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	<title>Comments for Dr. Dzul&#039;s Blog</title>
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		<title>Comment on Najib bertambah seksa selepas menang? by truthseeker</title>
		<link>http://drdzul.com/2013/05/15/najib-bertambah-seksa-selepas-menang/#comment-9456</link>
		<dc:creator><![CDATA[truthseeker]]></dc:creator>
		<pubDate>Sat, 18 May 2013 04:20:58 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6494#comment-9456</guid>
		<description><![CDATA[Sir,you are not just color blind.You are what indians call the &quot;sattwic&quot; man(ie  just like a saint).During the Q&amp;A @ the dome,the malay gentleman from persatuan tentera(  i think) said that the rakyat have&quot;turun padang&quot;,protested n rallied,but angkuh,sombong,super arrogant MONSTER UMNO BN and SPR did what they had to do to win GE13 .The reality is BERSIH1.0,2.0,3.0,HKR112  increased the support for Pakatan rakyat but failed to terajang the monster   UMNO BN and their pencacais.IMO,the time has now come to think of alternative actions.

Malaysia is  in financial danger.UMNO BN THE MONSTER will continue to plunder,implement polices such as GST,and mcm mcm tactics to suppress the rakyat.They will continue to suck  us dry.In any capitalist country,money is the most important entity.Everything revolves around money.UMNO BN THE MONSTER wants  power,the authority in order to &quot;sapu&quot; trillions/gazillions of $$$ into thier personal accounts.They have been doing  this for the past 50 years,and have become zombi money junkies(at the expense of the rakyat). UMNO BN THE MONSTER depends on rakyats money in the form taxes,deposits in banks/financial institutions/epf/socco for their existence,and the time has now come for the rakyat to show their power!Why must we the rakayt continue to be robbed,and cheated?The rakayat does have alternative means to terajang this money junkie,arrogant ,bullying monster called UMNO BN.The alternative moves should go along with the current &quot;BLACK OUT 505&quot;
.1,Bank Runs. Mass withdrawal from saving,FD accounts. from CIMB,MAYBANK(for example).This will also will drive down the share prices of those 2 commecial banks and  create  will futher liquidity crisis.Bond Traders will smell this scenario like sharks smell for blood,will jack up governments/ treasury bill yields, further   choking money supplty.More than 5 million voted for Pakatan Rakayat.The magnitude of money flight from the banks  even at 10% is VOLUMINOUS.

2.Boycott  Petron and Peronas.Why should rakyat foolishly go to these to petrol stations and transfer their hard earned money into the pockets of Mahathir and his sons?

