Adam Montana Posted December 17, 2014 Report Share Posted December 17, 2014 Morning everyone and HAPPY HUMP DAY! With the holidays upon us, I want to take a minute to wish you all MERRY CHRISTMAS or "happy any other holiday" you might be celebrating. I'm not here to discriminate... I'm just here to share some love with all of you, so please be safe and enjoy the family time as we ease on into winter! News in Iraq is not stagnant, but we don't have anything major to talk about since the Hydro Carbon Agreement was implemented. Things are going in the right direction, but the PTB on this situation are holding their cards VERY close to their chests, and I'm not going to pretend to have any super duper top secret spy inside Abadi's closet reading his text messages... we're all in the same boat here. The situation is positive, but we all just have to wait. Before I get into the weekly Q&A's, I'm going to take a minute to pray for those affected by the attack on the school in Pakistan. ======================= ======================= G12LF Adam thanks for all you do I look forward to your posts on Wednesday. One question...I'm a platinum member and was reading about the Name Reserve and OSI opportunity of the discounts offered back around Thanksgiving...could you let me know what the cost would be now to do both of those? Again thank you and your team for all what Ya do...I might even pull for those packers this year being my saints aren't doing too good. Platinum + NR is probably the best deal you can get - please see this thread in VIP for that info: http://dinarvets.com/forums/index.php?/topic/192816-platinum-name-reserve-option/ yendor Adam, Do you feel that the RV will be a straight one or a float ? If it IS a float, will it START at the current rate and GRADUALLY change (over several years) or a RAPID change (over 2 or 3 months) to get to your $0.10 mark ? If it is a float, what will cause the rate to change if no dinar holders ,either individuals or countries, want to hold on to theirs until the cash in rate gets more attractive? It seems that the float would go the WRONG way if not many cashed in and, in fact started buying MORE...and we end up back here at square one. Your explanation, please? Hi yendor! I actually outlined and detailed my thoughts on that in the "Cash In Guide", which is available for free here: http://dinarnews.net/cashinguide.php I won't get into huge detail here as I already explained my position in the ~7 page pdf, but I'll give you the short version here: I expect it to come out as a managed float at about .10 and then the market will drive it up. labdog If no one sells and everyone holds than there is none for new buyers. The new buyers will pay more to get us to sell! Supply and demand. The Iraqi Dinar is a currency/ commodity and will trade as such. Adam, in light of this wouldn't it be smart to cash in only part of your holdings and deposit the rest into an iraqi dinar account? Would i be right in assuming that many banks offering to cash in may also offer foriegn currency accounts? I would rather hold my Dinar electronically after the RV! If we have the option of opening an account in IQD then that is a big 10-4 buddy! What you just explained ties directly into my answer on the previous question. Supply and Demand is a huge reason why I feel they will come out low and then milk it upwards. sandfly HA ADAM, THANKS FOR ALL YOU DO FOR US. HOW DO YOU FEEL ABOUT IT NOW. DO YOU THINK BEFORE MAR. THANKS! Seabee Hello Adam I have been thinking about this for for some time now, but I feel you would have a better response for me. With the price of oil crashing at this time, how is this going to effect any RV that most are expecting over the next few month. With Saudi Arabia behind the action to allow the price of the barrel of oil to drop. How do you feel this will affect Iraq, not only their budget, but with their need to partially fund the banking system. The price of oil dropped to roughly $57.00 last Friday. With many countries, they are in a negative balance trying to cover break even expense, leaving little if any for the profit margins. Canadas break even point at the tar sand is at $85.00 and the oil fields in the northern plains are at $65.00. Also the break even points for Sadia Arabia is $25.00 and Kawaitt at $35.00 and Iraq is said to be the same or some what higher. I guess you can see where I am going with all this. So my question is, how is Iraq going to weather this event ? Will this even have effect on any RV or am I looking in the wrong direction? I should note the the lower price of oil will only be a temporary thing. However when the price of oil heads back up, it will not be as high as it was last Summer. Happy Holidays Adam. Seabee Seabee, that's a very astute observation and I've been kicking that one around as well. Here's where I end up: The price of oil has dropped dramatically, and it will definitely affect the potential rate for Iraq. In the past I had entertained the possibility of an RV higher than my .10 analysis, but at this time... I don't think that's possible. With oil prices so low, at .10 they can come out swinging strong, but at $1 they would be teetering precariously... and that's not what the CBI will do. Now, this might seem wrong to people at first glance... so read this next bit with an open mind. The GOOD thing is that oil won't stay low forever. Gas prices will rise. YES, that's a good thing. And when that starts happening, Iraq's profits will rise, and the value of the IQD will follow suit. You see where I'm going with this? ============= To be continued... =============== 17 1 Link to comment Share on other sites More sharing options...
jaymar11 Posted December 17, 2014 Report Share Posted December 17, 2014 Hi Adam, season's greetings and thanks for all you do. My question is, in the idea of a float theory, won't the mega rich people and conglomerates just buy up the dinar at .10 cents and own the country so to speak? 1 Link to comment Share on other sites More sharing options...
