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Showing content with the highest reputation since 06/24/2018 in all areas

  1. 60 points
    Good evening DinarVets and all you beautiful members! (Same happy greeting to you ugly ones, as well ) If you’ve kept up with my recent posts, you know I’m excited about oil - see here, here, here, here… you get the idea. We finished the week still above $60 on the WTI charts... and still going strong. Even though DinarVets is the strongest and longest going community in the world related to the dinar, occasionally I am reminded that not everyone who reads my weekly updates has been here forever, and a lot of people count on me and this site to "fill in the blanks" while we're waiting. I appreciate the reminders! It gives me a good reason to step back and look at the big picture. And as much as the "wait" can be almost debilitating at times... ... this was never going to happen overnight. At least, not overnight on a night that was on the calendar in the past. When it happens, it will certainly look like an "overnight" event to the outsiders and those that missed the boat. BIG PICTURE TIME. There are a lot of moving parts here, but the biggest thing we're waiting on right now is the HCL. There are a bunch of articles and news related to HCL, and I'm even getting some very encouraging private messages from my contacts about the progress, but the bottom line right now is this: HCL has not been concluded at this time. Therefore we have no RV... ... yet. Yet, we have reason to keep hanging on, and if I may be so bold... we have a damn good reason for it. Iraq’s currency price is based on their ability to sell it to other countries, just like any other country with a tradable currency. Their ability to sell their currency is determined by what other countries will pay for it - this is the basic concept of supply and demand. Something is only worth what someone is willing to pay for it, no more and no less. In the currency exchange game, stronger demand for a currency will create a larger market, which pushes the price up. In order for Iraq to raise the "sell" price of their currency, they have to create a strong market for it. If they don't have a strong market, then we could never have a chance of an RV. That is not the case. We DO have a strong market. If Iraq wasn't making progress towards stability and strength, we would have no chance of an RV. That is also not the case. Iraq IS moving in the right direction. They are doing it by solidifying their government and stabilizing their perceived ability to provide a solid expectation of return on investment. That's really all this comes down to, after all. Iraq's ability to raise the value of their currency is based on the perceived ability to provide a solid expectation of return on investment. This is exactly why the value of the Dinar dropped to pennies on the dollar in such a short time when it did. When Iraq was invaded and their government toppled, the world (traders, experts, everyone) had reason to doubt that Iraq would be able to sustain the value of the dinar, and the value of the dinar dropped. End of story. Something extremely predictable happens when a stock or a currency or anything suddenly starts losing value... it causes panic. Herd mentality kicks in, and it sweeps like a tidal wave. People selling to avoid loss are willing to take losses to avoid bigger losses, and the avalanche builds momentum. Sometimes a stock or commodity will be annihilated, or sometimes it will just sink to a level that nobody believed was possible just months before. This happened to the Dinar. The same thing happens on the opposite side, of course. When people see something rising in value, they predictably want to catch that wave and the momentum will build the other way. People see other people making profits and want to join in, and again the herd mentality can push a stock or a currency or anything else that is being traded to levels that it shouldn't actually attain. Eventually the markets will stabilize, as they always do. In Iraq's case, this is exactly why I lean towards a pegged RV rate opposed to a complete free float on the market. It will be easier for them to control a major change if they also control the fluctuation, and they stand to make enough profits on an RV that they will be better served by taking the profits on a fixed spread rather than trying to "catch it at the top". A pegged rate, at least initially, will allow them to control and maintain a higher rate. They are doing all this with their actions in their government, and the price of oil going up at a steady and fairly predictable rate gives them the ability to create a solid path to higher profitability. End result? Everything we’re looking for! Fingers crossed for some HCL news (SOON), and when it happens I'll be sending out that message. GOOO RRRRVVVVV!!!!! - Adam
  2. 59 points
    Good morning everyone! I know it's Wednesday, and I was trying to move my weekly updates to Friday... old habits die hard, I guess A Friday update this week is actually a strong possibility, the way Dinar news has been coming lately. This, for example: That thread has just been out of control with positive developments related to an upcoming HCL agreement! (For those of you that don't know, the HCL is possibly/probably the last thing we need to see for an RV.) I'll pull a couple snippets from that article above: We all love the word "soon", but this time... it's looking very, very real. Two thirds or more is PLENTY to suit our needs! FYI, this is HCL. Plain and simple. There is a LOT of excitement around here concerning the middle of the month. This is a big part of that excitement. I won't encourage anyone to get too excited, but I'm also not going to downplay this one... this is BIG. We are in the best situation for an RV that I have ever witnessed. Stay positive, stay sane, and stay grounded! - Adam
  3. 58 points
    I know, it's not Wednesday... Hey everyone! I mentioned recently that the "Weekly Updates" may be switching days - I expected the news to start getting busy, and that is now official! I haven’t picked a specific day yet, and I may not need to. The weekly updates won't be necessary once we have an RV, and the stars are lining up very nicely right now. Fingers crossed on that one. I’ll explain why below, and you might want to strap in for this one! First, the budget was submitted, signed, and looks like it will be passed, with a HUGE keynote - a significantly acceptable portion of the budget going to the Kurds. This has been a major point of contention between the parties over the years, in fact it’s possibly the biggest point of disagreement and reason for delays in the budget approval process in recent history. You can read the budget as it is written and posted here, but it needs to be published in the Gazette to be official. This may be happening yet this week, and if it does... that will be insanely quick. It's barely the first week of February!!! Last year the Budget was boycotted by the Kurds in March, and they threatened to secede over the disputes. THAT is how far we've come in a year!!! If you’re not already squirming, let me tell you - this is awesome news. A happy GOI is a GOI that we can get behind, because it’s one that is more likely to RV. And this is possibly the happiest we’ve ever seen them! That by itself may have been enough reason for me to send out a special email on most weeks, but this week - THIS week - we have more. Maybe MUCH more! I’m trying to contain my excitement, and I’ve been doing a pretty good job of staying (mostly) in my seat, but it’s getting more and more difficult. We may have an HCL agreement shortly! I’ve been on the verge of releasing this information for over a week, and I’ve only held off because THIS is the kind of movement we need to see for an RV to happen, and I didn’t want to release the news without a full confirmation. As the news keeps coming out, this is going to start getting press in other places, so you may as well hear it here. If you’ve been following me for any time now, you know I’ve been on an “HCL-requirement” kick for a couple years now. No HCL = no RV. I've harped on that for years... and now, after a long ride, it's not just on the horizon - it's coming at us, lights flashing and horns blaring! If you have NOT been with me for that long, let me introduce myself! Hi, I’m Adam Montana. The possibility of a Dinar RV has been in the works for a while now - over a decade, in fact. I’ve been following it, and helping tens of thousands of people avoid bad info, for the entire time. The summary on Iraqi Dinar is simple - back in 2003, the country of Iraq went through some stuff and their currency plummeted in value. It was once worth over $3 per one Iraqi Dinar, and now it’s worse than 1000 dinars to $1. It was even worse, so much worse that those of us who got in early enough have already doubled our money. But, and this is why most of us are here in the first place, it stands a fighting chance of going back to it’s former value, or “ReValuing”, upwards to the tune of 100x where it is now or even more. When that happens, those of us who have the current Iraqi Dinar (not the “old notes” with Saddam Hussein’s face on them) will be able to exchange at that higher value, winning us an amazing profit. It’s called a “windfall”, and it’s definitely a real thing. Here’s where yours truly comes in. Throughout this whole venture, and before most of us ever heard of the Iraqi Dinar, I’ve been fortunate enough to have contacts in places that matter to get the absolute best return on the exchange. Because of the loyal group of members here at dinarvets who have committed to work alongside my partners and I in this, we have formed the STRONGEST and BEST CONNECTED group of dinar holders in the world… and this gives us EVEN MORE leverage. It's a snowball effect, and it's a good place to be. In short, we’re going to put more money in our pocket than the average Joe or Mary that simply goes to the bank to cash in. Not only that, but the years of networking and planning for this event have allowed my contacts and I to put together the absolute best strategies for reducing tax liabilities, minimize risk, and even invest after the fact to increase our returns. The best part? There will be no “800 numbers” to call. The VIP group will NEVER part with their dinar as part of their exchange. And if you decide to pay the measly amount of money it costs to join the VIP group, you are ABSOLUTELY GUARANTEED to get a return on that expense when we cash in on the RV, or I’ll refund every penny you spent on VIP. Your time may be running out. Join VIP here, before it's too late. Back to the Dinar, for the past couple years I’ve been saying that we need to see progress on the HCL to see the RV. While other websites and “gurus” are talking about people already cashing in (fake news), or having “secret intel” on the timing of this event… I’ve been telling people to remain calm. That’s one of the reasons thousands of VIP members place their trust in my and the programs here, because I don’t fluff this stuff up just to get people excited. I do the opposite - if there’s nothing going on, I tell it like it is, no matter who gets mad at me for it. (It happens! ) Well… the time that we have been waiting on may be over. There is news out right now that is more encouraging regarding the HCL than ANYthing I have ever seen, and that means we’re almost there. It means this may be your last chance to get in VIP. Your chance to get in VIP may be over before I get this email sent out! And if the RV is announced, and you’re not in the VIP group - you’re on your own. No benefits, no tax benefits, and good luck to you. Now is probably the most URGENT time in this venture to get in VIP. Join here: Remember, there’s a money back guarantee. You have nothing to lose and a LOT to gain. See you in there! GOOOOO RRRRVVVVVV!!!!!!! - Adam Montana P.S. In reading the above, I see that I didn't explain why the HCL is important. In a nutshell, it's important to the Kurds so they get a fair share of oil revenue, and ties in very closely to their concerns on the budget. Both of those issues are melting away, right in front of our eyes. With these two things lining up at the same time, we have the most perfect situation to see an RV that I've ever witnessed. RIGHT NOW is an amazing time to be part of this situation!