3.History shows financial crisis is a mega weapon for regime change.The financial Crisis of 97/98 brought down Suharto,and triggered Reformasi movement in Indonesia and Malaysia.Mahathir had no choice but to step down due to those twin pressures.And the ongoing financial crisis which started in 2007,plus malayia&#039;s  mega debts,demands rakyat of Malaysia to follow the footsteps of the europeans ,ie BANK RUNS,hartal/boycotts,street protests]]></description>
		<content:encoded><![CDATA[<p>Sir,you are not just color blind.You are what indians call the &#8220;sattwic&#8221; man(ie  just like a saint).During the Q&amp;A @ the dome,the malay gentleman from persatuan tentera(  i think) said that the rakyat have&#8221;turun padang&#8221;,protested n rallied,but angkuh,sombong,super arrogant MONSTER UMNO BN and SPR did what they had to do to win GE13 .The reality is BERSIH1.0,2.0,3.0,HKR112  increased the support for Pakatan rakyat but failed to terajang the monster   UMNO BN and their pencacais.IMO,the time has now come to think of alternative actions.</p>
<p>Malaysia is  in financial danger.UMNO BN THE MONSTER will continue to plunder,implement polices such as GST,and mcm mcm tactics to suppress the rakyat.They will continue to suck  us dry.In any capitalist country,money is the most important entity.Everything revolves around money.UMNO BN THE MONSTER wants  power,the authority in order to &#8220;sapu&#8221; trillions/gazillions of $$$ into thier personal accounts.They have been doing  this for the past 50 years,and have become zombi money junkies(at the expense of the rakyat). UMNO BN THE MONSTER depends on rakyats money in the form taxes,deposits in banks/financial institutions/epf/socco for their existence,and the time has now come for the rakyat to show their power!Why must we the rakayt continue to be robbed,and cheated?The rakayat does have alternative means to terajang this money junkie,arrogant ,bullying monster called UMNO BN.The alternative moves should go along with the current &#8220;BLACK OUT 505&#8243;<br />
.1,Bank Runs. Mass withdrawal from saving,FD accounts. from CIMB,MAYBANK(for example).This will also will drive down the share prices of those 2 commecial banks and  create  will futher liquidity crisis.Bond Traders will smell this scenario like sharks smell for blood,will jack up governments/ treasury bill yields, further   choking money supplty.More than 5 million voted for Pakatan Rakayat.The magnitude of money flight from the banks  even at 10% is VOLUMINOUS.</p>
<p>2.Boycott  Petron and Peronas.Why should rakyat foolishly go to these to petrol stations and transfer their hard earned money into the pockets of Mahathir and his sons?</p>
<p>3.History shows financial crisis is a mega weapon for regime change.The financial Crisis of 97/98 brought down Suharto,and triggered Reformasi movement in Indonesia and Malaysia.Mahathir had no choice but to step down due to those twin pressures.And the ongoing financial crisis which started in 2007,plus malayia&#8217;s  mega debts,demands rakyat of Malaysia to follow the footsteps of the europeans ,ie BANK RUNS,hartal/boycotts,street protests</p>
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		<title>Comment on Hawking&#8217;s boycott: &#8216;threaten to open floodgate with more and more scientists to regard Israel as a pariah state&#8217; by Sam</title>
		<link>http://drdzul.com/2013/05/16/hawkings-boycott-threaten-to-open-floodgate-with-more-and-more-scientists-to-regard-israel-as-a-pariah-state/#comment-9453</link>
		<dc:creator><![CDATA[Sam]]></dc:creator>
		<pubDate>Thu, 16 May 2013 04:56:29 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6503#comment-9453</guid>
		<description><![CDATA[So his boycott is based solely on scientific analysis and has nothing to do with philosophy?]]></description>
		<content:encoded><![CDATA[<p>So his boycott is based solely on scientific analysis and has nothing to do with philosophy?</p>
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		<title>Comment on Najib bertambah seksa selepas menang? by abd muhid</title>
		<link>http://drdzul.com/2013/05/15/najib-bertambah-seksa-selepas-menang/#comment-9451</link>
		<dc:creator><![CDATA[abd muhid]]></dc:creator>
		<pubDate>Wed, 15 May 2013 11:30:36 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6494#comment-9451</guid>
		<description><![CDATA[Jangan dibiarkan penipuan berleluasa dan tiada kesudahannya. Lawan tetap lawan. Kita sokong Pakatan Rakyat tetap lawan sampai berjaya. Cari dan kemukakan salah laku mereka (BN) dalam PRU13 sebanyak mungkin. Jangan mengalah dan dengar cakap mereka. Mereka gunakan undang-undang yang dibuat dengan tidak adil kepada semua pengundi. Adakah betul alasan SPR bahawa sesiapa sahaja yang ada nama dalam daftar mengundi boleh mengundi di Malaysia. Jika begitu orang Indon, Bangla, Thais, Philipina dan lain-lain lagi bolehlah mengundi jika nama mereka dimasukkan ke dalam daftar mengundi. Apa gunanya negara Malaysia yang tercinta.]]></description>
