Honest Money: Iran and India push towards honest money

Gold Investment - 30 January 2012

News is out that Iran and India are dumping the U.S. Dollar in favour of precious metals such as gold. This comes after India has recently acquired oil from Iran and paid in gold, helping Iran to get around the sanctions imposed by the United States and Europe.

Call it currency wars or whatever tickles your fancy, but it is clear that the wind of change is blowing strongly towards honest money away from fiat currencies (non-redeemable paper notes, fiat paper money, electronic money, the Devil’s money, fiat currencies, toilet paper money, trash) such as the U.S. Dollar, which has about 5% of its original value left. Iran and India’s move to embrace precious metals such as gold in trade is a positive step forward, especially if one considers Russia and Iran’s recent move “…to replace the U.S. Dollar with the Ruble and the Rial clear during high level talks during the recent Shanghai Cooperation Organization (SCO) meeting” (Buy Gold: Russia and Iran to dump the U.S. Dollar, Gold Investment, 16 January 2012). Needless to say, the United States and its partners is not going to take any of it by sitting down, especially considering that they already went after Iraq, Libya and other countries who had similar plans in place. The only reason they’re not yet actively bombing Iranian citizens and infrastructure is because Iran has mighty friends such as Russia, China and India. It is highly unlikely that the elite controlling the world wants to create another full-blown world war, especially if one considers the threat of a nuclear war, perceived or real. This is why we are of the opinion that chances of them using the U.S Army (and other armies) to invade Iran at this stage are highly unlikely. However, as history has proven, their madness knows no boundaries. Like the case was with Germany, they will start another full-blown world war if the threat to their rule of terror or the status quo is threatened to any severe extent, perceived or real. History, modern and otherwise, has proven beyond a reasonable doubt that they are experts at making up lame excuses (and outright lies) for the absolute destruction of nations who stand in their way. Thus, it will be interesting to see how this fiasco with Iran is going to play out, especially given the fact that Iran is in turn not taking any of it sitting down. May the good guys win… so that the citizens of all nations upon the face of the earth enjoy the benefits of a system driven by honest money, especially in the form of gold, silver and copper coins.

Gold Investment welcomes Iran’s move to trade oil for gold. To blame them for doing so, not only shows a blatant disregard for honest money, but also a blatant disregard of a nation’s right to defend itself. Sanctions are after all an act of war, especially if it’s based on a perceived nuclear threat. Yes, the Elite has dumbed us down to quite an extent, but more and more eyes are opening to the fact that it is not the likes of Iran that poses a threat to world peace and prosperity. When was the last time Iran invaded a country based on a perceived threat or posed a threat? 

 

 Sponsored Ads

 

Gold Investment

[Most Recent Quotes from www.kitco.com]

Home Page
About Us
Contact Us
Gold News
Buy Gold: The gold rush in Nicaragua
Honest Money: Hugo Salinas Price tell it as it is
Buy Gold: Gold to officially replace U.S. Dollar as world reserve currency
Buy Gold: A breath of fresh air out of the mainstream
Krugerrands: The Krugerrand Scandal
What is gold?
Why invest in gold?
Buy Anonymously
Divisible
Effective Portfolio Diversifier
Estate Duty Free
Full Control
Internationally Accepted
Liquidity and Portability
Low Risk Investment
Perfect Gift / Reward
Positive Track Record
Rand Hedge
Real Purpose
Rust Free
Stable Market
Tax Free
USD Hedge
Books for Sale
Factors to consider when investing in gold
Authorised Gold Dealers
Collector's Value
Direct or Indirect investment in gold?
Gold Price
Gold Purity and Weight
Gold Storage
Depositories
International Bank Vaults (IBV)
Knox Titanium Vault Company (Knox)
Reserve Holdings
How much should I invest in gold?
Direct Ways to Invest in Gold
Gold Bullion
Gold Bullion Coins
Why invest in Gold Bullion Coins (Gold Coins)?
Krugerrands
Gold Bullion Bars (Gold Bars)
Why invest in Gold Bullion Bars (Gold Bars)?
What's the best way to invest in gold bullion bars (gold bars)?
Indirect Ways to Invest in Gold
Gold Exchange-Traded Funds (GETFs)
Why invest in Gold Exchange-Traded Funds (GETFs)?
NewGold Gold Bullion Debentures (NewGold)
Why invest in NewGold?
NewGold Investment Plan
N.A.V. per NewGold Unit / Security
Gold Shares
Why invest in Gold Shares?
Risks Attached to Investing in Gold Shares
Gold Mining Companies
Why is it not advisable to go outside the JSE when investing in Gold Shares?
Categories: Gold Shares or Gold Mining Shares
List of JSE-listed Gold Mining Companies in South Africa
AngloGold Ashanti Limited (ANG)
Central Rand Gold Limited (CRD)
DRDGold Limited (DRD)
Great Basin Gold Limited (GBG)
Gold Fields Limited (GFI)
Gold One International Limited (GDO)
Harmony Gold Mining Company Limited (HAR)
Simmer and Jack Mines Limited (SIM)
Village Main Reef Gold Mining Co Limited (VIL)
Witwatersrand Consolidated Gold Resources Limited (WGR)
Gold Unit Trusts
What are Unit Trusts?
Gold Unit Trust Management Companies
Old Mutual Unit Trust Managers
Stanlib
Refer a Friend
Privacy
Links
News Archive
News Archive 2012
News Archive 2011
News Archive 2010
News Archive 2009
Site Map