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Looking at the promoted advertising for Zion Oil & Gas that has popped up on social media feeds in recent weeks, you might think the company was like any other firm drilling for oil in the Middle East. Click an image of a wellhead set against a facsimile of the Israeli flag, and you’ll arrive at the Zion website, with an offer to invest in “Israel’s Economic and Political Independence.” For $250 you’ll receive that amount of ZOG stock—publicly traded on OTCQX, a market for securities not listed

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