Friday, February 7, 2014

2-7-2014 Newshound Guru Tlar

2-7-2014   Newshound Guru Tlar    For instance, a budgeted program or project that is earmarked to get 1 million dinars at 1.16, value is earmarked to receive 860,000 USD equivalence in dinars.  If the currency is still at 1166 per dollar, that project will still get  the same1 million dinars, but the USD equivalency would be 860 dollars instead of the budgeted  860,000 USD.  They can't open the budget written at 1.16, if the currency is at 1166.  The currency must match the budget.   This why I've been saying for 2 months watch the budget.  I think it is the key to our investment.  If the budget is written at 1.16 as told to us by the guys who wrote the budget, I believe we will see an .86 dinar, or the budget cannot be opened when it is passed.    (post 2 of 2)