Saturday, May 22, 2010
Gold Versus Euro and US Dollar Imminent Collapse
When ECB promised a package credit rescue of Greece debt of Euro 1 Trillion, something is terribly wrong. Hidden from public views. Can more credits will put the physical economy right ? Can paper money buy real wealth of commodities and goods ? Can we just forgot about US bailout by FED last year amount to USD1.5 trillions ? AIG, Goldman Sach, JP Morgan, Ford and Detroit Motors ?
But real people across the globe will suffer from Europe and US follies of false money ! The Arabs will lose much of their billions stocks, shares and paper bond investments ! Dubai already bankrupt with USD50 billion debts of unsold overprice property booms. Tower of 120 floors in sandy islands and mega airport with only 2 million populations ?
China, India and Russia are buying hundred tonnes of gold ! This are real reserves. What price of gold since the last 5 years ? Almost 300 % increase ! Now it is silver ! But conscieous muslims in Indonesia, Malaysia, South Africa and Europe had minted several milliions worths of gold DINAR and silver DIRHAM since 2000.
Now we can name the champions gold/silver distributors : Public Dinar, Kelantan Dinar, IGD DInar (now defunct), PT Logam Mulia Nusantara Dinar, WITO Dinar..it does matter who minted it but muslims have a choice to pay ZAKAT and TRADE/TRANSACT with a freely choosen currency against the inflated paper monies !
This the CURRENT STRUGGLE that will CHANGE the MUSLIMS FUTURE if their LEADERS OPTED TO GO AGAINTS IMF and WOLRD BANK ! US and EUROPE will devalue their currency sooner or later !