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Showing content with the highest reputation since 03/19/2018 in all areas

  1. 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
  2. 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!
  3. 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
  4. 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
  5. 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.
  6. 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
  7. 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
  8. 36 points
    Afternoon all! It's still Ramadan. The end.
  9. 35 points
    I will not be waiting till a decent hour to push that "send" button! When it's time, it goes. 💥
  10. 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:
  11. 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!
  12. 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. <====
  13. 33 points
    Well today is my Birthday and this is the kind of news that takes the cake, thanks Adam.
  14. 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
  15. 33 points
    Good afternoon all! Headlines everywhere are talking about that coward in Austin – I won’t mention his name, and it annoys me to no end that every media outlet and website around is rushing to publish his name, giving him credit and recognition. People like that should simply be labeled what they are: cowards. “Coward bomber in Austin dead. Thanks to everyone involved in putting an end to Coward’s sick agenda.” End of story. No fame, no recognition, just shame. My thoughts and prayers go out to the families and communities affected. Dinar – OMG the RATE! Google has shown a higher than expected rate multiple times in the last couple weeks. IS THERE SOMETHING GOING ON HERE?! To be blunt – I don’t know for sure. I have contacts that can reach into the GOI and CBI to get answers, and none of them are admitting anything right now. The one place I do NOT have contacts, go figure, is the Google itself. I never even thought I should worry about cultivating anything there, but now I’m rethinking that logic! I’d love to go straight to the horse’s mouth and ask what’s causing these deviations in their shown exchange rate. I will say one thing for certain, however. NONE of the published rates, whether they are on XE, Google, Coinmill, or anywhere else… NONE of them matter until Iraq itself (via the CBI) announces that they are exchanging with foreign countries. Here comes some speculation: The CBI will announce this perhaps a day, maybe 6 hours ahead of the opening bell… but WHICH opening bell? My guess is the one closest to their time zone, with the largest trading capacity in the world – London. Keep in mind that London is 3 hours behind Baghdad, which means 9AM in Baghdad is 6AM in London. Don’t worry, I’m not going to make this too complicated… but the question comes up a LOT: “When will we know?” We have to take into account all major players in the FOREX market. Here are the top 6, in the order of their trading volume and the time it is in each location at 9AM Baghdad time: 1. London – GMT (6AM) 2. NYC – GMT -5 (1AM) 3. Tokyo – GMT +9 (3PM) 4. Singapore – GMT +8 (2PM) 5. Zurich – GMT +2 (8AM) 6. Hong Kong – GMT +8 (2PM) This puts us in the U.S. in a bit of a pickle, and it’s one I’ve discussed with several CEOs that know the finer details. “What happens if the RV is announced at 9AM Baghdad time, but our banks don’t open for another 8 hours? Will that cause a problem for us?” In a word: “No”. It has been explained to me by multiple sources that banking hours are not federally mandated to be “9-5”, and in fact even if a State declares an “emergency situation” that would normally close most banks, our banks in the United States can choose to stay open or not. This also means they can operate 24 hours per day if they choose, or declare a “special situation” and grind through the night on "unusual business hours" to take advantage of a situation like this. We are not the only ones who are anticipating a profit in this venture… the banks are, too. So we can reasonably expect that if we get that call, whether it’s at 1AM or 3PM, we’re going to be looking at a timely process that enables us to cash in, the banks to profit, and business to happen. Back to the rate showing up in different places at different rates… does Google know something we don’t? It’s certainly possible, but there’s probably no way to know for sure. Another important point… there will be no RV without HCL. The timing of this Google rate thing is extremely suspect when you factor in this: They are specifically mentioning HCL being addressed on the 29th – 8 days from now. That’s precisely the kind of window I’d be expecting to allow the major banks and trade centers time to prepare for a massive influx of a new currency! If you're not in VIP when this happens... sucks to be you! And if you ARE in VIP, but didn't go Platinum yet... think about this. Order Platinum right now and you'll have your Certificate by the end of the week. If we have an RV in 8 days, will you really care about the couple bucks you spent? Or will you be more thrilled that you have your Certificate in hand and don't have to wait even a second to use it? Join me in VIP, or convert to Platinum, here: If you're an OSI member, your Platinum upgrade is 50% off. See here: See you in VIP! Here's the weekly Q's: I gave my best speculation up above. Fingers crossed, we are almost there! HCL. All HCL. Only HCL. Everything else is trivial. Let's see something happen on the 29th! I'm not sure exactly what you're referencing, sorry. Hey bud, If you submitted your info correctly in the time frame that was allotted, then it was sent to you. If there was any problems, you would have received a ticket in the support system. I can't personally verify that, but I don't believe any Iraqi banks are active at this time. That could change in the next 5 minutes though. ================== That's it for now... I'm off to the VIP section to read up on the latest crypto news and share some more information in there. VIPs, expect that post a little later today or in the morning.
