REGIONAL COMPARISON -- IRAQ, OIL AND NON OIL PRODUCING COUNTRIES

[Scooter]

TEAM,

I thought I would post this since several people in chat were requesting some additional news and topics -- it's preliminary an without comment but I'm interested in what you think. Should be good discussion in Chat!

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Best,

Scooter

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CHAT THAT FOLLOWED SCOOTER'S POSTING OF THIS THREAD:

Chat bout scooters chart:

3:55 PM [gwright] Scooter well I am going to cause some talk...I have no idea what I am looking for and if I'm the only one so be it but I am getting tired of not saying I don't understand it...sorry but that's my story

3:55 PM [scooter] oh yea

3:55 PM [scooter] never

3:55 PM [scooter] gwright that post was supposed to ask that question

3:56 PM [scooter] It's foreign material that most don't understand

3:57 PM [scooter] It took me a long time to understand that stuff

3:57 PM [racbluto] Scooter to me it shows how undervalued there currency is in comparison to the surrounding countries

3:57 PM [scooter] racbluto racbluto keep going

3:57 PM [scooter] you're correct ---- now go one more step deeper in that thought

3:58 PM [racbluto] Scooter the potential for growth?

3:58 PM [scooter] Yes

3:58 PM [scooter] and what about the GCC

3:58 PM [scooter] Start thinking 18 months out

3:58 PM [scooter] where does Iraq need to be

3:58 PM [scooter] to join into the GCC

3:59 PM [scooter] Then think about WTO

3:59 PM [scooter] what effect that will have

3:59 PM [racbluto] yes they need to line up closer to the other GCC countries

3:59 PM [AllforKy] does it also seem to infer that they would have to rv at or near surrounding nations currency in order to be competetive?

3:59 PM [scooter] Remember Afghanistan is a member of WTO now

3:59 PM [shawnW] IMO Iraq being in that equation greatly enhances the GCC.....if thier currency is in the range of Kuwait, or Bahrain

3:59 PM [scooter] and Look at that growth pattern

3:59 PM [RVorBUSTT] wow..im starting to get it

3:59 PM [scooter] I know one thing is for sure

3:59 PM [saoirse] Scooter and Iraq have very recently stated they want to join WTO

3:59 PM [scooter] Quatar is way undervalued

4:00 PM [scooter] Big time -----

4:00 PM [scooter] Also

4:00 PM [scooter] look at the population

4:00 PM [gwright] RVorBUSTT I think I am also

4:00 PM [racbluto] yes

4:00 PM [scooter] but the most important part are these factors

4:00 PM [Logical1] Scooter thanks for the new post

4:00 PM [scooter] bar none

4:00 PM [scooter] PPP -- purchasing power parity

4:00 PM [blanc] Scooter if they team it with thw USD won't that strenghten our currency???

4:00 PM [saoirse] Logical1 is it up on the forum

4:00 PM [Logical1] saoirse i read it

4:00 PM [scooter] on a per capita basis

4:00 PM [Nelson0528] This sort of like having an F-16, knowing how to fly it, and having zero fuel....

4:00 PM [blanc] Pair

4:01 PM [saoirse] Logical1 sry...was asking if it was up in the forum

4:01 PM [Logical1] saoirse yes it is

4:01 PM [scooter] saoirse saoirse the ASEM meeting is in Brussels October 2-5 -- Asia and European ministers with voting rights for WTO ascension

4:01 PM [racbluto] Scooter yesssssss looks like great news for us

4:01 PM [saoirse] Logical1 thx...I lost connection and when I came back scoots was here

4:01 PM [RVorBUSTT] ssssssshhhhh

4:02 PM [scooter] RVorBUSTT SEE --- You had it in you all along !!!!

4:02 PM [scooter] Good for you ---

4:02 PM [scooter] Very smart ----

4:02 PM [scooter] Logical1 YW

4:02 PM [RVorBUSTT] ummmm...i got lost agin.. i got the jist

4:02 PM [scooter] blanc I don't understand the question

4:03 PM [scooter] do you mean if they put it at the same level

4:03 PM [scooter] or are you talking the pairing USD/IQD

4:03 PM [scooter] Nelson0528 Nelson0528

4:03 PM [scooter]

4:03 PM [saoirse] Scooter thank you !

4:03 PM [superfly] Hello All, does it look like we will get our RV by weeks end?

4:03 PM [blanc] Scooter read something about pairing currencies that will strenghten which ever one they pai with???

4:04 PM [blanc] pair

4:04 PM [scooter] blanc blanc ok

4:04 PM [scooter] so the pairing won't have that type of effect but it will be very very good when the pairing gets listed

4:04 PM [scooter] on the forex

4:04 PM [scooter] When live trading begins

4:04 PM [blanc] Scooter could help usd

4:04 PM [scooter] I hope that helps

4:05 PM [Logical1] and the live trade has to start be when?

4:05 PM [blanc] Scooter thx

[Sunglass]

now this is classy!

Geaux RV!!!!!

[racbluto]

thanx scooter,, need to digest this a while to understand it,,, really appreciate the info

[Eddinar]

As always Scooter, you are the man...

[Logical1]

Looks like all they need is a Government and an RV of their currency

[Barboza]

As always Scooter, you are the man...

It should be required that each Iraqi member of the Parliament, plus the wannabe presidents, graduated from Scooter's College of Advanced Reasoning. They would be able to take their country into a safe financial journey... full of prosperity and financial recognition!

Thanks, Scooter, for posting it!

- Barboza

[RicknSaudi]

Thanks Scooter. Yet another of your well-researched presentations that are always thought provoking and on topic. KUTGW

[cgbrown]

Thanks Scooter, always enjoy your material.

[MovieMaker]

YES! I also agree with Barboza!