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Good afternoon-evening, all! This has been a roller coaster of a week for so many sectors... I know some of you are here for "Just the Dinar News, sir.... just the dinar news". I'll start with IQD. There is talk - and I'll leave it to you to research this, because I have 17 articles on my notepad that would really only cause confusion - but there is TALK that Iraq isn't able to use USD anymore. Or they won't be able to, or they shouldn't, or whatever. Listen, this is a fundamental issue, and anyone that's followed me for any amount48 points
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The support you all show is amazing and I will be eternally grateful for all of the positive feedback and comments. This has been a while coming, and it was an immediate weight off my shoulders yesterday, and sense of relief, to make the decision to change that part of my schedule. Things you love should not be stressful, and I love this community. Now that I've made the decision, I can get back to enjoying my time with you instead of letting it be a mid-week stressor. Thank you all45 points
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Happy Sunday, everyone! I'm tagging this "Adam Montana Weekly", even though the updates are no longer weekly, just to keep them showing up in the same searches for your convenience. Also, I don't have a lot to say... but I wanted to check in so you all didn't think I'm abandoning you! I'm just incredibly busy with some new projects in my life that have taken me away from the computer. I'm very thankful for the reprieve from the computer screen, my eyes and my back have been screaming at me the last couple of years. It was time for a change.40 points
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I am VERY excited to do this update, but I'm forced to postpone until tomorrow rather than give a shortened update. Thank you all for the understanding! See you tomorrow37 points
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WOW!!!! Go Iraq!!! International!! Leaving the 7th impose by the United Nation...They (UN) took it away and now they (UN) gave it back!!! KHAS ... AL-RAFIDAIN BANK LEAVES THE SEVENTH ITEM Thursday, February 18, 2021 2:31 PM National News Center / private Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article Seven that was previously imposed on it. The director of Al-Rafidain Bank, Hussein Ali Al-Zubaidi, revealed in a statement singled out by the "National News Center" "the fulfillmen35 points
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Hey hey, happy Sunday! Things are still cruising along nicely. In addition to everything else I could share, I decided to just pick one topic... OIL. The HCL, or "Hydro Carbon Law", is a key element in Iraq's eventual ReValuation of their currency exchange rate. In simple terms... when they finalize the agreement on how the profits will be shared, via the HCL, we are either past the RV date or it's a different kind of "soon", like immediately or tomorrow. OIL was at $61.53 when I did my last update. I stated then that we only really n34 points
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Oil announces the transfer of a copy of the oil and gas law to the Council of Ministers for approval Posted 40 seconds ago https://iraqakhbar.com/2931956 News source / Baghdad today News source / Baghdad today Baghdad today Prompt In the form of opinion Ministry of Oil: Review the final version of the draft federal oil and gas law The Minister of Oil stressed the importance of expediting the passage of the federal oil and gas law And its importance in organizin32 points
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I just read that the Marshall Plan has ended and Iraq can No Longer Used The USD at all for payment of any type. Did a search and nothing much about the Marshall Plan other than re Construction after World War II.......Some wanted the Marshall Plan to help Iraq and others didn't think it would work....So "If" that was true that would mean Iraq could No Longer use USD. Then the talk about the "BUNA" and AMF would also mean they need to Be an Internationally Traded Currency....Hence no more Program Rate.... While I am no expert I still believe something is going on with t27 points
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A surprise announcement by the Ministry of Oil of the draft oil and gas law Time: 02/25/2021 00:01:44 https://alforatnews.com/news/وزارة-النفط-مراجعة-النسخة-النهائية-لمسودة-قانون-النفط-والغاز {Baghdad: Al Furat News} The Minister of Oil, Ihsan Abdul Jabbar, announced that the meeting of the Opinion Committee in the ministry, which was held on Wednesday, included discussion and review of the final version of the federal oil26 points
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Good afternoon all! Before I continue, let me be clear - this is not a bad or negative update! Life has kept me incredibly busy lately - some of my other businesses have taken fantastic turns and I've been flying all over the place. It's a great thing for my family and I, but it's really put a cramp on my mid-week updates. "Hump Day" just has too much else going on to give you all the attention and quality that you deserve. So: Until further notice, I'm going to suspend the "scheduled" chats and I'll probably start doing them on the25 points
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Four of the things people are always saying have to happen before it can RV are... !. The Dinar must be able to be traded internationally 2. Pass the HCL 3 .Discontinue the currency auction 4. Stop corruption and retrieve funds These items are all issues they are addressing this week. I hope they are successful.25 points
