Author Topic: Islamic Gold Dinnar  (Read 10150 times)

a_ahmed

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Islamic Gold Dinnar
« on: October 14, 2012, 08:57:48 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

a_ahmed

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Re: Islamic Gold Dinnar
« Reply #1 on: October 14, 2012, 08:59:31 AM »




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)

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Re: Islamic Gold Dinnar
« Reply #2 on: October 14, 2012, 12:43:04 PM »
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

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Re: Islamic Gold Dinnar
« Reply #3 on: October 14, 2012, 12:51:18 PM »
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



The Gold Dinar and The Future of Money 2/8



The Gold Dinar and The Future of Money 3/8



The Gold Dinar and The Future of Money 4/8



The Gold Dinar and The Future of Money 5/8



The Gold Dinar and The Future of Money 6/8



The Gold Dinar and The Future of Money 7/8



The Gold Dinar and The Future of Money 8/8

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Re: Islamic Gold Dinnar
« Reply #4 on: October 14, 2012, 03:56:33 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!!




The Real Reason for NATO Attacking Libya EXPOSED




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




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




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

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a_ahmed

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Re: Islamic Gold Dinnar
« Reply #5 on: October 14, 2012, 05:53:30 PM »
Bam! lol

OTHstrong

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Re: Islamic Gold Dinnar
« Reply #6 on: October 15, 2012, 05:02:13 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 stupîd idea. lol.

avxo

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Re: Islamic Gold Dinnar
« Reply #7 on: October 15, 2012, 06:07:23 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 stupîd 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!


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Re: Islamic Gold Dinnar
« Reply #8 on: October 15, 2012, 08:37:49 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

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Re: Islamic Gold Dinnar
« Reply #9 on: October 15, 2012, 10:50:46 PM »
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Re: Islamic Gold Dinnar
« Reply #10 on: October 17, 2012, 10:24:45 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
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Re: Islamic Gold Dinnar
« Reply #11 on: October 17, 2012, 11:14:37 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 stupîd 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 karatbar 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 karatbar 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!!!



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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avxo

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Re: Islamic Gold Dinnar
« Reply #12 on: October 17, 2012, 08:43:36 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 Karatbar.


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 karatbar 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 Karatbar 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 karatbar 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. ::)

OTHstrong

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Re: Islamic Gold Dinnar
« Reply #13 on: October 18, 2012, 12:06:16 AM »
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

Radical Plato

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Re: Islamic Gold Dinnar
« Reply #14 on: October 18, 2012, 01:57:39 AM »
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Re: Islamic Gold Dinnar
« Reply #15 on: October 18, 2012, 02:11:31 AM »

24KT

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Re: Islamic Gold Dinnar
« Reply #16 on: October 19, 2012, 01:15:13 PM »
Just like it would be to have to "validate" a Karatbar.

Actually no.
Distinguishing between a real karatbar 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 karatbar 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 Karatbar 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. ::)

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Re: Islamic Gold Dinnar
« Reply #17 on: October 19, 2012, 01:19:17 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?
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Re: Islamic Gold Dinnar
« Reply #18 on: October 19, 2012, 02:57:02 PM »
Actually no.
Distinguishing between a real karatbar 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 karatbar 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 karatbar 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 Karatbar 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?

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Re: Islamic Gold Dinnar
« Reply #19 on: October 19, 2012, 03:58:34 PM »
avxo always bringing useless thousands of quotation replies to every thread. ::)

avxo

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Re: Islamic Gold Dinnar
« Reply #20 on: October 19, 2012, 04:03:49 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

a_ahmed

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Re: Islamic Gold Dinnar
« Reply #21 on: October 19, 2012, 04:06:25 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

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Re: Islamic Gold Dinnar
« Reply #22 on: October 19, 2012, 04:17:12 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.
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Re: Islamic Gold Dinnar
« Reply #23 on: October 19, 2012, 04:23:59 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...

a_ahmed

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Re: Islamic Gold Dinnar
« Reply #24 on: October 19, 2012, 04:25:06 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