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Showing content with the highest reputation since 07/08/2019 in all areas

  1. 69 points
    Howdy DinarVets! Superbowl Sunday is upon us, but that's not why I'm here right now. I mentioned in this week's update that we were expecting a Prime Minister to be named towards the end of this week. Those of you who know me are well aware that I don't give predictions very often... my sources were strong enough on this one that I went against the usual grain and put it out there. Sure enough... as of yesterday, Iraq has a new Prime Minister, and the name is Allawi. I also weighed in that I believed it would be one of the Allawis! That's a solid 2 for 2 on recent predictions, thank you very much! I should quit while I'm ahead, but what fun is that?! I've got one more in me. First, who is this guy that is now Prime Minister of Iraq? From Wikipedia: Here's what I really like about this guy: "...both times he resigned from his position in protest against al-Maliki..." There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources. I would normally avoid quoting anything published on the NYT, but there is truth to this: To be sure we are considering both sides of this new situation, here's another article: Here's what I'll note about that article: 1. "Hundreds" of protesters - not thousands. 2. The protesters, as stated in that article, don't have a person that they would accept. They are just protesting to protest at this point. So, what about my prediction? The one that could get me the coveted Turkey, the Hat Trick, the Trifecta? If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran". and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. A quick note on how this investment plays out - when you are in our VIP group, you are guaranteed to get more in your pocket when you cash in, and more benefits. It's that simple - join us here: GOOOO RRRRRVVVV!!!!! 💰🎶 💵 - Adam
  2. 64 points
    Good evening everyone! It is currently Thursday, 1st of August 2019. I started this yesterday and had a crash on my computer... by the time I got it sorted out, I realized I wanted to go a completely different direction with the update. Then I got swamped with *life* and before I knew it, BAM! A whole day had gone by... I'll just get to the MEAT of it! There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII, August 2, Tiers of Tiers liquidating or being liquid or spilling liquid or... The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once. Except for that garbage about "tiers" being "liquid"... but if the Gurus were getting it ALL right, we'd be in a pretty scary time! The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore. We all know I can't predict the date or the rate, so I won't try... but I'll say this again: It's too hot to ignore right now. Sure hope you're in VIP! The following thread is about to be locked due to exceeding the bajillion post limit... blame @Synopsis and posts like this: Whether you're in VIP or not, now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens! 1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.) 2. NOBODY IS CASHING IN EARLY! I'll send an email to every member of DinarVets, and a text message to VIP members. VIP members will also get extra instructions, to actually get the best rates and the wisest next steps. VIP IS MONEY WELL SPENT. 3. You WILL pay taxes... or face the consequences. If you want to pay the least amount legally possible... I have three letters for you: V. I. P. 4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. I'll inform the VIP members on all of this. 5. DinarVets will remain online, but it may be largely unmoderated... there's a chance that all topics will become "Read Only" while I'm busy working with the VIP members during the first couple weeks. You're going to be tempted to go elsewhere for information... you'll wish you were in VIP, with access to the VIP resources. I'll post as much information as I can, to help the general public, but I won't be able to take my time to monitor or post updates for those that didn't support the site pre-RV. BE CAREFUL OUT THERE. There's more, as always... there is always more. There is very little chance that you will need to cash in immediately, and a very big chance that some guru will be saying you need to. Just be sure to keep a cool head when this goes down. I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time. GOOOO RRRVVVV!!!
  3. 63 points
    Good afternoon, DinarVets peoples! This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now. It might help everyone understand my line of thought by giving a short timeline: Eons ago, an evil force was removed from power in Iraq. The country spiraled into the stone ages, they lost their wealth, and their currency plummeted in value. Sanctions were imposed on Iraq, wars raged. Lots of conspiracy theories to discuss there, but let's stay focused Through years of hard work and slow progress, the major sanctions were lifted (Chapter 7), and Iraq rebuilt it's government. Iraq's currency has also regained value. Make no mistake - going from 4000:1 to 1190:1 is nothing to scoff at! As Iraq has continued to improve on it's situation, they have gone through various leaders... Maliki probably being the worst, Abadi the best. Mahdi had a chance, but... ... on October 1, 2019, the Iraqi people (middle eastern millennials, mostly) basically revolted against Mahdi and the current GOI, and - - shortly after the rioting began, Mahdi resigned his position. Note: he is still acting as Prime Minister until a new PostTurtle is selected. That brings us to the present day, so let's put it all into perspective. We just walked through a 16 year story with very little detail. The small details that fell by the wayside through that timeline simply don't matter once we cash in, do they? No, they don't. When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press... it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! - Adam
  4. 60 points
    It's 9/11/19... never forget. I have an update, but it won't be posted till tomorrow. In the meantime... ================ Good morning all! 12 September, 2019 as I'm editing this post. September 11 is always a tough day for me personally... Like many of you, I remember exactly where I was. What I felt. How deeply I and my fellow Americans and indeed the world were affected on that day. As important as the Iraqi Dinar RV is to many of us, I simply could not bring myself to post anything other than my heartfelt remembrance yesterday. My heart, prayers, and thoughts will always be with the many who were affected on that day years ago - but today is a new day, and while I/We will never forget... we must move forward. As we move forward, to the present day, where so much has changed and yet so much has not, there is another situation that is taking a lot of my time right now - the devastation left by Hurricane Dorian, particularly in the Bahamas. I've been personally involved with some relief missions over the last week, and I'm continuing to work with a couple of groups that are dedicated to helping the Bahamians long after this current disaster is out of the News. This community has came together in the past to accomplish some amazing things (remember TFYC for Dominica?), and I have confidence that I'll be able to reach out for your support in a couple weeks when I've solidified some things I'm currently working on. Just like our relief efforts for Dominica, I will be personally ensuring that any dollars this group donates will be put to the most efficient possible use, with 0 waste. On to the Dinar! WTI OIL is currently at 54.94 - I don't think I've ever seen an easier chart to read. This is what we call "stabilized": It's been some time since this came up in the news, but I believe it was about 5 months ago I made mention of Saudi Arabia working on playing nice with Iraq again... and what they have to gain by doing so. Saudi Arabia couldn't be bothered to give Iraq the time of day 10 years ago... now, they are changing their tune: Other news that's positive - CBI, IMF, GOI are all active. We are not in one of those vacation-day lulls. Overall, it looks like things should start moving... right in time to hit a mid-September spurt. That's it for now! Stay positive, stay safe, be well everyone, and of course GOOOOO RRRVVVV!!!!! - Adam P.S. It seems fitting to throw one of these in here: Arrrrg!
  5. 57 points
    Good morning, DinarVets! This one took me a bit to write up, and I'll be candid here - it was the most fun I've had writing an update in quite some time! Like many of you, I do fairly frequent "check ins" on my feelings about this investment... and I have questions, just like everyone else. "Is this still worth waiting on? Did the bus turn around and it's time to get off?" An Iraqi RV is not a guarantee, so these are fair questions any sane and intelligent person should ask themselves once in a while. I'm happy to state that today is not the day I'm getting off the bus. In fact, I'm pulling the seatbelt tighter! There was a question posed a couple weeks back about "sterilization". The CBI employs a procedure called "sterilization" as a monetary policy, but that is different than what may have been being asked... which is why I asked for clarification on it. I wanted to go deeper into the topic, but my post on CBI Auctions and the Iraqi Budget was already getting a bit lengthy. As of this morning (Friday 13 March 2020), there is a lot of "sterilization" talk - and most of it is not related to monetary policy, but actual disinfecting. The CoronaVirus is currently causing chaos in the markets, creating instability and fear that is likely to last a bit longer (but not forever), and it's always good to "get back to the basics". You know - a "check in". In these crazy times, are we the crazy ones? Are we crazy for sitting this ride out a little longer? Should we be throwing in the towel, selling all our dinar, and spending all of our money on toilet paper and hand sanitizer? I think the answer lies at least partly in the following subjects, so let's get into it! The topics today are as follows: CBI Auctions, and the Iraqi Budget. Before we do a little bit of a deep dive, I have a couple of opinions that may seem contrary - namely, the Budget and the Auctions, while important to Iraq, will probably never have a significant impact on (when or if) the RV. In spite of that, the seatbelt just got tighter, and my smile got bigger. These are complex topics, I'm going to simplify a little and I'm only covering a few of the aspects, but these are major parts of the topics and therefore a major factor in the size of my current smile. The summary, which you'll understand if you can make it through this entire post, is simple. Despite these scary and crazy times we are living in, Iraq and the Iraqi Dinar still have incredible potential. The rate of a currency is generally set by the countries Central Bank, not the IMF or anyone else. Iraq's rate is set by the CBI (Central Bank of Iraq). Ready? Here we go! CBI Auctions. These are used by the CBI to regulate the money, control the money, maintain the money - specifically, the rate and the amount in circulation. Actually, the CBI is selling USD at the auctions... but this will turn into a 7 hour read if I go too deep into that! It's helpful to understand where Iraq comes up with the USD to sell at the CBI auctions. The short version is this: Iraq's primary source of revenue is OIL. Payments are made in US Dollars, paid to the DFI (Development Fund For Iraq). The USD is then transferred to the Ministry of Finance (MoF), and the MoF sells it to the CBI in exchange for Dinars - the same Dinars that the CBI collected through the Auctions of USD. image source See how that all came full circle? Money in, money out, easy peasy. (This will take us to the Budget later.) (Fun fact! Dollars go to the DFI account rather than directly to the MoF to prevent the money from immediately being confiscated to pay reparation debts... kind of like using an IBC to protect assets.) We can expect the auctions to continue while the Dinar is pegged to the dollar, undervalued, and the circulation needs to be controlled. There are some people who believe the Auctions in Iraq need to stop, and there's good reason for that - few countries