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Hey, Adam, I have a Question!!


cgbrown
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Good morning Adam and everyone. In your drive by chat you were excited and waiting for confirmation prior to sharing information. During the last chat you said you were waiting on HCL info that never came. That would have been awesome but in the drive by you said you were awaiting info that would have lobsters eating crow. Any new info in that front? Thank you, Tony. P.s. thanks and good morning to Kcw also.

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If this re-dominates before it revalues, do you know when that will happen by (just the rd part)? From reading the news articles my best guess is from Sept 2012 to Jan 2013, though I don't know for sure. Appreciate it. Hoping very much for the rv before the rd, though also know this is just speculative.

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Your last chat you said it makes sense for this to RV and then RD. If it does RV and then RD before I cash in do you think my large notes will be honored at face value and then taken out of circulation or will my large notes be honored at the lower denomination (25,000 = 25)?

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Adam Good Morning

We have had a lot of good news come out last couple months now. I hope that Shabbibi is not playing us for fools just to get our money. It is getting harder & harder to stay positive as weeks keep going by. My question is if this would RV low under dollar is there IMF ruling thats states only rv every 90 days & up to 2% only. I had read something I believe on UN site long time ago about some stipulation like this. Or even higher than dollar same info I personal feel will go at least $1.00 when it finally RV's. Again thanks for all your help & hope you & family are well.

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Adam, do you have an opinion on Ali having established a bank in Iraq (presuming this is fact not rumor). It also appears that Ali has become more active in posting on the net his opinions regarding the dissemination of misinformation.

I have posted before on this site, my belief that at least 72 hours before any RV/RD DinarTrade would become active again in buying/selling. Your thoughts please.

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Adam, if the RV comes out at .10 and then goes up like you said, would it be a good idea just cash in at the .10 or hold what we have and wait? Or should I cash in and reinvest in the smaller denoms and wait for it to go up? Just want to know if the value of the larger denoms will be going down, like IQD 25,000 to IQD 25?

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Hi Adam --

First of all, thanks for all you do for us. Second is my question -- kind of an "addendum" to "rope's" above.....I read the article posted in the Gazette regarding the budget, and it indeed, has been posted. The question I have is that once this has happened, it has always been my understanding that the RV HAD to be imminent, or already done. I also read a "blurb' on Bloomberg that "Iraq had re-valued their currency." Is it possible that this has happened, but for whatever reason the world is being kept in the dark about it? And, if so, WHY, in your opinion, would they not release the information globally?

Thanks again,

Catone

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Could you comment on the articles that say the new denoms will be out in Sept., VS. The articles that state the new denoms will be out in 2013? Obviously there can be no RV until the new denoms are out but I question those two specific dates, as they are consistently used in dozens of articles.

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Adam, hope your Wednesday is off to a good start and thank you for your time. Reading over the previous entries there seems to be a lot of concern with Rd, Rv, soon, not soon, etc. (this is common) I realize this is all speculative but my basic question is this: From the business perspective as Iraq stands (if these articles/reports are truthful and not puff), and in your opinion, do you believe Iraq's currency adjustment (redomination, revaluation, etc.) could very well go to next year, beyond, or not happen at all? please feel free to share your thoughts. I value your website and appreciate your 'no nonsense' point-of-view.

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What up Adam? Crazy ride for sure.

Let's Assume.

Let's assume that you are a single man. Let's assume that you have been blessed in life. Let's assume your 2 grown children are out on their own and successful. Let's assume your home and vehicles are paid for. Let's assume that you are financially secure. I know that's a lot of assumptions, but let's go further. Let's assume that you walk into a casino with a thousand dollars and win a one million dollar jackpot. Let's assume that after taxes you walk with $680,000. Now, here's the question. How much of the $680,000 do you use to purchase more dinar? and why? Depending on your response to that question, if there is any left, where and on what do you invest the remaining amount? and why?

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What up Adam? Crazy ride for sure.

Let's Assume.

Let's assume that you are a single man. Let's assume that you have been blessed in life. Let's assume your 2 grown children are out on their own and successful. Let's assume your home and vehicles are paid for. Let's assume that you are financially secure. I know that's a lot of assumptions, but let's go further. Let's assume that you walk into a casino with a thousand dollars and win a one million dollar jackpot. Let's assume that after taxes you walk with $680,000. Now, here's the question. How much of the $680,000 do you use to purchase more dinar? and why? Depending on your response to that question, if there is any left, where and on what do you invest the remaining amount? and why?

GOOD QUESTION: 'loaded' but good. However I think it would take a book to answer the question(s) you have written here and implied. Don't expect a lengthy response. Adam only has a few short minutes to field questions. Best buy his book.

And 'no' Adam didn't give me a free "VIP membreship" to say that.

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Adam, thanks for all the time and effort you put in. I seem to remember that either the IMF or UN regulations mandating that a country can only issue new currency every 10 years. Is it possible that's what is going to happen? 2003, new currency was issued. (We are holding that). Issue new currency in 2013 with new denominations, zeros deleted, Kurdish language included, rendering our currency null and void. Thoughts on that? Thanks

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