IMF's Article IV Consultation -- Reform Schedule -- Commentary

[Scooter]

DV Team,

I hope all is well!!!!! I just put this together and thought I would share.

Enjoy,

Scooter

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[woookiee]

Great info.

Thanks for the post.

[vato96]

looks good scooter!!! thanks for all of the hard work!

[BOBBY ROMERO]

DV Team,

I hope all is well!!!!! I just put this together and thought I would share.

Enjoy,

Scooter

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[cook100]

Thanks Scooter great information. Your information is the most creditable that i have seen no BS thanks. Thank you for the great deal of time that you have given to research our investment and that you are willing to share it with us. You are the man !!!!

[kingfish]

As always Scooter.... Great post

[Traconesu02]

Thanks for the post scooter .

[Butifldrm]

Great Post! Thank You Scooter!

[FishMan1969]

Awesome post......

The Troops are officially out now at 3:53 am Baghdad time.....

The conditions are all becoming ripe for this investment to be harvested.

Stay hungry, and get ready to eat..

Thank you Scooter for the DETAILED work.

[Trimark]

Thanks for the great information Scooter. As always, it's a very good, interesting analysis. I particularly liked the real exchange rate information.

[dinarrv9911]

Scooter, thanks again for sharing your research! Great info!

[cjmac]

Thanks Scooter!!!!!!!!!!!!!

[Steveruss]

Thanks again scooter

[hoodlion1]

good post

[HeavyDuty]

Once again scooter you continually connect the dots for us. Like when you go to a restaurant and they give the parents a kids menu. You open it up and there are a bunch of dots on a page that your child takes a crayon to and begins to connect the dots. The child keeps going from one dot to the next and kaboom, the picture appears. Your graphs, links and personal notations link the dots for us and the picture comes to life. I for one am getting a clearer picture of this investment and the more I read your posts, the more my feet are cemented into this journey. I gotta get me more dinar. Once again thank you for your selfless commitment. My hats off to brother.

HD

Edited August 19, 2010 by HeavyDuty

[Doc31]

Thanks for the post

[MrRich]

Thanks for the post Scooter. Excellent research.

I have a question about this part ....

$1 USD/292 IQD's equates to $0.0034246

Now, remove the 000's

If you divide 1170 by 292 you get 4. Does that mean that 1 IQD would become worth four times as much followed by a lop? So if you have 10 million dinars that cost you roughly 10K you could cash them in for 40K? Not quite the scenario most are expecting.

[profitmizer]

Thank you so much Scooter.

You are a real gem, and so glad to have your knowledge, and dedication to helping us all understand this investment better.

Thanks again,

TM

[Scooter]

HeavyDuty - "Hulk",

That was a very very cool analogy and I thank you for those comments --- You really need to speak out more! You provide a simple, yet eloquent way to get your point across and I'm honored by your comments!

Have a great evening,

Scooter

Once again scooter you continually connect the dots for us. Like when you go to a restaurant and they give the parents a kids menu. You open it up and there are a bunch of dots on a page that your child takes a crayon to and begins to connect the dots. The child keeps going from one dot to the next and kaboom, the picture appears. Your graphs, links and personal notations link the dots for us and the picture comes to life. I for one am getting a clearer picture of this investment and the more I read your posts, the more my feet are cemented into this journey. I gotta get me more dinar. Once again thank you for your selfless commitment. My hats off to brother.

HD

[oildriven]

Thanks Once Again Scooter.....

[FloridaChick]

Thank you Scooter! Great job. It really doesn't get any better than this!

[Chief V]

Thanks Scooter, great research and posting.

V

[Jac]

Thank yoiu great documentation and information!

[outerspaceboy]

Scooter your posts are both great and very informative.

The main question I have is with this RV number that comes from your calculation:

Currently the exchange rate is $1 / 1168 Dinar so the exchange rate is 1 Dinar = $0.0008561

okay and from the documentation $1/292 Dinar so you get your exchange rate of 1 Dinar = $0.0034246

So from this let say you have 1,000,000 Dinar which currently at the (1/1168 rate) equals about $856

At the new rate your $856 now becomes $3424 ...... now this seem more realistic than let say what everyone else keeps saying

Everyone keeps saying that the revalue is going to be 1 Dinar = $3.42 ..... (this is the part that doesn't make sense?)

I can see your money revaluing at approximately 3 x the current value ..... I just don't see where people keep thinking it's going to revalue at almost 4000 x the original value and become $3,424,600.

Could you please clarify.

Thanks

[kamm]

Scooter, You have once again outdone yourself. Thanks for putting all these post together for us. Steve