purebs

he just changed the name. what a joke

Why cant you get your own info. Why do you have to post infomation from? And you dont even give that site credit!!!!!!!!!!!!!!!!

http://currencynews hound.wordpress.com/2010/12/27/imf-reminder-sdr-currency-basket-set-to-change-rates-issued-dec-30-effective-jan-1/ get rid of the space between "news" and "hound" for the link IMF Determines New Currency Weights for SDR Valuation Basket Press Release No. 10/434 November 15, 2010 The Executive Board of the International Monetary Fund (IMF) today completed the regular five-yearly review of the basket of currencies that make up the Special Drawing Right (SDR) and of the interest rate on the SDR. The value of the SDR will continue to be based on a weighted average of the values of a basket of currenciescomprising the U.S. dollar, euro, pound sterling, and Japanese yen. The SDR interest rate will also continue to be determined as a weighted average of the interest rates on short-term financial instruments in the markets of the currencies in the SDR basket. SDR Valuation With effect from January 1, 2011, the IMF has determined that the four currencies that meet the selection criterion for inclusion in the SDR valuation basket will be assigned the following weights based on their roles in international trade and finance: U.S. dollar 41.9 percent (compared with 44 percent at the 2005 review) Euro 37.4 percent (compared with 34 percent at the 2005 review) Pound sterling 11.3 percent (compared with 11 percent at the 2005 review) Japanese yen 9.4 percent (compared with 11 percent at the 2005 review) The criterion used to select the currencies in the SDR basket remains unchanged from the 2000 and 2005 reviews: the currencies included in the SDR are the fourcurrencies issued by Fund members, or by monetary unions that include Fund members, whose exports of goods and services during the five-year period ending 12 months before the effective date of the revision had the largest value, and which have been determined by the Fund to be freely usable currencies in accordance with Article XXX (f) of the Fund’s Articles of Agreement. The weights assigned to these currencies continue to be based on the value of the exports of goods and services by the member (or by members included in a monetary union) issuing the currency and the amount of reserves denominated in the respective currencies that are held by other members of the IMF. These initial currency weights are rounded to one decimal place, rather than to the nearest whole percentage point as in past reviews. The amounts of each of the four currencies to be included in the new SDR valuation basket will be calculated on December 30, 2010 in accordance with the new weights, and will go into effect on January 1, 2011. The calculation will be made on the basis of the average exchange rates for these currencies over the three months ending on that date in such a manner as to ensure that the value of the SDR will be the same on December 30, 2010 under both the revised valuation and present valuation baskets. SDR Interest Rate The IMF also reviewed the method for determining the SDR interest rate and decided to continue to set the weekly interest rate on the basis of a weighted average of interest rates on short-term instruments in the markets of the currencies included in the SDR valuation basket. The interest rate on the three-month Treasury bills of the United States, United Kingdom, and Japan, and the three-month Eurepo rate will continue to serve as the representative interest rates for the U.S. dollar, pound sterling, Japanese yen, and euro, respectively. A press release providing the final currency amounts in the new SDR valuation basket to take effect on January 1, 2011 will be issued by the IMF on December 30, 2010. The first SDR exchange rate using the new basket will be posted on January 3, 2011. The first SDR interest rate based on the new basket will be calculated and announced on January 7, 2011, and will be effective during the week of January 10–14, 2011. Further information on the SDR can be found on the IMF’s website (http://www.imf.org/external/fin.htm). As a service to the users of SDRs, the Fund will project the currency amounts in the revised basket beginning December 8, 2010, and update these projections every week for the remainder of the year and post them on the IMF’s website (www.imf.org). As the currency amounts will be based on a three-month average of exchangerates, these projections will tend to iterate toward the final effective amounts, thereby keeping users informed of the likely final currency amounts in the new basket that takes effect on January 1, 2011.

one article say 170,000 and the other says 170,000 dollars

All you did is answer my question with another question. What did Adam do that is worth Thousand's? You are telling me not to believe the Business men but to Believe Adam? Not sure I understand. Unfortunatly this is a question that we have to wait until after the RV for. And if it never happens or if we just break even we will be out the money that you spent. Unless there is something else, I think I am going to wait it out. I do not need to add a monthly expense to the already waiting game for the rv.

From what I have seen I do not see a reason to join, that is why I asked the question. What are you really getting for 400 + a year?

What do vip members think about vip. Is it worth it? Lets say you joined VIP in January of this year. It is now The end of December. YOU have spent, what 400 dollars( 30 x12) plus or minus, my question is, are you anymore ahead then the non vip members? I am thinking about joining, i cannot see why you would join. With all the info out there and all of the other site's, why would you pay for free info? Please do not go into that the site costs money to run, their are other sites that do not charge and do not have any adds. This site has adds to pay for the maintance. I have read that Adam is going to school. Is that being paid for by VIP? That is ok if at the end you are going to get something back. Also, please do not go into the whole better rate with numbers. There are dealers out there that have stated numerous times that they will be giving the cbi buy rate. That cannot be beaten, mabey matched but not beaten. What are you getting that the non vip members are not. Thank you for your answers. I amvery interested in the answers.

I wish i had my two minutes back that it took to read this.

I say that he does not have any new link. They are not changing their address. Just like my name pure...

the real point is your last sentence, quote ", i was prepared to receive some ridicule." why is it that people expect this from this site? Other sites that I visit do not have the nonsense that goes on here. Thank you for your post.

DOnt forget, Iraq is selling the oil to us for 35-45 a barrel. We have a agreement with Iraq for oil. SO, they will not be selling it at spot.

IT is not his rumor, he took it from pd. from what I read it is a true story.

So what you are saying is this is true and not a rumor? I also read it over at pd, you have the same screen name. It is funny, Almost every thing that I read here I read over there a few hours earlier. IF you are going to steal somebody's rumor, make sure you get all the facts correct!!!!!!!!!!!!!

I believe you. If you would lie about being In a explosion with the guy just to make people believe you, I would say that you have problems. Again, I trust what you said. For what its worth, Mr realistic, I mean mr negative, don't bother listening to him. I am on another board and they chased him out of there.he turned negative when he gave a date and rate and it never came through.

I believe you. Why would somebody not believe it? Don't listen to all the naysayers on this sight.