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Subject: Iran

Iran, officially the Islamic Republic of Iran, is a country in Western Asia. The name Iran has been in use natively and came into international use from 1935, before which the country was known internationally as Persia. Both “Persia” and “Iran” are used interchangeably in cultural context; however, Iran is the name used officially in political context. The name Iran is a cognate of Aryan, and means “Land of the Aryans”.

The 18th largest country in the world in terms of area at 1,648,195 km², Iran has a population of over 70 million. It is a country of special geostrategic significance due to its central location in Eurasia. Iran is bordered on the north by Armenia, Azerbaijan and Turkmenistan. As Iran is a littoral state of the Caspian Sea, which is an inland sea and condominium, Kazakhstan and Russia are also Iran’s direct neighbors to the north. Iran is bordered on the east by Afghanistan and Pakistan, on the south by the Persian Gulf and the Gulf of Oman, on the west by Iraq and on the northwest by Turkey. Tehran is the capital, the country’s largest city and the political, cultural, commercial and industrial center of the nation. Iran is a regional power, and holds an important position in international energy security and world economy as a result of its large reserves of petroleum and natural gas.

Iran is home to one of the world’s oldest continuous major civilizations, with historical and urban settlements dating back to 7000 BC. The first Iranian dynasty formed during the Elamite kingdom in 2800 BC. The Iranian Medes unified Iran into an empire in 625 BC. They were succeeded by three Iranian Empires, the Achaemenids, Parthians and Sassanids, which governed Iran for more than 1000 years. Iranian post-Islamic dynasties and empires expanded the Persian language and culture throughout the Iranian plateau. Early Iranian dynasties which re-asserted Iranian independence included the Tahirids, Saffarids, Samanids and Buyids. The blossoming of Persian literature, philosophy, medicine, astronomy, mathematics and art became major elements of Muslim civilization and started with the Saffarids and Samanids. Iran was once again reunified as an independent state in 1501 by the Safavid dynasty[4]—who promoted Twelver Shi’a Islam as the official religion of their empire, marking one of the most important turning points in the history of Islam. “Persia’s Constitutional Revolution” established the nation’s first parliament in 1906, within a constitutional monarchy. Iran officially became an Islamic republic on 1 April 1979, following the Iranian Revolution.

Iran is a founding member of the UN, NAM, OIC and OPEC. The political system of Iran, based on the 1979 Constitution, comprises several intricately connected governing bodies. The highest state authority is the Supreme Leader. Shia Islam is the official religion and Persian is the official language.[Wikipedia: 2009]

The coming storm:

Will gold protect you against inflation?

Will Obama's exit crash gold?

In 35 of the last 50 years, gold prices have fallen relative to inflation. On four occasions, gold has fallen 50% or more. Gold does not track inflation, but rather anticipation of hyper-inflation or war.

In 2010, gold prices were soaring, reflecting fear of inflation from fiscal excesses of the Obama administration and continuation of war in Iraq and Afghanistan. If Obama is a one-termer, gold prices could fall.

International conflict:

War between Israel and Iran in 2010?

Does the "end of days" portend war?

The rapid development of nuclear weapons by an aggressive Iran threatens the world. Could war break out between Israel and Iran in 2010? President Ahmadinejad has announced the ‘End of Days’ to the United Nation.

The US is still the world’s major military power. However, American resolve is questioned at this critical moment. The long-festering ‘Mideast situation’ is approaching the brink of war. Financial market worldwide are threatened. Do you see a solution?

The end of the dollar?

Barack Obama: The last US president

Igor Panarin --- Seer extraordinaire

Igor Panarin, a Russian academic, is making headlines predicting the end of the United States in 2010. With his connections in the intelligence community, one might wonder what Professor Panarin might know about Barack Obama and his radical cabinet of ‘czars’ that is unknown to the American people?

Panarin’s map of the proposed breakup of the United States seems to exhibit a profound mis-understanding of American political history and culture. However, the non-democratic behavior of the Pelosi-Reid Congress does raise questions as to the future of the country.

Featured articles on inside pages

Stock buybacks

Warren Buffett attacks buyback schemes

In the 2005 Berkshire-Hathaway annual report, Warren Buffet points to the unethical aspects of the buyback-option schemes so common in the US stock market. He noted that "Too often ... the deck is stacked against investors when it comes to the CEO’s pay. ... every dime paid out in dividends reduces the value of all outstanding options"
More ...

Securities Analysis

How much are US equities overvalued?

By 2007, commonsense analysis suggested that US equities were at least 40% overvalued. This conclusion was supported by many academics and by John Burr Williams's formula. More ...

US Politics

Why Congress won't kill ACORN

Closely connected with President Obama, the ACORN group of "community organizers" has drawn censure from the Democrat-controlled Congress as a result of investigative reporting by James O'Keefe and Hannah Giles. More ...

US equities

The productivity vs. population debate

The 'Baby Boomer Bomb' refers to the expected effect of the retirement of the Baby Boomer generation on capital markets, particularly equities. Two proposed 'solutions' to the problem are examined: Boomers being 'saved' by productivity and technology; and, alternatively, by selling their financial assets to the next generation..
More ...

US Bonds

The collapse of the dollar and US bonds?

The extreme spending of the Obama government, combined with irresponsible bank lending policies promoted by Barney Frank and Chris Dodd, portend rising interest rates, the collapse of the bond market, and the end of dollar supremacy. More ...

World Economy

Signs of US losing its groove?

Thirty years ago, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This year, or the next, this foreign income surplus may disappear forever. Is the US 'losing its groove'? More ...

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2010-08-13 12:59