$ continues to be worth less and less with each passing month as the Fed prints up and injects $40 Billion into the economy, the value of karatbars goes up and up.

And so does the value of palladium. And copper. And pork bellies. Why aren't you buying bacon?


Having a 1 gram gold bar is like having a $80 bill.  :D

Sure, and if all you want to do is stack $80 "bills" under the mattress, Karatbars could work, but would take up a lot more volume the more "traditional" bars or rounds.

But you are peddling this as a currency, and as a currency it's worthless because it's not easily divisible (I can't pay my $40 bill by cutting a gold bar in half). Assuming I could find an establishment that accepts Karatbars, the only way I could get change back would be in fiat currency, like U.S. greenbacks and coins - the stuff you hate so much.


If you think getting change for a $0.75 pack of gum is difficult, ...try getting change for that pack of gum when paying with a 1 oz gold coin, ...IF they will even accept it.

Why would I want to do somehting stupid like that? For one thing, the face value of 1 ounce gold coins is significantly less than the value of the gold content, and an establishment accepting the coin as currency would only accept it for its face value; not for the value of its gold content. For another, I'm perfectly content paying for it with my debit card or with the change floating around my car. And you know what? I bet that for all your talk, you are too.

I'd rather execute a transactions armed with 31 $80 bills, than with 1 $1800 bill

I'd rather execute such a transaction with 2 $1,000 bills, or since those are no longer available, 20 $100 bills. But hey... what do I know?

But don't worry, ...when hyperinflation kicks in, and your money becomes worthless, that pack of gum may indeed cost you $7.50   ;D ...and that gold bar worth $80 today, might indeed be worth $800 tomorrow.

Even if we do get rising inflation the risk of hyperinflation is smaller than the gold fla... excuse me, the gold "ingots" in Karatbars.


As for how one makes change.... very simply, ...that's the beauty and ingenuity behind Karatbars and their forward thinking ways. You just watch and see how it gets done!

Oh great, a youtube video recorded by some guy sitting in his basement, reading a manuscript into a $1.99 microphone while paging through a presentation made using the copy of Microsoft Works that shipped with his 75MHz Packard Bell machine. ::)

The guy's sheer idiocy is evident throughout the video. Here's a representative - pardon the pun - golden nugget from him: "you bought your house with paper money and it's going to be affected." Affected how? Homes, much like gold, are physical commodities, whose values fluctuate indepedent of currency, much like gold. They are only denominated in dollars (or whatever the local currency may be).


IT WILL BE BRILLIANT!!!

With "senior executives" of that caliber who have such a nuanced understanding of ecomonics? For sure. ::)


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 17, 2012, 11:06:16 PM
The reason why I refer to it as a "plastigold" card is because the cost required to extract the gold "ingot" would likely be high enough to not make it worth while for someone to remove the gold unless it's done in a massive scale.

Gold has always been tampered wit and always will be, that is why these ideas would never work. It is nearly impossible to find a gold coin from antiquity without the edges shaved off


Title: Re: Islamic Gold Dinnar
Post by: Radical Plato on October 18, 2012, 12:57:39 AM
http://www.youtube.com/watch?v=cnmNBbOuOsY


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 18, 2012, 01:11:31 AM
http://www.youtube.com/watch?v=cnmNBbOuOsY
This guy is a hero


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 19, 2012, 12:15:13 PM
Just like it would be to have to "validate" a gold bar.

Actually no.
Distinguishing between a real gold bar and a fake one is quite simple and easily done.
Any clerk in any store can easily be trained how to spot a genuine one from a fake in a matter of minutes.

Quote
1 gram of gold would be apprxomiately 0.625 tall by 0.3" wide by 0.015" thick. For reference, you'd need more than 28 of these "ingots" to have 1 ounce of gold. So it's a very small "ignot" hence my sarcastic comment about gold flakes; ironically enough you seem to think that gold flakes are somehow less valuable than "ingots" which I guess goes to show just how much you know about the subject. Let me educate you:

 ::)  A gram of gold can be whatever dimensions one chooses to make it, such is the malleability of gold. You would need approx 31 one gram units to have an oz of gold. Gold is measured in troy ounces.

Educate yourself before you try educating others, ...especially about something you clearly have no knowledge of.

Quote
The flakes could be of just as high a purity as any ingot. In fact, gold of very high purity is extremely soft and malleable and can easily flake. This is why it's typically alloyed with other metals - for structural strength - and the reason that "good delivery" bars of gold are rated 995 is exactly that: to ensure that the bar has structural strength.

