Friday, January 31, 2014

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]