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Message Subject Iraq an economic Study
Poster Handle calin
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Posted Today, 09:51 AM
12-15-2011 Guru Adam Montana Iraq has a TON of OIL and NATURAL GAS, which makes them VALUABLE...the HCL needs to be resolved in order for Iraq to have full control of that VALUE and function as a business...once that VALUE is under the full control of Iraq, they can raise the value of their currency and back it up with their reserves...It is REALLY that simple. Once the HCL is resolved, Iraq will have the means to back a stronger currency, until that happens, they do not have the means to back it therefore it is next to impossible to see a change in rate before the HCL is resolved.

Read more: [link to dinarvets.com]
 
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