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  1. Good evening everyone! I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived. I'll be back with the rest as soon as possible. - Adam
  2. 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
  3. 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
  4. 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. Good morning all! Our hearts go out to those affected by Hurricane Dorian. Although it ended up being a much smaller disaster than it could have been - the weather over the last week has still been disastrous to many. The people of the Bahamas have been hit hard. Seriously, folks... Anyone wishing to help may want to take a look at this page: https://www.bahamas.com/relief On to Dinar! I'll start with the basics. OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress. Next - delays, holidays, corruption, oh my! I can't help but notice occasionally as I'm reading the news out of Iraq that people tend to get bent out of shape when they see words like those. There are times when I read the news and I think "this isn't going to help" - but there are other times when we can see a story and even though it uses the words "delay" or "holiday" or (*insert anything here), that doesn't mean "all is lost". I think it's more important to have a "big picture" mentality. If you adopt that, you'll realize that the more news we are seeing about "Oil and Gas", which is precisely the topic we want to hear about... the more we hear about it, the more we are going to see the words "delay", "issues", etc. My point is that if we are hearing those words more than we usually do... this is actually a GOOD thing. It means they are paying attention, my friends. It means they are actually working on the important stuff. That's enough to make me happy on this particular Wednesday. Cheers, to getting closer to the last time we care about how much they mention their "holiday" schedule! GOOOO RVVVVVVV!!!! - Adam P.S. Let's all give a little root for this one:
  6. 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
  7. Happy Friday all! I'm just going to give everyone a brief... briefing. You know anytime the Gurus start harping on the "800" numbers, the news is slow. This time is no different... we've heard nada about anything HCL related in about a week. Bad news - we haven't heard anything HCL related. Good news - once we DO hear something about HCL, I think it's going to be an avalanche. That's it for the briefing! Told you it was going to be brief Good vibes over in the "Go Iraq" thread - I'd suggest hanging out with that crowd rather than the rest of the dinar rumors section, but that's just me. Cryptocurrency is a topic of major interest to many of the members here... we have a dedicated section in the VIP area for it, but let's open this weekly update thread up for anything you want to say regarding crypto. BTC is currently at 10,400 ish, which is the current high for the day. Some pretty interesting news for crypto is on Baakt: Link: https://www.coindesk.com/bakkt-says-its-cleared-to-launch-bitcoin-futures-next-month Thoughts?
  8. Tariffs on China. Pretty sure Trump said he would. Iran mucking up the world news. Despite the above, OIL (WTI) refuses to go below $60. Uber going public... this should be interesting! Bezos... to the moon! (Pretty sure that's going to be an upgrade from your normal Prime membership.) Bitcoin refused to fall below $5000, in fact it topped $6000, Fidelity steps up again, and the SEC will give a major green light one of these days. All that, and more! Good morning everyone! My apologies for being absent a few days this last week. I had some personal matters to tend to, and they took me away from the updates I wanted to do. Don't think for a minute I wasn't on top of things! I just wasn't able to get my regular posts here done. Ramadan is officially under way, and for once in this wild ride... I'm very pleased to see how things are moving. OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we're not even a week in and we are already seeing a difference. Case in point... start here and read the next few articles. Not only are Parliament meetings continuing as of tomorrow (Saturday), but we're finally talking about OIL! OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now. I say it's not surprising because even though it's Ramadan, the timing is right. This time around, they may just surprise us. More later. - Adam
  9. 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!
  10. Good morning all! I have nothing to add to last week's update as far as my opinion goes. This thread has the most recent relevant news: One thing to note: we have a short "official" break next week. We will see if that actually affects anything... with our current momentum, I doubt it will make a difference. There is a handful of fairly meaningful posts in that thread above, and it's all recent... I highly recommend taking a look at it! Gold - hey hey! After yearrrrrrrs of flatlining, gold finally moved. Here's a good link. I know we have some diehard metalheads around here. In the crypto world - things are rocking and rolling there too! This was posted last Saturday in the VIP crypto section - leverage your crypto with this service. Pretty cool concept! https://www.coindesk.com/mastercard-co-brands-xrp-capital-backed-nexos-crypto-card So... what are your thoughts on dinar this week? How about precious metals, are we poised for a bull run? And don't forget the cryptosphere! BTC is at $11,772 as I write this... not too shabby! Comments go below. GOOOOO RRRRVVVVVV!!!! - Adam
  11. 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!!!
