This does not mean they’re 100% planning on revaluing the currency. But sometimes you have to read between the lines and look at this as more of a preparation tactic…They’re preparing to do something…Iraq is positioning themselves to not just be able to back up their currency but possibly back their currency at a much higher rate than a lot of us anticipated. I have always stuck with the feeling it was going to be around a $1.00 revaluation…Part of me also believes they would maybe do a reinstatement to their old currency value…$3.78 when Saddam was in control…Only time will tell. But this is extremely, extremely exciting to see… Steve [Post 2 of 2]
