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Topic: Gold dinar

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In the News (Sun 3 Jun 12)

EXECUTIVE POWER

Iran

ANALYSIS

Pakistan

Family compact

	Gold (Site not responding. Last check: 2007-10-18)
		Gold is used in restorative dentistry especially in tooth restorations such as crowns and bridges.
		Gold is widely distributed in the earth's crust at a background level of 0.03 g/1000 kg (0.03 ppm).
		Gold ore Gold is extracted from alluvium ores by techniques of placer mining and from hard rock ores using extractive metallurgy.
	gold.ask.dyndns.dk (2598 words)

	The Global Impact of the Gold Dinar (Site not responding. Last check: 2007-10-18)
		The stated objectives of the conference are clear and include discussions on the role of gold in international trade, gold-based financing mechanisms and the use of gold in international trade settlements.
		Some observers may claim that the driving force behind the re-introduction of the gold dinar is religiously motivated, while others will argue that it is stimulated more by an absence of any viable alternative.
		In a world of limited tangible supply of gold, consider the effects on the gold and broader financial markets as these nations start to unload their US dollar reserves to implement such a monetary system.
	www.rense.com /general42/gob.htm (879 words)

	MONEY FILE$: WAR ON TERROR MAY BE THE COVER FOR A GOLD WAR
		Eventually, the gold dinar would be used to settle trade on a multilateral basis, involving more than two countries at any one time, he was quoted as saying by Bernama news agency.
		The gold dinar is seen as a way to further reduce dependence on the Western finance-treasury complex after the ringgit was pegged at 3.8 to the dollar in September 1998 and the government tried to force hedge funds to be more transparent.
		For example, if one gold dinar is equivalent to one ounce of gold, and the price of one ounce of gold is today at US$290, then the value of one gold dinar will be US$290 or equivalent in other currencies, on the basis of the prevailing exchange rates.
	www.moneyfiles.org /goldwar.html (3859 words)

	MONEY FILE$ - GOLD DINAR AND GOLD WAR
		Gold and silver had value because they satisfied the needs of man. Contrary to what happened to other useful merchandise, they were easy to fraction, could be transported at low cost and kept safe with relative ease.
		Gold cannot be inflated by printing more of it; it cannot be devalued by government decree, and unlike paper currency it is an asset which does not depend upon anybody's promise to pay.
		Dinars and dirhams have already been minted under the supervision and standards of the World Islamic Trading Organisation and are in circulation in Spain, Germany and South Africa, soon to be followed by Switzerland, England and other Muslim countries.
	www.moneyfiles.org /gold10.html (8875 words)

	ipedia.com: Gold standard Article (Site not responding. Last check: 2007-10-18)
		The gold standard may also be viewed as a monetary system in which changes in the gold price are accepted as the sole measure of inflation/deflation and where monetary policy operates to vigourously oppose either.
		In the United Kingdom the pound was returned to the gold standard in 1925, by the somewhat reluctant Chancellor of the Exchequer Winston Churchill, on the advice of conservative economists at the time.
		Hence, notes circulating in any "partial" gold standard will either be redeemed for their face value of gold (which would be higher than its actual value) - this constitutes a bank "run"; or the market value of such notes will be viewed as less than a gold coin representing the same amount.
	www.ipedia.com /gold_standard.html (4678 words)

	Gold Dinar vs US Dollar
		The emergence of the gold Dinar is a dark omen for the current way in which the US is (and has been) maintaining its predominance in the world fianncial system.
		The gold Dinar 'monetary Jihad' would not be so dangerous had the US government not been so foolish as to surrepticiously agree with certain powerful bullion banks to squash the dollar-price of gold whenever it looked like it was going to go up.
		The official gold is (largely) gone, silver stockpiles are completely gone, the US government is hocked up to the hilt, the stock market is tanking, and the economy is lackluster due to corporate scandals and war fears.
	www.gold-investor.com /article.php/20040327173809628 (2381 words)

	Gold Dinar
		One such measure is the proposal for creation of a Gold Dinar, intended as a replacement for the dollar as the currency of trade among nations.
		The weakness of the system as it is now proposed is that gold, too, is subject to speculation, especially if it is pegged to a currency such as the dollar, which is heading for a plunge due to the collapse of the U.S. banking system.
		Dr. Mahathir emphasized that the Gold Dinar policy is being driven by the crushing reality of the economic and strategic crisis.
	www.geocities.com /larouchesociety/gold_dinar.htm (1981 words)

	Reviving the Muslim 'Gold dinar' (Site not responding. Last check: 2007-10-18)
		Can Malaysia succeed in convincing the Islamic countries to revive their 'gold dinar' as a common currency, as this is 'necessary' to get rid of the influence of the west in trade and business dealings, and other economic issues.
		About the implementation of gold dinar in bilateral payment arrangements and multilateral arrangements, it was understood that it's always wise to implement a new system or make changes gradually, so as not to rock the present set-up drastically because abrupt changes bring more harm than good.
		In his paper on, "gold dinar in multilateral trades" presented during the inauguration of the IFSB, he stipulated that the central banks of the participating countries would play pivotal roles in the implementation of gold dinar in the bilateral and multilateral trade settlement system.
	www.freerepublic.com /focus/f-news/846780/posts (1722 words)

