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Now ISIS Wants To Introduce Its Own Currency: Plans To Bring Back Solid Gold And Silver Dinar Coins Announced In Iraqi Mosques !


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Here's Why The New ISIS Currency Is Doomed ....... Besides The Fact That It's An Iraqi Currency .......

 

 :D     :D     :D

 

 

 

Why the new ISIS currency is doomed
By Jesse Solomon @JesseSolomonCNN November 14, 2014: 2:34 PM ET

NEW YORK (CNNMoney)
If history is any guide, the new ISIS plot to create its own currency is destined to fail.

That's according to gold and currency expert Axel Merk of Merk Investments in San Francisco.

ISIS unveiled its plan for gold, silver and copper coins on Thursday in an effort to distance themselves from the West. The currency's value will be based on the actual worth of the metals.

Merk says the plan to use the metal currency could work in theory, but it won't last long.

"They realize the international banking system is not very open to them," he said. "If they use paper currency, they'll have rampant inflation."

Pegging their currency to the dollar as many smaller countries do is obviously not an option for ISIS. They stated that the point of the new currency is to remove Muslims from the "global economic system that is based on satanic usury."

The golden flaw: The challenge, Merk claims, will be getting citizens to accept the monetary system and keep it going. He said it's likely that people in ISIS-controlled territory will chip away at the coins in an effort to extract the worth of the metals. They're also likely to hoard them.

Eventually, ISIS will run out of gold to finance its activities and will be forced to lower the metal contents in the coins, which would render them useless. 

That's been the case throughout history with ancient coin systems, Merk claimed.

"They're going to have to cheat and print money like every central bank does," he quipped.

On the other hand, ISIS rules by violence, and citizens might be scared not to accept whatever form of money ISIS puts out.

"They chop people's heads of if you don't accept...it's the currency of the land," he said.

ISIS is bad publicity for businesses
Economic woes: ISIS may also face problems maintaining its currency going forward as the U.S. led airstrikes intensify. While the group is flush with cash from oil sales, ransoms, and taxes, there are indications that the U.S. led airstrikes are taking a toll by limiting its ability to operate. Additionally, countries in the Middle East are working towards a plan to cut off ISIS from raising funds from wealthy sympathizers in the region.

"A vibrant currency requires a vibrant economy. You don't get one without the other." said Merk.

http://money.cnn.com/2014/11/14/investing/isis-currency-doomed/

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Perhaps A Little Competition May Light A Fire Underneath The CBI !                

I dunno Uncirculd...It wouldn't make sense for Maliki to have been funding them since ISIS has been busting up the country, stealing the resources, threatening Baghdad, Maliki being friendly with Syri

I have no idea where my post went.... but here are the officially announced exchange rates:      

Wow, just at first glance I had a really odd sense of eerie.  The gold coin that is in the original post (1st post) has a picture of a mosque on it.  But, it had my brain racing how much it looks like capitol hill.  Then got to thinking how well funded ISIS and how much money has disappeared from the treasury in the US.  Just saying.  It sure gave me an eerie feeling.  Coincidence?  2 of them?  Mosque/Capitol Hill, well funded isis and missing treasury funds.  Just too weird.  

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I suspect that this is a move by ISIS and who ever is pulling their strings, to try and cause confusion in an attempt to delay or outright stop the RV.

 

Not that everything in the world is related to the dinar and an RV.... however, if a relationship exists between these two, I would think if anything it would trigger an "RV".... if part of your plan is to wage economic war you would want to come into the fight with as much as you can... And/or if Daesh currency comes in very high, it seems competing countries would want to at least keep pace so as not to let that 'state" get too far out there ahead...There are all kinds of reasons I would think it would be the opposite of stopping an RV relative to Daesh currency..... ,  

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think of it like this guys what if ISIS got wind that their is to be a change with the iraqi dinar and is now issuing out their own currency to combat the CBI?

Or To Try And Rake In As Many Dinar Notes As Possible Before The Value Rose ! ;)

:D:D:D

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Foreign money experts are wondering: Who will recognize the golden dinar Daash?


