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Aerospace

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Aerospace

Re: strongtower post# 20588

Tuesday, 12/08/2009 3:26:34 PM

Tuesday, December 08, 2009 3:26:34 PM

Post# of 29692
Exactly Strong. The chance of the dinar free floating on the FX… ZERO CHANCE.
It will not happen.
The GCC currency that they are talking about joining. That’s the five or so middle east countries that will have a joint currency. That currency is slated to be pegged to the dollar. They have stated that there is a chance that currency may in the future float on the FX. I read recently the GCC currency would not exist until 2013, then today Kuwait has said that it could take up to 10 years to get the GCC currency started.
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