		<content:encoded><![CDATA[<p>Jangan dibiarkan penipuan berleluasa dan tiada kesudahannya. Lawan tetap lawan. Kita sokong Pakatan Rakyat tetap lawan sampai berjaya. Cari dan kemukakan salah laku mereka (BN) dalam PRU13 sebanyak mungkin. Jangan mengalah dan dengar cakap mereka. Mereka gunakan undang-undang yang dibuat dengan tidak adil kepada semua pengundi. Adakah betul alasan SPR bahawa sesiapa sahaja yang ada nama dalam daftar mengundi boleh mengundi di Malaysia. Jika begitu orang Indon, Bangla, Thais, Philipina dan lain-lain lagi bolehlah mengundi jika nama mereka dimasukkan ke dalam daftar mengundi. Apa gunanya negara Malaysia yang tercinta.</p>
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		<title>Comment on GPMS sepatutnya ketengah masalah PRU13 by Mohamed Said</title>
		<link>http://drdzul.com/2013/05/15/gpms-sepatutnya-ketengah-masalah-pru13/#comment-9450</link>
		<dc:creator><![CDATA[Mohamed Said]]></dc:creator>
		<pubDate>Wed, 15 May 2013 06:02:23 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6497#comment-9450</guid>
		<description><![CDATA[Lepas ini lucutkan warganegara mereka yang mengundi PR supaya PRU 14 hanya BN yang layak bertanding]]></description>
		<content:encoded><![CDATA[<p>Lepas ini lucutkan warganegara mereka yang mengundi PR supaya PRU 14 hanya BN yang layak bertanding</p>
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		<title>Comment on Rakyat keliru &#8220;fakta&#8221; Malaysia tidak pernah dijajah by cicik tok lela</title>
		<link>http://drdzul.com/2011/09/10/rakyat-keliru-fakta-malaysia-tidak-pernah-dijajah/#comment-9449</link>
		<dc:creator><![CDATA[cicik tok lela]]></dc:creator>
		<pubDate>Mon, 13 May 2013 12:58:39 +0000</pubDate>
		<guid isPermaLink="false">http://blog.drdzul.com/?p=4283#comment-9449</guid>
		<description><![CDATA[kepale otak british nak lindungi n hanya naungi Malaysia . British menjajah Malaysia menggunakan cara halus . Itu salah satu strategik British utk mendapatkan Malaysia . British mahu memerintah Malaysia utk kepentingan ekonomi mereka . Malaysia hak milik kita . takkan nak biarkan bgse asing sewenang2 nye mengambil hasil peribumi di negara kita ?  Tunku melaungkan merdeka pd 31 ogos 1957 kerana negara kita sudah bebas dr bgse asing . itu bermaksud negara kita sudah merdeka . saya kesian melihat pemikiran kamu yg mereka blog nie utk memalukan bgse melayu sendiri , utk menimbulkan kekeliruan dlm kalangan rakyat Malaysia .  Mmg manusia yg tidak reti bersyukur .]]></description>
		<content:encoded><![CDATA[<p>kepale otak british nak lindungi n hanya naungi Malaysia . British menjajah Malaysia menggunakan cara halus . Itu salah satu strategik British utk mendapatkan Malaysia . British mahu memerintah Malaysia utk kepentingan ekonomi mereka . Malaysia hak milik kita . takkan nak biarkan bgse asing sewenang2 nye mengambil hasil peribumi di negara kita ?  Tunku melaungkan merdeka pd 31 ogos 1957 kerana negara kita sudah bebas dr bgse asing . itu bermaksud negara kita sudah merdeka . saya kesian melihat pemikiran kamu yg mereka blog nie utk memalukan bgse melayu sendiri , utk menimbulkan kekeliruan dlm kalangan rakyat Malaysia .  Mmg manusia yg tidak reti bersyukur .</p>
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		<title>Comment on Rakyat keliru &#8220;fakta&#8221; Malaysia tidak pernah dijajah by cicik tok lela</title>
		<link>http://drdzul.com/2011/09/10/rakyat-keliru-fakta-malaysia-tidak-pernah-dijajah/#comment-9448</link>
		<dc:creator><![CDATA[cicik tok lela]]></dc:creator>
		<pubDate>Mon, 13 May 2013 12:53:35 +0000</pubDate>
		<guid isPermaLink="false">http://blog.drdzul.com/?p=4283#comment-9448</guid>
		<description><![CDATA[sape yg buat blog ni mmg ternyata sgt bodoh , dan saje2 utk menimbulkan persepsi masyarakat .]]></description>
		<content:encoded><![CDATA[<p>sape yg buat blog ni mmg ternyata sgt bodoh , dan saje2 utk menimbulkan persepsi masyarakat .</p>
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		<title>Comment on PAS &#8211; the face and image of a contemporary Islamic political body by truthseeker</title>
		<link>http://drdzul.com/2013/04/12/pas-the-face-and-image-of-a-contemporary-islamic-political-body/#comment-9447</link>
		<dc:creator><![CDATA[truthseeker]]></dc:creator>
		<pubDate>Mon, 13 May 2013 05:53:04 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6486#comment-9447</guid>
		<description><![CDATA[The Divine/The Supreme/The One is universal.The star known as Sun is surya in sanskrit and matahari in malay.Different words expressing the same thing or entity.Sri Aurobindo,recorded extensively(and in detail) his spiritual journey.Those who dive deep into spiritual life will naturally will get vision/dreams,and below is an example of the DIVINE THE UNIVERSAL...

