Wednesday, November 20, 2013

11-20-2013 Newshound Guru Doc

11-20-2013   Newshound Guru Doc   Obviously 1917 should read 2017 but what has been missed by most is the principle being outlined here.  Basically we see this as saying as the currency accumulates value (economy), the value of the IQD will rise against the USD.  In fact it predicts that when the output reached 8 million barrels per day of oil the value of the IQD will be equal to the USD.  The key here is the principle of the value rising as the economic output of Iraq rises.  Also keep in mind that the prediction here is to almost triple their output in 3-4 years.  No small feat but doable.  [post 2 of 3....stay tuned]