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Pan American Metals of Miami says India and China Plan to use Gold to Buy Iranian Oil |
January 25, 2012
India is to pay for Iranian oil with gold, and it seems that China will soon follow suit.
1888PressRelease - MIAMI, FL - India and China together account for 40% of Iran's oil exports. Using gold, rather than dollars, would allow these two major economies to bypass an upcoming freeze on the assets of the cen [...]
http://www.1888pressrelease.com/pan-american-metals-of-miami-says-india-and-china-plan-to-us-pr-368440.html
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