Posts Tagged ‘Money’

Most people know something is wrong. They… no, we… feel it in our gut.

Unfortunately, though, most of us are distracted, so we tend not to see it. And when we do see it, if we don’t understand it, we tend to move to something that is easy to understand… something emotionally easier to handle. It’s easier to blame them. It’s easier to have a scapegoat or to look to someone who is far worse off than ourselves. Rather than trying to understand what is happening.

Watch this video about what is happening to the fabric of American society.

The Arab Spring, the riots in London and Greece, the bailouts of governments by the European Central Bank, the wars in Iraq, Libya, Afghanistan, and the countless other places we have invaded have nothing to do with al-Qaeda or Muslim extremists or loose immigration laws or any other convenient “other”. These things have to do with our financial system and the control of resources. Until you wake up to that fact, you will continue to feel that dull ache in your belly. When you get a moment of stillness, you will quietly wonder what is happening, until something comes along and distracts you yet again.

“Gold is in a bull market but central bankers do not want the public to buy physical gold and silver to hedge against inflation and deflation or hyperinflation.”

Here are some sources I trust:

• Gold Money – overseas vault storage and allows you to withdraw in other currencies
• APMEX Gold and Silver
• Golden Eagle Coins – or any local coin collector, really
• Gold Silver – a good source of info and you can buy precious metals (but it’s a tad pricier)
• Again, I would NOT touch ETFs like GLD at all. Stay far, far away.

Although some Brothers and Sisters expressed concern about GoldMoney.com citing fatawa (Jazakum Allahu khairun to all of you), but there is a big misunderstanding. GoldMoney.com does not allow you to pay now and actually get the gold later. Instead, you are transferring money into your account. It lives in your account much like your (fake, fiat) dollars live in a bank account now. Once the dollars are in your GoldMoney account, you can then buy gold, silver, palladium, or platinum with it. The moment you buy it, it is yours. Granted, you are not touching it when you buy it, but there is no time delay.

Here is the fatwa cited: http://www.islamqa.com/en/ref/65919/gold

And here is one of the comments (from an anonymous reader): “My friend, be careful when dealing with these gold websites. I am not in a position to say this because I do not know any fatwas related to this but from my knowledge when trading in gold the transaction must happen immediately, the money payed and the gold received, otherwise it is not lawful. Please look further into this because I don’t know whether ETF’s are halal or haram.”

Again, jazakAllahu khairun for your comments. I advise all of you to consider owning gold, but to look into the Islamic rules regarding the proper way of doing so. Allah knows best.

Check out this Google video on the history of money and debt.