…The rumor is Iraq is thinking about going to the gold standard which would be huge. But one of the things they want to do is they have to find a way to start lowering the number of dinars that are in circulation. The good news is that they’re not going to replace the dinar which is the biggest fear. But what they’re looking to do is reduce the amount in circulation. I have not heard how that’s going to happen. [Post 1 of 2….stay tuned]
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