Popular Post Doc31 Posted January 13, 2011 Popular Post Report Share Posted January 13, 2011 Currency Auctions Announcement No. (1813) The latest daily currency auction was held in the Central Bank of Iraq on the 13-JAN-2011. The results were as follows: DetailsNotesNumber of banks17 Auction price selling dinar / US$1170 Auction price buying dinar / US$----- Amount sold at auction price (US$)128,533,000 Amount purchased at Auction price (US$)----- Total offers for buying (US$)128,533,000 Total offers for selling (US$)----- Exchange rates Dollar's exchange rates / in Baghdad markets Spot Oil ... what is listed above is basically the NYMEX crude future ... Bloomberg is showing Dated Brent Crude at $97.16 and an average of the three listed (WTI Cushing spot is the other) of $93.60 (or nearly $2 higher than the NYMEX Spot Gold is running in a $12 channel (with one bump up mid-day yesterday) that it has been for days. Zeroes ... The cash portion is 1.32M against considerably lower volume representing 1.02% ... while I am calling this a near Zero day I am aware that the Iraqis continue to take bigger and bigger "breaths" if you will over the last two weeks of auctions. As I explained yesterday, they are a far cry from pre-Oct 7th. However, it is possible that it is beginning to show another pattern and we will "keep an eye on it." I think that it is worth mentioning again what Frank26 has always said, " Don't listen to what the GOI is saying ... look at what they do". This should help many sort out the things that are in direct opposition to purpose ... to find the "order in the chaos" if you will. News posts of interest this morning: Al- Qaeda operations financier arrested in Baghdad ... this is a huge security issue ... with no money it's difficult not impossible to attract, equip, KEEP terrorists. Osman: Parliament will read the budget are primarily Thursday ... well after the link disappeared yesterday it is back up ... WE WILL SEE won't we? Kurdish lawmaker: Biden will discuss with officials of things behind the scenes ... this one is interesting in the fact that Frank26 has always said that the Kurds are in control. We've been told that HCL has been taken care of and all issues dealing with Kurds are done and that they are happy (after a few tweeks yesterday) so if Biden's presence is actually necessary rather than ceremonial full of rhetoric and hand shaking (he met with al-Maliki) it calls into question whether or not they are actually happy. Yes, I see that there is another article saying that he is there to discuss American military departure ... we'll see. Lol ... there are two articles about the National Alliance ... one says that they agreed to the security positions ... the other says that they reneged ... a perfect example of where to apply Frank26's rule. Yes I know that the timing is different ... my point is that we will have to just wait and see what is what! Turkish energy company signs Iraq deal worth $445.5 mln ... this is in keeping with the calendar of big contracts that Iraq was scheduled to sign ... GOI is NOT completely seated? Doing business as if they are? With colored toilet paper? I know you see where I'm going with this ... counter-intuitive isn't it? ... Here's another one ... same country involved (Turkey) different sector ... Iraq grants license to Turkish Bank for branches in Baghdad and Erbil Iraqi press affirms Kuwaiti PM''s visit to open new chapter in ties ... this says that both are now playing nice together and that is why the Emir's visit ... you didn't really think that he was there to pick up check did you? ... lol ... a friend pointed out that there isn't enough room for all of the zeroes in billions on a check ... I told him that I would manage it somehow if they'd give me the job ... lol! There's another article saying that they have even formed a committee to iron out all of the remaining issues ... uh, huh. Damluji: next week, Parliament will vote on the (security) law ... this one goes on the back burner. A friend in my group just texted me that the Jordanian site was still showing $3.22 ... enough said. Frank26 for 7-10 days was so excited about the 10th, Sunday he pushed it to the 11th, but on the 10th you could hear the despair in his voice. By last night he had recovered and the joy was back. Again I remind you to consider that while we watch all of these folks ... perhaps 3 days into the "crystal ball" is as far as anyone will ever be able to see. He reminds us that EVERYTHING that HAS to be done has been done. That this delay is perhaps posturing, the architects of the plan, "getting it right", appeasment of the Kuwaiti's (maybe the Kurds), etc. I hope that he is right. He has more imbeds, interpreters, and worker bees than anyone. He is worth listening to. I've told you that I don't know when this will happen ... it certainly wasn't 2010 ... so will it be 2011 ... I believe so ... but there are those who still say 2012 ... I do not share their beliefs but then I was convinced by Shabibi's record that he would do what he said that he would do in 2010 ... who would guess that the thugocrat al-Maliki would push things out farther ... past the "last nanosecond" that the Iraqis are noted for ... should have seen that coming huh?! Okay for you hard core folks I'm sure many of you are saying "what up with giving us a play by play on the news Doc"? And then a "mea culpa". Well today's post was my way of showing newbies and those with little time how I sort the "order out of the chaos" which is a common comment on my posts. In other words it wasn't really for the "Dinar News Warriors" that this site is known for. I'm trying to give a few tips on the process. First, did you notice that I DID NOT show a single rumor item? Exactly! Then I reminded you not to LISTEN to what they say but what you SEE them do. Then I just went down the news list ... read, noticed (when opposing or multiple articles existed), and commented. Why you say ... because my plate is very full presently ... I can't spend the time that I was spending studying and this should give you a better sense of what is and what is not with or without me commenting on it. I will continue to post the CBI Currency Auction combined with spot oil, spot gold, and zeroes/near zeroes. My commentary will either continue in this format or as time allows. Peace to all Doc31 27 Link to comment Share on other sites More sharing options...
