Tag Archives: gold standard
The first pictures of the new Islamic State’s gold Dinar coin emerged today. ISIS, also known as Daesh, announced last year that there were plans in place to begin minting its own gold-backed currency. Now it seems that those plans … Continue reading →
JC Collins at the Philosophy of Metrics lays out how gold will likely be included in the newest incarnation of the IMF’s Special Drawing Rights Reserve Currency.
The Daily Mail is reporting that Islamic leaders in Mosul and Iraq’s Ninevah province have stated that there are plans to reintroduce the ancient Islamic currency known as the Dinar. The original Dinar consisted of only gold and silver coins. … Continue reading →