  12. 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
  13. DINAR - man-oh-man I can’t wait till the day I get to say “THIS IS IT”! Today isn’t that day, but it’s coming! There’s a fun phenomena about things like this in life. There’s a saying about how "success breeds success" - the most successful realtors I know continue to do well, and in fact their jobs get easier as they get more successful because deals start coming to them. Same goes for VC companies - in the beginning, they have to hunt for deals. After a couple of successes, opportunities start coming to them. The same thing has happened to me in the Dinar world. In the beginning of all this, I had to seek out contacts. I had to do a lot of traveling and palm-pressing to get information, to meet people, to open doors. These days, after being in this circle for so long and meeting so many people - things come to me. By treating people with respect and honoring the commitments I’ve made to people, many many doors have opened, and I enjoy a very solid flow of information and commentary from people who are much closer to the inner workings of not only the CBI and Iraq in general, but also many other related organizations and entities. (The same thing is true for our VIP and OSI opportunities.) I’m explaining this because although I won’t say “I think we’re going to see an RV within XX days”… I AM getting a really strong vibe right now. The timing is getting close, and the opportunity here is real. Stay positive, friends. We may not have as long a wait as some think. OIL - no problems there! Still solid, still right where we want. BITCOIN - h/t to @coorslite21 for posting this video in VIP. This is a SUPER explanation of a couple things Crypto. Of note is the SEC’s available timeline - they have a deadline of August 19, which can be postponed one more time to October 18. I believe those two dates are BIG in the crypto world. Interesting parallel between BTC and the dinar… in that YT video, around the 8 minute mark, he’s talking about people that were looking at the price of Bitcoin in 2014 and waiting for it to drop back down to the $300 range. It never happened, of course, and now BTC is around $8000. Same goes for dinar, and VIP - this is one of those things that has been brewing for years. It might seem like a long time to some of us, but BTC has done a 20X on it’s price in 3 years and there’s no going back. You can’t hop in a time machine and “buy more” at that old price! IQD will be the same way, friends! If you don’t have it now, it will be too late before you know it. And if you’re not in VIP, you’re going to have that same sense of regret. Sadness. Loss. Don’t give yourself yet another situation where you waited too long, “should have” taken action, but didn’t. Get in VIP today. You’ll thank yourself for it. I've got more, but the day isn't getting any shorter! GOOOO RRRVVVVV!!!!!!! - Adam P.S. The Powerball pool! It runs every week, whether I mention it or not. Get in here. P.P.S. Couple random thoughts... Theresa May, will this story ever wrap up? Biggest non-story ever. Stocks - I don't gamble often, but I've really been considering putting TESLA on a permanent short.
  14. 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
  15. Gooooood afternoon everyone! Well, we did it! We weathered another Ramadan, and Eid al fitr. I am going to state the obvious: Despite no RV announcement during the Big Holiday, this was a more eventful one than normal. All positive, too! Historically, many of the bigger milestones have happened around this time of year. Chapter 7 was lifted in late June, for example. A few others have also occurred right around now as well. I have my eye on some "triggers" - nothing I can put a guarantee on, and I had a work issue pop up right as I was getting started with this update, so I'll save my hypothesizing for later. I have reason to believe we are entering a unique week for the Iraqi dinar, so I have already blocked time off on my calendar for additional dinar focus over the coming ~10 days. If I'm wrong, you can tar and feather me. If I'm not wrong, we should have some interesting times ahead. Before I wrap this up, here's something I don't do very often - This thread is now open for questions. What's on your mind? ( I'm a glutton for punishment, what can I say?! And I already have extra time blocked off for Dinar this coming week, so what the heck... let's do it! )
  16. Good morning all! Today is Wednesday, 3rd of July 2019. The air is crisp... well, not really. Actually it's humid here and the mosquitos are napping for the moment, but it's still a beautiful day! Interesting times right now. GOI members are playing very nicely. Bitcoin saw that pullback I mentioned, and looks to be on the rise again. The G20 didn't produce any immediately exciting news that I've ran across, but it didn't bring us anything bad either. Back in the news, and worth a review, is the current OPEC agreement. This article I posted this morning highlights a very important point I've been harping on for some time, and even extends it - the current OPEC deal. Important notes in that article: Iraq is the 2nd largest oil producer in OPEC. (Does it make sense that it's currency is valued so low?) The production limitation agreement has been extended for 9 months - to boost the price of oil, rather than overproduce and drive the prices down. There is more in there, but let's focus on those for a moment. The amount of time