Popular Post kcw Posted April 5, 2012 Popular Post Report Share Posted April 5, 2012 [Adam Montana] Howdy everyone! I know the Wednesday Q&A is late, please put down the tar and feathers. Thanks for being flexible with my schedule [Adam Montana] I've seen a few people mention that I'm not delivering much exciting news lately, and it's 100% true. It's also 100% GOOD in my opinion, for what I'm sure is an obvious reason to many of you [Adam Montana] it's because so much good has ALREADY happened, that there simply isn't anything much left to get excited about! Iraq has already overcame 99.9% of the hurdles that they needed to get over. They've accomplished what they need to accomplish, and it's now "poop or get off the pot" time. [Adam Montana] Now, until they make that move I could spend 5 hours a day in the chat room, but without any news to share I really don't envision myself doing that [Adam Montana] Until I have great news to share, my chats will probably be short and to the point [Adam Montana] so, at this time we're looking for the SAME THINGS AS LAST WEEK: HCL, Chapter 7, RV. It's really that simple. [Adam Montana] I believe we have some Q's to go through! kcw, I'm ready when you are . [kcw] cgbrown Well it is obvious that we did not see a RV in March.... so when is our next window of opportunity??? What hurdles are still before us before reaching the finish line on this investment??? . [Adam Montana] I'm still sticking to my "now to September" timeline. [Adam Montana] next please! . [kcw] Sun Devil Adam - You were pretty confident last week when you said "the lopsters will be eating crow soon". Has that sentiment changed? . [Adam Montana] Nope, it has not changed. I do not think the lobsters wil be vindicated, I think they will be proven wrong by the once again wealthy Iraq, and I believe they will pull a lot of that wealth out of thin air by RESTORING value to their currency. The CBI has the power to do it, and I think they will do it soon. [Adam Montana] next please! . [kcw] Firedawg Adam, With all of the conflicting news stories out there could this be the mis-information stage right before it pops? . [Adam Montana] I've felt that was the case for the last couple years, but I think you're right - it is getting more and more contradictory and I believe they will use a lot of misdirection right before it pops. [Adam Montana] next please! . [kcw] juan martinez What impact, if any will our Presidential election have on the timing of an RV? . [Adam Montana] I think the US has given Iraq as much help as we are going to, now it's time for us to be repaid. With that said, I don't think our elections will impact the timing, but I do think we will benefit from it when it happens, even if it's after the elections. [Adam Montana] next please! . [kcw] BeringSea 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 . [Adam Montana] My guess is exactly as yours is. Cheers [Adam Montana] next please . [kcw] choeschen 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)? . [Adam Montana] well, if they impose a cash in time window, you will know then. If there is no window, and there is an RV before the RD, then your 25,000 note would be worth 25,000 at a 1:1 rate. Of course we don't know what the rate will be, so that part is debatable. IF they just do a straight l0p, then most likely your 25,000 would only be worth 25 if they do a full 000 l0p [Adam Montana] the only way your note wouldn't be honored at face value is with the l0p. However, we've all seen the articles that state they want to raise the value, and l0pping does not raise the value [Adam Montana] next please! . [kcw] edbeach Adam Good Morning We have had a lot of good news come out last couple months now. ….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. . [Adam Montana] There is no ruling or law that states that. There have been instances where that was done with certain currencies, but the situation was different than what we have here. These things are done on a case-by-case basis [Adam Montana] good question though. Next please! . [kcw] rope Topic in chat is 2012 Budget Posted in Gazette April 1, 2012. What stage does this put us in? . [Adam Montana] it puts us in the "hurry up and wait" stage [Adam Montana] Regardless of what THIS budget says, since they haven't RV'd yet the posted budget could be just temporary. If you walk into a casino and win a million bucks, your personal budget would change drastically. Same goes here. [Adam Montana] next please! . [kcw] adlon 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 . [Adam Montana] This is a funny question, because that rumor has been going around for years. Now that he's starting to come back into the public eye, it's floating around. I