Forex and the Islamic True Believer http://www.forexconspiracyreport.com/forex-and-the-islamic-true-believer/ It is said that when the fighters of the Islamic State of Iraq and the Levant entered Mosul they robbed the banks first. Then they proceeded to take over every oil field that they could. Now that they are in charge reports tell us that the fighters of the Islamic State are angry young men from various parts of the Muslim world. They have none of the skills needed to govern or even keep the lights on or even manufacture toilet paper. So they have had to tolerate technicians to run the city of Mosul as they execute or expel non-believers. The point of this for those interested in history and foreign currency exchange rates is that you need money to pay an army and maintain control of your conquests. That is why the Islamic State went after the banks and then the oil fields. The angry young men are another issue. They are True Believers in a unique sense. Eric Hoffer and the True Believer Eric Hoffer was a longshoreman who worked up and down the California coast during the Great Depression. He only learned to read and right properly in his 40’s. However, he was a very bright and observant man who proceeded to write several books. The best known is entitled The True Believer. This book was Hoffer’s analysis of mass movements such as Communism, National Socialism and early Christianity (Lenin/Stalin, Hitler, Jesus of Nazareth). He called the young men who were attracted to these movements, true believers. He described them as believing that their lives had been spoiled and being susceptible to the arguments of persuasive men like Adoph Hitler. Joining a mass movement such as the Nazi party (or Communism or early Christianity) gave these men a sense of identity and purpose. It made little difference which movement they joined so long as they had a task and a sense of purpose.

1. BY
WWW.FOREXCONSPIRACYREPORT.COM
Forex and the
Islamic True Believer
What Do These Symbols Have to Do With Forex?
Read about the True Believer and Forex.

2. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
It is said that when the fighters of the Islamic
State of Iraq and the Levant entered Mosul
they robbed the banks first.

3. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Then they proceeded to take over every oil
field that they could.

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5. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Now that they are in charge reports tell us
that the fighters of the Islamic State are
angry young men from various parts of the
Muslim world.

6. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
They have none of the skills needed to
govern or even keep the lights on or even
manufacture toilet paper.

7. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
So they have had to tolerate technicians to
run the city of Mosul as they execute or
expel non-believers.

8. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
The point of this for those interested in
history and foreign currency exchange
rates is that you need money to pay an
army and maintain control of your
conquests.

9. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
That is why the Islamic State went after the
banks and then the oil fields.

10. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
The angry young men are another issue.
They are True Believers in a unique sense.

11. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Eric Hoffer and the True Believer

12. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Eric Hoffer was a longshoreman who worked
up and down the California coast during
the Great Depression.

13. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
He only learned to read and right properly in
his 40’s.

14. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
However, he was a very bright and
observant man who proceeded to write
several books.

15. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
The best known is entitled The True
Believer.

16. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
This book was Hoffer’s analysis of mass
movements such as Communism,
National Socialism and early Christianity
(Lenin/Stalin, Hitler, Jesus of Nazareth).

17. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
He called the young men who were attracted
to these movements, true believers.

18. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
He described them as believing that their
lives had been spoiled and being
susceptible to the arguments of
persuasive men like Adoph Hitler.

19. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Joining a mass movement such as the Nazi
party (or Communism or early Christianity)
gave these men a sense of identity and
purpose.

20. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
It made little difference which movement
they joined so long as they had a task and
a sense of purpose.

21. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Hitler said, in fact, that his best source of
recruits for the National Socialist Party
was the pool of men who were Young
Communists.

22. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Although the two groups espoused opposite
views of how the world should work the
dynamic of being a member was the same
for each, unflinching loyalty and
acceptance of all orders given.

23. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Now fast forward sixty years (or two
thousand) and we see the true believer of
the Islamic world attracted to the Islamic
State of Iraq and the Levant even though
their tasks include robbing banks, taking
control of oil fields and executing innocent
people.

24. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
But, what does this have to do with Forex
strategies for the Forex trader?

25. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
The point is that the conquests cannot go on
forever and someone needs to pick up the
pieces and make sure that the lights stay
on.

26. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Later Phases of Mass Movements

27. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
There was no Christian church in the
beginning but people with like beliefs
eventually organized and the bureaucrats
largely took over.

28. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
Likewise, Lenin died and so did Stalin and
then the managerial class of the Russian
empire ran the show.

29. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
The same will happen with the Islamic State.

30. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
In the end the bureaucrats and technicians
will run things.

31. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
If these folks are successful they will need a
currency and need to trade with the rest of
the world.

32. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
They will need people experienced in trading
currencies and trading their new Islamic
State currency will provide profits for those
who analyze and trade wisely.

33. HTTP://WWW.FOREXCONSPIRACYREPORT.COM/FOREX-AND-
THE-ISLAMIC-TRUE-BELIEVER/
In the meantime anyone in nearby countries
should think seriously about safe haven
currencies until things settle down.