the agreement has been extended isn't as important as the mere fact that it IS extended. Oil is hovering just under that $60 mark, and the stability is a great thing. Stable oil prices = comfortable accountants = solid footing to RV. (Yes, the accountants have a say!) Iraq is noted as the second largest producer... wait, what? We're talking about BLACK GOLD here, one of the most valuable commodities on the planet. And Iraq is #2... yet the currency they use is currently over 1000X weaker than the US dollar. Collectively, OPEC nations have over 80% of the world's known oil reserves... yet Iraq, the 2nd largest producer in that group, has a currency that would require 2000 pieces of it to buy a loaf of bread at your corner store. OPEC as a group agreed to keep oil production low, to stimulate oil prices. The majority of the members placed their name on the list of participants in this endeavor when it was originally voted on. The majority of the members did that... ... Iraq specifically did NOT. I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts. But they did not agree to join the group in their cuts. This gives Iraq carte blanche - complete freedom - to increase their production on a moment's notice, revalue their currency, and corner the market while they rake in cash to cover their "expenses". They may be operating on an increased production as we speak, stocking up hidden stores of oil in preparation for a huge push to bring in a massive amount of capital to cover the RV. There is more than one way to skin a cat, as they say, and that's just one aspect. The above is certainly an oversimplification of the big picture, but the fact remains - Iraq is nodding in agreement with the cuts, but they have never committed to it. NOT. ONE. TIME. Have a safe and happy 4th, everyone! If my next post is missing some letters, I'll run a contest to see who can guess which finger I may have lost. GOOOOO RRRVVVVVV!!!! - Adam P.S. As a side note, you might want to consider shorting oil as soon as the RV is announced... I know that's a gamble I'll be considering heavily.
  17. ***** edit: Adding a rare discount on VIP and some selected OSI products! Save a cool 20% with code "G20" at this link: https://dinarvets.com/forums/index.php?/store/ You'll get access to all things VIP, including our very active crypto section. Join us! ****** end edit. Happy Hump Day! There is a recurring note present in my updates recently... I'm sure many of you already noticed. The note has to do with the truth that can be found in rumors, even if the rumors themselves are not entirely accurate. I'm going to continue that today, because the rumor section seems exceptionally lively... and some of it holds some very solid truths, even if the rumors themselves have been hyper-inflated like that time your neighbor Bob caught that 28 pound perch. This time of year has historically been big for Iraq. Monumental items like Chapter 7 unfolded in late June, and there's another important event right around the corner: The G20 Summit. Here's a fairly detailed explanation: https://www.atlanticcouncil.org/blogs/new-atlanticist/the-g20-summit-explained Excerpt: You probably noticed that Iraq is not on the list. In that case, it might not be immediately obvious why this even matters to us, so I'll explain a small part of it. Even though Iraq isn't technically "present", it's not difficult to understand that anytime oil, money, gold or gifts leave Iraq - they are touched by one or more of those major players listed above. For Iraq to be successful in raising the value of their currency, they need to be able to operate their business, and the G20 Summit will have an effect on how the global money game is played for the next year. Once the Summit has concluded, Iraq may change their tactics slightly, but most importantly they will be free to make a decision and act accordingly. It's a big deal, and it's good. So although I don't expect an RV announcement to be made at the Summit, or directly because of the Summit, I do think it's reasonable to expect some actions after the summit. Before I forget - the DV lottery pool. https://dinarvets.com/forums/index.php?/topic/266455-dv-lottery-games-for-625-626-2019 And if that kind of lottery isn't your thing, maybe bitcoin is... anyone paying attention here? We have a special spot for it in VIP, and we've been pretty hot on BTC for a couple weeks now. Does it surprise anyone that BTC is on a tear right now? It wouldn't, if you had been watching this VIP thread! To sum that up, in case you're not in VIP - BTC (bitcoin) took a scant 16 days to soar from 10k to 20k when it hit it's all time high. As I'm typing this, BTC is over 13k... up over $2000 since yesterday. When it was announced that facebook was officially getting in the game (see my thread started June 19), I personally hailed it as a great thing for crypto in general. I will NOT be surprised to see BTC hit 20k again, and it won't take long. This is not based only on the Facebook announcement, and I won't get into all of the boring details here - we're discussing it in great detail in the VIP section. Did I mention we're talking about this stuff in VIP? (As if you needed another reason to join us there, you know! ) Whether you're in the pool, or happily watching Bitcoin rise, or just hanging out in VIP enjoying the knowledge and sharing the adventure with us, waiting to take advantage of a better cash in rate soon... .... GOOO RRRVVVVV!!!!
