RV is in process now

[Biker]

Wednesday, May 4, 2011

CBI ~ Iraq Central Bank Auctions ~ Currency sterilization policy (low auctions) Explained ...

E-mail, good news ...from Timsters @another site.com

Currency sterilization policy (low auctions)

Great explanation of the auctions and what the low auctions mean

What Does Sterilization Mean?

A form of monetary action in which a central bank or federal reserve attempts to insulate itself from the foreign exchange market to counteract the effects of a changing monetary base. The sterilization process is used to manipulate the value of one domestic currency relative to another, and is initiated in the forex market.

For example, to weaken the U.S. dollar against another currency, the Fed would sell more U.S. dollars and buy the foreign currency. The increased supply of the U.S. dollar would lower the value of the currency. The Fed would do the opposite if it wanted to strengthen the U.S. dollar.

Saleh is reassuring the foreign currency brokers that the drop in sales is due to sterilizing the CBI against the coming change of the dinar on Forex. This means they are RV'ing, and the process has started.

This is simply HUGE! I quote "he called "sterilization policy currently pursued by the Central" Ok in a nut shell, this A form of monetary action in which the central bank attempts to insulate itself from the foreign exchange market to counteract the effects of a changing monetary base. The sterilization process is used to manipulate the value of one domestic currency relative to another, and is initiated in the forex market. Do you see where I am going with this???? Better yet simply Google "currency sterilization policy" and you will fully understand the dynamic of what is taking place and why the auction results are trending in the current direction. Remember when reading this the difference in Monetary & Fiscal Policy! Monetary policy is under the control of the Federal Reserve System or in Iraq (CBI) and is completely discretionary.

It is the changes in interest rates and money supply to expand or contract aggregate demand where as the Fiscal Policy, is changes in the taxing and spending of the (GOI) for purposes of expanding or contracting the level of aggregate demand. An example of this is say in a recession, an expansionary fiscal policy involves lowering taxes and increasing government spending.

Stop foreign transfers and a warning from the recovery (DAILY CURRENCY AUCTION)

May 3 2011

http://www.burathanews.com/news_article_121780.html

http://translate.googleusercontent.c...ter8rtxyq2xgka/

Come on Bay, GO RV

[easyrider]

wow!!!!!!!!!!!!!!!!!!!! woooohoooo well boys and girls pack your things get your diapers on cuz this is getting good and coming in fast.

[hookerwife]

Easy, I hope you are right..I am so ready to let Hubby quit his job and take me on Vacation!!!!!

Edited May 4, 2011 by hookerwife

[DinarThug]

Thx Biker. I love real Intel as opposed to the Guru-Mongering !

[speculatorsRIDE]

In process? How long before we see it on CBI?

[Dianne]

Please...please...please!!!

[DRV1804]

GREAT POST!!!! WHHOOOOO HOOOOO!! COME ON RV!!!!!!

[Darin]

In process? How long before we see it on CBI?

Good question:

If we look at history with-in the past 2 weeks.

Today: 12.9 M

5/03: 3.15 M

5/02: under 20 M

5/01: Holiday

4/28: 50 some M

4/27: 50 some M

4/26: Under 20 M

4/25: Under 20 M

(All from memory so may not be entirely correct)

4/24: 150-ish M

** M = Million

That gives us... 7 full auctions below the normal 150 M

5 auctions under 50 M

One under 10M

Banks participating change daily.

If this was a process, how many days would need to occur of low auction as we are seeing?? You would think 7-10 days as a possibility.

[speculatorsRIDE]

I have to agree with biker. This is HUGE!

[ngriffi5]

Makes complete sense in terms of economics. That is what the Fed does to a T. I have tried to remain grounded about these auctions, and think of every possible reason as to why they are happening. I just found my answer, which is what I was anticipating to be the case. This thing is nearing an end, and I personally believe this finally takes away all the lop talk or low rv. With these numbers the way they are anything less than around 80 cents seems unreasonable. Hopefully my thinking is correct because i would love get that post rv

[20MillionDinar]

Very good news!

[Zemaduvant]

Bondlady chat had an article posted saying, only 6 banks are allowed to participate in auctions which is why it's been so low. However, i do hope as well..

[aferriss]

http://www.finance-lib.com/financial-term-sterilization.html

Above is the definition for financial sterilization. It's definitely in the process. GO RV!!

[easyrider]

[blue horseshoe]

My question is - once this process begins, must it follow the course or can you stop it? What I mean is what if the auctions start going up for whatever reason... does this mean this process has stoppped. We have seen the auctions low, albeit not this low. So, can the process stop and go or once it starts, it must follow through???

[DRV1804]

LOVE IT EZ!!!!!

[Mountain man]

This is new terminology for this okie. Even the definition doesn't help however if it revs your engine, those in the know, well glory. I'll jump up and click my heels about sterilization. I've always shunned away from this but today, let's get her done. Go RV Go RV Go RV

[dogtrainer55]

Everyone seems to agree that this is HUGE. We still may be weeks or months away, though. Don't quit your job yet!

[katshamm]

Please provide a link that works. Thank you!

[RAGARCIA62]

now thats what im talkin about. very exciting time. rv please. you cant see it, but im doin my happy dance

[WorkerBee]

Cautiously hopeful, don't get too excited.....what the heck.I gotta go find my dancing shoes, maybe I'll get to do the happy dance!

[nevasatisfied]

Outstanding....Cmon RV!!!!

[Slaydadea]

LOVE IT EZ!!!!!

Slay.

[1risktaker]

wooo hooooooooooooooooooooGo Rv

[Biker]

For the ones that cant bring up the links, Go to your browser and type in East Meets West . It will bring up Global News in the middle east.And my thoughts on how long it will take, look at it this way , the longer they wait the more money they lose on the market, we are looking at Days mabe at the most 2 weeks tops. No Loop, locked rate hopefuly mid range 1 to 2 dollars. Just my thoughts. Some body smack me GO RV