4Horsn2 Posted April 25, 2011 Report Share Posted April 25, 2011 Good morning, Doc! Hope this means we're back to seeing ya on a regular basis! Enjoy your feedback on this ride! As always, thanks!! Link to comment Share on other sites More sharing options...
Elixir Posted April 25, 2011 Report Share Posted April 25, 2011 Thanks Doc I was so glad to see you posted this AM, I didnt know what to think about the auction. had to look at it twice..... Link to comment Share on other sites More sharing options...
Darin Posted April 25, 2011 Report Share Posted April 25, 2011 Hi Doc! I know you only post when you feel you have substance to add to the auctions along with other global market charts. I was happy to see you jump in and feel a little excited in regards to the Zero-Cash/Low-Auctions. Now, one thing that I saw posted is that some people were claiming that the European countries likely had banks closed due to holidays.. Could this be a factor? I still believe that the # is small even with that being a case, but it would seem some-what normal, given the numbers. Crude seems suppressed on what it "could" be, but it has been pretty stable above the $100-mark. Also, the squeeze we feel at paying at the pump seems like if we knew any better, we would of thought it was $150 for crude. Couple interesting things to think about.. BofA decided to eliminate their sales of IQD entirely. I could hardly imagine that they were a big # player against those auctions. But the timing sure seems to fit nicely. Also, I recall that Adam made mention of a deadline that the CBI had roughly in this time-frame. Not sure what that may mean, but it sure opens up the perspective for possibilities to speculate upon. And for those that watched Shabibi's video/audio-clip, we heard him make a claim of "soon" & one will have to wonder if we are starting to see what his definition of soon is. Could the ball be starting to roll? And for those that make claims that the ball was already rolling, is it now picking up momentum?? Now, I guess to argue the Easter weekend, if auctions have not been this low since 2007, that gives us roughly 2-3 Easter weekends to compare too. Unless this is a fluke and it aligned up with the European holidays that are supposedly taking place today. And one thing I read about this on PD. The auction was originally put in at 18,500 but later updated again to add 3 zeros.. (Like a mistake or failure to add 3 zeros by the IT guy) Conspire on that! 4 Link to comment Share on other sites More sharing options...
ROCKSCISSORSPAPER Posted April 25, 2011 Report Share Posted April 25, 2011 Doc - I was very excited to see your post. As you can see, we've missed your fount of information and your take on the things that are happening. I, for one, am really glad you're back. Link to comment Share on other sites More sharing options...
okiea&p Posted April 25, 2011 Report Share Posted April 25, 2011 Glad to see your post Doc . We have been missing your insight . You are much appreciated ! 1 Link to comment Share on other sites More sharing options...
Manno Posted April 25, 2011 Report Share Posted April 25, 2011 IT IS EASTER HOLIDAY, YOU'RE ALL "PUMPING" SANDS!!! 29 Link to comment Share on other sites More sharing options...
msm2137 Posted April 25, 2011 Report Share Posted April 25, 2011 Welcome back DOC!!!!!! 1 Link to comment Share on other sites More sharing options...
Darin Posted April 25, 2011 Report Share Posted April 25, 2011 IT IS EASTER HOLIDAY, YOU'RE ALL "PUMPING" SANDS!!! Did not know they celebrated Easter over there in the M.E. & to such an effect that auctions still occurred With 7 banks participating And the last time the #s were that low? Dec 26th 2007... Been over 3 years since we have seen low #s like that. Don't blame us for speculating. It is nice to educate the crowd. 4 Link to comment Share on other sites More sharing options...
Mongo Posted April 25, 2011 Report Share Posted April 25, 2011 Ehhh.................What's up Doc? 1 Link to comment Share on other sites More sharing options...
blue horseshoe Posted April 25, 2011 Report Share Posted April 25, 2011 If you miss this much class again mister, I am going to need a note from your mother in the future... So, don't stay away that long!!! 2 Link to comment Share on other sites More sharing options...
R2d2dc Posted April 25, 2011 Report Share Posted April 25, 2011 It is such a great day. Doc, it is so Great to see your post! I hope your days of being really busy are through. I was sooooooo happy to see your post this morning. Hope you have time to give us your perspective as much as you can. We Appreciate it. Link to comment Share on other sites More sharing options...
TFK Posted April 25, 2011 Report Share Posted April 25, 2011 (edited) Now, I guess to argue the Easter weekend, if auctions have not been this low since 2007, that gives us roughly 2-3 Easter weekends to compare too. Unless this is a fluke and it aligned up with the European holidays that are supposedly taking place today. The CAD is blank as well and it is a bank and government holiday here today. I hope they aren't related. It would be nice to see the cash flow starting to dry up. That would be a great sign. Edited April 25, 2011 by TFK Link to comment Share on other sites More sharing options...