  4. 53 points
    Hey everyone, Happy Saturday! I'm not going to be able to put as much in this update as I wanted, due to some crazy travel snafus in my life, but I still have to get this posted - there's no way I'd be able to sleep tonight with this bouncing around in my head! I've been saying for a couple months now that oil to ~$60 was what I want to see. This is not because $60 is a "magic number", so even though we *almost* hit $60 this week ($59.85 I think!!!), I'm going to state that the oil price is "close enough" and we are officially in the GREEN ZONE on that aspect. A declining price in oil would have made the RV-Button-Pushers pull back. That didn't happen. A sudden spike to $60 would have urged no action, because a sudden pullback would have been expected. That didn't happen either! What we have been seeing in the price of oil is a steady climb, very controlled and consistent, towards the $60 mark. Keep in mind that the OPEC oil production limitation agreement that virtually every OPEC country/member has signed onto, with the exception of Iraq, is largely responsible for this controlled growth. (Without a doubt, some of you bean counter number crunching over-analyzers will have something to say about that... I'm speaking in general. There's no need to get into micro details at this time!) Iraq is playing along as a supporting cheerleader to the oil reduction plan, just as we suspected they would, but they have never specifically committed to the reductions in production that OPEC is conducting at this time. That means they have nothing stopping them from a sudden ramp-up in production and sales to generate a large amount of cash, while the rest of the major oil producing nations will need to at least prepare a diplomatic speech before they catch up, if they even choose to do so. We all know that it won't just be us little investors and Iraq that benefits from a change in the Iraqi Dinar. Every country that has physical dinar in their reserves, or any kind of trade alliance with Iraq, will also benefit. That's one piece of the puzzle, and an important one, but what's even more important is the overall picture... which just keeps getting better and better. Iraq's reserves reporting positive news: Iraq's Prime Minister Mahdi continues to be well received: There are a couple more items I want to talk about, but this update is already extremely late so I'm just going to get it posted and follow up tomorrow or Monday with the rest. Before I click submit here... the summary is simple: Iraq could not ask for a better scenario under which to increase the value of their currency. And to that I say.... GOOOOO RRRRVVVVVVV!!!! More to come. - Adam
  5. 51 points
    I just want to thank all the news hounds, Yota, Butifldrm, 6ly410, Synopsis and many more that have kept us up on the latest news and happenings going on in Iraq. Many thanks to Adam, all the mods and administrators for running the best Iraqi Dinar website. I also want to thank the posters who keep it light. A little laughter is always a good thing, so thanks Markinsa, Thugs, King, Star, PP. You guys are great. To the Libs and Dems that I have debated, trashed, and ridiculed, my many apologies for being so hurtful at times. To the many many others on this website who I enjoy reading, i wish you all all a good Easter with many Blessings on a very special weekend!!
  6. 44 points
    Tariffs on China. Pretty sure Trump said he would. Iran mucking up the world news. Despite the above, OIL (WTI) refuses to go below $60. Uber going public... this should be interesting! Bezos... to the moon! (Pretty sure that's going to be an upgrade from your normal Prime membership.) Bitcoin refused to fall below $5000, in fact it topped $6000, Fidelity steps up again, and the SEC will give a major green light one of these days. All that, and more! Good morning everyone! My apologies for being absent a few days this last week. I had some personal matters to tend to, and they took me away from the updates I wanted to do. Don't think for a minute I wasn't on top of things! I just wasn't able to get my regular posts here done. Ramadan is officially under way, and for once in this wild ride... I'm very pleased to see how things are moving. OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we're not even a week in and we are already seeing a difference. Case in point... start here and read the next few articles. Not only are Parliament meetings continuing as of tomorrow (Saturday), but we're finally talking about OIL! OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now. I say it's not surprising because even though it's Ramadan, the timing is right. This time around, they may just surprise us. More later. - Adam
  7. 44 points
    Good Morning DinarVets! It seems we are in an interesting situation right now. I've been watching the news shift directions slightly... not in an opposing way, just a shift. In the past, we've had some key things happen around mid-year. Major items, like Chapter 7, for example. The "shift" in the news that I'm seeing is - and I say this with a little bit of reservation, because I'm not substituting my intuition for an actual crystal ball - it is encouraging, in a way that may be signaling another big announcement in the middle of the year. Are you in VIP yet? Join here. I'm expecting a revaluation of the Iraqi Dinar to be preceded by a bit of silence... and we do have that right now. Don't get me wrong, we have a lot of encouraging articles to read right now, but the subtle shift in tone... It's hard to explain, but take a look at this comment and the posts that follow: Things happen slowly in Iraq. We know this. It was about 3 months ago when I posted that original link, and starting with the comment I just linked to, the discerning person can see how the articles are starting to focus on the higher level agreements. This is the fine tuning, and the polishing. That's what I'm seeing happening right now... and it's all coming full circle, about 3-6 months after the last big round of "regular" news. This just happens to fall in place perfectly, if you ask me. I'm on the fence about Ramadan this year - it might not be as quiet as it has been in the past. I'm hoping to find some more clues, or get some "boots on the ground" feedback over the next couple days. With that in mind, I'll be making another post to further explain my stance. Expect it Friday or Saturday, unless there's an RV announcement before then. Make sure you're in VIP, either way! That's it for this morning - more to come. - Adam
  8. 42 points
    Are we there yet?!?!! Good morning all! Lots of hype going on right now. That tends to bring out the best AND the worst in this Dinar adventure, so I want to address it real quick. Here's a simple truth: There is always going to be "hype". That does NOT mean there is no legitimate opportunity here. It's like someone passionately exclaiming, "Usain Bolt (the fastest man in the world) could beat a Corvette in a race!" Is that statement factual? No, it's a bit of an exaggeration. But is Usain Bolt still incredibly fast? YES! And while he's probably not going to outpace a vehicle with a top speed of over 200MPH, that doesn't take away from the fact that he holds an incredible record. The Iraqi Dinar is very similar. We currently have a bit of garbage to sift through as we dig into the "facts". There will always be attention seeking "gurus" making crazy claims about people standing in line to cash in or getting top secret calls from the "Head of International Crystal Ball Readers Association". These delusional characters may even believe the stuff they say, but does that make Usain Bolt any slower? Sure doesn't! And it also doesn't make the opportunity for the Dinar any less, either. If you were around the Dinar world before Chapter 7 was lifted, an event that was arguably one of the most important events related to Iraq in recent history, you'll remember that things got VERY exciting before that happened. It was not a guarantee that Chapter 7 would get lifted... in fact, it was questionable if it would actually happen, and very much a surprise to many. Even without absolute confirmation of this very important event that was about to transpire, and even though many of the news stations and media and all of the people "in the know" didn't give a warning... the dinar world had a "feeling" that something was about to happen. The rumor mills started cranking up, "reports" of people standing in line in Reno and Vegas and other "select" locations were flying around like monkeys at a circus, and the activity on many websites was through the roof. Did we have an RV at that time? Obviously not. And nobody cashed in, not in Reno or anywhere else... at least, not at the $3+ rate. BUT, did something major happen? YES. That's where we seem to be right now. This is the time of year that many major milestones have been reached in Iraq. NOW is the time I'm expecting to see something major... maybe HCL, maybe something else, and very possibly a rate change. The tension is growing, and it shows in many ways... like how your animals know a storm is coming, when the weatherperson said "10% chance of rain", and then the neighbors barn and cows get taken away in a tornado. Fido knew. Did you listen? You might want to get in VIP, now. Join here. Bring on the twisters!
  9. 42 points
    Good morning DinarVets! This is a post I've been working through for a little bit. Some of this is pieced together from thoughts that I had at different times recently, some of the figures are from memory and might be off by a fraction, but the theory is solid. Question: Is Iraq going to "lop"? In the case of Iraq, one of 3 things is going to happen eventually, with “eventually” being either immediately, next week, or maybe a year from now. There is no “deadline” that they are bound to, nor will there ever be one in the current political and economic climate. Certainly there will be factors that could encourage Iraq to move faster or bide their time, but there is no entity or force on the planet that can force Iraq to make any changes to their monetary policy. (I know, I know... "Guru X said next Tuesday and swore on Grandma Nellys urn." I really don't care, and Grandma Nelly doesn't either.) Let's start by talking about the “value” of currencies. When someone says “things are cheaper in Mexico”, or “your money is worth more in X or Y country”, the merit to that kind of statement is marginal. For the sake of using round numbers, you get 1000 dinars for 1 US dollar. If you get one gallon of milk for 2 US dollars, youʼre not going to get 500 gallons of milk for 1000 dinars... youʼre going to pay 2000 dinars for a gallon of milk. Letʼs hop over to Mexico for a minute - are things cheaper in Mexico? In some cases, yes! You may spend the equivalent of $1US for a gallon of milk in Mexico, making your money go twice as far... which means you have twice as much money! $1000 in small-town rural Mexico may go 2x further than Chicago or New York. If you know exactly how much money you have to spend for the rest of your life, moving to a place where your money will go further may be something to consider. Why live like a pauper in NYC if you can live like royalty in Panama, Costa Rica, or Mexico? Before this gets too confusing, letʼs get back to that “value” issue... wouldn't it be a hoot if you could simply convert your money to pesos, where you have 2x the value, then convert back to USD, doubling your money? And just do that again and again until you had enough to buy a big yacht to pull your little yacht on the way to your personal island. Unfortunately, thatʼs not how it works. Youʼd actually end up losing money as you exchange, because the entities doing the exchanging charge some kind of fee for their service - sometimes this is called a “spread”, and I outlined that in the knowledge packed RV Intel book. (Itʼs helped thousands of you become a 13 minute expert on the Iraqi Dinar, grab your copy here!) VIP members, your copy is free at this link: Before we get too sidetracked talking about cheap places to live like a King or Queen, letʼs get back to the Iraqi Dinar, and more importantly, whatʼs going to happen to it in the near future. Like I said at the start, Iraq will do one of three things. In plain Dinarianese, these things are: RV (ReValue) Lop (remove some zeros, either from the exchange rate or the denominations) Nothing. The definition of “RV” and “Lop” can be found in the RV Intel guide, so I wonʼt go into detail on that here. Those terms are defined in the book already. One thing that is not discussed at length is the probability of a lop. One of the best things about this whole Iraqi Dinar thing is this - the absolute worst thing that is likely to happen to us is a net 0 event, where we break even on our money. Seriously, thatʼs the reality! Of course there is a tiny chance that we lose some money. There's also the fact that many of you that have been here with me since the beginning have already almost doubled your money! The worst case realistic scenario is that we break even due to a “lop”. That's it - that's the worst likely "bad" scenario. So, how likely is THAT to happen? Letʼs talk about why a country would do that in the first place, and I think youʼre going to see what many others agree with already: Reasons for removing zeros. Obtaining international credit Regaining national identity and national confidence Controlling currency market Decreasing inflation pressures Preventing currency replacement with foreign currencies Some of those *could* certainly apply to Iraq, but... they donʼt need to lop in order to do any of those. Iraq has already made strong progress in rebuilding and obtaining international credit. They do not have an emergency situation, like Zimbabwe or Venezuela. In fact, Iraqʼs international credit is rated across the board as “B grade” and “Stable” Iraq has already made tons of progress here. A lop is not going to enhance that. The CBI already controls the currency market. There is no need for further action. Iraqʼs most recent inflation was measured at about 2% - almost identical to the United States. We are not talking about Zimbabwe here! Multiple currencies are used in Iraq, but there are no threats of replacing the Iraqi Dinar. But hang on, thatʼs not all! Thereʼs more: Since 1960, only 71 cases of lopping have occurred. In the last 50 years, only 19 countries have removed 0ʼs, with 10 of those countries doing it twice. 4 times for Argentina 5 times in former Yugoslavia Brazil 6 times Bolivia 2 times Ukraine 3 times Russia, Poland, Belgium also 3 times Turkey, Island, Korea, and Ghana one time each Brazil holds the record for lopping, with a total of 18 zeros being removed since 1930 and the currency being renamed 8 times. None of those countries are Iraq, have Iraq's resources, have Iraq's potential... heck, none of them even rhyme with "Iraq". Pretty solid evidence that a lop is a pretty low probability event for us here, don't you think? In summary, my opinion of our possible outcomes in this situation is this: 79% chance we see a change in the value upwards in the near future. 20% chance they do nothing other than maintain the status quo (for now). And a slight 1% chance of a lop. Personally... I like love those odds, and I'm sticking it out. I'm also preparing for the eventual change in value by being involved in VIP here at DinarVets. You are doing the same, I hope! Hopefully this little write up was of value to you, my friends! Stay positive, stay warm, and GOOOOO RRRRRVVVVVVVV!!!! Warmest RV Regards, - Adam P.S. This is not an invitation for the lopster gang to dogpile in here and start spouting your economic genius about how the M0 of Iraq in February makes it impossible to boil a garbage can of rice because hippos like Bingo under a full moon. There's another section on the forums for that