  18. Are we there yet?!?!! Good morning all! Lots of hype going on right now. That tends to bring out the best AND the worst in this Dinar adventure, so I want to address it real quick. Here's a simple truth: There is always going to be "hype". That does NOT mean there is no legitimate opportunity here. It's like someone passionately exclaiming, "Usain Bolt (the fastest man in the world) could beat a Corvette in a race!" Is that statement factual? No, it's a bit of an exaggeration. But is Usain Bolt still incredibly fast? YES! And while he's probably not going to outpace a vehicle with a top speed of over 200MPH, that doesn't take away from the fact that he holds an incredible record. The Iraqi Dinar is very similar. We currently have a bit of garbage to sift through as we dig into the "facts". There will always be attention seeking "gurus" making crazy claims about people standing in line to cash in or getting top secret calls from the "Head of International Crystal Ball Readers Association". These delusional characters may even believe the stuff they say, but does that make Usain Bolt any slower? Sure doesn't! And it also doesn't make the opportunity for the Dinar any less, either. If you were around the Dinar world before Chapter 7 was lifted, an event that was arguably one of the most important events related to Iraq in recent history, you'll remember that things got VERY exciting before that happened. It was not a guarantee that Chapter 7 would get lifted... in fact, it was questionable if it would actually happen, and very much a surprise to many. Even without absolute confirmation of this very important event that was about to transpire, and even though many of the news stations and media and all of the people "in the know" didn't give a warning... the dinar world had a "feeling" that something was about to happen. The rumor mills started cranking up, "reports" of people standing in line in Reno and Vegas and other "select" locations were flying around like monkeys at a circus, and the activity on many websites was through the roof. Did we have an RV at that time? Obviously not. And nobody cashed in, not in Reno or anywhere else... at least, not at the $3+ rate. BUT, did something major happen? YES. That's where we seem to be right now. This is the time of year that many major milestones have been reached in Iraq. NOW is the time I'm expecting to see something major... maybe HCL, maybe something else, and very possibly a rate change. The tension is growing, and it shows in many ways... like how your animals know a storm is coming, when the weatherperson said "10% chance of rain", and then the neighbors barn and cows get taken away in a tornado. Fido knew. Did you listen? You might want to get in VIP, now. Join here. Bring on the twisters!
  19. Good morning all! A few things to touch on this morning, and then I'll send out an email. First on my list - and I'm going to keep this SIMPLE - we are in my green zone! There is no better place on this chart for an RV. It is THAT simple! Because I'm feeling so chipper about this graphic, you're going to get a 33% discount on VIP. Take advantage, get in! Click here and use discount code "chipper". Just as an FYI, I don't send out emails weekly. It's not my intention to clutter your inbox, and if you're hankering for a dinar news fix, you know where to come... right here! On to more exciting stuff! There was a bit of suspense regarding Iraqi Parliamentary activity today. The Financial Management aspect was pushed off, but I don't see that as a major factor. The other 5 matters were attended to, from what we can tell... 5 out of 6 is a huge improvement over what we used to see out of Parliament! This is just another testament to the progress Iraq has made and continues to make. Oil... I know I don't have to harp on this, but oil is a big deal and Iraq is focused heavily. In fact, OIL wasn't even officially on the agenda for today's Parliament votes, yet it was still a heavy matter of discussion. I'm reading into that part. It wasn't even on the official agenda, but it was a major point of discussion. The goal, as stated by all reports, is to get affairs in order quickly. That makes sense to me, and I'm keeping a keen eye on things. I think we're going to see HCL news quicker than they are letting on. To add to that thought, let's consider the current global situations of two other countries that are relevant to Iraq's progression: Iran and Saudi Arabia. Iran and Iraq are friendlier than I like, but that's an emotional opinion rather than a business one. Iran is in a geographical position to be beneficial to Iraq, and Iraq does have a large percentage of it's population that is sympathetic to Iran, so some buddying up is to be expected and will not prevent or delay a restructuring or revaluing of their currency. Iran is handicapped by sanctions at the moment, so they are of less help than they would be otherwise. Saudi Arabia, on the other hand, is not crippled at all. They are powerful, in good graces on many accounts, and are getting friendlier with Iraq than they have in the past. Since Iran is not the most capable ally to Iraq, does it surprise