have had success with them. For example, South Sudan (who knows where that is?) tried it four times after they devalued. South Sudan, which is known as one of the most underdeveloped nations in the world, and who's primary export is timber. That's no knock on wood, the world needs wood... but wood isn't oil, and South Sudan isn't Iraq. (Sudan and South Sudan don't even make the top 100 in the world for oil reserves.) Iraq is obviously different, both in potential here and in the successful practice of having auctions. Other countries to do currency auctions include Jamaica, Uganda and Sierra Leone. Like South Sudan - none of them are Iraq, and none of them carried Auctions as long as Iraq... in fact, the auctions in those cases were failures. With those examples in mind, of course we'd like to see the currency options stop. And they probably will, at some point. But most likely not until after the RV. Since the auctions aren't stopping, and Iraq is not the same as the countries that failed at auctions... what can we expect during a major rate change? Fantastic question! I'll take a stab at it, using examples to make the point. At the auctions, the CBI operates buy/sell at about a 2% difference, which is an effective start of the spread that will affect every single one of us. If the rate were changed today to 1IQD per 1USD and the IQD returns to the global market (it will, at any significant increase in rate), then we will be trading in at the rate stated by the CBI minus middlemen fees - what it costs to actually get the money through the various institutions and into your account. (This isn't Bitcoin, you know!) If the CBI is using a 2% spread, they will "buy" at .98 and "sell" at 1 per US dollar. I fully expect that to fluctuate, perhaps wildly. They may pay .99 at first to show their confidence, and then lower it to .90 or further. (The bigger the differential, the more beneficial it is to them for the day profits.) They may quickly move to a flat 1:1 "Auction rate" simply to reinforce the rate and show that they are going to ditch the auctions soon - a lot of this is going to depend on the market. It is a business, after all. A 2 cent difference may not seem like much, but bear with me... It is important to understand the spread! I'll keep using the 1:1 number. For example, Iraq announces that the dinar is equal to the US dollar, the CBI is backing it, the IQD goes on the global market, and the rate sustains itself after a short time due to market demand. At this point, a lot changes, but those are different (and much longer) conversations. When we exchange, we are not going to the CBI - we are going to a bank that will trade IQD for dollars (or any currency). That bank will rely on the CBI buy rate first, which means they are getting a max of .98 USD per 1 IQD. Then they have to pay tellers and all their other expenses, so they add their spread on top of that - and this is assuming the bank you use is buying (selling) direct with the CBI. (They won't be.) By the time it gets to you, the CBI may have an advertised rate of $1, but you're only putting .70 in your pocket (before taxes). That "spread", or "cost", is unavoidable. We are not going to get the full "rate". Of course, you will get a better rate (money in your pocket) if you're VIP here at DinarVets, but that's not the point of this. The point is the Auctions will continue, and looking at past auctions - even yesterday's or today's auction - will not give us clues to if Iraq will RV today or tomorrow. (If we could see tomorrow's auction, that would be a different story!) The Auctions are good to see, in Iraq, because they are proof that Iraq is stable, still in business, and functioning. But the CBI Auctions will not give us the RV date until after you get my text message. The Iraqi Budget. The Iraqi Budget is important to Iraq because it defines how they spend money - and yes, it's the same money that was mentioned above, which comes mostly from oil sales. The MoF distributes IQD to each department according to the Budget. The Budget allocates resources to specific departments, based on a percentage of revenue or a fixed amount, and the individual departments spend their portion accordingly - just like giving your kid an allowance. A Budget works the same way in most places, and Iraq is no different. Politicians lobby for their departments, asking for more money always, and this is why a "tripartisan" government is so important and mentioned so much in the current Prime Minister debacle. If a Prime Minister came in and seated all members of one political group, it would be like the US having only Democrats or only Republicans in power. The reason we hear about the Iraqi Budget so much is simple - they are all fighting for money. (Or power, but it's really the same thing.) The reasons I say the Iraqi Budget doesn't matter are pretty simple. You've made it this far, stick with me just a little further! 1. Whether a specific Department (Defense, Education, etc) is on the Iraqi Budget for a percentage or a fixed money amount, there is a dollar/dinar amount that can be assigned to it based on the current price of oil x demand for oil = projected income / department allocation = $ for Department. This is a simple calculation that can be done in 2 minutes on a 1 page presentation. It's literally 2nd grade math. 2. Regardless of any rate change, that dollar amount can be estimated and stay the same with a simple Amendment. Imagine a late night Parliament meeting - called at the last minute after 8PM one night, emergency, mandatory! One item on the agenda - doors are locked, cell phones left outside - the ONE ITEM is this: We are going to raise the rate at midnight provided everyone signs this Budget Amendment. The Budget Amendment, in this case, states that the previous passed Budget is fixed at the old rate and all Departments receive an immediate 10% bonus due to the CBI exchange rate adjustment. The rest of the money that becomes available is held in reserve until further modification of the Budget... EVERY SINGLE POLITICIAN is a hero and has almost unlimited job security at that point. Not one of them loses. It's the biggest slam dunk in Parliament history. Of course they wouldn't magically start to get along, but that's an offer even that bunch of hooligans couldn't screw up. OR: 3. Bypass the late night meeting and just pass a Presidential declaration stating the same. It accomplishes the same thing, and by the time anyone could complain, the rate would have been in effect long enough that it wouldn't matter. The President knows this. The CBI knows it. You know it. I know it. The bottom line here? It doesn't matter what the Budget says, because all the Budget really does is allocate money to departments. The rate, based on the global fiat currency exchange program, controls how many wing dings and knick knacks they can buy with their money because of it's international status... but the Department of Wing Dings is still going to have $X of the Budget, the Department of Knick Knacks still has $X, regardless of the rate, and that's the way it works. Fiat currency isn't an "Iraq" thing - it's a WORLD thing. OIL isn't an Iraq thing. Budgets aren't an Iraq thing. Currency manipulation isn't an Iraq thing. NONE of this is unique to Iraq - all of this is "business as usual", and when Iraq changes their rate, that's what it is - business as usual. Conclusion: There are plenty of good reasons for intelligent people to discuss the Budget and the Auctions. It's important that Iraq continue to be successful in the Auctions, pass their Budget, and continue doing business. While the world demands OIL, those who have it will always have credit. Iraq has proven itself capable of utilizing Auctions as a form of monetary control, and I don't believe their Auctions or Budget are a hindrance to increasing the value of the Dinar. In fact, it looks quite the opposite. And on that note, I say... GOOOOO RRRRVVVVV!!!!!
  6. 54 points
    Good morning good morning!!! We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The abbreviated backstory goes like this: Iraq thrown into dark ages, currency plummets in value. A decade of work later, Iraq is fairly stable and they still have enough black gold to fill a gazillion olympic pools. Corruption remains a problem, citizens tire of the charades, demand change. November 2019, former PM Mahdi resigns. Several unsuitable candidates were presented, we hung in limbo. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. One great example of what's going on in the background - the stuff we don't see on the news - is this thread, where Iran is obviously making a last ditch effort to hold ground. Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face! Another example? The Budget, which was approved-but-held-and-now-this (back on track!). I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need. We are standing by. I'm still expecting some significant reports to come of this development, and while we are watching the news feeds for it to come out - here's a discount on VIP. You WANT to be in VIP because when Iraq changes the value of their currency and we all go cash in - VIP here at DinarVets is going to put more cash in your pocket, help you protect those gains, and much much more. Join us here, and use the code "newPM" to get a 25% discount. I'm going to end this post here, but I'm not going far! GOOOOOO RRRRRRVVVVVV!!!!! - Adam P.S. OSI members, click here. P.P.S. Get in the Powerball Pool here. P.P.P.S. Nice work in Iowa, voters! Here's your result:
  7. 54 points
    Good afternoon and Happy Wednesday! What's going on in DinarLand? That's what we ask every week, and thanks to the amazing newshounds here at DinarVets we're able to keep up on the happenings. HUGE to all of our tireless members who filter and sift and read and post it all here! I have my personal contacts that give me a constant feed of information, but you don't need special contacts to stay up to date. The news feeds here on this site have been an incredible resource for many tens of thousands of people, and I personally want to take a minute and thank everyone here that contributes. So - THANKS! Shout out to the current top 4 on the leaderboard: @yota691, @DinarThug, @Butifldrm, and @Pitcher The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets - influenced, paid, bribed, or otherwise, but they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. There were attempts to insert yet another Iranian talking head in the position, and then more attempts, but between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines. It's not on the front pages of any MSM publication, and it's not spelled out that simply in most cases - but that's what is really going on. Where we are today, then, is on the cusp of some serious change. We are staring at the future, shaping itself via badly translated articles and sometimes dodgy guru explanations... but we are there, just the same. Looking back at how many times we've seen great news in Iraq and comparing that to the number of times we've seen an RV come of it tends to make some people negative. I would caution against too much optimism, but I will also caution against the opposite. The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right... and there are some of you who are going to reap some amazing benefits. See you in VIP ================= That's it for the midweek briefing! Be sure to get in the Weekly Powerball Pool, and GOOOOO RRRRRRVVVVVV!!!!! - Adam
  8. 51 points
    Nice. Draining the swap overseas. Our President, the best we've ever had. He really fights for us. Yeah yeah yeah, neg me, I have friends
  9. 51 points