Bars that are 999.5 are not considered currency grade and are subject to tax.
By encased our 999.9 bars in cards, they are provided with the structural strength to protect the gold piece, while at the same time, providing the LBMA certification that stays with the actual gold piece.

Quote
The fineness of an ingot or a piece of jewerly, which you seem to think categorizes gold into "good" and "bad" doesn't actually do that; it only tells you the per-mille content of the piece in gold vs. the other metals in the alloy, and allows you to determine how much pure gold you're actually getting per troy ounce.

Who has said otherwise?

Quote
The reason why I refer to it as a "plastigold" card is because the cost required to extract the gold "ingot" would likely be high enough to not make it worth while for someone to remove the gold unless it's done in a massive scale. That's where Karatbars gets its relative "security" from and why it might be reasonable to trust such a card, if you know that it exists to begin with. The fancy holograms and other bullshit on the plastic are... well... bullshit.

So in other words, karatbars are tamper-proof and non-counterfeitable?

When it costs a counterfieter more money to produce a fake gold bar than it would to simply produce the genuine thing, ...it kind of takes away the incentive to counterfeit doesn't it?

Quote
And so does the value of palladium. And copper. And pork bellies. Why aren't you buying bacon?

You want to use bacon as money, as a store of value? ....knock yourself out.

Quote
Sure, and if all you want to do is stack $80 "bills" under the mattress, Karatbars could work, but would take up a lot more volume the more "traditional" bars or rounds.

Watch and see what becomes of "traditional" bars & rounds.

Quote
But you are peddling this as a currency, and as a currency it's worthless because it's not easily divisible (I can't pay my $40 bill by cutting a gold bar in half). Assuming I could find an establishment that accepts Karatbars, the only way I could get change back would be in fiat currency, like U.S. greenbacks and coins - the stuff you hate so much.

Spoken from a position of ignorance.

Why don't you attend one of our webcasts and learn exactly how it can be done?

Quote
Why would I want to do somehting stupid like that? For one thing, the face value of 1 ounce gold coins is significantly less than the value of the gold content, and an establishment accepting the coin as currency would only accept it for its face value; not for the value of its gold content. For another, I'm perfectly content paying for it with my debit card or with the change floating around my car. And you know what? I bet that for all your talk, you are too.

I'd rather execute such a transaction with 2 $1,000 bills, or since those are no longer available, 20 $100 bills. But hey... what do I know?

Even if we do get rising inflation the risk of hyperinflation is smaller than the gold fla... excuse me, the gold "ingots" in Karatbars.


Oh great, a youtube video recorded by some guy sitting in his basement, reading a manuscript into a $1.99 microphone while paging through a presentation made using the copy of Microsoft Works that shipped with his 75MHz Packard Bell machine. ::)

The guy's sheer idiocy is evident throughout the video. Here's a representative - pardon the pun - golden nugget from him: "you bought your house with paper money and it's going to be affected." Affected how? Homes, much like gold, are physical commodities, whose values fluctuate indepedent of currency, much like gold. They are only denominated in dollars (or whatever the local currency may be).


With "senior executives" of that caliber who have such a nuanced understanding of ecomonics? For sure. ::)



Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 19, 2012, 12:19:17 PM
E-Kul and OneTimeHard, what does that OFF TOPIC video have to do with gold?
Or is it just another desperate attempt to inject anti-muslim hatred into a thread?


Title: Re: Islamic Gold Dinnar
Post by: avxo on October 19, 2012, 01:57:02 PM
Actually no.
Distinguishing between a real gold bar and a fake one is quite simple and easily done.
Any clerk in any store can easily be trained how to spot a genuine one from a fake in a matter of minutes.

I'm sorry, are you asserting that the training can be done in a matter of minutes, or that properly trained clerks can determine whether a gold bar is fake in a matter of minutes?


::)  A gram of gold can be whatever dimensions one chooses to make it, such is the malleability of gold. You would need approx 31 one gram units to have an oz of gold. Gold is measured in troy ounces.

Of course you could make it in a large number of dimensions. That wasn't my point. As for what gold is measured in, you know that I know that, especially considering the fact that I've schooled you before. Oh, and for the record, there are slightly over 31.1 grams of gold in a troy ounce :) Perhaps someone's been swindling you?