	Gold Dinar
		The issue of the dinar relates to the prohibition of Riba, the chronic economic paralysis of Muslim countries, to the destruction of the Khalifate, the unity of the Ummah under one currency and what is most important the restoration of the fundamental pillar of zakat.
		The enemies of the Islamic Dinar are the enemies of the Sunnah of Rasul, salallahu alaihy wa salaam.
		Equally the gold and silver could be made available in different parts of the world although only the balance between the different agencies needs to be physically transported A future use of cash cards would allow you to retrieve gold and silver from your own account in any shop of the network.
	homepages.tscnet.com /omard1/dinar.htm (4672 words)

	United Press International - Business & Economics - Feature: Gold dinar could soon be reality (Site not responding. Last check: 2007-10-18)
		The Malaysian proposal is not to revive the gold dinar as a currency to settle day-to-day payments, but to revive it as a means to settle bilateral payment arrangements exclusively.
		Some have raised concerns that the use of the gold dinar could contravene an existing prohibition by the International Monetary Fund on the use of gold as a medium of payment and could be a return to the Bretton Woods policy of a gold-reserve system.
		But gold experts argued that this is not the case, because the gold dinar will not be a national currency backed by gold.
	www.upi.com /view.cfm?StoryID=20021115-051010-4184r (1163 words)

	Islamic Gold Dinar - Gold & Silver Forum
		According to this article, the Islamic Gold Dinar was released in early August of this year.
		On 321Gold's Gold Dinar page, the last article listed related to the dinar was on August 1st of this year.
		I thought the gold dinar was going to be nothing more than a digital currency backed by gold.
	www.goldismoney.info /forums/showthread.php?t=4804 (626 words)

	The Gold Dinar (Site not responding. Last check: 2007-10-18)
		Dollars exchanged for the Gold Dinar currency as a measure for gold settlements quarterly or gold convertible to pay for certain oil imports would end all the debate of whether or not gold has a place in the monetary system.
		The ascendancy of gold will be hard fought but will be finally embraced as now popular central bank tools of interest rate manipulation and monetary aggregate expansion are destined by their own definition to fall flat on their political faces.
		This means "free coinage of gold (silver)," that is to say, the Mint must stand ready to convert gold into Gold Dinars (and silver into Silver Dirhams) in unlimited quantities free of charge, on the account of anyone tendering the right amount and fineness of gold (silver).
	www.silverbearcafe.com /dinar.html (6157 words)

	How the Islamic World Plans to Beat the West: A Gold Coin by Bill Sardi
		The gold dinar, which is 4.25 grams of 24-carat gold, would unite Muslim nations who blame "greedy" currency traders for Asia's downfall in the economic crisis of 1997–98.
		The dinar is being privately used in 22 countries and is minted in 4 countries.
		Some suggest the gold dinar would cause a shift in economic power from the West to the East.
	www.lewrockwell.com /sardi/sardi20.html (387 words)

	The Islamic (Gold) Dinar
		The Islamic Dinar, which is A 100% gold coin and unit of currency, fits this Islamic requirement.
		The Islamic Dinar, which is the unit of account at the Islamic Development Bank, is equal in value to one SDR.
		After the summer a campaign aimed to the Muslim world to open accounts in dinars is anticipated and the goal is to open 10,000 accounts within the first year of operation.
	www.gold-eagle.com /editorials_98/taylor112598.html (1492 words)

	Asia Times - Malaysia, Iran bank on dollar alternative
		KUALA LUMPUR - Malaysia's efforts to use the gold dinar for trade with Iran is Prime Minister Mahathir Mohamad's latest initiative to overhaul the international financial system, which he has long criticized as being skewed toward rich countries and speculators.
		The gold dinar was the currency of the Muslim world until the collapse of the Ottoman Empire in 1924.
		He added that an initial fallout of the scheme would be that countries using the gold dinar would use fewer US dollars in their international trade - and this would lead to the further weakening of the US currency.
	www.atimes.com /atimes/Southeast_Asia/EG04Ae03.html (1017 words)

	Gold Dinar Coins
		It is not intended that there should an actual gold dinar coin, or that it should be used in everyday transactions, the gold dinar would be an international unit of account for international settlements between national banks.
		Although we have seen a claim that the first gold dinars was issued in 1992, we do not know of any such Malaysian coin, although we believe a private company may have issued their own unoffical version.
		The word dinar derives from the latin word denarius, which was actually a silver coin, and the origin of the "d" in the British "£.s.d" system, abbreviations for the latin words libra, solidus, and denarius.
	www.taxfreegold.co.uk /golddinar.html (635 words)

