Questions for Adam-- Feb. 29th

[Adam Montana]

Good question for the weekly chat!

[Goldiegirl]

Adam, what is your opinion on the RV needing to be complete prior to the Arab Summit on March 29th?

[eastcreek]

Enter your questions for Adam's next chat in this thread. We are certainly moving closer to the RV..... this week's chat should be good.

Adam, from time to time, I still hear/read someone ask something along this line, " how can Iraq afford to RV ? Won't they have to pay out trillions of USD to all the folks that want to exchange their IQD."

I am no finance expert, but I think I understand how this will work, and my understanding doesn't involve Iraq having to pay out trillions of USD to those who want to exchange. Please educate them/us. Thanks.

[jerry125]

Just wounder what's your feeling on all the talk about Warka going under so to speak? Also i sent some questions on IBC and have not heard? willl it take 3-4 days or more for a responce? I sent it to VIP?

[cisole]

Adam

One lump or two?

[cgbrown]

Is it a truthful announcement that HCL will be brought before Parliament in March.? Do you think this will occur before the Arab Summit?

[alan_coaks_3]

adam i have a ? for ya. i have googled other currencys that have drop the zeros on there local currency banknotes and everytime that happend it was an RD . iraq news articals have been talking about droping 3 zeros on the iraq currency banknotes for 2 years wouldnt that be considerd an RD ? i have never heard of another currency that droped the a certin amount of zeros that wansnt a rd .

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[jon29]

Good morning Adam, looks like there have been a bunch of questions, so I'll keep this one short: With passage of the 2012 Iraqi budget, are there some things in there that look better than 2011's as a good indicator of a soon to be improved society and economy (for instance, oil revenue helping the citizens)? Hope this makes sense. Thanks!

[cricket10]

Thank you Adam in advance for everything. Within the Budget, wouldn't the RV be included, and by passing it, wouldn't they have to RV to inact it?

[brob]

Thanks for everything you do Adam. I am curious about the situation with warka bank. Any thoughts you can share on this article?

Also very curious about Warka, hearing lots of not so good news. Thank You.

[upnorth]

Adam, your past feelings on the revaluation of the IQD was between .10 on up to about a dollar. Is this still where you feel the rate will end up or has your estimation changed any?

[DayTrader]

adam i have a ? for ya. i have googled other currencys that have drop the zeros on there local currency banknotes and everytime that happend it was an RD . iraq news articals have been talking about droping 3 zeros on the iraq currency banknotes for 2 years wouldnt that be considerd an RD ? i have never heard of another currency that droped the a certin amount of zeros that wansnt a rd .

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1. Articles

2. Currencies

3. Happened

4. Dropping x2

5. Dropped

6. Certain

7. Wasn't

8. An

9. Their

10. Plus a few more......

Spelling 101 and proper use of the english language for the "Intellectual Investor". Class Dismissed. So Says...................DayTrader

[Shick]

Thanks Adam for all that you do. I know you must be a health nut, to aide you in your activities. But my question is on Zebari's visit to Kuwait to discuss future visits from Iraq's leaders and the upcoming visit of al-Maliki and their agreement to activate and resolve outstanding issues in preparation for laying the foundations of positives to remove Iraq from Chapter VII, (which I thought Maliki had already visited Kuwait). Do you think this visit will help in expediting the RV any sooner in March since Feb. is over, just asking.