Tuesday, May 15, 2012

How Precious Is Silver or Dirham

Silver to become a rare earth metal , it is Extremely undervalued. 

Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! 

Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,

In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!


Today in the muslim world, only Malaysia and Indonesia had minted about RM100 millions of silver dirham coins ( 2.975 gm = RM25.00 per coin) to be promoted and used as islamic muamalat, trading,,business, zakat, mahar/dowry, wakaf/welfare foundation, qirad /syirkat etc...If each muslim out of the roughly 1 billion umat to own 10 dirham each....we need to mint more than 10 billion dirhams valued at RM250 billions ! ( RM25 x 10 b). 

If each muslim of the world owned a gold dinar (4.25 gm at 22 karat) valued at RM800 each, we need to mint 1 billion dinar valued at RM800 billion ( Rm800 x 1 b). So we achieved the over One Trillion Ringgit worths of dinar and dirham.....easily. But paper money is devaluated every day....how to even calculate your zakat in Ringgit or Rupiah ?

1 comment:

  1. ilver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!

    The total amount of above ground silver in the world on a per capita basis is less than one quarter of an ounce per person !
    GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

    " Silver is The Investment of this decade " Eric Sprott

    "Silver is the best hedge against Inflation , it is the biggest sleeper of all , a smoking deal " Robert Kiyosaki