Pimpy

Right now in Iraq the major news is…what the markets are determining is the value of the IQD versus the U.S. dollar.  The IQD continues to lose value…this is why we saw some banks start allowing the Iraqi citizens to purchase dollars…I think I know what it is Iraq’s trying to do.  They’re trying to purchase as many of the Iraqi dinars as possible to destroy them.  You have less currency in circulation.  Think supply and demand.  The less you have of something that people want the more demand there is for it, the more valuable it becomes.