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Found 197 results

  1. Goooood morning DV! This post will be a follow up to this week's earlier post... it's entirely possible that updates 2x per week are going to start happening, due to current events. Before I get too far into that, one quick clarification - earlier this week I said PM Abadi was in Saudi Arabia on business. Obviously this was a mistake, as the current Prime Minister of Iraq is no longer Abadi. Nonetheless! The actual PM of Iraq, Abdul Mahdi, was indeed in Saudi Arabia - and the resulting news is a bit of a present, if you ask me. (Speaking of presents - happy Easter, Passover, and all the other related holidays this time of year, whichever you do or don't observe!) As I was getting ready to post this, a perfect article was posted. I'll link to it below - use your discerning intelligence to pick through the article and tell me if you see the same thing I do. This situation is completely lopsided. The focus is heavily on Iraq, the benefits to Iraq, and not much else. In what world is that a deal we expect to see from the Saudis... are they suddenly charitable people operating for the sole purpose of World Peace and charity? I don't think so. Therefore, the equalization simply isn't being mentioned. I'll get into this more in a second, but first here is the article: As I mentioned in my post earlier this week, Saudi Arabia is important to Iraq. Take a look at the map below - you'll see that Iraq has 3 major countries that border it, and only one actual connection to water. Aside from that small bit of beach I circled below... Iraq is landlocked. The two largest borders are Iran and Saudi Arabia. Both countries present opportunities for oil delivery... in order to sell their oil, they must deliver it. In order to deliver the oil, it must get to the sea, unless they are to limit their market to the 6 countries that border them... and why would other oil rich countries pay a premium to Iraq? They would not, and will not. So it's in Iraq's best interest to have great relationships with it's neighbors, and it's important that the global market approves of these relationships. Iran and Syria are questionable allies... but Saudi Arabia is a solid partner. This is why I'm excited to see Iraq buddying up with Saudi Arabia, and it's even more exciting that it's not exactly clear what Saudi Arabia has to benefit at this time. I think we all know, or can use our imaginations. On that note, there is still a discount going - I'll leave it up for a little bit longer, but not too long! Get in VIP now and save 33% - discount code "chipper", link here. See you in there, and GO RV!!!!!! - Adam
  2. 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!
  3. Good evening DinarVets and all you beautiful members! (Same happy greeting to you ugly ones, as well ) If you’ve kept up with my recent posts, you know I’m excited about oil - see here, here, here, here… you get the idea. We finished the week still above $60 on the WTI charts... and still going strong. Even though DinarVets is the strongest and longest going community in the world related to the dinar, occasionally I am reminded that not everyone who reads my weekly updates has been here forever, and a lot of people count on me and this site to "fill in the blanks" while we're waiting. I appreciate the reminders! It gives me a good reason to step back and look at the big picture. And as much as the "wait" can be almost debilitating at times... ... this was never going to happen overnight. At least, not overnight on a night that was on the calendar in the past. When it happens, it will certainly look like an "overnight" event to the outsiders and those that missed the boat. BIG PICTURE TIME. There are a lot of moving parts here, but the biggest thing we're waiting on right now is the HCL. There are a bunch of articles and news related to HCL, and I'm even getting some very encouraging private messages from my contacts about the progress, but the bottom line right now is this: HCL has not been concluded at this time. Therefore we have no RV... ... yet. Yet, we have reason to keep hanging on, and if I may be so bold... we have a damn good reason for it. Iraq’s currency price is based on their ability to sell it to other countries, just like any other country with a tradable currency. Their ability to sell their currency is determined by what other countries will pay for it - this is the basic concept of supply and demand. Something is only worth what someone is willing to pay for it, no more and no less. In the currency exchange game, stronger demand for a currency will create a larger market, which pushes the price up. In order for Iraq to raise the "sell" price of their currency, they have to create a strong market for it. If they don't have a strong market, then we could never have a chance of an RV. That is not the case. We DO have a strong market. If Iraq wasn't making progress towards stability and strength, we would have no chance of an RV. That is also not the case. Iraq IS moving in the right direction. They are doing it by solidifying their government and stabilizing their perceived ability to provide a solid expectation of return on investment. That's really all this comes down to, after all. Iraq's ability to raise the value of their currency is based on the perceived ability to provide a solid expectation of return on investment. This is exactly why the value of the Dinar dropped to pennies on the dollar in such a short time when it did. When Iraq was invaded and their government toppled, the world (traders, experts, everyone) had reason to doubt that Iraq would be able to sustain the value of the dinar, and the value of the dinar dropped. End of story. Something extremely predictable happens when a stock or a currency or anything suddenly starts losing value... it causes panic. Herd mentality kicks in, and it sweeps like a tidal wave. People selling to avoid loss are willing to take losses to avoid bigger losses, and the avalanche builds momentum. Sometimes a stock or commodity will be annihilated, or sometimes it will just sink to a level that nobody believed was possible just months before. This happened to the Dinar. The same thing happens on the opposite side, of course. When people see something rising in value, they predictably want to catch that wave and the momentum will build the other way. People see other people making profits and want to join in, and again the herd mentality can push a stock or a currency or anything else that is being traded to levels that it shouldn't actually attain. Eventually the markets will stabilize, as they always do. In Iraq's case, this is exactly why I lean towards a pegged RV rate opposed to a complete free float on the market. It will be easier for them to control a major change if they also control the fluctuation, and they stand to make enough profits on an RV that they will be better served by taking the profits on a fixed spread rather than trying to "catch it at the top". A pegged rate, at least initially, will allow them to control and maintain a higher rate. They are doing all this with their actions in their government, and the price of oil going up at a steady and fairly predictable rate gives them the ability to create a solid path to higher profitability. End result? Everything we’re looking for! Fingers crossed for some HCL news (SOON), and when it happens I'll be sending out that message. GOOO RRRRVVVVV!!!!! - Adam
