The dust is slowly settling after weeks of furious activity in Iran's gold and currency markets. When news hit of yet another round of sanctions on Iran's oil industry, and worse still, on Iran's central bank, panic ensued.
The word on the street was that gold was going to spike, and the exchange rate for dollars and other foreign currencies was set to soar, and so the stampede ensued. People started buying up gold coins, the Iranian nation's favorite form of investment, and withdrawing large amounts of money from the bank to convert into dollars.