Popular Post Adam Montana Posted November 5, 2014 Popular Post Report Share Posted November 5, 2014 Morning everyone! We had a major shift in US politics last night, so I'll touch briefly on it before talking about the Iraqi Dinar. If you just crawled out from under a rock and came here first for your news - the GOP now has a majority in Congress and they are calling it a HUGE victory. So.... is it a huge victory? I have some thoughts on it. In no particular order: 1. Obama still has a pen. 2. If nothing significant happens in the next two years, Dems will have an easier job of winning the next Presidential elections, simply by pointing out how ineffective the Republican Congress has been. They will conveniently forget that they fought every conservative initiative along the way. 3. In my opinion, one strategy the GOP could use is to back off on two issues - *** marriage and legalized marijuana. My personal opinions aside, the facts on those issues are simple - it's a useless fight. Marijuana will get legalized in more and more states, and if you like it or not *** marriage WILL happen eventually. Rather than continue to fight a losing battle, the GOP should use those items as bargaining chips to work on things that COULD be won, like the economy. 4. Was I imagining things, or did it look like a higher number of votes went to Independents than in the past? I plan on looking into that more... could be a good sign that people are actually starting to use their heads for more than a place to put a hat. 5. Finally, Obama is supposed to speak tonight - it should be interesting to hear how he spins this. In my estimate, his speech writers will already be working on sound bytes to blame the next two years of failure on Republicans. The bottom line for me on it is pretty simple... did the GOP walk away with a win last night? Yes, but unless they actually make some changes and do things different, it will have been a pointless victory. The world has changed, and will continue to change - and unless we (and our elected officials) change with it, nobody wins. Now onto the Dinar! *ADMIN EDIT* Due to the high response of this post, there was an email sent with the following VIP discount code: Link: http://dinarsupport.com/support/cart.php Code: 25off */END Admin Edit. Now back to the news* After having been involved in the Dinar for so long, there are a few things that I take for granted these days... one of those things is the knowledge that Iraq NEVER gets anything done on time, and that's actually one of my primary reasons for never giving a "date and rate" type of update. Recently, though... they have proven me wrong a few times, and that started when Abadi came into the picture. I do not think this is a coincidence. In fact, the longer this goes on, the more confident I get that we are finally on the right track. FINALLY! We've seen a ton of progress over the last decade, but compared to the last couple months... we were only in 1st gear then. Since Abadi has came into position, I'd say Iraq has shifted to at least 3rd gear, and is picking up speed! One article worth noting is this one: http://dinarvets.com/forums/index.php?/topic/190052-parliamentarians-cancel-2014-budget-allocations-and-transfers-some-to-2015/ You can read a lot into it, but what it's telling me is that this "new" Iraq possibly understands that they are behind schedule on the 2014 budget and in order to move forward they need to kick into a higher gear - the easiest way to do that in regards to the budget is to bump some of the issues straight into the 2015 budget. They say the plan is to do this within the month. Combine that with YET ANOTHER positive article on the HCL that finally lays it out in plain terms: There are FOUR items left to decide on the HCL and then it will be APPROVED... again, we're looking at a very short time before this finally pops! http://dinarvets.com/forums/index.php?/topic/190070-parliamentary-energy-announces-the-arrival-of-the-amended-version-of-the-law-of-oil-and-gas-to-the-parliament/ Bonus round: Which Congressperson could be the one to step up and use the new GOP Power to sneak in something that will help Iraq RV and also prop up the Republican side for the coming 2016 elections? yendor Adam, IF, and I repeat, IF when a RV comes in the form of a low figure and is a "float" that is expected to rise, what effect will it have on the "float" if ALL of the investors/speculators cash in all of their Dinar holdings at the initial rate...... now wouldn't that have an effect on slowing down any rise in the value of a "float"? In fact, I would believe that it would cause a DECREASE in the value. I understand that our "holdings" are a drop in the bucket compared to the budget of the country, but we don't know how big their bucket is or how big our drop is. Also, I realize that we are dealing in a currency and not a STOCK, but the dinar IS backed by their reserve and doesn't their reserve have to cover our little "drop"? You said a lot there - I'm running short on time after my long winded diatribe on US politics, but here's what I know and my opinion. There are some BIG hitters out there that will NOT cash in at the low rate, and they are the ones who hold the majority of the dinar. The "little guys" who can't wait to get a measly 100k-1MM in their bank accounts are the schmucks who will immediately cash out at the first rate, probably won't have invested in my VIP services or more importantly the Asset Protection Strategy. They won't account for a windfall tax, will most likely blow the majority of their "winnings" in the first 1-2 years, and then when they find out that they should have set aside at LEAST 50% for potential taxes, they