The valuation of silver dirhams authorized by the World Islamic Mint (WIM) in common currencies such as the USD ($), Euro (€), Malaysian Ringgits (RM)—i.e. the ‘price’ of the WIM silver dirhams as reflected in official rates available on its web sites—is often compared to prices of other silver products sold in the market.
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WHEREAS, the unalienable rights to life, liberty and the pursuit of happiness require for their full enjoyment the indispensable right to honourably acquire, use, hold and transfer property;
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Gold prices have hit 14 new peaks during last two and a half months on the back of surging global prices. The rise of gold beyond $1,784.71 an ounce earlier this week in the international market and past Rs. 50,952.37 per 10 gram in local market prices has generated fresh interest in the yellow metal.
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The rush for gold has assumed enormous proportions lately and in fact is nothing other than a referendum of wallets. More and more people mistrust paper currencies and are placing their assets in gold.
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The history of the USA is awash with figures that stood for justice and freedom. Names such as Benjamin Franklin, Thomas Jefferson, Martin Luther King and Malcolm X can today be joined by one Bernard von NotHaus.
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Ulrich Schlüer, a member of Switzerland’s National Council for the Swiss People’s Party, has submitted an unusual Parliamentary initiative. Based on Article 160 Paragraph 1 of the Swiss Federal Constitution and Article 107 of the Swiss Parliament Act, he has drafted a remarkable proposal according to which the Swiss Constitution should be amended as follows:
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The central bank says the country must consider adopting a gold-backed Zimbabwean dollar warning that the US greenback’s days as the world’s reserve currency are numbered.
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It seems the Utah state House is taking the advice of Texas U.S. Rep. Ron Paul, officially stamping gold and silver as legal tender.
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