Adam Montana

Note the bolded portion... and then note Iraq's response: Read between the lines here... he repeated the word "voluntary" at least twice, and what he means is that they will do whatever the heck they want, when they want.

Link: https://oilprice.com/Energy/Crude-Oil/Is-OPECs-No2-Finally-Complying-With-Output-Cuts.html Article: Is OPEC’s No.2 Finally Complying With Output Cuts? By Tsvetana Paraskova - Jun 09, 2020, 10:00 AM CDT Join Our Community OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously. Iraq’s State Oil Marketing Organization (SOMO) has asked some of the Asian buyers of its Basrah crude grades if they could give up delivery of some already contracted cargoes for loading this month and next, sources familiar with the matter told Bloomberg News on Tuesday. The request for buyers to forgo some cargoes for those months suggests that this time, Iraq may be earnest in its attempt to play ball in the OPEC+ production cuts, after being the biggest cheater in all previous pacts. Iraq’s (as well as Nigeria’s) non-compliance with the record OPEC+ cuts in May nearly wrecked last week’s meeting of the pact, ahead of which the two leaders of the group, Saudi Arabia and Russia, had insisted that there would be an extension by one month to the current level of cuts only if laggards in compliance ensured over-compliance going forward to compensate for flouting their quotas so far. OPEC+ agreed on Saturday to extend the record production cuts of 9.7 million bpd by one month through the end of July, contingent on all countries in the pact complying 100 percent with their quotas and compensating for lack of compliance by overachieving in the cuts in July, August, and September. Before the meeting, Iraqi Deputy Prime Minister and then-acting Oil Minister, Ali Allawi, vowed that his country would further reduce production as it remains committed to the OPEC+ pact. At the video news conference following the OPEC+ meeting, Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, emphatically said on Monday that “We have no room whatsoever for lack of conformity.” Today, Iraq’s new Oil Minister, Ihsan Abdul Jabbar Ismaael, confirmed in a phone call with his Saudi counterpart Iraq’s “full commitment” to the cuts, OPEC said in a press release on Tuesday. Iraq confirms “its commitment to the voluntary oil production adjustments of June and July 2020, as well as the voluntary adjustments for the period following the end of July, despite the economic and financial challenges,” Ismaael told the Saudi energy minister. By Tsvetana Paraskova for Oilprice.com

We all have weak moments

Coming down the wire indeed!

Go IMPLEMENTATION!

First actual LOL of the day!

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: https://en.wikipedia.org/wiki/Mustafa_Al-Kadhimi#:~:text=Al-Kadhimi 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

