Gold: Iran, China & India. Any truth in it?

bluepaul

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I read a report this morning that China and India were going to pay for oil from Iran in gold. Is this true?

Thanks
 
Everything is possible in this delicate situation of Iran, which just announced that they stop selling oil to France & Britain and it means that Iran's neighbors will be its main customers for the oil. They might pay Iran in gold or in other ways, in order to avoid great loses that caused by the volatility of the currencies.
 
i read on huffington post that the iranians have for a while only been taking gold as payment for their oil.
 
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