Malaysia is exploring the adoption of the gold dinar
Gesara.news » News » Malaysia is exploring the adoption of the gold dinarNews Date: October 18, 2023
Malaysia is actively exploring the adoption of the gold dinar as a reserve currency, with Prime Minister Datuk Seri Anwar Ibrahim announcing this initiative in the Dewan Rakyat, the lower house of parliament.
An upcoming meeting on Islamic economics and finance in December will serve as a key platform for discussing and evaluating the feasibility and benefits of introducing a gold-backed currency.
This endeavor reflects Malaysia's commitment to sound economic management and its respect for Islamic financial traditions, with potential implications for both domestic and international financial systems.
This is one of the best macro setups in history for Gold & Silver.
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More money creation is just a masked form of bankruptcy in which default is "avoided" at the expense of the underlying currencies.
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Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold.
He came down the famous escalator along with Melania at Trump Tower!
This is a day to remember!
Is this just a coincidence?