    Good morning good morning and happy 24th of July! I posed a question last week, regarding the budget and how "necessary" it is to change the value on the currency. Follow up... let's say the Department of Lawn Fertilization has 1 million IQD allocated to it. That's approximately $1000 (USD). With an RV of 1:1 with the US dollar, the Lawn Fertilization Department now has 1 million USD, which is probably overfunded at that rate and wouldn't make sense, right? I see this playing out one of two ways, and only one really stands a chance... 1. The previous budget stands, leaving a majority of departments overfunded to the point they have a surplus for many years. 2. Immediately following the announcement of the rate change, a decree is issued stating that the previous US Dollar amount allocated to the Departments is still being used, and Parliament gets to work with a different mindset on the next budget. Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world. Iraq has, in the past, operated on budgets and status befitting their actual situation - that situation being one of the wealthiest nations in the world. This is such a basic and fundamental concept that it doesn't even need to be explained in detail. The natural question most of us have at that point is something like this: "When the rate changes, how is the Department of Lawn Fertilization (and every other Department) going to be happy with $1000 while there's obviously more money available? Won't this cause immediate civil unrest, throwing the country into chaos again, and immediately devalue the dinar again?" That would indeed be a problem! There's an easy solution: All Departments get an immediate credit, or "loan", equal to their portion of the budget X the RV rate. If it's a 10X RV, then the Lawn Fertilization gets access to 10X their original budgeted amount, to be reconciled and adjusted prior to the next Budget. The list of Departments that need to be accounted for is not so long that this would cause any problems. The Departments having access to a greater amount will curb excess spending and abuse... the Department of Lawn Fertilization may not need 10X, so as they utilize their "credit", a cap can be applied to individual Departments throughout the remainder of the budget year. The People who hold physical Dinar simply benefit by the increase in value, just like we will. A new printed currency comes out within weeks or even days of the rate change, and we're all aware that the new notes are ready to be printed, if not already printed and being held for distribution. Iraq is currently in the final stages of preparation to return to their previous status in the world. They are not a country that has been in poverty for centuries... the are barely over a decade into their current situation. They have had a short setback in their financial situation, but at their core they are a rich country and this is not a huge mental shift for them to return to prosperity. The budget, in my opinion, is not something that will hold them back. A few strokes of the pen and some clicks of a mouse and the Budget is adjusted... bada boom, bada bing. Easy peasy lemon squeezy, no matter how they decide to handle it. It's not a complicated path. @presence made a fantastic post in last week's thread - I think it's worth repeating: "Theres been tremendous progress since the elimination of the dasholes (despite the lack of elimination of a former PM.). SWIFT codes and.KPMG werent even a thiught a decade ago, nor was president Trump. I mention the latter because a proper 'deal' could and would eliminate the entire US debt - which is possible mathematically and would be structurally sound. I find it interesting that Trump.made a relevant reference in the news this week; while referring to the fact that the Iranian fiasco setup by Obama (Aka Valerie Jared) was only supposed to be 5 years in duration, he stated that agreements should be much longer when working with countries- in excess of 50 years in length. I recall reading an article prior to his election in which he said we should just take the oil from Iraq for what we've done for them; I'm sure Iraq and all other nations involved would agree that a lengthy deal.would be and is preferable. Recent events (just to name a few) such as the recent visit - and followup meeting just yesterday- of KRG with Baghdad, public comments regarding the completion of article 140, Mahdi's visit to the White House on or about the 15th of July, the yet to be released statement and conclusion by the IMF (I'm pretty sure we would've heard something by now if their summation was negative), the stability and strength of the IQD's market rate and a sustained fluctuation of less than 2%, stability and duration of the current price of oil, the development of digital technology and the coordination between NASD.and the Iraqi stock exchange, the recent "Fire Drill" at the IQD, continued unrest and public demonstrations by the Iraqi citizens - all point in the direction that a positive change in rate of the IQD is coming - this year (I personally won't be surprised if it comes by Aug. 2nd.) The most encouraging thing I left out are previous comments from the CBI that state a change in rate was supposed to have aleeady happened -years ago- and that it didn't due to problems in Iraq that have since been resolved- which further proves the current state of stability and security in Iraq. Go RV!!!" I don't know how much more I can add to that! Nice post, @presence One more thought before I wrap this up - a lot of our news threads here have exceeded thousands of posts. Those threads will be locked (mods, please help me out here) in an effort to bring the most current news to the attention of those of us interested in reading. If you see a locked thread in the news sections, this does not mean we don't want to continue the conversation! It just means it's time to start a new thread on the topic. Have a fantastic day, everyone! GOOOOO RRRRVVVVVVV!!!! - Adam
  10. 50 points
    Hey DV and Good Morning everyone Hope all is well. Sorry for the abrupt departure from posting the news, Life been changing and somewhat harsh around here in my parts. Been dealing with Family health issue. (Parents). As I have for quite some time, but things took a turn for the worse in Dec and still dealing with today, it everyday. I would like to Thank those folks that have reach out in Private message and those that have commented in threads and those that have keep my Family in Prayers. I appreciate you and your Prayers and I Thank the Lord even threw the Storms.
  11. 50 points
    Happy Wednesday all! My apologies in advance - this update will be kind of shorthand. 'Tis the season for tidying up and staying busy outside before the weather gets too uncomfortable! It's been a while since I gave a shout out to the Weekly Powerballs, so let's get that out of the way first: Bitcoin - Are we at the bottom? I've seen a lot of comments, both here and in the other groups I read and participate in, regarding cryptocurrencies. BTC at it's current price of $8,200 is still more than double where it started 2019. The eccentric and entertaining John McAfee's prediction of $1,000,000 per BTC by end of 2020 doesn't seem likely (too bad for his junk!), but the big picture is still extremely positive for BTC as many positive avenues exist. HODL to the moon! That's still my motto. GOLD - $1500 at the moment. Who currently gives the best price for physical gold? I've never actually sold any of my gold, I've only bought - but I might sell a chunk and buy BTC, then sell the BTC at 10,000 and buy the gold back. Just for fun. OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is, even though it's out of the limelight a little. There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil... the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. Whether they barter directly for oil or not is kind of irrelevant. China probably doesn't give a hoot either way, because they know exactly what we know - Iraq is rich with oil, Iraq will not be an impoverished land with no way to pay their debts, and Iraq has every ability to pay their debts... because of oil. It's no surprise that oil is mentioned in almost all of these articles: I wish I had a date to put out here, but you all know by now I won't do that. It sure does look promising, though! Iraq has an RV button to push. I have a text message to send, and a lot of plans in place for our Post-RV activities. Standing by. - Adam
  12. 48 points
    WARNING!!! If you don't like reading speculation about why the RV may be imminent, please just skip this post!!! That way you won't have to get upset and you also won't rain on the parade of those of us who like to partake of hopium. I just realized this today, and I find it interesting that there has been no currency auction since May 21st. And also that the ISX was last open on May 21st and now they just announced that the ISX will remained closed through June 4th. For the ISX, Fridays and Saturdays are holidays, so the next open trading day for the ISX will be June 7th. And finally, last Saturday, Iraq's curfew/lockdown was extended until June 6th, which means Iraq reopens on June 7th. Now that Kazemi seated his Cabinet last month and is already taking on a variety of issues, it looks like Parliament is even stepping up to try and form a coalition to help him do that more effectively. Which is great because he faces a lot of opposition to the changes he's trying to initiate. I have to think that one of Kazemi's most pressing issues is the huge cash shortfall Iraq now has every month due to low oil prices (which don't seem likely to increase much - if at all, in the short or long term). I honestly don't know if shutting down the auctions and the stock market are necessary for the RV, but to me it just makes sense that it would be easier to RV while financial markets are shut down. And I do find it a bit strange that Iraq has shut them both down quite a few times in the last couple of months. Of course we have had the coronavirus during that time, but still, it may not be just a coincidence that it occurred when oil prices tanked and put Iraq's budget seriously deep into the red every month. Personally, I wonder if Iraq had tried to do the RV one or more times during the last two months, but just couldn't get it done because adversaries blocked it everytime. There's no way to know I guess, but I still wonder because the sooner Iraq RVs, the millions and millions of dollars they immediately stop losing. So under those circumstances, Iraq should RV immediately. Anyway, I know it's entirely possible we'll see June 7th come and go with no RV, and the currency auctions start up again and/or the ISX reopen. If that happens, it may just mean that the RV got thwarted yet again. Or I could be totally wrong about all of this. But in any event, I have to think, with all the progress that Kazemi has been able to make, and having achieved the milestone of seating his Cabinet, surely chances are much better than they've ever been. So if Iraq was close to RVing before, maybe this time it's in a strong enough position to finally pull it off. GOOOOOO RV!!! And aren't these riots horrible!!! So disturbing and tragic.😢😢😢 I for one welcome this bit of hopium because it's something pleasant to have in the midst of our beloved U.S. literally burning.
  13. 48 points
    "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." This is HUGE.!!!! Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. ... The sterilization process is used to manipulate the value of one domestic currency relative to another, and is initiated in the foreign exchange market. Its coming..... Go RV..... Go open market economy
  14. 47 points
    Good morning, good morning! This may end up being a "less is more" kind of post. Reason? HCL. I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. @DinarThug, true to form, followed up with this. And this. ("The oil and gas law will be included in the upcoming sessions.") And this. And this! And this. And THIS!!! And... seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. === // This next part will be deleted tomorrow: // ===== (deleted) === // The above will be removed tomorrow. You snooze... you lose! // ==== Don't get me wrong... I'm pretty stoked about the stability of bitcoin (and the potential of quite a few other cryptos!), the markets are encouraging (hat tip to @Pitcher for the great analysis every week!), and a mess of other stuff! There is just so much going on right now that smells like "HCL", like this and this and this and... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. As a VIP member, you can ignore all of the hype and the nonsense you read or hear, and relax while you watch for my text and email with the official RV announcement. Hang on to your hats, friends... stay grounded, get in VIP, and enjoy the ride. Go Kazzammie. Go HCL. GO RV. - Adam P.S. Don't forget about the Weekly Powerball Pool!