  16. 32 points 8 | Currency and Price Stability The government’s monetary policy since 2003 has focused on maintaining price stability and exchange rate predictability. The inflation has remained in the low since 2010. According to the CBI, the inflation rate is 1.4% (2015 estimates), while the World Bank estimates 2015 at -1.2%, and the country’s international reserve volume also has decreased due to the sharp decline in oil prices. The independence of the CBI suffered a setback in January 2011 when former Prime Minister al-Maliki won a court ruling that placed independent institutions, including the CBI, under the control of the cabinet. In January 2012, the CBI raised the exchange rate of the Iraqi dinar to $1.19, causing a huge crisis that led the Supreme Judicial Council to issue an arrest warrant for CBI governor Sinan al-Shabibi in October 2012 on charges of corruption. Al-Shabibi received a seven-year prison sentence in absentia 2014, shortly before being acquitted of all charges. The difference between the official and parallel exchange increased from three percent in 2015 to nine percent in May 2016. The CBI introduced a number of policies to keep inflation low. The dinar remained widely stable and was worth $1.71 in early 2017. This is an excerpt from the 36 page Iraq country repor put out by BertelsmannSiftung regarding Iraq. I thought this might be of interest to anyone who was on the fence about the value of the Iraqi dinar as an investment for the future. I provided a link. I just about Shiite my pants when reading this. I hope you all enjoy the official price valuation provided by this research agency. Your comments are appreciated.
  17. 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
  18. 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.
  19. 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.)
  20. 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!!!!!
  21. 31 points
    Good morning everyone! It’s been a very interesting week, if you ask me! And the coming days should also be interesting. Last week I talked about the upcoming Parliament meeting where we might see the HCL addressed. Check out that update here if you missed it: That Parliament meeting I discussed is set for TOMORROW, Thursday 29th of March. Fingers crossed this might be your LAST chance to get in VIP. Don’t say you weren’t warned! Here’s the link to get in: There is actually a LOT of HCL related news going on right now - too much to even list it all here! We also have the end of Q1 at the end of this month, and we’re in a 15 day window on the Budget. Take a look at this post and the couple following it: SERIOUSLY, FOLKS! This is getting gooooooood VIPs, I posted a thread in the VIP section that's definitely worth reading. If you missed it, please go here: That's it for now, I think the news is really speaking for itself. I'll give you one last encouragement to join us in VIP if you're not already there! Here's the weekly Q's: Keep in mind that the exact opposite happened to every Iraqi in the past - imagine if you woke up one day and every dollar you had was suddenly only worth a penny. How would it affect the economy and your life? With that in mind, we can actually replace "ReValue" with "ReStore", as in Restore the Value to where it was before they lost it due to it being a manipulatable fiat currency. The value of a "dollar" or a "dinar" is an arbitrary thing that has no basis in hard numbers. It's worth exactly what they say it's worth. Yes, there will be a "transition" period, and the price of items on the shelf will change drastically in a very short amount of time. Milk will go from 2000 dinar to 2 dinar, etc etc. AHHHHHH!!!! Don't remind me!!!!! I'm sorry, I don't have the answer to that question right now. I'm sure it will be discussed in the News section (if it's not already). It has not been passed yet, but YES we are on the verge. Very well said. I'm not a rider on the GCR train. =============================== Talk to you soon, everyone! I've got a ton of work to do today.... just in case. - Adam
  22. 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!
