Monday, October 28, 2013

10-28-2013 Newshound Guru Doc

10-28-2013   Newshound Guru Doc   We are also encouraged by the recent visits of Maliki and such to various governments especially the USA.  Before we go further we must say here that Maliki does not need an RV for this visit.  We have to remember just a few short months ago the US was publicly denouncing support for Maliki.  We believe this to be due to his friendliness with Iran and his dragging his feet around implementation of the Strategic Framework agreement.  We have to also remember he is running for reelection and needs all the friends he can get.  His visit to the US is simply to give a status report around implementation of the framework and to get reassurance of US support going forward.  However, this we believe is very good.  It should help accelerate the timeline toward currency reform.  With the election in April we are hopeful the initial float will have begun before then.  [post 2 of 4....stay tuned]