HOW POWERFUL IS THE GOLD DINAR? WHY IS IT A THREAT TO THE U.S.?
Let's just compare the value of each, using today's gold prices:
Gold Unit Gold Price in Kuwaiti Dinar (KWD) Gold Price in U.S. Dollar (USD)
ONE Gold Ounce 377.66 1,327.45
YOU'D NEED 3.52 U.S. DOLLARS TO BUY ONE KUWAITI DINAR.
IT WOULD TAKE JUST 377 GOLD DINARS TO BUY THE SAME OUNCE OF GOLD THAT $1327 USD WILL BUY.
GET THE PICTURE?
PAY VERY CLOSE ATTENTION TO THE FOLLOWING, THIS IS WELL-DOCUMENTED, PROVEN, AND YET PROBABLY LESS THAN 2% OF YOU MAY BE AWARE OF THIS:
American reporter Gareth Porter reported in 2008:
Toppling Gaddafi was planned right after 9/11, or perhaps even before.
<<Three weeks after the September 11, 2001, terror attacks, former US defense secretary Donald Rumsfeld established an official military objective of not only removing the Saddam Hussein regime by force but overturning the regime in Iran, as well as in Syria and four other countries in the Middle East, according to a document quoted extensively in then-under secretary of defense for policy Douglas Feith's recently published account of the Iraq war decisions. Feith's account further indicates that this aggressive aim of remaking the map of the Middle East by military force and the threat of force was supported explicitly by the country's top military leaders.
Feith's book, War and Decision , provides excerpts of the paper Rumsfeld sent to President George W Bush on September 30, 2001, calling for the administration to focus not on taking down Osama bin Laden's al-Qaeda network but on the aim of establishing "new regimes" in a series of states...
General Wesley Clark, who commanded the North Atlantic Treaty Organization bombing campaign in the Kosovo war, recalls in his 2003 book Winning Modern Wars being told by a friend in the Pentagon in November 2001 that the list of states that Rumsfeld and deputy secretary of defense Paul Wolfowitz wanted to take down included Iraq, Iran, Syria, Libya, Sudan and Somalia . >>
From August, 2011
<<In 2009, Gaddafi proposed nationalizing Libya's oil reserve. As Reuters reported at the time:
Hundreds of thousands of Libyans gathered on Wednesday to discuss the proposal by their leader Muammar Gaddafi to disband the government and allow the country's oil wealth to flow straight to the people.
"Libyans, this is your historic opportunity to take over your oil wealth, power and full freedom. Why do you want to let the chance slip away from you?"
Nationalization of a country's resources is often a cause for invasion. For example, Guatemala's nationalization of it's fruit processing facilities led to a U.S.-sponsored coup.
(Incidentally, prior to the invasion, Libya had the highest level of well-being, the best economic policies for the quality of life, the lowest infant mortality and the highest life expectancy of any country in Africa, according to the UN's Human Development Index.)>>
Countries currently using the dinar almost exclusively as national currency?
Algeria, Bahrain, Iraq, Jordan, Kuwait, Libya, Macedonia, Serbia, Tunisia.
Other nations who used the gold dinar up until 1994-2007?
Bosnia-Herzegovina, Croatia, Iran, South Yemen, Sudan, Yugoslavia.[SOURCE:Swiss Association for Standardization. ISO. 24 February 2013.]
AMERICA HAS A MINT ISSUING "AMERICAN GOLD DINARS!
"Launch of the American Gold Dinar"
Press Release, Round Rock, Texas, Dec 06, 2011
<<Dinar Wakala LLC, an alternative bartering solution provider based out
Austin,Texas, has launched its newest medallion, the American Gold
DinarTM, completing its portfolio of precious metals based tokens targeted primarily to the sound money enthusiasts in the Muslim
community, as well as to the broader audience of numismatic collectors and bullion investors.>>
GADDAFI WAS PUSHING HARD FOR ALL ISLAMIC NATIONS TO ADOPT THE GOLD DINAR AS CURRENCY.
In the months leading up to the military intervention, Gaddafi called on
African and Muslim nations to join together to create this new currency that would rival the dollar and euro. They would sell oil and other resources around the world only for gold dinars.
It is an idea that would shift the economic balance of the world.
A country’s wealth would depend on how much gold it had and not how many dollars it traded. And Libya has/HAD 144 tons of gold. The UK, for example, has twice as much, but ten times the population.SO, IT WAS GOODBYE TO GADDAFI, ONCE AMERICA'S PAL.
In the November 15, 2002 issue of Executive Intelligence Review. an article,
"Gold Dinar:An Economic and Strategic Response to Chaos"
concern around the world that the Bush Administration is madly
threatening to drive the world into perpetual warfare, while doing
nothing to address the global financial-economic collapse, has led to
the introduction of a number of defensive measures by nations and groups
of nations acting in concert. One such measure is the proposal for
creation of a Gold Dinar, intended as a replacement for the dollar as
the currency of trade among nations. With a war against Iraq looming on
the horizon, and U.S. threats against Saudi Arabia escalating in the
establishment's institutions and publications, it is increasingly
probable that the Gold Dinar policy will be implemented in the near
term, among certain Islamic nations at first, and potentially expanding
to include non-Islamic nations.
