Sandy Ingram

The Kuwaiti dinar is worth $3.81, the highest valued currency against the US dollar in the world…Iraq produces 4 million barrels of oil per day.  Kuwait only produces 2.7 million barrels per day.  Iraq produces more oil than Kuwait yet Kuwait’s currency is the highest valued currency in the world against the US dollar.  There’s something wrong here.  This is one of the reasons…IQD investors believe in the IQD revalue or adjustment.  But we have to take into account the overprinting of the money…