MarkZ

[via PDK]  Question:  Mark people are saying they are hearing $28 PER Dinar. I think it’s crazy, your thoughts?  MarkZ Answer:  I do not think it could be that high. I know Dr. Shabibi who was one of the smartest economists in the world,  once said that Iraq could easily justify a rate of $14-$18 dollars.  He was the architect of this revaluation.  When he came up with numbers oil was selling for around $30 per barrel.