Friday, December 20, 2013

12-20-2013 Newshound Guru Doc


 12-20-2013   Newshound Guru Doc  What we hope this does is lite a stronger fire under Iraq to get its infrastructure laws finally all completed  and begin allowing the market to add the appropriate value to its currency.  We are afraid if they continue with this slow pace the end value for the currency will continue to erode.  Keep in mind that 95% of Iraq's economy is oil based.  While the comments on Mexico are someone's prediction we continue to believe its in Iraq's own interest to get on with the show so to speak.  They need to access the international community to do exactly what Mexico has announced.  The main difference is Mexico already has the infrastructure in place to do so.  [post 2 of 2]