 
Oct 10,1914

St. Bismillah placed at the head of the Koran

The movement of the Siddhi is once again overcoming the Asiddhi.  The second &amp; first chatusthayas are being restored in their completeness. The faith that disregards immediate out- ward circumstances, is developing, although still combated by the suggestions of the intellectual environment

Outward circumstances of the moment have to be understood by the vijnana. But there must first be this general faith that they have all an intelligible purpose &amp; an intelligible sense.  

647

It is true that they are worked out through the Pranic world by the Dwayavins using conflicting energies, but the Power that gov- erns them in spite of their ignorance &amp; mutual misunderstanding is One, who is neither a passive Being nor a blind Force.

The only question that remains is whether the immediate guide of the Yoga is the Ishwara himself or a Spirit who errs, the Manomaya Purusha in oneself or a Manishi outside.

The faith must be that it is the Ishwara, Anandamaya &amp; Vijnanamaya who is the guide, although He still uses the im- pulsions &amp; ideas of the Manishi &amp; not yet the full Vijnanamaya harmony.

It is the replacement of the mental perceptions &amp; impulses that is the work of the Vijnanachatusthaya. It is because that work is not yet done, that the first two chatusthayas are open to shocks &amp; disturbances through the disappointment of the faith.

This is why it has always been said that the absolute finality of the first two chatusthayas depended on the fulfilment of the third.

But the entire fulfilment of the third implies the fulfilment of the fourth and fifth and therefore necessarily of the sixth and seventh.

Therefore it is an integral fulfilment that is being worked out &amp; this aim prevents the separate perfection of each chatusthaya by itself without relation to the rest.

Faith &amp; Ananda Brahman are the two keys to the perfect internal state, with dasya as the joining point. Knowledge &amp; Power are the two keys to the perfect external state, with Daivi Prakriti as the joining point.

note:the  terminologies are in sankrit.(anandamaya means the power of delight/joy,vijnanmaya,the power of TRUTH consciousness)imo,the record entry on 14th of Oct,1914 is  based on the vision of &quot;bismillah above the quran&quot;.]]></description>
		<content:encoded><![CDATA[<p>The Divine/The Supreme/The One is universal.The star known as Sun is surya in sanskrit and matahari in malay.Different words expressing the same thing or entity.Sri Aurobindo,recorded extensively(and in detail) his spiritual journey.Those who dive deep into spiritual life will naturally will get vision/dreams,and below is an example of the DIVINE THE UNIVERSAL&#8230;</p>
<p>Oct 10,1914</p>
<p>St. Bismillah placed at the head of the Koran</p>
<p>The movement of the Siddhi is once again overcoming the Asiddhi.  The second &amp; first chatusthayas are being restored in their completeness. The faith that disregards immediate out- ward circumstances, is developing, although still combated by the suggestions of the intellectual environment</p>
<p>Outward circumstances of the moment have to be understood by the vijnana. But there must first be this general faith that they have all an intelligible purpose &amp; an intelligible sense.  </p>
<p>647</p>
<p>It is true that they are worked out through the Pranic world by the Dwayavins using conflicting energies, but the Power that gov- erns them in spite of their ignorance &amp; mutual misunderstanding is One, who is neither a passive Being nor a blind Force.</p>
<p>The only question that remains is whether the immediate guide of the Yoga is the Ishwara himself or a Spirit who errs, the Manomaya Purusha in oneself or a Manishi outside.</p>
<p>The faith must be that it is the Ishwara, Anandamaya &amp; Vijnanamaya who is the guide, although He still uses the im- pulsions &amp; ideas of the Manishi &amp; not yet the full Vijnanamaya harmony.</p>
<p>It is the replacement of the mental perceptions &amp; impulses that is the work of the Vijnanachatusthaya. It is because that work is not yet done, that the first two chatusthayas are open to shocks &amp; disturbances through the disappointment of the faith.</p>
<p>This is why it has always been said that the absolute finality of the first two chatusthayas depended on the fulfilment of the third.</p>
<p>But the entire fulfilment of the third implies the fulfilment of the fourth and fifth and therefore necessarily of the sixth and seventh.</p>
<p>Therefore it is an integral fulfilment that is being worked out &amp; this aim prevents the separate perfection of each chatusthaya by itself without relation to the rest.</p>
<p>Faith &amp; Ananda Brahman are the two keys to the perfect internal state, with dasya as the joining point. Knowledge &amp; Power are the two keys to the perfect external state, with Daivi Prakriti as the joining point.</p>
<p>note:the  terminologies are in sankrit.(anandamaya means the power of delight/joy,vijnanmaya,the power of TRUTH consciousness)imo,the record entry on 14th of Oct,1914 is  based on the vision of &#8220;bismillah above the quran&#8221;.</p>
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		<title>Comment on PAS &#8211; the face and image of a contemporary Islamic political body by truthseeker</title>
		<link>http://drdzul.com/2013/04/12/pas-the-face-and-image-of-a-contemporary-islamic-political-body/#comment-9420</link>
		<dc:creator><![CDATA[truthseeker]]></dc:creator>
		<pubDate>Sun, 28 Apr 2013 05:58:06 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6486#comment-9420</guid>
		<description><![CDATA[Bank Run....

