Quote Originally Posted by c1ue View Post
Bart,

It is not surprising that the SDR tracks the dollar - especially since we all know that the originator of the SDRs is actually controlled by the US.

My point was that I had not before ever noticed SDRs announced as a public basket of currency exchange values.

Some acronymic and academic pseudo currency which only is exchanged between CBs is not the same as a real world proxy for value.

Case in point: the $1000 bill. Sure, it exists. But just try to cash one :eek:

Yep, no worries.

I just posted those charts to show how long the SDR had been around, to show the dollar percentage of the SDR variations and also to show that shift in correlation.