Tuesday, December 17, 2013

12-18-2013 Newshound Guru Kaperoni

12-18-2013   Newshound Guru Kaperoni   It is very apparent to me that the CBI will try and move to IMF Article VIII within the next 30-60 days.  If the CBI moves to Article VIII in January, the value will begin to rise then.  It all depends on the exchange regime they chose when they move to Article VIII.   If its a free float, it may correct itself very fast.   If its a managed float it could take a while.  The IMF prefers a free float.  Today is a good day.  We should all be happy today.   [post 3 of 3]