Deals that occurred in Saudi Arabia for Gas and Oil with many major oil companies…was over $200 billion dollars worth…huge deals…that were done with General Dynamics, Lockheed Martin, Exxon-Mobil, Raytheon, Dow Chemical, Honeywell…these are big mega-deals for oil…
And part of that deal…we believe is for Saudi Arabia to pull back on production so that the price of oil can skyrocket…that will IMO stimulate the budget and stimulate their new rate…
If it can get up to $65 which I think it is going to very quickly….$60-$65….the Iraqi dinar could come out at 3+…
If the barrel of oil would go up to $95-$100…you could be looking at 4 or 5 or 6+…for the revaluation of their currency…
What if it were over $100/barrel…well why don’t you wait and watch and see if it happens.
