Sunday, December 26, 2010

Gold and Silver Are The Most Stable Currency The World Has Ever Seen

Public Dinar (916) product of 1 Dinar (4.25 g), 5 Dinar (21.25 g) & 10 Dinar (42.5 g)

From the beginning of Islam until today, the value of the Islamic bimetallic currency has remained surprisingly stable in relation to basic consumable goods:

A chicken at the time of the Prophet, salla'llahu alaihi wa sallam, cost one dirham; today, 1,400 years later, a chicken costs approximately one dirham. Please click to dinar live price (http://publicdinar.com/) @ http://islamicmint.com.my/.

In 1,400 years inflation is zero.

Could we say the same about the dollar or any other paper currency in the last 25 years? In the long term the bimetallic currency has proved to be the most stable currency the world has ever seen. It has survived, despite all the attempts by governments to transform it into a symbolic currency by imposing a nominal value different from its weight.

Reliability

Gold cannot be inflated by printing more of it; it cannot be devalued by government decree, and unlike paper currency it is an asset which does not depend upon anybody's promise to pay.

Portability and anonymity of gold are both important, but the most significant fact is that gold is an asset that is no-one else’s liability.

All forms of paper assets: bonds, shares, and even bank deposits, are promises to repay money borrowed. Their value is dependent upon the investor's belief that the promise will be fulfilled. As junk bonds and the Mexican peso have illustrated, a questionable promise soon loses value.

Gold is not like this. A piece of gold is independent of the financial system, and its worth is underwritten by 5,000 years of human experience.

http://web.usm.my/dinar/article/DinarUse.htm

MyeGoldDinar

019-6862197

No comments:

KENAIKAN HARGA EMAS 1 TAHUN

one year gold price chart
1 Year Gold Price Chart

Related Posts Plugin for WordPress, Blogger...
"ALLAH JADIKAN DUA LOGAM YANG BERNILAI (EMAS DAN PERAK) SEBAGAI PENGUKUR KEPADA BARANGAN DAGANGAN. LOGAM INI SERINGKALI DIJADIKAN UKURAN KEKAYAAN SESEORANG. WALAUPUN ADAKALANYA BARANGAN DAGANGAN LAIN TURUT MENYIMPAN NILAI YANG TERSENDIRI, AKHIRNYA IA AKAN DIGUNAKAN UNTUK MENDAPATKAN EMAS DAN PERAK. BARANGAN DAGANGAN LAIN TERKESAN AKIBAT TURUN NAIK PASARAN, SEDANGKAN EMAS DAN PERAK TIDAK." - Ibnu Khaldun -

Total Pelayar Blog Ini

code goes here

Total Pageviews