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Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

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Lobo
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Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

Post by Lobo on Mon 27 Jul 2015, 10:50 am



Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar
Monday, July 27, 2015 10:56
 
 
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Economic Adviser to the Prime Minister stressed the appearance of [You must be registered and logged in to see this link.] said in an interview on Monday, that [You must be registered and logged in to see this link.] imported annually about 70 tons of gold, while pointing out that the decline in gold shows the strength of the Iraqi dinar.
 

Saleh said in an interview to the Sumerian News, he said that "large amounts of gold per year intervention in Iraq, ranging between 60-70 tons," adding that "the abundance of gold with the power of the Iraqi dinar led to lower prices in the local markets."
 
 
Saleh added, that "the global gold prices have fallen dramatically, and decline to make the price of gold is currently less than it was in 1978," attributing the cause to "purchasing power of the citizen, which was low at the time compared to the current time enjoyed by Iraqi high purchasing power."
 

Saleh pointed out, that "other reasons that led to the decline in gold prices, is the stability of the Iraqi dinar and the high associated with the high dollar is also globally against other currencies," stressing that "the decline in gold gives an indication of the strength of the Iraqi dinar."
 

The price of gold in the Iraqi market dropped below 200 thousand dinars per weight after it was ranging between 250 thousand to 300 thousand dinars per weight.

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weslin3
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Re: Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

Post by weslin3 on Mon 27 Jul 2015, 12:15 pm

Yep and there is gold in "them thar sand piles," along with the black gold. That is why he is smiling so big in that picture... I forgot  also some of those black carbon things that shine up, called diamonds...

    Current date/time is Tue 23 Jan 2018, 7:42 pm