TABLE D & E (Munny Model)

[MunnyBaggs]

A nations total wealth is not always reflected in their currency exchange rate. If it were then Saudi Arabia would have the highest rate in the region. The rate has multiple variables and maybe these two tables will show why I believe Iraqs eventual target rate is lined up towards Saudi Arabia, Qatar, and UAE. This combined with all the other tables leads me to believe this was the information Shabibi, Tant, etc used in setting up the original IQD value and denominations:

TABLE D

All this information has been culled from the World Factbook:

GDP Purchasing Power parity World Ranking. Note Iraq rates closest to UAE, Israel, Egypt, and Saudi Arabia. Note Iraq’s purchasing parity will increase as does its economy:

21. Iran 1 Rial = .0001 USD $562 Billion

30. Saudi Arabia 1 SAR = .27 USD $388 Billion

34. Egypt 1 EP =.17 USD $303 Billion

54. Israel 1 NS = .22 USD $154 Billion

59. UAE 1 Dirham = .27 USD $111 Billion

61. Iraq 1 IQD = .0007 USD $94 Billion

68. Syria 1 SYP = .019 USD $72 Billion

71. Libya 1 LYD = .73 USD $66 Billion

82. Kuwait 1KD = 3.4 USD $45 Billion

90. Oman 1 ORial = 2.6 USD $40 Billion

104. Jordan 1 JD = 1.4 USD $27 Billion

108. Lebanon 1 LP = .0007 USD $24 Billion

109. Qatar 1 QR = .27 USD $24 Billion

113. Afghanistan 1 Afg = .023 USD $22 Billion

127. Bahrain 1BD = 2.7 USD $16 Billion

Natural Gas proven Reserves World Ranking. Once again note which countries Nat Gas wealth Iraq most closely resembles (Egypt, UAE, Saudi Arabia, Qatar). Iraq may even have far more reserves than are listed here:

3. Iran 1 Rial = .0001 USD 27 Trillion (cu m)

4. Qatar 1 QR = .27 USD 26 Trillion (cu m)

5. Saudi Arabia 1 SAR = .27 USD 7 Trillion (cu m)

6. UAE 1 Dirham = .27 USD 6 Trillion (cu m)

12. Iraq 1 IQD = .0007 USD 3 Trillion (cu m)

20. Egypt 1 EP =.17 USD 1.9 Trillion (cu m)

24. Kuwait 1KD = 3.4 USD 1.6 Trillion (cu m)

25. Libya 1 LYD = .73 USD 1.3 Trillion (cu m)

29. Oman 1 ORial = 2.6 USD 829 Billion (cu m)

44. Syria 1 SYP = .019 USD 241 Billion (cu m)

54. Afghanistan 1 Afg = .023 USD 100 Billion (cu m)

56. Bahrain 1BD = 2.7 USD 92 Billion (cu m)

54. Israel 1 NS = .22 USD 39 Billion (cu m)

84. Jordan 1 JD = 1.4 USD 6 Billion (cu m)

Lebanon 1 LP = .0007 USD N/A

Proven oil Reserves World Ranking. Note once again where Iraq falls in oil wealth (Saudi Arabia, UAE). Note also Iraq has only 10% of known oil reserves surveyed. They could actually have as much oil as Saudi Arabia:

2. Saudi Arabia 1 SAR = .27 USD 263 Billion (bbl)

4. Iran 1 Rial = .0001 USD 133 Billion (bbl)

5. Iraq 1 IQD = .0007 USD 113 Billion (bbl)

6. UAE 1 Dirham = .27 USD 98 Billion (bbl)

7. Kuwait 1KD = 3.4 USD 97 Billion (bbl)

10. Libya 1 LYD = .73 USD 40 Billion (bbl)

17. Qatar 1 QR = .27 USD 16 Billion (bbl)

22. Oman 1 ORial = 2.6 USD 6 Billion (bbl)

31. Egypt 1 EP =.17 USD 2.7 Billion (bbl)

32. Syria 1 SYP = .019 USD 2.5 Billion (bbl)

67. Bahrain 1BD = 2.7 USD 124 Million (bbl)

88. Israel 1 NS = .22 USD 1.9 Million (bbl)

90. Jordan 1 JD = 1.4 USD 6 Billion (bbl)

Afghanistan 1Afg = .023 USD N/A

Lebanon 1 LP = .0007 USD N/A


TABLE E

OPEC Countries

Algeria 1 DZD = .015 USD
Indonesia 1 IDR = .0002 USD
IR Iran 1 Rial = .0001 USD
Iraq 1 IQD = .0007USD
Kuwait 1KD = 3.4 USD
SP Libyan AJ 1 LYD = .73 USD
Nigeria 1 NGN = .008 USD
Qatar 1 QR = .27 USD
Saudi Arabia 1 SR = .27 USD
United Arab Emirates 1 D = .27 USD
Venezuela 1VEB = .0005 USD

