Article: “Iraq advances one place in the global reserve“ Iraq has massive amounts of reserves in comparison to what she truly needs in foreign currencies…You add the foreign reserves with her gold. For some reason they just found a few more tons of gold because they went from about 152 tons…to about 162 tons. They found enough chump-change to go buy 10 tons of gold! I think that’s pretty funny because everybody’s like, where do you get all that money?! All their new non-oil revenues and the profits they’re making. They’re making a surplus…And you wonder why gold is at $2880. That’s a big jump…All-time extreme highs.
