CBI Currency Auction 3/7/2011

[Doc31]

Currency Auctions

Announcement No. (1849)

The latest daily currency auction was held in the Central Bank of Iraq on the 7-MAR-2011.

The results were as follows:

DetailsNotesNumber of banks19

Auction price selling dinar / US$1170

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

Amount sold at auction price (US$)130,834,000

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

Total offers for buying (US$)130,834,000

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

Exchange rates

Dollar's exchange rates / in Baghdad markets

As you can see ... everything is up ... a bunch!

Oil ... as you can see by the bottom numbers, oil went up $2.51 on Friday ... but (by the top numbers) it is already up $2.28 this morning. This bodes well for our blessing ... and very badly for our country.

Gold ... continued it's climb from the NYMEX open Friday, which continued Sunday, and is rising this morning ... in fact all precious metals are up significantly ... again, perfect storm weather ... bad for America

Zeroes ... near ... cash portion is 2.309M of the 130+M or 1.77% with 19 of 22 banks participating at moderately low volume (yesterday was 1/2 this but the lowest in some time.)

OK, a quick look at the news ... I haven't much time and that headache hasn't backed off.

Hummmmmmm ... the thing that strikes me most significantly about the news is that our news hounds are much busier than the Iraqi PM and the parliament. I wish that was funny ...

Well ... Allawi's name is in more articles than it has been in the last month combined. Some with actual importance! If you read all of them ... well, K98nights said this:

My opinion isn't worth any more than yours... but I also believe the Iraqis are getting fed up with Maliki and his perpetual procrastination and stalling. Seems to me Allawi is setting himself up to benefit from Maliki's indecisiveness and lethargy.

Yep!

There appear to be more detentions after the last protest although one of the prominent headlines is ... Iraqi: to respond to the demands of protesters will confirm the legitimacy of the system

Now if that were true why would this be necessary ... The results of the demonstrations ... waiting for new resignations ... where is Harry Truman when you need him ... "the buck stops here" ... I know I'm beating a dead horse but ALL of this was and is on al-Maliki's watch ... just sayin' ...

Put this on the back burner ... Parliament will host Maliki Thursday

It's your call ... but I would look for Frank26's Sunday post ... not all that cryptic ... has an "up" air about it ... a slight "wait for it" ... you can say what you like but I think that Frank and his team's approach to this presently is dead-on.

Gotta' run ... there isn't much here ... but as I said our news hounds HAVE been busier than the PM and parliament ... whadayagonnado?

Peace to all

Doc31

[MADELAMO]

Thanks DOC. Always right on.

[jomur]

Thanks, Doc. And go see someone about that headache, would you?

[R2d2dc]

Thanks Doc

[4Horsn2]

As always, thanks Doc!

[graml]

I have a question about this. I have seen this thing at 1170 for sometime. Shouldn't this be rising a little based on the improvements over there? Thanks.

[Doc31]

I have a question about this. I have seen this thing at 1170 for sometime. Shouldn't this be rising a little based on the improvements over there? Thanks.

Nope ... it is a "pinned" currency.

Peace

[graml]

Thanks Doc!!

[txsrooster]

Thanks Doc..now off to read the funny pages..aka Rumors

[rsskelton]

Today, as in all the others; Thanks for all your hard wok Doc. Sure hope that headache backs off soon!

[Slaydadea]

As always Doc, thanks for your wisdom. Sorry about the headaches you been having. Never a good thing. I used to have similar issues. I divorced her 8 years ago. That and a aspirin a day did it for me! Doctors advice. . PS, don't tell the wife I said that. Be well Sir.

[kingfish]

thanks doc

[beagle]

I love your delivery of the information! Alittle humor makes everything more tolerable!

[Elixir]

Thanks Doc , Hope the headache goes away.. check your blood pressure

[tommyboy]

Doc, an herb called "feverfew" works wonders for headaches. Even works for migraines.

[BW3]

Thanks Doc!

19-22 banks participated, popped out at me & I like when most of them are playing together, large or small volumes!!!

[aferriss]

Thank you, Doc. It's always nice to read your posts. I learn much from them. Some things that may help with that headache (I am a migraine sufferer) is to put cold compresses on your forehead and the back of your neck. Take one aspirin, ibuprofen, and wash it down with a cup of black coffee all together. Lay down for a few hours in a quiet, cool, dark room and sip on water the rest of the day. I don't know what it is about that mix that helps, but it's worked like a charm for me. If all else fails, go see a chiropractor/acupuncturist that is highly recommended and legitimate. It has helped me immensely and I almost never get a migraine anymore. Sorry about your headache. God bless and hope you feel better soon.

[ROCKSCISSORSPAPER]

A big thanks Doc...short and to the point. I appreciate that. Yes, it does sound like good news. GO RVVVVVV!

[imgesing]

DOC Gotta respect and love your posts!!!

Why isnt everyone so honest and with good info.

Have a great one and thanks!

[sweet B]

Thanks for the post!!!

Every day that I can't get on here early in the morning like I like to, to get a quick summary I look to you

Then I'll be back on tonight to look at everything else.... lol

[Teresa82]

Thanks Doc......stay cool!

[Doc31]

Thanks for all the suggestions ... tried all of them I think.

Perhaps you are familiar with a Willie Nelson song ... "Mommas don't let your babies grow up and play football?

you know LOC, concussions, etc. ...

Peace

Doc31