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/islam/ - 8kun Masjid

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3956df  No.30997

Salam aleikum, I've been watching some videos on riba and i'm interested seeing if any of you have ressources on islamic economics? This video really explained the 2008 crisis and how it could have been avoided if shariah was followed instead. Since the next crash is probably not far, I think it's important to learn about finance. I'm thinking in investing in gold, which will be the last standing currency. So if anyone here has some islamic economics books, pdfs, videos, websites ect.. feel free to contribute and thanks.

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eb4e2b  No.31002

>>30997

Walaikum as'salam. What I know about economics wouldn't half-fill a thimble. I recall some brothers here in the past able to talk about it, so have a bump.

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fae912  No.31004

This guy doesn’t talk about Islamic economics, but he makes a good case for investing in Silver instead of Gold. He is a “deist” and he mints his own overpriced silver, which I do not think is really as valuable as he claims it is. He tries to market to Christians mainly and says things to try to appeal to that audience, so take some of the things he says with a grain of salt. The case he makes for investing in silver is very solid though. I would suggest you buy government minted coins instead of the stuff he sells. Silver price is pretty low at the moment.

https://www.youtube.com/playlist?list=PLAC607AF992A840A8

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fae912  No.31005

>>31004

Also he tried to make it seem like the world economy is going to fall apart right around the corner. He started his youtube channel around 2011 when silver price was peaking around 38 bucks an ounce. Today it is around 14 bucks an ounce. There were a lot of people that watched his videos back then and went all in on silver, thinking they were going to get rich quick, and that the world economy was going to collapse any day. When the silver prices fell, some people lost a lot of their savings.

He sometimes tries to portray investing in silver as a get rich quick scheme, but it isn’t. It is a way to protect your wealth from inflation, just like investing in gold.

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3956df  No.31011

>>31004

Proof he's a deist?

>>31005

>Also he tried to make it seem like the world economy is going to fall apart right around the corner.

I think it will, another recession is overdue. Maybe 2018-2022.

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fae912  No.31015

>>31011

He says that he is a deist in some of his videos, I don’t remember which ones, he has lots of them. But at the same time he says things like “crypto mark of the beast” and he mints coins and bars with depictions of Jesus on them. He is a salesman, he knows the majority of people with disposable income in the US are Christians, so he markets to that audience. He is a libertarian constitutionalist with some lofty ambitions. He thinks he is going to be able to create some kind of separate community with its own currency after the economy collapses. There is no way the government is going to let something like that happen, which he doesn’t seem to take into account. His videos are good at pointing out the reasons to invest in Silver, but a lot of his other videos tend to keep repeating the same things over and over.

Noone can really predict when the crash will happen, but it will happen eventually. Now that Trump is president they have a good scapegoat for the crash. The media already has half of the country convinced Trump is colluding with Russia, even though US-Russain relations are at probable the lowest point in history.

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3956df  No.31016

>>31015

>He says that he is a deist in some of his videos, I don’t remember which ones, he has lots of them. But at the same time he says things like “crypto mark of the beast” and he mints coins and bars with depictions of Jesus on them. He is a salesman, he knows the majority of people with disposable income in the US are Christians, so he markets to that audience. He is a libertarian constitutionalist with some lofty ambitions.

I don't find anything indicating that. The thread isn't about him specifically but he claims to be muslim so we can't have bad assumptions about his intentions, are you sure your not mistaking him for another person?

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fae912  No.31017

>>31016

I am talking about the guy that made the videos that I linked, not the guy in your video or anyone else. I thought it would be better to include context with the videos I linked because he has some questionable motives.

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3956df  No.31019

>>31017

oh sorry, I thought you were saying that about the guy I posted, thanks for clarifying

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