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BRKNG: Iran Rial Implodes By 20% In One Day!!!

 
DL
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10/01/2012 10:48 AM

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BRKNG: Iran Rial Implodes By 20% In One Day!!!
Iranian clerics' attempts to curb speculation in the Rial and stabilize the currency appear to have backfired as the un-official (real) Rial rate traded as low as 34,250 Rial to the USD this morning - a massive 20% plunge.

[link to www.zerohedge.com]
DL (OP)

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10/01/2012 10:49 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Keep taking it up the ass Iran... You're really good at it.

dasbier
Lime Flavoured Redux

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10/01/2012 10:52 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


damned
Anonymous Coward
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10/01/2012 10:53 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Lol.
Ha Kohane

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10/01/2012 10:55 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Keep taking it up the ass Iran... You're really good at it.

dasbier
 Quoting: DL


such a sick monkey you are.byekitty
Machine42

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10/01/2012 10:55 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Anonymous Coward
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10/01/2012 10:57 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
J E W mad?
Anonymous Coward
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10/01/2012 11:01 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


damned
 Quoting: Lime Flavoured Redux


Shit just got rial.
Anonymous Coward
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10/01/2012 11:01 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
J E W mad?
 Quoting: Anonymous Coward 24709048


lmao
Lady Jane SmithModerator
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10/01/2012 11:03 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


A dramatic currency move like that -- yes, something is bearing down fast for people to be exchanging such large sums of a specific currency.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Saddletramp
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10/01/2012 11:04 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


I have to agree with Trinity here, this attack on their currency will have farther reaching implications than any of our supposed "sanctions" on them.

By destabilizing their currency, and threatening the entire regime in Iran in the process, we're attempting to force them to attack us it appears...

Last Edited by Saddletramp on 10/01/2012 11:04 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Lady Jane SmithModerator
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10/01/2012 11:04 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


damned
 Quoting: Lime Flavoured Redux


Shit just got rial.
 Quoting: Bovril


Good one!

1rof1
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
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10/01/2012 11:05 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Shit just got rial.
 Quoting: Bovril


rimshot
-GooGooFlexy-

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10/01/2012 11:07 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!

-GooGooFlexy-
Anonymous Coward
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10/01/2012 11:07 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Bring in the central bank!
Machine42

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10/01/2012 11:07 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


I have to agree with Trinity here, this attack on their currency will have farther reaching implications than any of our supposed "sanctions" on them.

By destabilizing their currency, and threatening the entire regime in Iran in the process, we're attempting to force them to attack us it appears...
 Quoting: Saddletramp


Or force them to try to close the "Strait Of Hormuz"?
Saddletramp
We Don't Rent Pigs...

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10/01/2012 11:08 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


I have to agree with Trinity here, this attack on their currency will have farther reaching implications than any of our supposed "sanctions" on them.

By destabilizing their currency, and threatening the entire regime in Iran in the process, we're attempting to force them to attack us it appears...
 Quoting: Saddletramp


Or force them to try to close the "Strait Of Hormuz"?
 Quoting: Machine42


Which the western nations will regard as an attack on their economies...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
RDprofessor

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10/01/2012 11:09 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
that is only the "exchange rate", which
is meaningless to the Iranian IN Iran.
Machine42

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10/01/2012 11:10 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Is it going to stay down? come back up or keep going down?
gebahie

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10/01/2012 11:10 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
They should link their currency to gold or oil to stop the inflation....
Machine42

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10/01/2012 11:11 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
that is only the "exchange rate", which
is meaningless to the Iranian IN Iran.
 Quoting: RDprofessor


How is it meaningless when your currency is worth less against other currencies?
Saratonin

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10/01/2012 11:13 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


^ This
My Blog - [link to blog.emergencyoutdoors.com]
Online Survival Store - [link to www.emergencyoutdoors.com]
Heirloom (Non-GMO) Survival Seeds - [link to www.emergencyoutdoors.com]
Anonymous Coward
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10/01/2012 11:15 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
Bring in the central bank!
 Quoting: Anonymous Coward 11677814


Such a sweet, simple reminder of what this is all about =)
Sledster

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10/01/2012 11:16 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
that is only the "exchange rate", which
is meaningless to the Iranian IN Iran.
 Quoting: RDprofessor


I agree.

Iran isnt importing much using the dollar as an exchange vehicle because they arent exporting their oil to petro-dollar nations.

Stands to reason they arent paying more Rial for the same goods.
I'm tired of waiting, somebody push the damn button already!

Please ignore the German flag, I am an American.

Keep your 72 virgins, give me one old biker chick.
Anonymous Coward
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10/01/2012 11:16 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
that is only the "exchange rate", which
is meaningless to the Iranian IN Iran.
 Quoting: RDprofessor


Umm...what? Importing and exporting gets more expensive for that currency which drives prices of the goods up for the average person in Iran. This is like the most basic level of economics...like elementary.
Lady Jane SmithModerator
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10/01/2012 11:24 AM

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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
that is only the "exchange rate", which
is meaningless to the Iranian IN Iran.
 Quoting: RDprofessor


Umm...what? Importing and exporting gets more expensive for that currency which drives prices of the goods up for the average person in Iran. This is like the most basic level of economics...like elementary.
 Quoting: Anonymous Coward 760726


^^^That^^^^

Iran imports a lot -- especially food. This will be felt strongly by the Iranian populace. It is like inflation just shot up 20% overnight for many basic things. This will be reflected in the price tags within a couple weeks.

Last Edited by Lady Jane Smith on 10/01/2012 11:25 AM
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Krazy Effin Ivan
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10/01/2012 11:26 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
No worries, Obama will flaot his Bros another loan.
Anonymous Coward
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10/01/2012 11:27 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


I have to agree with Trinity here, this attack on their currency will have farther reaching implications than any of our supposed "sanctions" on them.

By destabilizing their currency, and threatening the entire regime in Iran in the process, we're attempting to force them to attack us it appears...
 Quoting: Saddletramp


ohyeah

the ball is in their court now

popcorn
newworldnew
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10/01/2012 11:32 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
This week shit hits the fan. Irans currency will be worthless, then they will FUCK THE WORLD. It's kind of like being bullied then one day the dude fights back and knocks the bully OUT COLD. Except CHINA AND RUSSIA will have the knockout punch!!!

Good luck America, your REALLY going to need it to fight the CRAZIEST country on the planet...IRAN.
ttown_okie
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10/01/2012 11:37 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
wrong again, world banking shills... iIan will just continue to exchange oil for gold, and then use their gold topbuy any imports they need. The article and exchange rate being quoted are completely bogus!
Anonymous Coward
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10/01/2012 11:38 AM
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Re: BRKNG: Iran Rial Implodes By 20% In One Day!!!
war is imminent
 Quoting: ^TrInItY^


Mongo right. War around the corner be...

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