4-11-2012 SWFloridaGuru: Many seem to be frustrated today and are questioning this investment. Iraq's currency is clearly undervalued and they are operating under an artificial rate that was imposed on them.
After years of war Iraq has had to completely rebuild their infrastructure, banking sector and form a government in a very complex region.
Despite the significant challenges Iraq has faced in achieving economic stability, they have made a ton of progress and for the first time are in a position to re-institute an exchange rate that represents their true wealth. We see evidence of this everywhere.
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Iraq is moving to become the leader among major oil producing countries as well as the world’s largest swing producer and they have also discovered huge gold deposits.
Iraq finally has Kuwait's support and they will be released from chapter 7 by the UN Security Council. Iraqi leaders will come to an agreement with the Iraqi list and Allawi concerning power sharing (Eribil) and the HCL, article 140.
Iraq will raise their exchange rate and according to Article VI gain full ascension to the WTO. Don't let the constant date and rate predictions make you forget the basic reasons this investment is solid.
We can't expect to get an accurate play by play on the investment opportunity of the century and should all just be grateful just to be involved and have so many working on our behalf to bring us the truth.