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A. Montana: WTO tidbits / "Buckle Up Kids"
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A. Montana: WTO tidbits / "Buckle Up Kids"
9-18-213 Newshound Guru Adam Montana First, there is a LOT of news about Iraq joining the WTO. This is great, but there are two things to consider here. 1. A bunch of the "gurus" are saying that Iraq must have a currency with a higher value in order to be accepted. Some are saying that they can't RV until they are accepted. And others are saying they must RV before they are accepted. None of that is true - there is no "mandatory" currency value for joining the WTO. HOWEVER, there is ONE little tidbit that most people haven't caught. [post 1 of 3....stay tuned]
Read more: http://www.dinarguru.com/#ixzz2fJHTJYc1
9-18-2013 Newshound Guru Adam Montana In order for Iraq to be accepted into the WTO, they have to be approved by the current members of the WTO. In this approval process, they MAY impose certain requirements. These "requirements" are not specifically explained, which gives the members of the WTO the ability to make these "requirements" whatever they want... and they COULD tell Iraq that they aren't going to approve their application until they raise the value, or even something else like concluding the HCL. [post 2 of 3....stay tuned]
Read more: http://www.dinarguru.com/#ixzz2fJI5zNjY
9-18-2013 Newshound Guru Adam Montana 2. Although getting into the WTO isn't a requirement for raising the value of their currency, a WTO membership will look VERY good for Iraq, enhancing their ability to raise and maintain the value of their currency. Conclusion? This WTO talk is GREAT for us, it's exactly what we want to hear. In addition to that, the "tempo" of news regarding the HCL has been increasing and in my opinion getting more substantial. These two things - the HCL and the WTO - are good indicators that things are picking up speed again. I won't be giving any estimate of how much speed they are picking up, so you won't get a date or rate from me today.. but things are going in the right direction. Buckle up, kids! [post 3 of 3]
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Read more: http://www.dinarguru.com/#ixzz2fJIHXxHj
Read more: http://www.dinarguru.com/#ixzz2fJHTJYc1
9-18-2013 Newshound Guru Adam Montana In order for Iraq to be accepted into the WTO, they have to be approved by the current members of the WTO. In this approval process, they MAY impose certain requirements. These "requirements" are not specifically explained, which gives the members of the WTO the ability to make these "requirements" whatever they want... and they COULD tell Iraq that they aren't going to approve their application until they raise the value, or even something else like concluding the HCL. [post 2 of 3....stay tuned]
Read more: http://www.dinarguru.com/#ixzz2fJI5zNjY
9-18-2013 Newshound Guru Adam Montana 2. Although getting into the WTO isn't a requirement for raising the value of their currency, a WTO membership will look VERY good for Iraq, enhancing their ability to raise and maintain the value of their currency. Conclusion? This WTO talk is GREAT for us, it's exactly what we want to hear. In addition to that, the "tempo" of news regarding the HCL has been increasing and in my opinion getting more substantial. These two things - the HCL and the WTO - are good indicators that things are picking up speed again. I won't be giving any estimate of how much speed they are picking up, so you won't get a date or rate from me today.. but things are going in the right direction. Buckle up, kids! [post 3 of 3]
.
Read more: http://www.dinarguru.com/#ixzz2fJIHXxHj
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Re: A. Montana: WTO tidbits / "Buckle Up Kids"
I think this was posted from another source elsewhere, but I have to agree with Adam. I think he is spot on with his comments about the WTO.
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