will have to shortsale every car, house, boat and other meaningless object that they enjoyed for that little time in order to pay the IRS/USGov/etc in order to stay out of jail. That might not sound very nice of me, but I'm not here to be nice and like it or not, that is how the world works. So, to address the important part of your question - I don't see the rate dropping due to a mad rush to cash in every dinar out there. The CBI understands this, sophisticated investors know this, and most of my VIP members know it too. Good question! skeetdog Whazup Adam...Need ya to line me out on a couple question asked of me, that I'm not sure of...1st: When we cash in our dinars inside the US...What happens to that dinar? Does the UST hold it as a Petro Dollar to buy Iraqi Crude or just hold it and periodically cash some in when Iraq can afford it.... 2nd: Was there a stipulation for the countries that forgave Iraq 80% of their debt, that. these countries forgiving the debt would acquire the equal sum of the debt owed by an increase in value of the remaining 20% of the dinar owed... 1. http://dinarnews.net/cashinguide.php - 7 pages, short read, and will explain it in easy terms. Share the link with anyone, it's free. 2. I'm sorry, not sure I understand the question. If you can provide some background info (links!) I'll tackle it next week. new york kevin Sir Adam: So tell me for sure that the c**p about the CBI waiting another 5 years before increasing the value of our IQD, that it is c**p. What is your opinion that this c**p revalue process will take another 5 years or resolve itself in 2015? I read an article that said 5 years, posted by someone that doesn't even understand how dinar is used outside of the small grocery store purchases. If that's the one you're referring to, then it's exactly what you called it - crap. HBO Hi Adam. Are there any datelines for the Budgets and HCL? And how are things between Erbil and Baghdad? Good or bad? Yep - I addressed that above. Firedawg What came first, the chicken or the egg????? Where is the beginning of a circle? Sybil Adam where can I find information on the policies and how to proceed if I'm canadian ? I am a platinum member Aswell if that helps I'd like to be prepared ahead of time Thanks for all you do I assume you are referring to the Asset Protection strategies in the VIP section - these are pretty much universal if you: 1. Are subject to taxation by your parent country 2. Are exposed to ANY possibility of being sued in your country. (Do you have a legal system that allows lawsuits to be filed? Then you are at risk.) Start with the links in my signature. Deb45 Adam...I've been wondering... I keep reading articles about the Iraqi people are waiting to be paid their 'overdue salaries'. Seems like the "talk' about this has been going on for a long time now. (like everything else) Do you think they would be paying these salaries in pre-RV currency or post RV currency. They will be paid in current currency, whenever they are paid. If they are paid pre-RV, and they have the cash, then the RV will affect that cash. If they are paid post-RV, they will be paid the adjusted amount - not the higher amount. Seabee Good Morning Adam, Last week I took a trip to New York City to visit a long time Navy buddy named Roger and his wife Kathy who traveled back from California to visit family members on Long Island. On the Monday before Holloween, we took a tour of the 911 museum which was a very inspiring experience. Later in the afternoon we took a tour of the Trading Floor of the New Stock Exchange. This is something not afforded to the general public since 911 when they stopped giving tours. For me to be on the trading floor was the most fascinating experience of my life after seeing it so many times on TV. I took this chance to ask a question from a group in the back room where currency trades are done from. They gave me a brief overview of what happens there and were most helpful. I had asked them what was due to happen to the IQD and did they expect it to revalue anytime soon. The three guys in the cubicle looked at one and other and started to chuckle. One of the guys offered the following opinion to me. "You would have a better chance of waiting for it to snow in July." He also went on to say that security in Iraq was a very big issue and ISIS would continue to a problem till it was erraticated.. They also claimed that. The inflation rate was very stable and it was The BOI does not want to upset the apple cart by causing any unneeded inflation. The last reason and one of the most important reason for an RV not to happen is that the M2 in Iraq is much to high for such a large undertaking. It was their unofficial opinion was that an RV may not happen till after June of2015. These guys were very smart and intuitive and I was appreciative of what they had to say. Adam, any thoughts on their comments and opinions? Dave the Seabee First, I am jealous of the tour of the trading floor! I was in NYC recently and that would have been a highlight of my trip. Very cool! Regarding their chuckles - that's their opinions, and they are entitled to it. My opinion is different for many reasons. For one, it's easy to dismiss the possibility of an RV for MANY reasons, including M2 M0 Mwhatever... but it's also possible to over-ride those arguments with MANY other important facts. I went over a lot of it in my RV Intel book - VIPs download it at the link in my signature. It's a short read and well worth a re-visit even if you've already read it. That's it for this morning... all of you have a wonderful day, and GOOOOOO RRRRRVVVVVVVVVV!!!!! 26 Link to comment Share on other sites More sharing options...