  23. 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
  24. 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
  25. 30 points
    Would somebody PLEASE give me a trophy just because I have been here for 10+ years without shoving a knife in my neck???!!! Sooooooo done!! GO RV!!!!
  26. 30 points
    ChuckF, Big Time my friend, couple of people I know are heavily invested ($1 million +) they are buying more. This guys vacation Home here in Hawaii is value in $25 million. They are very well connected in the banking sector....They told me, your working hard days are going to end really soon...... I don't want to spread rumors, just sharing the info I got today With all the latest news plus this info I got today, I'm excited Go CBI Go RV Go $1:1
  27. 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
  28. 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
  29. 29 points
    . . . . & when do we arrive at OZ ? 15 years of these “ flying monkeys “ is enough !
  30. 29 points
    CBI said the money supply is 48 trillion IQD..... 77% of that is 36.9 trillion IQD CBI reserves 48.9 billion dollars plus 7% growth in 2017...... $52.3 billion dollars 48 trillion IQD/1182 = $40.6 billion dollars $52.3 Billions reserves ..... $40.6 billions money supply They have enough money to easily revalue to $1:1 Go CBI Go NMP Go RV Go $1:1
  31. 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. 🤞
  32. 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....
  33. 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."
  34. 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!
  35. 28 points
    Try To Hurry A Little Bit - We’re Not Used To Delays In This Investment !
  36. 28 points
    Hey DV! Forewarning... I don't usually get this deep in the weekly updates. Proceed with caution. What an interesting morning... Early this A.M. the news was all about Trump and missiles, and that caught my attention. Then they talked about Paul Ryan not running again. I knew that almost a year ago, so IMO this is a non-issue, yet it's a "major announcement" . The next story was about Mark Zuckerberg . A couple hours later, and even right now, there is barely a peep about the Middle East. I'm watching an interview with Speaker Ryan talking about nothing specific and nothing really "major" for sure. In a minute, the channel is going to switch back to Zuckerberg... Are people really more concerned about how Facebook operates than they are about missiles? Yes. Yes, they are. And Zuckerberg is more fascinating than missiles to Syria. Here comes the tinfoil hat: If there has ever been a bigger distraction, a bigger display of what manipulates the public opinion, I may have missed it. All of you who know me, or followed me for a while, you all know I stay away from the tinfoil hat arena. But the news this morning has me shaking my head and wondering, seriously, WHAT EXACTLY is this current distraction about? Because it is DEFINITELY a distraction that we are witnessing! When you signed up for Facebook, you agreed that your information is their property. Everything you post, share, say... they have legal rights to it. There is no need for a fake "congressional hearing" on this topic. The whole thing is a farce. Facebook isn't a matter for congress, yet our "newsfeed" is smothered by it. This is either the most ingenious business move ever in the history of business, or it's a calculated distraction. President Trump sending missiles to Syria... THAT is worth talking about. That has a direct impact (pun intended) on our interests, which lie in the Middle East. Maybe the coming financial shift will be the Dinar, or maybe the Dinar will be a small sidenote in the story that's developing. None of us knows for sure how this will play out, but I'm positive that the Dinar is going to go UP, and that's why I'm still here. You sre probably here for the same reason. The bottom line for IQD is this - nothing is going to happen while there's a serious chance of complete mayhem in the Middle East, so the Syria deal is important. I don't think this is going to last a LONG time, but we're definitely on "hold" for the next week due to the story that the media isn't currently covering... and that may end up being a great thing for us. We'll see how it plays out. I'll answer the weekly Q's later in this thread, but I wanted to get these thoughts out to you all before the day got away from me.
  37. 28 points
    48 Electronic Commitment And the amount of their deposits and cash withdrawals so that coordination with the security control to allow the entry of the bank's authorized And wheels. C- Banks should open windows to replace damaged and damaged banknotes to the public and hand them over to this bank and its branches, And promoting the circulation of small denomination banknotes. (9-5) Bank Center: Al-Rasheed Street, Baghdad, Iraq CBI Head Office: - Al-Rasheed St, Baghdad Iraq..
