Popular Post Biker Posted May 4, 2011 Popular Post Report Share Posted May 4, 2011 Wednesday, May 4, 2011 CBI ~ Iraq Central Bank Auctions ~ Currency sterilization policy (low auctions) Explained ... E-mail, good news ...from Timsters @another site.com Currency sterilization policy (low auctions) Great explanation of the auctions and what the low auctions mean What Does Sterilization Mean? A form of monetary action in which a central bank or federal reserve attempts to insulate itself from the foreign exchange market to counteract the effects of a changing monetary base. The sterilization process is used to manipulate the value of one domestic currency relative to another, and is initiated in the forex market. For example, to weaken the U.S. dollar against another currency, the Fed would sell more U.S. dollars and buy the foreign currency. The increased supply of the U.S. dollar would lower the value of the currency. The Fed would do the opposite if it wanted to strengthen the U.S. dollar. Saleh is reassuring the foreign currency brokers that the drop in sales is due to sterilizing the CBI against the coming change of the dinar on Forex. This means they are RV'ing, and the process has started. This is simply HUGE! I quote "he called "sterilization policy currently pursued by the Central" Ok in a nut shell, this A form of monetary action in which the central bank attempts to insulate itself from the foreign exchange market to counteract the effects of a changing monetary base. The sterilization process is used to manipulate the value of one domestic currency relative to another, and is initiated in the forex market. Do you see where I am going with this???? Better yet simply Google "currency sterilization policy" and you will fully understand the dynamic of what is taking place and why the auction results are trending in the current direction. Remember when reading this the difference in Monetary & Fiscal Policy! Monetary policy is under the control of the Federal Reserve System or in Iraq (CBI) and is completely discretionary. It is the changes in interest rates and money supply to expand or contract aggregate demand where as the Fiscal Policy, is changes in the taxing and spending of the (GOI) for purposes of expanding or contracting the level of aggregate demand. An example of this is say in a recession, an expansionary fiscal policy involves lowering taxes and increasing government spending. Stop foreign transfers and a warning from the recovery (DAILY CURRENCY AUCTION) May 3 2011 http://www.burathanews.com/news_article_121780.html http://translate.googleusercontent.c...ter8rtxyq2xgka/ Come on Bay, GO RV 37 Link to comment Share on other sites More sharing options...
easyrider Posted May 4, 2011 Report Share Posted May 4, 2011 wow!!!!!!!!!!!!!!!!!!!! woooohoooo well boys and girls pack your things get your diapers on cuz this is getting good and coming in fast. 10 1 Link to comment Share on other sites More sharing options...
hookerwife Posted May 4, 2011 Report Share Posted May 4, 2011 (edited) Easy, I hope you are right..I am so ready to let Hubby quit his job and take me on Vacation!!!!! Edited May 4, 2011 by hookerwife 2 1 Link to comment Share on other sites More sharing options...
DinarThug Posted May 4, 2011 Report Share Posted May 4, 2011 Thx Biker. I love real Intel as opposed to the Guru-Mongering ! 2 Link to comment Share on other sites More sharing options...
speculatorsRIDE Posted May 4, 2011 Report Share Posted May 4, 2011 In process? How long before we see it on CBI? 1 Link to comment Share on other sites More sharing options...
Dianne Posted May 4, 2011 Report Share Posted May 4, 2011 Please...please...please!!! Link to comment Share on other sites More sharing options...
DRV1804 Posted May 4, 2011 Report Share Posted May 4, 2011 GREAT POST!!!! WHHOOOOO HOOOOO!! COME ON RV!!!!!! 1 1 Link to comment Share on other sites More sharing options...
Darin Posted May 4, 2011 Report Share Posted May 4, 2011 In process? How long before we see it on CBI? Good question: If we look at history with-in the past 2 weeks. Today: 12.9 M 5/03: 3.15 M 5/02: under 20 M 5/01: Holiday 4/28: 50 some M 4/27: 50 some M 4/26: Under 20 M 4/25: Under 20 M (All from memory so may not be entirely correct) 4/24: 150-ish M ** M = Million That gives us... 7 full auctions below the normal 150 M 5 auctions under 50 M One under 10M Banks participating change daily. If this was a process, how many days would need to occur of low auction as we are seeing?? You would think 7-10 days as a possibility. 3 Link to comment Share on other sites More sharing options...