  10. 41 points
    I accidentally found this on the Internet. I'm still waiting on that message (Make sure your sound is on): Message From Montana
  11. 41 points
    Good afternoon all! We're currently in the midst of some significant happenings right now. It's almost coming too fast to keep on top of things, so let's just recap the current situation. Hopefully you caught my last update on Saturday (posted here), but I'll summarize that real quick as well - EVERYTHING oil related is cruising along at a good clip and in the right direction. As of that last post, we had *almost* hit the $60 mark. As I write this today, we have touched $60 a couple times this week. That by itself is validation for what I was predicting over the last couple months, but the real important part is the manner it is happening. Nice and steady, just how we want it.... for now. Next on the agenda is most likely a continued rise towards $70, but that's not a "new goalpost" by any means. Rather, I'm expecting to see some solid HCL news, and a potential focus on the HCL, with the RV bubbling just below the surface of the news. I think the most important thing to understand at this time is that they will not give us a major heads up on this plan. Our only clues are going to be: Stability in the GOI, which we have. Solid news on HCL, or an actual passed HCL bill, which is reasonable to expect under the current situation. Very related to HCL is this: In a nutshell, the Kurdish oil production is higher than the anticipated amount, and the Kurds are probably 100% entitled to withhold the additional production since their portion of the budget was negotiated with 250,000 bpd in mind. Remember what I said in my last update, about Iraq's ability to ramp up production quickly? Yep! That's still on the table! What does this mean to us? In my opinion, this has great potential. The Kurds have a solid argument, and the Baghdad side now has a LOT of motivation to get busy negotiating a profit sharing agreement. That’s exactly what the HCL is. The Kurds will also be motivated to get this moving, as they probably stand to catch a larger portion of the budget in addition to a better HCL deal. A couple years ago when they were talking about a secession, with the Kurds forming their own country - remember that? I had heard at the time from my experts that there was no real chance of that happening, but they were setting the stage for a stronger position in the big picture. That is EXACTLY what this ties into, and the HCL is what puts a pretty little bow on this whole deal. Pretty exciting stuff! I'll get this posted and open to comments before the day gets any later. I want to wish everyone a fantastic weekend, and of course GOOO RRRRVVVVV!!!! - Adam
  12. 40 points
    Good morning all! A few things to touch on this morning, and then I'll send out an email. First on my list - and I'm going to keep this SIMPLE - we are in my green zone! There is no better place on this chart for an RV. It is THAT simple! Because I'm feeling so chipper about this graphic, you're going to get a 33% discount on VIP. Take advantage, get in! Click here and use discount code "chipper". Just as an FYI, I don't send out emails weekly. It's not my intention to clutter your inbox, and if you're hankering for a dinar news fix, you know where to come... right here! On to more exciting stuff! There was a bit of suspense regarding Iraqi Parliamentary activity today. The Financial Management aspect was pushed off, but I don't see that as a major factor. The other 5 matters were attended to, from what we can tell... 5 out of 6 is a huge improvement over what we used to see out of Parliament! This is just another testament to the progress Iraq has made and continues to make. Oil... I know I don't have to harp on this, but oil is a big deal and Iraq is focused heavily. In fact, OIL wasn't even officially on the agenda for today's Parliament votes, yet it was still a heavy matter of discussion. I'm reading into that part. It wasn't even on the official agenda, but it was a major point of discussion. The goal, as stated by all reports, is to get affairs in order quickly. That makes sense to me, and I'm keeping a keen eye on things. I think we're going to see HCL news quicker than they are letting on. To add to that thought, let's consider the current global situations of two other countries that are relevant to Iraq's progression: Iran and Saudi Arabia. Iran and Iraq are friendlier than I like, but that's an emotional opinion rather than a business one. Iran is in a geographical position to be beneficial to Iraq, and Iraq does have a large percentage of it's population that is sympathetic to Iran, so some buddying up is to be expected and will not prevent or delay a restructuring or revaluing of their currency. Iran is handicapped by sanctions at the moment, so they are of less help than they would be otherwise. Saudi Arabia, on the other hand, is not crippled at all. They are powerful, in good graces on many accounts, and are getting friendlier with Iraq than they have in the past. Since Iran is not the most capable ally to Iraq, does it surprise anyone that PM Abadi is in Saudi Arabia today... discussing trade, policy, and OIL? Abadi is currently on day 1 of a 2 day visit. I am crossing my fingers for some solid progress as a result of the things I've just mentioned. Next on the list of items "coming up soon" is Ramadan. This is a big part of the timing... we're either going to see an RV before Ramadan, or after Ramadan. I've maintained for years that no RV will happen during Ramadan, and that hasn't changed. Ramadan comes early this time around - May 5 to June 4, according to google. Show me HCL news in the next week and I think we're looking at a big surprise... I hope you are all ready. If you're not in VIP before the RV is announced, you will have missed your chance. As soon as the value on the dinar changes, the doors on VIP will immediately close, and you will be locked out forever. Use this discount and get in there with us! Discount code "chipper" will work on any of the first 3 packages listed here. I'm going to wrap up for this morning, but I'll leave you with something @Synopsis posted a few days ago... I happen to agree with most of it. GOOOOO RRRVVVVVV!!!!! - Adam ======== Quoted post below: ======= I recognize the Bicraqi Iraqi GOI, among other Bicraqi Iraqi functions, is/are extremely dysfunctional at best. I am not sure about the "cohesiveness" of the Bicraqi Iraqi prior to Saddam Hussein whereas I suspect legacy Ottoman Empire, World War I, World War II, legacy Silk Road, and modern economic interests in Iraq have "shaped" a semi cultural nomadic lot of tribal and otherwise inclined easily excitable on a variety of different issue folk. So now enter the Bicraqi Iraqi democracy and foreign influences. The Bicraqi Iraqi have both benefits and challenges being strategically located and enormous natural resource wealth beyond just the crude oil. Likely, many entities are on the take whereas the rank and file Bicraqi Iraqi Citizen just wants a better life - without war - like other sane people. Except, Heat AND Sand Season REALLY messes THEM up like NOTHING else. So, the Bicraqi Iraqi as a whole are likely substantially without a cohesive understand of what a national norm is, what it looks like, and how to sustain it. However, Iraq, with ALL the Bicraqi Iraqi, REALLY needs to be a Safe, Secure, Stable, AND Sovereign State for both Bicraqi Iraqi AND INTERNATIONAL reasons. Enter the "opiate of prosperity" via Foreign Investment ALONG with the Safety, Security, Stability, AND Sovereign Iraq CAN OFFER the Bicraqi Iraqi whereas THEIR prosperous norm, should it be challenged, WILL BE neutralized at the source. Some of THESE roots are taking ahold now although slow and tedious. It is fabled Dr. Shabibi WAS going to ReInstate the Bicraqi Iraqi Dinar back in 2012 or 2013 at a time, oddly, outside of the typically assessed "prime" "time" of the year. The question I have is, "Are the conditions better or worse now than in 2012 or 2013 when Dr. Shabibi is fabled to have attempted to ReInstate the Bicraqi Iraqi Dinar Internationally?" In my opinion, the conditions regarding Iraq have never been better now than ever before BY FAR noted here: Iraq by far is recognized as a Sovereign State by regional and international entities at capacities and frequencies never seen before as a new democratic entity with a distinct government. Old Mr. Potato Head Nouri al-Maliki has never been weaker influentially than now especially with the Insanian Spanctions REALLY biting AND biting MUCH HARDER in the NEAR future. Bark Insane Obama, Hilly, AND Scary John Kerry have all been defanged whereas THEIR liabilities are ratcheting through the legacy systems THAT NO LONGER have the influence and direction like the past. Nauti Arabia, Scordan, AND the KoolAidis ALL have an interest in eradicating Insanian influences in Iraq. The Insanians ONLY destablize entities for THEIR end of destruction and control at the impoverishment level. A significant influence of the Insanians in Iraq THREATENS Nauti Arabia, Scordan, AND KoolAidi Sovereignty as a GROWING cancer. Economically, the Insanians are EXCEPTIONALLY inferior to the Nauti Arabian, Scordanian, AND KoolAidis ESPECIALLY with THESE folks having FAVORABLE relationships with The United States Of America economically AND militarily. Other. I look at Iraq with ALL the Bicraqi Iraqi from the lens of Safety, Security, Stability, AND Sovereignty compared to the level of external influences and internal Sectarian Violence AND likelihood of Civil War. Should the Safety, Security, Stability, AND Sovereignty of Iraq outweigh the external influences and internal Sectarian Violence AND likelihood of Civil War significantly, I suspect the introduction of the "opiate of prosperity" will peg out the Safety, Security, Stability, AND Sovereignty of Iraq while simultaneously strongly forcing out external influences AND quell internal Sectarian Violence AND likelihood of Civil War. The transitioning to a Bicraqi Iraqi "open economy" with a REAL TIME transacted Bicraqi Iraqi Dinar WILL ALWAYS have SOME ISSUES. NO doubt about it. The transitioning, to me, WILL be like "grinding" "some" "gears" instead of shifting ALL gears smoothly. THERE NEVER WILL BE AN OPTIMUM TIME WHERE EVERY CONDITION IS SATISFIED. The basic issue is whether the key and functional items can be maintained at an acceptable operating level while the other issues and conditions are acceptably rectified past entering the "open economy". Here are a couple overall parameters to be met, in my opinion: Sufficient Safety, Security, Stability, AND Sovereignty of Iraq. Absence of Sectarian Strife AND Civil War with the imminent threat thereof in Iraq and areas immediately surrounding Iraq. Sustainable peaceable relations, especially economically, with other international entities. Sufficient International Entity recognition and support for Iraq as an integrated economic and peaceable entity. The "program" "rate" Bicraqi Iraqi Dinar JUST DOES NOT CUT IT representing the ACTUAL foreign and local investment potential in and for Iraq. The economic imbalances long term WILL NOT sustain Iraq AND the entities doing business with Iraq ESPECIALLY the economically potent AND stable foreign entities investing in Iraq. The Bicraqi Iraqi DINAR MUST GO REAL TIME INTERNATIONAL PRONTO TONTO for the reconstruction, construction, AND economic development to have ANY traction WHATSOEVER!!! WHEN, pray tell, will ALL THIS come together???!!! Iya dunno. Maybe BABY I am JUST WAY, WAY off MY rocker AND YOU wasted YOUR time reading ALL THIS NONSENSE!!! Sorry. eh? Ah, ALL told, NOBODY knows IF, WHEN, OR HOW MUCH IF EVER. THIS is, NO doubt ABOUT IT, a Speculative Bicraqi Iraqi Dinar Investment. WE ALL have our varied reasons for reasonably venturing into THIS Investment understanding the risks AND uncertainties with the MADNESS brought about at times with the LACK OF PROGRESS AND PAY OUT WE ALL ARE ANTICIPATING. So........................................................ We Wait. Hopefully, THIS was worth YOUR time reading. Have A Great Weekend!!! Go Moola Nova!
