You are here
ISIS aspires to gold but uses U.S. dollar
The main currency of Middle Eastern terrorists comes out of Washington, not out of gold mines.
* * *
ISIS Is Obsessed with Gold Currency
From Cable News Network, New York
Friday, December 4, 2015
The Islamic State is hellbent on world domination -- and a return to real gold coins.
When ISIS took over Iraq's second largest city last year, it stole nearly $450 million from Mosul's central bank. That included unknown, vast quantities of gold bullion, according the International Business Times and several military experts keeping track of ISIS.
ISIS believes the global economy's current system of paper money is a disaster. A video produced by the ISIS propaganda media unit explains this in a five-minute video online called "Dark Rise of Banknotes and the Return of the Gold Dinar."
In the video, they condemn the rise of banknotes like the U.S. dollar, which started as "a mere claim to gold" and are now "a worthless piece of paper." ...
The ISIS fixation with gold is also a recruiting tool. It offers a departure from corrupted, modern Western ways, according to Andreas Krieg, a military scholar who teaches at King's College London in Qatar. ...
The hypocrisy here is that ISIS is accepting U.S. dollars to sell oil and using them to buy equipment, Krieg said.
... For the remainder of the report:
http://money.cnn.com/2015/12/04/news/world/isis-gold/
Free Storage with BullionStar in Singapore Until 2016
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop-shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage is FREE until 2016 and will have the most competitive rates in the industry thereafter.
For more information, please visit Bullion Star here:
Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
