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3-21-2013 *Med

Unread postPosted: Fri Mar 22, 2013 9:01 am
by Vixen
3-21-2013 *Med ~[apparently there has been some articles on the cbi on there side of them adding assets to back the dinar like gold and oil, etc] YES, THIS WAS SOMETHING THAT HAD TO BE DONE. FOREIGN CURRENCY ASSETS WOULD NEVER COVER AN RV. IT WOULD HAVE BANKRUPT IRAQ. NOW THEY HAVE ALLOT OF GOLD. REMEMBER THEY CAN SELL OIL FUTURES TO COVER THEIR CURRENCY. IT DOESNT HAVE TO BE OUT OF THE GROUND. YOU ARE TALKING TRILLIONS IN OIL REVENUES BUT IRAQS BIGGEST PROBLEM IS NO PRIVATE SECTOR OR A FREE MARKET ECONOMY TO BOOST THE VALUE OF THE DINAR. THAT INTERNATIONAL ACCEPTANCE IS HUGE IN THE VALUE OF A CURRENCY...