Mon Nov 17 2014 02:54 | (Voice of Iraq) - Translation term was organizing "Daash" reviews the Brighth, and constitutes courts and ministries, and issue passports and even license plates, but the leaders of this group, which took over parts of Syria and Iraq, began planning for the issuance of a special coin Bha.vfa announcement last Thursday praised the organization (Daash) freedom from "the global economic system satanic based on usury," and said he would begin a coin of gold, silver and copper CREATION in the tradition similar to the days of the successors of the seventh century. According to the announcement that the pieces cash will have the weight of a unified and value and are used in areas controlled by the organization. did the ad say when will be trading the currency and how minting, but the question remains; Is the group actually will be able to sic a viable currency? historians coins and experts describe this announcement as a mere propaganda intended legitimize this group, and they say that the business practiced by this group can spend on this currency, especially the stigma suffered. They added that the use of the currency is determined in the basic purposes and in the purchase and sale of other goods. He asked David Phillips, a former adviser to the United Nations and the State Department, and currently works in the Institute for the Study of Human Rights at Columbia University, said, "a central bank would accept the coin Daash? It's like the blood diamonds , there is not a solid financial institution with the credibility to accept this currency ".bad wondering how to organize Daash to earn enough gold and silver to produce coins are traded widely, even with profits earned from oil smuggling and taking the ransom for the hostages and robbery, as he says others that the minting of such coins in the inflamed areas of the war could be facing a lot of Almchakl.obiv others that puzzling matter most is that Daash claims that this currency will not be affected by fluctuations in the dollar and other currencies prevailing in the world, and often moving the value of gold in the opposite direction to the dollar , which recently rose. He says Steve Hank, currency expert at Johns Hopkins University, "Of course this is nonsense does not make sense, power is purchasing gold determined by the global market is not unrelated Bdaash." Some economists say, may aspire Daash to use gold for money as he sees it a new scene of a possible smuggling and theft, including that the organization sees load interest forbidden according to Islamic law it is gold adopted, as an investment devoid of interest. This can be a perfect way for Muslims militants of doing business and the accumulation of wealth, even with the rise or decline in the currency, the people and since foot treasure of gold due to retaining its value globally as a safe alternative for the currency paper, especially in times of turmoil, as the major central banks in the world maintains a very large stockpiles of gold. In the history of money, before the coins made ​​of gold and other precious - metals, which began trading limits 500 BC - with paper currency produced then deliberated nearly 1,300 years. He says James Rickards, a lawyer, economic, and author of the book (the death of the money), "There is no place in the world does not accept private gold since the financial crisis of 2008". He adds that groups such as Daash far from traditional banking methods known using digital currency other confidential means to transfer money across borders, have the other method is gold. He says, "I always talk about gold as part of the core of the threat, it is not surprising that we see it." He continues, Steve Hank said the most important factor in currency Daash is symbolism "They produce currency, it is known that the currency produced by the states, therefore, this suggests the appearance of the manifestations of the state." For its part, the British newspaper The Guardian reported that the organization Daash has made ​​his fortune by means of modern finance, but today seeks to minting its own currency. According to reports she idea of Abu Bakr al-Baghdadi, the mastermind of the organization, "Daash" who personally oversees the coin design Islamic dinar, which intends to use in the alleged successor as soon as the group be able to find a place mint and enough of the precious metals. He claims the organization that the currency will liberate Muslims from the financial system, which "enslaved and the poorest," except that this currency will not be fully consistent with the prevailing economy, has acknowledged that the value of each coin will reflect the metal value in the commodities market. With no world recognition succession Daash, you will not be there the value of its currency outside the areas controlled by in eastern Syria and western and central Iraq, and who dare to trade with the group will be exposed to the risk of money laundering and terrorism charges. So far, the purchases of oil from fields controlled by Daash be implemented using the euro and the dollar and the Iraqi dinar, there is no possibility stop these deals, and I have paper currency earned by Daash in transforming the organization of the group dispersed to the richest terrorist organization in the world. helped an: The New York Times and The Guardian

 

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19-11-2014 11:48 AM

 