anyone that PM Abadi is in Saudi Arabia today... discussing trade, policy, and OIL? Abadi is currently on day 1 of a 2 day visit. I am crossing my fingers for some solid progress as a result of the things I've just mentioned. Next on the list of items "coming up soon" is Ramadan. This is a big part of the timing... we're either going to see an RV before Ramadan, or after Ramadan. I've maintained for years that no RV will happen during Ramadan, and that hasn't changed. Ramadan comes early this time around - May 5 to June 4, according to google. Show me HCL news in the next week and I think we're looking at a big surprise... I hope you are all ready. If you're not in VIP before the RV is announced, you will have missed your chance. As soon as the value on the dinar changes, the doors on VIP will immediately close, and you will be locked out forever. Use this discount and get in there with us! Discount code "chipper" will work on any of the first 3 packages listed here. I'm going to wrap up for this morning, but I'll leave you with something @Synopsis posted a few days ago... I happen to agree with most of it. GOOOOO RRRVVVVVV!!!!! - Adam ======== Quoted post below: ======= I recognize the Bicraqi Iraqi GOI, among other Bicraqi Iraqi functions, is/are extremely dysfunctional at best. I am not sure about the "cohesiveness" of the Bicraqi Iraqi prior to Saddam Hussein whereas I suspect legacy Ottoman Empire, World War I, World War II, legacy Silk Road, and modern economic interests in Iraq have "shaped" a semi cultural nomadic lot of tribal and otherwise inclined easily excitable on a variety of different issue folk. So now enter the Bicraqi Iraqi democracy and foreign influences. The Bicraqi Iraqi have both benefits and challenges being strategically located and enormous natural resource wealth beyond just the crude oil. Likely, many entities are on the take whereas the rank and file Bicraqi Iraqi Citizen just wants a better life - without war - like other sane people. Except, Heat AND Sand Season REALLY messes THEM up like NOTHING else. So, the Bicraqi Iraqi as a whole are likely substantially without a cohesive understand of what a national norm is, what it looks like, and how to sustain it. However, Iraq, with ALL the Bicraqi Iraqi, REALLY needs to be a Safe, Secure, Stable, AND Sovereign State for both Bicraqi Iraqi AND INTERNATIONAL reasons. Enter the "opiate of prosperity" via Foreign Investment ALONG with the Safety, Security, Stability, AND Sovereign Iraq CAN OFFER the Bicraqi Iraqi whereas THEIR prosperous norm, should it be challenged, WILL BE neutralized at the source. Some of THESE roots are taking ahold now although slow and tedious. It is fabled Dr. Shabibi WAS going to ReInstate the Bicraqi Iraqi Dinar back in 2012 or 2013 at a time, oddly, outside of the typically assessed "prime" "time" of the year. The question I have is, "Are the conditions better or worse now than in 2012 or 2013 when Dr. Shabibi is fabled to have attempted to ReInstate the Bicraqi Iraqi Dinar Internationally?" In my opinion, the conditions regarding Iraq have never been better now than ever before BY FAR noted here: Iraq by far is recognized as a Sovereign State by regional and international entities at capacities and frequencies never seen before as a new democratic entity with a distinct government. Old Mr. Potato Head Nouri al-Maliki has never been weaker influentially than now especially with the Insanian Spanctions REALLY biting AND biting MUCH HARDER in the NEAR future. Bark Insane Obama, Hilly, AND Scary John Kerry have all been defanged whereas THEIR liabilities are ratcheting through the legacy systems THAT NO LONGER have the influence and direction like the past. Nauti Arabia, Scordan, AND the KoolAidis ALL have an interest in eradicating Insanian influences in Iraq. The Insanians ONLY destablize entities for THEIR end of destruction and control at the impoverishment level. A significant influence of the Insanians in Iraq THREATENS Nauti Arabia, Scordan, AND KoolAidi Sovereignty as a GROWING cancer. Economically, the Insanians are EXCEPTIONALLY inferior to the Nauti Arabian, Scordanian, AND KoolAidis ESPECIALLY with THESE folks having FAVORABLE relationships with The United States Of America economically AND militarily. Other. I look at Iraq with ALL the Bicraqi Iraqi from the lens of Safety, Security, Stability, AND Sovereignty compared to the level of external influences and internal Sectarian Violence AND likelihood of Civil War. Should the Safety, Security, Stability, AND Sovereignty of Iraq outweigh the external influences and internal Sectarian Violence AND likelihood of Civil War significantly, I suspect the introduction of the "opiate of prosperity" will peg out the Safety, Security, Stability, AND Sovereignty of Iraq while simultaneously strongly forcing out external influences AND quell internal Sectarian Violence AND likelihood of Civil War. The transitioning to a Bicraqi Iraqi "open economy" with a REAL TIME transacted Bicraqi Iraqi Dinar WILL ALWAYS have SOME ISSUES. NO doubt about it. The transitioning, to me, WILL be like "grinding" "some" "gears" instead of shifting ALL gears smoothly. THERE