10-28-2013 Newshound Guru Doc We are
closing out October with much the same status as we started. The news has focused on some progress specifically passage of the
Economic Reform Law by the CoM. This is indeed
great to see. We still must exercise patience in that it
is not law as of now. It still must go through parliament which we
believe will not addressed until December. The HCL has been in the news but again most likely will not be addressed
until December. With this the key infrastructure will
not be in place "at any moment" and therefore our
opinion remains that currency reform will not occur in the short term. These laws are not official until you see them in the
Gazette period.
[post 1 of 4....stay tuned]