Thursday, November 13, 2014

Is Gold and Silver Money? Should They Be?

The more things change, the more they stay the same.....

From Zerohedge today:

ISIS Unveils Its New Gold-Backed Currency To Remove Itself From "The Oppressors' Money System"

Tyler Durden's picture

It appears the rumors are true. Islamic State is set to become the only 'state' to back its currency with gold (silver and copper) as it unveils the new coins that will be used in an attempt to solidify its makeshift caliphate. ISIS says the new currency will take the group  out of "the oppressors' money system."

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