http://economictimes.indiatimes.com...-gold-for-oil-for-now/articleshow/7238760.cms Slowly the gold standard is coming back to the world. If you dont buy gold now, get ready to lose your dollars through inflation.
They have plenty. After thieir purchases of large amounts from the Russians a couple of years back. They have also have been building thier military up. I am surprised they are using gold as a payment. Gold is the last thing you pay with unless it is a requirement of the deal. They should have traded diamonds for oil. Guess the Iranians got a good deal. Akuma
do not sensationalize news unnecessarily. This is only for the short term until they decide on the currency.
Sensationalized for sure. The first paragraph says it all. CONSIDERING settling payments in gold in the SHORT TERM before a currency can be decided on.
Iran officially became an Islamic republic on 1 April 1979, following the Iranian Revolution. Iran is a founding member of the UN, NAM, OIC and OPEC. The political system of Iran, based on the 1979 constitution, comprises several intricately connected governing bodies. The highest state authority is the Supreme Leader. Shia Islam is the official religion and Persian is the official language. I would like for you folks to listen to this video...yes all of it...you may not realize how it ends unless you listen... <object width="640" height="390"><param name="movie" value="http://www.youtube.com/v/Ib9rofXQl6w&hl=en_US&feature=player_embedded&version=3"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/Ib9rofXQl6w&hl=en_US&feature=player_embedded&version=3" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="390"></embed></object>