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Found 234 results

  1. Hey hey Happy Thursday! Thank you to all who responded in this thread yesterday - the support and love that this community shows is nothing short of incredible! Quick update on the Iraqi Dinar for today... I'm very very interested in how things are playing out. It's very easy to get distracted, but we're too smart for that here at DinarVets. POP QUIZ TIME!!! Who is the Prime Minister of Iraq? (Insert Jeopardy music... 🎶) Ok, time's up. The answer is: Abdul Mahdi! (Did I just hear gasps and other noises of shock and awe?!) Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all, and I believe there was some Hell and Brimstone and perhaps the stock market was about to tank with the impending WWIII... but for some reason, the only thing I've heard about on the news today is a bunch of fluff about IMPEACHMENT of the President of the United States. An Impeachment which, by the way, is going nowhere. It's a non-story. And the DOW is over 29,000 are you laughing at all of this with me yet?! I don't know what bugs you more - fake news, or non-news - but this has the marks of both at the same time! It does not actually annoy me, of course. I let it go in one ear and out the other, as I'm digging through the news for what REALLY matters. Despite the news being clogged up with all the non-news and fake-news headlines, there is actually a lot going on that we should be aware of. For example: The budget isn't a huge deal to me, but the "devil is in the details, as they say. Check out this follow up from @DinarThug - Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact... it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern, as he's doing in the article I linked to above - he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV. We aren't in WWIII. Bitcoin is back over $8600. (Super interesting article here.) The DOW is over 29,000. All good stuff, my friends... closer and closer we inch, every single day! That's it for me right now - more to come later. - Adam
  2. Good morning and happy Wednesday, to all in Dinarland and everywhere! WOW. What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. There is so much news and activity right now that it's almost impossible to keep up! This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. I'll give my opinions on the situation, but this is a fluid situation - things change fast. Also, some of these are my personal opinions - you don't have to like them, or agree with them. You are entitled to your wrong opinion. Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency... but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani - justified or not - is likely in favor of a quicker path to an RV. I said that the protests would take about 6 weeks to wrap up. I was a little short on the timeline, but not much - and they did wrap up. This situation is a continuation, and very similar - it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket. The recent protests in Iraq, which started officially at the beginning of October, were largely instigated by the people of Iraq being fed up with the Government of Iraq's then current progress, which was largely influenced by Iran. The "read-between-the-lines" message was pretty simple: "Get Iran out of our country and do something good for us!" Iraq has made official announcements that they want all foreign troops out. The announcement is non-binding for the United States, and there is talk this morning that sanctions may be imposed on Iraq if they don't cooperate with our goal of controlling the Iranian terror machine. Yes, I that too: The Iranian terror machine. War isn't something that anyone should take lightly. The political rhetoric surrounding any serious situation, on the other hand... I tend to laugh that stuff off. For example, the idea that Trump should have gotten approval from Congress prior to sending Soleimani to meet his virgins... are you kidding me?! I suppose he should have followed that with a press conference announcing the attack in advance, and then apologize with a planeload of cash. Right? Anyway... we are indeed in the middle of a very tense and hectic time. I'm sure we are going to see all kinds of Chicken Little Syndrome (I'm calling it "CLS" from now on), we're going to have questions and self doubt and panic... buckle up, hang tight, and be ready. Kind of like what I'm doing, preparing for the comments I'm sure I'll get in response to this Weekly. On another note... my football team is in the playoffs. And Tom Brady isn't. GOOO RRRVVVV!!!!! - Adam P.S. Are you in the weekly Powerball pool? P.P.S. For anyone suffering from CLS, here's some medication:
  3. Hey hey all! I tagged this post as a "Weekly" even though there have been more than one "Weekly" lately, and even though it's a holiday week... there is probably going to be more than one this week as well. In the last update, I talked a bit about the upcoming change in leadership in Iraq. I'll recap, because it's important and even fun at this point with the solid stream of good news flying our way! Back in early October 2019, the people of Iraq finally had enough. If you were a member of that group, you'd probably feel the same way! Especially knowing as we do that your country is capable of increasing your spending power in a major way, and the only thing keeping you impoverished was a bunch of corrupt bureaucrats stealing your money... ... following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. By law, there was a period of time to appoint the next leader. What is being said over and over, in many different ways, is that it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. I know I'm not the only one who sees this! The people of Iraq have forced a change in the government, because they were not happy with what was going on. And unless the next person gives them something good, and fast, they will