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Showing results for tags 'oil crisis'.
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Luigi says... Breitling brings up a valid point. High energy costs will not last. Only a RV can save Iraq. Iraq must build it's wealth on the RV not volatile energy prices. Treat as a rumor. Not varafied. Your opine. 9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going TO BE $26 A BARREL in the year 2020...it's going to be LOW. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the PROFITS they're making SELLING energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that...Don't worry about what's happening with Saudi Arabia. Do not worry if we go to war with Iran...because we anticipated all this stuff we have a way to lower the price of oil...what's that mean for you and me? Iraq, they're gonna HAVE TO ADD VALUE to their currency. They ARE NOT going to be making money selling energy. So you and I are sitting on their currency. Huge opportunity. I'm excited. I'm not kidding. It's a beautiful thing...It's coming down the road.
