[Adam Montana Weekly 23 March 2019]

4 hours ago, savoy8060 said:

Lets hope the NSA doesn't meddle again

Nobody needs to meddle with this for Iraq to screw it up 

[Question for this weeks chat]

1 hour ago, ChuckFinley said:

No, you are still good. 

Thank you, thank you very much.  Was busy all day so I thought i better make sure i didn't miss Adam's post. 

[Question for this weeks chat]

Did I miss the chat today ? 

[Parliamentary finance identifies a reason why coins should not be minted and advises such a move]

1 hour ago, jaybake said:

Those people who disagreed with my opinion, please give me the reasons. I have been in this investment since 2004 and I have seen same old arguments over and over again.  Nothing new  under the sun.  Of course, I still believe in RV if God's willing.  It has to be a miracle from God, otherwise, I can't see how the Iraq will RV its money.  I have read both side of the arguments and concluded that we need a miracle from God.  Therefore, please pray that God will grand us this dream that we all have been waiting for. lol

Gave you a positive to help offset the negative 

[Parliamentary finance identifies a reason why coins should not be minted and advises such a move]

24 minutes ago, bostonangler said:

 

True that!!!

And Floridian, I might ask, who says Iraq is telling us this is the time? They've been saying SOON for the 10 years I've been here.

 

B/A

It's a good way for them to push this worthless paper we have. Maybe everytime they say it's going to happen people jump on the band wagon and purchase the dinar. Iraq making good money on these notes. 

[Question for this weeks chat]

Adam, question for you.  Since Iraq can't give US Dollars to Iran what currency did they use to start paying Iran?  And if it was dinar do you really think this will revalue because Iran will come out smelling like a rose if it were to revalue ? 

[Iraq confirms not to rely on Iran in the main energy field]

Bump

[Adam Montana Weekly 14 March 2019]

Adam, question for you.  Since Iraq can't give US Dollars to Iran what currency did they use to start paying Iran?  And if it was dinar do you really think this will revalue because Iran will come out smelling like a rose if it were to revalue ? 

 

[Halabousi and al-Amiri discuss the files of the vacant ministries and the acting state administration]

7 minutes ago, WheresmyRV? said:

Starting to look like 2019 is gonna be another wasted year with this.

Yup

[Adam Montana Weekly 14 March 2019]

Thanks Adam 

[Iraq confirms not to rely on Iran in the main energy field]

14 minutes ago, Floridian said:

 

I was thinking if they signed a contract for $1,000,000 (because Iraq deals in dollars at this time), when the dinar revalues Iran would get $1,000,000 worth of dinar, instead of dollars.

That is true but if the value goes up from the worthless value it is now and let's say goes up to let's say 1 dinar equals 3 US dollars I would think they would come out smelling like a rose.  

[Iraq confirms not to rely on Iran in the main energy field]

33 minutes ago, ScaryMary said:

If they paid in physical bills I could see where there they would get a wind fall when the CBI revalues it. . .  . . But if they paid electronically wouldn’t it just remain the same original payment amount? 

So what you are saying if they got 100 million electronically at .00086 dollars per dinar and it revalued to .86 their value wouldn't go up. 

Nope it will go up just like our Bill's just like if we deposited them in the bank and the value went up so would our bank account value go up. 

[Iraq confirms not to rely on Iran in the main energy field]

Here you go Iran let Iraq pay you back in Dinar but if you hold onto the dinar it will RV and be worth a lot more than they paid you.  So it's a double whammy against Iraq. I figure if Iraq is paying back with Dinar it will not revalue.  Sorry about pissng on your wheaties again. Think about this ( where does it say they have to revalue and can't run off the value it is right now ? )  they are using it now to pay back Iran.   Dont get me wrong I would love it to RV. Heck I have been sitting on 2 million my first purchase was back in 2005, been on this ride for a while now.    

 

[Parliamentary finance identifies a reason why coins should not be minted and advises such a move]

19 hours ago, Miamiheatnic said:

This is probably a dumb question but if they deleted the  zeros, is that good or bad for us?  Is that different than the RV or are they connected?  Sorry again.  Just trying to clear up confusion.  Thank you all.  

From what I understand there is different ways to delete the zeros. Off the Bill's 25000 if you delete 3 zeros would be 25 this is called a redenomination.  And you have it where they drop it from the actual value called revalue this is where if the dinar is worth .0008567 per dollar they drop the 3 zeros off the value and make it .8567 per dollar. 

Feel free to correct me if I am wrong.  The redenomination I wouldn't want because they could do this without increasing the value of the dinar.  Yup your 25000 note would be worth 25 and your 10000 note would be worth 10. I am hoping smaller bills and coins come out

 When that happens it will be hard for them to drop it off the bills because of the confusion. 

[XE.COM USA - IQD]

Here is a silly question

Doesn't the dollar fluctuate with the world market, if so wouldn't the value of the dinar reflect that fluctuation?  Has anybody checked to see if other currency fluctuated. ?  I dont mean to piss on anybody's Wheaties but we all get excited when this happens. 

[Civil Defense announces 27 fires in Baghdad and governorates will be put out within 24 hours]

Maybe they are burning their pallets of dinar, because it is taking up to much space.  

[Region: Joint Committee will soon begin to resolve the differences between Erbil and Baghdad]

42 minutes ago, lmb4321 said:

Thanks for the update.......Let's hope some more good news in the coming days.....

I like how you did that.  ( in the coming days )  that's like saying ( soon ) 

[The Wall Street Journal: Iraq is one of the countries fighting money laundering and financing terrorism]

I have auto insurance just incase I need it, have never used it.  I keep my dinar just incase it RV's it seems like I wont be using the dinar either. 

[Halabousi and al-Amiri discuss the files of the vacant ministries and the acting state administration]

In the coming days is their new way of saying soon. They have to mix it up so we think this will happen.  But soon means ( ain't going to happen ) 

[Barzani meets with Mahdi re: HCL (?)]

56 minutes ago, NEPatriotsFan1 said:

He meant 4/1/19 if you look further up the thread.... which is also April’s fools day....  which let’s be honest a lot of us fools have been here 10 years plus so it’s kinda fitting don’tcha think?! 😂

April 1st would work for me.  I have a Dr appointment that day and this is the one where either he releases me back to work or I go for retraining.  I would rather just retire with my RV'd dinar. I have been in this since 2005. 

[Report: The local purchasing power in Baghdad is 9.21% lower than Erbil]

48 minutes ago, jg1 said:

Yes. And coming days means coming years.

And soon means...

   Just ain't going to happen 

[Adam's update]

3 hours ago, TexasMike1958 said:

 

and what an update it was....  sorry you missed it.

 

Oh. I read it now and it looks great.  

[Adam's update]

Thank you 

[Adam's update]

Will we be getting a update this week from Adam?  Just wondering because I missed last weeks and now I can't find it. 

 

Thanks 

[RACING: Private sector drive economic development and the government to launch its facilities]

37 minutes ago, DWS112 said:

Doesn't sound good. Reduces what we are holding?

Yup that is how I read it