Thursday, December 26, 2013

12-26-2013   Intel Guru TD    Market forces always react to stability/instability news. Just before Christmas Iraq  announced possible delays in Bond sales, yes, due to current instability.  The point here being any expected change in the IQD will be modest & gradual as dictated by it's current stability & world market forces. There will be no overnight wealth to achieve. They need to do it right since there's so much at stake, their economy could collapse at artificial, propped up high rates.   [post 1 of 2....stay tuned]