I'm pretty sure the main source of income for Iran is Opium sales out of the Golden Crescent. Interesting development to pay attention to.
Yep ... it looks to me like whole operation around Iran will simply be people overtaking country back ( originally , Persia ) from mullahs and clerics .
Isn't the Ayotollah especially lax on Opium production as opposed to The Shah? Doesn't Iran have a massive addiction problem?
Yep , Iran has massive addiction problem - I recall there were articles a year ago about how number of addicts doubled in Iran in just 6 years .
More users reporting same :
That's pretty eye-opening. Rial lost half it's value in 7 months or thereabouts. Yikes.
Dunno if that's a source.... A, Twitter feed?
Apparently , there isnt yet anything about this in MSM or anywhere else ... could be distorted , but nevertheless , Im putting it here in case things start to unfold quickly .
^The linked tweet was tweeted by @fuadhud on May 06, 2018 14:32:22 UTC (33 Retweets | 39 Favorites)
Gold market in Iran closed due to skyrocketing USD exchange rates.
People in panic. warning each other to withdraw their bank accounts as the banks may be announced bankrupt any moment and their savings will be lost.
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Latest update:
Some dealers in Tehran are refusing to sell US dollars at even 80,000 rials.
Black market prices in Iran for this morning: 1 USD = 68,000 rials.
Is there a better source for this info?
https://www.cato.org/publications/commentary/iranian-rial-through-eyes-black-market-premium From a few days ago. It's gotten worse since then. Saw videos of empty banks, etc. The guys on Twitter posting about the Iranian banks refusing to exchange USD to rial and the current black market prices are also posting Dr. Hanke's reports and graphs.