[Bubba Dinar]

12/20/06 11:22am PST
============================================
Exchange Rates
1373.00 IQD to 1 USD 12/20/06
Best Rate was on 12/20/06: 1373.00 IQD to 1 USD
============================================
Rates
1348.10 IQD to 1 USD 12/20/06
Best Rate was on 8/23/06: 1348.00 IQD to 1 USD
============================================
MENAFN - Middle East North Africa . Financial Network Currency Charts,Currency Update,Money Markets,Analysis,Projection
1318.80 IQD to 1 USD 12/20/06
Best Rate was on 12/20/06: 1318.80 IQD to 1 USD
============================================
FXConverter - Currency Converter for 164 Currencies
1448.50 IQD to 1 USD 12/20/06
Best Rate was on 12/20/06: 1448.50 IQD to 1 USD
============================================

So, Munny, your Model forecasts a move of 1373 to 1260 between now and March 31? That's a 1-2 points a day. How do you explain the 7-12 point moves we are now experiencing? Why do you say your Model is 110% correct, when you adjust it every day? I believe you may be full of yourself!

[MunnyBaggs]

So, Munny, your Model forecasts a move of 1373 to 1260 between now and March 31? That's a 1-2 points a day. How do you explain the 7-12 point moves we are now experiencing? Why do you say your Model is 110% correct, when you adjust it every day? I believe you may be full of yourself!

I challenge you to find anywhere I've said my Model is 110% correct. Is it your intention to use a lie in your disagreement with my model? I've said from day one my model will change based on any new statistics or information we receive. People have requested I add a timeline to my models values. I agreed to do so but have placed them in a very conservative spread. If I get information that tells me the IQD appreciation will reach those levels quicker I'll adjust the dates to reflect that info. Or if the recent and current appreciation continues in a steady manner over the next several weeks the timeline can tighten up. To be honest I could care less whether you believe the model or not. But the fact is I was the first to call the appreciation we are seeing on a daily basis and that is EXACTLY what is happening.

[MunnyBaggs]

I challenge you to find anywhere I've said my Model is 110% correct. Is it your intention to use a lie in your disagreement with my model? I've said from day one my model will change based on any new statistics or information we receive. People have requested I add a timeline to my models values. I agreed to do so but have placed them in a very conservative spread. If I get information that tells me the IQD appreciation will reach those levels quicker I'll adjust the dates to reflect that info. Or if the recent and current appreciation continues in a steady manner over the next several weeks the timeline can tighten up. To be honest I could care less whether you believe the model or not. But the fact is I was the first to call the appreciation we are seeing on a daily basis and that is EXACTLY what is happening.

I'd like to add the following concerning investment models or projections:

Investment models change all the time. Sometimes on a daily basis. For example let's say stock broker Joe creates an investment model for XYZ Industries. XYZ makes a new improved widgets thus Joe buys 10,000 shares of XYZ. His model shows he can make a 20% profit over a 1 year investment period. Suddenly Joe opens up the morning newspaper and finds out XYZ's main factory burned down and it's CEO ran off with half it's capital to Brazil. You telling me Joe can't or shouldn't change his original model??? Investment models are used by all types of investors and change all the time based on new information. Clearly my earlier versions lacked the information I now have at my disposal thus were slightly different. But the basics remain the same. http://www.answers.com/topic/model

The moral of the story is models have to adjust to changes to optimize success. For example what happens if Iran were to launch a heavy invasion of Iraq on Monday? We pretty much know that won't happen but it's only an example. If it did happen then every model or theory about IQD would instantly be tossed out the window or delayed for 5 or 6 years. The most successful investors in any investment field always keep an open mind about new infomation that comes in concerning that investment.