
“In Syria’s northern metropolis, as across the Middle East, those who can afford to have traditionally invested in jewellery for their womenfolk, especially gold, to ward against a rainy day. As daily clashes between troops and rebels fighting to oust President Bashar al-Assad have brought a devastating halt to all normal economic activity, the trade in precious metals has boomed as people struggle to make ends meet. Two years of devastating conflict have sent the Syrian pound into freefall and, for those with any money, gold is a popular refuge to maintain the value of their savings.”
http://www.rawstory.com/rs/2013/04/01/gold-trade-booms-in-war-torn-syria/
Related posts:
Peter Schiff: Anti Money Laundering Regulations Costing American Jobs
NSA spying allegations mean U.S. could provide ‘virtually unlimited’ info on citizens to allies
3D technology brings medieval books to life
Homeland Security tracks down 400-page diary of Nazi leader and Hitler aide
Angela Merkel approves Germany's first minimum wage
California Democrats' blueprint for the election: 'Go left'
4 police officers arrested for performing rectal searches
U.S. lets South Korea expand missile range to cover North
Startup Seeks To Replace College Debt With Tech Apprenticeships
Greeks awake to shuttered banks on day after voters reject austerity
Manny Pacquiao prefers to fight in China because of high U.S. taxes
John Kerry says North Korea conditions for talks ‘unacceptable’
Libyan-American Rapper Khaled M Removed From Plane, Detained
Swiss central bank fights to block public vote on gold backing
The 20 hottest real estate spots in the world