Article: “PRIME MINISTER : NATIONAL GOLD RESERVES REPRESENT AN IMPORTANT PILLAR OF FINANCIAL STABILITY” Iraq’s is no slouch with their gold holdings of 162 tons of it. Today, gold is about $3,885 per ounce. That is stability and the worlds central banks are very aware of it. Just as they are aware of over $100 billion in reserves and likely climbing. They have increased non-oil revenues and will continue more quickly into the future. All of which supports their exchange rate. Add in they recorded .8% inflation a historic low. Iraq is ripe for a REER..imo There is confidence everywhere we look…
