~ REVIVING Commodity / Value-based CURRENCY & Commodity-based TRADING (including BARTER transaction) ~ [Surah AL-BAQARAH, 279: And if you do not, then be warned of a WAR (against you) from Allah and His messenger. And if you repent, then you have your principal (without interest). Wrong not, and you shall not be wronged ].
Monday, November 8, 2010
World Bank Chief Calls For Return to Modified Gold Standard
In a sign of further erosion of confidence in the US Government and its decision to raise(and print) 600 BILLIONS in US Dollar Treasury Debt, Robert Zoellick calls for a return to a modified gold standard by proposing that gold be used as an “International Reference Point of Market Expectations” given that “markets are already using GOLD as an Alternative Monetary Asset.”
Read:-
1) FINANCIAL TIMES
2) YAHOO news
3)FORBES
Friday, November 5, 2010
Perak to Introduce DINAR & DIRHAM, 2nd Malaysian State!
On the sidelines of the 1st World RIBA Conference in KL-Malaysia, the Perak MB Zambry Abdul Kadir said that Perak will be the second state in Malaysia to introduce the Gold Dinar and Silver Dirham coins.
Read BERNAMA
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