  15. 47 points
    Happy Wednesday, DinarVets! Here we are, the week before Thanksgiving. To me, "Thanksgiving" is more than just the day in late November when we all gather around with our families and eat turkey and candied yams and green bean casserole and all kinds of other delicious foods... the word "thanksgiving" itself is actually first defined as "the expression of gratitude, especially to God." Personally, I don't care what God you love, or if you don't even subscribe to a religion. I have my own beliefs, and they match some of yours. They don't match others... but we should all agree that it is good to "give thanks", to be appreciative for the blessings that we have, and to find reasons to be happy with life. I'm thankful for this community, the many friendships that have been made here, and I'm thankful for hope. Turkey and pie are just bonuses. (Dark meat for me, please! And keep the celery out of the stuffing, you monster! ) Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days. I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there. We can draw a very significant parallel between bitcoin and the Iraqi dinar here - it is estimated that 4-5 million bitcoins have been lost forever. I know I personally lost quite a few on an old hard drive, and others have lost even more. I had some on exchanges that went under, and some I just lost the key to. No matter what happened to them, they are gone forever, which raises the value of those remaining to be traded. The same goes for Iraqi dinar - with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well. Talk soon! And be on the lookout for some Black Friday/Cyber Monday specials around here... they may be coming at a really good time for you. - Adam
  16. 46 points
    Good afternoon DinarVets! This is a general update regarding last weeks chat. The real short story is this: Iraq is in a sweet spot right now, VIP is good, you should join here, and today is the last day to save money using coupon code "flash". I posed a question in the last update about Panamas roadways, and it caused a little bit of confusion. (Spoiler alert…. The answer was “Ecuador”. ) Sometimes I forget that not everyone travels the world like I do, and when I reference things that aren’t common knowledge, some of you rightfully ask why I said what I said… for example, why would I talk about Panama when this is a Dinar site?! It’s a completely understandable question. I wanted to answer it, so I started writing. The words were flowing and before I knew it... I had written about 5000 words related to Iraq and Panama, but I had also touched on China, Germany, Malta, and four (4!!!) other countries - and I was just getting started. I thought to myself, "Jeez, Adam, you better cut some of this out - nobody wants to read a dang novel!" It was challenging. "Cutting words out" is a tough thing to do when you want to explain a complex (yet simple) subject, but I did my best. I chopped it up and cut a lot out and the following is what I am going to share this fine day. We will start with a short explanation on the Panama reference. Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq. Here in the US of A, the majority of our roads are taken care of by the US government. Sure, a lot of the work is done by individual companies, but those companies are primarily US companies. The taxpayers here pay for the roads, and that tax money pays the workers. The US has a large workforce (supply of money via tax slavery) and endless resources thanks to our fiat currency, but let's not get too far off track - let's discuss the roads. Some roadways have tolls, which generate income for the state that the roadways are in, supposedly to take a burden off of the taxpayers… I say “supposedly”, because Illinois comes to mind. You know, the state with a city holding the strictest gun laws yet has one of the highest gun crime rates, one of the highest tax rates in the country yet they still have a ridiculous amount of tolls, and ohhhh boy I could get on a rant here about how inefficient government can be, but I’ll save that for a Post RV gathering over drinks. Panama is a small country that thrives on outside money. Their roads are important, and there are tolls there, but the Panama government (rightfully so) doesn’t focus on their roads. They are outsourced…. Ecuador had the majority of the work on the major roadways when I was there last, and they also collected the toll money. Pretty sweet deal for Ecuador, since they don’t have a Canal to pull money from. It was also pretty smart of Panama. They pull in huge revenue from the Canal, but they make another substantial portion of their income from their Corporate services. They don’t need to waste their resources on the roadways when they are making tons of cash on their other assets… … Iraq is in the same situation. They have a major asset in their OIL, and it makes sense for them to potentially let China come in and handle things like roadways and other infrastructure. This China thing could be a MAJOR jump ahead for Iraq if it’s done right. China isn’t new to this game. Neither is Iraq. The point above was pretty simple, and the big picture is also simple, if you’re looking for it. Here’s a fact that this post, and my last weekly update, centers on: I have seen a major opportunity in the value of the Iraqi Dinar for a long time. Many of you do as well. As a community we have weathered a lot of delays, but that doesn’t take away from the potential. The Dinar is going to raise in value. It’s simply a matter of “when” and “how much”. ============= When the Dinar increases in value there will be profits, and with profits come liabilities. I’ve personally put more hours than I can count into the tasks of finding the best ways to prepare for this event, securing the best possible options for returns on the initial increase in value (RV), and also preparing for the protection of those gains. If you’re in the VIP group when the RV is announced, you will benefit from the best exchange rate and get access to Post-RV options that will enable you to continue maximizing your benefits. We also have a thing here called “OSI”, which is basically VIP on steroids (without the side effects :lol:) It’s taken a lot of legwork to get VIP and OSI in place, entailing a lot of frequent flyer miles, because some things simply can’t be done with Google alone. Some things require a handshake and meeting people in person to accomplish. I’ve done that, and if you’re in VIP, you are supporting the work and you will share the benefits. Join here: ============= Back to the Panama thing, and how it relates to Iraq, China, and why we’re here in the first place. Part of my “job” here is to dig into the facts regarding the Dinar, but the majority of my work is about maximizing the returns after the RV party and the exchange back to USD. I’m interested in preserving the profits, and that takes work. The nuts and bolts of the best wealth management strategies aren’t free, but we have them in VIP/OSI. Throughout this journey I’ve met with people I won’t name, my passport has been stamped in some pretty incredible locations, and although many of those locations were key to my personal contacts in the Dinar world - some of those trips resulted in other kinds of information, which is why I related Panama to Iraq. Panama doesn’t have OIL. What Panama DOES have is that passageway. A key to commerce. A large influence on world trade, even though Panama doesn’t produce a major good that can’t be made elsewhere. What Panama does do is exist despite the fact that they do not export oil or really anything else we can feel, touch, or hold in our hands. This puts them in a neat position in the world, and in spite of their recent political and financial drama - Panama is still a significant business center of the world. Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward. This could all be happening in the next week or so. It’s going to happen quickly when it does, and only you can be sure YOU are prepared. The FLASH SALE ends today. Use discount coupon “flash” to get in VIP, and reap the benefits, at a cheaper price than normal. In a nutshell.... GO RV!!!!!!!!!!!!!!!!! Enjoy your day, friends! - Adam P.S. Most of you understand how VIP here works. When the Dinar revalues, the VIP group here is going to benefit from a higher exchange rate. It may not be a huge number higher, but it will definitely cover the cost of VIP. More importantly, being in VIP is going to give you opportunities to increase the gain. Why stop at a simple exchange?! Leverage your good fortune, and turn a nice profit into something that can benefit your heirs for generations to come… or just blow it all on a few luxury items and be a statistic. The choice is yours, of course. Heck… even if you decide not to utilize the tools and easy programs we have in place, you can at least say you supported the site as a VIP member. Join us here: P.P.S. If for any reason you don't get more on your RV exchange than you spent on VIP fees, I will refund every penny. That's a solid iron clad guarantee that I give to you. In other words... you have nothing to lose. See you in VIP. P.P.P.S. Seriously - China building roads or other essential things in Iraq... it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency. I'm giddy about this and I really wanted to share a post that was 10X longer than this!!! Comment away, because I have a lot more to say about it. THIS IS GOOD STUFF!!!!!
  17. 46 points
    GOOD afternoon, all! Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59... sounds like the above statements from Saudi sources are believed by the world, and therefore they are true. (Think about that, if you have to! ) Perhaps more worthy of our attention right now is the deal with China. Before I go into this, let's consider a different country. I'm talking about Panama. I learned a couple things about that country, and the way money flows through it, from my work in Asset Protection and my travels to Panama to explore options there. (I've talked extensively about this in VIP/OSI.) Don't worry, I'm not getting sidetracked here. This is VERY relevant to Iraq, Iraq's currency, and the value of Iraq's currency. Does anyone here know who builds and maintains the roads in Panama? Hint... it's not Panama. More importantly, do you know who collects the moneys for the tolls on the highways in Panama? Once again... it's not Panama. Panama cares not for the large amounts of money being spent on, and earned by, the roadways there. The roadways are very important! But they are not Panama's bread and butter... so they outsource it. Kind of like what Iraq may be doing with China. Abdul Mahdi is spending a week, with an entourage, on this. Check it out: China does more than just steal our patents and influence the forex with their currency manipulation. China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff. Discuss below, and GOOOO RRRRVVVVVV!!!! - Adam
  18. 44 points
    Good morning, and Happy Wednesday! Warning: This Weekly Update is coming in like a lamb and going out like a lion. Before we get into it, I want to thank you all for being the best dang group of people I've ever been associated with. Please know that I never take you for granted, and time after time you impress me with your heart and character - as evidenced time and again, in particular by the incredible outpouring of love, respect, and goodness in last week's update. Cheers to you all, God bless, and thank you. Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed. What I mean by that is the last couple PMs were met with fierce opposition, riots, and outcry. I don't think for a minute that the Iraqi people are done fighting or they have lost their spirit - the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. The fact that Oil is returning to normal and sustainable price levels... well, that's just gravy. I'm not the only person who looks at that chart and feels hungry! One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. Over the last few weeks, I've been noticing a trend. The news pieces that I am privileged to share and break down for you all have not been the "simple and sometimes boring" topics that have plagued us for months at a time in the recent past. On the contrary, I've been finding that much of the news and the key parts of this complicated web of information are challenging to piece together. It's led to a few "doozies" lately... the recent post on the Iraqi Budget is a good example. That one took a lot of editing and deleting and starting over to break it down into a manageable post that wouldn't make people's eyes glaze over. Based on the responses from the community, I feel it was worth the time. As the year 2020 is progressing, I am seeing more and more information that is stitching together in very complex ways. It makes my "job" a bit harder, but also more satisfying... and it will be even more satisfying when all of these things meet up at the end. The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides. I may do a longer explanation on this soon, but for this post I'll just state that Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. The Middle East as a whole is a major producer of oil. Anything that is produced, and sold, needs to be transported to the consumer. While Iraq only has a small piece of the land that accesses the Gulf of Persia, they do have a sizable and important piece of the land that connects many paths that Oil must cross, and the HCL is vital to forward progress. Hang on to your seat as you read through this next bit: The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning. That also comes back full circle to the HCL - eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving. I encourage everyone to read the links I posted in the above text. Piece that all together in your head, and get in VIP, because things are about to start happening REALLY FAST. GO HCL. GO RV. Best regards, all! Have a fantastic day and stay safe. - Adam P.S. If you hadn't noticed, I've been linking the relevant articles a lot lately instead of quoting them. This might be a little more work on your part to completely understand my posts, but I've received a lot of positive feedback from members as well. Feel free to chime in and let me know which you prefer! P.P.S. Our Powerball Pool is here. Get in!
