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Title: Iran Gold Imports From Turkey Surge To $8 Billion YTD As Gold Increasingly Used As Currency
Source: [None]
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: 103
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%.

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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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Begin Trace Mode for Comment # 2.

#1. To: christine (#0)

Turkey is buying oil from Iran and paying in gold rather than in U.S. dollars.

You've got that right. The U.S. attacked Iraq for much the same reasons.

BTP Holdings  posted on  2012-09-13   16:56:48 ET  Reply   Untrace   Trace   Private Reply  

from ino.com just now -

NY Gold 1769.0 +35.3 +2.04

NY Silver 34.700 +1.408 +4.22

Lod  posted on  2012-09-13   17:14:12 ET  Reply   Untrace   Trace   Private Reply  

#5. To: Lod (#2)

NY Silver 34.700 +1.408 +4.22

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.

BTP Holdings  posted on  2012-09-15 13:35:50 ET  Reply   Untrace   Trace   Private Reply  

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