  13. 40 points
    Good afternoon, DV! Surprise, it's THURSDAY! Let's talk about dinar for a few moments: Oil saw a nice upward spike yesterday. We're not quite to $60, but the trend is still positive. I expect it to pull back a tiny smidge, then continue the steady pace in this direction: This is probably a good time to be sure you all understand something - I'm not saying "the day OIL hits $60, we will have an RV"! $60 was the direction I wanted to see, and we're basically there. As long as the current trend continues, we are in the (green) zone. Steady and controlled oil prices, + steady and stable GOI, + some HCL goodies... that's what we're looking for, and it keeps coming! One item that is of note, and may push us out just a little bit, is the budget/fiscal year. There is a LOT of accounting to be done with any kind of monetary change, and it would certainly make things cleaner to change the rate on a specific date that coincided with something logical like the start of a fiscal year or quarter, or perhaps the beginning of a new budget, or something like that. We are a couple weeks away from the end of Iraq's first fiscal quarter. Their fiscal (XYZ) can be a bit confusing because they don't get the new budget out until after the new fiscal year has already begun, and in the past they have stated that surplus in the budget applies to the following year. Oh, there's nothing like proper planning, where the first three months of the year you have no idea what's in your checking account or what bills are in the mailbox! 🤦‍♂️ That's nothing to concern us, of course. In fact, with the steady progress we're seeing in all other areas, the prospect of a currency value change at the start of Iraq's Q2 is a pretty reasonable thought. In other news... not much I can say right now! Parliament is in session and WORKING. The latest on a relevant HCL thread is here: We don't have an announcement, but all of the clues are saying *soon*. That's what I have for you this fine Thursday, friends! I'll be monitoring, have a fantastic day, and GOO RRRVVVVVV!!! - Adam
  14. 39 points
    ERBIL — Kurdistan Region Prime Minister Nechirvan Barzani met on Thursday with his Iraqi counterpart Adil Abdul-Mahdi in Baghdad. The two premiers reportedly discussed bilateral ties and ways to resolve the remaining disputes between Erbil and Baghdad. This is the first visit to Baghdad by PM Barzani since the approval of Iraq’s 2019 budget bill which secured the salaries for Peshmerga and public servants of Kurdistan Region. No officials statements have yet been made. Link: "First visit... since the approval of (the budget)"... It's only been a week! This is moving, and fast.
  15. 39 points
    Gooooood afternoon everyone! Well, we did it! We weathered another Ramadan, and Eid al fitr. I am going to state the obvious: Despite no RV announcement during the Big Holiday, this was a more eventful one than normal. All positive, too! Historically, many of the bigger milestones have happened around this time of year. Chapter 7 was lifted in late June, for example. A few others have also occurred right around now as well. I have my eye on some "triggers" - nothing I can put a guarantee on, and I had a work issue pop up right as I was getting started with this update, so I'll save my hypothesizing for later. I have reason to believe we are entering a unique week for the Iraqi dinar, so I have already blocked time off on my calendar for additional dinar focus over the coming ~10 days. If I'm wrong, you can tar and feather me. If I'm not wrong, we should have some interesting times ahead. Before I wrap this up, here's something I don't do very often - This thread is now open for questions. What's on your mind? ( I'm a glutton for punishment, what can I say?! And I already have extra time blocked off for Dinar this coming week, so what the heck... let's do it! )
  16. 39 points
    Hey everyone! I'm filing this under "weekly", but really it's just a follow up to last week's chat. I've been traveling and internet has been a problem, hence the delay. Last week, I was expecting a particular bit of news out of Iraq, based on conversations with my personal contacts. This isn't earth shattering news, on the surface. If you're here for a "rate or date" prediction, you can go back to cat videos on youtube now. Seriously! Here you go, please enjoy... I know you will. (Cat video above!) Back to business I don't always share the "inside" stuff that crosses my desk, but I often hear about trends and insights that are about to be released. I have to be certain about what I post before I make public statements, because every word I post here is analyzed 6 ways from the closest palm tree, subjected to 17 different interpretations, and sometimes used maliciously. The item I'm about to talk about was a 99%er, and it's very positive for us, but I was holding it tight for a few reasons... one, I don't want to blow up the server with it. Two, I don't want to give the "gurus" any more than they already have. Let me get to the point, assuming you're still reading and not completely distracted by the video above Due to my technical issues over the last few days (3rd world country internet), I suddenly find that I have to scrap an entire public update because someone beat me to the punch on this one... nice job, @6ly410! This is the offending article, which was posted in response to my last weekly update... and this is where the conversation gets serious: Unless you've been living under a rock or just found the website, you know I've been talking about how the current OPEC agreement is a huge "ace in the hole" for Iraq. That article above is the biggest "bat signal" imaginable! I'll spell it out real quick - OPEC (The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations, founded in 1960 in Baghdad by the first five members, and headquartered since 1965 in Vienna, Austria. Wikipedia) currently has an understanding / agreement to limit production. Iraq is not specifically included or excluded from it, despite the founding information you can see above, and they are in prime position (GOLDEN OPPORTUNITY) to monetize their place in the deal. I don't know what else I can say about it... Iraq is in the best place we could hope for. Ramadan is nearing it's end, we are looking at a live fuse attached to a financial firework, and I won't be surprised if they light the fuse before 4th of July. Not that Iraq cares about the 4th of July... that date just happens to mesh with the "live fuse" metaphor, and the timing is right. Ignore it if you want. Join VIP if you want to have max benefits. The choice is yours. Either way, I'm excited to be on this side of the microphone as things go down! GOOOO RVVVVVV!!!! P.S. There's an OSI-only post coming soon. I have a VIP post that I wanted to get out by now, but I refuse to release things that aren't complete. Soon. P.P.S. We all love cat videos. And we all know that over 90% of the members here just show up for the entertainment, and less than 10% of us are serious about Post RV, so for 9/10 of the community... please respond with a funny cat video Some of you need no encouragement.
  17. 39 points
    Good afternoon DinarVets, and welcome to the weekly! I love days like today, where I can just hop right into the MEAT. As much as we all hate "I told you so's", here are a couple. Headlines from the past couple days include: 1. BREXIT. When this was first brought up in 2016, I voiced my opinion that it wouldn't be successful and not to worry about it. As of this morning, it looks like the whole thing was a huge waste of time and is going nowhere... time will tell, but I could have told you that as well. 2. Did you catch my update last week? One of my talking points was oil, the price per barrel, and Iraq's sneaky but convenient exception to the ongoing limitations on production by OPEC members. Just look at these headlines... "Could Oil Prices Rise By $25 Per Barrel In 2019?" "Kuwait National: $ 65 Brent crude average during 2019 and 2020 " " Oil Markets Could See Deficit In 2019 The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch." (the word "deficit" is a good thing here ) "Heavy Crude: From Glut To Shortage - Jan 15, 2019, 5:00 PM CST" ("Shortage" is another good word for us right now) " Oil rises with hopes of a better market under OPEC-led cuts " ... and so on. Here's the thing, folks... this is the situation that Iraq wants. This writing is on the wall, in the headlines, and it's heading towards RV time. Iraq can read the headlines just as well as we can, so for now we just hang on tight. Oil is at $52.18 right now, and for scientific discussion purposes, I have painstakingly explained below what I'd like to see happen in this market: What more can I say at this point? 2019 is cruising along nicely for us, and as long as you're in VIP with me... you're ready just like me and a boatload of other DV members! Here's the weekly Q's: Possibly. Our VIP options in Mexico seem to change on a daily basis, and I keep an updated database of what is safe, reliable, and viable. If I say "yes" today, it could be "no" next week, so I won't give a commitment on that question until the time is here. In a roundabout way it does, because global events always have some impact.... so, yes. But it doesn't merit any concern for us at this time. I am midway through writing a post on exactly that topic. I'll wrap it up soon and send out an email. For now, my simple answer - I don't think it's likely that they will take the first approach. More on that later. ================ That'll do it for now! Hang on tight everyone, when the nuts and bolts of my picture above come into play, it looks like we're ready for blast off. GOOO RRRVVVVVVV!!! - Adam
  18. 38 points
    Parliamentary move to raise the price of the dinar and maintain the stability of inflation Wednesday 20 March 2019 Baghdad / Omar Abdul Latif The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary and monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation. "The committee will move during the current legislative term towards changing the fiscal and monetary policy in the country in general," said member of the committee Abdul Hadi al-Saadawi, Coming ". He added that "the Committee is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state," pointing out that "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country". "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment." link
  19. 38 points
    Good morning all! Happy International Women's Day, especially to those of you amazing women on our staff and member list here at DV. The world, and DV, would not be as awesome without you! This has been an interesting week in the markets, but not so much for Dinar when it comes to actual news. There's a good reason for this. Oil has been pretty flat, just like the news on HCL. Step back and take a "big picture" view of the situation, and it's easy to understand that this is to be expected. I find it amusing to read the headlines that state "Oil production falls to (X time frame) lows..." Hang on a second, oil "falls"?! That's the headline? I don't think that's accurate. It's not "falling" - it's being controlled, exactly as they planned. This is a topic we've been on top of since 2017, before the talk of OPEC agreeing to slowing oil production. The headlines would be more accurate if they said "Planned reduction in oil production to stabilize prices" But that doesn't get as many clicks, it's just not as sensational... even though it's the truth. And we've been expecting it, because we have been watching this sector through a fairly specialized set of glasses. Interpretation: All is going according to plan. And if all is going according to plan, then it's just a matter of time. Sunday is the first day of work for the Iraqi week, so I'd suggest taking a couple days away from the "news" - get in VIP for the peace of mind, do some reading in there if you want to be prepared, informed, and ready. Otherwise enjoy a couple of days away, because we're not going to have an RV in the next couple days. Unless I'm wrong. I'm always open to that possibility! - Adam
  20. 37 points
    Good morning all! Just a quick note this morning, because I'm bubbling with excitement over the recent progress and feel compelled to get something up here. No, we don't have an HCL... and no, there has been no RV announcement. But, boy howdy, talk about tracking! Iraq, the CBI, President Trump, and the Easter Bunny all have something in common: NONE of them are going to give us a specific "heads up" when Iraq is about to pull the trigger on a ReValuation of the Iraqi Dinar. Our job here is to be informed, engaged, and prepared. OIL is over my forecasted/predicted/anticipated mark of $60. A member pointed out last week that the benchmark price I chose is WTI, which is not necessarily "Iraqi Oil", and to be fair it has been some time since I explained why I chose WTI as a reference point. Quite simply, WTI is a commonly used price that can be used to reasonably gauge activity across various markets. Since actual daily Iraqi production and sales are not readily available, it makes sense to track another index or marker that has a more reliable report available. As of this writing, oil (WTI) has surpassed $60 and is on a steady pace (slow and steady wins the race!) upwards. This isn't the only thing that matters, of course. The ReValuation (RV) of the Iraqi Dinar isn't hinged on any one item by any means! It is a culmination of many moving parts, and OIL is only one of them... ... but OIL is a big piece, and it's performing exactly as we we want. I'll post a more in depth update later, but one other item is on the news - BTC. I wouldn't get super excited about it, but the gains on BTC this week are definitely worth looking at. More on that later as well. As always, GO RVVVVVVV!!!! The stars are aligning. More to come later. - Adam
  21. 35 points