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That's just not fair! Most of us have no idea all the time, years and tons of money that Adam has spent to make DV the BEST dinar site ever! I think your comment is pretty ignorant, just my opinion. Ya think perhaps at times he needs to take care of other business??? Geeesshhh .. kinda sounds ungrateful in my opinion WH24 points
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No joke! @Adam, you can just send the text, and then update us on the way to the bank 😉23 points
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“Iraq is on the brink of economic recovery” Statement from Prime Minister Financial advisor “We will witness the opening of Iraq to the world significantly." Statement from British ambassador From the IMF In view of the corrective measures implemented by Iraq, the Executive Board decided not to require any further remedial action in connection with the breach of obligations under Article VIII, Section 5.”.. meaning they provided all the necessary information required by the IMF The Pope visiting Iraq is clear sign of security, stability and pea21 points
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Funny you should point out the Marshall plan,as I was reading this thread I thought "Iraq will RV when it benefits the corrupt politicians". Because one thing the last couple of weeks should have shown us all is that the world leaders don't give a dammmmm about us little people.21 points
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Thank you Adam. I know a thing or two about eye strain from too much Computer work. I hope your project works out better than mine. I tried teaching a twerking class but got fired. My class was way more advanced than me. Oh no, not the elevator summary. Too many strange things happen in the elevator20 points
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“During the next few days, an agreement will be announced to pass the 2021 budget, after a convergence of visions between the political forces," Get it done ✅ Go Budget 2021 Go HCL agreement Go delete of the 000 Go RV20 points
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Idk - Maybe In The Automotive Section ? Btw - Do U Know Where To Put It ... Omg - She’s Just Using A Regular 30 Weight Oil On A Smaller, Higher Revving Engine That Requires A 50 Weight ! Sheesh - What A Total Ditz ...18 points
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CNN. Broadcasting The Bid For Cancelling The Auctions ! Canceling the currency auction, reducing borrowing, and “isolating” the central bank’s reserves ... the most important thing for hard currency in the 2021 budget 2021-02-08 Yes Iraq: Baghdad Today, Monday, the Parliamentary Finance Committee revealed a tendency to cancel the currency auction, while indicating that the Central Bank's reserves will not be affected in the general budget for 2021. The co18 points
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Just remember in order for Iraq to get out of Chapter-VII, in which they did last week, and their banks are now Internationally recognized, the HCL law had to be passed, that was and is a W.TO., U.N. and I.M.F requirement. They are not going to tell us everything, stay grounded! The Pope ain’t coming to Babylon for nothing. Stay grounded Dinar Community! Stay GROUNDED!18 points
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Iraq talks about 'breakthrough' in the file of increasing oil production through 'OPEC' Wednesday 24th February 2021 18:26 https://akhbaar.org/home/2021/2/280504.html Baghdad (People) - The Iraqi Oil Marketing Company "SOMO" confirmed, on Wednesday, that an upcoming meeting is being prepared for the beginning of next month in "OPEC" to increase production by 500 thousand barrels per day. The Director General of the Oil Marketing Company, Sumo Alaa Al-Mousawi, said in a statement to the official agency affiliated with "people" (February 2418 points
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2 Wks Ago During A Group Ride One Of My Mtn Biking Buddies Shared A Story From His Longtime Friend That Works At A Local Brokerage Office... He Had A Commercial Airline Pilot Who Had Invested $5k Into A Crypto And Had Just Recently Cashed Out $3 Million Dollars After About A Month Or So ! I Asked The Name Of The Crypto Out Of Curiosity And He Didn’t Know But Said He’d Find Out... I Talked To Him Again This Week And He Said He Found Out That The Name Of The Crypto Was GNY (Pronounced Genie) ! There Are Over 4,000 Crypto Currencies Out There With18 points
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I can explain it in one word, DOMINION. We haven't been electing our political figures for decades.18 points
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Representative economy: more than 90% of the budget items have been decided and will pass by the majority if Baghdad and Erbil do not agree Feb 23, 2021 Today, Tuesday, the Parliamentary Economic and Investment Committee confirmed that more than 90% of the provisions of the federal budget bill for 2021 have been finally settled, while indicating that Parliament will proceed to vote by majority if the governments of Baghdad and Erbil do not agree. Committee member Mazen Al-Faily said in a statement to "Tigris", that "the budget will be radical economic solutio17 points