	E-gold Directory
		The physical gold and silver bullion backing e-dinar and e-dirham units are always equivalent or larger than all electronic e-dinar and e-dirham in circulation.
		The physical gold and silver bullion is held securely in internationally renowned bullion repositories.
		Account holders always have the option to exchange their e-dinars an e-dirhams into any major national currency or redeem them and take physical possession of an equivalent amount of gold dinar and silver dirham.
	www.gold-pages.net /e-dinar2.htm (281 words)

	gold standard currency
		… The gold standard was also an international standard—determining the value of a country's currency in terms of other countries' currencies.
		… to the idyllic years of the gold standard remained strong … As the gold supply continued to fall behind the … and US dollar became the global reserve currencies.
		A return to the gold standard will save the US $1 trillion in interest on the national debt by removing risk for those who purchase US securities.
	www.amichaeltyler.com /gold-standard-currency.html (457 words)

	PakDef Forums - Malaysian Gold Dinar
		The Malaysian Gold Dinar is a key part of the emergence of another potential financial hegemony, the quietly rising Sino/Islamic economic union.
		Malaysia will start using the Islamic gold dinar starting mid 2003 in its foreign trade section with some countries replacing the U.S. dollar in a first step move toward unifying the currency used in commercial dealings between Islamic countries.
		The idea of the Islamic gold dinar belongs to Professor Omar Ibrahim Fadillo, founder of the Morabeteen International Organization founded in 1983 in South Africa where it is widely known as well as in Europe.
	www.pakdef.info /forum/showthread.php?t=4031 (828 words)

	Gold dinar could soon be reality
		The gold dinar was used as a currency in the Muslim world until the collapse of the Ottoman caliphate in 1924, and an Islamic dinar does exist as the unit of currency of the Islamic Development Bank.
		THE proposed use of gold dinar as an alternative medium of exchange for international trade could benefit Third World countries, the Malaysian Islamic Chamber of Commerce (Kuala Lumpur branch) chairman Tan Sri Elyas Omar said.
		“I believe the gold dinar can be used as an instrument for international trade,” he said at a press conference on International Convention on Gold Dinar in Kuala Lumpur yesterday.
	www.gold-investor.com /article.php/20021115222356792 (476 words)

	The Gold Dinar
		Today gold is $344 per ounce, a 5-year high and a big jump from just a few months ago.
		When this new Gold Dinar currency goes into play next year, the demand for gold will be a healthy tonnage each year.
		As someone who owns gold and shares in Gold Corp, who mine one of the richest gold veins in the world, I hope you will take the time to learn about this issue and diversify some of your holdings into gold.
	www.devvy.com /gold_20021219.html (390 words)

	Investor Digest (Malaysia): Gold dinar model, INVESTOR DIGEST@ HighBeam Research (Site not responding. Last check: 2007-10-18)
		Ideally, the concept is that money must be supported by gold, otherwise money is useless as it guarantees no intrinsic value.
		It is prone to introducing economic instabilities and volatility's, as borne out by history.
		Implementing the gold dinar system, therefore, can help stabilize the economy better.
	www.highbeam.com /library/doc0.asp?DOCID=1P1:68088621&refid=holomed_1 (212 words)

	3 2 1 g o l d: The Islamic Gold Dinar page
		Malaysia's first Gold Dinar available to public next week Khilafah
		Malaysia Hopes to Trade in Gold Dinar with Iran RiyahdDaily
		Western World would be unwise to ignore proposal for Gold Dinar currency...
	www.321gold.com /info/gold_dinar.html (310 words)

	Islam Online- News Section (Site not responding. Last check: 2007-10-18)
		CAIRO, January 8 (IslamOnline) – Malaysia will start using the Islamic gold dinar starting mid 2003 in its foreign trade section with some countries replacing the U.S. dollar in a first step move toward unifying the currency used in commercial dealings between Islamic countries.
		Islamic countries will benefit if they implement this new currency in many ways, the most important of which is that these countries will not need reserve of foreign currencies to finish commercial trading, Dr. Mohamed Sherif Beshir said.
		“Consequently, the gold dinar will be the ideal currency to facilitate and increase international trade and minimizing speculation in paper currency that lead to the Asian currency crisis in 1997,” he said.
	www.islamonline.net /english/news/2003-01/08/article08.shtml (702 words)

	Elgin Coin Club Newsletter, July, 1999
		An Islamic gold dinar of Al-Walad made in Damascus in 711 AD was sold for a record of almost half a million dollars by Spink's of London.
		A Panama-Pacific set made up of two $50 gold pieces, a $2.50 gold piece, a gold dollar, and a silver half dollar all in a copper frame brought $94,875 at a Stack's auction June 8-9 in New York.
		Maybe you are interested in the gold of Queen Mary of Scots.
	www.worksandwords.com /coins/ecc/ecc9907.htm (2563 words)

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