speculatorsRIDE Posted May 4, 2011 Report Share Posted May 4, 2011 I have to agree with biker. This is HUGE! 2 Link to comment Share on other sites More sharing options...
ngriffi5 Posted May 4, 2011 Report Share Posted May 4, 2011 Makes complete sense in terms of economics. That is what the Fed does to a T. I have tried to remain grounded about these auctions, and think of every possible reason as to why they are happening. I just found my answer, which is what I was anticipating to be the case. This thing is nearing an end, and I personally believe this finally takes away all the lop talk or low rv. With these numbers the way they are anything less than around 80 cents seems unreasonable. Hopefully my thinking is correct because i would love get that post rv 4 Link to comment Share on other sites More sharing options...
20MillionDinar Posted May 4, 2011 Report Share Posted May 4, 2011 Very good news! Link to comment Share on other sites More sharing options...
Zemaduvant Posted May 4, 2011 Report Share Posted May 4, 2011 Bondlady chat had an article posted saying, only 6 banks are allowed to participate in auctions which is why it's been so low. However, i do hope as well.. Link to comment Share on other sites More sharing options...
aferriss Posted May 4, 2011 Report Share Posted May 4, 2011 http://www.finance-lib.com/financial-term-sterilization.html Above is the definition for financial sterilization. It's definitely in the process. GO RV!! 2 Link to comment Share on other sites More sharing options...
easyrider Posted May 4, 2011 Report Share Posted May 4, 2011 Link to comment Share on other sites More sharing options...
blue horseshoe Posted May 4, 2011 Report Share Posted May 4, 2011 My question is - once this process begins, must it follow the course or can you stop it? What I mean is what if the auctions start going up for whatever reason... does this mean this process has stoppped. We have seen the auctions low, albeit not this low. So, can the process stop and go or once it starts, it must follow through??? 1 Link to comment Share on other sites More sharing options...
DRV1804 Posted May 4, 2011 Report Share Posted May 4, 2011 LOVE IT EZ!!!!! Link to comment Share on other sites More sharing options...
Mountain man Posted May 4, 2011 Report Share Posted May 4, 2011 This is new terminology for this okie. Even the definition doesn't help however if it revs your engine, those in the know, well glory. I'll jump up and click my heels about sterilization. I've always shunned away from this but today, let's get her done. Go RV Go RV Go RV Link to comment Share on other sites More sharing options...
dogtrainer55 Posted May 4, 2011 Report Share Posted May 4, 2011 Everyone seems to agree that this is HUGE. We still may be weeks or months away, though. Don't quit your job yet! Link to comment Share on other sites More sharing options...
katshamm Posted May 4, 2011 Report Share Posted May 4, 2011 Please provide a link that works. Thank you! 1 Link to comment Share on other sites More sharing options...
RAGARCIA62 Posted May 4, 2011 Report Share Posted May 4, 2011 now thats what im talkin about. very exciting time. rv please. you cant see it, but im doin my happy dance Link to comment Share on other sites More sharing options...
WorkerBee Posted May 4, 2011 Report Share Posted May 4, 2011 Cautiously hopeful, don't get too excited.....what the heck.I gotta go find my dancing shoes, maybe I'll get to do the happy dance! Link to comment Share on other sites More sharing options...
nevasatisfied Posted May 4, 2011 Report Share Posted May 4, 2011 Outstanding....Cmon RV!!!! Link to comment Share on other sites More sharing options...
Slaydadea Posted May 4, 2011 Report Share Posted May 4, 2011 LOVE IT EZ!!!!! Slay. Link to comment Share on other sites More sharing options...
1risktaker Posted May 4, 2011 Report Share Posted May 4, 2011 wooo hooooooooooooooooooooGo Rv Link to comment Share on other sites More sharing options...
Biker Posted May 4, 2011 Author Report Share Posted May 4, 2011 For the ones that cant bring up the links, Go to your browser and type in East Meets West . It will bring up Global News in the middle east.And my thoughts on how long it will take, look at it this way , the longer they wait the more money they lose on the market, we are looking at Days mabe at the most 2 weeks tops. No Loop, locked rate hopefuly mid range 1 to 2 dollars. Just my thoughts. Some body smack me GO RV 2 Link to comment Share on other sites More sharing options...
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