  38. 27 points
    Good morning everyone! I think at this point... I officially give up trying to move the weekly updates to Friday. Or Thursday. So I'm going to officially move them to Wednesdays for now I'm about to lose my internet, and my laptop battery is at 4%, so this will be a short post. Unless you all see anything different - I'd say things are still pointed the right direction. OIL took a tiny step backwards, but still tracking for a win if my target of $60 is correct. I'll include a super-technical chart analysis below: In addition to what I'm hearing from the other side of the pond, and what my own experience and insights conclude, I still believe that $60 mark is where we want to be headed. Hitting that price, on the current trajectory, is solid evidence of stability in the markets and will be reassuring to the CBI so they can take some bold steps. There is a low rumble off in the distance that sounds like an HCL thunderstorm, so we'll keep an eye on that. And I just hit 2% battery, so I'll get this posted now and rejoin the conversation(s) later. Be well, everyone! - Adam
  39. 27 points
    Iraq, New Iranian Central Bank / New currency map is on its way ? February 19, 1397 - 06:10 The possibility of opening a dinar account of Iranian banks in Iraq and opening branches of one of the largest Iraqi banks in Iran will mark a new chapter in the interactions between the two countries In the past days, Abdel Nasser Hemmati completed one of his most important business trips during the Central Bank's time, according to the Mehr News Agency. A journey where important meetings at this historic point of the Iranian economy took place, and of course, the agreements that took place on the fringe, may have provided one of the most unique opportunities to the Iranian banking system, which, if properly implemented and timely implemented, It can be an important and effective step in the field of the Iranian foreign exchange system Accelerating the Iraqi debt repayment system to Iran, the activity of Iranian exporters through Iraqi banks, and the possibility of opening an Iranian bank account with the dinar and the euro, including agreements made with the Iraqi authorities at separate meetings of the head of the Central Bank of the Islamic Republic of Iran. Many banking experts say the deal, along with the importance of time for Iran, will be positive in terms of currency remittances Of course, the success of the implementation of these agreements necessarily involves the political will of the two sides to timely and in accordance with the agreements reached, in particular, that Iraq has for months been the first Iranian trading partner and has the largest exports Non-oil Iran. In addition, at least in the last few months, Iraq has been able to influence the foreign exchange market with its foreign exchange markets Herat and Sulaimaniyah Iraq, the new role of the Iranian currency system Majid Shakeri, an economic analyst in an interview with Mehr News Agency , referring to the visit of Iraqi Central Bank Director Abdul Nasser Hemmati to Iraq, said that the trip was both the most important and positive in terms of the content of the Hawala Of foreign currencies this year. In addition, Iraq is a very important country in Iran's foreign exchange map and is considered to be the most important export destination of Iran in recent months He added that the Sulaimaniyah market is a bazaar related to Istanbul, Herat and Dubai, and thus has a serious impact on the cash market of Tehran, while considering the demographic situation in Iraq, the access of currency to the Central European and South American countries It is found in this country Shakeri believes that among the countries that have successfully succeeded in converting their currency into dollars, Iraq has the best conditions for security cooperation with Iran and has the most consistent security interests with Iran, which is why Iraq has a very important point for Iran. Including the results of the visit of the Chief of the Central Bank to Iraq, subject to the implementation of the agreement, is an appropriate access to the facilities; in addition to all the cases, such as opening an account of Iraqi companies in Iran, opening an account for Iranian banks in this country. And the opening of dinar accounts is also very important Shakeri said that if the dinar was a currency such as the Indian Rupee and the Russian ruble, this trip could not be very effective, but the dinar is very strong due to Iraqi foreign exchange earnings, and because of the interplay between these incomes and the interests of American companies, in the long run, the problem No special occasions Why is foreign exchange agreements important with Iraq? He stated that the status of Iraq is very important, saying that the news out of the agreements shows that all actions have been in line with the purpose and the real work; the time of the agreement is also important, because in the second half of the avalanche and March because the market is more or less dormant, it is a good condition for implementation of these policies. Moreover, if these agreements are well implemented, it will be possible before the next year's payment system will be deployed in May. , Use this system appropriately Shakeri said that Iraq has other positive points for us, and that those populations in the south and north of the country, said that their respective textures are on the Iranian border, allowing the offices to be completely disconnected, similar to those between Tehran And Dubai exists for the Iranian and Iraqi side; while the border between Iran and Iraq is in a way that corresponds to the availability of money transfer with banknote access and reduces the sanction of the settlement unit The expert in economic affairs, arguing that the gender segregation of US interests with a part of Iraqi society is such that Americans can