http://youtu.be/LICxItcgdXs]]></description>
		<content:encoded><![CDATA[<p>Bank Run&#8230;.</p>
<p><span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='600' height='368' src='http://www.youtube.com/embed/LICxItcgdXs?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span></p>
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		<title>Comment on 10 questions for 1MDB &#8211; What Transformation? Najib, You&#8217;ve Failed! by truthseeker</title>
		<link>http://drdzul.com/2013/04/05/10-questions-for-1mdb-what-transformation-najib-youve-failed/#comment-9416</link>
		<dc:creator><![CDATA[truthseeker]]></dc:creator>
		<pubDate>Sat, 27 Apr 2013 16:02:34 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6476#comment-9416</guid>
		<description><![CDATA[From JS KIm..

Buying Gold is One Way to Resist Bankster Tyranny
smartknowledgeu&#039;s picture
Submitted by smartknowledgeu on 03/23/2012 07:16 -0400



Below is a very informal video I made this morning in one rambling short take with no production value in response to the Turkish government asking Turkish citizens to hand over their gold to the Turkish banks in order to help stabilize the economy. The reason I made this video is that I wanted to send a quick message out not only to Turkish citizens, but to all citizens everywhere to warn them not to be duped by the “false-patriotic, do it for your love of your country” message that banksters love to use in order to goad people into doing the worst thing possible for our survival during the accelerating second phase of this globlal monetary crisis. Such initiatives, if you listen to the puppet-masters, only serve to transfer your real wealth to the banksters. If you really wish to protect your wealth, citizens of Turkey, convert MORE of your Turkish Liras into physical gold and silver, especially at these prices today at a time when banksters have attacked the price in their fraudulent paper markets and there is opportunity to stack more physical PMs at artificially low prices.

 

As far as those that remain ignorant of the fact that gold&#039;s best use is as money, and that while not a perfect medium of exchange for goods and services, it still has many diverse qualities that make it a far superior form of money than the worthless pieces of paper whose differing value is only determined by the different numbers printed on them, please do a little homework. You have more than several thousands years of history to study to understand why so many different cultures have chosen gold as the best form of money they could use, including the Malaysian State of Kelantan today. Lastly, for those that foolishly state that private owners of physical gold “are the problem [for promoting ownership of a worthless piece of metal]”, I imagine that many of you have at one time opted to buy a radically overpriced gem like a diamond for your girlfriend or wife, and that you either (1) do not understand how the monetary system works; or (2) do not understand the game of poker. If you complete your homework assignment, you will discover that ownership of physical gold (and silver) allows one to call the bluff of the banksters’ fraudulent monetary system, and that without ownership of physical PMs, one is without a mechanism to ever call the banksters’ bluff and will have to fold every single hand.
 
About the author: JS Kim is the Founder &amp; Chief Investment Strategist of SmartKnowledgeU, a fiercely independent investment research &amp; consulting firm dedicated to exposing the fraud of the global banking cartel and to the provision of strategies that have protected clients in 33+ countries around the world from the deepening global monetary crisis. Follow us on twitter @smartknowledgeu.

