Big Oil seizes lithium opportunities
Mining companies could benefit in cash and technology as major fossil fuel companies invest in lithium.
ISIS, ISIL or the Islamic State’s propaganda arm released a new video over the weekend claiming the group is minting gold currency.
Called “The Return Of The Gold Dinar,” the Islamic State describes the new currency of gold coins as a blow against America’s “financial system of enslavement”, “the piece of paper called Dollar” which “was imposed on the rest of the world”.
Released by the Islamic State’s al-Hayat Media Center, the video is narrated in English, likely in an effort to reach western audiences reports Vocative.
The video also attacks capitalism, describing it as “one of the great forms of corruption that the earth came to witness.” If the coin is indeed made of gold, the ISIS mint may be wise to create smaller denominations in future.
5 Comments
Gene Byrge
buy all the gold you can from now until Sept. 15th
George Evans
the US won,t bomb that place…they will insist on capturing it..or at least the gold…
Adam K
Yes you can get change for it (I mean the Gold Dinar), as they also made silver (called Dirham) and copper coins, the value of each coin is linked to the gold one according the the laws of the world’s market. Islamic State is not bluffing on this one! And soon the Russians and Chinese and Indians will follow on it steps, and the USA-Jewry hegemony will go down the drain.
ExPat
Is that why some famous, extremely successful investors refer to gold as a “barbarous relic” – That it is the choice of barbarians?
rayban
Smuggling the coins out of ISIS shall destroy it . Not all can resist temptation , when Gold goes up , the coins leave rackka .