4-15-2014 Newshound Guru Kaperoni
4-15-2014 Newshound Guru Kaperoni
Article: "Iraq announces its intention to buy more gold in the coming months" [Anyone have a
clue why they're so intent on buying that much gold lately?] They want to support monetary policy. This includes stabilizing
the exchange rate (which would mean meeting IMF conditions) and selling
gold to citizens in dinar which will strengthen the currency by reducing the
money supply. This is all good.