A recent report in Economic Times, India, suggesting that India and Iran negotiating to settle their Oil and Gas transactions with Gold, for now.
"NEW DELHI: India is determined to ensure steady crude oil supplies from Iran and is even considering settling payments with gold in the short term before the two countries agree on a mutually accepted currency and a bank to clear the transactions".
read more... http://economictimes.indiatimes.com/news/news-by-industry/energy/oil--gas/india-iran-mull-over-gold-for-oil-for-now/articleshow/7238760.cms
For Investment and Asset Protection: "Gold is the Money of Kings, Silver is the Money of Gentlemen" Norm Franz
