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IS has big plans for gold currency

As the Islamic State challenges the US dollar by rolling out its own currency, some experts say the coinage will not catch on.

CAIRO — The Islamic State is declaring financial war on the United States.

Al-Hayat Media Center, which is affiliated with IS, recently broadcast a big-budget film titled “The Rise of the Caliphate: Return of the Gold Dinar.” In the film, aired Aug. 29, IS talks about destroying the US dollar by excluding it from international financial transactions and replacing it with gold, silver and copper.

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