Are Muslims about to takeover global finance?

[123everton]

http://ribh.files.wor...2009/02/dinarbook.pdf


http://www.thefinanci...nar-and-Silver-Dirham
I think that's the shorter version.

[woofgang]

He's missing the point that gold and silver have no intrinsic value either.

[keyplus90]

Muslims have money and Jews know how to utilize it. It will stay like that.

[123everton]

I think that the idea is basically sound, if there is a currency collapse then only commodities have value.
In developing countries the people view banks with great suspicion ,and with good reason, check out the crisis economica in Argentina a few years ago.
I predict in a few years time that there will be another huge financial scandal around gold
Many people have joined schemes were they join together and buy gold, but they can't physically get their hands on it (even sole owners have this problem) for all intents and purposes this gold exists entirely on paper.
At least with this system you get to possess the commodity, I think this practice will grow.

[123everton]

The gold standard has replaced every FIAT currency ever created, the thing is gold will always have a value, unlike paper (FIAT) money which is known as a cuurency of faith.
I'm not a fan of the gold standard, but I don't trust the banks and the regulatory commisions.
If you have money to save I'd be tempted to invest in silver, apparently China is buying a lot of silver to back the Yuan Remnibi.

[tamborine]

its just been proved with the old £20 note being refused as legal tender.

[oldexpat]

I bought £2000 pounds worth of 24 carat gold 2 years ago and could now sell it for £2500