  4. Good morning all! Just a quick note this morning, because I'm bubbling with excitement over the recent progress and feel compelled to get something up here. No, we don't have an HCL... and no, there has been no RV announcement. But, boy howdy, talk about tracking! Iraq, the CBI, President Trump, and the Easter Bunny all have something in common: NONE of them are going to give us a specific "heads up" when Iraq is about to pull the trigger on a ReValuation of the Iraqi Dinar. Our job here is to be informed, engaged, and prepared. OIL is over my forecasted/predicted/anticipated mark of $60. A member pointed out last week that the benchmark price I chose is WTI, which is not necessarily "Iraqi Oil", and to be fair it has been some time since I explained why I chose WTI as a reference point. Quite simply, WTI is a commonly used price that can be used to reasonably gauge activity across various markets. Since actual daily Iraqi production and sales are not readily available, it makes sense to track another index or marker that has a more reliable report available. As of this writing, oil (WTI) has surpassed $60 and is on a steady pace (slow and steady wins the race!) upwards. This isn't the only thing that matters, of course. The ReValuation (RV) of the Iraqi Dinar isn't hinged on any one item by any means! It is a culmination of many moving parts, and OIL is only one of them... ... but OIL is a big piece, and it's performing exactly as we we want. I'll post a more in depth update later, but one other item is on the news - BTC. I wouldn't get super excited about it, but the gains on BTC this week are definitely worth looking at. More on that later as well. As always, GO RVVVVVVV!!!! The stars are aligning. More to come later. - Adam
  5. Good afternoon all! We're currently in the midst of some significant happenings right now. It's almost coming too fast to keep on top of things, so let's just recap the current situation. Hopefully you caught my last update on Saturday (posted here), but I'll summarize that real quick as well - EVERYTHING oil related is cruising along at a good clip and in the right direction. As of that last post, we had *almost* hit the $60 mark. As I write this today, we have touched $60 a couple times this week. That by itself is validation for what I was predicting over the last couple months, but the real important part is the manner it is happening. Nice and steady, just how we want it.... for now. Next on the agenda is most likely a continued rise towards $70, but that's not a "new goalpost" by any means. Rather, I'm expecting to see some solid HCL news, and a potential focus on the HCL, with the RV bubbling just below the surface of the news. I think the most important thing to understand at this time is that they will not give us a major heads up on this plan. Our only clues are going to be: Stability in the GOI, which we have. Solid news on HCL, or an actual passed HCL bill, which is reasonable to expect under the current situation. Very related to HCL is this: In a nutshell, the Kurdish oil production is higher than the anticipated amount, and the Kurds are probably 100% entitled to withhold the additional production since their portion of the budget was negotiated with 250,000 bpd in mind. Remember what I said in my last update, about Iraq's ability to ramp up production quickly? Yep! That's still on the table! What does this mean to us? In my opinion, this has great potential. The Kurds have a solid argument, and the Baghdad side now has a LOT of motivation to get busy negotiating a profit sharing agreement. That’s exactly what the HCL is. The Kurds will also be motivated to get this moving, as they probably stand to catch a larger portion of the budget in addition to a better HCL deal. A couple years ago when they were talking about a secession, with the Kurds forming their own country - remember that? I had heard at the time from my experts that there was no real chance of that happening, but they were setting the stage for a stronger position in the big picture. That is EXACTLY what this ties into, and the HCL is what puts a pretty little bow on this whole deal. Pretty exciting stuff! I'll get this posted and open to comments before the day gets any later. I want to wish everyone a fantastic weekend, and of course GOOO RRRRVVVVV!!!! - Adam
  6. 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
  7. Good morning all! The RV train is still chugging along, with nothing but positive steam powering these updates. The majority of our news has already been covered (see my earlier update from this week here) so I won't beat that horse any more - suffice it to say that we're in a pretty spot! NOTHING has detracted from the good news on HCL. WE STILL have momentum on the budget, which is currently WAY AHEAD OF NORMAL. And I'll sweeten it up just a little bit with this - you remember that $60 mark I mentioned about a month ago? YEP, STILL GOING THE RIGHT WAY! Oil is creeping up on $56 as I write this. That's halfway to my mark of $60... and going strong! All of these things are coming together for us, creating the perfect situation. Obviously things can, and will, come up. I don't have an exact date for you, and I never will. But that sure won't stop me from being excited about what we're in the middle of right now! I'm actually very pleased to see the steady growth of oil, rather than a sudden spike. This "controlled growth" is exactly what I would want if I were Captain of the CBI, because it shows stability in the main area that needs it. Overall, things are just looking dandy. I'm keeping an eye on things, ready in the VIP whenever this thing pops! GOOO RRRVVVVV!!! - Adam P.S. There have been a lot of newbie questions regarding what to do when this happens. Of course, your best option is to be in VIP. But even if you aren't, the Cash In Guide (it's a short read!) will give you some quick pointers and help you avoid some common mistakes. I'll attach it here. It's free. Cash In Guide - Iraqi Dinar - v1.6.pdf
  8. Good afternoon, DV! Surprise, it's THURSDAY! Let's talk about dinar for a few moments: Oil saw a nice upward spike yesterday. We're not quite to $60, but the trend is still positive. I expect it to pull back a tiny smidge, then continue the steady pace in this direction: This is probably a good time to be sure you all understand something - I'm not saying "the day OIL hits $60, we will have an RV"! $60 was the direction I wanted to see, and we're basically there. As long as the current trend continues, we are in the (green) zone. Steady and controlled oil prices, + steady and stable GOI, + some HCL goodies... that's what we're looking for, and it keeps coming! One item that is of note, and may push us out just a little bit, is the budget/fiscal year. There is a LOT of accounting to be done with any kind of monetary change, and it would certainly make things cleaner to change the rate on a specific date that coincided with something logical like the start of a fiscal year or quarter, or perhaps the beginning of a new budget, or something like that. We are a couple weeks away from the end of Iraq's first fiscal quarter. Their fiscal (XYZ) can be a bit confusing because they don't get the new budget out until after the new fiscal year has already begun, and in the past they have stated that surplus in the budget applies to the following year. Oh, there's nothing like proper planning, where the first three months of the year you have no idea what's in your checking account or what bills are in the mailbox! 🤦‍♂️ That's nothing to concern us, of course. In fact, with the steady progress we're seeing in all other areas, the prospect of a currency value change at the start of Iraq's Q2 is a pretty reasonable thought. In other news... not much I can say right now! Parliament is in session and WORKING. The latest on a relevant HCL thread is here: We don't have an announcement, but all of the clues are saying *soon*. That's what I have for you this fine Thursday, friends! I'll be monitoring, have a fantastic day, and GOO RRRVVVVVV!!! - Adam
  9. Good morning all! Happy International Women's Day, especially to those of you amazing women on our staff and member list here at DV. The world, and DV, would not be as awesome without you! This has been an interesting week in the markets, but not so much for Dinar when it comes to actual news. There's a good reason for this. Oil has been pretty flat, just like the news on HCL. Step back and take a "big picture" view of the situation, and it's easy to understand that this is to be expected. I find it amusing to read the headlines that state "Oil production falls to (X time frame) lows..." Hang on a second, oil "falls"?! That's the headline? I don't think that's accurate. It's not "falling" - it's being controlled, exactly as they planned. This is a topic we've been on top of since 2017, before the talk of OPEC agreeing to slowing oil production. The headlines would be more accurate if they said "Planned reduction in oil production to stabilize prices" But that doesn't get as many clicks, it's just not as sensational... even though it's the truth. And we've been expecting it, because we have been watching this sector through a fairly specialized set of glasses. Interpretation: All is going according to plan. And if all is going according to plan, then it's just a matter of time. Sunday is the first day of work for the Iraqi week, so I'd suggest taking a couple days away from the "news" - get in VIP for the peace of mind, do some reading in there if you want to be prepared, informed, and ready. Otherwise enjoy a couple of days away, because we're not going to have an RV in the next couple days. Unless I'm wrong. I'm always open to that possibility! - Adam
