NEW YORK, 24 June 2015 – Exclusive comment and analysis from BullionVault is published today by TheStreet.com, the popular personal finance sites launched by US fund manager and celebrity trader, Jim Cramer.
Examining news that the self-declared Islamic State in Syria and Iraq is minting gold, silver and copper coins, "Occupying armies can't build social credit with the people they crush," writes Adrian Ash, head of research at BullionVault in London, and "conquering kings can't pay their troops with paper or token money only recognized by shopkeepers back in the homeland.
"Bullion coins offer an answer. Because whatever intrinsic worth you might (or might not) put on physical gold and silver, any coin made of precious metal will surely hold some value no matter where you find yourself waving a sword."
To read Adrian's full analysis, go to TheStreet here:
Islamic State's New Dinars Help Take Its 'Caliphate' Back to Dark Ages