NEVER WILL BE AN OPTIMUM TIME WHERE EVERY CONDITION IS SATISFIED. The basic issue is whether the key and functional items can be maintained at an acceptable operating level while the other issues and conditions are acceptably rectified past entering the "open economy". Here are a couple overall parameters to be met, in my opinion: Sufficient Safety, Security, Stability, AND Sovereignty of Iraq. Absence of Sectarian Strife AND Civil War with the imminent threat thereof in Iraq and areas immediately surrounding Iraq. Sustainable peaceable relations, especially economically, with other international entities. Sufficient International Entity recognition and support for Iraq as an integrated economic and peaceable entity. The "program" "rate" Bicraqi Iraqi Dinar JUST DOES NOT CUT IT representing the ACTUAL foreign and local investment potential in and for Iraq. The economic imbalances long term WILL NOT sustain Iraq AND the entities doing business with Iraq ESPECIALLY the economically potent AND stable foreign entities investing in Iraq. The Bicraqi Iraqi DINAR MUST GO REAL TIME INTERNATIONAL PRONTO TONTO for the reconstruction, construction, AND economic development to have ANY traction WHATSOEVER!!! WHEN, pray tell, will ALL THIS come together???!!! Iya dunno. Maybe BABY I am JUST WAY, WAY off MY rocker AND YOU wasted YOUR time reading ALL THIS NONSENSE!!! Sorry. eh? Ah, ALL told, NOBODY knows IF, WHEN, OR HOW MUCH IF EVER. THIS is, NO doubt ABOUT IT, a Speculative Bicraqi Iraqi Dinar Investment. WE ALL have our varied reasons for reasonably venturing into THIS Investment understanding the risks AND uncertainties with the MADNESS brought about at times with the LACK OF PROGRESS AND PAY OUT WE ALL ARE ANTICIPATING. So........................................................ We Wait. Hopefully, THIS was worth YOUR time reading. Have A Great Weekend!!! Go Moola Nova!
  20. Hey everyone! I'm filing this under "weekly", but really it's just a follow up to last week's chat. I've been traveling and internet has been a problem, hence the delay. Last week, I was expecting a particular bit of news out of Iraq, based on conversations with my personal contacts. This isn't earth shattering news, on the surface. If you're here for a "rate or date" prediction, you can go back to cat videos on youtube now. Seriously! Here you go, please enjoy... I know you will. (Cat video above!) Back to business I don't always share the "inside" stuff that crosses my desk, but I often hear about trends and insights that are about to be released. I have to be certain about what I post before I make public statements, because every word I post here is analyzed 6 ways from the closest palm tree, subjected to 17 different interpretations, and sometimes used maliciously. The item I'm about to talk about was a 99%er, and it's very positive for us, but I was holding it tight for a few reasons... one, I don't want to blow up the server with it. Two, I don't want to give the "gurus" any more than they already have. Let me get to the point, assuming you're still reading and not completely distracted by the video above Due to my technical issues over the last few days (3rd world country internet), I suddenly find that I have to scrap an entire public update because someone beat me to the punch on this one... nice job, @6ly410! This is the offending article, which was posted in response to my last weekly update... and this is where the conversation gets serious: Unless you've been living under a rock or just found the DinarVets.com website, you know I've been talking about how the current OPEC agreement is a huge "ace in the hole" for Iraq. That article above is the biggest "bat signal" imaginable! I'll spell it out real quick - OPEC (The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations, founded in 1960 in Baghdad by the first five members, and headquartered since 1965 in Vienna, Austria. Wikipedia) currently has an understanding / agreement to limit production. Iraq is not specifically included or excluded from it, despite the founding information you can see above, and they are in prime position (GOLDEN OPPORTUNITY) to monetize their place in the deal. I don't know what else I can say about it... Iraq is in the best place we could hope for. Ramadan is nearing it's end, we are looking at a live fuse attached to a financial firework, and I won't be surprised if they light the fuse before 4th of July. Not that Iraq cares about the 4th of July... that date just happens to mesh with the "live fuse" metaphor, and the timing is right. Ignore it if you want. Join VIP if you want to have max benefits. The choice is yours. Either way, I'm excited to be on this side of the microphone as things go down! GOOOO RVVVVVV!!!! P.S. There's an OSI-only post coming soon. I have a VIP post that I wanted to get out by now, but I refuse to release things that aren't complete. Soon. P.P.S. We all love cat videos. And we all know that over 90% of the members here just show up for the entertainment, and less than 10% of us are serious about Post RV, so for 9/10 of the community... please respond with a funny cat video Some of you need no encouragement.
