Tuesday, November 5, 2013

11-5-2013 Newshound Guru Doc

11-5-2013   Newshound Guru Doc   As predicted Nov 1 came and went with no fan fare.  We warn all that you will see many rumors that the shorter than planned trip to the US by Maliki is due to him rushing back to Iraq with his tail between his legs to announce the RV.  This true will prove false and, in general, our opinion holds that there will be no substantial currency move in the immediate term.  We continue with our conclusion that the month of November will pass with no fan fare.  Our conclusions continue to be based on the facts that there is no creditable public or private sources confirming an immediate RV and simply Iraq's infrastructure is not completely in place to support currency reform for the long haul.  [post 1 of 2....stay tuned]