Is it [liberating Mosul] going to move anything forward for the Iraqi dinar? NO.
The Iraq Dinar is on a schedule the way it is.
The Iraqi Dinar is based on oil prices…
So what is it they’re looking at?
How long does oil prices have to be in a certain range or it going up or is it going down?
I don’t have those answers. Nobody does. I don’t even know anyone who’s able to give an educated guess at it.
What they are looking at is the trend.
They are not afraid if the price of oil goes down.
What they are afraid of and all countries are afraid of is that it goes up and down and it’s very volatile…
You guys don’t need to worry about Mosul and if they are going to take it over and if that’s the key for it going to change the value of the Iraqi Dinar.
They are not looking at that…they could sell oil in the middle of a war.
It’s obvious they can do that.
So it’s not going to change oil sales.
