Vi...here's an e*gold that will survive...and with terrible consequences to the West!
OPEN QUOTE (snipits from a David Vaughn think piece using HIS quotes and HIS sources: 11/2/01)
This past summer a seminar was planned by a group of Islamic countries including
representatives from the Islamic banking sector to look into the feasibility of creating an
Islamic World Currency based on gold & silver coinage: the Dinar & Dirham. --The Institute of
Islamic Banking & Insurance
"The Islamic Dinar is a specific weight of gold equivalent to 4.3 grammes. The Islamic
Dirham is a specific weight of silver equivalent to 3.0 grammes." --- The World Islamic Trading
Organization
"The crash of the current financial system is inevitable…The only people who won’t lose
everything are those who have turned their stocks, bonds, savings and other investments into
real and tangible assets like gold and land…The reality is that when trading on the stock
market is suspended and share prices have hit zero history will repeat itself and Muslims will
be left holding worthless bits of paper called share certificates to match the other worthless
bits of paper called money or bank notes." --- Muslim Open Trade Network
"If we do not use US dollars, we do not need to peg ringgit with dollars," --- Finance Minister
Datuk Seri Dr. Mahathir Mohamad
"The Islam Today Working Weekend saw the first public demonstration of the "e-Dinar"
digital currency (an ATM type debit card, but backed by gold), a key new facility which takes
advantage of the most recent advances in Internet based commercial transacting and which
has the potential to greatly accelerate the development of the Dinar and the Dirham into a
world-wide medium of exchange and payment" --- M. O. T. N.
"A network of Wakalas integrated by the e-Dinar will form the operational core of the Islamic
money system and will eventually enable it to function entirely independently of the current
(US) banking system. The Wakala network will operate a worldwide Dinar account and
payment system which is 100% gold backed. The Islamic Wakala of Dubai has been
established as the first clearing house and main gold deposit for the entire network." ---M. O. T.
N.
The Western version to the e-Dinar card is e-gold, GoldGrams, Standard Reserve (a more
traditional debit card & can be used in ATM machines), GoldMoney.com, & MetalSavings
(will pay interest on deposits). All of these electronic payment systems are 100% backed by
gold. "The digital gold community is expanding rapidly…There are now more people than
ever using digital Gold…"
CLOSE QUOTES of David Vaughn from his sources
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MY COMMENTARY:
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Remember when I replied to you earlier, Vi, and made the following point:
Remember...CBanks hold most of the world's gold, so only if and until CB's are the promoters and funders of e*gold/e*silver schemes such as currently are naiscently evolving, will there ever be the liquidity needed for the
perpetuation of this latest financial scheme in my opinion.
Well, well, well....
wouldn't you know...not only does an e*gold system exist,
backed by a "central bank per se"---in Dubai
BUT IT IS OWNED AND OPERATED BY OUR ENEMIES, to the benefit of approx 2 billion Muslims.
GOD HAVE MERCY on the rotten to the core, phoney phractional, pfiat US$ awash in the world.
As I watch the US lead the charge to bankrupt/freeze financing of terrorist organizations on a global level, I can't help but wonder if there aren't plans afoot to disrupt their e*dinar digital gold systems???
So, we have the US$, the EMU, the e*dinar"mu" with us currently, and the Bretton Woods Currency Accord AMU on the come...
So, if we are successful in disrupting "THEIR" electronic e*gold currency communications and transactions, just how safe do you think our naiscently evolving e*gold schemes are...especially those who are passing around their e*gold account number to make 5% off of strangers? I can't believe the stupidity of some Western consumers! |
