Pimpy

Pimpy – Dinar Guru  This is what I was talking about, once Trump gets into office how is this going to affect Iraq.  You see Trump has already approached Saudi Arabia and OPEC to ramp up production of oil.  If they ramp up production of oil this will drive down the cost per barrel.  Of course here in America we benefit from it, lower gas prices…Iraq…they have built everything based on $70 per barrel of oil.  Now the new budget hasn’t passed yet.  One of the things…they need to figure out is how much they think they’re going to get per barrel.  If they ramp production that’s diluting the market with oil.  That’s going to cause the price to go down.  That’s one of the things I was concerned about.

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