  19. 44 points
    Wednesday Wednesday Wednesday! Hello everyone, thanks for tuning in. Sometimes I can hardly wait to get to work on the weekly update - and most of those times, life just gets in the way. Like this week The following was posted Friday (cheers @yota691), and it’s the start of the news I recently mentioned I want to see: The topic at hand is quiet simple - OIL. The above article (and the handful of posts that followed it) weren’t necessarily about the “price” of oil, but the contents are certainly affected by the price of oil. Let’s dive into that a little - earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate… for those of you new to the situation ) We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. Back to OIL, the WTI, and the news articles that correlate… take a peek at this super high-tech graphic: This WTI chart shows the approximate time WTI hit $60, and we know that OIL news had been scarce in the time prior to that. Articles related to HCL started popping up. The price of OIL actually went up too high, in my opinion, because once it dropped off - so did the news articles related to HCL. A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Now that we’re seeing a bit of stability return, and the price resuming a possible upward trend, we have the previous articles and also this: Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell. Discuss below - feel free to add your - Adam
  20. 43 points
    Good morning and HAPPY WEDNESDAY! These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly... we are looking at an HCL move soon, and that's about all we need right now! The comments on my Weekly update last week reached 6 pages pretty quickly... here's one of the highlights: That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! The new PM Kazzamie is operating efficiently and effectively. We are going to hear some detractions and criticisms, but he is doing a great job in my opinion. Oil is slightly down this morning, but the overall trend is stable and upwards, currently at $39.24. The IMF is predicting a continuation - I agree. As we move closer to a successful resolution and completion with HCL, we are going to start hearing a LOT from the "gurus". Some of them will be right, some will always be "full of it", but the closer we get... the louder it's going to seem. Stay calm, don't let emotions get the best of you, and hang tight... we are closing in. That's all I'm posting for this morning. Go Iraq, go HCL, GO RV!!!!!!! - Adam
  21. 43 points
    Good morning and happy Wednesday, to all in Dinarland and everywhere! WOW. What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. There is so much news and activity right now that it's almost impossible to keep up! This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. I'll give my opinions on the situation, but this is a fluid situation - things change fast. Also, some of these are my personal opinions - you don't have to like them, or agree with them. You are entitled to your wrong opinion. Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency... but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani - justified or not - is likely in favor of a quicker path to an RV. I said that the protests would take about 6 weeks to wrap up. I was a little short on the timeline, but not much - and they did wrap up. This situation is a continuation, and very similar - it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket. The recent protests in Iraq, which started officially at the beginning of October, were largely instigated by the people of Iraq being fed up with the Government of Iraq's then current progress, which was largely influenced by Iran. The "read-between-the-lines" message was pretty simple: "Get Iran out of our country and do something good for us!" Iraq has made official announcements that they want all foreign troops out. The announcement is non-binding for the United States, and there is talk this morning that sanctions may be imposed on Iraq if they don't cooperate with our goal of controlling the Iranian terror machine. Yes, I that too: The Iranian terror machine. War isn't something that anyone should take lightly. The political rhetoric surrounding any serious situation, on the other hand... I tend to laugh that stuff off. For example, the idea that Trump should have gotten approval from Congress prior to sending Soleimani to meet his virgins... are you kidding me?! I suppose he should have followed that with a press conference announcing the attack in advance, and then apologize with a planeload of cash. Right? Anyway... we are indeed in the middle of a very tense and hectic time. I'm sure we are going to see all kinds of Chicken Little Syndrome (I'm calling it "CLS" from now on), we're going to have questions and self doubt and panic... buckle up, hang tight, and be ready. Kind of like what I'm doing, preparing for the comments I'm sure I'll get in response to this Weekly. On another note... my football team is in the playoffs. And Tom Brady isn't. GOOO RRRVVVV!!!!! - Adam P.S. Are you in the weekly Powerball pool? P.P.S. For anyone suffering from CLS, here's some medication:
  22. 43 points
    Hey hey all! I tagged this post as a "Weekly" even though there have been more than one "Weekly" lately, and even though it's a holiday week... there is probably going to be more than one this week as well. In the last update, I talked a bit about the upcoming change in leadership in Iraq. I'll recap, because it's important and even fun at this point with the solid stream of good news flying our way! Back in early October 2019, the people of Iraq finally had enough. If you were a member of that group, you'd probably feel the same way! Especially knowing as we do that your country is capable of increasing your spending power in a major way, and the only thing keeping you impoverished was a bunch of corrupt bureaucrats stealing your money... ... following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. By law, there was a period of time to appoint the next leader. What is being said over and over, in many different ways, is that it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. I know I'm not the only one who sees this! The people of Iraq have forced a change in the government, because they were not happy with what was going on. And unless the next person gives them something good, and fast, they will be rioting again. I also mentioned in my last update that things should be happening fairly quickly. That update was a mere 5 days ago, and instead of the usual weeks or months of delays, we are seeing a different Iraq. I'm just going to snag a bunch of excerpts from a hot thread: This from an interview with Baghdad Today referring to President Barham Salih: The following of Tawfik Allawi: Allawi is reported, among other things, to have not liked Maliki: And Allawi himself says this: He says this knowing full well that if he doesn't appease the people, he will be next on the chopping block. He says this knowing that if he doesn't make the people happy - they will be rioting again. It really appears that the people are pushing the cart now, instead of being led like sheep. The people aren't going to wait long. They want change, and they want it fast. I'll gladly take that change, regardless of who brings it... and it's looking pretty obvious that someone is going to have to bring it. Or else. Today or tomorrow we should have an announcement on who is going to take the responsibility for that change... it may be a surprisingly great Christmas after all! ================ / / =============== You have TWO DAYS left to take advantage of the discount on VIP! Christmas is scheduled for December 25 this year, so take 25% off your VIP package at with discount code “25”. The BETTER deal is to never pay for VIP ever ever again, and get a huge discount on it – also, it’s saving me the trouble of sending your Certificate once the RV is announced – at the link below. Platinum VIP (Lifetime) is normally $379, but you can get it for yourself or as a gift for only $199 from now till Christmas. No coupon needed, just get it below: GOOOOO RRRVVVV!!!! And, of course, Merry Christmas. - Adam
  23. 42 points
    Good morning good morning! Happy Wednesday DinarVets, and welcome to another edition of "The Weekly". Hopefully it's one of the few remaining. 2020... what a year so far! I'm not going to comment on the current events because they don't really make a difference on the Iraqi Dinar, and it's a rant that I just don't feel like getting into this morning. I am curious to see what kind of "spike" we will see in corona cases, though, since there are suddenly gobs of people doing the exact opposite of "social distancing"... my guess is that there won't be any massive spike. Time will tell. Anyway! We made it through a couple months of invisible plague. Ramadan and Eid al-Fitr has passed. After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: was a vocal,of the Iraqi political parties. The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami! These topics will get you up to speed on "the rest of the story" quickly: 1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential: 2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past. 3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress. They may not vote every one of them in, but 80% will be enough to move forward. 4. If you want the play-by-play, our fearless and tireless @yota691 has you covered. (tl;dr version: Parliament is working.) And on that note, my friends, I am wrapping up this Weekly. Life is good, things in the desert look positive, and GOOO RRRVVVV!!!!! - Adam
  24. 42 points
    Good morning all! Today is Sunday, 24th of November 2019. I made a mention this week about Iraq being in a good place - my optimism continues. Before I get into that, however, I also mentioned Black Friday specials coming... ... those start NOW! Coupon code "go2019rv" is good for 25% off any VIP package for the entire week. Apply the code after you choose your VIP package here. This will work if you are already VIP and want to upgrade to Platinum (Lifetime), or if you just want to save some money and extend another 3 months or more. Back to Iraq: Every week, I read thousands of posts made by the members here on DinarVets. This last week, I read one that hit me right in the chest. (Boom. Right there.) It read like this: As I reflected on those words, I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap, and it barely retained scrap value at one time. Then the country began to rebuild, with the help of outside forces (which were necessary, since they had lost their right to militarily protect themselves and much more), and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"! That's a big deal, and kudos to them for the commendable progress since they fell from financial grace, but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! You can name the "bad guys" just as easy as I can, so I won't bore you with a list and an hour of finger pointing. Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority... it's a small number, an amount that is surmountable. And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. ============================ Happy Thanksgiving week, everyone! When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly, and when it is announced, it will be too late to buy in. Too late to sign up for VIP. Too late to benefit. I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week! Either way, if you're not in VIP when it's announced, you will NEVER be able to get in. The doors, and your opportunity, close immediately when the RV is announced. I'll send out an email later this week with some info on VIP for those of you who don't already know "why" you want to be VIP. (You do!) For now... it's a beautiful Sunday, my family is waking up, and I've got pancakes to make. Go Iraq. Go Progress. GOOOOOO RRRRRVVVVVVVVVVV!!!!!! - Adam P.S. Gobble gobble turkey week! Get in VIP at a 25% discount here with the coupon code "go2019rv". See you in there.
  25. 42 points
    Happy Wednesday, dinarvets! I'm in the middle of a blizzard (ok, it's just snowing a little) and I've got a bajillion fires to put out here at home, so this one will be quick! The good news is that I see lots of good reasons to come back with more updates before next Wednesday. In fact, I made a detour to buy a lottery ticket this morning - that's how good I feel about the near future! (Get in the lotto pool here.) It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear. This article I posted states that the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week. Here's some evidence of what I'm hearing that has me feeling positive... despite the blustering about not wanting US interference, the news says they are doing exactly what we want. Take a look at this and the 12 posts that immediately follow it: We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly. - Adam
  26. 41 points
    So.......they have had meetings and discussions with CBI. This must be their aspirations ~ to have exchange rate higher than USD. We know this..... Yep.....but not anymore. Inflations is at all time low now.... There were ready then, they sure are ready now... Why tell us this if that's not the direction. This announcement comes from Finance Committee......~ i think this is part of the process to give notice to the public of what's coming ('suddenly'). Thru previous & various articles, the public have been educated and have been made aware of the project to delete the zeros. Now is the time (justifications) to reintroduce the coins. Great timing. FML gazetted, draft budget discussions (in parliament) in Sept, reconstructions agreements CBI governor. Alaq going to AMF in Sept......and so many other positivities. Footnotes: The dinar we hold was introduced (officially) on Oct.15, 2003, fully implemented Jan 2004. All jmo......
