Tuesday, December 17, 2013

12-18-2013 Newshound Guru Kaperoni

12-18-2013   Newshound Guru Kaperoni    I am expecting in the coming days we may also very well see the CBI start selling the bonds as well for monetary policy in dinars.  I am sure the CBI and IMF are both smiling today. When you pair this information with two new articles released today, it appears the CBI may be gearing towards exiting the current exchange regime under Article XIV and move to the new regime (we hope a float) in Article VIII sometime in January. At the end of January the CBI is hold a conference in Dubai! So, we have the CBI meeting the IMF requirements today, we have the article saying mid-january the banks will be "stimulating the economy".  And now we have this Dubai banking conference end of Jan.  [post 2 of 3....stay tuned]