Found this article this morning, hope it's not a repost here. Good information on the new PM. Link. Following a political crisis lasting more than seven months, in the midst of widespread protests in southern and central cities that prompted former Prime Minister Adel Abdul Mahdi to resign, Intelligence Director Mustafa Al-Kazemi succeeded in forming a new government. The Iraqi parliament gave a vote of confidence on 7 May following failed attempts by Muhammad Tawfiq Allawi and Adnan Al-Zurfi to do the same. A Change in the Rules of the Game? Giving confidence to Mustafa Al-Kazemi’s government contradicts every rule of political action that Iraq has known since the American invasion. Al-Kazemi is the first prime minister who does not hail from the leaders of the parties that seized power in 2003, despite having worked with them. He is also the first prime minister to display clear liberal inclinations and strong ties to the West by virtue of his longstanding engagement with the Iraqi opposition during the 1990s. It can be said that Al-Kazemi marks the ascent of the second generation of Shi’i politicians. Although this generation was raised in the Islamic incubator, it turned out to be more pragmatic, and more liberal, despite its ties it to the traditional Shi’i Islamist regime. The former Prime Minister, Haider al-Abadi, played a major role in the emergence this generation, to which the former candidate for prime minister, Adnan al-Zurfi, belongs. Al-Abadi — a leader in the second line of the Dawa Party — was the one who nominated the relatively young Al-Kazemi (born in 1967) for the position of the head of the intelligence service in 2016, and the two men share a close relationship. For these and other reasons, Al-Kazemi has elicited doubts from political forces close to Iran, who opposed his candidacy for the position more than once when his name was nominated. Indeed, it would not have been possible for Al-Kazemi to assume this role had it not been for changes in the Iraqi political scene brought about by the massive protest movement that started in October 2019, in addition to regional and international transformations centred around Iraq, especially since the US-Iran tensions in the Gulf last summer, culminating in the assassination of General Qasem Soleimani, at Baghdad earlier this year.[1] New Rules for the President The resignation of Adel Abdul Mahdi's government came in late November 2019 in response to popular pressure and the demands of the protest movement. These were supported by the Najaf marja’ and exacerbated by hundreds of deaths by the security forces and militias affiliated with Iran. Shi’i marja’ Ali al-Sistani demanded that parliament choose a new “non-controversial” prime minister and that the protesters accept it. In November 2019, the demonstrators finalized their demands, which were quickly adopted by political forces, religious authorities, and intellectual elites, and had the support of the United Nations. Among the most important demands was the resignation of the Adel Abdul Mahdi government — accused of condoning the killing of hundreds of activists — and the formation of an interim transitional government whose primary mission is to organize early and fair elections under international supervision to prevent a cover-up and reveal the activists' killers. President Barham Salih took advantage of this atmosphere to change the prevailing political rules in place since 2003, declaring his rejection of at least three main candidates nominated by parliamentary blocs close to Tehran in parliament to succeed Adel Abdul Mahdi. Although the position of the president provoked many Shi’i parties who never imagine that the president could challenge them, Salih maintained his position based on public demands, and announced that he would not be able to appoint a candidate that the protest movement would not be satisfied with. The President first rejected the candidate Mohammed Shia' Al Sudani, nominated by the Fateh Coalition, the parliamentary arm of the Iranian-allied militias on 13 December 2019. On 22 December, the President rejected the nomination of Qusay al-Suhail, who previously served as Minister of Higher Education. On the 26th of the same month, the president refused to allow the nomination of Asaad Al-Eidani, the governor of Basra, to form a government. In fact, as a president who did not come from Kurdistan and who lacked the support base needed to wage such confrontation with influential Shi’i forces, he would have no way out were it not for the fact that other parties have supported the protest movement. This includes the Najaf marja’ that has supported the demand to nominate an independent prime minister whose main task would be to organize fair elections under international supervision. Najaf has encountered Tehran's disapproval here because it will practically change the balance of power in favour of the protest movement, and reduce the representation of Iranian-affiliated political forces and militias. These forces became over-represented in the 2018 elections, due to the impact of their victory over the Islamic State organisation. President Saleh broadcast a lengthy speech to Parliament on 26 December in which he said he would rather hand in his resignation than accept a candidate rejected by protesters.[2] With the President’s insistence, backed by the protest movement's position and Najaf on rejecting candidates affiliated with Tehran, three candidates were put forward from February to April 2020. The first of them (Muhammad Tawfiq Allawi) faced Sunni Kurdish objections to his disregard for them, and the second (Adnan Al-Zurfi) met Shi’i opposition because was nominated by the President without consultations with the majority Shi’i blocs. Finally, exceptional circumstances succeeded forced the various camps to hold a serious dialogue with the last candidate Mustafa Al-Kazemi. Allawi was forced to withdraw his proposed government on 1 March after Parliament failed for two days to achieve the quorum necessary for a vote of confidence, and the Kurdish and Sunni blocs submitted a fundamental objection because the government did not include their party shares. Adnan al-Zurfi, a former governor of Najaf who has a strong relationship with Washington and supports youth organizations that oppose religious parties was put forward on 17 March. His candidacy posed a great challenge to most of the Shi’i political forces who found that their "right" to nominate the prime minister had been confiscated by the president. The Kurdish and Sunni political forces maintained neutrality, understanding the importance of the Shi’I camp’s approval of the prime minister, which led to the withdrawal of al-Zurfi, and the nomination of Al-Kazemi on 9 April 2020. Iranian Turnaround Parliament’s vote of confidence to Al-Kazemi’s government was a surprise to many, as just days before the session, Al-Kazemi was strongly rejected by Tehran’s allies. Since the outbreak of the October 2019 protests, Shi’i militias made accusations of preparations for a coup that will bring him to power.