Educate yourself before you try educating others, ...especially about something you clearly have no knowledge of.

Said the woman who thought tha karatbars were composed of 999.9% pure gold...



Bars that are 999.5 are not considered currency grade and are subject to tax.

I've no idea where you pulled that out from and very much doubt you can provide a reference. But it doesn't matter. What matters is that 999.5 bars are, actually, good-delivery bars. 1 gram gold blobs encased in plastic, on the other hand, are not.


By encased our 999.9 bars in cards, they are provided with the structural strength to protect the gold piece, while at the same time, providing the LBMA certification that stays with the actual gold piece.

LBMA certification you say? Can you provide some proof of that? Oh, and whatever certification there is stays with the plastic. Remember plastic cards are not tamper-proof.


So in other words, karatbars are tamper-proof and non-counterfeitable?

No. They're not 'tamperproof'. At best they might be tamper-evident. As for being 'non-counterfeitable', I have no idea where you get that idea. Anything that's made can be counterfeited. Consider passports: governments spend exorbitant amounts of money to design and develop high-tech anti-counterfeiting features, and yet... passports are counterfeited. ALL THE TIME.

And you think that a plastic card can't be counterfeited? Why? Because it's got a hologram and some numbers printed on it?


When it costs a counterfieter more money to produce a fake gold bar than it would to simply produce the genuine thing, ...it kind of takes away the incentive to counterfeit doesn't it?

Actually, I don't think it would cost all that much to counterfeit the plastic itself, complete with fancy hologram. Drop a blob of pyrite in there and... what do you know? Then take 500 of those, bring them to someone like you who thinks that the plastic cards are 'non-counterfeitable' and exchange them...


You want to use bacon as money, as a store of value? ....knock yourself out.

I don't want to use it as money for the same reasons why I don't want to use gold either.


Watch and see what becomes of "traditional" bars & rounds.

Assuming a gold bar is roughly the size of a credit card, it's dimensions are 85.60mm * 53.98mm * 0.76mm, giving us a volume of approximately 3.51cm3 per gram of gold. You need approximately 31 such card for one troy ounce of gold, occupying a volume of 108.8cm3.

Compare that to a single 1oz Canadian golden maple leaf coin, which has a diameter of 33mm and a height of 2.79mm, giving us a total volume of 1.972cm3.

In other words, purely as a function of the amount of storage required, you can fit 50 times more gold in the same space by buying 1oz Canadian maple leafs.


Spoken from a position of ignorance.

Why don't you attend one of our webcasts and learn exactly how it can be done?

Are they more professional than the "presentation" you posted before, where the guy was reading a poorly written rant into a fishbowl that had a microphone in it?


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 19, 2012, 02:58:34 PM
avxo always bringing useless thousands of quotation replies to every thread. ::)


Title: Re: Islamic Gold Dinnar
Post by: avxo on October 19, 2012, 03:03:49 PM
avxo always bringing useless thousands of quotation replies to every thread. ::)

I think it's more organized than replying with a wall of text, addressing all points together. But if you don't like it I can change ahmed. Just don't lea... oh... wait, what am I saying? If you don't like it, too bad.

At any rate, it's better than your modus operandi: posting pages upon pages of videos ;D


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 19, 2012, 03:06:25 PM
No i posted one line to see if you'd make two lines out of it.

I rather read a block of text, than a construct of bs and sarcasm line by line by line by line. You are just making the post double the size unnecessarily while not speaking a word of truth except along the way glorifying yourself and mocking the other side. So when it's done to you, you call theists irrational  ;D


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 19, 2012, 03:17:12 PM
No i posted one line to see if you'd make two lines out of it.

I rather read a block of text, than a construct of bs and sarcasm line by line by line by line. You are just making the post double the size unnecessarily while not speaking a word of truth except along the way glorifying yourself and mocking the other side. So when it's done to you, you call theists irrational  ;D

He's just a typical GetBig troll. Either unemployed with too much time on his hands, or on the payroll to inject hatred throughout the internet. He cannot live & let live. If he has no interest in gold, or the subject matter being discussed, he should simply Fuck off and ignore the thread, but he has an obsession to troll, and disparage something. He cannot simply live & let live. His mentality and people like him is what's wrong with the planet.


Title: Re: Islamic Gold Dinnar
Post by: avxo on October 19, 2012, 03:23:59 PM
No i posted one line to see
if you'd make two lines out of it.

Like that?