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The announcement by the organization Daash on his quest for the issuance of its own sensation currency highlighted the efforts of the jihadists tireless efforts to practice economic activities on a large scale. 
questioned international reports in the chances of success of the organization Daash, the most powerful militant groups in Syria and Iraq, in the expansion of economic activities within their moves to gain legitimacy by owning the ingredients enjoyed by states. The press reports had said last week that Daash want to restore the historic Dinar, who was traded in the Islamic civilization, has been announced by the elders in the mosques in the city of Mosul. It seems that the Dinar Daash proposal is made ​​of a mixture of Minerals, which is the first step for the issuance of coins of gold and sterling silver, used for the first time days succession Othman bin Affan. He says economic analyst Justin Drennan in an article published in "Foreign Policy" magazine US The new currency success requires several factors must first be available, before they are issued. He added that there is a need for people to be convinced that this currency is a means stable transactions, "which means that both of the society in which they decided to use this currency and the body that proceeded to issuance Mstaqran." He pointed out that in order for there to be a desire to get that currency to meet some goods and services, "should convince people that they can also be easily exchanged when they wish to do so." The United Nations recommends the confiscation of oil Daash New York - recommended the report of the United Nations to confiscate all oil tankers heading to and from the controlled organization Daash in Iraq and Syria, the areas with the aim of drying up sources financing jihadist organization from the sale of oil. He suggested the report prepared by the United Nations team in charge of the application of the sanctions imposed on the Islamic extremist organizations, preventing flights to and from controlled Daash areas in order to prevent the organization from obtaining goods or weapons. will discuss the members of the UN Security Council This report today in the framework of the decision is also aimed at drying up financing "Front victory" sources, the Syrian branch of al-Qaeda. The meeting, which was held under the chairmanship of Foreign Minister of the Australian Julie Bishop aims to look into ways to strengthen the international community's efforts to counter the jihadist threat in Syria and Iraq. The UN Security Council issued in August, a decision aimed at drying financing jihadist groups in Syria and Iraq, sources and prevent foreign jihadis from joining them, threatening to impose sanctions on every state that does not abide by this decision and buy oil producer in under the control of Islamic extremists areas. Oil and generates organize Daash, according to the report, up to $ 1.65 million per day, and through the jihadist organization's dependence on a fleet of affiliated brokers tanks in charge of product oil smuggling in the control of the organization and sell it on the black market areas.The report did not mention the routes of these tanks in smuggled oil, but reminds Turkey as a transit country mainly for those exports before returning tanks back to Iraq and Syria, loaded this time oil derivatives duplicate. Although the organization was able in the last period to put his hand on the huge amounts of money, but the geographical boundaries controlled by, still vague. He did not give the organization even Now the place minting new currency will be in it, which reflects his part package of problems that come in the forefront of building confidence about the currency issued by the terrorist group suffering under aerial bombing campaign of violent, as well as involvement in several battles more virulent on the ground in Syria and Iraq. He Drennan that ordinary people are aware that the international community will not allow that to be the organization of financial transactions on an international scale, which will have a deep impact on the decline. It seems that the problems facing the fledgling currency does not just stop at this point. Experts say that in order to economists recognize something that money it would require to be a means of exchange and the unity of account and store of value. Experts point out that the currency Daash could be a store of value, because the militant group tried to derive their value from the price of the metal (silver or gold) used in the minting, which is a positive aspect could suddenly disappear if he decides the economic wing of the organization Banknotes version. But almost daily border change, as well as the lack of portability in the West to enter into a business relationship with the organization, it would not allow that comes out of the use of currency for control areas, which will make up the next-money laundering from there difficult. Some experts say that people, in areas under the control Daash, will not be able to parallel the value of the dinar account (Aldaasha) and the extent of its purchasing power, and whether it is equal to any of traded goods. Drennan says the currency Daash will not be able at any time "access to the stability and efficiency that you need any currency or any other form of money, which enjoys the confidence of the people."He adds, "If you have already been released, this will be the currency cause in the demolition of the legitimacy of the state sought by the organization, rather than be its starting base. " Justin Drennan: currency Daash may become a reason for the demolition of legitimacy rather than strengthened and confirmed that the value of gold as a metal that can be useful in estimating the Aldaashah value of the currency, but people are becoming less sensitivity to the value of the precious metals and more dependent on the money. According to a statement issued by the organization Daash in the last week, the currency version aims to stay away from 'unjust financial system' in the words of the statement. He said he will issue a statement later to explain the value of the currency exchange, and where it can be provided. The organization said that the currency 'dedicated to the face of God' will help Muslims to be free of the 'global financial system based on usury satanic.' controlled organization Daash vast areas of Iraq and Syria, and seeks to establish a state of the Islamic caliphate in the region. quoted CNN channel to former Assistant US Treasury Secretary Jimmy Gorel saying that Daash 'unlike al-Qaeda, who was receiving funding from abroad, has a self-financing basis.' He added The funding comes from oil, and the amount of the ransom and taxes stolen antiques. He said 'It's the richest terrorist organization the world has ever known, and this kind of money is difficult to understand its potential, and what you can do this.' He pointed out that 'the difficulty, of course, in this kind of money , that you can not just put money in the shoe box or under your bed, it has to intervene in the financial system in a given moment, and I think that the Treasury Department to focus on banks in Qatar, for example, which can receive Daash funds and dealing with.

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"Daash" begins with the destruction of the economy Anbari currencies and pull through "Danarh" placebo

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Anbar - Iraq Press - 6 December / December: Witnesses in Anbar province, said on Saturday that the so-called militants organized Daash demanded that the people of western Anbar wet prepare to replace the current currency.