Manno Posted April 25, 2011 Report Share Posted April 25, 2011 Don't blame us for speculating. It is nice to educate the crowd. "The Crowd" are already laughing at you, about "Pumping Sands 101" big time. 14 Link to comment Share on other sites More sharing options...
smee2 Posted April 25, 2011 Report Share Posted April 25, 2011 I will offer my "welcome back" though I don't remember reading your posts before. But I will say this, with great enthusiasm ... usually this kind of post goes ... "whoosh" ... right over my head about mach 4. But his one I actually understood and enjoyed reading. Thanks for that ... I am in the process now of becoming as avid a fan as your other avid fans seem to be ... avid ... fans ... that is ... smee2 1 Link to comment Share on other sites More sharing options...
drox Posted April 25, 2011 Report Share Posted April 25, 2011 Thanks Yosemite Sam.... go get um my friend! Excellent post! 2 Link to comment Share on other sites More sharing options...
gp49 Posted April 25, 2011 Report Share Posted April 25, 2011 Thanks Doc31. You have been painfully missed. Thanks for showing back up and stopping the pain This is one of the more positive and sensible posts to speculate about... yeah! God's Blessings to you and yours. gp49 3 Link to comment Share on other sites More sharing options...
aferriss Posted April 25, 2011 Report Share Posted April 25, 2011 Good to have you back, Doc. I know Shabibi was in D.C. around the 19th, I believe, and even then he could give us nothing definitive. (I've gone over the media a few times.) Exciting that he was here. But as you stated, it does make you want to go HMMM...especially with the very few banks participating in the auction. 2007 was a while ago. Again there is much speculation and people behaving rudely, but nothing concrete so we are still playing the waiting game to see what happens with Iraq. Hopefully, something will come of it soon so we can move on with life and we can be rid of the nasty commentators. I, for one, could use a break from that kind of foolishness. That's part of the reason I rarely come on DV anymore. Anyway, God bless and hope you and yours had a great Easter. Hope to see another one of your informative posts soon. 2 Link to comment Share on other sites More sharing options...
Doc31 Posted April 25, 2011 Author Report Share Posted April 25, 2011 And just as I mention it Gold slides nearly $7 and silver $2.33 ... It just looks like a high perch setup for a fall to me ... perhaps not ... I do understand about the European holiday ... my problem with it though is why normal yesterday and so low today (you do realize that 18M-26M was the normal cash portion prior to Oct 6th 2010?) ... "aberrant" just doesn't cover this! Peace Doc31 6 Link to comment Share on other sites More sharing options...
roger01 Posted April 25, 2011 Report Share Posted April 25, 2011 Doc31, Im not sure if you have seen the IMF website this morning or not, guessing you hadnt before posting. I love your analysis.... I think this is our week but only the Majors are still on the IMF,the rest are all blanked out. I hope Iraq is the reason, though it may not be the reason for this change on the CBI website. Not trying to be a downer, but we've had our hopes crushed so many times before as you very well know. GO RV, I hope this times the charm! 2 Link to comment Share on other sites More sharing options...
coldwarvet Posted April 25, 2011 Report Share Posted April 25, 2011 Thanks for the great post, Doc31. Lots of great info, and a thing or two to make you go hmmmmmm! Link to comment Share on other sites More sharing options...
cgbrown Posted April 25, 2011 Report Share Posted April 25, 2011 Welcome back , enjoy your postings. I too was curious about the volume , but it could just reflect the holiday in Europe. Do you have any idea which 7 banks are buying??? Link to comment Share on other sites More sharing options...
lgraham Posted April 25, 2011 Report Share Posted April 25, 2011 Great to see you Doc! Excellent post. All the best, Lgraham 1 Link to comment Share on other sites More sharing options...
Dinar_Eddie Posted April 25, 2011 Report Share Posted April 25, 2011 Thanks Doc31! I don't know if you noticed, but alot of us really miss you Currency Auction posts on here! 2 Link to comment Share on other sites More sharing options...
JuryPicker Posted April 25, 2011 Report Share Posted April 25, 2011 Thanks for the update "Doc" . Your a Daisy if you do. Link to comment Share on other sites More sharing options...
TC987 Posted April 25, 2011 Report Share Posted April 25, 2011 As always Doc, thanks for the post! Link to comment Share on other sites More sharing options...
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