I rather read a block of text, than a construct of bs and sarcasm line by line by line by line.

Alas, what you'd rather read is not my concern.


You are just making the post double the size unnecessarily while not speaking a word of truth except along the way glorifying yourself and mocking the other side. So when it's done to you, you call theists irrational  ;D

You're onto me... damn. Time to go glorify myself some more!

He's just a typical GetBig troll. Either unemployed with too much time on his hands, or on the payroll to inject hatred throughout the internet.

::)


If he has no interest in gold, or the subject matter being discussed, he should simply Fuck off and ignore the thread, but he has an obsession to troll, and disparage something.

But I do have an interest in the matter being discussed. It's just that your interests and mine don't align.


He cannot simply live & let live. His mentality and people like him is what's wrong with the planet.

And here I thought the problem was fiat currencies and berating the Prophet...


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 19, 2012, 03:25:06 PM
Like that?


Alas, what you'd rather read is not my concern.


You're onto me... damn. Time to go glorify myself some more!

::)


But I do have an interest in the matter being discussed. It's just that your interests and mine don't align.


And here I thought the problem was fiat currencies and berating the Prophet...

Wow so much useless in so little space


Title: Re: Islamic Gold Dinnar
Post by: avxo on October 19, 2012, 03:32:08 PM
Wow so much useless in so little space

You're easily impressed.


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 19, 2012, 04:05:43 PM
You're easily impressed.

Wow.


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on October 19, 2012, 04:06:43 PM
rotflmao Israeli forum discussing "The Islamic Gold Dinnar conspiracy"

http://www.israelforum.com/board/showthread.php?8416-The-Islamic-Gold-Dinar-Conspiracy

Quote
By Craig R. Smith, CEO SATC

INTRODUCTION:
WHAT IS THE ISLAMIC GOLD DINAR?

A.D.700 - A.D. 1924: From the very beginning, Muslims used a gold coin called a Gold Dinar as their form of money. The Gold Dinar remained the official Islamic currency until the collapse of the Ottoman Empire in 1924... when it disappeared for 77 years.

But on Nov. 7, 2001 -- less than two months after the terrorist attacks of Sept. 11 -- the Islamic Dinar was officially re-launched by the Islamic Mint in West Malaysia and is now available to the public.

Although a beautiful coin, the Gold Dinar could pose a serious threat to the U.S. economy! In fact, its supporters believe the Gold Dinar will become the official currency of more than 1.5 BILLION Muslims worldwide. Now radical Islam is urging Muslims worldwide to drop the U.S. Dollar and adopt the Gold Dinar as their primary currency!

WHY IS THE DINAR A THREAT TO THE U.S. DOLLAR?

Since the reissue of the Gold Dinar in November 2001, the U.S. Dollar has dropped to a RECORD LOW against the euro... while the price of gold has SOARED from about $260 per ounce to an 8-year RECORD HIGH of over $410 per ounce. And this is just the beginning!

As the dollar continues to drop, the priced-for-perfection stock market could be impacted dramatically. Unprepared investors could lose BILLIONS! It's no coincidence that Osama bin Laden chose to strike the World Trade Center on Sept. 11... Why?

Because, the World Trade Center represented the heart and soul of the U.S. economy. And destroying the U.S. economy is the main pillar of bin Laden's strategy to bring down the United States.

Back in 1997, there was a huge and devastating currency raid by the famous trader, George Soros, who leveled Asian monetary units and caused the major Asian economies to falter. It is true that some of those economies have not fully recovered. However, it is also true that history may point to this currency raid and raider as the germination of the seed for the uniting factor of Islamic economic power that changed the economic and monetary world.

FROM OIL FOR DOLLARS ... TO ... OIL FOR GOLD!

On Jan 18 Forbes reported that Sell oil for gold, Mahathir tells Saudi Arabia ... "Former Malaysian Prime Minister Mahathir Mohamad said on Sunday that Saudi Arabia should sell oil for gold, not dollars, to avoid being "short-changed" by a decline in the U.S. currency ... He suggested countries tally their total annual imports and exports and settle the difference at the end of the year in "gold dinars."

Recent news supports the idea that the Gold Dinar, with support from 53 other Islamic nations, is a planned offensive against the use of the dollar as a settlement currency for oil. It is perceived, and correctly so, that the Islamic world is controlled via the use of the US dollar as the main settlement currency.

