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Found 229 results

  1. Gooooooood morning Dinarvets! There is a lot to discuss, but time is short for me this morning. I'm going to do this update somewhat "shorthand". WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. Related articles here. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! That's it for now. Keep your heads up and don't let the holidays stress you out! - Adam
  2. Good afternoon all! Today's update will be really short, mostly because I want to see the next couple of articles that follow this one: Also, because Cyber Monday kicked my butt there was a lot of fun had by myself and the members in the VIP section, and I also got most of my Christmas shopping done! The downside is it stole a day from me, and I'm a bit behind on work. We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff! Told you it was going to be short. GOOO RRRRVVVVV!!!!! - Adam
  3. Happy Wednesday DinarVets! I'll get to Iraqi Dinar in a minute - first, a couple headlines. 1. Michael Bloomberg officially entered the race for 2020 US President. We've all seen people blow a ton of money, and he can't/won't win (Vegas odds are +2500 currently), so I wonder if there's an ulterior motive here. Anyone have any thoughts on that? 2. Thanksgiving is tomorrow! I'm thankful for many things, one of which is the fact that I'm not travelling through Denver right now. 480+ flights were cancelled through Denver International yesterday... eek! 😬 3. One of these days, we're going to see the IQD revalue. I'm sure of that. What I am NOT sure about is if we will ever hit the lotto big... but you can't share if you don't play! Get in this week's lotto pool here. Of course, you don't want to miss out on the Black Friday special going on right now! Use code "go2019rv" for 25% off on your VIP upgrade or extension. Click here to select the VIP package you want. On to the Iraqi Dinar! The "hot topics" on the subject seem to be budget, budget, and also... Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple. When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: It doesn't have to be complicated! And that right there covers pretty much everything. There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed. I don't normally comment on the comments of others, especially the "gurus", but I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. But wait, there's more! Want something else to smile about? How about this... HCL incoming!!! Check out that article, and a couple of the following posts in that thread... the writing is on the wall! That's it for now, friends... this post was meant to be up much earlier today, so I'll wrap it up here. GOOOO RRRVVVVVV!!!! - Adam
  4. Happy Wednesday, DinarVets! Here we are, the week before Thanksgiving. To me, "Thanksgiving" is more than just the day in late November when we all gather around with our families and eat turkey and candied yams and green bean casserole and all kinds of other delicious foods... the word "thanksgiving" itself is actually first defined as "the expression of gratitude, especially to God." Personally, I don't care what God you love, or if you don't even subscribe to a religion. I have my own beliefs, and they match some of yours. They don't match others... but we should all agree that it is good to "give thanks", to be appreciative for the blessings that we have, and to find reasons to be happy with life. I'm thankful for this community, the many friendships that have been made here, and I'm thankful for hope. Turkey and pie are just bonuses. (Dark meat for me, please! And keep the celery out of the stuffing, you monster! ) Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days. I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there. We can draw a very significant parallel between bitcoin and the Iraqi dinar here - it is estimated that 4-5 million bitcoins have been lost forever. I know I personally lost quite a few on an old hard drive, and others have lost even more. I had some on exchanges that went under, and some I just lost the key to. No matter what happened to them, they are gone forever, which raises the value of those remaining to be traded. The same goes for Iraqi dinar - with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well. Talk soon! And be on the lookout for some Black Friday/Cyber Monday specials around here... they may be coming at a really good time for you. - Adam
  5. Good morning Dinarvets! I didn't title this thread "weekly" because it's probably not going to be the "official weekly" update... this is more of a "drive by". I mentioned recently that I have a favorite daily newsletter - it's called "the brew" (you can get it free at that link), and this morning they nailed a lot of topics that were already on my mind. I figured it would be worth making an appearance for these topics, so here we go! Amongst the topics... Trump/Syria/Turkey/Kurds: This one is a little complicated, so let's break it down. It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds, finger pointing at Trump because he's bailing on the Kurds when we are supposed to be babysitting them, Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and here on DinarVets we're all like "wait what about the Iraqi Dinar?!" WHEW! That was a mouthful First, I'll quote The Brew - they said it well enough: Next, let's identify "the Kurds" - I'll quote a part of this WaPo article that gives a good explanation: So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq... a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. (GO RV!) ================ Politics... Elizabeth Warren has been running ads accusing Facebook CEO Zuckerberg of supporting Trump in the last election, and her ads specifically state that the accusation may not be true. Read that again if you need to ================ Speaking of Facebook, their cryptocurrency Libra lost a ton of backers... PayPal among them, followed by Visa, Mastercard, Stripe, eBay, and Mercado Pago. Tim Apple also stated a "hard no" on an Apple Crypto, which