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It's not too late for investing in bitcoin OR for getting yourself educated on international banking and business and asset protection. I'm not sure if you are implying that anyone is being disrespected, and I assume that you are not, but if that's how you feel - please elaborate. Thank you for the post, sir! The bright minds in our VIP section have taught me a few things as well! Just one of the reasons I'm so grateful for this community Cheers Ziggy! I agree about the nickname It's not too la17 points
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Thank you for shooting it straight Adam. I’m glad your other businesses are doing well. We can all wait. This horse came in 3rd place in the 2019 Kentucky Derby. If she wasn’t a half ass horse she would probably won.17 points
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I just don't understand how we keep electing people to public office who do nothing to show their loyalty to us, the people they have to count on to be able to get rich from! Granted, most of us do our best to make informed decisions, but there are enough people voting it seems, who are more interested in what their candidate is going to give them "for free" than they are about who's going to do the best job of keeping our country safe, secure and prosperous for ALL peoples who live here! To be honest, I'm less concerned about which side of the aisle you're on than I am about how17 points
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Al-Halbousi: Present the budget to a vote soon, and we are proceeding with the legislation of the oil and gas law Time: 03/04/2021 23:20:53 Read: 2,548 times (Baghdad: Al Furat News) The Speaker of Parliament, Muhammad Al-Halbousi, confirmed, on Thursday, the parliament’s keenness to proceed with the laws that were suspended in previous sessions, most notably the Federal Supreme Court Law, which was suspended throughout previous sessions. In a statement, Al-Furat News Ag16 points
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"We will witness the opening of Iraq to the world significantly." Its Coming..... Get Ready From a closed economy to an open market economy with an international recognized currency . Go Iraq Go international Go open market economy Go RV Go 202116 points
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2/26/2021 Setting a new exchange rate for the Iraqi dinar against the US dollar is part of the economic reform programme adopted by the @IraqiGovt which aims to address the immediate financial crisis and placing the Iraqi economy on a sustainable path. Go RV Go Purchasing power Go 202116 points
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Welcome To Page 3 Of “ Let’s Bro Iraq - Part 47 & 1/8th “ ! LINK Barzani's party expects a breakthrough in the talks in Baghdad and Erbil and sets a date for the agreement 19:52 - 02/24/2021 The deputy of the Kurdistan Democratic Party, Pierre Taher, expected, on Wednesday, that an agreement would be reached between Baghdad and Erbil early next week. "The political blocs continue to insist on their stance not to accept the region's current share in the budget,"16 points
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After discussion of the draft federal oil and gas law ... a government call to expedite its approval https://shafaq.com/ar/اقتصـاد/بعد-نقاش-لمسودة-قانون-النفط-والغاز-الاتحادي-دعوة-حكومية-للتعجيل-ب-قراره 2021-02-24 14:13 Shafaq News / The Minister of Oil stressed the importance of expediting the passage of the federal oil and gas law and its importance in regulating the management of oil and gas wealth in Iraq. Ihsan Abdul-Jabbar Ismail said that the meeting of the Opinion Committee at the Min16 points
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Inflation is kicking in... They will have to do something with the exchange rate really soon.! Go budget 2021 Go RV Go purchasing power16 points
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I noticed they don’t mentioned the use of the dollar as an anchor of the economy. Like they did in the past IV consultation. ”Directors also saw need for further monetary policy measures by the central bank to contain inflation” “Directors emphasized the importance of reducing corruption in key public institutions, continued improvement and effective implementation of the AML/CFT framework, restructuring of large state-owned banks to foster financial stability, and developing the private sector.” Iraq still has some work in their quest to an open market economy.16 points
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Wtf - Even Weegie’s Dog Is A ‘Pumper’ ! And It Looks Like He Was Trying To Give Weegie The ‘Sucker’ Rate ...16 points
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Unfortunately politics are in everything these days....even in the IQD Investment sector....best if you just tune it out....JMO CL16 points
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Mnt Goat *** Article: "TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR" Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want... Article Quote: "A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS15 points
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“The Council of Ministers decided to form a committee to study the consequences of changing the currency exchange rate” Looks like they are planning to change the exchange rate again.! Financial advisor of Prime minister Mohammed Saleh statement: Iraq is on the brink of economic recovery Go Budget 2021 Go HCL Go delete of the 000 Go RV Go purchasing power15 points