When I say "controlled" I mean whatever happens economically in the USA is exported there via the dollar. Dollars exchanged for the Gold Dinar currency as a measure for gold settlements quarterly or gold convertible to pay for certain oil imports would end all the debate of whether or not gold has a place in the monetary system.

CAN RADICAL ISLAM CONVINCE MUSLIMS TO USE THE GOLD DINAR INSTEAD OF THE DOLLAR?

IF it was just the radical fundamentalists that were pushing the gold Dinar, you could presume that this movement would never get off the ground, BUT it is not.

On Jan. 8, 2004 the Malaysian Star reports, "Malaysian gold mine bought to promote gold dinar -- MALAYSIA-BASED IGD Practice (Labuan) Ltd is buying into a gold mine in Kazakhstan in a bid to promote the use of gold dinar globally."

According to John Myers, Outstanding Investments A 1,300-year-old gold dagger;

"Many Muslims believe that the United States is responsible for the enormous devastation suffered by hundreds of millions of Muslims during the Asian Currency Crisis of 1997. This ANGER will provide a powerful incentive for Muslims to get even with the United States by selling dollars and buying Islamic Gold Dinars.

Just take a look at this quote from the Islamic Mint Web site:

"... he heard the Messenger of Allah say: "'A time is certainly coming over mankind in which there will be nothing
which will be of use save a dinar...'"
-- Imam Ahmad ibn Hanbal

I think it's obvious. These folks don't just want the dollar to drop, they want the U.S. dollar to disappear. Permanently!

Last year SwissAmerica.com posted a ground-breaking story by Jim Sinclair, "The Gold Dinar: A Nuclear Wild Card," which quoted the Islamic "AL-FATH AL-'ALI AL-MALIKI" (PP. 164-165)

"This Fatwa considers paper-money to be fulus, because it only represents money and does not have value as merchandise. It follows that since Zakat cannot be paid in fulus, which has no value as merchandise, it cannot be paid in paper-money, which value as weight of paper is null. On this basis, it becomes clear the urgent need to restore the use of the Dinar and the Dirham as payment of Zakat. If the millions of Muslims who now make their payment of Zakat in paper money would do it in newly minted Dinars and Dirham's, they will put in circulation millions of gold and silver coins into the mainstream of daily commercial activities of our communities. That single act will became the most important political act of the century, opening the path towards the establishment our own halal free currency breaking away from the usurious financial system. The return to the payment of zakat in gold and silver is an essential part of the reestablishment of Islam."

Those are serious words and should not be taken lightly. You see, the establishment of a gold-based currency is rebellion against the IMF as it is distinctly forbidden under IMF rules.

RESTORING THE FOURTH PILLAR OF ISLAM: ZAKAT IN GOLD & SILVER

Here is where the Gold Dinar story gets interesting -- and even somewhat ironic to those who understand the Judeo-Christian principle of both tithing and the biblical requirement of just weights and measures in an honest money system.
According to Islam, Muhammad was reported to have said, 芒鈧揑slam is based upon five pillars:
脗路 to make Shahadataan (declaration of faith)
脗路 to establish Salaah (formal prayer)
脗路 to make Sawm (fasting in the month of Ramadaan)
脗路 to give Zakat (or Zakaah) (charity)
脗路 to perform Hajj (pilgrimage to the Ka'bah)."

It is this fourth 芒鈧損illar芒鈧 that I want to focus on for a moment. The fundamentalist branch of Islam (about 10% of 1.3 billion followers 芒鈧 that芒鈧劉s 130 million! 芒鈧 about 1/3 of U.S. population) holds to the belief system stated above 芒鈧 芒鈧揟he return to the payment of Zakat in gold and silver is an essential part of the reestablishment of Islam."

The literal meaning of the word Zakat is: grow (in goodness) or 'increase', 'purifying' or 'making pure'. The vital importance of Zakat is reflected in Islamic law: "My mercy encompasses all things, but I will specify it for the righteous who give Zakat" (7:156). 芒鈧揨akat must be given away "on the day of harvest" (6:141). Whenever we receive "net income," the "known amount" of Zakat should be paid or set aside. This known amount is 2.5%.芒鈧 SOURCE: Submission.org

According to Viewislam.com芒鈧γ⑩偓聺Zakat (or Zakaah) is an obligatory form of charity on savings. It is not an income tax, but a savings tax. Its major recipients are the working poor, who cannot meet all of their needs without some additional help, and the destitute, who cannot even meet their basic needs. It is also used to pay off the debts of those who are unable to pay off their own debts, to free slaves and ransom prisoners of war and to reconcile the hearts of new Muslims who may not yet have a firm foundation of faith. Other lawful recipients are stranded travelers, those engaged in jihad and employees of the state working to collect and distribute zakaah. Their wages come from it.

