CBI Currency Auction

[average joe]

thanks doc for all you do we miss you stand up stand proud america happy forth be safe

[TennesseeCherokee]

Thanks so much Doc for your keen eye & knowledge. Really missed seeing you around. Hope you decide to lend us a hand again, very soon. Your avatar reminds me of flying my powered parachute somewhat. It's a great way to look at the world and put all things in their proper perspective...Again, Many thanks, sir !

[fastarnie]

Doc, I was just thinking about youyhe other day. I like what you bring to the table, and lately it just hasn't been enough. I'm happy to here from you though whenever you do chime in Thanks.

[AZ Native]

Great! What does it mean in layman's language?

Duh, my bad. Stupid question.

Edited July 3, 2011 by AZ Native

[Biggasman]

Thanks, Doc....

[Rogue Knight]

Great to hear from you Dr. Shabbs, err...I mean Doc31. Thanks for the analysis once again! God Bless and happy 4th!

[Slaydadea]

Thanks Doc. Enjoy the weekend!

[pchester]

Thanks Doc, good to hear from ya!!!

[tommyboy]

Doc:

I'm sure everyone else will agree that we have sincerely missed your posts and knowledge. Can you help out with the following?

Looked up some stuf on the CBI website ( http://cbi.iq/docume...policy_en_f.pdf ) and found this particular tidbit interesting.

"The CBI currently has the following active and passive instruments that affect market liquidity (base money):

• Foreign exchange auctions, in which the CBI buys or sells dollars to the market in light of its policy objectives; "

This was just a "cut & paste" from my very long article that states to me, the CBI has the auctions primarily to buy and sell dollars, not dinar.

Waddaya think about that? That's how they keep the dinar exchange rate steady.

Read more: http://dinarvets.com.../#ixzz1R3FWa3EA

Edited July 3, 2011 by tommyboy

[rtrusty]

Hi Doc Thanks for the post and as you can see you're greatly missed here.

Have a great weekend and soon we'll be able to help others with our windfall and blessings.

[Stumpy]

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!!

Well put abby! Thank you !!!