CBI Currency Auction 2/18/2011

[Doc31]

No auction today ... Friday (normal closed date)

Oil jumped up yesterday ... let's see how it closes the week (today)

Gold creeping up the last 3 days ... again, lets see where it ends up at close today

Zeroes ... no auction ... shallow breathing mechanism (or whatever you want to call it) is still being utilized although yesterday was the largest cash portion since Oct 6th

Take a peek at this:

Look at the turn that oil made yesterday and then look at dated Brent crude ... $103.40 ... wow

Only a few minutes to do this but let's see what's in the news ... our news-hounds are knocking it out of the park ... goodness ... please thank these folks ... you do realize that without what they do that this site wouldn't be what it is ... I say thanks to you all.

Ahhhh the smell of normal news Iraq fines Zain $262 M for breaching license ... a Kuwaiti tel-com provider overstepped their license agreement and get their hand slapped (hard).

And Iraq Exports 2.163 Million B/D Of Oil In Feb

Okay that's it ... that' all the normal news there is ... lol ... there's a bit more but not much ... what I was aiming at showing is the disproportionate amount of articles referencing civil unrest.

Ok al-Maliki sends a delegation instead of going to meet protesters in Kut ... nah, gonna' leave that alone

Five or more articles on Sulaimani

Violence widely condemned as President orders investigation

PUK politburo issues statement on Sulaimani incident

Contradictory remarks over the authority deploying protection forces in Sulaimaniya

Peshmerga forces arrive in Sulaimaniya

Kurdish guards fire on protest in Iraq, killing 2

Arab Summit NOT rescheduled, postponed, or moved ... hmmmmmmmmmmmmmm

Iraqis call for demonstration in Baghdad's Tahrir (Liberation) square Friday, Feb. 25th http://en.aswatalira...e&id=140883&l=1

US Treasury Spends Valentines Day in Iraq

Meeting to decide on budget bill before Sunday finalizing ... point #1 working Saturday ... point #2 finalizing budget Sunday ... hmmmmmmmm

Sadrite Trend: put forward candidates for security ministries to the parliament a positive step ... works for me

I don't know folks ... I really hope that by Monday you can't buy anymore dinar at the 1170 rate ... but I'm veteran enough to know that we've seen a lot of positive signs before and come back with nothing. I do think that the Iraqis setting a date out in front for a protest demonstration bodes poorly for the GOI if they fail to listen ... seems like music to my ears.

We will see. Yep, I do realize that this is all of the news that they will let us see. And we should be watching what they do ... not what they say.

Keep your feet on the ground and "watch" the roller-coaster!

Peace to all have a good weekend.

Doc31

[terr]

Thanks Doc31.

[wbuse984]

Thanks for the update Doc...appreciate all you do

[RickOhio]

Lots of things pointing to very soon! But...Been there, done that. I for one, will check here everyday and try to do my part to manifest the RV ASAP, in a calm, optimistic manner. Always love your posts DOC31!

[rtrusty]

we should be watching what they do ... not what they say.

Very well said Doc.

Thanks for your post

[pleasantvalleySunday]

Thank you so much for sharing your observations Doc31!

[pchester]

Thanks for your post Doc, as always enjoy your read.

[Slaydadea]

Thanks for keeping a watchful eye and summary Doc!

[Carrello]

Am I the only one that got more out of Doc's comment about not being able to buy IQD at 1170 on Monday? In this scenario, that would mean the RV had taken place, or about to.

Maybe I am seeing nothing but dates and rates, but this was a very significant message, IMHO.

Thank you, Doc, for all that you do!

[rsskelton]

Many thanks as always Doc. I agree, hope you can't buy IQD at that price anymore after Monday, but hey, if it turns out to be Tuesday, I'm still down with that. (lol)

[trintrin]

As usual, no nonsense. Always worth reading. Thanks Doc!

[gp49]

Thank you, thank you, thank you!

Insight and encouragement.

Be Blessed

[krmayo]

Good summary! Thanks for all you do Doc!

[Tubbs]

Good summary! Thanks for all you do Doc!

I always look forward to your post, you rock Doc

[venetia]

Always the voice of reason, facts and plain common sense. Thanks for all the time you take to help make things clearer for us all.

[Anita]

Thank you, doc31! I appreciate your time and work. Very good news...I am so excited, this thing really has to come to end.

[pintek]

Doc, thank you for the effort you and the news hounds put forth! There is much time spent finding and posting the info that allows all of us to come to one place and have it presented. Thanks again.

[BW3]

Danke for the post DOC31!!!! Agreed!! looking good, but they could push till next weekend... as they do........... It's Hard to keep feet on the ground with all that's happening.... But I think I will go snowboarding and fly that way! PEACE!!!

GO RV~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[RVMYARSE]

Thanks for the information Doc...

[Doc31]

It looks as though oil and gold are finishing where they started out this morning ... looks as though everyone is in the same wait and see mode ... or was that "show me the money"? ... I forget!

Peace

Doc31

[pops]

Thanks again Doc. Lots of consensus from a lot of respected people and thats good (i think). See you at the bank soon Doc.As we say in Louisiana, Let the good times roll.

[fixxittmann]

Professional, concise and clear. No fireworks or back up dancers. Very well done.

[aferriss]

Thank you, Doc. Really appreciate your sensibilities and no nonsense approach.

[Nelson0528]

Thanks Doc! That's the spirit!!! Not gonna happen on Monday; still too many legislative tasks to accomplish. More so than they can handle in one day (Sunday). But, we are getting closer to a recognized currency for sure!!! Geaux RV !!!! (for mah swamp buddies )