Adam Montana

Adam Montana – Dinar Guru   I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts.  But they did not agree to join the group in their cuts.  This gives Iraq carte blanche – complete freedom – to increase their production on a moment’s notice, revalue their currency, and corner the market while they rake in cash to cover their “expenses”. They may be operating on an increased production as we speak, stocking up hidden stores of oil in preparation for a huge push to bring in a massive amount of capital to cover the RV. There is more than one way to skin a cat, as they say, and that’s just one aspect.   The above is certainly an oversimplification of the big picture, but the fact remains – Iraq is nodding in agreement with the cuts, but they have never committed to it.  NOT.  ONE.  TIME.   [post 3 of 3]

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