Mailman17

LET’S FORGET ONE SECOND ABOUT IRAQ’S GOLD, NATURAL GAS AND OILS.

ALBEIT THOSE ARE VERY IMPORTANT RESOURCES TO HAVE AND THEY HAVE PLENTY OF IT. THE PROBLEM I HAVE IS THAT MANY FORGET THE PAST NEWS REGARDING IRAQ.

PHOSPHORUS IS AN ELEMENT USED IN MAKING MANY THINGS, PARTICULARLY STEEL PRODUCTS AND MOST IMPORTANTLY MEDICINE. AS REPORTED YEARS AGO…

THE WORLDS SUPPLY OF THIS VERY IMPORTANT ASSET/COMMODITY/MATERIAL WAS AT A LOW OF 15%.

IRAQ’S PHOSPHORUS RESERVE IS ENOUGH TO BRING THAT NUMBER UP 10 100%.

IF IT IS THAT IMPORTANT, THAN THE OTHER ASSETS THEY POSSESS ARE ICING ON THE CAKE.

NOW, WITH THAT SAID, ADD IN THE OTHERS, ESPECIALLY THE NATURAL GAS.

THIS IS WHY THE WORLD BANK IS THINKING IRAQ WILL BE ONE OF THE TOP 5 RICHEST NATIONS IN THE WORLD.

IF THAT DOESN’T QUALIFY THEM TO BE A RESERVE CURRENCY, I DON’T KNOW WHAT DOES.

BUT TO BECOME THAT, THEY NEED STABILITY. AND THAT IS WHAT THEY ARE WORKING ON.

WHEN IT COMES DOWN, THE DINAR WILL BECOME WHAT IT WAS INTENDED TO BE.

AND LETS FACE IT, THE US DOLLAR IS OVER PRINTED IN THE MARKET, YET IT REMAINS A RESERVE.

FOOD FOR THOUGHT AND AS ALWAYS…JMO.