[I hear Iraq already revalued their currency at 1 to 1…what does this mean?] It means someone has bad information…they have not yet revalued their currency. If you talk to anybody on the street in their country and they will tell you no…not yet…. Everyday I make it a point to contact someone in Iraq…and ask that. Are they prepared and positioned to do so? Yes. Could they be running 2 sets of books for government reasons and for street reasons until the release? Yes…they absolutely could.
Tags: Markz /