  27. 41 points
    Good morning all! It's currently Wednesday July 10 Thursday July 11, and IF all goes well - I'll get this posted before my day gets out of control! Back in the forefront of ReValuation (RV) news... HCL. We've made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although lengthy at times, have sailed successfully through the turbulent waters and left us with a final component: HCL. Good news for this morning? It's actually on the horizon. It's being talked about, and I'm predicting we'll see more of this very shortly. For example: Adding fuel to the HCL fire: WTI just crossed $60 again, and those of us watching the OIL tickers recently are well aware of how stable OIL is right now. Those of us pairing that information with the current and ongoing situation in Iraq understand how important OIL is to Iraq's ability to RV. And in case anyone needed some reassurance... ... it's going as perfect as we could hope for. There will never be an absolute perfect set of circumstances under which Iraq "can" or "should" or "must" change the value of their currency. I see a fair amount of comments from people stating something like "Oh, Iraq will never RV unless X happens, or until Y is implemented", etc etc... ... that is simply not true. There is NO absolute "must" for Iraq. They can change the rate today. Or yesterday, or tomorrow. They can do it without any further progress, without any permission from anyone or anything, and all the speculation in the world won't give us an exact date or a precise set of circumstances. The situation we find ourselves in today, at this very moment, is "good enough". Personally, I'm on standby for an incredible event. A solid resolution on the oil and gas law (HCL) will mean "no turning back", but just the same - it's not a necessity. Pretty darn exciting, if you ask me. That's it for the Weekly summary - there's a lot going on right now, but I like to keep these Weekly posts "to the point". GOOOOO RRRRVVVVVV!!!! - Adam PS. Side note! I use a LOT of news sources to keep abreast of the latest happenings, not only in Iraq but just "in general". My absolute favorite recently is "The Brew" - click that link to get it yourself. 100% free. This is not a paid post, I'm just sharing because I really enjoy it, and I hope you do too! (Valuable tip of the day from the Brew? Disguise Netflix with this Chrome extension to make your desktop look like you're on a conference call )
  28. 40 points
    Hey hey good morning DinarVets! This is one of those "holy MOLY" spots in history - so much is going on right now! Coronovirus is shaking the stock markets - if you didn't catch @Pitcher's posts in my chat last week, they are worth a look! Super Tuesday was yesterday, and it looks like the Dem race is officially Old White Guy #1 vs Old White Guy #2. (I have nothing against old white guys, I just think it's funny ). Mike Bloomberg bought American Samoa, apparently. Speaking of politics... 'tis almost full tilt political season, according to the drama-meter we run in the background. I'll take a second to gently remind everyone that this is a nice place to visit, we won't all agree on everything, and we like to keep things calm, cool, and collected. And nice. Just be nice to each other, please. BTC is hovering around the 8700 mark, despite the political and health topics and markets. Solid. On to the dinar, which is of course the heart of these updates! We also have some member questions that I'll get to shortly. Sitting (temporary?) PM Allawi has threatened resignation - rather, he has "withdrawn his candidacy". I said from the start that he wasn't my top choice for the spot, but he certainly impressed me! The man went in and started kicking things around like an Iraqi Jack Welch, which is exactly what needed to happen in Iraq. I get the feeling that he is an "all or nothing" kind of guy and didn't feel comfortable with what could have been a solid 80% win. So, what's next? The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either. As mentioned in a recent post: The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter. EDIT: As I was wrapping up this post, @tigergorzow posted this: My thoughts on it were stated above, and remain the same - the name doesn't matter, as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close. ====== Member questions below ===== This is a very reasonable question - it is based on logic and a thoughtful approach to the issue... ... unlike fiat currency, which is based on nothing of the sort, and actually throws reason out the window. The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. Check out @ladyGrace'sDaddy's post below: Nicely stated, LGD. The summary is this: Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will. There's always one in the group! This is a great question as well! I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil. 1 - I'll need more info on "1,000,000 IQD is forbidden". The rule is $10,000 (USD) and up must be declared in most countries. 2 - I still remember my first trip to Dubai, where there was a security checkpoint that required removing our shoes and they sprayed everyone's feet with disinfectant on the way through... but regarding your question, I'm going to need a link to be sure we are discussing the same thing Great post, Synopsis The forum software will collapse your comment, but I'd encourage anyone interested to click on it to expand and read it. My answer: I agree with your closing statement: Auctions... I'm not sure what you mean about the auctions. The auctions don't matter - if they sell at 1160 today but sell at 12 tomorrow, do we care what the rate was yesterday or if they did an auction yesterday? The auctions will continue after the rate is changed. It's how they do business. Iran's influence was a major factor, but it is greatly reduced already and looks to be shrinking more by the day. All is well in my opinion! ========= / end Member Q's ======= WHEW! That was a fun update, I really appreciate the feedback and questions from the members! I'll do that again soon, or not, depending on Iraq. Don't forget to chuck your numbers in the Weekly Pool, and GOOOOO RRRRVVVVVV!!!! - Adam
  29. 40 points
    Hey hey it's Wednesdayyyyy! It will be afternoon by the time I get this posted, so - Good Afternoon, or evening, wherever you may be! This was a strange week for me - I almost got the Weekly posted a day early! That turned out to be wishful thinking, as my phone ended up ringing off the hook all day and I just couldn't quite get to writing this up. Nevertheless, here we are! Every week here at DinarVets, a group of us enter our powerball numbers into the "Pool" (join us here this week). It occured to me this week, as I bought my lottery ticket, that I don't expect to win the lottery. I don't expect anyone else here to win it, either, but I still buy the tickets and enter my numbers in the Pool, because there's always a chance... and if we don't play, we can't win. The Powerball is a random chance. It's highly unlikely to land in our laps, no matter how long we wait. Nobody in our group is likely to win it, but we keep on plugging those numbers in there. There is a chance. My thought process on the Iraqi Dinar is much different... I fully expect to cash in on that one. When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! Right now in particular, many of you probably noticed how the "news" sounds... none of the squawk boxes are chattering about Iraq. Iraq was not mentioned once in my daily morning news feed... and that's just the way I like it. It was just a couple weeks ago that Iraq was in the spotlights, right next to Iran, but as of this morning - not a peep about the middle east. At least, not in the MSM. Here on DV, we have better sources and a more refined "ear" for what's going on! A couple of examples from the forums here: For example, it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that. LINK. There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth, such as what we see here. My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense. More evidence on how Iraq feels about the US: There's more, of course.. but that's enough for now. My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon. I'll be here as it happens! - Adam
  30. 40 points
    Thank you Adam As a trader I’ve learned to filter out the “noise” and look for TREND, especially when a new trend is getting ready to take place. I’ve also learned from a lifetime of observation, when things are getting ready to change it gets real noisy. Forget the noise. Here are the FACTS. Trump and his team got a Historic China Trade Deal signed yesterday. The USMCA was ratified by the Senate today The Business world has been released from Stifling Regulations and Taxes Brexit is resolved Soleimani has been eliminated and Iran has been given its last warning. Any one of those listed above could be called a game changer but to get them all within the last month is truly truly incredible. ( tax cuts took place 2 years ago) We have the mechanisms ( rules, laws, treaties, a big hammer) in place to activate one of the most historical worldwide economic BOOMS in our lifetimes. Everything is ready except the fuel to ignite this economic engine. Maybe just maybe that fuel is an Iraq Dinar RV/RI. We can only hope that is the next thing to get accomplished. Things are changing at a quickened pace. Stay grounded, prepared, and look for the opportunity that awaits anyone who puts in the work. I can tell you all straight up I’ve been trading this news for the last 2 months and it has been amazing. Take a look at a Daily chart of AAPL or Tsla just to name a few. Yes, I’m Bullish!!! After 20 years of wars, stifling taxes and regulations on our businesses, trade wars, watching our businesses and jobs get shipped overseas, unfair trade treaties, (and so much more) it is great to see strong leadership and changes that will be good for a world wide economic BOOM!!!!
  31. 38 points
    Good morning good morning! Wednesday, 13th of May - Year of the 'Rona. The year we saw historic losses in the financial markets, the first time OIL ever (ever) hit negative numbers, and the world changed in ways some of us never believed would happen. Everywhere we go now, things are slightly-to-a-lot different. Plexiglass sneeze guards at every store register, shower curtains between tables at restaurants in our future, sporting events without fans, and this is only the start. With unemployment at the worst since the Depression, possibly worse to come, and the government printing money like... well, like they usually do, just a little faster. The truth is that all of the events we are witnessing were bound to happen eventually - the "pandemic" simply expedited some of it. The US debt column has been on a steady incline, and that was not going to reverse. A world where we have a "responsible government" and a "balanced budget" is nothing more than wishful thinking. The good news? It doesn't matter. I mean that. It simply does not matter. We can complain all we want, but since the US Dollar went off the gold standard and became full fiat, we have been playing with pretend money, valued by nothing more than our imaginations. Yes, we can buy actual food with our dollars. We can trade these same dollars for a roof over our head and a vehicle to get us places. If we had looked at our crystal ball last year and invested in Netflix, or shorted travel related stocks, we'd be sitting fairly pretty! The interesting thing about wealth, and power, and luxury and money and toys and tools is that they are never really "lost" - they just get transfered, in a never ending shell game. There will always be winners, and losers, and much of that is decided on where you are when the dice are rolled. Iraq is no different. The currency of Iraq is no different than the currency of any other fiat based country - it's made up, yet the uses are real. And unlike COVID19... we are fully prepared for this one! (At least most of us are prepared - are you?) In the news: Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen. That link was from four days ago, and then yesterday we see PM al-Kazemi reconfirming his commitment to wrapping this portion up in "the next few days". There is more, of course! There always is - I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer. Bitcoin is in an interesting spot - the halvening happened, and BTC is currently hovering near $10,000. In my opinion, there is still time to get in while it's still cheap. You CAN buy a fraction of a bitcoin, which means you can put $100 or $1000 into it. Coinbase is an easy option. VIP is still open. You can NOT buy a fraction of a VIP package but at $49 for 3 months, you can get in and be prepared for about 54 pennies a day. It's the smart move, get in now! The Weekly Powerball Pool is here - join us! As always - be safe, be happy, be free, and GOOOO RRRRVVVV!!!!! - Adam
  32. 38 points
