What UAE did with OPEC and what Iraq is about to do along with Iran are not separate incidents but a coordinated progression towards a unified goal for currency revaluation. Especially after the IMF report that came out requesting that Iraq support their national currency with gold. (May 1st is shaping up to be a huge historical day for multiple countries.) … Revaluation Support: A gold-backed dinar can hold a much higher exchange rate without collapsing back down. :Ariel
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