Friday, January 31, 2014

1-31-2014 Newshound Guru Enorrste

1-31-2014  Newshound Guru Enorrste    I read today that the CBI has stated that they plan to have the banking restructured in Iraq by the end of 2014.  This may be a hint that they are going to hold off until the end of the year with any major change in the exchange rate regime.  We can always hope that they will feel confident enough prior to the end of the year to get the ball rolling, but when I read the statement I got a queezy feeling in my stomach.  Patience, friends.  All we can do is wait.  At least we know for certain that our goal is "in the cards" and timing is now the only question.  Let's just be cautiously hopeful that the timing is sooner than the end of this year.