The headline is a quote from one of my favorite sports columns (the only one that I really read), TMQ. As I am porting my blog and site to its more modern home on Nahala.net, I’ve had the chance to go over a lot of ancient posts and reflect upon predictions that I and others have made over the past seven years. Until now, almost all bank experts have been wrong, and I have been right! Here is one example: According to Shlomo Maoz, an expert, in 2007-2008 we should have seen the USD-Israeli Shekel exchange rate bottom out at 3.9, later rebounding to 4.7. You can read the original @Globes. What really happened? Here is a chart detailing the monthly averages of the exchange...
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