Islamic State Finds Gold Coins Are a Steal as Throwback Currency - Bloomberg Business
- Forget the printing press. In readying for the rollout of Islamic State’s new money, goldsmiths and silver smelters have been toiling away.
The jihadist group on Saturday touted “the return of the gold dinar” in an hour-long video issued by the al Hayat media center, its media wing. Islamic State’s Shura Council last year tasked its Beit al Mal, or treasury, with minting the coins, which come in several denominations made of gold, silver and copper.
Too bad there is not enough gold in the world to replace all the current currency.