Europe's present single fiat currency – the euro – came into being on the 1st of January 1999. But it remained a "virtual"currency – mainly used by banks and the financial markets – for three years thereafter. For most people, it did not become a "real" currency, visible and tangible, until 1 January 2002.
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April 2013 saw the launch of the first legitimate Wadi'ah service for over one hundred years in Kuala Lumpur, Malaysia, called "Wadi'ah Nusantara". The term 'wadi'ah' quite simply means safekeeping. But it is much more than just that.
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How bankers went after Bernard von NotHaus, took his silver and gold from his warehouse, imprisoned him, and used their control of the legal system to have U.S. Attorney Anne M. Tompkins, in her own words, say that NotHaus "attempts to undermine the legitimate currency (USD) of the United States of America" and is an "act of domestic terrorism."
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Money in your bank is NOT safe. It appears incredibly difficult for people to understand this truth. In people's mind, safety and banks go hand in hand, just like yin and yang or day and night.
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According to the source www.beforeitsnews.com, China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system.
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I believe that the current financial system is about to collapse. What is happening in Europe, what is happening in the US, the fiscal cliff, quantitative easing, all of these things I follow economics very closely and I'm very conversant with debts, interest rates, the IMF, the World Bank, what they do, how they approve loans what are their criteria.
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Almonaster La Real is a small municipality of Huelva's province, in the south of Spain. Situated between the Sierra of Aracena and the mountains of the Andevalo, twenty kilometers from the town of Aracena and hundred from Portugal, it is a beautiful enclave.
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The Dinarshops Network is the official World Islamic Mint online directory that compiles the thousands of businesses around the world that accept Gold Dinars and Silver Dirhams as a means of payment.
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Things are all go in Germany's financial capital. For a few autumnal weeks Frankfurt was host to lectures, exhibitions, and even a specially presented theatre programme. After the Occupy movement and the strife which the banking quarter had to put up with recently, things were far more cultured this time in the hallowed halls of the cultural metropolis.
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It would be too much to say that the government of Germany, is taking steps toward the gold standard. After all, no committee beckons in the Bundestag. The government is entangled with Spain and Greece and the scrip known as the Euro.
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Asadullah Yate, one of the sharia board members of WIM, met last week in Cairo with Hazem al-Laythi, the head of the Dirham and Dinar Wakala of Egypt. Mr Hazem, who has his own petro-chemical consultancy, has a long-standing experience of the silver market, trading in it for many years. Prior to this he had business experience in what he calls the “casino-capitalism” of the Nasdec Stock Exchange. This experience shaped his move to the bi-metal currency.
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The World Islamic Mint is pleased to announce the introduction of the
new 1433H series of coins for the Dinar & Dirham issued by the
Kelantan State Government.
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Banks in Turkey are keen to get their hands on some of the vast quantities of gold in private Turkish ownership. It is said that more than 5,000 tonnes of gold is kept in Turkish homes in the form of jewellery, coins and ingots.
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Alman dergisi GEO Epoche, son sayılarından birinde Vikingler üzerine uzun bir makale yayımladı. Şöyle yazıyordu: “100 milyondan fazla Arap sikkesi, Vikingler tarafından kuzeye götürüldü ve sadece İsveç’te, bunların 80.000’den fazlası bulundu”.
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In Europe too, the debate about official gold currencies is coming more and more to the fore. The Swiss already have a popular gold bullion coin: the Vreneli. Up to now this coin has been more a souvenir than a currency but now the economy committee of the Swiss Parliament is also considering a bill to formally introduce a parallel currency in gold.
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