In MarkZ

[via PDK]  Question:  What’s the impact of Iraq joining the Bank of international Settlements?  MarkZ:  It’s their acceptance and elevation to the World Trade Organization and all the other organizations they were removed from when they were sanctioned many years ago. These sanctions are quickly all going away which means they will be able to reinstate or revalue their currency. It is just one more clear indicator of how close we are getting.