    I will not be waiting till a decent hour to push that "send" button! When it's time, it goes. 💥
  22. 35 points
    Good evening all! Most of you won’t be surprised that today’s post is so late in the day, because I mentioned recently the Wednesday updates were going to be changed soon. I’m currently leaning towards Thursday or Friday, but a final official decision has not been made. For this week, the Briefing will be Friday morning. Or sooner, if events warrant. We’re on the cusp of a good number of significant possibilities, so I’m not ruling anything out. Talk to you Friday morning at the latest. Be well, and GO RVVVVV!!!! - Adam P.S. This was a quick post, but we have some REAL good news coming soon. I can't wait. CAN NOT WAIT! To share more of what is lurking just round the corner for us! Good things come to those that wait, and it's looking like we've all waited about long enough... things are coming for us. More on that soon. *** update: The Friday morning post I mentioned above can now be found here:
  23. 35 points
    Happy Wednesday and good morning! Any day this side of the earthworms always has potential to be great, and today is an exceptional example... we have breaking news. I'm going to give us two names to discuss this morning... Barham Salih and Abdul Mahdi. For the last few months, we've been in a holding pattern. We know what's coming, and it has been obvious that progress was being made, but let's be honest... it was a lonnnnng, slowwwww couple months waiting for SOMETHING to pop. As of yesterday, that slow moving train gave it's first puff of black smoke and the wheels made the first turn. The rust feel off of pieces that seemed to have been stuck motionless for eons, the tracks even groaned a little in protest as this giant piece of history began inching forward, and we have some actual news... ... Iraq has a new president. Here's a name you'll be seeing more of: The new Iraqi President, Barham Salih. What's more, and this happened lightning fast... President Barham Salih has named Abdul Mahdi as Prime Minister. Before I get too far into this, let's note a couple of important things: 1. This is happening fast. If you're not in VIP when an RV is announced, you will never get in! Join VIP here and ensure you are set to receive the most important news first, regarding any tax implications, cash in procedures, and more. The doors will close immediately upon announcement of the RV!!!Don't put that off - the benefits are staggering. We are talking about $$$$(+!) in your pocket on cash in, not to mention all of the other benefits. Get in! 2. This is happening fast! New Iraqi President Barham Salih had 15 days to name the new PM, but he did not wait. He did it immediately. There are obviously plans being set into motion, that were organized well in advance of this announcement. Related article: This is breaking news at this time, so the situation is fluid... but this was a major milestone, and we're hearing the train start to chug. CHOOOO CHOOOOOOOOOOO!!!!!!!!! Let's go, Iraq! Couple questions from the members: I don't see anything wrong with this pick. In fact, his immediate announcement of a choice in PM says a lot about how we can expect things to change. This is possibly even better than Abadi remaining PM... the status quo is due for a shakeup, and a "fresh face" can certainly do that now. Looking forward to the coming days! I did not predict Abadi to be the next/new/continuing PM, although there was certainly a chance. Regardless - I have a good feeling about the new guy. The coming days will be a strong indicator of how things will shape out. =================== This is big news, so I'll be monitoring the thread and checking in throughout the day(s). I don't normally respond to the follow up comments in the weekly updates, but this one is big enough to make an exception... leave your comments below. GO RVVVVV!!!!! - Adam P.S. The VIP entrance is here: Remember... you snooze, you lose!
  24. 34 points
    Good morning all! I'm having a really hard time breaking the "Wednesday" habit I spend hours every day researching and communicating with my people on the Iraqi Dinar, international business, asset protection, etc... and by the time Wednesday comes around, I end up with so much stuff that needs to be cleared off of my plate, it seems impossible to put it off any further! Truthfully, I didn't realize how much of my week centers around these weekly updates. There are people I work with who know how important it is to get me my information by Tuesday, and are extremely dedicated to their roles, so even if there's nothing to report - they are checking in with me on Monday and Tuesday. Despite my best efforts to move these weekly updates to later in the week, it just hasn't happened yet. Oh well! Today is short and sweet. There is nothing negative to report - Parliament is working, OIL is still going the right way, and my gut tells me they are just kicking a few last details around. If something counter productive were to happen right now, I'd take a harder look at things... but that's not the case. Everything is lining up! Parliament: still working, and working effectively. OIL: still moving towards $60, and doing it steadily. The only thing we can ask for right now is that BOOM! HCL news. Keep your heads on straight! This really feels like the home stretch. - Adam P.S. It's too late to place your bets once the final home run is hit! If you're not in VIP when the RV is announced, you miss your chance forever. ====> Join us here. <====
  25. 33 points
    DINAR - man-oh-man I can’t wait till the day I get to say “THIS IS IT”! Today isn’t that day, but it’s coming! There’s a fun phenomena about things like this in life. There’s a saying about how "success breeds success" - the most successful realtors I know continue to do well, and in fact their jobs get easier as they get more successful because deals start coming to them. Same goes for VC companies - in the beginning, they have to hunt for deals. After a couple of successes, opportunities start coming to them. The same thing has happened to me in the Dinar world. In the beginning of all this, I had to seek out contacts. I had to do a lot of traveling and palm-pressing to get information, to meet people, to open doors. These days, after being in this circle for so long and meeting so many people - things come to me. By treating people with respect and honoring the commitments I’ve made to people, many many doors have opened, and I enjoy a very solid flow of information and commentary from people who are much closer to the inner workings of not only the CBI and Iraq in general, but also many other related organizations and entities. (The same thing is true for our VIP and OSI opportunities.) I’m explaining this because although I won’t say “I think we’re going to see an RV within XX days”… I AM getting a really strong vibe right now. The timing is getting close, and the opportunity here is real. Stay positive, friends. We may not have as long a wait as some think. OIL - no problems there! Still solid, still right where we want. BITCOIN - h/t to @coorslite21 for posting this video in VIP. This is a SUPER explanation of a couple things Crypto. Of note is the SEC’s available timeline - they have a deadline of August 19, which can be postponed one more time to October 18. I believe those two dates are BIG in the crypto world. Interesting parallel between BTC and the dinar… in that YT video, around the 8 minute mark, he’s talking about people that were looking at the price of Bitcoin in 2014 and waiting for it to drop back down to the $300 range. It never happened, of course, and now BTC is around $8000. Same goes for dinar, and VIP - this is one of those things that has been brewing for years. It might seem like a long time to some of us, but BTC has done a 20X on it’s price in 3 years and there’s no going back. You can’t hop in a time machine and “buy more” at that old price! IQD will be the same way, friends! If you don’t have it now, it will be too late before you know it. And if you’re not in VIP, you’re going to have that same sense of regret. Sadness. Loss. Don’t give yourself yet another situation where you waited too long, “should have” taken action, but didn’t. Get in VIP today. You’ll thank yourself for it. I've got more, but the day isn't getting any shorter! GOOOO RRRVVVVV!!!!!!! - Adam P.S. The Powerball pool! It runs every week, whether I mention it or not. Get in here. P.P.S. Couple random thoughts... Theresa May, will this story ever wrap up? Biggest non-story ever. Stocks - I don't gamble often, but I've really been considering putting TESLA on a permanent short.
  26. 33 points
    Well today is my Birthday and this is the kind of news that takes the cake, thanks Adam.
  27. 33 points
    Good morning all! Today I want to do a quick PSA, due to a recent thread that was posted where some members were getting emails from unknown sources. In all of these instances, the root of the issue came back to one simple thing... people posting their personal information online. I have a simple solution for that: DON'T. Everyone, you should be considering yourself a potential lottery winner. As a person who stands to make a good profit, whether from the actual lottery or anything else, you need to protect yourself. (Speaking of Lottery, get in our weekly pool here: ) Whether you win the lottery in our pool, by yourself, find some oil in your backyard, or stumble across a currency that leads to profits... Protect yourself from online threats! Protect yourself from hidden threats and visible ones. Protect your finances, your information, your identity. This is not rocket science, and the first rule is also the last rule: Don't share your personal information publicly! That's it for my podium time, so let's move on. In local news, elections were held yesterday in the States. THANK GOD! I'm anticipating my phone ringing at least 10 times less per day, getting a dozen less texts telling me to vote, and perhaps I can make it through a shower or a meal in peace. Even though obviously the world is now on fire due to (insert new candidate) taking position and completely ruining society as we know it. Actually, I'm not worried about any fires. Life is going to continue and I'm going to keep taking care of myself and my family. I suggest you all do the same! Ok, NOW I'm off the podium. I guess I wasn't quite done up there On to Dinar! I can keep this real simple, so that's what I'm going to do. 1. As one member stated in a thread, "Mahdi is cleaning house". YEP! The wheels are turning. The transition is rolling along, and that's the best news we can ask for. Keep it moving, Mahdi! 2. More on GOI - as I said above, things are moving. I see all of this as a good sign. There are no major upheavals, nothing shocking, and nothing scary has happened in the last week. Things are proceeding smoothly. To catch up on the most recent news, I'd recommend the following page: As much as I'd love to give you a more specific weekly update, complete with predictions for a timeline and a rate, that's not what we have. What we DO have is solid progress, and that's what I'll end with. Stay patient, friends. Just one Q from the members: Good question! That is certainly an angle I keep an eye on just to monitor my oil related investments, but I do not see it as a direct "hot button" that will prompt Iraq to RV. It will certainly have an impact on their bottom line, but it is not the "deciding factor". That's it for me for now! Stay grounded, and don't let the waiting get to you. All of this is going according to plan, if you ask me... I'm hanging out in the wings, ready to jump when this happens. - Adam
  28. 31 points
    CNN. Broadcasting A Super Major Milestone Posting Tribute - Never Before Achieved On DV - To The Hardest Working Newshound In This Investment ! He’s Now Within Five Posts At The Time Of This Thread But U Know That The Totally Stoic And Completely Unflappable DV Newshound Will Be Surpassing That Number In The Morning ! yota691 Enjoy the Ride... Platinum VIP 99,995 posts =============================================================== Oh - And Here’s A News Article So That This Thread Gets To Stay In The News Section For Yota To See It ! And Now Everybody In Baghdad Can Get Ready To Go Out And Paint The Town ! LINK Announcement of the establishment of a Dutch art exhibition in Baghdad 23rd May, 2019 The Minister of Culture, Tourism and Antiquities Abdul-Amir Al-Hamdani announced on Thursday the establishment of a Dutch art exhibition in Baghdad in coordination with the Dutch Embassy in Baghdad to bridge the cultural relations between the two countries. "It was agreed to organize an exhibition of paintings by the most illustrious painters in the Netherlands, to be exhibited at Al Mansour Mall," said Hamdani, during a meeting with Dutch Embassy Charge d'Affaires Erik Stratenk and First Secretary of the Embassy Hugo Brewer. Wide of the general public, "noting that "the exhibition is intended to be a cultural bridge between the Iraqi and Dutch people." "The coordination of the visit of the UN official Bjorn Stenfres in the middle of June, and a meeting with the Department of the Iraqi Museum and the Department of Provincial Museums, and to provide scientific lectures to the staff of the Antiquities Authority." During the meeting, Al-Hamdani called on the Dutch delegation to "tour the Qishla and Al Mutanabi Street after giving them an explanation of the cultural, historical and historical value of this region." He also invited Mr. Stratnik to visit the ruins of Babel during an interview with Hamdani, (ICOMOS), who presented a positive report on the status of Babylon on the World Heritage List. At the end of the meeting, Al-Hamdani promised to "visit the Kingdom of the Netherlands and learn about its heritage and culture." So Now Please Leave Ur Comments Of Luv And Appreciation For Our Master Yota To Read All About It !