  10. Good morning everyone! I think at this point... I officially give up trying to move the weekly updates to Friday. Or Thursday. So I'm going to officially move them to Wednesdays for now I'm about to lose my internet, and my laptop battery is at 4%, so this will be a short post. Unless you all see anything different - I'd say things are still pointed the right direction. OIL took a tiny step backwards, but still tracking for a win if my target of $60 is correct. I'll include a super-technical chart analysis below: In addition to what I'm hearing from the other side of the pond, and what my own experience and insights conclude, I still believe that $60 mark is where we want to be headed. Hitting that price, on the current trajectory, is solid evidence of stability in the markets and will be reassuring to the CBI so they can take some bold steps. There is a low rumble off in the distance that sounds like an HCL thunderstorm, so we'll keep an eye on that. And I just hit 2% battery, so I'll get this posted now and rejoin the conversation(s) later. Be well, everyone! - Adam
  11. I know, it's not Wednesday... Hey everyone! I mentioned recently that the "Weekly Updates" may be switching days - I expected the news to start getting busy, and that is now official! I haven’t picked a specific day yet, and I may not need to. The weekly updates won't be necessary once we have an RV, and the stars are lining up very nicely right now. Fingers crossed on that one. I’ll explain why below, and you might want to strap in for this one! First, the budget was submitted, signed, and looks like it will be passed, with a HUGE keynote - a significantly acceptable portion of the budget going to the Kurds. This has been a major point of contention between the parties over the years, in fact it’s possibly the biggest point of disagreement and reason for delays in the budget approval process in recent history. You can read the budget as it is written and posted here, but it needs to be published in the Gazette to be official. This may be happening yet this week, and if it does... that will be insanely quick. It's barely the first week of February!!! Last year the Budget was boycotted by the Kurds in March, and they threatened to secede over the disputes. THAT is how far we've come in a year!!! If you’re not already squirming, let me tell you - this is awesome news. A happy GOI is a GOI that we can get behind, because it’s one that is more likely to RV. And this is possibly the happiest we’ve ever seen them! That by itself may have been enough reason for me to send out a special email on most weeks, but this week - THIS week - we have more. Maybe MUCH more! I’m trying to contain my excitement, and I’ve been doing a pretty good job of staying (mostly) in my seat, but it’s getting more and more difficult. We may have an HCL agreement shortly! I’ve been on the verge of releasing this information for over a week, and I’ve only held off because THIS is the kind of movement we need to see for an RV to happen, and I didn’t want to release the news without a full confirmation. As the news keeps coming out, this is going to start getting press in other places, so you may as well hear it here. If you’ve been following me for any time now, you know I’ve been on an “HCL-requirement” kick for a couple years now. No HCL = no RV. I've harped on that for years... and now, after a long ride, it's not just on the horizon - it's coming at us, lights flashing and horns blaring! If you have NOT been with me for that long, let me introduce myself! Hi, I’m Adam Montana. The possibility of a Dinar RV has been in the works for a while now - over a decade, in fact. I’ve been following it, and helping tens of thousands of people avoid bad info, for the entire time. The summary on Iraqi Dinar is simple - back in 2003, the country of Iraq went through some stuff and their currency plummeted in value. It was once worth over $3 per one Iraqi Dinar, and now it’s worse than 1000 dinars to $1. It was even worse, so much worse that those of us who got in early enough have already doubled our money. But, and this is why most of us are here in the first place, it stands a fighting chance of going back to it’s former value, or “ReValuing”, upwards to the tune of 100x where it is now or even more. When that happens, those of us who have the current Iraqi Dinar (not the “old notes” with Saddam Hussein’s face on them) will be able to exchange at that higher value, winning us an amazing profit. It’s called a “windfall”, and it’s definitely a real thing. Here’s where yours truly comes in. Throughout this whole venture, and before most of us ever heard of the Iraqi Dinar, I’ve been fortunate enough to have contacts in places that matter to get the absolute best return on the exchange. Because of the loyal group of members here at dinarvets who have committed to work alongside my partners and I in this, we have formed the STRONGEST and BEST CONNECTED group of dinar holders in the world… and this gives us EVEN MORE leverage. It's a snowball effect, and it's a good place to be. In short, we’re going to put more money in our pocket than the average Joe or Mary that simply goes to the bank to cash in. Not only that, but the years of networking and planning for this event have allowed my contacts and I to put together the absolute best strategies for reducing tax liabilities, minimize risk, and even invest after the fact to increase our returns. The best part? There will be no “800 numbers” to call. The VIP group will NEVER part with their dinar as part of their exchange. And if you decide to pay the measly amount of money it costs to join the VIP group, you are ABSOLUTELY GUARANTEED to get a return on that expense when we cash in on the RV, or I’ll refund every penny you spent on VIP. Your time may be running out. Join VIP here, before it's too late. Back to the Dinar, for the past couple years I’ve been saying that we need to see progress on the HCL to see the RV. While other websites and “gurus” are talking about people already cashing in (fake news), or having “secret intel” on the timing of this event… I’ve been telling people to remain calm. That’s one of the reasons thousands of VIP members place their trust in my and the programs here, because I don’t fluff this stuff up just to get people excited. I do the opposite - if there’s nothing going on, I tell it like it is, no matter who gets mad at me for it. (It happens! ) Well… the time that we have been waiting on may be over. There is news out right now that is more encouraging regarding the HCL than ANYthing I have ever seen, and that means we’re almost there. It means this may be your last chance to get in VIP. Your chance to get in VIP may be over before I get this email sent out! And if the RV is announced, and you’re not in the VIP group - you’re on your own. No benefits, no tax benefits, and good luck to you. Now is probably the most URGENT time in this venture to get in VIP. Join here: https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/ Remember, there’s a money back guarantee. You have nothing to lose and a LOT to gain. See you in there! GOOOOO RRRRVVVVVV!!!!!!! - Adam Montana P.S. In reading the above, I see that I didn't explain why the HCL is important. In a nutshell, it's important to the Kurds so they get a fair share of oil revenue, and ties in very closely to their concerns on the budget. Both of those issues are melting away, right in front of our eyes. With these two things lining up at the same time, we have the most perfect situation to see an RV that I've ever witnessed. RIGHT NOW is an amazing time to be part of this situation!