not isolate a bank in Iraq for cooperation with Iran, stated: "It seems that the head of the central bank and The country's foreign currency team has been pre-contemplated in terms of prioritization of the previous program, but along with all of these, what makes the security attachment necessary to get a good financial result in order to make Iran a good financial result, Iran's security implications West Asia and helping Iraq during ISIL's invasion Iraq agreement; more effective replacement of INSTEX He stated: "The sum of these conditions says that, in contrast to the concept that the Europeans put forward, and in line with that, Iran must deal with the security gains in West Asia and receive direct access to the euro against it, a new concept can be born." Which lies on the resistance axis, which has had security and military layers to this day Shakeri said that this concept is technically more powerful, more credible, and more in line with Iran's security conditions, so that the access that Iraq opens to us does not solve all the problems, but it does not solve a significant part of the problems with approximation. Well, it can be solved on condition that it is executed How effective is Iran-Iraq exchange agreement? Sayed Kumal Seyyed Ali, a former deputy foreign currency deputy of the Central Bank, said in a conversation with Mehr correspondent about the change in Iran's foreign exchange map and recent agreements with Iraq, saying: "Certainly, because these agreements have been signed by the head of the Central Bank, the current situation The country's currency is included in terms of sanctions Accordingly, what is happening is that when the two sides work with local money, they set off their sanctions, but they must also consider the dinar's use of the country; in other words, if a Iraqi exports goods to Iran, and we want to give it the money from the purchase of goods, we can pay the dinar at the disposal of the receivables, or if we export and they want local currency to us Give it, it's possible Seyed Ali said that Iraqi exports to Iran and Iran should be compared to Iraq so that the two sides can settle this money, but the important thing in these agreements is that if the dinar we obtain at the right rate becomes International currencies will be of benefit to bothers and can be important for exporters because they reduce costs He said: if Iranian banks and individuals have a euro account in order to receive the dinars they receive for selling their goods, they will be able to convert to the bank, which they account for, into dollars, dollars and euros, the benefits will be much higher; The agreement concluded by the head of the central bank also states that Iranian exporters can use this mechanism Seyed Ali noted RED that the actions taken by the Central Bank in Iraq, if executed and the possibility of converting the dinar into global currencies, is a good and big job and should provide a land that would convert the dinars resulting from exports to the country. Other currencies and, through that, provided part of the country's currency needs He said: "Monetary treaties will be activated when both parties can use common currencies to maximize their profitsعراق-نقش-آفرین-جدیدنظام-ارزی-ایران-آیا-نقشه-ارزی-جدید-در-راه
  40. 26 points
    I like Breitling because he's a "just the facts" kind of guy and I therefore respect what he has to say. He said earlier this year that he thinks if oil prices continue to stay low (and he didn't say how long but he did mention months), it will put pressure on Iraq to RV because that's one of the few ways they can make up the shortfall. Recently, he posted an audio where he quoted the Wall Street Journal as saying Iraq needs $55/barrel to breakeven and anything below that means they're losing moning. As I write this, oil is at $46 - so today, Iraq is losing $9/barrel. And of course, Iraq doesn't just want to get to $55, they want it to be much higher than because the higher it is, the more money Iraq makes. Since 90% of Iraq's economy is based on oil, this is getting pretty serious for Iraq. Below, investment adviser Lance Roberts presents his reasons why he believes oil prices will remain low. If Breitling is correct that lower oil prices will put pressure on Iraq to RV to make up the shortfall (and I believe he is), Robert's belief that oil prices will remain low is really good news for us in terms pressuring Iraq to RV sooner rather than later. GOOOOOOO RV! Why The Secular Bear Market In Oil Prices Remains In 2013, I began warning about the risk to oil prices due to the ongoing imbalances between global supply and demand. Those warnings fell on deaf ears as it was believed that “oil prices could only go higher from here.” It didn’t take long for those predictions to play out. In May of 2014, I wrote: Of course, as with all things, particularly when it comes to commodities, it doesn’t take long for speculation to once again grab hold and drive prices higher in the short-term despite the long-term fundamental problems which still exist. In September of 2017, I wrote a piece reviewing those fundamentals. The conclusion was not what most were hoping for. Well, here we are wrapping up 2018 and the prices of both energy-related shares and oil have been disappointing. The expected decline in oil prices is more important than just the relative decline in share prices of energy-related stocks. As I wrote previously, energy prices are highly correlated to economic activity. To wit: Since then, the price of oil has declined further as economic weakness continues to gain traction globally. Despite the occasional rally, it’s hard to see the outlook for oil is encouraging on both fundamental and technical levels. The charts for WTI remain bearish, while the fundamentals remain basically “Economics 101: too much supply, too little demand.” The parallel with 2014 is there if you want to see it.