  21. Happy Wednesday all! Just a quick update here to get us through the week. I'll have more this weekend, and possibly a special VIP post. We are just about through Ramadan, and this holiday has been a busy one. Historically, nothing significant has happened during Ramadan. To be more to the point, nothing at all usually happens during Ramadan... that has not been the case! I won't get into the "list" this morning, but Iraq has been very productive. Things are advancing! Speaking of productive, HUGE shout out to our very own, one and only, Master Yota! @yota691 crossed the 100k mark for posts on the forums. What an incredible number! Our dear friend's contribution to this community is unparalleled, and our gratitude can't be adequately expressed... @yota691, we all owe you a huge round of applause and drinks are definitely on me the first chance we get! Thank you, thank you, thank you! 🙇‍♂️ Feel free to pop over and congratulate him on the incredible milestone in this thread (hurry up before he locks it again ). Back to Iraq.... Ramadan is over around the 4th of June (it's different for some areas). Eid al fitr follows - here's a short description, for those unfamiliar: Eid al Fitr 2019 will be celebrated on Tuesday, 4th of June 2019. This is the tentative date as the actual date is contingent on the sighting of the moon of Shawwal, the 10th month in the Islamic calendar. Eid ul Fitr is celebrated on the 1st of Shawwal, after the month of Ramadan 2019. The month of Ramadan culminates with the festive occasion of Eid al Fitr as Muslims thank Allah (SWT), celebrating the festival with religious fervor. The month of Ramadan is full of celebration, joy and festivity as the Muslims immerse themselves in reading the Quran and Duas and spending maximum time doing Dhikr. The Muslims fast the whole month as it teaches them the true meaning of perseverance and tolerance while being empathetic towards the poor and needy. At the end of the month, the Muslims are rewarded with the festival of Eid al Fitr. It is important to note that it is highly forbidden to fast on the day of Eid. Each country’s celebrations vary as there is an influence of their traditions. Muslims all over the world celebrate the festival of Eid al Fitr by starting the day with the Eid prayer. After the Eid prayers, people greet each other with the customary Eid greetings, Eid Mubarak with a formal embrace, three times. Then, a sweet dish is mostly made in Muslim households and eaten in happiness. The day is spent with friends and family as they get together indulging in eating and handing out Eidi (gifts given to kids on Eid, usually money). Everyone gets new clothes made for the special occasion because every single person wants to look his/her best. The festival revolves around the theme of togetherness and happiness.Thus, this Eid is considered to be an occasion of immense rejoice. In essence, Muslims celebrate the blessings bestowed upon them by Allah (SWT) and thank Him. Credit: https://www.islamicfinder.org/special-islamic-days/eid-al-fitr-2019/ The bottom line for us is pretty simple... once Ramadan is over, there is a short following holiday, and then it's "game on" for government and we are officially ready for big things. OIL - saw a little dip, but still stable and trending solid. No worries there. I'll have more this weekend, so I'll wrap this up for now. But first - BITCOIN. Are you still ignoring this? If so... your loss. It's not going anywhere. Blockchain is here to stay, BTC is rocking, and this thread in the VIP section is a great read: Also, this one: Don't discount the importance of South Korea when it comes to digital money! Here's another one that might have caught your attention, if you're into profits like this: Don't forget to enter our weekly Lotto Pool! That's all for now.
  22. Good morning good morning good morning! It's another beautiful day full of blessings and love, and also a short update. In the news... not much. It's Ramadan. Oil is still strong above $60. Remember I said months ago that $60 was the target? Target reached, stability is being proven on a daily basis, and that is perfect. Any huge spikes or drops would be bad. OIL is solid right now... even with some tensions in the Middle East. This is exactly what we want. @bostonangler finally gives credit where it's due and recognizes Obama is still hurting the economy. Bitcoin breaks $8000, and the other coins are following. XRP had a nice boost - are you getting all the crypto news you need? We have a section in VIP dedicated to cryptos, and there are profits to be made! (One good trade with a tiny bit invested will more than pay for a Lifetime VIP membership... kind of a no-brainer, isn't it?) Bitcoin, and cryptos in general, are high on my "watch list". The high of over 19k last year was a little premature, and the resulting decline in value was to be expected. The current price of $8000 is very justified, and we may be watching the last time it will ever be this cheap. That's not to say that it won't fluctuate! Of course it will... but my opinion is that it will continue to trend up. I'm HODLing. Before I head off this morning, be sure to enter the Lotto pool! You can't win if you don't play, you know! And on that note, I'm going to go buy my own ticket to enter into the pool, and I'll be sure to tell the cashier to give me the winning numbers. Thank me later. Happy Wednesday everyone! It's definitely Ramadan, but I'm still keeping an eye on things. The current situation is just too close to ignore the possibility that things can happen this year despite the normal holiday lull. GOOO RRRRVVVVV!!!!
