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It is my honest hope that this is wrong and overblown. But pressure on Russia and Iran is inevitable at this juncture.
IRAN
FINANCIAL SYSTEM COLLAPSING; GOLD TRADING HALTED
6
May, 2018
IRAN
CLOSED ITS GOLD TRADING MARKET ON SUNDAY, MAKING IT IMPOSSIBLE FOR
CITIZENS TO PURCHASE BULLION.
MORE:
Iran currency collapsing against US Dollar; Banks in Qoms allegedly
now "belly-up" - Iranians in panic as life savings possibly
wiped out by failing banks.
From
direct sources inside Iran:
Source
1: "Gold market in Iran closed due to skyrocketing USD exchange
rates."
Source
2: "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."
Source
3: "Everyone thought because Iran dropped the USD that it would
be the US which suffered, but looks like that's not so."
UPDATE
10:02 PM EDT --
Source
2: "Reports that many banks in Qom, Central Iran, had already
gone bankrupt"
This is from Twitter- I have no idea of who the tweeter is other than he describes himself as a 'human rights activist' who writes for al-Arabiya among other publications, so....
May 6 - Currency update
Tehran, #Iran
Sources say US dollar is priced at 70,000 & even 80,000 rials in some locations.
There are stores that no longer accept Iranian currency for their goods.
6 days to Trump's #IranNuclearDeal deadline
May 6 - Currency update
Qom, central #Iran
Source says many banks are bankrupt & a number of Bank Sepah branches have merged.
May 6 - Currency update
Mashhad, NE #Iran
Gold market closed due to skyrocketing US dollar rates.
People warning each other to withdraw their banks accounts as the regime may claim the banks are bankrupt & steal their savings.
6 days to Trump's #IranNuclearDeal deadline
The empty Bank Saderat (Export) Iran branch in this video is in the most crowded part of Qom during rush hour.
@ThomasWictor
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