DTH Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... 2 24 Link to comment Share on other sites More sharing options...
Doc31 Posted January 13, 2011 Author Report Share Posted January 13, 2011 No Budget No RV... Really? 4 Link to comment Share on other sites More sharing options...
Inicio Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks Doc! 1 Link to comment Share on other sites More sharing options...
quadraph0nic Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks Doc! I like your commentary, I appreciate your perspective. Link to comment Share on other sites More sharing options...
PacoTaco Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks Doc for putting this info together in one spot to read. One thing is absolute fact, the RV has not happened yet and so far we don't know what is really needed for it to happen or when. So just enjoy the day and when it does happen where we can cash in, Oh what a day it will be. When I do have idle time, not often...I plan/dream of ways to help others and do good. Wishing for a 2011 RV! Link to comment Share on other sites More sharing options...
splicer09 Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... Wow really. Is this all you have to say today. Seen the same remark on other topics. Thanks Doc for your posts. 2 1 Link to comment Share on other sites More sharing options...
dizzyd Posted January 13, 2011 Report Share Posted January 13, 2011 Appreciate the breakdown Doc, we can only hope our ride will end soon! :rolleyes: :D :D Link to comment Share on other sites More sharing options...
harry2299 Posted January 13, 2011 Report Share Posted January 13, 2011 Doc, Thanks for all your information it is very much appriciated....No BS just good info, thanks again.Peace. Link to comment Share on other sites More sharing options...
Hfeliu Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks Doc Link to comment Share on other sites More sharing options...
dollarsense Posted January 13, 2011 Report Share Posted January 13, 2011 Well done Doc Link to comment Share on other sites More sharing options...
aferriss Posted January 13, 2011 Report Share Posted January 13, 2011 Thank you, Doc. Very much appreciate your no nonsense approach to this sort of thing. God in His time will place things as he wants them and not one second sooner or later. Eventually something will happen. We just need to be patient. Thanks again and God bless. Link to comment Share on other sites More sharing options...
sunshinelvr Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks Doc31 I think you are the Bomb!! Well said!! 1 1 Link to comment Share on other sites More sharing options...
Carrello Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... Wow...what insight you have. And you repeat that insight over ,and over, and over, and over......on so, so, so many posts. I bet if I asked you if you have any OTHER credible inside information to share with the rest of us, you would say "nope." Enough already. 1 1 Link to comment Share on other sites More sharing options...
dlb Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... and yet.... he continues to read... 1 Link to comment Share on other sites More sharing options...
Papster Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... Here try this one....No officially announced GOI......No RV.........you can spread that one around each thread too. 1 1 Link to comment Share on other sites More sharing options...
NICKS Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... Nice post, @$$ 3 2 Link to comment Share on other sites More sharing options...
toughluckracing Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks doc Link to comment Share on other sites More sharing options...
GaPeach Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks, Doc! For this newbie you put a great deal of information into a context I can understand. I look for your post daily as I know I will learn something new. I really appreciate your time and effort that you put into this forum. May God richly bless you. 2 Link to comment Share on other sites More sharing options...
usndiver Posted January 13, 2011 Report Share Posted January 13, 2011 No Budget No RV... Assclown says what? 1 1 Link to comment Share on other sites More sharing options...
stephen Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks doc you do a great job Link to comment Share on other sites More sharing options...
Ransom Posted January 13, 2011 Report Share Posted January 13, 2011 I do wonder how this will all add up in the end. I know our government is always making some changes. People retire, get new positions, we shuffle money from our budget where it is needed or if there is a tragedy. I would imagine that they "want to get it right" but if they have the major positions filled and the budget near perfect then they may just adjust as needed afterward. Just a thought. Link to comment Share on other sites More sharing options...
Dog lover Posted January 13, 2011 Report Share Posted January 13, 2011 PATIENTS, PATIENTS PEOPLE, THANKS 4 THE POST DOC---------GO-RV Link to comment Share on other sites More sharing options...
gp49 Posted January 13, 2011 Report Share Posted January 13, 2011 Doc Thank you, thank you, thank you! I am new to this and actually not up on all these "secret sayings and/or meanings" because I have not been following this long enough to have the "inside" understanding. I have read posts and then started to post my reply, only to find out that it was a joke or a slam against someone that I didn't even have a clue about it and if I had posted it would have looked very foolish and probably gotten a red minus. I don't even know what "peep or peeps" mean and trying to wait until someone explains it but hasn't happen yet. All this said to tell you how much I and the other less informed people enjoy your well written and most sensible posts. Please keep up the good work and know you are so very much appreciated. Link to comment Share on other sites More sharing options...
SkyGuy Posted January 13, 2011 Report Share Posted January 13, 2011 Good post...thank you! Link to comment Share on other sites More sharing options...
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