After talking to a broker friend of mine today, I don't doubt HH one bit about having a terrible time moving money around in Middle Eastern countries like India. My broker friend said that it is indeed a very touchy issue right now and that HH isn't lying.
I have to agree with him, but it is getting a little long in the tooth by using this as an excuse all the time.
What really worries me isn't bgmo, but the overall markets. My broker friend showed me a few things that suggest that by Nov. 12 of this year we may be in for a huge decline in the markets. He has a crash window for anytime between mid July thru Nov. with Nov. 8-12 being of particular interest.
I sure hope he is wrong, but just in case he is right, I wish HH would hurry up.