Wednesday, November 6, 2013

11-6-2013 Newshound Guru Doc

11-6-2013   Newshound Guru Doc    No less than 6 articles reported confirming information about the "rise in value" of the dinar.  These reports can be paraphrased as "the rise in value of the dinar will occur as the economy improves over the next 2-3 years".  We truly wish the immediate $3+ rumors were correct but these articles along with private confirmations continue to suggest a natural rise or float.  Again we have seen no creditable public or private information to change our opinion.  In fact as time moves forward all the real information continues to confirm the float theory.  The only real issue is when will the float regime begin.  The answer most likely is when the infrastructure laws are in place These key laws continue to be delayed in Parliament and in fact will not address these laws until the session beginning in December.  We report, you decide.   [post 2 of 2]