MarkZ   

 [via PDK]  “Iraq is the third largest Arab Nation with gold holdings”  Iraq’s possession of gold has reached 152 tons.  Let’s think about the values of other currencies in the region…like Jordan and Kuwait…Iraq is trouncing most of them in resources, physical gold etc… Iraq is making their case to support their higher value. And Iraq is diversifying with non oil revenues to support their currency. This is for safety and stability.  Dr. Shabibi always said that if Iraq was safe and stable…he would give them a more valuable dinar…Iraq is one of the most safe and stable countries in the region and they are working hard at it.