Scooter Chat: Stardogger 6/1/10

[k98nights]

June 1, 2010 · Posted in CHATS / POSTS

http://www.stardogger.net/forum/show…hlight=scooter

20:06:05 [scooter] Good Evening

20:06:20 [scooter] I hope all is well and your weekend was enjoyable!

20:06:36 [scooter] Tonight were going to discussing

20:06:56 [scooter] regional area

20:07:01 [scooter] around or adjacent to iraq

20:07:17 [scooter] What rates do they employ and why

20:07:27 [scooter] First things first — there was

20:07:42 [scooter] an interesting article that goes to determining

20:07:57 [scooter] rate factors —- honestly noone and I mean

20:08:03 [scooter] no one has the magical secret code

20:08:18 [scooter] because every country ends up

20:08:28 [scooter] using different methodoligies

20:08:32 [scooter] But for tonight

20:08:37 [scooter] what were going to do

20:08:51 [scooter] is study iraq’s neighbors and what rate they have

20:08:55 [scooter] So

20:09:00 [scooter] If notice in the post

20:09:09 [scooter] Top to bottom

20:09:15 [scooter] Kuwait is the kingpin

20:09:22 [scooter] at $3.45

20:09:24 [scooter] roughly

20:09:45 [scooter] at the bottom is Iran — .00010

20:09:45 [scooter] Wonder why that is

20:09:47 [scooter] hmmm

20:10:05 [scooter] What you see are three spreadsheets

20:10:25 [scooter] everyone of these macroeconomic variables dictate the exchange rate

20:10:41 [scooter] for just about every country

20:10:47 [scooter] but why is there such a disparity

20:10:57 [scooter] between Iraq

20:10:58 [scooter] and the others

20:11:12 [scooter] First of all —- Iraq’s rate is

20:11:17 [scooter] way way way way undervalued!!!!!

20:11:43 [scooter] in fact the CBI is getting heavy pressure from iraq’s neighbors to bump it up immediately

20:12:01 [scooter] So right now Iraq is at .00085

20:12:19 [scooter] they have over 31 million people in its populace

20:12:39 [scooter] and they have a steady growth for an emerging country

20:13:05 [scooter] The numbers on the first spreadsheet

20:13:08 [scooter] you need to be aware of

20:13:15 [scooter] are the population

20:13:30 [scooter] The GDP Per capita

20:13:36 [scooter] and most important

20:13:51 [scooter] GDP Per Capita — ppp

20:14:04 [scooter] What the per capita numbers shows

20:14:16 [scooter] is individual GDP

20:14:36 [scooter] For example $3,569

20:14:52 [scooter] is the value that each individual

20:14:58 [scooter] contributes to the output of iraq

20:15:09 [scooter] Now take a look at the rest of the players

20:15:20 [scooter] Kuwait $38,304

20:15:32 [scooter] Bahrain $27,067

20:15:40 [scooter] Qatar — this is amazing

20:15:49 [scooter] $83,840

20:16:06 [scooter] Why they aren’t higher than Kuwait is beyond me –

20:16:17 [scooter] So lets look at the discrepancies

20:16:40 [scooter] Iraq of course

20:16:56 [scooter] It sits right in the area of Syria

20:17:03 [scooter] but the rate is so low

20:17:10 [scooter] Remember

20:17:33 [scooter] These are tech numbers — the fundemental part of the equation is even being addressed

20:17:46 [scooter] That’s the oil and agricultural exports

20:18:02 [scooter] When looking

20:18:17 [scooter] take a hard look at the population — that can be good or bad

20:18:32 [scooter] Also when we open this up for discussion

20:18:53 [scooter] Ask youself Why is Saudi Arabia only worth .26

20:19:03 [scooter] or Why is Jordan worth 1.40

20:19:18 [scooter] Jordan isn’t doing anything special

20:19:26 [scooter] So here it is

20:19:39 [scooter] Iran is way undervalued because of long time sanctions

20:19:42 [scooter] they’ll be like that for sometime

20:19:59 [scooter] Saudi Arabia —- Just entered WTO in 2005 -

20:20:15 [scooter] They are also heavilly pegged to the USD

20:20:28 [scooter] When the USD goes up — so does the Saudi currency

20:20:45 [scooter] Jordan is Overvalued in my mind

20:21:06 [scooter] But more importantly loook at the GCC countries that Iraq wants to be a part of

20:21:16 [scooter] Kuwait Bahrain

20:21:22 [scooter] Saudi and Qatar

20:21:32 [scooter] Now look at their populations

20:21:37 [scooter] and their GDP

20:21:40 [scooter] PPP

20:21:57 [scooter] Also — Every one of those countries is part of the WTO

20:22:07 [scooter] Syria Iraq Iran Afghanistan Yemen

20:22:18 [scooter] Those countries are not

20:22:33 [scooter] You start seeing the trend —- The WTO is massively important

20:23:04 [scooter] it takes alot of years but the US has expedited its assencion

20:23:24 [scooter] Don’t know when — but they’ll be breaking a record

20:23:28 [scooter] OK right now —- Let’s unmod the room

20:23:34 [scooter] Open up for discussion

20:23:41 [scooter] That’s where the fun is

[ronscarpa]

Good Post Woody - Thanks...!

You would need to add (cut & repaste) the link (even though it's another site) if you want to view the charts to better understand his Chat. The one you have posted is corrupted. JMHO...!

RON

[SuperFlyJr]

Very interesting breakdown. Iraq certainly has huge potential once they get sanctions lifted, new business to flow in, and more oil to flow out.

[retirementafterrv]

thanks for the post woody

[Short6]

How wonderful to see things finally coming together!!! Could It be that the end may be in sight? DV/RI Faithful!!

[LOCOMOJO]

............THANKS WOODY