Adam Montana Posted December 17, 2014 Author Report Share Posted December 17, 2014 ================ continued... ================== waitingondinar Adam, most articles appear to continue providing positive information showing Iraq is continuing to move forward. The most recent incident concerning all members is the dropping price of oil. This is begining to feel like December 2010 when at that time it seemed like everything was coming together and we were to see an RV by the end of that December or 1st quarter of January. Here we are 4 years later. Could you fill in a few more details for us with any specifics you might be privy to? Also, you stated a possible $.10 opening rate. Several other members thought a buck might be more appropriate considering the wealth of the country. Again, can you please add your info? Thanks See my previous answer please! tankdude I really only have one question - Why the Bills? 7 dropped passes! First game in my fantasy football league with Aaron Rodgers as my QB the he didn't make double digits! skeetdog Should of had ''Breeze'' as the helm....lol You - out. kgreen I don't ask many questions but have a couple in this post; 1. Is $25,000 dinar bills considered "big notes"? 2. If a friend is not a VIP, could I take his Dinar and pay him out as we redeem or invest for him? 3. As a VIP/name reserve, could I use the same corporation set up for the dinar as for other business ventures or do you suggest keeping them separate? Thank you very much! 1. Not IMO. 2. Yes, but tax consequences fall on you... be careful there. 3. Keep them separate. MRCHIPS Adam, I have read that there may be a 50 mil. limit on exchanges per person.... 1. Find where you read that. 2. Never go there again. Dinars4sale Hi Adam, thanks for all your hard work and weekly info. Have we been at this point with the HCL before? Has it been AGEED upon, but never voted in as law? Merry Christmas. NEVER!!!! We are either AT the summit or we are LOOKING AT the summit of this deal... NEVER have we been at this juncture! Mrs. Silence Dogood Adam, would it be all that bad to have a float? VanessaL4100 Hi Adam! First time asking a question. (so please be gentle!) Anyway, in the past 2 weeks according to XE I have seen the dinar fluctuate not only in the matter of a day but also hours - from 1165 to 1200, to 1144 to 1182, to 1152. What are your thoughts on this? And Merry Christmas to you and your family! Forget about XE - they aren't reliable on the dinar now or in the last 5 years. Merry Christmas to you and yours as well! wbuse984 Adam, In regards to a float, a free float would be awesome I think, for example RV happens and CBI sells: Day 1: CBI Sells 1 Dinar = $.10US Day 2: CBI Sells 1 Dinar = $.20US (diff $.10) Day 3: CBI Sells 1 Dinar = $.30US (diff $.20) Day 4: CBI Buys: 3 Dinar = $.10US On day 4 CBI buys back 3 dinar and makes $.30 (x millions/billions?) Over-simplified, but am I correct on how a free or managed float would work to the CBI's favor...or am I missing something... Merry Christmas to you, mods and all on DV You have the concept correct. Yes, over-simplified... but you have grasped a business concept that many will never understand. Congrats! 6 1 Link to comment Share on other sites More sharing options...
userghost Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks for the chat I was looking forward to it! Link to comment Share on other sites More sharing options...
Adam Montana Posted December 17, 2014 Author Report Share Posted December 17, 2014 ============== continued again! ====================== boosterbglee Adam, sorry about the Packers! If oil continues it's dive, how does that affect our potential RV? Thanks King Cheese! See my posts above on the oil price, and thanks for your condolences! fred5688 Merry Christmas Adam, With everything going on with the price of oil. Where do you think we are. Do you seeing the rv before christmas or by the end of the year. Thanks for all your insite See above for my thoughts on the oil prices. Hellifiknow Thanks Adam 1. What's the best question I could \ should be asking this week ?? Don't forget to answer it after. Lol Unless their incredibly new......we know your not clairvoyant !!! Going to bank etc. with my dinars.....timeframe most likely ?? 1-3 months. 3-6. 6-12. OMG !! another year Go STEELERS !!!!!!! SMH cashman54 Adam, Ranch or Blue cheese? Adam, what's your favorite chain restaurant? LITE ranch at BWW! That's it for now Friends! 8 Link to comment Share on other sites More sharing options...
skeetdog Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks Adam...Hopefully this's the bottom of the last hill on this ride and things are slolwin' down to step off..... Link to comment Share on other sites More sharing options...
sharkbait Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks Adam! Link to comment Share on other sites More sharing options...
NeedRv Posted December 17, 2014 Report Share Posted December 17, 2014 Go Bills!!! It was that D-Fence..... Sorry Adam... Link to comment Share on other sites More sharing options...
boosterbglee Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks Adam! Merry Christmas to you and your family! Go Packers! Merry Christmas to all the Mod's & Newshounds that bring news here for us! I am truly thankful to all at DV, Happy Holidays to all! 1 Link to comment Share on other sites More sharing options...