  12. Good morning all! I'm having a really hard time breaking the "Wednesday" habit I spend hours every day researching and communicating with my people on the Iraqi Dinar, international business, asset protection, etc... and by the time Wednesday comes around, I end up with so much stuff that needs to be cleared off of my plate, it seems impossible to put it off any further! Truthfully, I didn't realize how much of my week centers around these weekly updates. There are people I work with who know how important it is to get me my information by Tuesday, and are extremely dedicated to their roles, so even if there's nothing to report - they are checking in with me on Monday and Tuesday. Despite my best efforts to move these weekly updates to later in the week, it just hasn't happened yet. Oh well! Today is short and sweet. There is nothing negative to report - Parliament is working, OIL is still going the right way, and my gut tells me they are just kicking a few last details around. If something counter productive were to happen right now, I'd take a harder look at things... but that's not the case. Everything is lining up! Parliament: still working, and working effectively. OIL: still moving towards $60, and doing it steadily. The only thing we can ask for right now is that BOOM! HCL news. Keep your heads on straight! This really feels like the home stretch. - Adam P.S. It's too late to place your bets once the final home run is hit! If you're not in VIP when the RV is announced, you miss your chance forever. ====> Join us here. <====
  13. Good morning everyone! I know it's Wednesday, and I was trying to move my weekly updates to Friday... old habits die hard, I guess A Friday update this week is actually a strong possibility, the way Dinar news has been coming lately. This, for example: That thread has just been out of control with positive developments related to an upcoming HCL agreement! (For those of you that don't know, the HCL is possibly/probably the last thing we need to see for an RV.) I'll pull a couple snippets from that article above: We all love the word "soon", but this time... it's looking very, very real. Two thirds or more is PLENTY to suit our needs! FYI, this is HCL. Plain and simple. There is a LOT of excitement around here concerning the middle of the month. This is a big part of that excitement. I won't encourage anyone to get too excited, but I'm also not going to downplay this one... this is BIG. We are in the best situation for an RV that I have ever witnessed. Stay positive, stay sane, and stay grounded! - Adam
  14. Gooooood morning all! As we creep up on the Christmas holiday and New Years, I want to take a quick second to wish you all a MERRY CHRISTMAS (or whatever you celebrate!), and also a Happy New Year! You'll be hearing from me a couple times between now and 2019, and I'm excited for the new year to roll in! At the moment there is a distinct lack of news regarding HCL. I believe there is a good reason for this - and it's good for our 2019 outlook. Many many things are being taken care of, stamped, passed, and resolved right now. Things that are essential for forward progress. But, the fact remains... that pesky and elusive HCL is simply not on the table right now. As soon as we see word about it, then we can get excited! For now... patience is a virtue, and we have plenty. Don't get me wrong here! They aren't sleeping on the job - check out this thread that started back in 2017, and seems to be gaining steam: Next, a quick announcement before I get to the Weekly Q's: There will be an opportunity to save some money on VIP before Christmas. Use it to give the gift of VIP to a loved one or for yourself! I'll send out information later this week. It will be a limited offering, so don't delay when it hits your inbox! Fingers crossed for some HCL news soon, but in the meantime... lots of love for you all, and be sure to hug your loved ones. This wikipedia page should help you there. Iraq has long been a sovereign nation, but they lost some freedoms in 2003 with the overthrow of Saddam. Their currency plummeted in value, they had to travel a very long road to get where they are today. Chapter 7 was lifted in 2013, which marked a major milestone for them regaining their position in the world. Since then, they have established a very balanced and stable government and worked their way to the point we are currently at - in position to implement the new Hydro Carbon Law, which will likely trigger a change in the value their currency is traded at. Good stuff, right?! I think the main difference would be the players involved - Chapter 7 was an outside decision. They were at the mercy of the UN(etc) on that one. HCL is not that way - this is an internal decision. The HCL is done when Iraq says it is done, and no outside influences can stop them. Appreciate the praise on your service here! We work hard to provide 5 star quality and it's nice to hear it when we hit that mark. Lord knows you can't make everyone happy, but we sure do try. GOI formation is proceeding very good IMO. Everyone should keep in mind that Iraq will never have a fully seated government with absolutely 0 contested seats. We are talking about a society that operates very different than anywhere outside the Middle East. 80% good is about as good as it will ever get, and we are pretty much there. Check out the last page of this thread (currently page 40): I'll take it!!!! That's it for this post. Be sure to get in our weekly Powerball Pool! Merry Christmas, Happy whatever else you may celebrate, and of course, GOOO RRRVVVVVV!!!! - Adam
  15. Good afternoon DinarVets, and welcome to the weekly! I love days like today, where I can just hop right into the MEAT. As much as we all hate "I told you so's", here are a couple. Headlines from the past couple days include: 1. BREXIT. When this was first brought up in 2016, I voiced my opinion that it wouldn't be successful and not to worry about it. As of this morning, it looks like the whole thing was a huge waste of time and is going nowhere... time will tell, but I could have told you that as well. 2. Did you catch my update last week? One of my talking points was oil, the price per barrel, and Iraq's sneaky but convenient exception to the ongoing limitations on production by OPEC members. Just look at these headlines... "Could Oil Prices Rise By $25 Per Barrel In 2019?" "Kuwait National: $ 65 Brent crude average during 2019 and 2020 " " Oil Markets Could See Deficit In 2019 The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch." (the word "deficit" is a good thing here ) "Heavy Crude: From Glut To Shortage - Jan 15, 2019, 5:00 PM CST" ("Shortage" is another good word for us right now) " Oil rises with hopes of a better market under OPEC-led cuts " ... and so on. Here's the thing, folks... this is the situation that Iraq wants. This writing is on the wall, in the headlines, and it's heading towards RV time. Iraq can read the headlines just as well as we can, so for now we just hang on tight. Oil is at $52.18 right now, and for scientific discussion purposes, I have painstakingly explained below what I'd like to see happen in this market: What more can I say at this point? 2019 is cruising along nicely for us, and as long as you're in VIP with me... you're ready just like me and a boatload of other DV members! Here's the weekly Q's: Possibly. Our VIP options in Mexico seem to change on a daily basis, and I keep an updated database of what is safe, reliable, and viable. If I say "yes" today, it could be "no" next week, so I won't give a commitment on that question until the time is here. In a roundabout way it does, because global events always have some impact.... so, yes. But it doesn't merit any concern for us at this time. I am midway through writing a post on exactly that topic. I'll wrap it up soon and send out an email. For now, my simple answer - I don't think it's likely that they will take the first approach. More on that later. ================ That'll do it for now! Hang on tight everyone, when the nuts and bolts of my picture above come into play, it looks like we're ready for blast off. GOOO RRRVVVVVVV!!! - Adam