Stumpy Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Mr. Adam! 2 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted November 5, 2014 Report Share Posted November 5, 2014 Great read...... thanks! 2 Link to comment Share on other sites More sharing options...
rdoncampos Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Adam 2 1 Link to comment Share on other sites More sharing options...
thehotdogguy Posted November 5, 2014 Report Share Posted November 5, 2014 Thx Adam,,,,,,,,Aloha 2 Link to comment Share on other sites More sharing options...
DinarThug Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Adam The McNipple Is Back ! . For A Limited Time - Only At Rmcdonaldcampos ! 15 Link to comment Share on other sites More sharing options...
LUHRST32 Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Adam. Great post with some great questions. 2 Link to comment Share on other sites More sharing options...
Harry L Posted November 5, 2014 Report Share Posted November 5, 2014 Thank your so much. As a newbie I am at the start of the learning curve! 3 Link to comment Share on other sites More sharing options...
Nadita Posted November 5, 2014 Report Share Posted November 5, 2014 Thank you, Adam Now, can you tell Iraq to step on the gas? 3 Link to comment Share on other sites More sharing options...
gross0612 Posted November 5, 2014 Report Share Posted November 5, 2014 Always good to get the weekly feed back - Thanks! Any thoughts on the Saudi assault on US Oil and the drop in oil prices affecting the RV? 1 Link to comment Share on other sites More sharing options...
calkid11 Posted November 5, 2014 Report Share Posted November 5, 2014 Thank you Adam & Mods for everything you do. Another great post . 2 Link to comment Share on other sites More sharing options...
Nadita Posted November 5, 2014 Report Share Posted November 5, 2014 The McNipple Is Back ! . For A Limited Time - Only At Rmcdonaldcampos ! Thuzzzz Only you and you alone lol 5 Link to comment Share on other sites More sharing options...
robbby Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Adam for your weekly report & thanks to Thuggie for the daily laughs! Love this group! 2 Link to comment Share on other sites More sharing options...
boosterbglee Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Adam!!!!! Now if I could just "unsee" that clown!!!! 8 Link to comment Share on other sites More sharing options...
k98nights Posted November 5, 2014 Report Share Posted November 5, 2014 The McNipple Is Back ! . For A Limited Time - Only At Rmcdonaldcampos ! BWAHAHAHAHA!!!!! 4 Link to comment Share on other sites More sharing options...
wealthhound Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks much Adam....Badabing! Badabing! Can't wait for the Ca Ching Ca Ching!! WH 2 Link to comment Share on other sites More sharing options...
trojanrog Posted November 5, 2014 Report Share Posted November 5, 2014 Adam: You must have been reading my mind on the real results from the election. This may be a windfall for the Democrats long term if the GOP wastes the opportunity they have been given. Unfortunately, I do not think they will heed your advice in picking their battles. Appreciate all the facts you provide every Wednesday keeping us informed. Fight On! 1 Link to comment Share on other sites More sharing options...
davidlp Posted November 5, 2014 Report Share Posted November 5, 2014 Thank you for you updates. 1 Link to comment Share on other sites More sharing options...
Saint Posted November 5, 2014 Report Share Posted November 5, 2014 Sounds to me we're getting closer by the day. Thanks. :bravo: 2 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted November 5, 2014 Report Share Posted November 5, 2014 The McNipple Is Back ! . For A Limited Time - Only At Rmcdonaldcampos ! LOL!!!!! 2 Link to comment Share on other sites More sharing options...
429 Posted November 5, 2014 Report Share Posted November 5, 2014 So Adam, which Congressperson were you referring to? You got me. Go Congressperson! Go RV! 1 Link to comment Share on other sites More sharing options...
okane Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks Adam ! It's all sounding good! 1 Link to comment Share on other sites More sharing options...
umbertino Posted November 5, 2014 Report Share Posted November 5, 2014 (edited) Sounds to me we're getting closer by the day. Thanks. :bravo: Let's hope, Saint.....In the meantime I'll also hold on to this......Just in case.... Edited November 5, 2014 by umbertino Link to comment Share on other sites More sharing options...
eburt Posted November 5, 2014 Report Share Posted November 5, 2014 Thanks for the update - Continue to wait as usually - Do any one think this ride will be over before Jan 1, 2015?.......... 1 Link to comment Share on other sites More sharing options...
DiveDeepSix Posted November 5, 2014 Report Share Posted November 5, 2014 BONUS ?: Mitch McConnell Link to comment Share on other sites More sharing options...
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