CBI Currency Auction

[Doc31]

JUST SAYIN' !!!!!!!!!!!!!!

Yes I know that there hasn't been an auction since the 30th of June (but I had a few minutes this morning) ... anyway ... did you really look at the auction?

The cash portion (second from right, last line) hasn't been this large since October 5, 2010... subterfuge ... a sign ... panic ... (your choice)?!

Let's look at the facts ... that is a significant change ... what's to come of it?

Well ... there seems to be only two choices:

1) more clown show

2) delivery of a promise

Folks ... we are on the ride and can't influence the outcome except for ourselves (by buying more, ceasing, or selling) by even a minute.

Sit back ... enjoy the weekend and remember that it was purchased by veterans so long ago ... (safely) celebrate our freedoms, thank a vet (or 20), watch the fireworks and be ready for work on Tuesday ... if the gurus are right ... you can give notice.

Happy 4th of July, Peace to all ... thank you vets

Doc31

[redsand]

Happy 4th to you and everyone else.

...that is such an influx in cash!

[Butifldrm]

Hey Doc, Good to see you. I hope you and your family have a wonderful

4th of July.

[magicchris]

Thanks Doc. Have missed your posts. Thank you for taking the time.

Happy 4th to you for NY!

[dinar-racer]

Good to see you Doc ...Thank's

[debratzz]

Thanks Doc, always look forward to your visits! Thanks for the hope!

HAPPY FOURTH OF JULY WEEKEND

[mkelly]

Glad to see you, Doc. Always enjoy your analysis. Have a GREAT 4th.

[Fearless Four]

Thanks Doc, Have a great weekend...

[abby01]

Good to hear from you Doc! Thank you for your input.

And yes, THANK YOU TO OUR VETS! Thank you for your sacrifice. Thank you for the price you paid to set others free and to make our world a better place. God bless you and your families!!

[ginger21]

Thanks Doc, WOW have missed your daily updates and insights. I agree with u and

will sit back and enjoy the 4th with my family and Remember our Vets. Thanks

again Doc.

[Bill the Cat]

Thanks, Doc!

I noticed that as well, and it definitely made me wonder.

I assumed (hoped) it was due to our pending RV ...

but then I figured it was just the last, privileged few ministers loading up on cash prior to their BIG payday ...

I enjoy your posts.

Now GO RV!

Ol' Bill here is feeling kindy scratchy and needs a new flea collar!

To All:

Have a SAFE and Happy 4th of July weekend - and try and spend just a moment to reflect on what this holiday really symbolizes ... FREEDOM!

[R2d2dc]

Thanks, Doc, we've missed you. Great to read your perspective. r2

[vrnorth]

Been missing you Doc. Here's a link I got on Thur. Auction.

CBI sells 175 million dollars in its Thursday auction

Baghdad / Aswat al-Iraq: The Central Bank of Iraq (CBI) has announced the selling of US$175 millions, in its auction on Thursday, on the rate of 1,170 dinars per dollar, exceeding its Wednesday sale by 73 million dollars, according to its daily bulletin, copy of which was received by Aswat al-Iraq news agency.

"The total demand on U.S. dollars has reached 175 millions and 382,000, covered by the Central Bank of Iraq, on an exchange rate of 1,170 Iraqi dinars per dollar," the bullet reported.

The CBN's sales in its Wednesday auction had reached 73 millions and 730,000 dollars.

The Bank's cash dollar sales had reached 12 millions and 192,000 dollars, on an exchange rate of 1,183 dinars per dollar, along with the Bank's interest of 13 dinars per dollar.

The Bank's foreign transfers had reached 163 millions and 192,000 dollars, on an exchange rate of 1,183 dinars per dollar, including a 13 dinar interest per dollar.

"None of the 8 banks sharing in the CBN's auction had presented any offer for the selling of dollars," the bulletin stressed.

Noteworthy is that the CBN holds 5 auction sessions per week, beginning on Sunday and ending on Thursday, for the selling and buying of foreign currencies, charging a 13 dinar interest per dollar, along with a similar interest for foreign transfers.

http://ae.zawya.com/story.cfm/sidZAWYA20110701092225

[marksm30]

Darn good to see you Doc! I have really missed hearing your insight!

[steveo]

thanks doc lets hope we see the outcome very soon

[aliciadogz]

THANKS DOC for the reminder.Thanks to all vets, God Bless every one of you!!!!

[MovieMaker]

awww thanks for stopping in Doc. Good post as usual, we love you, build happy memories with family this 4th

[ThePeoplesChamp]

Doc your looking a little blue in the face.

It's OK Breathe!!!!

Good to see you hanging around. Thanks for the post. no1 does it better.

[RodandStaff]

Just breath.... that's better Doc! Thanks for the post... missed em! Ya'll have a good weekend and lets hope your right Doc. God Bless America!

[bbry]

Welcome back Doc...you have been missed. Happy 4th of July to you and your family.

[lionfish]

Happy 4th of July...

That makes a number cruncher flinch, doesn't it? That is way out of proportion to what has been happening, so something must be coming, good or bad.

Hopefully this is good news.

COME ON RV!!

[coldwarvet]

Thanks, Doc. And happy 4th to you as well.

[Doc31]

Thanks all ... I just love that little blue guy ... in the past I have been him ... lol

Peace

Doc31

[Merlin]

Hi Doc, Welcome back, You have been missed by all! I really look forward to reading your Currency Auction Report and of course any and all comments are always worth the read! For all you do, Thank You!

I wish you a great 4th of July Weekend with your family and friends, may it be a grand time for all.

Take care and be ready for an RV Very Soon! I feel it in my money bone!!!

go Go GO!!! RV!!!!

[Mack0121]

Thanks for the post Doc. Good to see you back. Have a blessed and safe 4th!