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Iran Accepts Payment in Gold to Get Around Sanctions

Iran Accepts Payment in Gold to Get Around Sanctions

Yet another reason the US government hates gold, unlike dealing with paper money in bank accounts, there is no way they can stop international trade in gold and it is difficult to track gold movements.

SATURDAY, NOVEMBER 24, 2012

WSJ reports:

Turkey on Friday acknowledged that a surge in its gold exports this year is related to payments for imports of Iranian natural gas, shedding light on Ankara's role in breaching U.S.-led sanctions against Tehran

Read more: http://www.economicpolicyjournal.com/2012/11/iran-accepts-pa...