Why is Iran’s President Grinning? Because He Just Got the Gold
If you held an election for the world’s happiest person, chances are that Hassan Rouhani, Iran’s President, wouldn’t win. Richard Simmons would probably edge him out.
Yet Rouhani has recently sprouted a big wide smile. This guy looks positively giddy. Why? Because he just took delivery of 13 tons of gold, worth about $485 million, that was being held in South Africa until sanctions against his country were lifted. Nuclear talks were progressing nicely, sanctions were eased, and our man Hassan in Teheran got his gold.
Iranian President hassan rouhani, courtesy of frontpagemag(dot)com.
Why did he want that gold? For one thing, his country already owned it and he was only waiting for it to be delivered. For another, he wanted to deposit the gold in his central bank, where it could back his country’s currency. (Some countries, including Iran, still use precious metals like gold and gold bullion to back up their currencies, remember?) So there is no doubt that gold has a positive effect. It can even make grim-faced Iranians smile.
How Will Gold Make You Financially Secure?
Gold makes different people smile for different reasons. It’s making Rouhani grin because he’ll use gold to cushion his country from recessions, depressions and other economic calamities. And do you know what? Gold can give you a similar level of security too.
Set Up a Specialty Metals Pool Account and You’ll Be Smiling Too
If you are interested in long-term financial security too, we invite you to give us a call. We are now offering the Specialty Metals Smelters and Refiners Pool Account that lets you recycle your gold and other precious metals today with us and take payment only when trading prices reach a level that you specify.
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Lock in Future Gold Price Increases Today… Why a Specialty Metals Pool Account Could Be Your Best Investment Today