Frank26 is expecting the price of oil to jump from the low $50/barrel range upwards to at least $60-$65/barrel ...
The curtailment of oil production by the OPEC nations and other non-OPEC entities will drive this and make it happen…called supply and demand…
But …at the same time…the Iraqi dinar could come out at 3+…follow the oil prices….
And he’s not saying it has to be at $60 to come out IMO…
But at $60-65…we could see 3+…
And yes you are right on the 4…5…6+…if oil continues to climb to the $95-100 range…IOO.
