Enormous Carnage to Asian Muslims

One of the reasons given for the continued insane rise in Wall Street has been the flow of money out of the Asian countries into the U.S. markets in search of a safe haven. But this makes no sense to the tens of millions of Muslims in Indonesia who are now suffering through a fate worse than we faced in the 1930's. Indonesia, which is comprised virtually 100% of Muslims, contains the 4th largest population in the world. Those people blame Suharto but they also blame the U.S. because Suharto was financially tied into the U.S. and our internationally dominant fractional reserve banking system. This underlying anger, which has been caused by enormous devastation suffered by hundreds of millions of Muslims throughout Asia, is likely to provide a powerful incentive for Muslims to "stick it to the Great Satan" by selling dollars and buying Islamic Dinars. At the same time, these people see this as a way to protect themselves by holding real money rather than the fake paper IOU's which has, overnight lost up to 70% of its purchasing power overnight. The dominant theme of the sponsors of the Islamic Dinar is the liability aspects of paper money and that as a result it is dishonest money. Moreover, as recently seen in Asia, when the promise to pay fails dollars fails the system collapses and human misery is compounded. This may be little more than theory to most of us in the U.S., but it is a harsh reality for hundreds of millions of Muslims who live in Indonesia and elsewhere in Asia. It may be safe to say these people are mad as hell and they may not take it much longer.

· Islamic Religious Beliefs - Not unlike Christians who have forgotten the basics of their faith founded on biblical teachings, so too have many, if not most Muslims forgotten the basics of their faith based on the Qur'an. One of the main pillars of the Islamic faith is the observance of Zakat, which dictates that Muslims must give at least 2 ½ % of their income to the poor. Wealthy people are encouraged to give more. The important factor to keep in mind as far as gold is concerned is that these gifts are to be paid only with tangible merchandise and that it cannot be paid with a promise to pay, which is in fact, all that paper money is. The Zakat is to be paid with honest money or actual substance, not a promise to pay. The Islamic Dinar, which is A 100% gold coin and unit of currency, fits this Islamic requirement.