Monday, February 3, 2014

2-3-2014 Newshound/Intel Guru Eagle1

2-3-2014   Newshound/Intel Guru Eagle1   The last few days have been filled with some interesting events behind the scenes.  We’ve seen the Bank of Baghdad begin selling its stock shares on the ISX at something like $7.19/share.  The hilarious thing is that on the Iraqi Stock Exchange, the shares list at 2.09 IQD.  When you do the math, it works out to $3.44 per Dinar.  That is consistent with a report that came from a Senior VP at Chase who reported to us yesterday that he was seeing the new rates for the GCR on his administrative screens.  The Dinar was listed at $3.44.   [post 1 of 3....stay tuned]