Prime Minister Dr. Mahathir bin Mohamad hosted a two-day seminar in
Kuala Lumpur on Oct. 22-23, called "The Gold Dinar in Multilateral
Trade." This was the second major conference in Malaysia on this subject
involving representatives of members of the Organization of Islamic
Conference (OIC). The first conference, "Stable and Just Global Monetary
Systems," held in August, announced that the Gold Dinar would be
implemented as a bilateral arrangement between Malaysia and certain
unspecified partners by the middle of 2003, and extended to multilateral
agreements over time.>>
What's wrong with nations wanting to establish strong currencies against the failing dollar and euro?
Does doing so create a reason for the U.S. to go to war with other nations?
voices were also warning that the Bush folly in Washington would only
hasten this break from the bankrupt IMF system. James Sinclair, the head
of the mining company Tan Range Exploration, said in an Oct. 28, 2002,
editorial in Financial Sense Online:
"It is perceived, and
correctly so, that the Islamic world is controlled via the use of the
U.S. dollar as the main settlement currency.... I am told there is a
significant possibility that when the U.S. attacks Iraq, the united
Islamic salvo back will be at the U.S. dollar via the Gold Dinar." The
Saudis, he says, "are less likely than most observers think to rescue
the dollar this time."
And that is what happened!
In April, 2012, it was reported that the idea of the gold dinar was going viral in Singapore, Brunei and the Philippines.
Look what one dinar can buy in those places!
1 dinar (4.25g of 917 gold) =
1 month apartment rent
WE CAN'T SAY THAT HERE, CAN WE?
WHAT DOES ONE DOLLAR BUY FOR US?
"'The economic thinkers of the West are paralyzed with fear. They have been trained
in their Universities to consider the present system of fiat money —
money with no intrinsic worth — as the only possible system.'"
July 1, 2004
<<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. And this is just the beginning!
By Craig R. Smith, CEO SATC
As the dollar continues to drop, the priced-for-perfection stock market could be impacted dramatically. Unprepared investors could lose BILLIONS!
FROM OIL FOR DOLLARS ... TO ... OIL FOR GOLD!
On Jan 18, 2004, Forbes reported that ... "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."
[ORIGINAL ARTICLE WAS DELETED AT http://www.forbes.com/business/newswire/2004/01/18/rtr1216007.html
BUT I FOUND IT ARCHIVED HERE:
JEDDAH, Saudi Arabia, Jan 18, 2004 (Reuters) - 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.
"The price of oil is $33 [THIS WAS IN 2004!], but the U.S. dollar has declined by 40 percent against the Euro so you're effectively getting $20," Mahathir told an economic conference in Saudi Arabia's Red Sea city of Jeddah. "So you're being short-changed."
Saudi Arabia, the world's biggest oil exporter, has justified higher world oil prices by saying they are necessary to compensate for the slide 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". Sounding a discordant note, Mahathir also warned Saudi Arabia against rushing to join the World Trade Organisation (WTO), saying it was not necessarily a positive move.
Saudi Trade Minister Hashem Yamani said on Saturday his country had narrowed differences with the United States that were holding up accession to the organisation and said he wanted to join "tomorrow".
"Everybody should be careful before joining the WTO because it is not all positive. It can be very negative if you don't handle it properly," Mahathir said. "They try to impose their agenda without regard for some other countries." >>
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 of 'Outstanding Investments':
"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 [left] 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! "
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.
[THE IMF IS A GLOBAL GOVERNMENT ENTITY, NEVER FORGET THAT! THE IMF, THE WTO, AND THE U.N. ARE ALL INTENT ON A ONE-WORLD GOVERNMENT. YOU KNOW THAT, SO DON'T BE FOOLED.]
(Continuing with the article from Smith)
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!
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 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. >>
In an article posted on the Market Oracle, Eric Encina observed:
<<One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned ... Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny.
One major problem for globalist banking cartels is that, in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.>>
WHEN THE SO-CALLED "REBELS" KILLED GADAFI, A BUNCH OF RAG-TAG IF EVER THERE WAS ONE, EVERYONE, FROM THE PRESS TO FINANCIAL ANALYSTS, WAS SHOCKED AT THEIR FIRST MOVE AFTER SUCH A WAR...THEY CREATED A NEW CENTRAL BANK...ONE THAT WAS COMPLIANT WITH OUR OWN BANKERS, WITH WORLD BANKERS.<<The creation of a new central bank, even more so than the new national oil regime, left analysts scratching their heads. “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,” noted Robert Wenzel in an analysis for the Economic Policy Journal. “This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences,” he added. Wenzel also noted that the uprising looked like a “major oil and money play, with the true disaffected rebels being used as puppets and cover” while the transfer of control over money and oil supplies takes place.
Other analysts, even in the mainstream press, were equally shocked. “Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power?” wondered CNBC senior editor John Carney. “It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.”>>
ONE-BY-ONE, ALL MIDDLE EASTERN NATIONS WHO EVER DARED DREAM OF A GOLD CURRENCY, OF FORCING ALL OIL-CONSUMING NATIONS TO PAY FOR THAT OIL IN GOLD, ARE FALLING.
SAME GOES FOR AFRICAN NATIONS.
CAN WE SEE THE REASON NOW?
WHAT IF AMERICANS DEMANDED A RETURN TO THE GOLD-BACKED DOLLAR?
THINK ABOUT THAT!
NOTE: LINK BELOW TO A WEBSITE WITH MORE ARTICLES ABOUT THE GOLD DINAR THAN YOU CAN READ IN MONTHS.
UNFORTUNATELY, IT IS NO LONGER UPDATED.