Archive for the ‘Financial Crisis’ tag
WORLD DINAR CONFERENCE 2010
WORLD DINAR CONFERENCE 2010
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Surviving Financial Apocalypse by Doug Casey
America as a country has become a world-class debtor, and many Americans seem to think a maxed-out credit card is a reason to get a higher credit limit, not to economize. It’s like a global epidemic.
Sure. This is a story that’s going to end very badly for a lot of people.
Because you can’t use debt as money.
Aristotle, in the fourth century BC, was the first person to define what money is.
And what is it? It’s a 1)store of value and a 2)medium of exchange.
The paper we use today is a medium of exchange – it got that way because governments made it illegal not to accept it – but it’s not a good store of value. And it’s rapidly and radically becoming less of a store of value. What we use as money today is actually not money; it’s currency. Technically, that’s simply a word that indicates a government substitute for money.
What does make for good money? Again, Aristotle gives us the answer. It’s something that has five characteristics: it’s durable and divisible, consistent and convenient, and has value in itself.
Read more here: http://futurefastforward.com/images/stories/financial/Doug_Casey_On_Surviving_Financial_Apocalypse.pdf
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Gold, Paper (Fiat) Money, Palestine, Israel, Gog and Magog and Dajjal
I would highly recommend everyone to read this book, THE GOLD DINAR AND SILVER DIRHAM: ISLAM AND THE FUTURE OF MONEY written by Syeikh Imran Hussein.
This book will help you answer questions briefly with regards to Gold, Paper (Fiat) Money, Palestine, Israel, Gog and Magog and Dajjal. You will then be able to see bigger picture of the world today.
THE GOLD DINAR AND SILVER DIRHAM: ISLAM AND THE FUTURE OF MONEY
Read it with open mind… Please…
Download: Link #1 | Link #2 | Source
Interesting FAQ Section - http://www.imranhosein.org/faq.html
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Financial Crisis 101 – By Janet Tavakoli (10/3/10)
A Must Watch Video!
This video explains how Cheap Money, Wide-spread ban (often predatory) Lending, Phone Securities, Credit Derivatives and Wall Street Banks’ Massive Over-Borrowing led to our current Financial Crisis. Yet there is no meaningful reform.
Q&A With Janet Tavakoli (10/3/10)
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How to Buy Gold @ Maybank (Step-by-Step)
Follow up from my previous post on ‘How to Buy Gold in Malaysia (Halal)‘.
Gold Savings Passbook Account
Why buy Gold again? Here is why..
You can either buy gold @ Maybank in the form of 1)Kijang Emas Gold Bullion Coins; or 2)Gold Savings Passbook Account.
Gold Savings Passbook Account is like you buy the gold (in grams) and let the bank keep it for you. You will be given a Passbook Account. Your savings will be recorded as how many grams Gold you have, not in terms of how much money you have invested.
Other things to note:
- Minimum deposit: 5gm
- Trading unit: Minimum 5gms in multiples of 1gm
- Fineness: 999.9 gold
- Administrative charge: 0.25% p.a.
