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<p>[QUOTE="medoraman, post: 1596574, member: 26302"]I have mentioned this before, but the Iranians right now are neither anti-dollar nor pro gold. They are importing gold from Turkey and other locales as a way around UN imposed sanctions. </p><p><br /></p><p>To argue their actions today has any other ramifications other than this is completely misses this fact. Take away UN sanctions and Iranian imports of gold drop back down to historical levels immediately. Btw, I am pretty sure a large amount of these gold imports are going back to the international market in barter situations, so this is not true gold "investment" anyway.</p><p><br /></p><p>The German issue is only one of ensuring proper accountability, a very German thing to wish for.</p><p><br /></p><p>As to Venezuela, it would be curious to see how much of the gold Chavez famously took out of London is still left. I will bet anyone on this board that when its all said and done Venezuela will be shown to own no gold anymore, all of it has been spent on social programs.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1596574, member: 26302"]I have mentioned this before, but the Iranians right now are neither anti-dollar nor pro gold. They are importing gold from Turkey and other locales as a way around UN imposed sanctions. To argue their actions today has any other ramifications other than this is completely misses this fact. Take away UN sanctions and Iranian imports of gold drop back down to historical levels immediately. Btw, I am pretty sure a large amount of these gold imports are going back to the international market in barter situations, so this is not true gold "investment" anyway. The German issue is only one of ensuring proper accountability, a very German thing to wish for. As to Venezuela, it would be curious to see how much of the gold Chavez famously took out of London is still left. I will bet anyone on this board that when its all said and done Venezuela will be shown to own no gold anymore, all of it has been spent on social programs.[/QUOTE]
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