http://youtu.be/cPzGAE6oIUQ]]></description>
		<content:encoded><![CDATA[<p>From JS KIm..</p>
<p>Buying Gold is One Way to Resist Bankster Tyranny<br />
smartknowledgeu&#8217;s picture<br />
Submitted by smartknowledgeu on 03/23/2012 07:16 -0400</p>
<p>Below is a very informal video I made this morning in one rambling short take with no production value in response to the Turkish government asking Turkish citizens to hand over their gold to the Turkish banks in order to help stabilize the economy. The reason I made this video is that I wanted to send a quick message out not only to Turkish citizens, but to all citizens everywhere to warn them not to be duped by the “false-patriotic, do it for your love of your country” message that banksters love to use in order to goad people into doing the worst thing possible for our survival during the accelerating second phase of this globlal monetary crisis. Such initiatives, if you listen to the puppet-masters, only serve to transfer your real wealth to the banksters. If you really wish to protect your wealth, citizens of Turkey, convert MORE of your Turkish Liras into physical gold and silver, especially at these prices today at a time when banksters have attacked the price in their fraudulent paper markets and there is opportunity to stack more physical PMs at artificially low prices.</p>
<p>As far as those that remain ignorant of the fact that gold&#8217;s best use is as money, and that while not a perfect medium of exchange for goods and services, it still has many diverse qualities that make it a far superior form of money than the worthless pieces of paper whose differing value is only determined by the different numbers printed on them, please do a little homework. You have more than several thousands years of history to study to understand why so many different cultures have chosen gold as the best form of money they could use, including the Malaysian State of Kelantan today. Lastly, for those that foolishly state that private owners of physical gold “are the problem [for promoting ownership of a worthless piece of metal]”, I imagine that many of you have at one time opted to buy a radically overpriced gem like a diamond for your girlfriend or wife, and that you either (1) do not understand how the monetary system works; or (2) do not understand the game of poker. If you complete your homework assignment, you will discover that ownership of physical gold (and silver) allows one to call the bluff of the banksters’ fraudulent monetary system, and that without ownership of physical PMs, one is without a mechanism to ever call the banksters’ bluff and will have to fold every single hand.</p>
<p>About the author: JS Kim is the Founder &amp; Chief Investment Strategist of SmartKnowledgeU, a fiercely independent investment research &amp; consulting firm dedicated to exposing the fraud of the global banking cartel and to the provision of strategies that have protected clients in 33+ countries around the world from the deepening global monetary crisis. Follow us on twitter @smartknowledgeu.</p>
<p><span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='600' height='368' src='http://www.youtube.com/embed/cPzGAE6oIUQ?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span></p>
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		<title>Comment on 10 questions for 1MDB &#8211; What Transformation? Najib, You&#8217;ve Failed! by truthseeker</title>
		<link>http://drdzul.com/2013/04/05/10-questions-for-1mdb-what-transformation-najib-youve-failed/#comment-9415</link>
		<dc:creator><![CDATA[truthseeker]]></dc:creator>
		<pubDate>Sat, 27 Apr 2013 15:46:39 +0000</pubDate>
		<guid isPermaLink="false">http://drdzul.com/?p=6476#comment-9415</guid>
		<description><![CDATA[Here is a report frm Zero Hedge regarding Kelantan&#039;s &quot;god experiment&quot;...


Malaysian Province Moves To Gold And Silver-Based Currency In &quot;Main Islamic Event Of The Last 100 Years&quot;
Tyler Durden&#039;s picture
Submitted by Tyler Durden on 08/17/2010 23:36 -0400

    Central Banks
    Iran
    Precious Metals
    Purchasing Power



More world governments are &quot;just saying no&quot; to the ponzi. Last week, the Malaysian government of Kelantan &quot;said it was introducing a new monetary system featuring standardised
gold and silver coins based on the traditional dinar and dirham coins
once used by the Ottoman Empire.&quot; And as everyone who has taken game theory 101 knows, the first defector wins the most, while the last one is left with nothing. A small province in Malaysia just made the critical first defection. The question now is who will be next... and next...and next.

The FT reports:

    Nik Abdul Aziz, the state’s chief minister, spoke in visionary terms of an economy in which state civil servants would be paid in the new sharia currency, and the poor would be protected against inflation by the intrinsic value of the precious metals used to produce it.

    About 1,000 shops and restaurants in the state have said they will accept the new currency, which follows an earlier issue of gold dinars in 2006. The coins comply with traditional Islamic teaching on the use of coins with intrinsic value as a medium of exchange, rather than paper money.

While having prior experience with Sharia-compliant debt issuance, Zero Hedge staff was unaware that it is against Islamic beliefs to endlessly dilute linen &quot;money&quot; in the way every central bank is doing now. One learns something new every day.

    The coins, minted to a specified weight and purity, are available in a range of denominations from half a dinar to eight dinars, and from one dirham to 20. At the current price of gold, one dinar is worth M$581($183) and one dirham is valued at M$13 ($5).

    The launch was lauded by the Muamalah Council, a campaigning organisation that seeks the peaceful introduction of an Islamist social and economic system. The council said it was “the main Islamic event of the last 100 years”.

This whole Sharia situation is troublesome: if the Islamic world, in retaliation for a possible Iran invasion or otherwise, decides to issue a fatwa against the usage of non-Sharia compliant forms of monetary exchange, watch what happens as the developed world wilts overnight. With the bulk of world commodity extraction arising from the Muslim crescent, and wholesale ban on using USD and EUR, a move already underway in Iran, would make for the second coming of von Havenstein very, very difficult.

Yet the Kelantan move may have some stumbling blocks prior to full implementation:

    The chief minister also admitted that there were “many technicalities” to be overcome before the scheme could be significantly extended. He did not explain why a switch to gold and silver coins would protect against fluctuations in the value of money, given that the US dollar price of gold has risen more than five fold in a decade.

