Announcement
Collapse
No announcement yet.
Iran:- We take Gold for Oil
Collapse
X
-
Re: Iran:- We take Gold for Oil
I don't think anyone is going to give them Gold for Oil. China should be able to balance their trade with Iran and may only have to settle s small percentage of trade in Yuan/Gold/Infrastructure etc.
India may try to sell it's products but don't think they will be successful - India can face problem.
If Iran bids for Oil in Gold, Gold markets will crash and Gold will skyrocket. I don't think it can happen or "will not be allowed to happen" by every Govt.
Comment