 

 

Witnesses and continued that "elements Daash told them to prepare for the replacement of currency Aldaashah currency issued by what they call (Office of Finance Muslims)," as they called them.

 

 

 It is said that the organization Daash, SEC decided its own currency called the name (JD Islamic state), as part of its plans to withdraw foreign currency as well as the local currency of the sons-controlled areas and work to undermine the entire economy under the pretext of a return to the old currency in Ages early Islamic, experts believe that the organization will pull accordingly millions of dollars for free in return for a non-starter with coin bank and is recognized internationally and regionally, regionally and not possess cover legally have increased the doubts about the involvement of Daash regional plan to destroy the areas controlled by the economic plan thought to account states Despite the apparent hostility nearby which both parties trying to delude the public opinion do. 

 

 

A photograph published by websites belonging to Daash new currency design, and that the first face of which contains the image of the Holy Mosque and the second phrase (no God but Allah and Muhammad is the messenger of God) in the middle.Admiral ended 

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Quote From Article:

"The funding comes from oil, and the amount of the ransom and taxes stolen antiques."

 
What a silly lie... Their funding is coming from Saudi, Qatar, Kuwait, USUK, Israel and Co.
 
Heck... their currency may be "internationally recognized" before the Iraqi dinar will be. <sarcasm>
 
Turkey is already dealing with ISIS in Syria and Iraq as "legitimate trading partners" in commodities and oil.
Edited by Maggie123
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A few things.  Who gave them the gold or who did they steal it from?  I know CBI gold went missing under maliki's watch.  SO, did he fund them and part of it?   It just stinks to low hell.   CBI won't really worry about this.  IMHO.  Once the ground troops bust them and the world banks start confiscating them, all that pretty gold will be melted down, and who knows.  The way things are going, even gold and silver could be worthless soon.  JMHO and what do I know.  I just know it is written that they threw their gold and silver in the streets because it was worthless.    Ezekiel 7:19

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I dunno Uncirculd...It wouldn't make sense for Maliki to have been funding them since ISIS has been busting up the country, stealing the resources, threatening Baghdad, Maliki being friendly with Syria...and...they were the supposed cause of Maliki getting sacked by the US guberment.

 

US to Iraq:

"We won't help until there is a "unified" Iraqi guberment. (meaning: oust the Maliki...we want control.)

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CNN. Broadcasting Coins With Two Tails After They Were Beheaded By ISIS !

1415651534880_wps_23_isis_money_jpg.jpg

Mr Cohen said ISIS, which is led by Iraqi Abu Bakr al-Baghdadi,obtains the vast majority of its revenues through local criminal and terrorist activities. (Mr. Cohen is lying)

http://www.dailymail.co.uk/news/article-2829097/Now-ISIS-wants-introduce-currency-Plans-bring-solid-gold-silver-dinar-coins-announced-Iraqi-mosques.html

 

 

Wow, just at first glance I had a really odd sense of eerie.  The gold coin that is in the original post (1st post) has a picture of a mosque on it.  But, it had my brain racing how much it looks like capitol hill.  Then got to thinking how well funded ISIS and how much money has disappeared from the treasury in the US.  Just saying.  It sure gave me an eerie feeling.  Coincidence?  2 of them?  Mosque/Capitol Hill, well funded isis and missing treasury funds.  Just too weird.

 

Hey Unciculd... I meant to comment earlier...I agree... the design does give one an "odd sense of eerie".

 

Good Observation!

Edited by Maggie123
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"Daash" The people of Zab and Hawija, Riyadh and Al-Abbas calls to donate gold and silver for the issuance of currency

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Kirkuk - Iraq Press - 8 December / December: According to local sources and witnesses areas south and west of Kirkuk on Monday, that the elements (Daash) demanded that the people of Hawija spend aspects of Zab, Riyadh and Abbasi and Rashad and the forum and its villages and they control since the tenth of the month of June last donation, including holdings in gold and silver for the organization to contribute to the support of the so-called new currency planned regulation issued.

 

She said local sources and witnesses, said that "the elements of the so-called organized Daash calling people to donate gold and silver and have the money to support the organization in the issuance of the alleged currency during their visits to the cities, villages and roaming markets and shops, checkpoints and schools."

 

The sources said that "the deployment of elements of the organization to contact Balugea mission groups, clergy and Earners and peasants and farmers in order to put pressure on people to donate."

 

The sources confirmed that "the southern and western areas of Kirkuk, did not respond exception of a few class because of fear along with frustration as a result of labor, trade and destruction of livelihoods and movement with other cities stopped. 

