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Guru Breitling says Iraq is going to add value to their currency. It's not a hypothetical.
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Guru Breitling says Iraq is going to add value to their currency. It's not a hypothetical.
Newshound Guru Breitling
With Iraq how does it work?
They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
...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?
, 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.
09.17.2019
With Iraq how does it work?
They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
...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?
, 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.
09.17.2019
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