    In spite of its small scale, the scheme may pay political dividends for the state government, which is run by PAS, an Islamist party that is in opposition in the national parliament. PAS is locked in a ceaseless struggle for control of Kelantan with the United Malays National Organisation, the main party in the federal government coalition, which also claims to represent Malay Muslims, the largest population group in Malaysia.

    Burnishing its Islamic credentials is unlikely to do PAS any harm. The only certain winner, though, is the gold market. Although small, the scheme will help to increase demand, pushing up prices even further.

And for those who think that the move is a regional hoax that is not being taken seriously by anyone, the Malaysian National News Agency Bernama notes that the repercussions of the &quot;move to gold-standard&quot; decision has reached the very top:

    Only Bank Negara Malaysia (BNM) can issue currency that is legal tender, said Prime Minister Datuk Seri Najib Tun Razak.

Unlike the US, where the Coinage Act of 1965 gives citizens the right to use refuse the usage of cash in transactions (and thus opt in for a different form of currency), Malaysia is not quite as liberal:

    Commenting on the Kelantan government&#039;s introduction of gold dinar and
    silver dirham as an alternative currency in the state, Najib said BNM
    would be looking into the matter to see if any laws had been broken.

    &quot;Follow the laws of the country, only Bank Negara is authorised to
    issue currency that is legal tender,&quot; he told reporters after handing
    over Ramadan aid to mosque and surau from the Pekan parliamentary
    constituency here Saturday.

    On Thursday, when launching the Syariah currency, Kelantan Menteri
    Besar Datuk Nik Abdul Aziz Nik Mat had said the state would strive to
    expand the use of the gold dinar and silver dirham in all transactions,
    including paying civil servants&#039; remuneration.

    However, he said there were still many technicalities that had to be
    addressed by the state government over the use of the currency.

    The New Straits Times in its front page today said BNM had stated that
    only it had the right under the law to issue currency in Malaysia.

