Tuesday, 27 January 2009

Tuesday, January 27, 2009

 

Iran Calls Holocaust 'Big Lie'

Foreign Confidential....

As the Obama administration prepares for direct diplomacy with Iran over its nuclear program, Tehran's Hitlerian, Islamist regime is apparently escalating its campaign to delegitimize and demonize America's ally, Israel.

AFP reports:
Iran's government spokesman on Tuesday branded the Holocaust a "big lie" created to place the Islamic republic's arch-foe Israel in the Middle East, the state IRNA news agency reported.

"The Holocaust is a concept coming from a big lie in order to settle a rootless regime in the heart of the Islamic world," Gholam Hossein Elham told a conference on Gaza in central Iran's religious city of Qom.
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Gold Advances in Asia

Investment Demand is Strong


Aya Takada reports from Tokyo:
Gold rose a fourth day in Asia as mounting losses among the world’s banks and rising job losses prompted investors to buy the metal as a haven.

Bullion advanced 5.7 percent the past three sessions after banks including BNP Paribas SA and ING Groep NV reported losses....

“Concerns about widening losses in financial institutions enhanced the value of gold as a safe-haven,” Shuji Sugata, a research manager at Mitsubishi Corp., Futures & Securities Ltd., said today by phone. “Investment demand for gold is rising.”

Gold for immediate delivery rose as much as 0.3 percent to $905.98 an ounce and last traded at $903.97 at 12:25 p.m. in Tokyo. The metal for December delivery on the Tokyo Commodity Exchange rose as much as 1.2 percent to 2,604 yen a gram ($908 an ounce).