Thread: IMF April 30, 2007

Originally Posted by neno

Finally you got it.

No I don't but please don't try to explain again My head hurts now.

Originally Posted by shotgunsusie

safedinar wasnt reporting that figure however, the cbi automatically generated email which senses changes on the website is the one that reported that. THE CBI not safe d.

You know Susie. I think you just might be right....

is there a new loi? hasnt the last one expired??

Originally Posted by costar01

No I don't but please don't try to explain again My head hurts now.

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.

thanks-neno

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+/-.

Originally Posted by neno

I can tell from these last few post, that the whole thread is not read....

If they keep going at the rate they are with all the lastest news and now a IMF update of a exchange rate to work from along with implementing the HCL be the end of the month, I hear a Internal RV by May 31. Then a External RV with the ISX in the FIRST WEEK of June. It has all been laid out in the News. It just has to fall in now. And Yes I believe, Hope, and have the Faith. Way More than normal of things happening now.

I have read all of the threads but still have problems following just what the heck is going on. Even reading these threads I still see several numbers suggested for an RV. So what is it .19, 1.27, or 1.92?

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.

Really appreciate you showing up. I never would of figured the SDR with out you. But I have been trying to explain that we want the Dollar peg instead for a much higher RV.

Good people here. Our Investment Brothers/Sisters. Again Thanks. Ok you got the floor.

Originally Posted by kuga

i 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.

Originally Posted by neno

Really appreciate you showing up. I never would of figured the SDR with out you. But I have been trying to explain that we want the Dollar peg instead for a much higher RV.

Good people here. Our Investment Brothers/Sisters. Again Thanks. Ok you got the floor.

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.