    Happy Wednesday DinarVets! It's April first, which means you can expect some pranks today... all from 6 feet away, of course! There will be no RV pranks in this Weekly update, for the record. If I send out an RV text today, it's the real deal. (I have not yet!) Day 534,691 of the CoronaVirus lockdown... how is everyone doing? I ask out of real concern. As humans, we are a social species. Social distancing is something we are currently doing to control the spread of a virus that should burn out on it's own if we don't find a cure, but it's still a scary situation. Verizon reports that phone calls are double what they are on a normal Mother's Day, which is proof enough that we need human interaction... the Butterfly Effect is real, my friends, and it applies to more than butterflies and typhoons on the other side of the world. Stay strong and healthy through this, both mentally and physically! Wash your hands and don't be afraid to phone a friend that you haven't talked to in ages - you're stuck in the house, how many more times can you organize the pantry or clean the garage?! Whatever you do, be sure to show extra love and patience and kindness to the people you're stuck with right now. That's good advice on any day, and it goes double right now. On to the Weekly! The markets are a jungle, cryptos seem stable, OIL may have stopped the plunge but that's still uncertain, unemployment levels are and continuing that way indefinitely... is there any hope? There is always hope. There is also always truth to be found in adages, for example: Better late than never. Nothing ventured, nothing gained. As dinar holders, we are most certainly living by those two! One day, soon, these will be things that we look back on and smile about. The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us. These are wild and crazy times. Here's an example: Politicians rarely agree on anything, but a recent (historic) stimulus passed, unanimously. If you read my recent Budget and Auctions post, I described an equally possible scenario that would turn the Iraqi Dinar around overnight. Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. The only question is, when will it be and how prepared are you? This is going to be the “I told you so” group. When the world is crying about unfairness and how the rich get richer and a hundred other things, you can join them... or you can think back to that time you could have spent $100 on Amazon stock at $1.73 (currently $1,949.72), $75 on btc at less than 10 cents per coin, or $50 on VIP at DinarVets when the IQD was undervalued and represented an incredible opportunity. Quick forum PSA: I'm all for diversity and contrary opinions and intelligent discussions. This thread is a great example of intelligent people politely discussing something they don't fully agree on. I could also link to some examples of how not to have an intelligent and respectful debate, but I won't - I'm just going to issue a warning to anyone that comes here just to antagonize members, hit the "dislike" icon, or click that annoying "report" link on anything that you personally don't like. Warning issued. On a lighter note... @tjokie shared a new crypto with us in the VIP section. Might be worth taking a sWipe at this one. Before I head out - I mean stay in - this morning, I want to give a quick shout out to the hard working women and men out there still taking care of us... truckers on the roads, people working in the schools to prepare meals for the kids that need them, teachers improvising and doing the best they can with online classes and connections, health care workers, the people in the grocery stores, and more... I appreciate you all. And last but not least - get in the Powerball Pool! Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!! - Adam
  33. 38 points
    World bank support IMF support UST support BIS support UN support GCC support USA support UK support Japan Support Germany support France support Italy support Saudi Arabia support Kuwait support China support Russia support How much more support they need? It is time to give real market value to the IQD. Go support Go Iraq Go CBI Go RV
  34. 37 points
    Hey hey Happy Thursday! Thank you to all who responded in this thread yesterday - the support and love that this community shows is nothing short of incredible! Quick update on the Iraqi Dinar for today... I'm very very interested in how things are playing out. It's very easy to get distracted, but we're too smart for that here at DinarVets. POP QUIZ TIME!!! Who is the Prime Minister of Iraq? (Insert Jeopardy music... 🎶) Ok, time's up. The answer is: Abdul Mahdi! (Did I just hear gasps and other noises of shock and awe?!) Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all, and I believe there was some Hell and Brimstone and perhaps the stock market was about to tank with the impending WWIII... but for some reason, the only thing I've heard about on the news today is a bunch of fluff about IMPEACHMENT of the President of the United States. An Impeachment which, by the way, is going nowhere. It's a non-story. And the DOW is over 29,000 are you laughing at all of this with me yet?! I don't know what bugs you more - fake news, or non-news - but this has the marks of both at the same time! It does not actually annoy me, of course. I let it go in one ear and out the other, as I'm digging through the news for what REALLY matters. Despite the news being clogged up with all the non-news and fake-news headlines, there is actually a lot going on that we should be aware of. For example: The budget isn't a huge deal to me, but the "devil is in the details, as they say. Check out this follow up from @DinarThug - Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact... it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern, as he's doing in the article I linked to above - he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV. We aren't in WWIII. Bitcoin is back over $8600. (Super interesting article here.) The DOW is over 29,000. All good stuff, my friends... closer and closer we inch, every single day! That's it for me right now - more to come later. - Adam
  35. 37 points
    Good afternoon DinarVets! For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! I wrote about it in a few places, and followed up a few days ago with an explanation of how Iraq can be really successful by following a similar path as Panama. (Let's not get into politics here - I'm talking about business strategy.) Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place. The examples are too numerous to list, but here's a good one... start at this following link and learn about EIGHT "important agreements" between China and Iraq. Anyone remember a company called "Huawei"? Yeah, they are listed in these articles too. The amount of the agreements amounts to some $500 billion (on the surface). Is this China investing in a poor, tattered, and hopeless nation? Or is it China investing in a resource rich and soon to be powerful ally? When every Iraqi suddenly has the money to buy a smartphone, Huawei is going to be first in the shipping lines. And make no mistake, Huawei isn't on the market making "just" chinese electronics and spy gear... check out this comparison of Huawei's camera vs Apple and Google's best products. That's just a little sidenote. It's a tiny speck in the big picture. Perhaps a bigger speck is this one: The multi-million dinar question at this point may be as simple as this: "If China invests 500 billion into Iraq, does Iraq want to pay it back in Pre or Post RV dinars?" I'm off to get some VIP work done. GOOOO RRRRRRRVVVVVV!!!!!! - Adam
  36. 36 points
    Good morning and Happy Wednesday! I don't see a need to make this update overly complicated, so... I won't! OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. Also OIL: The recent OPEC+ agreement to cut production is partly responsible for the rise in price, but this article confirms what I've been saying for years - Iraq isn't really obligated, or inclined, to play by the "rules". The rules don't really apply to them, so why would they? Don't worry - that's a positive thing for us in the speculation game. We want Iraq to use every tool they have, and they are. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day. (This thread is at 6 pages and counting, and only started Monday! Solid work, @Mary B) More GOI: @DinarThug gave some attention to GOI matters, specifically the Budget and government salaries here. My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. However, the articles posted in that thread all have a similar "feel" - Kazzamie is weeding through the mess, doing positive things, moving the ship forward. Even more GOI: @yota691 brought us this article regarding Kazemi, and followed it with a couple of articles regarding a focus on preventing double taxation, referencing Kuwait... If you read the recent explanation of the Iraqi Budget and the Currency Auctions in Iraq, you know that Kuwait and Iraq have a unique situation... some of the details are murky, and hard to put in context, but it stands to reason that Iraq would create loopholes for themselves prior to announcing a significant change in the value of the currency. Kuwait will likely be first in line with their hands out, due to the legal agreement for reparations and the significant amount that is owed to Kuwait by Iraq. This stuff isn't rocket science! (I've linked to this Auctions and Budget post multiple times recently... that's a hint that it's important. ) Also noteworthy is an article DT posted in last week's Weekly update. If this kind of stuff doesn't put a smile on your face, nothing will! That's all I'm going to review for this morning - the summary here, if you hadn't figured it out yet (I'm sure you did!), is: POSITIVE with a side of GIDDY-UP. Go RRRVVVV!!!!! - Adam P.S. Get in our Powerball Pool! You can't win if you don't play, and your odds are better in a group.
  37. 36 points
    How did I know someone was going to stomp in here and summarize a couple days of work in a single sentence?
  38. 36 points
    Goooood Wednesday to you all! I'm actually starting this on Tuesday, pretty sure I won't have time to finish it in the morning, so it will probably be afternoon by the time this is posted. The reason is simple - while we don't have an RV announcement (your phone would have blown up by now!), we DO have a lot of interesting and promising items on the table. Up front and center is the new Prime Minister Allawi. As a short recap: Late last year, the former PM resigned. There were several failed attempts to replace the PM. A PM is necessary. Mohammed Allawi was instated as a possibly temporary PM. That "temporary" bit doesn't look so temporary now, because: Allawi is acting in a permanent manner. Namely: I posted some comments at that link above and I think it bears repeating here: "I love everything about how he is doing his job. He's getting work done and not allowing people to try to influence the process. This is definitely the most efficient and possibly the ONLY way to be successful at the job - make decisions, tell people what was done, and move forward." It's not surprising that he hasn't got the job done overnight. Taking the helm in this situation is a BIG job, and in my opinion Allawi is doing a stellar job and getting things done incredibly fast. to @Mary B for bringing this article: That first post should tell us how complex his job is, but again - refer to the earlier quoted post above, and my opinion is the same - Allawi is doing an impressive job. Other items of note: DJIA is down since my last update - as is Gold, OIL, and pretty much everything else. Presumably, this is related to the coronavirus epidemic... which makes one wonder, is this a government CIA cartel illuminati plot to control the financial market, is it the end of times and those of us that are prepared for the Zombie Apocalypse are the only ones who will survive... or is it another bird flu / SARS / mad cow disease scare that is going to blow over in short order? Bird flu lasted a year, SARS maybe two years. I'm guessing the coronavirus epidemic will be about the same, but there's always the chance I'll be thankful I have my stockpile of metals, bullets, and MREs. That's why we have those things, of course! Bitcoin is also slightly down since my last update, but going back only 3 months shows it's really up about 15%. Nobody really has a clue how or when any crypto will go up or down - that science is even murkier than the Iraqi Dinar - but don't forget about the halvening coming up in 75 days! The last halvings have resulted in massive spikes - about 10X, both times according to this article. Personally, I'm HODLing! Don't forget to get in the Powerball Pool! Last (but not least), GOOOOO RRRRVVVVVVV!!!!!! - Adam
  39. 36 points
    Good morning all, and Happy Wednesday! I'm a bit slammed with non-dinar related work, so just a short update today. I do have more, but it should hold till the weekend. DJIA is solid over 29,000. BTC is on a strong hold over $10,000. A sincereto everyone for the awesome work in this thread: If you had any questions about the current progress of Allawi, just check the last page or two on that thread! (Currently page 5 and 6, it might be well past that by the time you see this!) You may have noticed a lack of chatter about "protesters" over the last week or two... that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report. I am very interested in seeing a continuation of this one: I think that all makes for a pretty fantastic Wednesday update, even if it is short! I've got some work to get done, y'all be good, happy, and keep up the good work... Gooooo RRRVVVV!!!!! - Adam
  40. 36 points
    As to Turkey's role in Iraq, America can punish the Turks with sanctions, that's true. However, America also has carrots for Turkey, as well as sticks: America can also use it's influence to reward Turkish financial interests in Iraq. Such as: Turkey has some of the biggest construction firms in the Middle East, such as The Agaoglu Group. It will take a massive effort to re-build Iraq. The Turks can make a lot of money helping to re-build Iraq, if things work out. The Chinese are already on-board. This can work. By America pulling back from protecting the Kurds in Syria, it sends a message to the Kurds in Iraq. This has practical implications for the Kurds in Iraq. The message is pretty loud and clear, if you follow the region: America no longer is protecting your interests. This forces the hand of the Kurds in Iraq. They have to quit being a pain in the neck, forget about having an independent country, not gonna happen. The background is: because there are Kurds in Iran as well as Turkey, as well as Syria and Iraq, when America doesn't have the backs of the Kurds in Syria, that's a strong message on American intentions in Kurdistan in Northern Iraq. The message for students of history: No one at this point is going to re-draw the map of the Middle East. Those days are gone, by about 100 year, since the Sykes-Picot Agreement redrew the political lines in the area. Obviously that agreement was flawed, it left out the Kurds, didn't give them a homeland. That's a shame. However: It's too late for them now. Kurds have to make peace with Baghdad and the other leaders in countries with Kurds. So no, the Kurds are SOL....America won't back you anymore, for your new Kurdistan Dream..... Is America just being a jerk? No, the reason is practical: The reason is, we don't need the oil in the Middle East any more, so we're leaving. Too bad, Kurds..... Make peace with your neighbors, your dreams of a homeland were squashed by American innovation on fracking oil, which means we don't need ME oil, so Kurdish dreams of a homeland were just killed permanently by both technical innovation combined with foresighted political leadership by President Trump, who as per usual, is miles ahead of everyone on political vision. So to the Kurds America is saying: make peace with the rest of Iraq, pass the oil law, revalue your currency, open up to the world. Then you'll make a lot of money. Don't want to, Kurds? Then I don't care. Talk to the hand and go fight the Turks, fight Baghdad. Not America's problem any more.
