Monday, July 1, 2013
With fake paper currency based economy crashing all over, every sensible country is collecting Gold. The more sensible ones are planning to move to the Gold backed currency altogether. We Muslims should move to pure Gold and Silver standards as ordered by Sharia. Now, Gold based currency is not a dream but a reality. Fake paper is crashing Alhamdolillah !!
According to the article, China is recasting all of their gold reserves into small one kilo bars in order to issue a new "gold-backed" currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar.
There can be no doubt that the US dollar will soon be history. China is recasting all of their gold reserves into small one kilo bars in order to issue a new ‘gold backed’ global currency. This is surely a strategic part of their recent push to sign new trade agreements with Russia, Japan, Chile, Brazil, India, and Iran. The cat is now out of the bag, the US will be given the ‘bums rush’ by the largest trading nations in the world and the dollar will go down in flames. GATA now estimates that 80% of the gold that investors believe they have in allocated accounts is long gone, the majority of it probably wound up in China.