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ISIS aspires to gold but uses U.S. dollar

Section: Daily Dispatches

The main currency of Middle Eastern terrorists comes out of Washington, not out of gold mines.

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ISIS Is Obsessed with Gold Currency

From Cable News Network, New York
Friday, December 4, 2015

The Islamic State is hellbent on world domination -- and a return to real gold coins.

When ISIS took over Iraq's second largest city last year, it stole nearly $450 million from Mosul's central bank. That included unknown, vast quantities of gold bullion, according the International Business Times and several military experts keeping track of ISIS.

ISIS believes the global economy's current system of paper money is a disaster. A video produced by the ISIS propaganda media unit explains this in a five-minute video online called "Dark Rise of Banknotes and the Return of the Gold Dinar."

In the video, they condemn the rise of banknotes like the U.S. dollar, which started as "a mere claim to gold" and are now "a worthless piece of paper." ...

The ISIS fixation with gold is also a recruiting tool. It offers a departure from corrupted, modern Western ways, according to Andreas Krieg, a military scholar who teaches at King's College London in Qatar. ...

The hypocrisy here is that ISIS is accepting U.S. dollars to sell oil and using them to buy equipment, Krieg said.

... For the remainder of the report:

http://money.cnn.com/2015/12/04/news/world/isis-gold/



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