  29. 31 points
    Goooood morning DV! This post will be a follow up to this week's earlier post... it's entirely possible that updates 2x per week are going to start happening, due to current events. Before I get too far into that, one quick clarification - earlier this week I said PM Abadi was in Saudi Arabia on business. Obviously this was a mistake, as the current Prime Minister of Iraq is no longer Abadi. Nonetheless! The actual PM of Iraq, Abdul Mahdi, was indeed in Saudi Arabia - and the resulting news is a bit of a present, if you ask me. (Speaking of presents - happy Easter, Passover, and all the other related holidays this time of year, whichever you do or don't observe!) As I was getting ready to post this, a perfect article was posted. I'll link to it below - use your discerning intelligence to pick through the article and tell me if you see the same thing I do. This situation is completely lopsided. The focus is heavily on Iraq, the benefits to Iraq, and not much else. In what world is that a deal we expect to see from the Saudis... are they suddenly charitable people operating for the sole purpose of World Peace and charity? I don't think so. Therefore, the equalization simply isn't being mentioned. I'll get into this more in a second, but first here is the article: As I mentioned in my post earlier this week, Saudi Arabia is important to Iraq. Take a look at the map below - you'll see that Iraq has 3 major countries that border it, and only one actual connection to water. Aside from that small bit of beach I circled below... Iraq is landlocked. The two largest borders are Iran and Saudi Arabia. Both countries present opportunities for oil delivery... in order to sell their oil, they must deliver it. In order to deliver the oil, it must get to the sea, unless they are to limit their market to the 6 countries that border them... and why would other oil rich countries pay a premium to Iraq? They would not, and will not. So it's in Iraq's best interest to have great relationships with it's neighbors, and it's important that the global market approves of these relationships. Iran and Syria are questionable allies... but Saudi Arabia is a solid partner. This is why I'm excited to see Iraq buddying up with Saudi Arabia, and it's even more exciting that it's not exactly clear what Saudi Arabia has to benefit at this time. I think we all know, or can use our imaginations. On that note, there is still a discount going - I'll leave it up for a little bit longer, but not too long! Get in VIP now and save 33% - discount code "chipper", link here. See you in there, and GO RV!!!!!! - Adam
  30. 31 points
    Good morning all! The RV train is still chugging along, with nothing but positive steam powering these updates. The majority of our news has already been covered (see my earlier update from this week here) so I won't beat that horse any more - suffice it to say that we're in a pretty spot! NOTHING has detracted from the good news on HCL. WE STILL have momentum on the budget, which is currently WAY AHEAD OF NORMAL. And I'll sweeten it up just a little bit with this - you remember that $60 mark I mentioned about a month ago? YEP, STILL GOING THE RIGHT WAY! Oil is creeping up on $56 as I write this. That's halfway to my mark of $60... and going strong! All of these things are coming together for us, creating the perfect situation. Obviously things can, and will, come up. I don't have an exact date for you, and I never will. But that sure won't stop me from being excited about what we're in the middle of right now! I'm actually very pleased to see the steady growth of oil, rather than a sudden spike. This "controlled growth" is exactly what I would want if I were Captain of the CBI, because it shows stability in the main area that needs it. Overall, things are just looking dandy. I'm keeping an eye on things, ready in the VIP whenever this thing pops! GOOO RRRVVVVV!!! - Adam P.S. There have been a lot of newbie questions regarding what to do when this happens. Of course, your best option is to be in VIP. But even if you aren't, the Cash In Guide (it's a short read!) will give you some quick pointers and help you avoid some common mistakes. I'll attach it here. It's free. Cash In Guide - Iraqi Dinar - v1.6.pdf
  31. 31 points
    Good afternoon everyone! We’re off and running into the new year, and I’ll repeat a bit of what I said last week… I’m still pretty solid about 2019. In fact, I like it a lot. Not this week in particular, but in general - I think we've got a solid chance to see some 💥💥 this year! Read on... I've been keeping an eye on the situation for a few months now, waiting to see the trend I'm seeing right now. Waiting for all the pieces to come together. And I finally feel like it's time to voice the following thoughts. This morning I stopped for fuel and my total bill, with a big bottle of Fiji water and a loaf of bread, was a whopping $50. I actually asked the clerk to double check my pump number... FIFTY dollars? I know my Fiji water didn't go down in price, and I didn't stop the pump early! The lady laughed and informed me the price per gallon is currently around $2, which is ten cents higher than it was last week. We may all enjoy a lower pump price, but I guarantee you the Middle East and all our Texas oil boys don't necessarily like them! That's exactly why OPEC entered into a production limit agreement in the not-so-distant past... because supply and demand drives price. Oil is on sale right now, due to a very high supply, and I don't think we'll see an RV while the sale is on. It's simply not in the CBI's best interest to do so. The good and bad news is this - there are actions being taken to get the price of oil back up. Check out this page: Now, think about this little tidbit... you may have noticed at the very top of that page that Iraq has "confirmed their commitment to participating" in the oil productions cuts. But, as a savvy reader who remembers the details, you also know that Iraq was not specifically included in the original OPEC agreement. Iraq is essentially standing on the sidelines, voicing support, encouraging the action... but reserving the right to step back from it and swoop in on some profits once they are there again, while everyone else frantically tries to organize a vote to release themselves from their self-imposed restrictions. At that point in time, Iraq will have all the time they need to successfully execute a couple days or even weeks of trading, exchanging currency with higher values and reaping profits on said exchanges, and everyone wins. Yes, EVERYONE wins. Even the OPEC members that may have seemingly "lost" some revenue with their limited production agreement. The truth of that matter is that none of them are in the dark about the potential for Iraq to revalue. They all sit there, innocently and conveniently silent about Iraq's exclusion from the agreement. Coincidence? I think not. In fact, this is the KEY. It's staring the world in the face, and only a small group of us are even paying attention. I'm ok with that. HCL is still a pivotal issue, but there's no point in finalizing the HCL until oil prices go back up. More good news - Iraq is in a very good position to implement HCL, so once we see this graph going up again... game on! While we wait, be sure to get in the Weekly Powerball Pool! Cheers everyone. - Adam **** Follow up on a post from last week: If $60 is considered "Red Zone", I'd call that the 20 yard line. $70+ is the 5 yard line. If you're picking up what I'm putting down here, both of those are one play away from a touchdown.
  32. 31 points
    There are certainly a lot of great comments from critical thinkers in this thread - thanks to everyone who posted. So, if I understand this article correctly, the 250 and 500 referenced in this article are new versions of currencies which have already been n existence. I couldn't tell for sure if the recent versions being replaced are both presently being used in the market. Regardless, the bottom line is that they (the old currency) )are presently being used minimally due to reasons of making change for higher valued currencies. As some have pointed out, there may not be a lot to be excited about - at the moment - but in my view, this might be a good sign of what's to come, especially since the newer notes probably have more secure features which would help minimize fraud and money laundering so currencies are exchanged for lengthier periods of time. The positive factual takeaway I get from this is, at least his article is not referring to the release of 100k notes or currencies of even greater amounts; which would certainly be less desirable. I like the timeliness of this article when I combine it from the news of late regarding the decimal places on the CBI website. The latter is a big deal no matter how you look at it. Combining the decimal points to the thousand's position, along with the re-release of the 250 and 500 gives me the impression that the 1's, 5's, 10's fils etc. are on their way - and hopefully soon. When I worked as a mutual fund accountant years ago, I was assigned the task of calculating the NAV (net asset value) number for some of Aetna's domestic mutual funds. The daily stress from the job felt equivalent to being pulled over by a cop - all day long. The pressure was due to the fact that our work had to be completed and ready to be published- by 5:40PM -every day - and the accuracy of our NAV calculatin had to be with-in 1/2 cent. Any error in the calculation greater than that counted as a pricing error. To minimize the chance of error, a minimum or 32 excel spreadsheets were needed to calculate an accurate number for the $100 million -$100 billion plus-sized mutual funds. The important part of all of this, is that our calculations went to a minimum of 5 decimal places - and the accuracy of all 5 decimal places had to be checked off and verified by 2 managers throughout the day - daily - before the NAV was submitted to publication in newspapers around the world. i suspect that there is a lot more going on behind the scenes with the combination of the 3 decimal places and the new.currncies mentioned above - and I am more than hopeful - that we may see this go international this month; if for nothing else, completing year end accounting analysis would be a lot simpler twhen compared to analyzing a new rate for a lengthier period of time (such as first quarter.)