 

The elements Daash and its leaders have declared the middle of last month for the issuance of a new currency made from gold, silver and copper. Admiral ended 

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Daash-ISIS........And any other extremest groups will probably never go away, however they are fixin to get a good old fashin A.. Whoopin !  As we say down south. Their numbers are going to be decreasing very shortly ! The Brits are establishing a base over in the region, we are re-establishing many more bases and as far as Iraq goes, they will succeed.  Now sit back and enjoy the fireworks !

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Daash, the Islamic State Cowards, jumped to establishing their own currency before being backed by any type of support (ie. gold, silver, oil), so now they are extorting the people to give them backing.  Their request is simple and consistent with their other demands: give us what we want or you die!  Now what could be more reasonable?  

"Daash" is an organization of thugs, murders, thieves, rapists, and mercenary trash blinded by false idealistic propaganda from clerics looking for a return to ancient caravan raiding and ruling by force.  Killing is their method of control.  Those who "join" their "cause" will be used by them and then eliminated. They are not heroic, revolutionaries fighting for a just cause, but simple criminals filled with a hunger for money and power.  

Mark it down, those who will not agree to support them with gold and silver will be killed.  

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wow  nelg ,  how  do ya really feel  ?     :wacko:     but  really  ,,,  I do think you are  spot on  -----  these  clowns { not associated  we our   clown-ster  }   are  getting  beat  at  a lot of corners , they are making  more enemies than  friendly's ,  ... and with that  they are spending  more and more  on arms  and  fighters  only too be losing   more  and more .......   2015    should  also  be  a telling  year  as  how   dash  disappeared off the maps  { I m o  }    

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    Currency "state regulation" common concerns in Kirkuk   

Thursday, 18/02/1436 e - m, corresponding to 12/11/2014 (updated) 14:13 pm (Mecca), 11:13 (GMT)    

Alaa Hassan-Baghdad

Many of the people in the province of villages showed Kirkuk in northern Iraq under for the organization of the Islamic state , concern over the loss of their savings and their wives jewelry demand after the organization of the population to donate gold and silver to support a new currency intends to enact be a substitute for the official currency in circulation.
 
The state regulation issued after control of the Nineveh province and its city of Mosul,  a statement saying: "Islamic state decided minted coin gold per dinar category and holds seven ears logo to signify the pond spending for the sake of God, minting coin of copper class ten money and carry Crescent logo to denote Muslims at prayer, minting coin ten dirhams of silver category, carrying Al-Aqsa Mosque logo to signify the ascension of the Prophet Muhammad, peace be upon him. "
 
 

Waiting for donations

and varied population Hawija spend aspects of Zab, Riyadh and Abbasi and Rashad and villages affiliate to request a donation to the organization of its currency in response.

Said Salim al-Jubouri, a resident of Kirkuk, said that "the wealthy from the vast land owners, and the owners of the shops and dealers in the automotive market, known in Hawija aspects of him, and the organization waits for donations to support the new currency."

He predicted Jubouri asylum state regulation to the use of force to compel them to comply with his demand, as expected Radwkhhm to the demands of the organization, "the sake of their lives," he said, adding that the population déjà anxiety and fears of losing their savings in spite of the promises of the organization that will give them the equivalent of their donations of new own currency, "gold and silver" .

It is known that the rural population and the Iraqi villages accustomed to keep their money in their homes, and buy gold jewelry for their wives and daughters.

Jubouri said that the people of Hawija no different from others in refusing to deal with government banks to deposit their money, preferring to turn them into jewelry.

The appearance of a sovereign

Shaker said Saleh, who deals in auto markets, one of the residents of Hawija currently residing in Kirkuk province, the wealthy Hawija left to the province of Kirkuk, having deposited their money with the people of knowledge.

He stressed that out of the city a huge money offered to confiscation, "and has already received more than one case of this kind."

Saleh pointed to the island that donations now be on a voluntary basis "roaming through the markets and tell shops interested owners, and in some checkpoints stationed masked gunmen, know the minutest details about the population of Hawija and villages and its environs," he said, adding that the fear felt by many, and they took are looking for ways different to keep their money.

Sees economist Ihsan al-Amiri that the purpose of state regulation of a new currency issuance is "confirm his presence in the areas under his control," pointing out that people do not trust in any currency informal, and expected to be traded currency regulation "limited, no value to them in other areas ".

He said, "Such practices will provoke resentment and will contribute to the creation of armed groups fighting organization, the Iraqi tribal Valchksah rejects prejudice to its property."

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