Adam Montana weekly - August 13, 2014

[Adam Montana]

Gooooood morning DinarVets!

 

I've said it before, and I'll say it again... sometimes
it's good to be wrong.

 

I've held onto the belief that Maliki would remain in
the position of Prime Minister, but now there is a serious
chance that he will be replaced.

 

For those of you just tuning in, President Fuad Masum has
made a bold move and declared Haider Al-Abadi the new PM,
and gave him 30 days to form the government.

 

 

There are a couple of things to consider on the matter,
so I won't be making any statements like "He is GONE" -
it would be foolish to underestimate Maliki and possibly
over-estimate the new President Fuad Masum's ability to
stand by his decision. Maliki does have supporters and is
indeed a very powerful man in Iraq.

 

Another important point - the new President of Iraq is a
Kurd (Sunni), but the new choice for Prime Minister was
chosen out of the same political party as Maliki. This is
a strong indicator of exactly how powerful the Shiite clan
is in Baghdad and in the government there, which begs the
question... Will a new PM make a difference?

 

After much research on the new choice for PM Haider Al-Abadi,
I think it will. Although they are of the same political
party, Haider Al-Abadi is a much different man than Maliki.

 

To be completely blunt about it, Maliki is a thug and Abadi
appears to be more of a diplomat. He will be much more
likely to reach across the aisle and compromise or even help
the Kurds, and that's something that is desperately needed
right now.

 

So at this time, we wait a short 27 more days to see if Abadi
can be successful in actually pushing Maliki out and forming
a government.

 

For a more in depth look at the political situation, check out 

TBomb's thread here.

 

idplzr Is Maliki really gone???

 

 

It's hard to say for sure yet, but it looks promising!

 

thylocene   With ISIL and the worsening state of affairs in IRAQ what is your gut feeling on how much this has set back our investment.  For those of us who have been waiting several years (and even more) will it be several more years before we see an RV if at all.

 

 

We are at least 27 days away from anything major, and how much 

longer than that really depends on how they handle the IS invasion. 

 

The IS is an evil that needs to be exterminated... the quicker they 

do that, the faster they and the rest of the world will be safe.
 

mokie775   Do you think Iraq will have to show stability to RV, or do you think they will need to RV to gain stability?

 

 

The former.

 

gross0612 Is Abadi a badie? We he become the PM?

 

 

He has potential to be better for Iraq than Maliki... and I hope he is successful 

in pushing out Maliki and forming a government. If he is not, things are going 

to go bad real quick.

 

yendor A friend of mine has a BUNCH of Dinar on reserve..... What's the chance of the dealer bolting if/when this RV happens and my buddy isn't able to catch up to him to exercise his reserve option? I know that this action  is a serious currency fraud and the broker could be in serious federal trouble, but what if the broker has a citizenship passport in a difficult country where our government won't be able to punish the scoundrel .... Is my buddy S.O.L ?

 

 

I have never been a fan of any Reserve program - my only comment on it 

is "get out". 

 

geographer What are the chances that BRICS (Brazil, Russia, India, China, and South Africa) will do a reset on their monies before Iraq and in your opinion what effects are we looking at as far as the dollar crumbling? I believe that China and Russia would love t see the US stumble and fall.

 

 

I think Iraq will happen before BRICS... but the most important part of your 

comment is the inevitable continued decline and very possibly a complete 

collapse of the US dollar. I believe it's everyone's personal responsibility to 

research that and what to do about it.

 

Personally, I do not keep cash. Precious metals and Real Estate are possibles 

to hedge against the crumbling dollar, among others.

 

 

waitingondinar Adam, with everything that has happened in Iraq, ie. ISIS, Malaki getting pushed out, New Prime Minister Abadi selected, what still remains to be completed so an RV can happen?  When will the HCL get passed?  Are there still laws that need to be passed?  How long in your estimate do you think it will take before an RV can happen? Please add any other info that you can.  Thanks

 

 

At this time - successfully seat the new Prime Minister, form the new Government

which should be much more friendly and likely to make the HCL a reality, control 

the situation with IS.

Wiljor Adam, you have always indicated that, although not the best choice, Maliki perhaps may be the only candidate able to be in the PM chair. What are your thoughts now that he is gone? And 2nd do you see things now more in our favor and moving quicker?Let me add by saying your work here is superb to say the least and your devotion to this project nothing other then stellar. Very much appreciated.

 

 

I do see things moving quicker now - if they successfully replace Maliki with Abadi, 

things should be much better for all of Iraq. 

 

Thanks for the kind words, and you are welcome!

 

 

 

 

 

[dinarbeleiver]

Thanks Adam- have you done your press ups? LOL

[umbertino]

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Gooooood morning DinarVets!

End Quote

 An hommage to Robin Williams....

[ezrapound]

Quote

Gooooood morning DinarVets!

End Quote

 An hommage to Robin Williams....

Indeed Bert.He was one of the great ones, and brought much sorely needed laughter to a sad world.

[ckriebs]

Thanks Adam as always appreciated.

[Francie26]

Thank you, Umbertino.  Robin Williams was one-of-a-kind, and the world is poorer without him.

