Tuesday, August 24, 2010

Kelantan Launches Gold Dinar

Subject: Kelantan Launches Gold Dinar (see below)
From: zahid aziz (zaziz@hotmail.com)
Sent: Saturday, August 21, 2010 6:20:52 AM
To: mcoba google (mcoba-mail@googlegroups.com)

Assalamu "alaikum,
On the above subject I would like to share my conversation with a batchmate.

Class of '72, Sulaiman House


Assalamu 'Alaikum,

There is a lot of literature on this. I will forward some to you. Its quite complicated but there's truth behind it once you understand it. Basically it is money backed by gold vs money not backed by gold. Money backed by gold theres some discipline and no room for injustices by nations. USD was once backed by gold; now no longer so. they created a situation where USD is international currency and therefore have permanent demand for it. So US govt pay international debts by simply printing more and more USD. This is bad news and will explode soon.