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Title: Iran Gold Imports From Turkey Surge To $8 Billion YTD As Gold Increasingly Used As Currency
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URL Source: http://www.zerohedge.com/news/iran- ... old-increasingly-used-currency
Published: Sep 13, 2012
Author: Tyler Durden
Post Date: 2012-09-13 11:42:53 by christine
Keywords: None
Views: 88
Comments: 9
Iran Gold Imports From Turkey Surge To $8 Billion YTD - $3.2 Billion Worth Of Bullion In Q2 2012 Today’s AM fix was USD 1,731.00, EUR 1,352.77 and GBP 1,081.33 per ounce. Yesterday’s AM fix was USD 1,732.75, EUR 1,355.09 and GBP 1,082.63 per ounce. Silver is trading at $33.57/oz, €26.36/oz and £21.02/oz. Platinum is trading at $1,602.75/oz, palladium at $668.20/oz and rhodium at $1,025/oz. Gold fell $8.80 or 0.506% in New York yesterday and closed at $1,729.20. Silver closed in New York at $33.57 down 0.06%. Poster Comment: Here's why the U.S. will be attacking Iran. Turkey is buying oil from Iran and paying in gold rather than in U.S. dollars. That constitutes a "weapon of mass destruction" worthy of war.
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#1. To: christine (#0)
You've got that right. The U.S. attacked Iraq for much the same reasons. "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
NY Gold 1769.0 +35.3 +2.04 NY Silver 34.700 +1.408 +4.22 “The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
If somebody so much as puts down a gold coin for a quart of oil in Auto Zone then they'd better be looking over their shoulder for a U.S. drone......just ask Muammar Gaddafi how his "dinar strategy" worked out for him.
Turkey is buying oil from Iran and paying in gold rather than in U.S. dollars.
#2. To: BTP Holdings (#1)
from ino.com just now -
#3. To: christine (#0)
-Alex Kurtagic
#4. To: X-15 (#3)
An even bigger prob for Big Mo was his oil for Euros: put the two together, and the jew ordered his demise.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
#5. To: Lod (#2)
They were right about that Occupy Wall Street stuff. One of the big banks shorted silver for a million ounces, and it went down about $10/oz. NY Silver 34.700 +1.408 +4.22
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#6. To: X-15 (#3)
No more Muammar. ;) Iran is next on the Israelis hit list. But, it will not ba as simple as bombing the Osirak reactor in Iraq. The Bushear reactor is in a hardened concrete bunker. just ask Muammar Gaddafi how his "dinar strategy" worked out for him.
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#7. To: BTP Holdings (#6)
I hope that the Israeli "hit" on Iran blows up in their face, with lots of downed fighter-bombers and massive retaliation by Iran that wipes Israhell off the map. It'll be a day to rejoice when those yids get what they've got coming to them. Iran is next on the Israelis hit list. But, it will not ba as simple as bombing the Osirak reactor in Iraq. The Bushear reactor is in a hardened concrete bunker.
-Alex Kurtagic
#8. To: X-15 (#7)
Don't forget Israhell's stockpile of WMD. Specifically, nukes. They will make Iran glow like a candle. BTW, I knew a guy who was an Iranian Christian. When the Ayatollahs took over and kicked out the Shah, he found a sponsor and brought his family to America. I worked with him on the State Highway Dept. I know someone who went to his funeral. (They killed him with all those BS write-ups with the State.) He said his two daughters were "stoned foxes". ;) massive retaliation by Iran that wipes Israhell off the map.
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
#9. To: X-15 (#3)
When Gaddafi started that strategy of accepting gold dinars for oil, he signed his own death warrant. Anyone, no matter who, that tries to displace the dollar as the prmary means of payment for oil runs the risk of being taken out by their opposition. ask Muammar Gaddafi how his "dinar strategy" worked out for him.
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
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