November 28, 2010

There's Only One Challenger U.S. Dollar: Gold (dinar) ...

"As a result of global scale recession, no country wants its currency to appreciate.Alternative for the U.S. Dollar in 2009 is not the currency of another country, but the 'old currency' that is gold. Precious Metals may appear as a hedge for investors suspicion of central bank behavior and the fear of inflation ... ". David Hales in his January 5, then in the Financial Times. 

  
This is not the first time I found the author of west objective of the currency. Thinkers on the Gold Anti-Trust Action Committee (Gata) has long expressed a similar view, Ter-wacanakan its Bretton Woods II by world leaders of G-20 can not be separated from the recognition that the real gold was money that was true. 
  
Unlike us who believe that real money (fair balance) is only gold and silver based on our religious beliefs, David Hales concluded that the replacement of gold is U.S. Dollars based on the current global financial conditions, as, among others, revealed in some of the following realities: 
  
· All the players of the world economy slipping into recession. Real GDP in America and in Europe will reach minus 1.5%, and Japan will be worse and could reach minus 2.5%. 
· Response from European countries (which actually has a strong potential successor currency to U.S. $ namely Euro), much slower than the American response in the form of economic stimulus. So currency can not be expected. 
· China are hit by this crisis, is not expected to intervene the market to raise its exchange rate. First because of their foreign exchange reserves began to decline, both to raise the exchange rate will reduce the competitiveness of its exports are now even this has been disrupted. 
· Japan's currency is still strong while the future will tend to be suppressed by their own government for the same reason that is because of falling exports and declining production capacity. 
· Traffic world trade will go down because of large importing countries experiencing recession. Not only Europe, America and Japan, but also that no less bad is South Korea, Taiwan and China. 
  
Americans still can be proud to have among the strongest currency-denominated other currencies weak. But this only happens during a real challenger - the gold / Dinar - not yet emerged. No wonder why their governments are always hostile to gold, to the extent that their own citizens who realize that they persecuted by his government - set up various organizations to fight it like Gata, FAME (Foundation of Advanced Monetary Education) etc.. 
  
For us Muslims, to us has been rumored about the destruction they are - but whether we are going to replace it? depends on our willingness to begin work for this. 
  
"He was the one who issued the unbelievers among the people of the Scriptures from their villages during the first expulsion time. You do not think that they would come out and they were convinced that their fortresses would defend them from the (punishment) Allah, and Allah brings to them (punishment) from the direction that they are not unexpected. And God threw fear into their hearts, they destroy their houses with their own hands and the hands of those who believe. So take it (the incident) to be a lesson, O men who have a view. "(Surah 59: 2) 
  
So God had destroyed the (economic) they are with their own hands, which is needed now is the emergence of the hands of the believers to replace it. If the hands of the believers who do not also appear immediately, then that would arise could be another crime in a new form. Allaah knows best.