  33. 31 points
    Morning morning morning!!! Let’s hop right into it, shall we? Yes, we shall! In case you missed the last week of Iraqi news, here’s where we are: Iraq, in a rare move that surprised many and left a lot of jaws on the ground, appointed a President (Barham Salih) and the newly anointed one promptly gave us a new Prime Minister, Adil Abdul Mahdi. I know, I know… TWO accomplishments in one swift move? In the same week!? There’s a couple words we’ve been dying to hear… “swift” and “accomplishment”! Believe it or not, it happened, and we’re off to the races. Before I go into my thoughts and analysis on the new landscape, let’s remember what this really comes down to… OIL. For us to profit off of a rise in value on the currency of Iraq, they must raise the exchange rate. This is a very simple concept - it is a simple matter of market manipulation and if it benefits them and is feasible - they will do it. When the value of IQD plummeted, that was at a time when there was no faith in Iraq’s ability to cover it’s debt. Iraq was a country torn by war, confusion, chaos… it had no leader, it had no way to act as a sovereign nation. Iraq was placed under Chapter 7 by the United Nations, rendered incapable of operating a full military, helpless and dependent on outside help. Without means of protecting themselves, they could not possibly take advantage of their natural resources. They did not have any strength, and they had to go the long road of rebuilding not only their country, but rebuilding the world’s confidence in their ability to buy back their currency and deliver on their contracts. A revaluation of their currency was a long shot in 2008, but it was certainly possible. Now, in 2018, it’s much less of a long shot. In fact, with the complete passage of the HCL, it’s almost a certainty. Back to the present situation: According to the Iraqi Constitution, the new PM has exactly 30 days from taking the role to seat/appoint/select the new GOI. For those of you new to the discussion, that means nothing… if it takes longer than 30 days, nobody is getting hanged, tarred and feathered, or anything else. I expect to see the job 80% done inside the “mandatory” 30 days… … but that 80% is probably enough for the job we need done. We’re looking at a very clear trend. We can trace this all the way back to former Prime Minister Abadi’s assumption of his role as former Prime Minister. He had heavy resistance, but with the support and backing of a (slight) majority of the PTB, he was able to take charge and for quite some time made impressive progress on many things that have propped up Iraq, making it a more stable country than it has been in many decades. Follow recent history over the last couple years, glance at the recent elections, then compare them to the elections that were held over 10 years ago when many Iraqi Dinar holders first heard that there was an opportunity for the Dinar to regain it’s former value… OH. WHAT. A. DIFFERENCE! The recent elections were held, they took their time sorting the votes, and there was no major drama or setbacks. A President was appointed, then a Prime Minister, and STILL no significant upsets or shocking news. Do you see what this says about Iraq? It says that they have control of their systems. They didn’t have to call for help on anything. And that is EXACTLY what we want to see, what the world wants to see, in order to support a revaluation on their currency. This brings us to the present moment, where PM Mahdi is tasked with the job of forming the government. A strong key to the future value of Iraqi Dinar is, as I mentioned earlier, OIL. You know I like to save the good stuff for last! Oh, did I mention that incoming Prime Minister Abdul Mahdi served as OIL MINISTER between 2014 and 2016? That’s right… and he was placed there under Abadi, back when it was Abadi’s job to form the GOI. Even before that, Mahdi was Finance Minister under Allawi back in 2004. This new Prime Minister may not be everyone’s favorite… but he has some very serious credentials, and I think he’s going to play very nice with all of the important people in this process. New President, New PM, solid progress already happening. These events are not random. The people leading the current charge were not pulled out of a hat. I mentioned in a recent update that I feel the “President” is mostly a figurehead, and that’s still my opinion. I’m not going to risk the wrath of President Salih… ah, screw it… he’s a sock puppet. Who am I kidding?! Sorry everyone, I was getting off track and enjoying myself a little much there I’ll get back to the point. This recent election is a ROARING success for Iraq. We have a new President. That issue is settled. The new President picked and named a uniquely qualified Prime Minister so fast that some members here have reported feeling the effects of whiplash. Said new Prime Minister is already showing how capable he is by moving with impressive speed in forming their new government. If this keeps up, we’re looking at progress like we’ve never seen before - the HCL is going to be upon us before we even realize it, and if you aren’t watching for that RV text from me, you might miss it! With all this going on, you can bet I’m redoubling my work behind the scenes to be sure we’re ready for it. I don’t know when that text message will go out, but I’m ready at a moment’s notice… are you? Our VIP group closes to new members IMMEDIATELY on announcement of a revaluation in the exchange rate of the Iraqi dinar. You can join here: Just one question from the members this week, and it's a good one: @Synopsis, that is indeed a doozie! I'm glad you linked to the specific post that got you thinking about that. Reading the following articles, and then your post further down that page, is certainly thought provoking. My opinion - there is some meat there. There are also several workarounds, so I won't settle on that being a key factor... but the thought of Shabibi being reintroduced as a key player doesn't turn me off at all! It will be interesting to see if his name comes up in this critical 30 days we are wading through right now. Excellent post, and thanks for sharing your thoughts! In the Crypto forum... is Bitcoin ready to bounce? In the weekly lotto pool... I'm in, are you? That's my "short" summary and thoughts for this morning. Leave your feedback and comments below. GOOOOO RRRVVVVVVV!!!!!
  34. 30 points
    Happy Wednesday all! Just a quick update here to get us through the week. I'll have more this weekend, and possibly a special VIP post. We are just about through Ramadan, and this holiday has been a busy one. Historically, nothing significant has happened during Ramadan. To be more to the point, nothing at all usually happens during Ramadan... that has not been the case! I won't get into the "list" this morning, but Iraq has been very productive. Things are advancing! Speaking of productive, HUGE shout out to our very own, one and only, Master Yota! @yota691 crossed the 100k mark for posts on the forums. What an incredible number! Our dear friend's contribution to this community is unparalleled, and our gratitude can't be adequately expressed... @yota691, we all owe you a huge round of applause and drinks are definitely on me the first chance we get! Thank you, thank you, thank you! 🙇‍♂️ Feel free to pop over and congratulate him on the incredible milestone in this thread (hurry up before he locks it again ). Back to Iraq.... Ramadan is over around the 4th of June (it's different for some areas). Eid al fitr follows - here's a short description, for those unfamiliar: Eid al Fitr 2019 will be celebrated on Tuesday, 4th of June 2019. This is the tentative date as the actual date is contingent on the sighting of the moon of Shawwal, the 10th month in the Islamic calendar. Eid ul Fitr is celebrated on the 1st of Shawwal, after the month of Ramadan 2019. The month of Ramadan culminates with the festive occasion of Eid al Fitr as Muslims thank Allah (SWT), celebrating the festival with religious fervor. The month of Ramadan is full of celebration, joy and festivity as the Muslims immerse themselves in reading the Quran and Duas and spending maximum time doing Dhikr. The Muslims fast the whole month as it teaches them the true meaning of perseverance and tolerance while being empathetic towards the poor and needy. At the end of the month, the Muslims are rewarded with the festival of Eid al Fitr. It is important to note that it is highly forbidden to fast on the day of Eid. Each country’s celebrations vary as there is an influence of their traditions. Muslims all over the world celebrate the festival of Eid al Fitr by starting the day with the Eid prayer. After the Eid prayers, people greet each other with the customary Eid greetings, Eid Mubarak with a formal embrace, three times. Then, a sweet dish is mostly made in Muslim households and eaten in happiness. The day is spent with friends and family as they get together indulging in eating and handing out Eidi (gifts given to kids on Eid, usually money). Everyone gets new clothes made for the special occasion because every single person wants to look his/her best. The festival revolves around the theme of togetherness and happiness.Thus, this Eid is considered to be an occasion of immense rejoice. In essence, Muslims celebrate the blessings bestowed upon them by Allah (SWT) and thank Him. Credit: The bottom line for us is pretty simple... once Ramadan is over, there is a short following holiday, and then it's "game on" for government and we are officially ready for big things. OIL - saw a little dip, but still stable and trending solid. No worries there. I'll have more this weekend, so I'll wrap this up for now. But first - BITCOIN. Are you still ignoring this? If so... your loss. It's not going anywhere. Blockchain is here to stay, BTC is rocking, and this thread in the VIP section is a great read: Also, this one: Don't discount the importance of South Korea when it comes to digital money! Here's another one that might have caught your attention, if you're into profits like this: Don't forget to enter our weekly Lotto Pool! That's all for now.
  35. 30 points
    Now that we have all those zero's will someone please move decimal to the left
  36. 30 points
    Good morning good morning good morning! It's another beautiful day full of blessings and love, and also a short update. In the news... not much. It's Ramadan. Oil is still strong above $60. Remember I said months ago that $60 was the target? Target reached, stability is being proven on a daily basis, and that is perfect. Any huge spikes or drops would be bad. OIL is solid right now... even with some tensions in the Middle East. This is exactly what we want. @bostonangler finally gives credit where it's due and recognizes Obama is still hurting the economy. Bitcoin breaks $8000, and the other coins are following. XRP had a nice boost - are you getting all the crypto news you need? We have a section in VIP dedicated to cryptos, and there are profits to be made! (One good trade with a tiny bit invested will more than pay for a Lifetime VIP membership... kind of a no-brainer, isn't it?) Bitcoin, and cryptos in general, are high on my "watch list". The high of over 19k last year was a little premature, and the resulting decline in value was to be expected. The current price of $8000 is very justified, and we may be watching the last time it will ever be this cheap. That's not to say that it won't fluctuate! Of course it will... but my opinion is that it will continue to trend up. I'm HODLing. Before I head off this morning, be sure to enter the Lotto pool! You can't win if you don't play, you know! And on that note, I'm going to go buy my own ticket to enter into the pool, and I'll be sure to tell the cashier to give me the winning numbers. Thank me later. Happy Wednesday everyone! It's definitely Ramadan, but I'm still keeping an eye on things. The current situation is just too close to ignore the possibility that things can happen this year despite the normal holiday lull. GOOO RRRRVVVVV!!!!
  37. 30 points
    More GOOD news. Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency. Go RV sooner than later Go $1:1
  38. 30 points
    "On the internet" The rest of the story is this... one of our members here sent it to me and requested anonymity. I was struggling with how to get it shared to the group here without giving credit to the artist, and while I was trying to embed it into a hidden thread @Markinsa made me aware that it wasn't hidden as well as I thought My entire office got a kick out of it, I've been jamming to it since it landed in my inbox, and I hope you all enjoy it as well. Go RV!!!!
  39. 30 points
  40. 30 points
    Good afternoon everyone! The landscape in Iraq is changing faster than ever these last few weeks. I'm still placing a lot of weight on the overall oil situation, which should not come as a surprise. HCL is about oil. Iraq's wealth is backed by oil. Iraq's history as a wealthy nation is OIL. Iraq still has... oil. It's only the last decade or so that Iraq has not been a wealthy nation, and it's my firm belief that they will return to that prosperity. They have been working their way back for some time now, and 15 years may seem like a long time to some, but let's take a look at the bigger picture. Imagine the history books, as written 100 years from now. "In 2003, the country of Iraq went backwards. Their currency (IQD) plummeted from 3X the value of the USD to mere pennies on the dollar. Their government and political system was in shambles and they were under extreme scrutiny from the outside world, the United Nations, and more. Despite these setbacks and challenges, the people of Iraq were determined to regain their former position in the world. With some deft political moves and shrewd business practices, Iraq revalued their currency in the year 2019. It was a move that shocked the markets but also stimulated the global economy... " When you look at the big picture, 15 years is a tiny window. It's a blip in history, and if you zoom out far enough, you barely even notice it on the timeline. With that said, I've been noticing some trends and I may be moving the weekly update to a different day. I'll let you know when I make that decision. Back to the current situation - it was only a couple weeks ago that we were talking about oil looking for $60 as a benchmark. We are hovering just above $50, but looking at the charts gives me a pretty nice feeling. I have painstakingly outlined what I'm looking for below: Ok, I guess it wasn't exactly hours of technical analysis But you get the idea! While we're waiting for that chart to materialize in real time, it stands to reason that we're going to see a bit of ping-pong in the news. The Budget is one such ping pong item, with the following encouraging bit: There seems to be an agreement on what the Kurds will be getting, and it's a bit higher than what they were arguing about a few years ago. Related: The fact that Baghdad is raising the ante for the Kurds could easily be telling us that they are getting a little looser with their wallets. If they were headed for a LOP, would they do that? I don't think so! That's the current mid-week briefing. Weekly Questions below: Iraq isn't going to switch to Iranian currency. Check out my detailed TA on oil above! A major conflict involving military action would not be good... let's hope they can play nice for a couple months yet. Good question! Most likely, there will be a few windows. First is going to be the actual RV. We are going to know about that within hours, and there will likely be a lot of confusion. There will be a ton of misinformation flying around, 800 number scams, and all kinds of traps. Those of you in the VIP group will get urgent updates on which banks are actively exchanging, which banks have actual de la rue machines on site, etc. I don't expect all banks to be operating at the same speed, so we may have locations for exchange on Day 1 in Houston, Los Angeles, and New York* (these are examples, NOT ACTUAL EXPECTED LOCATIONS). By Day 2 we may see operations in ten more cities, and it could be a full week before ALL locations with De La Rue machines actively exchanging. So that window right there is, by itself, "hours to days". Our VIP group will certainly be in the door before the general public, and I will be sending verified information out as it comes available. Long time no see! You are correct, things are still pretty much third world over there... but no more so than when their currency was 3X the USD. We're on the right track. Ok everyone! That's it for this afternoon... stay positive, and GOOO RRRRVVVVV!!!! - Adam P.S. New VIP post up!
