 by Vixen » Thu Jun 26, 2014 9:21 am
by Vixen » Thu Jun 26, 2014 9:21 am 
			
			6-25-2014   *Adam Montana   ~You would think that with all this madness and chaos and "OMG the sky is falling!" going on over there, the currency would be plummeting back to the 4000:1 rate it was at a decade ago… but that's not the case. In fact, the stability was only in question for less than a week, when the dinar "wobbled".  Turki/Central Bank states that despite the current events, the dinar is and will remain stable. Not only that, they have the ability to maintain any rate without a roof. (That says "float" to me!)  (Yes, all this in spite of the "doom and gloom" the lame-stream media would have you believe!)   So…what do we take away from all that? The recent events in Iraq have definitely put a kibosh on anything "popping" in the next week or two, but the dust will settle and Iraq still has not suffered anything that has or will set them back significantly. In fact, despite the turbulence, the exchange rate has remained strong and that says a LOT about the future potential for them. I remain positive.