[3] Rumours and questions have also been raised about his responsibility as head of the intelligence service, or even his involvement, in facilitating the assassination of Qasem Soleimani at Baghdad airport.[4] The shift of some Shi’i political forces to give confidence to the Al-Kazemi government (the State of Law coalition headed by former Prime Minister Nuri al-Maliki maintained its rejection) is due to a change in Tehran. The Iranians were taken aback by the size of the protests against interference in Iraq’s affairs, especially in the central and southern Shi’i majority cities, as protesters targeted symbols of Iran and its allies in Iraq, including their consulates, in a remarkable display of patriotic sentiment demanding that Iraq not be implicated in international crises. The nomination of candidates unaffiliated with Tehran is an indication of a victory for the protest movement. This has prompted some political forces close to Iran to recalculate for fear that they will pay the price in the upcoming elections. Iran would not have continued to reject the candidates indefinitely after expressing reservations about Allawi and rejecting Adnan al-Zurfi. This was also a reference to Iranian attempts to reach a settlement that could continue to rule Iraq, or to calm with Washington, which seemed to stand strongly behind al-Kazemi. The New Government In the formation of his government, Al-Kazemi chose figures from within or close to the protest movement and pledged to fulfil its demands, despite the likelihood of success being unclear, especially regarding the disclosure of the killers of the protesters. It seems that Al-Kazemi wanted, by including figures in the movement to his government, to convince the parliamentary blocs that the only way to save the regime from collapse is to respond to the demands of the public. But the differences seemed deeper than simply distributing ministerial portfolios, and this is especially related to Iran's concerns about the status of its allies in Iraq and the immunity it wants for them, as well as the future of relations between Baghdad and Washington, while Al-Kazemi refuses to make major concessions. Al-Kazemi’s position was recently strengthened after the decision taken by the marja’, Ali al-Sistani, to separate thousands of Marja’ fighters from the PMF and place them in the Ministry of Defense. This included the Imam Ali Brigades, the Brigades of Ali al-Akbar, the Abbas Brigade, and the Ansar al-Marja'iyya Brigade.[5] After difficult negotiations, Al-Kazemi succeeded in gaining confidence of two-thirds of his ministers during an extraordinary session of Parliament. But the government's latest form caused frustration among the protesters, as Al-Kazemi was forced to sacrifice several his experienced and competent ministers who were considered supportive of the “October Uprising.” However, Al-Kazemi’s loss in this regard is matched by his success in appointing officers independent of the influence of militias loyal to Tehran, in the Ministries of Interior and Defence. In addition, the Intelligence and Army Staff and the Counter-Terrorism Service, an important Iraqi commando apparatus, remained practically subordinate to him. Al-Kazemi, upon assuming his position as prime minister, made a decision to return Lieutenant-General Abdel-Wahab Al-Saadi to the leadership of the Counter-Terrorism Service, after being ousted by former Prime Minister Adel Abdul-Mahdi as a result of complaints by militias loyal to Iran.[6] Challenges Facing the al-Kazemi Government Al-Kazemi’s government faces major challenges, foremost in addressing the repercussions of the Covid-19 epidemic that has paralyzed the country. But the biggest challenge is the subsequent collapse of oil prices, as the government will shortly become unable to pay public sector salaries after a decade of significant inflation as a result of quotas between the parties that divided up the state and led to jobs being handed out to party members and supporters. Moreover, Al-Kazemi will have to fight to implement a state monopoly over arms, a goal which he has clearly declared to be part of his government's agenda. This will bring him into a real confrontation with the Iranian-backed militias and their associated networks. Al-Kazemi will also need to establish a balance in his relationship with Tehran and Washington in order to ensure that his programs and government policies are not obstructed. His first steps in this direction will be the management of the strategic dialogue between Washington and Baghdad expected to begin this summer, as the two sides will study the US military presence in Iraq and levels of cooperation, after Tehran and its allies failed to compel Washington to rapidly withdraw troops, following Soleimani's assassination. And it is more likely that Al-Kazemi will be able to save Iraq from financial and diplomatic isolation that was under consideration in Washington, in light of the accusation that the former Prime Minister was too far under the influence of the militias loyal to Tehran. In his movement, Al-Kazemi enjoys the support of balanced parties, such as the Marja’ of Najaf and secular and Kurdish forces, but groups influencing the October movement see that the current regime suffers an irreparable defect. However, during the past two days, the youth groups represented by the protest movement seemed to be more inclined towards allowing him an opportunity as a compromise between the demands of the movement and the interests of the parties and forces dominating the political process since 2003. This may represent a window to gradual change that is less costly than toppling the regime and, the hope that elections that Al-Kazemi pledges to hold will change the balance of political forces in Iraq. [1] See Al-Kazemi's biography as a mediator resolving disputes between the Iraqi parties over 15 years: “After turning the table ... Who is Mustafa Al-Kazemi?”, Nass News, 26/12/2019, accessed 11/5/2020, at: https://bit.ly/3cq6l1A. [2] Muhammad Tawfiq, “The President of Iraq Threatens to Resign if a Temporary Prime Minister is Not Agreed upon”, CNN Arabic, 23/12/2019, seen on 11/5/2020, at: https://cnn.it/3dCbpjE. [3] Aktham Saif Al-Din, “Al-Kazimi's Nomination Strengthens the Division between Armed Factions in Iraq,” The New Arab, 12/4/2020, accessed 12/5/2020, at: https://bit.ly/2Lljw8c. [4] “Accused of Aiding in the Killing of Soleimani ... Who is Mustafa al-Kazimi Charged with Forming the Iraqi Government?", Al-Hurra, 4/4/2020, accessed 11/5/2020, at: https://arbne.ws/2AjT4tu. [5]Suadad al-Salhy, “Iraqi Shia leader Sistani Moves to Break Iran's Grip Over Militia Movement,” Middle East Eye, 1/5/2020, accessed on 12/5/2020, at: https://bit.ly/35S7wVq. [6] “Al-Kazemi Appoints Lieutenant General Abdel-Wahab Al-Saadi to Head the Counter-Terrorism Agency,” Russia Today, 9/5/2020, accessed 12/5/2020, at: https://bit.ly/2YUXAZM.