  16. Good afternoon everyone! We’re off and running into the new year, and I’ll repeat a bit of what I said last week… I’m still pretty solid about 2019. In fact, I like it a lot. Not this week in particular, but in general - I think we've got a solid chance to see some 💥💥 this year! Read on... I've been keeping an eye on the situation for a few months now, waiting to see the trend I'm seeing right now. Waiting for all the pieces to come together. And I finally feel like it's time to voice the following thoughts. This morning I stopped for fuel and my total bill, with a big bottle of Fiji water and a loaf of bread, was a whopping $50. I actually asked the clerk to double check my pump number... FIFTY dollars? I know my Fiji water didn't go down in price, and I didn't stop the pump early! The lady laughed and informed me the price per gallon is currently around $2, which is ten cents higher than it was last week. We may all enjoy a lower pump price, but I guarantee you the Middle East and all our Texas oil boys don't necessarily like them! That's exactly why OPEC entered into a production limit agreement in the not-so-distant past... because supply and demand drives price. Oil is on sale right now, due to a very high supply, and I don't think we'll see an RV while the sale is on. It's simply not in the CBI's best interest to do so. The good and bad news is this - there are actions being taken to get the price of oil back up. Check out this page: Now, think about this little tidbit... you may have noticed at the very top of that page that Iraq has "confirmed their commitment to participating" in the oil productions cuts. But, as a savvy reader who remembers the details, you also know that Iraq was not specifically included in the original OPEC agreement. Iraq is essentially standing on the sidelines, voicing support, encouraging the action... but reserving the right to step back from it and swoop in on some profits once they are there again, while everyone else frantically tries to organize a vote to release themselves from their self-imposed restrictions. At that point in time, Iraq will have all the time they need to successfully execute a couple days or even weeks of trading, exchanging currency with higher values and reaping profits on said exchanges, and everyone wins. Yes, EVERYONE wins. Even the OPEC members that may have seemingly "lost" some revenue with their limited production agreement. The truth of that matter is that none of them are in the dark about the potential for Iraq to revalue. They all sit there, innocently and conveniently silent about Iraq's exclusion from the agreement. Coincidence? I think not. In fact, this is the KEY. It's staring the world in the face, and only a small group of us are even paying attention. I'm ok with that. HCL is still a pivotal issue, but there's no point in finalizing the HCL until oil prices go back up. More good news - Iraq is in a very good position to implement HCL, so once we see this graph going up again... game on! While we wait, be sure to get in the Weekly Powerball Pool! Cheers everyone. - Adam **** Follow up on a post from last week: If $60 is considered "Red Zone", I'd call that the 20 yard line. $70+ is the 5 yard line. If you're picking up what I'm putting down here, both of those are one play away from a touchdown.
  17. Happy Wednesday and HAPPY NEW YEAR! I hope everyone’s holiday season was remarkable and amazing, and now we’re launching into 2019. What should we expect? That’s always the question, and I think this year is going to prove different than the last. I have a few reasons that I’ll be outlining in short order, but as always I will not be handing out rumor based opinions or making predictions. Iraq is going to do what Iraq wants to do, when they want to do it. So, here’s to an exciting 2019! It shouldn’t come as a surprise that the tail end of 2018 didn’t bring us an RV. Iraq operates on a global scale, so things that happen around the world do have an influence on them. 2018 was the worst year in the stock market since 2008. More importantly, US crude posted it’s first loss since 2015. Those are not specifically Iraq’s losses, of course, but lower oil prices affect ALL oil markets. Case in point: Combine that with a general lack of news regarding the HCL and we have an obvious situation where they would not pull the trigger. We'd all like to think that Iraq can pull off an RV with lower oil prices, but the current market needs to change for Iraq and everyone else to be confident. It will happen, of course. But this doesn't look like the week for it. Not that I'm discouraged at all! The current market is a temporary thing. Nothing negative has happened to scare us from the future of this venture. And I don't think anything has changed to make Iraq no longer want to regain their former position of power and influence. It will happen. The question is only "when"? A bullet point list is a good idea. I'll put that on my list. If anyone else wants to contribute while I'm getting mine together - feel free! That's one of the best parts of this community. I haven't seen anything specific - have you? The President being friendly with Iraq certainly isn't a bad thing! 1. I don't have my translator, so I'm not sure. (Google translate shows me it's the "cancelation of uncles" ) 2. 3. When is it not!? Cheers, @peace1221! Same here Any real chance - absolutely! But I think it will be delayed until there is a solid swing in the oil market. My New Year was amazing, thank you my friend! I hope yours was as well Blockchain should continue to strengthen in use and acceptance. It should follow suit that prices will rise accordingly. Fingers crossed there, because it sure would be nice to get back into making good money on cryptos! Ahh, buddy, I don't think we're seeing anything to worry about. A change from 1166 to 1190 is miniscule and barely worth noting. Many of your other points are actually positive! I think we are going in a good direction. That's all for me at the moment, everyone! May 2019 bring us all love, luck, and good fortune. GOOOO RRRRVVVVVVVV!!!! - Adam Oh! Don't forget the powerball pool!
