No I don't but please don't try to explain again My head hurts now.:nunu:
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is there a new loi? hasnt the last one expired??
Mine too. I suggest go back to the beginning of the Thread. It is all laid out of what I am trying to show from the help of alot of others that have helped me. lol. Good Night Everyone. I am going to finally watch a real TV Show instead of CNN, FOX, or anything else Tonight about IRAQ. :bow:
thanks-nenohttp://bestsmileys.com/kissing1/1.gif
Susie is correct : if Safedinar really had inside info they wouldn't still be
selling; especially if the rv was days away at 5.00+/-.
i originally helped neno out with the equation he posted a few pages back. so, i will try to clarify the .19 rate as well. so, lets get started.
for starters, i will say that i think this is an odd coincidence, and not so much the way it will work out. the .19 number can be generated by moving the decimal of the sdr rate 4 spots. this will make 1 nid = 5.16 sdr. using the equation from before, you have (1 nid * 1 sdr) = (5:16 sdr * x nid) . therefore, 1/ 5.16x = .19.
i couldnt tell you why the decimal is moved 4 spots, nor can you use this to determine a usd amount (unless you plug it all back in the equation from earlier). however, it is a very strange coincidence and one that warrents some more thought.
thanks neno for the warm welcome! i am glad to be here. i hope i can answer some of the questions people may have. in all actuality, the sdr is a normalization rate among currencies - it is the rate that keeps consistency among currencies. if the dollar continues to devalue to other currencies, the basket approach of the sdr lightens that decline. a dollar peg is more susceptible to dramatic change than the sdr.
with that said, even if the goi used the sdr as a standardization (i believe the imf will always use the sdr rate - even if pegged to other currencies), moving the decimal to the right 3 places on the sdr rate will normalize out to the $.78 usd = $1 nid rate discussed earlier. you can plug this rate into the formula earlier to see how they will balance.
imho, i would think the sdr rate is a safer rate for iraq to reference due to the decline in the dollar over the last several years. either way, imf will always reference in sdrs to normalize the values.