Step one! Moving right along Didn't it get stated just last week or the week before that we were leaving whether they like it or not? Kind of amusing how things get restated and repostured

Quick post here... "ledger" can be confusing. Every company has "a" ledger, as defined: But "ledger" can also refer to a cold storage device that you put XRP, BTC, and other cryptos on, similar to a trezor.

Halfway to Christmas Is it time to hang lights?!! 02 10 14 41 46 PB 10

I’ll take 4.5 ministers and an HCL for a quarter, Alex! I think you’re a little off there - Trump has a way of getting under people’s skin with his mouth. He says things he shouldn’t, speaks in ways that are unbecoming to a President, and lacks humility and grace in 99% of the things he says. But I think it’s a mistake to think that he CANT keep something quiet. His mouth is a weapon that he uses masterfully, and when he’s offending your sensibilities on one topic or another, it may just be that he’s avoiding talking about something else, and all the people calling him an idiot for “how” he speaks are kept busy that way while his other plans and goals move forward. Just my Good stuff Pitcher. I wholeheartedly agree on the China deal - uniting Hong Kong with mainland China is a bad long term move on their part.

*are

It has indeed, and yes we do!

yeahhhh baby!!! its coming :)

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!

I agree - and there's more going on on that front as well. I'm just wrapping up my Weekly Update and I talked a bit about it.

08 20 40 44 61 PB 17 Can't wait to split this up with you all!

There we go :D

Added that one to the board, it can now be used via the editor or with code : flagsmiley : :flagsmiley:

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 whitehouse.gov, "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

Happy Wednesday everyone! I hate pushing these weekly updates back even an hour longer than necessary, but I'm slammed with obligations today.... which is unfortunate because I have a half written update that I'm enjoying writing! Feel free to take advantage of the "Reply" button below and post any questions you have, and I will continue later tonight or tomorrow morning. GOOOOO RRRRVVVVV!!!!! ======= ***Update: Weekly chat ended up on the second page HERE.

Appreciate your posts, Pitcher!

Things are REALLY looking different this time around! Fingers crossed here too Bwahahahaha! I'm not making any predictions on what will happen with TB... Bill and him made an amazing TEAM, and I won't minimize Tom's amazing talent but it's not a one-man show. Regarding the Iraqi people and "what would happen" - my guess is the same thing that is going to happen to 90% of us. Any "wealth" acquired via the RV will be blown within a couple years, transferred back to the top 10%, and within 5-10 years that will filter back to the 1%. Ironically, those numbers correlate to the percentage of members here who understand the value of VIP.

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