Posted on December 24th, 2012
BAGHDAD (Iba) .. Chief
Economist Majid picture, that strengthen Iraq to step up gold has a
direct connection to strengthen the country's currency, which is
considered a cash security portfolio of loss.
Suri said in a statement to Agence independent press (Iba) .. Monday,
"The oldest of Iraq to strengthen up the gold for the first time is a
positive step towards strengthening the country's cash portfolio,
stressing: that owning any without large stocks of gold are in control
of the state and security of the cash portfolio on their loss."
added: the coins is safe and volatility continuing what you pay all
States to take a way a safe haven for its currency from the loss,
stressing: that gold the best way to keep the money the country from
loss as a result of fluctuating currency resulting from the lack of
political and economic stability.
continued economic expert: that fluctuating dollar and the euro crisis
pay all States to resort to strengthen its reserves of gold to check on
their money from loss, noting: that gold is the basis for the evaluation
of all foreign currency straw including the state budget and on the
basis of advanced البل economically, and take Iraq a step promote backup
Gold is considered a positive step and will be sorted Iraq's money. (end)