If there is one thing we are sure about, is that any time the government steps in before a decision that has been taken by a clear majority, with the purpose of making life easier, the outcome is usually lethal, especially in volatile Islamic countries. Whether the transition from paper to a hard-backed currency will be the first spark in social upheavals as government slowly realize all their printer-induced leverage is slipping away, is still unknown. What is, however, is that many more will soon follow Kelantan&#039;s lead to abolish an endlessly dilutable thought experiment, which has no intrinsic value, and whose purchasing power is decimated by the minute, as hundreds of billions in new money are printed every month by the world&#039;s central banks. Yet perhaps, this is precisely the example that is needed for the world to realize that someone is actually willing to do more than just talk pointlessly about the transition to a gold standard, and actually is willing to risk enough by following through with it. What happens next is Ben Bernanke&#039;s worst nightmare. 
http://www.zerohedge.com/article/malaysian-province-moves-gold-and-silver-based-currency-main-islamic-event-last-100-years]]></description>
		<content:encoded><![CDATA[<p>Here is a report frm Zero Hedge regarding Kelantan&#8217;s &#8220;god experiment&#8221;&#8230;</p>
<p>Malaysian Province Moves To Gold And Silver-Based Currency In &#8220;Main Islamic Event Of The Last 100 Years&#8221;<br />
Tyler Durden&#8217;s picture<br />
Submitted by Tyler Durden on 08/17/2010 23:36 -0400</p>
<p>    Central Banks<br />
    Iran<br />
    Precious Metals<br />
    Purchasing Power</p>
<p>More world governments are &#8220;just saying no&#8221; to the ponzi. Last week, the Malaysian government of Kelantan &#8220;said it was introducing a new monetary system featuring standardised<br />
gold and silver coins based on the traditional dinar and dirham coins<br />
once used by the Ottoman Empire.&#8221; And as everyone who has taken game theory 101 knows, the first defector wins the most, while the last one is left with nothing. A small province in Malaysia just made the critical first defection. The question now is who will be next&#8230; and next&#8230;and next.</p>
<p>The FT reports:</p>
<p>    Nik Abdul Aziz, the state’s chief minister, spoke in visionary terms of an economy in which state civil servants would be paid in the new sharia currency, and the poor would be protected against inflation by the intrinsic value of the precious metals used to produce it.</p>
<p>    About 1,000 shops and restaurants in the state have said they will accept the new currency, which follows an earlier issue of gold dinars in 2006. The coins comply with traditional Islamic teaching on the use of coins with intrinsic value as a medium of exchange, rather than paper money.</p>
<p>While having prior experience with Sharia-compliant debt issuance, Zero Hedge staff was unaware that it is against Islamic beliefs to endlessly dilute linen &#8220;money&#8221; in the way every central bank is doing now. One learns something new every day.</p>
<p>    The coins, minted to a specified weight and purity, are available in a range of denominations from half a dinar to eight dinars, and from one dirham to 20. At the current price of gold, one dinar is worth M$581($183) and one dirham is valued at M$13 ($5).</p>
<p>    The launch was lauded by the Muamalah Council, a campaigning organisation that seeks the peaceful introduction of an Islamist social and economic system. The council said it was “the main Islamic event of the last 100 years”.</p>
<p>This whole Sharia situation is troublesome: if the Islamic world, in retaliation for a possible Iran invasion or otherwise, decides to issue a fatwa against the usage of non-Sharia compliant forms of monetary exchange, watch what happens as the developed world wilts overnight. With the bulk of world commodity extraction arising from the Muslim crescent, and wholesale ban on using USD and EUR, a move already underway in Iran, would make for the second coming of von Havenstein very, very difficult.</p>
<p>Yet the Kelantan move may have some stumbling blocks prior to full implementation:</p>
<p>    The chief minister also admitted that there were “many technicalities” to be overcome before the scheme could be significantly extended. He did not explain why a switch to gold and silver coins would protect against fluctuations in the value of money, given that the US dollar price of gold has risen more than five fold in a decade.</p>
<p>    In spite of its small scale, the scheme may pay political dividends for the state government, which is run by PAS, an Islamist party that is in opposition in the national parliament. PAS is locked in a ceaseless struggle for control of Kelantan with the United Malays National Organisation, the main party in the federal government coalition, which also claims to represent Malay Muslims, the largest population group in Malaysia.</p>
<p>    Burnishing its Islamic credentials is unlikely to do PAS any harm. The only certain winner, though, is the gold market. Although small, the scheme will help to increase demand, pushing up prices even further.</p>
<p>And for those who think that the move is a regional hoax that is not being taken seriously by anyone, the Malaysian National News Agency Bernama notes that the repercussions of the &#8220;move to gold-standard&#8221; decision has reached the very top:</p>
<p>    Only Bank Negara Malaysia (BNM) can issue currency that is legal tender, said Prime Minister Datuk Seri Najib Tun Razak.</p>
<p>Unlike the US, where the Coinage Act of 1965 gives citizens the right to use refuse the usage of cash in transactions (and thus opt in for a different form of currency), Malaysia is not quite as liberal:</p>
<p>    Commenting on the Kelantan government&#8217;s introduction of gold dinar and<br />
    silver dirham as an alternative currency in the state, Najib said BNM<br />
    would be looking into the matter to see if any laws had been broken.</p>
<p>    &#8220;Follow the laws of the country, only Bank Negara is authorised to<br />
    issue currency that is legal tender,&#8221; he told reporters after handing<br />
    over Ramadan aid to mosque and surau from the Pekan parliamentary<br />
    constituency here Saturday.</p>
<p>    On Thursday, when launching the Syariah currency, Kelantan Menteri<br />
    Besar Datuk Nik Abdul Aziz Nik Mat had said the state would strive to<br />
    expand the use of the gold dinar and silver dirham in all transactions,<br />
    including paying civil servants&#8217; remuneration.</p>
<p>    However, he said there were still many technicalities that had to be<br />
    addressed by the state government over the use of the currency.</p>
<p>    The New Straits Times in its front page today said BNM had stated that<br />
    only it had the right under the law to issue currency in Malaysia.</p>
<p>If there is one thing we are sure about, is that any time the government steps in before a decision that has been taken by a clear majority, with the purpose of making life easier, the outcome is usually lethal, especially in volatile Islamic countries. Whether the transition from paper to a hard-backed currency will be the first spark in social upheavals as government slowly realize all their printer-induced leverage is slipping away, is still unknown. What is, however, is that many more will soon follow Kelantan&#8217;s lead to abolish an endlessly dilutable thought experiment, which has no intrinsic value, and whose purchasing power is decimated by the minute, as hundreds of billions in new money are printed every month by the world&#8217;s central banks. Yet perhaps, this is precisely the example that is needed for the world to realize that someone is actually willing to do more than just talk pointlessly about the transition to a gold standard, and actually is willing to risk enough by following through with it. What happens next is Ben Bernanke&#8217;s worst nightmare.<br />
<a href="http://www.zerohedge.com/article/malaysian-province-moves-gold-and-silver-based-currency-main-islamic-event-last-100-years" rel="nofollow">http://www.zerohedge.com/article/malaysian-province-moves-gold-and-silver-based-currency-main-islamic-event-last-100-years</a></p>
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