  41. 26 points
    I was just about to say the timing of this publication will be very important, and BAM! Yota comes storming in!
  42. 26 points
    Accession of Iraq to the International Organization of Securities Commissions Updated 27/01/2019 10:16 AM BAGHDAD / JASIM KARIM AL-TAI / / The head of the Securities Commission, Alaa Abdul Hussein Al-Saadi, revealed that Iraq guarantees to the International Organization of Securities Commissions. Stressing that this step will contribute to attract investors to Iraq. Al-Saadi said in a statement singled out by the Jordanian Securities Agency that the Securities Commission yesterday received a letter from the International Organization of Securities Commissions on the acceptance of the Council of the Organization of the accession of Iraq as a member of the participant starting from January 2019. The letter of acceptance included the invitation to Iraq to participate in the work The annual meeting of heads of securities bodies to be held next May in Australia. He added that the process of joining the membership of this organization will allow Iraq to join the World Market and emerging markets. "The process of joining the International Organization of Securities Commissions (IOSCO) requires many years, but our Commission has been able to complete the special requirements for a few months membership. Saadi said that the accession process will contribute to the process of strengthening Iraq's economic status, which helps to attract investors in securities, which will support the macroeconomic of Iraq.
  43. 26 points
    Oil parliamentary: Oil and gas law will see the light soon Saturday 19 January 2019 41 Baghdad / Shaima Rashid The Committee on Oil and Gas parliamentary, keen to pass the important laws of interest to the country, especially the oil and gas law, which was and is still the subject of controversy among the political circles and that passing this law will solve many problems between the center and the region. Member of the Committee on Oil MP Faleh al-Khazali, Is ready to pass laws that are important to them even if there is controversy as the law of oil and gas because it is keen on the interest of the country first. He said Khazali in a statement to the "morning": "We are in this session are keen to be distinct from the previous sessions and the political agreement can not pass some Laws, especially law For the oil and gas that was returned to the government with many laws and pending the return to parliament. " He added that "the law of oil and gas, which is the subject of controversy and disagreement between political forces, but in its legislation solve many of the problems between the center and the region on oil and gas and others," noting that "the law was a modified version of the previous government, but all the laws were returned to the current government - more than 110 laws - in the hope that the government to restore them in line with the government program, "noting that" return is subject to the government on the grounds that the law has a financial burden, but if he reached the parliament can pass. "He added that" An important law is the National Oil Companies Act In which important items on the grounds that it is a national wealth, including the fund generations and the Fund citizens.النفط-النيابية-قانون-النفط-والغاز-سيرى-النور-قريبا
  44. 26 points
    I Had Read That Drinking May Be Hazardous To Ur Health ! That’s Why My New Years Resolution Was To Cut Back On My Reading ...
