In 2016 Gold was right around $1,500 bucks an once and today it’s running $2,300 to $2,400 bucks an ounce. They increased that gold supply by about 40 tons…Their currency reserves are around $110 billion. They have a massive amount of wealth. They have the ability to support their imports for about 16 months they say, which is about 5x what they need. That’s important. They don’t want to reduce those. They’d like to keep them on hand...Iraq has a good foundation for Alaq to do what he’s supposed to do and it’ll only get better if he does.
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