  41. 36 points
    Good day all! Today is Wednesday, 14th of August 2019. Last week we had some good comments - let's keep that going this week. We are at the end of Eid al-Adha, but that's not a holiday that brings business to a complete screeching halt like Ramadan. There is a lot of movement regarding the HCL, like the article below... I feel like handing out some awards this morning! Two trophies go to @DinarThug - one for the hilarious crypto related GIF, ... and the next for a solid HCL related article: @Pitcher takes a medal for the solid GOLD post: This Iraqi dinar RV really looks like it's in the final stages, like the last swirling bits of something being poured through a funnel. In your opinions, what's upcoming on the Iraqi RV schedule? Comment below and let's hear what the group has to say on important upcoming events... there aren't many left. GOOO RRRRVVVV!!!! - Adam P.S. If you subscribed to the brew's free newsletter, you'd already know about this salmon cannon... nothing makes my morning (check out the first response to that tweet) like some unnaturally flying fish!
  42. 36 points
    Happy Saturday all! The week was long, my apologies for getting this up so late... ... fortunately, I do not have to apologize for anything in Iraq. I know most of you don’t read the entirety of all the threads (who has time??), so I’ll bring a couple of important notes here. This one, in particular, spells out EVERYTHING. Iraq needs HCL (oil law) to really kick things into high gear. The oil law is many things, but of extreme importance is it’s scope regarding Kurdish relations with Baghdad inside the country. You don’t have to do more than skim the following to see that this is ALL about that... and pretty much 100% positive. That’s excellent stuff regarding the HCL, so I’ll leave that one for now. I have a question for the members here - I have my own opinion, and I’ll share that in an upcoming update. The “budget” - specifically, this: There are a few “known” budgets. The operating budget that’s currently in place and a supplemental budget scheduled for September. We can argue that there are more than that, but let’s keep it simple. I’ve seen a few comments regarding the possibility, or even impossibility, of a change in the rate without the “next” budget in place. This seems to suggest that people think a budget must be released that accurately accounts for an increased exchange rate. This means Iraq would give the world a large notice that they intend to change the exchange rate before they actually do it... am I reading the comments wrong, or is that really a belief held by some of the members? If it is, I just want to understand your logic. That's enough for now, I’ll follow up on that somewhat loaded question in a couple days. - Adam
  43. 35 points
    Good morning all, and happy THURSDAY! Before I get into the Iraq portion, I want to wish you all a safe and grateful memorial day. This community is filled with many veterans, and I'm thankful to all of you that I can thank here and also those that won't read this message. We are blessed to be here, and we wouldn't be if not for the many who sacrificed for us. We have a bit of a doozie for today - it's really more of a big picture post than a laser focused announcement, but it is important. It's a doozie, not because it's long and detailed... rather, because it's a bit tricky to piece it together in your head - especially if you're new to the topics or haven't read all of the background information. With that in mind, I decided to keep this simple and short. Let's start with a little irony - I was partway through a writeup on the anniversary and re-signing of EO13303, and it seems some of the community here was on the same page: Answer: Yes. As posted on, "Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, within 90 days before the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date." I think we all expected President Trump to continue in this tradition, but more importantly we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise." Guess what else had a major impact on Iraq and was focused on the DFI (Development Fund for Iraq)? Chapter 7. Chapter 7 was imposed on Iraq and prevented them from acting as a fully sovereign country. It effectively prevented them owning or possessing the means to protect themselves. It was instrumental in tossing Iraq back into the stone ages, like slapping a felony on someone looking for a job at a gun store. Iraq could not have maintained or raised the value of it's currency while under Chapter 7. Iraq is no longer under Chapter 7 restrictions. If you read the recent article explaining the CBI Auctions and the Iraqi Budget, you probably remember seeing the DFI mentioned there as well. Chapter 7. EO 13303. Auctions, Budget... and they all tie into the DFI, the Development Fund for Iraq... suspicious, or obvious? I think it's obvious. I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when". That's a private matter for you regarding your account - it's best to let my staff help. Rendog, sorry I missed your post there! You are correct, I've addressed it in the past. As a VIP member you have free access to the RV Intel book - grab it here. The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral. The book RV Intel goes into more depth. ============= There is a lot going on right now - Kazemi-RV-KAZZAMIE continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. A completely different person by the name of Mustafa al-Kadhimi is also kicking butt at his job... wait, that's the same person. Iran has lost a ton of ground in Iraq, Kazimi-Kazemi-Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile. Enjoy your holiday, friends. Be safe, thank your vets, and GOOOO RRRRVVVV!!!!!! - Adam
  44. 35 points
    Printing currency Devalue the dinar No money to pay salaries covid19 Curfew from 5/22 to 5/30 ISX also closed same dates Suddenly RV
  45. 35 points
    The trade bank of Iraq was started by the u.s. after the invasion and until the cbi was fully in charge. That bank was suppose to be dissolved in 2008 but it is still there and a main source of u.s. illegal funding. Ask yourselves. Why are the dems fighting so hard to get trump out? It's not because they don't like him. Lol. He follows the money. The next shoe to drop for biden is the Iraq file. From the day we invaded we have bilked this country, and it got worse under Obama. Human trafficking, human organs, etc accelerated massively during this time. No one realizes how much money is involved in that. War is not just the obvious we see like oil, gold etc. It's the sick **** underneath that reaps the most. I have read countless articles during Maliki reign of bodies found all over that country with the organs missing. Let's not forget the letting out of albagdadi that the u.s. had in custody in iraq. We pulled out and Maliki let him free. Why would he do that? He was a Sunni, Maliki hates Sunnis. Assad let Sunnis out of prison in Syria at the same time. Why? Some will laugh at this but izzat douri the number 2 in the deck of Saddam's cards was making deals with Iran. Iran funds isis through a proxy Sunni and voile you have an Iraqi invader and now here comes Iran to save the day. Now they are not only in your country they are ruling your government. All this plays into the hands of the one seeking the Iranian nuclear deal. Let that sink in. Where did all the yezidi woman go that were captured by isis? Not all stayed with Isis. They were farmed out to every piece of scum like the Epstein and the Clintons. Their global initiative was just that. To globally fund the sickest pieces of Crap with young displaced women. The list goes on and on. Remember what trump did. He signed an executive order on human trafficking. Anyone caught doing it would receive the harshest of sanctions. Why with all the things going on would he make sure that this was such a high priority? Those dinars that Iraq had to pay Iran with by trumps order? They are marked. When this rv occurs all those serial numbers are not gonna be worth anything. Shoot I could go on forever, but solemeini was the tipping point. Trump says he doesnt want regime change. Yes he does. It's the only way things will change. Rudy guilliani said it best at trumps new years Eve party. I got all the documents, and it goes as high as the highest part of the Obama administration. That's what trumps after!!
  46. 35 points
    God Bless you My Friend. None of us have to agree on everything, but it is my most sincere prayer that we will never forget those who have given their lives in the name of Freedom. God Bless our Fallen.
  47. 34 points
    Good morning DinarVets! So, day 1,354,298 of the lockdown... we now know everyone's actual hair color, most of us have forgotten how to tie our shoes and "pants with buttons" are things of the past. Other things that have changed - Today would normally be "tax day" in the USA, but not in 2020! Thanks to the Kung Flu, that deadline has been extended to July 15. Everyone's personal situation is different, but I have to wonder how much more things are going to change between now and July 15... we can't just keep printing money and keeping people at home and expect it to all work out ok. Don't take that the wrong way - I'm in favor of social distancing during this time. But I'm also in favor of being real about the overall effects, both immediate and long term. The "dislike" button has been removed from DinarVets because I felt it was being abused and there are some members who only come here to hand out the rubies. Life is too short to be angry and bitter, my friends! I left the other reaction options - spread some love, you'll like it. ❤️ Bernie Sanders, Elizabeth Warren, and Barrack Obama have all officially endorsed Joe Biden as the man to take down Trump. I'm curious who you all believe he will choose for a running mate? Kamala Harris appears to be the odds favorite, but tell me what you think! On to the Dinar - education is key in many things, especially when it comes to just understanding how it works. I explained how the Auctions and the Iraqi Budget work in pretty simple terms recently (you can find that here), and this article posted yesterday by @DWS112 ties in to those topics. OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway! Perhaps the most interesting Iraqi thread of the week (so far!) is this one: I say "so far" because one of these days we're going to have a huge winner in the Powerball Pool, and it may as well be today!* Get in here. *The lottery is a random chance. The IQD is not random. But if you play the lottery, you may as well join us in there! That's all for this morning, my friends! Stay safe, stay clean, cover the coughs and wash the hands, and GOOO RRRRVVVVVV!!!!! - Adam
  48. 34 points
    Gooooooood morning Dinarvets! There is a lot to discuss, but time is short for me this morning. I'm going to do this update somewhat "shorthand". WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. Related articles here. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! That's it for now. Keep your heads up and don't let the holidays stress you out! - Adam
  49. 34 points
    I should have just came out and said it, sorry for beating around the bush
  50. 34 points
    GREAT NEWS.!!! After today’s federal court decision Diyala, Kirkuk, Salah ad Din and Ninawa will become part of the Iraqi Kurdistan region. I bet the Kurds are very happy. This will help to pass HCL. Go Art 140 Go HCL Go RV Go $1:1

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