Wiljor Posted December 17, 2014 Report Share Posted December 17, 2014 (edited) Much apppreciated Adam, clear, precise, and straight to the point. Happy Holidays to you and your loved ones Edited December 17, 2014 by Wiljor Link to comment Share on other sites More sharing options...
Shabibilicious Posted December 17, 2014 Report Share Posted December 17, 2014 Merry Christmas, Adam. H(o)(o)ters........where the legs are better than the wings. GO RV, and NO BV 3 1 Link to comment Share on other sites More sharing options...
rdoncampos Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks Adam And Happy Holidays 1 1 Link to comment Share on other sites More sharing options...
twoAkitas Posted December 17, 2014 Report Share Posted December 17, 2014 (edited) Thank you for the chat! Merry Christmas everyone Edited December 17, 2014 by twoAkitas Link to comment Share on other sites More sharing options...
umbertino Posted December 17, 2014 Report Share Posted December 17, 2014 Thank you for the chat! Merry Christmas everyone And to you and yours,twoAkitas Link to comment Share on other sites More sharing options...
DinarThug Posted December 17, 2014 Report Share Posted December 17, 2014 (See His Topless 'Selfie' Avatar Above) Thanks Adam And Happy Holidays Stop Me If U've Heard This One Already - Two Nipples Walk Into A Bra ... 5 1 Link to comment Share on other sites More sharing options...
DWitte Posted December 17, 2014 Report Share Posted December 17, 2014 (edited) If you were a real "Thugster" you would take care of Rdoncampos. Looking more like a "Thuggie". And I do have to stop you even though I haven't heard that one. I've seen it though. Many times and I LIKE it. Even after they get there. Edited December 17, 2014 by DWitte 1 Link to comment Share on other sites More sharing options...
Caye98 Posted December 17, 2014 Report Share Posted December 17, 2014 ================ continued... ================== 1. Find where you read that. 2. Never go there again. ROFLMAO!!! Happy Hanukkah, Merry Christmas, Kwanzaa, Festivus, RmamaHanuKwanzMas to you Adam, Madam Montana and all of the mini-Montanas! 3 Link to comment Share on other sites More sharing options...
vietnam1969 Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks for the update Adam. Wishing you, the mods, and everyone in DV a very Merry Christmas and a Happy New Year or any other holiday some of you celebrate at this time of year. Link to comment Share on other sites More sharing options...
calkid11 Posted December 17, 2014 Report Share Posted December 17, 2014 THANK YoU ADAM HAVE A HAPPY HOLIDAYS TO YOU And the MODS Link to comment Share on other sites More sharing options...
DinarThug Posted December 17, 2014 Report Share Posted December 17, 2014 The Following Is A Response By CNN On A Thread Started A Few Months Ago Asking SandFly's Whereabouts ... He's On A 3 Week Leave From Afghanistan !His Comments From A Week Ago Are On Clownie's Profile ! He Mentioned On A Thread About A Month Ago That He Was Headed To The Philippines ! I Understand Why People Get Frustrated With The 'Reshuffling' That Occurs From His Multiple 'Thanks' In The News Section !But If He's Over There Risking His A$$ Every Day And His Only Outlet Is To 'Thank' Away On Our Site - Then So Be It ! SandFly Is Clownie's Friend - And I Have No Problem Sticking Up For Him ! And He's Also A Really Good Sport Since CNN Is Continuously Throwing Him Under The Bus For A Laugh ! - CNN Read more: http://dinarvets.com/forums/index.php?/topic/186704-where-is-sandfly/#ixzz3MBHh6rmx . If you were a real "Thugster" you would take care of Rdoncampos. Looking more like a "Thuggie". The Merry 'Thanksters' Rdoncampos, Calkid, And My Boy SandFly Are Both Simultaneously Appreciated And Lampooned By CNN On A Regular Basis ! If Anybody Legitimately Goes After Them - They Know That The Clown Has Got Their Back ! 4 1 Link to comment Share on other sites More sharing options...
umbertino Posted December 17, 2014 Report Share Posted December 17, 2014 (See His Topless 'Selfie' Avatar Above) Stop Me If U've Heard This One Already - Two Nipples Walk Into A Bra ... :D lol..... 1 Link to comment Share on other sites More sharing options...
Linda Posted December 17, 2014 Report Share Posted December 17, 2014 MERRY CHRISTMAS!!! Thank you Adam... Link to comment Share on other sites More sharing options...
plengfer Posted December 17, 2014 Report Share Posted December 17, 2014 Wishing Adam, Mods and staff a very Merry Christmas and Happy New Year. Go Broncos and Manning. 2 1 Link to comment Share on other sites More sharing options...
wbuse984 Posted December 17, 2014 Report Share Posted December 17, 2014 Thanks again Adam, and a merry Christmas to all, and to all an RV ...Thugster you are a riot my man, er....Clown 1 Link to comment Share on other sites More sharing options...
Hellifiknow Posted December 17, 2014 Report Share Posted December 17, 2014 SMH :-) ??????? Thanks for all you do Link to comment Share on other sites More sharing options...
Recommended Posts