[boosterbglee]

Thanks Adam!    ......Thanks umbertino...I liked Robin Williams, a very talented man!

[idplzr]

Gracias

[robbby]

Here's to Belize!

Gracias Senor Montana por todo que hace!

[calkid11]

Thank you Adam for all you do here. Peace and God bless Robin Williams.

A good man gone to soon.

[puckster_guy]

Great job Adam. I greatly admire your honesty and telling it like it is. A highly admirable trait in this world. TYVM it's most appreciated. I'm not here and commenting near as much as I used to but I almost never miss your or Nadita's posts.Kudos

[Wiljor]

Thanks Adam, as always, straight to the point, clear, precise, no BS. Much appreciated

[amal]

30 days is the legal time limit, not a recomendation.  . Maliki is hated outside of his shiite sect.  Yes Shiites make up the majority in Iraq but in this parliamentary system simply being popular among your own group is not enough.  This whole isis thing has everything to do with the elections and Maliki.  It will not take Abadi the full 30 days.  The pressure is on from the US, UN, Iran, etc to get this new government settled so they can properly flush out the terrorsits.  This new gov will be in place within a week. 

[Saint]

Adam, Maliki gone seems good however like you said he may have been replaced but yet he wields a lot of power. Guess we wait ans se what happens withing the next 27 days. Thanks for the chat

[Linda]

:) !!! Maybe we are really moving forward at last...

[Wiljor]

Great job Adam. I greatly admire your honesty and telling it like it is. A highly admirable trait in this world. TYVM it's most appreciated. I'm not here and commenting near as much as I used to but I almost never miss your or Nadita's posts.Kudos

Hey Puckster, I was up in Toronto last week and had a blast visiting family. Hope all is well with you and yours my friend.

[puckster_guy]

puckster_guy, on 13 Aug 2014 - 2:17 PM, said:

Great job Adam. I greatly admire your honesty and telling it like it is. A highly admirable trait in this world. TYVM it's most appreciated. I'm not here and commenting near as much as I used to but I almost never miss your or Nadita's posts.Kudos

Hey Puckster, I was up in Toronto last week and had a blast visiting family. Hope all is well with you and yours my friend.

 

 

Alls good Bro. I spent the week at my off the grid cottage. The peace and quiet was amazing...almost hated coming home. We had a couple of great walleye shore lunches. hope to meet you for a beer or two if you have time next time you come home.

Edited August 13, 2014 by puckster_guy

[Wiljor]

puckster_guy, on 13 Aug 2014 - 2:17 PM, said:

Hey Puckster, I was up in Toronto last week and had a blast visiting family. Hope all is well with you and yours my friend.

 

 

Alls good Bro. I spent the week at my off the grid cottage. The peace and quiet was amazing...almost hated coming home. We had a couple of great walleye shore lunches. hope to meet you for a beer or two if you have time next time you come home.

Count on it brother, it would be an honor :-)

[vietnam1969]

Thanks Adam for another update to our progress going on in Iraq. Maliki just needs to pack his bags and leave the country.

[sandfly]

THANKS ADAM

[Thriver]

Great chat Adam, thanks!

[HungryWulf]

Thanks much Adam for the news and know that this ol vet appriciates you sending me the word.

All the best, brother,

Wulf

[limopeter]

Positive post

[TrinityeXchange]

Thanks Adam for making a forum like this possible!  Your work is greatly appreciated.

 

As far as Maliki, yes he is powerful however he is up against just as powerful an opposition in Iran, US, 6x Ayatollahs, all the political blocs to name a few.  He has played all of his cards and lost.  His next best move would be to try getting assassinated to stir up civil unrest, but we all know he is more for self than for any cause.  There is no stopping this new Iraqi train from running.  On top of all of that I hope some of us were able to take advantage of the sell that happened on the ISX.  Domestic investor confidence has been restored with the new government being established and stocks are surging upward.  I'm already up 10% on some of my picks!  Its a great time to be on the ISX.  Cheers

[moneysoon]

Thanks Adam for making a forum like this possible!  Your work is greatly appreciated.

 

As far as Maliki, yes he is powerful however he is up against just as powerful an opposition in Iran, US, 6x Ayatollahs, all the political blocs to name a few.  He has played all of his cards and lost.  His next best move would be to try getting assassinated to stir up civil unrest, but we all know he is more for self than for any cause.  There is no stopping this new Iraqi train from running.  On top of all of that I hope some of us were able to take advantage of the sell that happened on the ISX.  Domestic investor confidence has been restored with the new government being established and stocks are surging upward.  I'm already up 10% on some of my picks!  Its a great time to be on the ISX.  Cheers

 

Trinity,

 

You must have made the same move/s as I did. I was waiting on Maliki's move too. As as have previously discussed, this thing is much bigger than Maliki. He was put there and he was taken away. In the same vein, the currency was devalued and the currency will be restored. I, like you, am waiting on the impending ISX and ESX announcement to follow suite. I too would suggest that people look at the ISX and ESX as opportunity to stay "encouraged" while we wait on the Big Dance.

 

Blessings All.