Thread: IMF April 30, 2007

Originally Posted by neno

This was my 4th one to Graduate from High School. She is going to college as her Oldest Sister Graduated from collage 2 years ago. The other older two Brothers are in the OIL FIELD.

Two More Next year and then the Baby at Home, with a very Rich Dad before all that agiain.

You're a busy guy, Neno. Bless your heart!!

Originally Posted by neno

Now, after reading what Kuwait has just done, it would seem that Iraq may very well use the SDR Equation. And if they did from what we have of April 30th from the IMF file and use the SDR rate of May 18th, and....they implemented it now. You and I would see $1.27 now. There is alot of if's there. They will use one of these equations, that is a fact. Just since the IMF Updated 2 weeks later for the April 30th rate, it has us all Speculators really Speculating Now....

I know there really is no answer at this time, and I remember a couple of posts back some one giving the SDR rate to the USD rate, and it seamed to match the .000790, so we have to see what it is RV to, and if zero's come off.
Thanks for all the excitement, it started to feel like April 30th all over again.
barmurphy

W H E N ????

Originally Posted by deepfreeze

W H E N ????

yeah, what he said!

Originally Posted by neno

But we dont want the SDR Rate for the Peg. We want the Peg to the Dollar rate as to be in the New LOI like it was in the last LOI. This will put us much higher than the SDR Peg rate.

so are we 100% sure their was a previous LOI that stated a want to RV the dinar at 1 to 1 euro in the past?

and if so, could this inclue a " lop " , to make this RV happen?

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 frequent the forums almost daily, still i am not sure what an " internal RV" is.. please explain...

so are we 100% sure their was a previous LOI that stated a want to RV the dinar at 1 to 1 euro in the past?

and if so, could this inclue a " lop " , to make this RV happen?

Why would there be a lop? Is this expected. Why wouldn't there be a lop?

Would it be advantageous to lop or is the USA heavily invested in dinar and this will not be alowed to happen?

I'm just hopin' for at least that $1.27 value that has been bantered about here.

Originally Posted by neno

My first email from them was at 3:30 am CST, with the 1269 from 1270.

Then again at 9:08 am CST, with the .19 from 1270 move.

Then once more at 10:38am CST, back to the 1269 from 1270.

What got me was I was on the phone with Chase at around the time between the 9:08 and the 10:38 emails. Once I went from my BM friend's rate disclose on her screen a the Bank to the next Teller it all changed.

So Chase piggyback it also.

well that was the RV it happend, we all had our chance to cash in, allbeit only about an hour or so, but it was there .....

just think $5,000,000+ per million dinar

makes you wonder if you were actually their with dinar in hand, what would have happend..

Yeah, no kidding Mike. It does make one wonder doesn't.

Been away for a while so catching up. All this info is quite confusing. The way I look at it is we can't do anything about the rate or the date for that matter. All I want to know is WHENNNNNN!!!!!!