Pimpy

  In Pimpy's Investment Chat

Try not to get overly emotional with any news that any of us are reporting. It’s speculative. It’s only my opinion that the talk of a rate change, if it’s going to happen, it’s going happen in the 2021 budget. If it happens sooner then great. There’s no indication that that’s happening.  So far all we know about the 2020 budget is it’s covering salaries as well as the operation expense and nothing more.  We are aware that the reform papers do have the exchange rate chat in there but we don’t know what that means. Hopefully we will find out soon.