  18. Morning all! I know, I know... I completely missed my deadline. Lots of them, actually. Just assume I'm in training to be the next PM for Iraq Sorry to leave you all hanging, and happy to report that I am indeed still alive. Thursday is the new Wednesday Holding pattern on HCL. This is going to break soon. I'm watching it like a hawk and can't WAIT for this to turn! It is going to be in our favor. I'm betting big on this. YMMV Not interested in taking the heat of that job, noooooooo sir! But I am very interested in watching things shake out from here! Probably a couple years before the Pack is a Superbowl team again, and hopefully we still have #12 by then, but... time will tell. See above Also see above. We are getting close. That's all I'm going to leave here for now... more on the way, but until we get some breaking news, I won't be promising any deadlines. Stay grounded, friends!
  19. Happy Wednesday everyone, I hope you’re all ready for the feasting, because tomorrow is turkey dayyyyy!!!! Let the tryptophan induced napping commence! Also on the agenda for the coming days is “Black Friday”. Be sure to have the riot gear ready when you hit the mall, because those little old ladies will legitimately run your butt over with their shopping cart for the $2 savings on their coveted knitting kit. And kick you as they wheel by, if you happened to slow them down too much, because by God there are more things to throw in the cart! Of course, we have to have a “deal” here on DinarVets for the Holiday. It wouldn’t be “Black Friday” without it, and you won't need your karate lessons or a bodyguard to take advantage or it. I’ll jump right to the point - half off your Platinum Upgrade with "TURKEY1", 40% off any other VIP package with the code “TURKEY” at this link: https://goo.gl/D8Y74a Regardless of when the Dinar moves in value, we continue trying our luck in the Lottery Pool. Here's this week's pool: Maybe we will hit that one day and a couple dozen faithful participants will split a big pot, so I'll keep throwing my numbers in there when I remember to do so. The difference between the Lotto Pool and the Dinar, however, is exactly what I just said... "luck". I don't think the IQD RV is the same. There is no "luck" involved, unless you were just lucky to have heard about it before it happens. At some point, we're all going to look back on this and say "Hot DAMN did we get lucky!" - but it's not really luck. Iraq still has a major portion of what is one of the most valuable commodities on the planet. Iraq has been torn down, beaten, and bruised... and then clawed it's way back to a very respectable place. If you're like me, you might be a little annoyed with the wait. But you also realize that the "wait" isn't unreasonable. It only seems like this has taken a long time because unrealistic expectations have been set by many, including some "gurus" that constantly jump the gun and make premature speculations. Things happen in their own time, not on our time. The magic for us is when those two line up... ... and the signs are looking favorable. Regading VIP, the basics are simple: Join VIP and when we have the RV in hand, you're going to get a guaranteed better return on your exchange. We have further opportunities to multiple that profit, and the BEST asset protection plans you can imagine. That's just the short description! VIP is something you won't regret - hop on in there with us. https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/ I'm going to answer the weekly Q's and then get this Weekly update published. If I didn't believe it would, I would have sold all mine. That is not the case - I'm sitting tight, with my personal VIP Certificate and Dinar stash close at hand. Iraq is moving in the right direction. It's a small question of timing right now. Pretty simple stuff. What do I have to say about the opinion of your unnamed co-worker, who probably has no credentials or clue, and is talking anyway? Nothing. But you may want to be careful how vocal you are about your personal involvement in this... when the RV is announced, I bet that same co-worker and a few dozen more will suddenly be your best friend(s). Yes, there has been steady progress regarding everything related to HCL. We couldn't have a complete HCL before the pieces were in place, the GOI ready, etc. Nobody will deny that Iraq has moved in the right direction. At first glance, we're talking about OPEC (thank you for posting a link, that helps a lot when answering questions!), which has had a very light hand regarding Iraq. I'm going to get this update posted, I will review that article in full a little later and respond back. *** edit: The article seems to indicate that the US is ramping up oil production, which will lower prices globally. Iraq may need to adjust their Budget, and maybe the potential RV amount will be reflected in that. Let's say they were to RV at $1, but oil is 30% lower than the former anticipated price, then the RV could come in at .70 as well. As far as timing of the RV, I see no concerns. Happy Turkey day, everyone! Take advantage of that discount and I'll see you in the VIP section.
  20. Morning all! It's been a pretty interesting morning over here at DV headquarters, and there are a couple things I'd love to get your feedback on. In fact, today's update is more of an invitation to discuss than anything else. There are some brilliant people in this community, and even if you're not one of them, please get involved! There are going to be mentions of some stocks below, and these are not items that do or do not invest in (short/long/otherwise), but they play a role in the bigger picture and can be thought provoking, which lends insight to the future if you care to follow along. One of these items is (of course) the immediate future of the Iraqi Dinar. As the year draws to a close, there is a question of "Will this get done before the end of 2018 or is there a benefit to waiting until the start of 2019? Post your thoughts below on why they may want to pull the trigger before year end, or why they would be better served to wait till January 1 or after? NOTE: If you are going to respond with nonsense like "We deserve an RV for Christmas" or "I don't think it will ever happen because I was bullied in school and it's scary outside of my crying closet", please just move on. Those are not legitimate or intelligent thoughts. Thanks Next, and related, is US economy and oil prices in specific. Yesterday WTI posted it's lowest price of the year at 56.55, OPEC has been flirting with production cuts (which makes sense), and President Trump encouraged the opposite (not sure why yet). The DOW has taken a beating lately, but is up over 150 as I type this. A couple of very interesting topics recently have been Tesla (TSLA) and Amazon (AMZN). Tesla is fun to watch if for nothing more than the fact that Elon Musk is a wild child and does whatever the hell he wants, by all traditional measures the company simply shouldn't even be in business, yet.. And Amazon is fun to watch because... who or what is going to stop THAT train? Final topic of discussion for the morning, and the "meat" will be in the VIP section, but let's throw this out there anyway... crypto. Last year there was a selloff, causing a dip, before Christmas. BTC has been extremely stable for some time now, but are we heading towards another dip? I'm about 3 weeks early on this particular dip, if it's going to happen again, so this is the perfect time to prepare. Full discussion on that in the VIP section: I have lots more on my mind right now, but I think those three(+) items will make a good starting point. Let the discussion begin! Weekly Q's: Don't worry about the multiple posts bud it happens! Regarding HCL - you have to give me a link if you want a response to a specific article. We do not currently have a completed HCL. This topic is now open for discussion, as I posted above.
