Angel1

  In Angel1

When Iraq got placed on sanctions, yes they got a program rate, but the nail that kept them functional to sanctions was the auctions…What they’re telling us now is the way they’ve always done auctions is going to be gone...The old way for you to pay for imports would be you would have to go to the auctions and do it through submitting invoices and proof and paperwork.  It takes about 2 weeks…Now a coffee shop is going to be able to pay his own import right through his bank like every other normal country in the world.  We are excited…That means they’re going to be an internationally acceptable…tradable currency.  They’re going to have value…