Sandy Ingram

Here is what I want to show you. Kuwait’s currency is .31 Kuwaiti Dinar to one US dollar.  Jordan’s currency is .71 Jordanian Dinar to one US dollar. Turkey’s currency has suffered ups and downs but it’s valued at 19.16 Turkish Lira to one US dollar. With Iraq’s currency being worth so little to the US dollar, [1311] it places massive weight on imports. Thus far Iraq has used dollars to pay import invoices. But as in the case with Iran, that is no longer possible. We have every right to believe that the currency will increase in value.