CBI Currency Auction 1/26/2011

[Doc31]

Currency Auctions

Announcement No. (1822)

The latest daily currency auction was held in the Central Bank of Iraq on the 26-JAN-2011.

The results were as follows:

DetailsNotesNumber of banks10

Auction price selling dinar / US$1170

Auction price buying dinar / US$-----

Amount sold at auction price (US$)63,970,000

Amount purchased at Auction price (US$)-----

Total offers for buying (US$)63,970,000

Total offers for selling (US$)-----

Exchange rates

Dollar's exchange rates / in Baghdad markets

I enclosed the chart as well as the usual because you can see that oil has been on a nose-dive regardless that the synopsis chart says that it is up .6% ... in other words it isn't perfect for a perfect storm but it is within striking distance even at its current position ... oil is down off it's highs but it is still HIGH. Besides, we've all seen it run up $2 in 3 hours.

After gold ran down $15 two days ago and bumped a new low it is back up a bit. Gold is at a 60 day low ... but folks, to say that it isn't in place is ludicrous ... its $200 higher than 6 months ago and ... just check out the graphs at the bottom of this link ... it's still higher than any other time in history other than the last month or so's $1424!

http://www.kitco.com...s/livegold.html

Zeroes and near zeroes continue ... yesterday and today produced lots of questions as there was little participation, low volume and still low "cash portion". Although yesterday's cash portion was 2.11% which is the highest since Oct 7th when the zeroes started ... it was because of minimal volume that you have to go back to November to see something close to it and then September as I recall. Today's volume is 33% - 50% of what has been normal as of late (OR ... 60M is low) and the 450K cash is miniscule. Participation is the thing to keep an eye on here ... as it appears that, for now, they are "holding their breath" again (as it were). If we take nothing else from this ... it definitely makes you want to go hmmmmmmmmmmmmmmmmm!

I have no time to go sort out the news for you ... very busy.

I understand from friends that there have been numerous shout-outs of "where's Doc31"? ... thanks for the nice comments that were left ... the funny ones too ... but I'm not sick ... just low on time. And after taking some shots from some who obviously have no clue who I am and what I'm about ... but totally willing to expound upon their lack of information/knowledge, I decided that I'd take a break and save myself the hour to 1.5 hours that it takes to write, check, re-write, proof, format, and post.

It would seem to me that if folks didn't want to hear what I had to say regarding trying to sort the order out of the chaos that they just wouldn't read it. Not so on DV ... they make up nonsense. So, I decided to stop posting and save what I thought for my group ... they DO know who I am and what I'm about.

I had a few moments this morning so I posted this ... it's not much but it's all the time that I have for it.

Peace

Doc31

[razorguy11]

Thanks DOC31 for the post. we have all missed you, thanks again.

[rcrge]

Thanks Doc for taking the time .I for one look forward to your post every morning,and its saddening all the Bulls%#t thats been flung on here . Againg THANKS for taking the time its truly appreciated here .Nobody explains it like you do

Edited January 26, 2011 by rcrge

[cw2]

Welcome Back DOC we missed you so much!!!!!!!!!!!!

[DaveH]

Thanks Doc. Have missed your posts.

[rw.sutton]

Well said, Doc, I dont know why, people are like they are, they just need to move along. I look forward to reading your post, Thanks for your time and effort, to keep us possitively informed, Thank You !!

Life Isn't About How to Survive the Storm, but how to Dance in the Rain!

[Riley]

Thanks Doc...I too have missed your posts.....

[paj1985]

thanks for the post doc and dont worry bout postingif ur busy, we will to work harder and get our own info, BUT i must say ur summary is important and appreciated by me. Peace man!

[sonny1]

doc, as one who runs this site, i just want to thank you for your time. you are a total asset to this site.............thanks again

doc, as one who runs this site, i just want to thank you for your time. you are a total asset to this site.............thanks again

doc, as one who runs this site, i just want to thank you for your time. you are a total asset to this site.............thanks again

doc, as one who runs this site, i just want to thank you for your time. you are a total asset to this site.............thanks again

[amal]

Thanks for taking the time Doc. It is greatly appreciated!!

[wasgolfer]

good to have doc31 back in the fold

[lechesuerte]

Thanks Doc for your efforts and good to see you, or more accurately your post!

[Dogmatic1]

Thank you, for coming through for us!

I appreciate all that you do, so sorry that some are not so appreciative and ignorant. I think they have alterior motives, myself, trying to get you to quit posting here, at DV.

[dinariac]

Doc, regardless of the uneducated words of an uninformed member, we missed your daily take on things and missed your reports. Welcome back

RRRRVVVVVV T T T T T T T T I I I I I I I M M M M M M E E E E E E E :woot:

[Babosa]

Thanks Doc for taking your time to keep us informed and then some. Loved the "conspiracy theory" days. For those of you who don't know Doc... neither do I, But I do know he brings the most level headed and UN-biased information in this crazy investment. No nonsense info is hard to find on the net and for some of us less connected people this is all we have to look for. If you think the doc is wrong, by all means, we would love to see what info/analysis you can produce that is worth reading. But until then BACK OFF and let us have our moments of light in this adventure. Thanks again Doc You are always the first post I look for.

[Stefanie]

Thanks for taking the time to post. Time is valuable and I think the majority appreciates you taking the time to share.

[Liljohn]

Thanks Doc, but I hope you know that the majority of us appreciate and look forward to your posts. Please ignore the ignorant.

GOD BLESS AND LORD SEND THE RAIN!!!

[tim5400]

dittos... Doc

[MooCow]

Thank you Doc! We all appreciate all the time you put in for us!

[pleasantvalleySunday]

you are appreciated here Doc .... some people are just noisy clangs ... but I believe they are merely a vocal few bad eggs who never learned manors ..... there are literally thousands of people who check in here for good info, which you always bring to the table. Ignore the rest and rest assured you are appreciated!

blessings, pvS

[caz1104]

Doc31,As I have said numerous times your time and efforts are greatly appreciated,THANK YOU!!! For those who wake up bashing..................GET A LIFE! No one is mandated to read. Is it to late in life to train people to be respectfull? I hope not.....................................................GO RV 2011 BABY!!!!!!!!

[tevye02]

I appreciate that you are busy and I hope it is for good reasons. Thanks for what you do. I for one will take what you can give whenever you can give it. But take care of Doc31 first, we can muddle along for a while on our own if we need to:)

[txsrooster]

It would seem to me that if folks didn't want to hear what I had to say regarding trying to sort the order out of the chaos that they just wouldn't read it. Not so on DV ... they make up nonsense. So, I decided to stop posting and save what I thought for my group ... they DO know who I am and what I'm about.

[/size]

How does one become a member of this group?

Thanks for the insight Doc31

[allout]

Thank you Doc, I really appreciate the time you spend giving us this information each day. Don't the few BAD people on here get you down or bother you, just know that there are many, many people that look forward to reading your daily insight and take on things and truly appreciate what you do. Thank you!!!!!

[tevye02]

you are appreciated here Doc .... some people are just noisy clangs ... but I believe they are merely a vocal few bad eggs who never learned manors ..... there are literally thousands of people who check in here for good info, which you always bring to the table. Ignore the rest and rest assured you are appreciated!

blessings, pvS

PVS

Just a comment, I always love the tone of your posts. Just wanted to send a kudos to you.

BTW a potential funny to add too your sign off - "and the engineer sees the cup as twice as big as it needs to be"