  21. Happy Wednesday and good morning! Any day this side of the earthworms always has potential to be great, and today is an exceptional example... we have breaking news. I'm going to give us two names to discuss this morning... Barham Salih and Abdul Mahdi. For the last few months, we've been in a holding pattern. We know what's coming, and it has been obvious that progress was being made, but let's be honest... it was a lonnnnng, slowwwww couple months waiting for SOMETHING to pop. As of yesterday, that slow moving train gave it's first puff of black smoke and the wheels made the first turn. The rust feel off of pieces that seemed to have been stuck motionless for eons, the tracks even groaned a little in protest as this giant piece of history began inching forward, and we have some actual news... ... Iraq has a new president. Here's a name you'll be seeing more of: The new Iraqi President, Barham Salih. What's more, and this happened lightning fast... President Barham Salih has named Abdul Mahdi as Prime Minister. Before I get too far into this, let's note a couple of important things: 1. This is happening fast. If you're not in VIP when an RV is announced, you will never get in! Join VIP here and ensure you are set to receive the most important news first, regarding any tax implications, cash in procedures, and more. The doors will close immediately upon announcement of the RV!!!Don't put that off - the benefits are staggering. We are talking about $$$$(+!) in your pocket on cash in, not to mention all of the other benefits. Get in! https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/ 2. This is happening fast! New Iraqi President Barham Salih had 15 days to name the new PM, but he did not wait. He did it immediately. There are obviously plans being set into motion, that were organized well in advance of this announcement. Related article: This is breaking news at this time, so the situation is fluid... but this was a major milestone, and we're hearing the train start to chug. CHOOOO CHOOOOOOOOOOO!!!!!!!!! Let's go, Iraq! Couple questions from the members: I don't see anything wrong with this pick. In fact, his immediate announcement of a choice in PM says a lot about how we can expect things to change. This is possibly even better than Abadi remaining PM... the status quo is due for a shakeup, and a "fresh face" can certainly do that now. Looking forward to the coming days! I did not predict Abadi to be the next/new/continuing PM, although there was certainly a chance. Regardless - I have a good feeling about the new guy. The coming days will be a strong indicator of how things will shape out. =================== This is big news, so I'll be monitoring the thread and checking in throughout the day(s). I don't normally respond to the follow up comments in the weekly updates, but this one is big enough to make an exception... leave your comments below. GO RVVVVV!!!!! - Adam P.S. The VIP entrance is here: https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/ Remember... you snooze, you lose!
  22. Morning all! Just FYI today’s update will be coming in late. I’ll send out an email when it’s up!
  23. Morning morning morning!!! Let’s hop right into it, shall we? Yes, we shall! In case you missed the last week of Iraqi news, here’s where we are: Iraq, in a rare move that surprised many and left a lot of jaws on the ground, appointed a President (Barham Salih) and the newly anointed one promptly gave us a new Prime Minister, Adil Abdul Mahdi. I know, I know… TWO accomplishments in one swift move? In the same week!? There’s a couple words we’ve been dying to hear… “swift” and “accomplishment”! Believe it or not, it happened, and we’re off to the races. Before I go into my thoughts and analysis on the new landscape, let’s remember what this really comes down to… OIL. For us to profit off of a rise in value on the currency of Iraq, they must raise the exchange rate. This is a very simple concept - it is a simple matter of market manipulation and if it benefits them and is feasible - they will do it. When the value of IQD plummeted, that was at a time when there was no faith in Iraq’s ability to cover it’s debt. Iraq was a country torn by war, confusion, chaos… it had no leader, it had no way to act as a sovereign nation. Iraq was placed under Chapter 7 by the United Nations, rendered incapable of operating a full military, helpless and dependent on outside help. Without means of protecting themselves, they could not possibly take advantage of their natural resources. They did not have any strength, and they had to go the long road of rebuilding not only their country, but rebuilding the world’s confidence in their ability to buy back their currency and deliver on their contracts. A revaluation of their currency was a long shot in 2008, but it was certainly possible. Now, in 2018, it’s much less of a long shot. In fact, with the complete passage of the HCL, it’s almost a certainty. Back to the present situation: According to the Iraqi Constitution, the new PM has exactly 30 days from taking the role to seat/appoint/select the new GOI. For those of you new to the discussion, that means nothing… if it takes longer than 30 days, nobody is getting hanged, tarred and feathered, or anything else. I expect to see the job 80% done inside the “mandatory” 30 days… … but that 80% is probably enough for the job we need done. We’re looking at a very clear trend. We can trace this all the way back to former Prime Minister Abadi’s assumption of his role as former Prime Minister. He had heavy resistance, but with the support and backing of a (slight) majority of the PTB, he was able to take charge and for quite some time made impressive progress on many things that have propped up Iraq, making it a more stable country than it has been in many decades. Follow recent history over the last couple years, glance at the recent elections, then compare them to the elections that were held over 10 years ago when many Iraqi Dinar holders first heard that there was an opportunity for the Dinar to regain it’s former value… OH. WHAT. A. DIFFERENCE! The recent elections were held, they took their time sorting the votes, and there was no major drama or setbacks. A President was appointed, then a Prime Minister, and STILL no significant upsets or shocking news. Do you see what this says about Iraq? It says that they have control of their systems. They didn’t have to call for help on anything. And that is EXACTLY what we want to see, what the world wants to see, in order to support a revaluation on their currency. This brings us to the present moment, where PM Mahdi is tasked with the job of forming the government. A strong key to the future value of Iraqi Dinar is, as I mentioned earlier, OIL. You know I like to save the good stuff for last! Oh, did I mention that incoming Prime Minister Abdul Mahdi served as OIL MINISTER between 2014 and 2016? That’s right… and he was placed there under Abadi, back when it was Abadi’s job to form the GOI. Even before that, Mahdi was Finance Minister under Allawi back in 2004. This new Prime Minister may not be everyone’s favorite… but he has some very serious credentials, and I think he’s going to play very nice with all of the important people in this process. New President, New PM, solid progress already happening. These events are not random. The people leading the current charge were not pulled out of a hat. I mentioned in a recent update that I feel the “President” is mostly a figurehead, and that’s still my opinion. I’m not going to risk the wrath of President Salih… ah, screw it… he’s a sock puppet. Who am I kidding?! Sorry everyone, I was getting off track and enjoying myself a little much there I’ll get back to the point. This recent election is a ROARING success for Iraq. We have a new President. That issue is settled. The new President picked and named a uniquely qualified Prime Minister so fast that some members here have reported feeling the effects of whiplash. Said new Prime Minister is already showing how capable he is by moving with impressive speed in forming their new government. If this keeps up, we’re looking at progress like we’ve never seen before - the HCL is going to be upon us before we even realize it, and if you aren’t watching for that RV text from me, you might miss it! With all this going on, you can bet I’m redoubling my work behind the scenes to be sure we’re ready for it. I don’t know when that text message will go out, but I’m ready at a moment’s notice… are you? Our VIP group closes to new members IMMEDIATELY on announcement of a revaluation in the exchange rate of the Iraqi dinar. You can join here: https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/ Just one question from the members this week, and it's a good one: @Synopsis, that is indeed a doozie! I'm glad you linked to the specific post that got you thinking about that. Reading the following articles, and then your post further down that page, is certainly thought provoking. My opinion - there is some meat there. There are also several workarounds, so I won't settle on that being a key factor... but the thought of Shabibi being reintroduced as a key player doesn't turn me off at all! It will be interesting to see if his name comes up in this critical 30 days we are wading through right now. Excellent post, and thanks for sharing your thoughts! In the Crypto forum... is Bitcoin ready to bounce? In the weekly lotto pool... I'm in, are you? That's my "short" summary and thoughts for this morning. Leave your feedback and comments below. GOOOOO RRRVVVVVVV!!!!!