"Zakaah is due on the following forms of wealth: Gold and silver, Business inventory, Livestock, Agricultural produce and even buried treasure. The amount due is 2.5% of savings when it reaches the equivalent value of 85 grams (approximately three ounces) of gold. This minimum amount on which zakaah is due is called the nisaab. Although some scholars say that money should be pegged to the nisaab of silver, i.e., 595 grams, the majority considers gold to be a more reasonable peg for developed economies." [The Practice of Zakat by country]

So, under Islamic law Zakat is a form of Muslin tithing to God for the support of the less fortunate or jihad -- and it is to be paid in gold or silver, not paper currencies without any intrinsic value.

It is clear that the restoration of a gold and silver dinar is part of the mission of Islamic fundamentalist and, if successful, it could send the value of the U.S dollar spiraling downward if the Arab world decides to start valuing the price of oil in gold dinars instead of U.S. dollars.

CONCLUSION: BE PREPARED FOR THE THIRD GREAT JIHAD!

The U.S. dollar has never had as many enemies as it has today. Does it make sense to have all of your assets linked to the U.S. dollar right now -- OR -- to have a portion of your assets directly linked to gold?

According to author and geopolitical expert, Larry Abrahams ...

This war [on Terror] is what the Jihadists themselves are calling the "Third Great Jihad." They are operating within the framework of a time line which reaches back to the very creation of Islam in the seventh century and are presently attempting to recreate the dynamics which gave rise to the religion in the first two hundred years of its existence.

The strategy for this "holy war" did not begin with the planning of the destruction of the World Trade Center. It began with the toppling of the Shah of Iran back in the late 1970脗鹿s. With his plans and programs to "westernize" his country, along with his close ties to the U.S. and subdued acceptance of the State of Israel, the Shah was the soft target.

The Third Jihad now had a base of operations and the oil wealth to support its grand design or what they call the "Great Caliphate". What this design calls for is the replacement of all secular leadership in any country with Muslim majorities. This would include, Egypt, Turkey, Pakistan, Indonesia, all the Emirates, Sudan, Tunisia, Libya, Algeria, Morocco, Yemen, Syria, Lebanon, Jordan, Malaysia, Indonesia and finally Israel.

As a part of this strategy, forces of the jihad will infiltrate governments and the military as a prelude to taking control, once the secular leadership is ousted or assassinated. Such was the case in Lebanon leading to the Syrian occupation and in Egypt with the murder of Anwar Sadat, along with the multiple attempts on the lives of Hussein in Jordan, Mubarak of Egypt and Musharraf in Pakistan. Pakistan is a particular prize because of its nuclear weapons.

The long-range strategy of the Third Jihad counts on three strategic goals. First, the U.S. withdrawing from the region just as it did in Southeast Asia, following Vietnam. Second, taking control of the oil wealth in the Muslim countries, which would be upwards to 75% of known reserves; third, using nuclear weapons or other WMDs to annihilate Israel. A further outcome of successfully achieving these objectives would be to place the United Nations as the sole arbiter in East/West negotiations and paralyze western resistance, leading to total withdrawal from all Islamic dominated countries.

We are in the battle of our lives, a battle which will go on for many years possibly even generations. If we fail to understand what we are facing or falter in the challenge of "knowing our enemy" the results will be catastrophic. Imagine a world where al Qaeda regimes control 75% of the world's oil, have at their disposal nuclear weapons, legions of willing suicide soldiers, and our national survival is dependent on the good graces of Kofi Annan and the United Nations.

SOURCE: THE CLASH OF CIVILIZATIONS: The Third Great Jihad My recommendation is to understand that terrorism can take many forms, including currencies. The rapid decline of the U.S. dollar in the last two years should be telling us something which historians have long warned ... "the destiny of a currency determines the destiny of a nation."

Every paper currency without a gold/silver backing in history has ultimately fallen to it's true value ... ZERO!! Could it happen to the precious U.S. dollar? YES!

