Jihadis Loot $429m from City's Central Bank to Make Isis World's Richest Terror Force

[Beefsquatch]

Passive aggressive much?

News flash: none of Iraqs neighbours want the ISIS to be in power. They won't accept the money from them. Shocking, I know!

But hey, call me ignorant again if it makes you feel better.

If you truly believe someone out there with a fat wallet won't buy their gold...well..idk what to say.

[lockedout]

Passive aggressive much?

News flash: none of Iraqs neighbours want the ISIS to be in power. They won't accept the money from them. Shocking, I know!

But hey, call me ignorant again if it makes you feel better.

You're thinking small. You think people on the street are buying it, this is at a state level. "Won't accept money from them" lol ok sure.

[Hooked]

ISIS is like al-Qaida on steroids. This is actually pretty friggin scary.

[v2prwsmb45yhuq3wj23vpjk]

If you truly believe someone out there with a fat wallet won't buy their gold...well..idk what to say.

I can actually think of several reasons why a prospective buyer wouldn't want the gold. Their gain is that they could buy it for substantially less than they could sell it on a more legitimate market for, but at the same time, they would need to process the gold in a way that disguised where they got it. The also would have to deal with the fact that they'd be funding ISIS, and I'm not sure people in the region who wouldn't already be funding them would want to do that, simply because they represent a threat to them.

[Keltas]

Imagine how many steam games you could buy with that.

Half of train simulators DLC, maybe a little less.

[Hooked]

I can actually think of several reasons why a prospective buyer wouldn't want the gold. Their gain is that they could buy it for substantially less than they could sell it on a more legitimate market for, but at the same time, they would need to process the gold in a way that disguised where they got it. The also would have to deal with the fact that they'd be funding ISIS, and I'm not sure people in the region who wouldn't already be funding them would want to do that, simply because they represent a threat to them.

So much gold passes hands in the middle east its a guarantee they wont have a problem getting rid of it. They don't wear 14k either, they only have the good 18-22k jewelry. So some jewelry shop will just melt it down and make jewelry out it.

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wonder how many other banks they have looted now, besides the one where they got 429 million. Iraq has a lot of money, Im guessing ISIS will have billions of terrorist dollars when all is said and done.

[obdigore]

wonder how many other banks they have looted now, besides the one where they got 429 million. Iraq has a lot of money, Im guessing ISIS will have billions of terrorist dollars when all is said and done.

What is the conversion rate for 'terrorist dollars' to the petrodollar?

Seriously though... if Iraq was using gold backed currency (and it seems they were), wouldn't they be storing all that gold in a couple secure (or not, apparently) places? Without being able to loot actual resources, I have doubts the scraps of paper that ISIS (I'm still waiting for it to turn out to be Archer and Lana doing this) has been looting are going to be worth much.

[Hooked]

What is the conversion rate for 'terrorist dollars' to the petrodollar?

Seriously though... if Iraq was using gold backed currency (and it seems they were), wouldn't they be storing all that gold in a couple secure (or not, apparently) places? Without being able to loot actual resources, I have doubts the scraps of paper that ISIS (I'm still waiting for it to turn out to be Archer and Lana doing this) has been looting are going to be worth much.

They are a 3rd world country recovering from many wars. They probably just put the money in the safest place they can find at the moment.

[Tierbook]

USA should have never entered Irak. Yes, Saddam was a dictator, but he was kept in his country. In time, with the Arab summer, people would have revolted and he probably would have given them more rights. Yet now... Irak is worse then it was in his reigns and extremist terrorist organizations have taken hold of parts of it, and they'll be spilling out to neighbouring countries soon. The militia/military of Irak is not doing their job and USA is leaving, not willing to help Irak fix this issue they (USA) have caused.

Sadam wasn't kept in his country..... you realize the first time we went to the ME was because he invaded Kuwait right..... they also went to war with Iran once.

[Hooked]

Sadam wasn't kept in his country..... you realize the first time we went to the ME was because he invaded Kuwait right..... they also went to war with Iran once.

Not to mention he was bombing the shit out of the protected kurds every chance he got. He violated the no fly zone constantly.

[Mormolyce]

ISIS is like al-Qaida on steroids. This is actually pretty friggin scary.

They were a branch of A-Q, they just got powerful enough that their leader publicly broke away from them.

Ie, infighting and opportunistic power grabs.

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Sadam wasn't kept in his country..... you realize the first time we went to the ME was because he invaded Kuwait right..... they also went to war with Iran once.

Mmm, what he said was true at the time of the Iraq War though. As a regional power, Iraq was spent.

[obdigore]

They are a 3rd world country recovering from many wars. They probably just put the money in the safest place they can find at the moment.

I'm not disputing that. I'm suggesting that regardless of the amount of other banks in cities that ISIS controls, and how much looting they are doing, they aren't going to find a lot more resources that they can use to accumulate money. I have doubts other banks (afaik this was THE central bank. It's like if some terrorist group in the US took over fort knox.) have a large reserve of gold or other easily (relatively) sold/traded commodities.

[MetroStratics]

Once a Muslim group reaches 100% decadence it falls apart from the inside out.
This happens in Crusader Kings 2, and it will likely happen here.

Hopefully the smart ones among them get out before its too late for them.