Iranian Gold Rush

As national currency plunges

Bloomberg -- Iranians are rushing to buy gold and dollars, sending the national currency plunging, on concern the government may be unable to maintain economic stability as international sanctions tighten. State television this week showed lines of people camped out overnight in front of state banks, with sleeping bags and blankets, saying they were waiting to buy gold coins. The central bank cut off their supply as of Dec. 20 and said it’s imposing a more “just distribution” system. Under the new rules, gold paid for now will be delivered four months later, according to the state-run Mehr news agency >>>

from mardomak.net
26-Dec-2011
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vildemose

گویند تنها

vildemose
Mon Dec 26, 2011 01:00 PM PST

گویند تنها کالایی که بعد از انقلاب تورم رو آن نقشی نداشته و گران نشده مواد مخدر... بوده چه بسا روز به روز ارزان تر توسط حکومت در بین ما جوانان ایران توزییع میشود.و ی مل

 

“It’s not enough that faith claims to be the solution to all problems,” he wrote in Slate in 2009 after a Danish newspaper apologised for publishing cartoons of the prophet Muhammad. “It is now demanded that such a preposterous claim be made immune from a


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KingReza

4 months from now?

by KingReza on Mon Dec 26, 2011 09:12 AM PST

So it's offical now. They said it themselves: IR has four months and then it's done. Live through 2011 maybe, but 1390...


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default

...

by Hooshang Tarreh-Gol on Mon Dec 26, 2011 04:41 PM PST

Who knows, who cares.

Tis was the day after christmas, and the noose was getting tighter.

Seize The Day

//www.youtube.com/watch?v=wFCI6U-GE0Q


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vildemose

Mr. gol:   Why $2000 and

by vildemose on Mon Dec 26, 2011 07:55 AM PST

Mr. gol:   Why $2000 and not $1800. What needs to happen for the dollar to get there???

 

“It’s not enough that faith claims to be the solution to all problems,” he wrote in Slate in 2009 after a Danish newspaper apologised for publishing cartoons of the prophet Muhammad. “It is now demanded that such a preposterous claim be made immune from a


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default

A mutilple choice quizz on currency and IR?

by Hooshang Tarreh-Gol on Mon Dec 26, 2011 07:51 AM PST

When one dollar goes for 2000 tomans:

A) Iranian economy has collapsed

B) IR is overthrown.

C) Both


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Roozbeh_Gilani

This economic near collapse.....

by Roozbeh_Gilani on Mon Dec 26, 2011 07:36 AM PST

happened only because UAE suspended banking transactions with Iran for a few days! Just imagine the chaos when regime's central bank is sanctioned....

And regime's response? Selling Iran's oil at $30/barrel below the market value through guess who....dealers at UAE !!!!!!!

"Personal business must yield to collective interest."


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Parham

خدا از دهنت

Parham
Mon Dec 26, 2011 06:34 AM PST

خدا از دهنت بشنفه جوون


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Maryam Hojjat

End of IRI/IRr is near

by Maryam Hojjat on Mon Dec 26, 2011 05:08 AM PST

lets' be hopeful for 2012.


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