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November 11, 2009

Source: Enduring America

Video below:

One of the more dramatic rumours in the post-election crisis has been the Iranian Government has moved out $18.5 billion in gold to Turkey for “safekeeping”. It has emerged again during President Ahmadinejad’s stay in Turkey for the Organization of Islamic Cooperation meeting on economic issues. In his press conference, Ahmadinejad replied to a question from a BBC Persian correspondent:

I think first the press should think over the news and evaluate it. Now I ask, do you know how much space does $18.5 billion takes up. I hear that it was $8.5 billion Gold, do you know how many Lorries it takes to transfer this amount of money. Where are you going to get this much gold in one place? It is impossible to find this much of money in one place. It is normal to transfer $100’000 from one bank to another, it is very common. But I think this was more like propaganda and the press rumour.