The U.S. Constitution demands a gold and silver-backed money system. Recently New Hampshire proposed moving to a gold/silver state currency (HB-1342) for that very reason. Other states are now considering the same.
ha ha ha ha

I guess they fear gold as much as they'd fear interest as interest is forbidden in Islam. Exploiting the poor, making the poor poorer, and the rich richer.

Interest is a terrible evil and we can see it's fruits today in western society.

According to twisted Talmudic/rabbinic teachings, it is encouraged to use usury/interest upon non-jews, but recommended not to to use interest amongst Jews as it is a wicked practice.

Ironically the torah says this:

If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor; neither shall ye lay upon him interest. (Exodus, 22:25)[28]

So one would think interest should be outlawed so that no one is harmed and that the flow of wealth is just.


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 20, 2012, 03:33:56 AM
E-Kul and OneTimeHard, what does that OFF TOPIC video have to do with gold?
Or is it just another desperate attempt to inject anti-muslim hatred into a thread?
what??  ???  How in the world are you bring me into this? I didn't post the video  :P  :D


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 20, 2012, 04:34:40 AM
what??  ???  How in the world are you bring me into this? I didn't post the video  :P  :D

I didn't bring you into anything. You brought youself into it when you chose to participate in E-Kul's attempts to troll the thread and veer it OFF-TOPIC.

I asked you before, and I will pose the question again:

E-Kul and OneTimeHard, what does that OFF TOPIC video have to do with gold?
Or is it just another desperate attempt to inject anti-muslim hatred into a thread?


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 20, 2012, 04:36:19 AM
I didn't bring you into anything. You brought youself into it when you chose to participate in E-Kul's attempts to troll the thread and veer it OFF-TOPIC.

I asked you before, and I will pose the question again:

OK control freak, you are against freedom of speech, I get it.


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 20, 2012, 04:47:28 AM
OK control freak, you are against freedom of speech, I get it.

OUCH!!!

Not against freedom of speech, ...just not fond of abuses of freedom


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 20, 2012, 04:50:36 AM
OUCH!!!

Not against freedom of speech, ...just not fond of abuses of freedom
You are blowing things way out of proportion here missy


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 20, 2012, 04:51:36 AM
You are blowing things way out of proportion here missy

don't call me missy


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 20, 2012, 05:00:34 AM
don't call me missy
lol, I know you are but what am I, stop being so childish.


Title: Re: Islamic Gold Dinnar
Post by: 24KT on October 20, 2012, 05:08:35 AM
lol, I know you are but what am I, stop being so childish.

How old are you?


Title: Re: Islamic Gold Dinnar
Post by: avxo on October 20, 2012, 05:35:17 AM
How old are you?

I'm sorry, but isn't this veering the thread off-topic?


Title: Re: Islamic Gold Dinnar
Post by: OTHstrong on October 20, 2012, 05:43:37 AM
I'm sorry, but isn't this veering the thread off-topic?
She is a hypocrite. 


Title: Re: Islamic Gold Dinnar
Post by: Hugo Chavez on October 20, 2012, 04:50:08 PM
LOL, how could anyone try to accuse a_ahmed of being SamsonJag :o


Title: Re: Islamic Gold Dinnar
Post by: pulling weight on October 20, 2012, 09:06:49 PM
This Ahmed fag should fuck off to Iraq


Title: Re: Islamic Gold Dinnar
Post by: a_ahmed on November 11, 2012, 10:14:24 AM
http://www.youtube.com/watch?v=XTfe-1DScxw


Title: Re: Islamic Gold Dinnar
Post by: stingray on November 12, 2012, 03:57:24 AM
http://www.youtube.com/watch?v=XTfe-1DScxw

A few aussie banks now have entered the islamic finance field and have seen the big potential islamic finance can bring to australia.Both westpac and NAB for example have islamic homeloans.

"The National Australia Bank (NAB) is considering introducing Shari抋 loans into Australia, the funds for which will be supplied by its 憂on-profit financial arm. This seems to have occurred shortly after comments by Federal Assistant Treasurer Chris Bowen, who claims that introducing Shari抋 law into Australia will create more jobs"



"WESTPAC is poised to bolster its exposure to the fast-growing Islamic finance market by offering a commodity trading facility intended for overseas investors operating under the principles of Islamic law.
 
Islamic finance prohibits the earning of interest. Instead, there is a focus on profit sharing based on the buying and selling of tangible assets such as property.
 
The move by Westpac, which targets Islamic institutions, coincides with a new emphasis by the Australian government on Islamic financing"