  45. 26 points
    Afternoon, all! First things first - the Mega Millions opportunity has been snagged up by some lucky duck already, but there's still a decent amount of money to be won in the Powerball drawing tonight. Get in there with us! Here's the link: Now onto the important stuff - Iraqi dinar. This one will be short and sweet, just the way some of you like it! There have been times in the past where I mentioned that we have a "couple weeks" or some other amount of time where I definitely didn't see anything happening. Now is not that time... Anything can happen right now. The only issue I see right now is the final seating of the new members, and you can follow along on the latest here: It is a REALLY good feeling to be able to say the "only thing" holding us up is a finalization of the new GOI, which is proceeding very smoothly! I'm going to withhold further comments for now, and just keep an eye on the progress. I hate to say this, but I doubt much will come of that situation. It will most likely get swept under the rug, or something will happen to make people forget about it, and in a couple of weeks or months, it is going to be "old news". I don't mean to be insensitive. Personally, I find the whole situation appalling and disgusting, but my feelings do not impact the reality of the situation. My thoughts and prayers go out to his family, and I hope there are some repercussions for those responsible, but I don't think there will be. That's certainly something to consider, but also consider this... the average person who receives a windfall, lottery winning, or anything like that, will not suddenly have financial intelligence. This is why almost 70% of lottery winners are broke within 3-5 years! The truth is that an Iraqi Dinar revaluation will have an impact on many lives, but most of it will be short lived and most people who benefit will be back to square 1 in short time. The economy will receive a great boost, and that will have a lasting positive effect, but MOST people will not retain or grow their financial gain. Serious Tip! If you don't want to be one of those statistics, get in VIP here at dinarvets. It will most likely be the BEST $49 you ever spent on the Dinar, and you're going to get your money's worth out of it - guaranteed. Wouldn't you know it, the batteries on my crystal ball JUST died! I'll scour the interwebs for a replacement and get back to you. hey BKD, thanks for the question! That's a fairly detailed subject that has been discussed at length here. Have you read my book RV Intel? I'm guessing not, and I would encourage you to grab a copy! It will clear up all of those questions for you. The BEST investment you can make is into your own education! RV Intel is a short read and has tons of praise and great reviews. VIP members get it here: Everyone else get it here: hey gta1218! Congrats on your first question, and welcome to the forums! I don't put ANY value on the timelines that Iraq releases. They will never give us a solid answer on when, if, or how they are going to RV. That's it for now - like I said, short and sweet! I'll be around if you need me, watching and waiting for this to pop. Fingers crossed!
  46. 26 points
    Good morning and HAPPY HUMP DAY! Today's update is going to be short and sweet, you all know I don't like to use 100 words if 10 will suffice! Short update: October 2nd is a critical date. If you want to just take my word for it, carry on about your life and wait for my email, you can go now. Longer version: (**WARNING! Tin foil hat zone ahead. Proceed with caution!**) We're still slogging through the election/appointment process. I said weeks ago that this wasn't going to be a fast process, but we're nearing the end of it. You'll notice I just added the term "appointment" to the election situation... that's another thing I have been talking about for the last couple months. They made a big deal of "counting and recounting" the "votes", they came to within a very small percentage of accuracy on the ballot totals, so it should have been a no-brainer who the winners were, correct? Ah-ha, nope! Not in this game, my friends! Iraq calls their process a democracy, but anyone with half a brain knows it's not. Take this article, for example: This isn't bad for us. It might be frustrating and unfair to the Iraqi people, the ones who cast their votes and find out later that their vote really didn't matter... but that's the way the world works, and it's just a bit more obvious in Iraq. The good news is that we're nearing the end of this 3 ring circus of Iraqi "elections". A few "winners" will be announced (selected, appointed, anointed, or whatever you want to call it), and progress will resume. I mentioned that October 2nd is a critical date. Here's why: Parliament is set to vote in a President on that date. I have no opinion or real preference on who gets the job of "Head Puppet", but here's some info on one potential. Keep in mind that the "Presidency" is much less important than the Prime Minister seat, in my opinion. I'll link to an opinion piece from a writer who shares my opinion, I think it's a good read. And with the understanding that the entire process is rigged, I'm really looking forward to the very real possibility of a "*SUDDENLY*" event where Abadi retains his seat and this rocketship gets it's fuse lit! That might have been a lot to take in, so feel free to comment with questions and I'll check back in later to clarify my thoughts. My summary today is simple... we could be a short week or two from seeing major events. I'm looking forward to it! That's it for now, friends.... GO RRRRVVVVVV!!!! - Adam P.S. Remember a little over a year ago, when one of the hot topics on the forum was the threat of Kurdistan separating and causing havoc in this whole situation? Remember I said not to worry about it? My opinion is unchanged. Check out this article: P.P.S. Don't forget to join us in the Weekly Lotto Pool!