  23. Good Morning DinarVets! It seems we are in an interesting situation right now. I've been watching the news shift directions slightly... not in an opposing way, just a shift. In the past, we've had some key things happen around mid-year. Major items, like Chapter 7, for example. The "shift" in the news that I'm seeing is - and I say this with a little bit of reservation, because I'm not substituting my intuition for an actual crystal ball - it is encouraging, in a way that may be signaling another big announcement in the middle of the year. Are you in VIP yet? Join here. I'm expecting a revaluation of the Iraqi Dinar to be preceded by a bit of silence... and we do have that right now. Don't get me wrong, we have a lot of encouraging articles to read right now, but the subtle shift in tone... It's hard to explain, but take a look at this comment and the posts that follow: Things happen slowly in Iraq. We know this. It was about 3 months ago when I posted that original link, and starting with the comment I just linked to, the discerning person can see how the articles are starting to focus on the higher level agreements. This is the fine tuning, and the polishing. That's what I'm seeing happening right now... and it's all coming full circle, about 3-6 months after the last big round of "regular" news. This just happens to fall in place perfectly, if you ask me. I'm on the fence about Ramadan this year - it might not be as quiet as it has been in the past. I'm hoping to find some more clues, or get some "boots on the ground" feedback over the next couple days. With that in mind, I'll be making another post to further explain my stance. Expect it Friday or Saturday, unless there's an RV announcement before then. Make sure you're in VIP, either way! That's it for this morning - more to come. - Adam
  24. Good morning DV! The sun is shining most places and it's a great day to be here! No major updates on the dinar, but that's not discouraging in the least. If you check my last couple weekly updates, and then compare to the news posts over the last week, you'll see that we're simply tracking on a positive course. All good stuff, my friends! VIPs, there is a new post up for you in the VIP section: I also sent out an email yesterday to all VIPs. If you're in VIP, and you did not see that email in your inbox, then it went to your spam or promotions or some other email destination... it's up to you to fix that! I can't control your email inbox, and we don't want you to miss important updates, so take a minute to ensure DinarVets emails are landing in your Primary inbox and you'll enjoy the peace of mind that comes along with that. One last thing - in that VIP post, I mentioned an upcoming OSI post. After sleeping on it last night, I am going to save that post for during Ramadan. That's it from me for today - let's use this thread for Q's from the members for my next update. The current news trend is really positive and I have a suspicion that I'll be doing more than one update next week. GOOOOO RRRRVVVVVV!!!!!
  25. Hey everyone, Happy Saturday! I'm not going to be able to put as much in this update as I wanted, due to some crazy travel snafus in my life, but I still have to get this posted - there's no way I'd be able to sleep tonight with this bouncing around in my head! I've been saying for a couple months now that oil to ~$60 was what I want to see. This is not because $60 is a "magic number", so even though we *almost* hit $60 this week ($59.85 I think!!!), I'm going to state that the oil price is "close enough" and we are officially in the GREEN ZONE on that aspect. A declining price in oil would have made the RV-Button-Pushers pull back. That didn't happen. A sudden spike to $60 would have urged no action, because a sudden pullback would have been expected. That didn't happen either! What we have been seeing in the price of oil is a steady climb, very controlled and consistent, towards the $60 mark. Keep in mind that the OPEC oil production limitation agreement that virtually every OPEC country/member has signed onto, with the exception of Iraq, is largely responsible for this controlled growth. (Without a doubt, some of you bean counter number crunching over-analyzers will have something to say about that... I'm speaking in general. There's no need to get into micro details at this time!) Iraq is playing along as a supporting cheerleader to the oil reduction plan, just as we suspected they would, but they have never specifically committed to the reductions in production that OPEC is conducting at this time. That means they have nothing stopping them from a sudden ramp-up in production and sales to generate a large amount of cash, while the rest of the major oil producing nations will need to at least prepare a diplomatic speech before they catch up, if they even choose to do so. We all know that it won't just be us little investors and Iraq that benefits from a change in the Iraqi Dinar. Every country that has physical dinar in their reserves, or any kind of trade alliance with Iraq, will also benefit. That's one piece of the puzzle, and an important one, but what's even more important is the overall picture... which just keeps getting better and better. Iraq's reserves reporting positive news: Iraq's Prime Minister Mahdi continues to be well received: There are a couple more items I want to talk about, but this update is already extremely late so I'm just going to get it posted and follow up tomorrow or Monday with the rest. Before I click submit here... the summary is simple: Iraq could not ask for a better scenario under which to increase the value of their currency. And to that I say.... GOOOOO RRRRVVVVVVV!!!! More to come. - Adam
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