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Guru Vital Brad: "Iraq's currency is way undervalued for the amount of oil that it carries" 8/20/19 I_icon_minitimeMon Jan 15, 2024 6:15 pm by RamblerNash

Guru Vital Brad: "Iraq's currency is way undervalued for the amount of oil that it carries" 8/20/19

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Post by RamblerNash Tue Aug 20, 2019 9:26 pm

Guru Vital Brad 



...I found the current rates of all the countries within Iraq's region...Iraq's right there...at .00083.  It's the lowest besides Iran with everything that's going on in Iran right now...Kuwait: one Kuwaiti dinar is 3.28 US dollars so it's a very valuable currency...Jordon: 1.41...Turkey: .17 ... Saudi Arabia .26 .  So Iraq's currency is way undervalued for the amount of oil that it carries...


8/20/19



~~~~~~~~~~

How's the currencies compare to the reserves they carry at the central banks? LOL Ooops...Brads statement is flawed...

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