Screwball on Nenos

[03:10:35 16/08/09] Screwball : WASHINGTON, Aug 13 (KUNA) -- The International Monetary
Fund (IMF) Board of Governors formally approved a general allocation of Special
Drawing Rights (SDR) equivalent to USD 250 billion to provide liquidity to the
global economic system by supplementing the Fund's member countries' foreign
exchange reserves, the Fund announced here Thursday. The IMF said in a
statement about USD 100 billion of the general allocation will go to emerging
markets and developing countries, of which low-income countries will receive
over USD 18 billion. It added that the general SDR allocation will be made on
August 28 to IMF members that are participants in the SDR Department, which is
currently all 186 members, "in proportion to their existing quotas in the
Fund, which are based broadly on their relative size in the global
economy." The IMF Executive Board backed the general allocation on July 17
following the commitment made by G20 leaders at their April summit to boost
global liquidity and welcomed by the International Moneta


[03:19:11 16/08/09] Screwball : so do we agree that we could see some change in sdr next
weekend????


[03:19:21 16/08/09] Screwball : did you read article above?


[03:19:42 16/08/09] @ OOSTUOO : yes--I agree


[03:19:58 16/08/09] Screwball : did you see the cnbc video?


[03:20:16 16/08/09] @ OOSTUOO : did you make sense of the video you watched all day?


[03:20:37 16/08/09] @ OOSTUOO : I did not see it --I am in the middle of moving into a new
honme


[03:20:44 16/08/09] @ OOSTUOO : home


[03:20:45 16/08/09] Screwball : yep when dd reminded me of the above article now I know
why they said watch for announcement during ramdan


[03:20:53 16/08/09] @ OOSTUOO : dwelling, abode,


[03:21:26 16/08/09] @ OOSTUOO : timeframe the 28th you say?


[03:21:59 16/08/09] Screwball : starting the 22n/23rd and going to 28th


[03:22:15 16/08/09] Screwball : allocations to be made by the 28th


[03:22:21 16/08/09] @ OOSTUOO : ok--good deal


[03:22:26 16/08/09] Screwball : I posted article again above dd


[03:22:40 16/08/09] @ OOSTUOO : prediction on RV date?





[03:30:47 16/08/09] Screwball : a tleast ost like talking to me! lol..


[03:31:52 16/08/09] Screwball : smart cards also around the 22nd or 23rd


[03:32:08 16/08/09] Screwball : el fitr holiday


[03:32:15 16/08/09] Screwball : hmmm! exciting weekend


[03:32:27 16/08/09] Screwball : or week starting the 22nd
_________________

OH My....the Warka pumper is making predictions now....lol.....too funny!
looks like he's been reading our stuff over here anyways....we've talked about the SDR increase for the last couple of weeks......

well I was thinking they needed to do this prior the the 28th (SDR increase) due to the fact countries will have access to them at a much lower rate prior to reval.

MrsCK wrote:Windreader and I have debated the SDR increase for the last 2 months...posted some of our thoughts here....Personally I have stated many times that the SDR increase needs to happen first and when parliment gets back around Sept. 8th...they pass the HCL...then RV after. BUT..nobody wants to hear end of Sept. or Oct.

Well lets hope the Surprise us with TONIGHT 5.26!!

MrsCK, just wanted to let you know much I appreciate and how refreshing
it is to see someone post an educated opinion, based on factual information
and news articles. Although, some might not like the fact that your
info does not come from a secret source, an economist,a bank president
from Texas, or a german investor, who has snuck into the country to
cash in, I Do. Thanks again.

hence the very reason this forum was started.....