opens up a lot of room for discussion on the future of BTC. My take is that BTC lost a serious potential competitor with Apple pulling out of the game for the moment. Tim's reasoning for not wanting to get involved in crypto actually supports the argument that crypto is destined for success - feel free to chime in on that one! I have a feeling that the recent release of the Apple credit card has more to do with their current stance on "AppleCoin" than anything else. Either way, BTC seems to have stopped pulling back on price and is poised to move up again. I'm keeping a watch on it. =============== That bit about crypto wasn't in the brew's email this morning, but they did mention bank profits... or rather, the decline in bank profits. Quoting again: I'll add a bit to that... banks aren't going to lose money when there is the option of negative interest. Negative interest is when the banks charge you to keep money in the bank, and what kind of impact do you think THAT will have on Crypto? To the moon, baby! 🚀 #HODL =================== That's enough for the Monday morning drive by... Happy Columbus day! ( Sorry, couldn't help myself!) - Adam
  6. Happy Wednesday, dinarvets! I'm in the middle of a blizzard (ok, it's just snowing a little) and I've got a bajillion fires to put out here at home, so this one will be quick! The good news is that I see lots of good reasons to come back with more updates before next Wednesday. In fact, I made a detour to buy a lottery ticket this morning - that's how good I feel about the near future! (Get in the lotto pool here.) It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear. This article I posted states that the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week. Here's some evidence of what I'm hearing that has me feeling positive... despite the blustering about not wanting US interference, the news says they are doing exactly what we want. Take a look at this and the 12 posts that immediately follow it: We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly. - Adam
  7. Good morning and Happy Wednesday! Iraq isn't in the best possible spot this week... we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side, the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. On a related note, I've seen a couple of the "rumors" floating around about the dinar being released with "par value" (that means nothing to us), or Chapter 7 being reimplemented, and a few other things like that. I say it's related because when Iraqi news is slow, or negative, the "gurus" always seem to come up with some nonsense like this. That's what it is - nonsense. Just read it, give your favorite newshound or rumor sharing member a "❤️ " for sharing, and take a deep breath - the situation will work itself out, and we'll be back on track shortly. Crypto. BTC settles in over the $9000 mark after a nice boost up... remember a few updates ago when I told you I was going to trade some precious metals for crypto and grab a short term gain? China's news a couple weeks ago certainly happened at a good time! China continues to back off on their former ban on crypto, basically stating they are going to support blockchain... if not necessarily supporting bitcoin itself. Either way, this is really good for the crypto world in general. More blockchain projects and support means more adoption, which means more demand, and BTC stands to gain from that both short and long term. Recommendation for the day: Follow the Crypto section in VIP! You can choose more or less notifications, based on your preferences. Personally - I get an email anytime a new thread is posted, and of course a notification when a post is made in a thread I follow. If you don't know, you can't win. Just for fun: Courtesy of the brew, check out this amazing footage: That's it for now! It's unfortunate that we're seeing a delay in Iraq, more so for them than for us, but keep your head up and stay positive. This train is still heading the right direction. - Adam
  8. Good afternoon, DinarVets! Just a short note from me today. There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more... all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause". Not much more to say at the moment! We wait. Some of us patiently... others, no so patiently. Keep your heads up and kee on smiling! This shall pass, and then 💥 (in a good way. Not 💥 in a bad way. Perhaps that's the wrong emoji for this situation. ) - Adam P.S. How about that resignation we've been hearing about?! Sounds a little like the so-called impeachment process we have here at home in the US of A Thread open for comments and questions.
  9. Good afternoon all! No weekly update this week. Our path to an RV of the Iraqi dinar is pretty clear, so I stay on top of the news and my messages from my people, but I had a major project come to a conclusion over the last week and it kept me away from the computer. I won't say it broke my heart to stay away from the computer for a few days longer than I usually do Normal updates resume next week.
  10. 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
  11. 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
  12. 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
  13. 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!
  14. 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:
  15. 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
  16. 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?
  17. 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
  18. 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!
  19. 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
  20. 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!!!
  21. 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
  22. 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.
  23. 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
  24. 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! )
  25. 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.
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