  41. 30 points
    This thread has taken a nose dive - any chance we can get back to the issues of delete the zeros instead of arguing over religion. All religion is evil in my book and all religions have caused atrocities throughout today and history. I believe in GOD but I say stick religion where the sun don't shine
  42. 30 points
    Today at 13:30 2018/7/31 10:02:43 AM Parliamentarians and economists and the Iraqi street are expected to sign on September 5, the date of announcing the activation of the law of the National Oil Company, which set 10 percent of the sales of oil to put in special funds for distribution to the Iraqis. To abide by the date stipulated by the law, to restore confidence between the street and the government, especially that the law will give each citizen a share of the oil of his country. The law of the National Oil Company includes a clause that the Executive Authority must implement six months after its approval by the Chamber of Deputies. The law entered into force on 17 April last after it was published in the official newspaper. On 5 March, Which gave each Iraqi resident within the country a share of oil deducted 10 percent of total sales. The MP for the province of Basra, Abdul Salam al-Maliki, the government to «respect the date provided by the law, most citizens are convinced that any law benefit from it financially initiated and not work, which will increase internal tension». Maliki said in a statement that «the law is a national achievement distinctive, and almost the best for the Iraqis since 2003, as will give each Iraqi share of the oil of his country in a fair and clear». He stressed that «the provisions of the law can reduce poverty rates and increase the welfare of the citizen and strengthen the national spirit and the sense of equality for all». "This law does not include Iraqis abroad. Therefore, it will be considered an invitation to the return of our children from the expatriates and immigrants. Our country is poor, but the conditions forced citizens to travel, along with the mismanagement and occupation, and resulting in chaos and corruption that led to unsatisfactory results for the people." As for the conflict of law with other laws, Maliki said: "It will not conflict with any other law such as petrodollars or oil licenses and oil investment agreements with foreign companies, because it is a deduction of 10 percent of the proceeds of selling oil in the United Nations Development Fund for Iraq, The transfer of funds to the Central Bank, which will distribute the amounts in the form of shares on behalf of every citizen ». And the quotas of oil-producing provinces, Maliki said that «the budget and in agreement with the Prime Minister granted provinces producing under the Petrodollar 20% will be devoted to the fulfillment of debts or allocations that have not been implemented during the past years with the actual quota of 5 percent for each barrel product, will be allocated service projects to productive provinces and develop their reality Al-Omrani, Al-Khademi and others. " "The National Oil Company has allocated a fund for generations, and the shares in the national company is not bought or sold because it belongs to the citizen, a law that would achieve economic benefit for the Iraqi people," said a member of the former oil and gas committee. The law required the Kurdistan region to hand over the quantities of oil produced in its fields to the national oil marketing company «Sumo», otherwise they will not be given to the residents of the region ». Source: Al Hayat newspaper
  43. 29 points
    Ya - They Just Need To Work On Their Timing A Little Bit !
  44. 29 points
    Ask yourself this question; Why the CBI decided to reduce the proportion of the letter of guarantee provided by the companies to mediate the sale and purchase of foreign currencies to become 10% of the capital company instead of 50% and the amount of 50 million Dinars instead of 100 million dinars? Why the CBI is making it easier for them to participate in the sale and purchase of foreign currencies? I believe if because the dinar will become international trade currency and it will be an excessive amount of currency exchange. Also the new agreement between iraq and Iran to use the dinar to conduct business will increase the demand for dinars and drive the value up. Its coming. Go CBI Go international Go $1:1 Go 2019
  45. 29 points
    Ugh, I'm sorry everyone - today was a doozie! I didn't even have time to enter my lotto numbers... for all of your sake, I hope they wait till next week to declare me the big winner there! The report I wanted to prepare for everyone was going to be much longer than the following, but perhaps that's a blessing for us all. For now, here's my very short overview: The transition to the new GOI is well under way and seems to be going very smooth. Abadi is still chipping away at the list while he has time, and I'll bid him a fairly fond farewell now in case I don't get another chance - Abadi, you didn't give us an RV, but I think you made some great moves and impressive progress in a difficult setting. Hat tip to you, sir. May the next one in your role do even more! During this transition, a lot of things will get clouded. Confused. Some things even forgotten... like this thread that was started over a year ago, regarding OPEC: That link will take you to the most recent news, and you can certainly read all 39+ pages that have been added since then, but let me save you the time. It was not too long ago that the "Oil and Petroleum Exporting Countries" came to an agreement (unanimous, if I recall correctly) to work together on regulating the production of oil, as a sort of "emergency" measure to keep the markets under control in some uncertain times. They all agreed to control their production. They made a big deal out of it. Iraq's position in this agreement is HUGE... mostly because they are barely even mentioned in all 39 of those pages!!! Iraq, with a very significant chunk of the black gold available to us on this planet, somehow slipped through the cracks and didn't even have to raise a hand in agreement with this major agreement that was put in place by some tiny insignificant countries like Saudi Arabia, Kuwait, wait a minute... those are NOT tiny or insignificant! Quite the opposite, in fact - they are major players. Some of the OPEC members have substantially less resources than Iraq. This is important to remember because to this very day, Iraq has not made any promises to abide by the current agreement. This gives them the full ability to stockpile reserves, and flood the market at a moment's notice, which could bring in an enormous pile of cash to use in any way they want. (You know, like... funding an RV.) Keep an eye on that little tidbit! I'll explain in further detail at a later time, as the topic certainly warrants a deeper discussion, but that's a sneak peak at it for now! - Maliki... retired? The news seems to be pointing that way, but exactly what it means is anyone's guess right now. I'm pretty sure Obama is retired as well, but I seem to hear his name more than any active member of our government, and I'd guess Maliki will be just as influential as he has been for the past 4 years. That's not saying much, but it is somewhat of a warning to keep an eye on the snakey little toad for a while yet. I haven't assigned much importance to him for several years, and I still do not, but retired or not... we will still hear his name. Speaking of "names", THIS JUST IN!!!! I am officially more Native American than Elizabeth Warren. Yep! You can call me Walks With Dinar or whatever you want from now on. You should now have an email from the website informing you that a reply was made in this topic - I see you are using gmail (don't worry, nobody else can see that!) so it may be in your "Promotions" or "Updates" tab. Simply "drag" that email into your "Primary" tab to ensure that future emails don't get missed! When I send out "mass communications", I do so from the website here. To those that have chosen to receive them, anyway... you can check your settings here: I'd reccomend everyone check into that section on the website! You at least want to check the first box that says: Be sure to "save" your options when you are done! Sorry it got so late bud! I'll get that email out now, and with any luck I'll have something much more fun to write about in the coming days. I have my eyes on a couple of items, just waiting for them to go public. For now... As always, GOOO RRRRVVVVV!!!!! - Adam
  46. 29 points
    . . . . & when do we arrive at OZ ? 15 years of these “ flying monkeys “ is enough !
  47. 28 points
    I've been waiting all week on a confirmation related to this HCL news... still holding, and it hasn't fallen through yet. 🤞
  48. 28 points
    This is actually very important. Can't bring in all the construction material needed to rebuild the country with out the ports certified safe for international shipping. This will allow huge amounts of money to flow all over the world. Talk about being international THIS IS IT....
  49. 28 points
    University of Ceyhan to host a symposium on the Iraqi currency next Monday Next Monday, the University of Ceyhan will host the economic symposium "The Iraqi Currency", which will be presented by Dr. Hamam Al-Shamma. An official source for "Economy News", "The University of Ceyhan will embrace next Monday the work of the economic dialogue seminar (the Iraqi currency what and what) and cast the international economic expert Hammam al-Shamma." He stressed that "the lecture will be about the importance of enhancing confidence in the Iraqi currency in light of the major challenges facing the global monetary system as a result of the economic war between the major powers." He pointed out that "the workshop will be attended by high-level figures from various quarters."
  50. 28 points
    Happy Wednesday everyone! Today's update is going to be delayed a bit - I just had a couple of interesting items cross my desk that I need to research. I'll edit this post and add below a little later. Hope you're all enjoying the summer! ------------------- // UPDATE BELOW // ----------------------- First, the bad news - I leads on some JUICY HCL news, but I'm not able to verify 100%, so... that will stay in my back pocket for a bit. The good news - I have been able to verify SOME of what I was looking into, and without going too deep - it's related to a post that Yota just put up for us. Here's one piece I found to be very relevant: Here's where my thought process is going, and I am getting more confident in this on a daily basis. Iraq is stillll going over election results from what seems to be ages ago... this is no different than most other election years, except this time there seems to be a LOT less drama, accusations, etc. Sure, there is still a bit of finger pointing... but this is NOTHING like what we've seen in the past. One example that stands out very brightly is the first Maliki vs Abadi race. There was basically kicking and screaming about those results! But at the end of the day, it all cleared up and we were left with Abadi for a few years. IMO that was a great thing! Now... it is being announced that we're maybe a couple weeks from a true resolution and seating of both sides, and despite what would have historically been a time of extreme uncertainty, that's not what I'm seeing and hearing. Quite the opposite, in fact. Given that lack of turmoil, coupled with the above quoted sentences, that gives me confidence that the Kurdish side is going to emerge as very confident in their position, the GOI in general is going to be moving in short order, and some of these HCL rumors I'm hearing are going to be surfacing. That means we're getting close to a real window of opportunity! Stay grounded, because the next couple weeks might just surprise a lot of us. VIP members, I hope you've been patient with cryptos... there was a major run / manipulation on the entire cryptosphere earlier in the year that led to the decline in pricing to where it is now. But with crypto hanging on, and continuing to advance, there's still a GREAT chance that "to the moon" is still on the table! Check out this clip I posted earlier today: We only had a couple weekly Q's. Here they are: No, it did not. HCL at this time - it's completely political. Everything I discussed above is directly related to the delay on the HCL, and that's coming to an end quickly. TG is still around, I think I just beat her to it a couple weeks in a row --------- ---------- ----------- That's it for now friends... Stay tuned, there will be more! I'm excited to see this chapter conclude and see some HCL news in the coming weeks. Can't be far off now!

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