1-31-2014 Intel Guru TD
1-31-2014 Intel Guru TD
Already overnight South Africa & Turkey raised rates unexpectedly and their currencies today
are taking a hit. So is the Brazilian real & Argentine Peso. In months ahead
as these mechanisms take hold worldwide , emerging market countries will also
raise THEIR rates and their currencies will devalue vs. the dollar. As far as the IQD, it's already at a low rate BUT with these world
market forces playing out there is NO WAY a sudden, dramatic upside increase is
probable. [post 2 of 2]