  24. Good morning and HAPPY HUMP DAY! Today's update is going to be short and sweet, you all know I don't like to use 100 words if 10 will suffice! Short update: October 2nd is a critical date. If you want to just take my word for it, carry on about your life and wait for my email, you can go now. Longer version: (**WARNING! Tin foil hat zone ahead. Proceed with caution!**) We're still slogging through the election/appointment process. I said weeks ago that this wasn't going to be a fast process, but we're nearing the end of it. You'll notice I just added the term "appointment" to the election situation... that's another thing I have been talking about for the last couple months. They made a big deal of "counting and recounting" the "votes", they came to within a very small percentage of accuracy on the ballot totals, so it should have been a no-brainer who the winners were, correct? Ah-ha, nope! Not in this game, my friends! Iraq calls their process a democracy, but anyone with half a brain knows it's not. Take this article, for example: This isn't bad for us. It might be frustrating and unfair to the Iraqi people, the ones who cast their votes and find out later that their vote really didn't matter... but that's the way the world works, and it's just a bit more obvious in Iraq. The good news is that we're nearing the end of this 3 ring circus of Iraqi "elections". A few "winners" will be announced (selected, appointed, anointed, or whatever you want to call it), and progress will resume. I mentioned that October 2nd is a critical date. Here's why: Parliament is set to vote in a President on that date. I have no opinion or real preference on who gets the job of "Head Puppet", but here's some info on one potential. Keep in mind that the "Presidency" is much less important than the Prime Minister seat, in my opinion. I'll link to an opinion piece from a writer who shares my opinion, I think it's a good read. And with the understanding that the entire process is rigged, I'm really looking forward to the very real possibility of a "*SUDDENLY*" event where Abadi retains his seat and this rocketship gets it's fuse lit! That might have been a lot to take in, so feel free to comment with questions and I'll check back in later to clarify my thoughts. My summary today is simple... we could be a short week or two from seeing major events. I'm looking forward to it! That's it for now, friends.... GO RRRRVVVVVV!!!! - Adam P.S. Remember a little over a year ago, when one of the hot topics on the forum was the threat of Kurdistan separating and causing havoc in this whole situation? Remember I said not to worry about it? My opinion is unchanged. Check out this article: P.P.S. Don't forget to join us in the Weekly Lotto Pool!
  25. ***UPDATE TO POST: We are helping out with Florence. See here: *** Hey hey good morning! It's been another week in the life of a dinar holder, hasn't it? The news is flowing but it's as clear as mud, and dissecting the articles that have been poorly translated by Google or any other source can be a daunting task. Here's the summary: We have two pending issues before we will see an RV. One is a resolution on who, if anyone, will take Abadi's place. I'm feeling more and more confident that Abadi may very well retain his position, and that's a great feeling! Without getting too deep into it, because I've certainly spent a fair amount of time on this topic over the last couple months, I feel like he's a great option for the country and it would be much more expedient for our purposes if he were to retain his seat. The other issue, of course, is HCL. There are some rumors floating around that it is "done"... I have not seen any evidence to back that up, and that's my stance. Steady progress has been made, but until the first item is cleared up we really cannot expect anyone to stick their necks out and "get it done". Until they know where the money is going, they aren't going to be signing any deals! And until they have a new PM locked in, they can't be certain where the money is going to go. It's as simple as that. As far as a "timeline" on this situation... I don't know. It could be a week, or a month, or more. But they will not go forever without an official sitting Prime Minister, so as soon as that is settled, that is when we can expect things to move forward. Items of note: 1. I like progress. It appears that the Speaker role has been filled. Good news there! Keep up the good work, Iraq... check those items off the list until we're ready for launch. 2. Did you wake up today with a strong desire to bang your head into a wall? An overwhelming desire to be confused and lost? This might be the page for you to read! Be sure to get in the Weekly Powerball pool! You can't win if you don't play Here are the Weekly Q's from the members: I'm not sure what the question is. Hey Ron, thanks for the post. I still think we are in a promising situation right now! "How" they are selling oil is exactly why they need the HCL in place. Without the HCL in place, their entire process is antiquated and inefficient, and prone to argument about profit sharing. Once the HCL is finalized, they can focus on other things... that's why it's so important. So, the answer is this: poorly, inefficiently, and not meeting their potential. I'm sure they'd love to, but their power is limited. No concerns there in my opinion. "Why" is it taking so long to implement a new PM? It's Iraq I don't feel you are overstepping at all. You were around for our Dominica drive... I'm not a fan of just handing money over. If you recall, thanks to the efforts and contributions of the members on this site, I actually went to Dominica myself with over $10,000 in supplies and delivered them to a couple of worthy and capable organizations a few years back. Unfortunately, I'm not in a position to travel to the Carolinas to help out right now... so I'll do the next best thing and show some financial support. Can you please give me a direct link to the most efficient place to donate money to? No direct insight on that particular article, sorry bud! Thank you for your generosity and support to Rod's question. I'll be doing the same. Check out my response to Rod above - I'll be sending out an email regarding that in the next days. ============= That's it for this morning, friends! I'll be in touch soon. - Adam
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