be rioting again. I also mentioned in my last update that things should be happening fairly quickly. That update was a mere 5 days ago, and instead of the usual weeks or months of delays, we are seeing a different Iraq. I'm just going to snag a bunch of excerpts from a hot thread: This from an interview with Baghdad Today referring to President Barham Salih: The following of Tawfik Allawi: Allawi is reported, among other things, to have not liked Maliki: And Allawi himself says this: He says this knowing full well that if he doesn't appease the people, he will be next on the chopping block. He says this knowing that if he doesn't make the people happy - they will be rioting again. It really appears that the people are pushing the cart now, instead of being led like sheep. The people aren't going to wait long. They want change, and they want it fast. I'll gladly take that change, regardless of who brings it... and it's looking pretty obvious that someone is going to have to bring it. Or else. Today or tomorrow we should have an announcement on who is going to take the responsibility for that change... it may be a surprisingly great Christmas after all! ================ / / =============== You have TWO DAYS left to take advantage of the discount on VIP! Christmas is scheduled for December 25 this year, so take 25% off your VIP package at DinarVets.com with discount code “25”. The BETTER deal is to never pay for VIP ever ever again, and get a huge discount on it – also, it’s saving me the trouble of sending your Certificate once the RV is announced – at the link below. Platinum VIP (Lifetime) is normally $379, but you can get it for yourself or as a gift for only $199 from now till Christmas. No coupon needed, just get it below: GOOOOO RRRVVVV!!!! And, of course, Merry Christmas. - Adam
  4. Good day and happy 27th of December, friends! Iraq is taking the end of 2019 serious, in case you hadn't noticed! There's a lot of chatter on the webs about the various news, and it's worth discussing! First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again. Of course, we all know that whomever is put in that spot is going to be a puppet, so I should say they know they are going to need a much more acceptable puppet, with a new song and dance. Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! This takes us to the current situation. My take on it - the President put up the candidate (Eidani) under pressure from Iran and other influences, but he knew that wasn't going to fly. It didn't, and now he's threatening to walk if the GOI doesn't get serious about listening to the people. Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. I'd be happier if we were a little further along and we had an RV, but obviously these things take time. The next 48 hours will give us more, as stated in one of the quotes below. Oh! The quotes below - I pulled these from some articles posted by @DinarThug in response to the thread "Iraq deadline to appoint new PM looms" - hat tip to you, sir! Excellent work. Read below and piece it together! And... we wait. But not too long, the way things are moving right now. Goooo RRRVVVV!!!! - Adam
  5. Good afternoon, DinarVets peoples! This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now. It might help everyone understand my line of thought by giving a short timeline: Eons ago, an evil force was removed from power in Iraq. The country spiraled into the stone ages, they lost their wealth, and their currency plummeted in value. Sanctions were imposed on Iraq, wars raged. Lots of conspiracy theories to discuss there, but let's stay focused Through years of hard work and slow progress, the major sanctions were lifted (Chapter 7), and Iraq rebuilt it's government. Iraq's currency has also regained value. Make no mistake - going from 4000:1 to 1190:1 is nothing to scoff at! As Iraq has continued to improve on it's situation, they have gone through various leaders... Maliki probably being the worst, Abadi the best. Mahdi had a chance, but... ... on October 1, 2019, the Iraqi people (middle eastern millennials, mostly) basically revolted against Mahdi and the current GOI, and - - shortly after the rioting began, Mahdi resigned his position. Note: he is still acting as Prime Minister until a new PostTurtle is selected. That brings us to the present day, so let's put it all into perspective. We just walked through a 16 year story with very little detail. The small details that fell by the wayside through that timeline simply don't matter once we cash in, do they? No, they don't. When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press... it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! - Adam
  6. 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
  7. 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
  8. 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
  9. 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
  10. 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
  11. 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
  12. 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
  13. 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.
  14. 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.
  15. 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
  16. 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
  17. 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
  18. 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!
  19. 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:
  20. 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
  21. 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?
  22. 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
  23. 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!
  24. 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
  25. 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!!!
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