BREAKING NEWS: INDIA TO BUY IRAN OIL IN GOLD; NOT DOLLARS
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Uploader Comments (ScrapGoldBusiness)
All Comments (33)
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Oh shit. Some country, somewhere, is going to get bombed. Probably not India, though.
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@Nemesis1ism you hit the nail dude
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diamond is a commodity stupid!! gold has always been the currency of choice for all traders in times of instability of world currencies!! The move by iran may signal the end of the US dollar and EURO. because with their financial system they can make a country poor in 24 hours which does not reflect the reality!!!!!!!!!!!!!!!1
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Playmoney Vs. Gold let me think . I will take the Gold thank you vary much. The USA is scarred of Gold since the britts cleaned out fort knox.
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Go india.
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According to Bloomberg, China has ordered at least 2 supertankers of oil from Iran...Sanctions don't work, and neither does war.
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@pr4runner i dont think you can melt stones into something useful...yet I maybe wrong
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@ScrapGoldBusiness Very True, I agree with you 100% ...diamonds are really worthless, the are abundant ...,you lose close to 50% if you buy a diamond and try n sell it the very next day...
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gold price already rising... stay on the train guys we are going to the next city
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And isn't the mainstream media staying typically silent on this rather important development?
I heard China is considerring a similar deal with Iran and that Russia has negotiated an oil trading deal with Iran using "local currencies".
Attempts to usurp the international petro-dollar (US Dollar) with other currencies and/or means of exchange had a lot to do with both Saddam's and Gaddafi's downfall; This is very important news!
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Great to know about India buying oil with gold. What about diamonds? I know that they are used a lot in industry. Why not diamonds? What do you do, ie how do you sell the diamonds after you melt? I don't know the answer & would be by your humble opinion. Thank you Greg.
pr4runner 1 month ago
@pr4runner
IMHO DIAMONDS ARE WORTHLESS. GOLD IS RECOGNIZABLE AND DIAMONDS ARE JUST A GIRLS BEST FRIEND.
GREG
ScrapGoldBusiness 1 month ago