Mnt Goat 

 …the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules…  an interview with Ali Alaq he told us the future vision of the Iraqi dinar…It is backing the dinar with GOLD!   WOW!!! no longer just the dollar. Yes, we can definitely see the trend already to get the dollar out of Iraq. It is a process… Alaq says that today they back the dinar with the billions of reserves, which is the dollar. Then he talks about the future where it will be backed by GOLD not the Dollar. He says Iraq has 132 tons of gold…about $8,008,704,000 billion worth of GOLD…