In March of this year the foreign reserves of the CBI were 43 billion. When the vast foreign reserves start to deplete and inflation is rising, I would think the CBI would re-think their thinking of the exchange rate. Now their foreign reserves are well over 58 billion compared to then, Hum, wonder where that money came from? Pulling the US dollar out of the Iraq market place, one would think. They say, follow the money, big oil and contracts, well that in itself is a deterrent, if you’re going to follow the money, follow what the reserves are in the CBI. The more it grows the closer we are!
Some say we are at the end of the ride! Are you sure you do not want to re-clarify that, "The GOOD news is that we are at the end of the ride"? We are not at the end of the ride until the money is in the bank. I would say we are still in the mechanics of the ride and the end could be near. Word to the wise gentle investor, keep a cool head if this RV does not take place this week. AJ