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<p>[QUOTE=&quot;fatima, post: 1355664, member: 22143&quot;]It&#039;s been reported on Zerohedge today and on other news sites that the EU and the rest of the Western central banking world has moved to prevent the Iranian Central Bank from being able to buy and sell Gold.&nbsp;&nbsp; It&#039;s a curious move against a central bank when we have been told, officially, that gold is not money.&nbsp; Unofficially we are told that gold is &quot;just a commodity&quot; (some here believe this), gold is a relic of the past, modern society has no use for it.&nbsp; Yet here are the governments of the west moving to prevent gold sales/trades by the central bank of a sovereign country as an official sanction against that country.&nbsp;&nbsp; </p><p><br /></p><p>I won&#039;t get into the ramifications of this move except to state that it&#039;s a validation of the fact that central banks do indeed value gold and that it serves as the ultimate hedge against currency debasement and currency wars.&nbsp;&nbsp; It&#039;s also an indication, IMO, that gold supplies are tight and getting tighter.&nbsp;&nbsp; Take from this what you like, but my advice is never listen to their words, watch what they do, then do the same.&nbsp;&nbsp; </p><p><br /></p><p><br /></p><p>(now you know why Hugo Chavez got his gold out of London)&nbsp;&nbsp; Get yours while you can.[/QUOTE]</p><p><br /></p>

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