  47. 26 points
    Morning all! Couple items to note, and then we move on for the day because the short story is this: Iraq is still plodding through the formation of the new Government. Watching the GOI work could be described as similar to watching grass grow, although with the rain I’m getting right now… I think my lawn would win that race! Something to keep in mind, and this is a good thing - as slow as things seem to be moving, Iraq in general has made light years of progress compared to where they were a decade ago. Their processes are greatly improved. The debates are much more structured, not confused and uncertain as they were 5 or 10 years ago. There is an end in sight, so my point here is simple… don’t lose hope, be patient, and let things happen. Those items of note that I mentioned: We all know that “dates” aren’t worth a hill of beans in the world of IQD, but we do have the 15th/17th to look at: Getting back to the basics of what makes Iraq a solid candidate for ReValuation, don’t forget that they are RICH with Black Gold… OIL. The world runs on that stuff, Iraq has a ton of it, which means they have intrinsic value that cannot be denied. The CBI has announced that they are also adding to their “other” Gold, to the tune of an additional 6.5 tons. I’ll save you the trouble of doing the math… 6.5 tons = 208,000 ounces. Gold is about $1200 per ounce right now, so that’s a value of $249,600,000. (Obviously a little less due to wholesale value, but it’s a lot of money!) Not too shabby of a report for the day, and it shows increasing strength. Good stuff! While the GOI formation is dragging on, Abadi continues to be a positive factor. No matter who is “named” the next President, I think he will continue to be a driving force in the next phases of Iraq’s development and return to their former status. Make no mistake about this - Iraq suffered a huge setback with Saddam. They have had a long road to make it this far, and the next steps for them should be pretty apparent to anyone that isn’t a complete pessimist. Just a couple more notes and I’m out of here for now! You probably noticed some changes on the “look” of the forums here - these are not security issues, they are simply theme complications that are being worked through. The latest security updates on the forum software conflicted with a couple things like the ads that usually run on the site for non-VIP members, and security is more important than ad revenue, so everyone is currently getting an ad-free experience. For now Enjoy it while it lasts, then upgrade to VIP if the ads annoy you when they come back! I’ve seen my name mentioned in some threads regarding rubies (downvotes)... I’m not going to respond to those any more than I already have. A ruby on your post doesn’t affect your bank account or your love life, so just suck it up, buttercup. I didn’t get to check the Weekly Q’s, I’ll do that later… … in the meantime, don’t forget to join the weekly PowerBall Pool! Here’s the link: Talk to you all later, be patient, be positive and GOOO RRRR VVVVVVV!!!!
  48. 26 points
    General about the mechanism of reform of the pay system May 16, 2018 To / participating banks in the project of localization of salaries ( mechanism of reform of the pay system)
  49. 26 points
    The parliamentary law: the adoption of oil and gas law ends the dispute between Baghdad and Erbil 16/4/2018 12:00 am BAGHDAD / Al-Sabah The head of the parliamentary legal committee, Muhsen al-Saadoun, that the adoption of the law of oil and gas contribute to ending the eternal dispute between Baghdad and Erbil, noting that the parliament received more than five drafts of the law during the previous two sessions. Al-Saadoun said in a press statement that "the approval of the oil and gas law contributes to ending the eternal dispute between Baghdad and Erbil and determines the responsibility of each party to manage natural resources." "The House of Representatives failed to interpret Article 112 and 111 of the Constitution, which caused the disruption of the passage of the law, despite its importance," he added, ruling out "finding a final version because of differences on the eligibility of the parties to the conflict." Al-Saadoun pointed out that "the disruption of the oil and gas law caused a major crisis between Baghdad and Arbil has reached the threat of war between them, while the adoption of the law will ensure the legal and constitutional right of each party, whether a province or a territory."
  50. 26 points
    Anyone remember the good old days before Facebook, Instagram and Twitter? When you had to take a photo of your dinner, then get the film developed, then go around to all your friends' houses to show them the picture of your dinner? No? Me neither.

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