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7-17-2013 *Adam Montana

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7-17-2013 *Adam Montana

Unread postby Vixen » Thu Jul 18, 2013 8:52 am

7-17-2013 *Adam Montana ~Here's where we are... about 3 weeks left in Ramadan, Chapter 7 lifted and now a thing of the past, and a flurry of articles about the 0's, resetting the value, raising the value, etc. the one thing that really stands out to me is the PUSH you can sense in all of the articles for this to move forward. We can easily see that they are mentioning over and over that the CENTRAL BANK (CBI) is in control and must stay there. The CBI is the entity that will ultimately manipulate the rate, and I have not seen one thing that makes me think it might be pushed down. Another thing I am seeing is MUCH more activity in the GOI during Ramadan - things are usually MUCH quieter at this time of the year...I have never seen them so active during Ramadan... so here's my current opinion...I think if they were going to RV during Ramadan, it would have happened almost immediately after Chapter 7 was lifted. Since that did not happen, I don't expect it to happen until immediately before or after the HCL is officially done. they will not give us an RV announcement, but just like the Chapter 7 issue... we had warning on that, and we will likely get a short heads-up for HCL too. so if the HCL is pushed through during Ramadan, then we have a chance. Otherwise, it's going to be most likely shortly after Ramadan is over (August 8 I believe). as far as the rate, I'm not going to deviate from my past analysis on the situation.
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