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Sunday, April 26th, 2009

Stable currency.

Gold and silver are the most stable currency the world has ever seen. The Middle East have known the use of gold coins as a commodity for a long time, as the dinar was used by the Muslims during the time when most of the world was under an Islamic empire.

From the beginning of Islam until today, the value of this bimetallic currency has remained surprisingly stable in relation to basic consumable goods. It has survived, despite all the attempts by governments to transform it into a symbolic currency by imposing a nominal value different from its weight.

As an investment product, gold is available in coin or ingot form. Despite today’s lack of usage, gold is known as a stable currency. Even today, gold has still not lost its glitter.

The world should return to the gold standard and start to buy gold coins to convert their currency into hard, solid gold (quite literally!). After all, paper money is subject to manipulation and attacks from rogue currency speculators, thereby depreciating its value.

For an Islamic State to survive, it has to rely on gold and silver as its basic currency, there is no solution out of it. One is able to purchase buy gold bullion or other precious metals for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository.

Now your children do not have to worry about depreciation of value, as gold ira transfer will ensure that your investment is safe and sound.

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