don't know for sure, but I do know that when this rumor first started, it was debunked. [Adam Montana] But to answer your question: [Adam Montana] If Ali has made enough money to start a bank, I say "good for him". However, Ali has nothing to do with Iraq's decision to improve the value of their currency. He can't influence it, he can't vote on it, and one more bank in the world isn't the deciding factor in this ride. [Adam Montana] next please! . [kcw] scottch 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? . [Adam Montana] that depends 1000% on what Iraq mandates that we do. If they put a window on cashing in, we can't fight it. If they don't, then I hope we are able to hold our notes until the value peaks and then cash in for face value. If we can't do either of those, then we do whatever Iraq allows us to do. I guess what I'm saying is we can't commit to any plan yet, but after the RV I suggest you do whatever is most profitable. [Adam Montana] next please! . [kcw] catone 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? . [Adam Montana] If the decision has been made, it could only be kept internal for a very short time... there's no way they could keep that one under wraps. In my opinion, since we have not seen the HCL or Chapter 7 finished, it's very unlikely that the RV has happened. I'm also betting that when it's officially released, it will be worldwide in a very short time, and will not be done as an in-country thing. [Adam Montana] next please! . [kcw] jas428 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. . [Adam Montana] As usual, Iraq is contradicting itself and I only believe half of what I read from them. It's a coin flip to determine which half I believe. [Adam Montana] [Adam Montana] next please! . [kcw] idplzr Adam, what are your thoughts on the Kurds stopping their oil production? It seems to me this a good tool to use as leverage? . [Adam Montana] My thoughts: Yes, could be a good tool but it's already backfiring on them [Adam Montana] I don't think it's going to last long, but if they are using this to put pressure on the powers that be - good for them. Just don't be foolish about it [Adam Montana] next please! . [kcw] cashman54 Adam, what are the chances the girls I have been chatting with from the advertisements on this site are as good looking as shown? I think I am in love . [Adam Montana] slim to none. [Adam Montana] next please! . [kcw] FloridaEd 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? . [Adam Montana] That's a false rumor created by a delusional guru on some other sites. There is no law that states this. In fact, Kuwait changed currencies several times within a short period. [Adam Montana] ok everyone! That was the last question. Thanks for your patience, kcw and the mod TEAM thanks for all you do around here! 19 1 Link to comment Share on other sites More sharing options...
Saint Posted April 5, 2012 Report Share Posted April 5, 2012 Adam. Wow two chats in two days. All good news as nothing was negative. The choo,choo, is still moving ahead. Come on folks were almost there. Sit and enjoy. Refreshments will be in the food car. Thank you. There is also a wonderful person who gives us all this in print, thank you kcw. 3 Link to comment Share on other sites More sharing options...
BrokeNoMore Posted April 5, 2012 Report Share Posted April 5, 2012 THANK YOU!!! 1 Link to comment Share on other sites More sharing options...
OBE Posted April 5, 2012 Report Share Posted April 5, 2012 I gotta feeling..tonight's gonna be a good night! 1 Link to comment Share on other sites More sharing options...
fastarnie Posted April 5, 2012 Report Share Posted April 5, 2012 THANK YOU!!! Yes thanks for coming back. Link to comment Share on other sites More sharing options...
DinarThug Posted April 5, 2012 Report Share Posted April 5, 2012 [Adam Montana] They've accomplished what they need to accomplish, and it's now "poop or get off the pot" time. Things Are Looking Good Then Because Maliki Is Definitely Full Of It ! :D Thx For The Drive By Sequel Adam ! And Thx For The Post KCW ! 7 Link to comment Share on other sites More sharing options...
Sk 1962 Posted April 5, 2012 Report Share Posted April 5, 2012 Thanks for posting the chat KCW, and thank you ADAM for the update HAPPY EASTER TO EVERYONE! 1 Link to comment Share on other sites More sharing options...
MD34 Posted April 5, 2012 Report Share Posted April 5, 2012 thanks Link to comment Share on other sites More sharing options...
MovieMaker Posted April 5, 2012 Report Share Posted April 5, 2012 Thanks for taking time again out your busy schedule Adam. Link to comment Share on other sites More sharing options...
Northern Lights Posted April 5, 2012 Report Share Posted April 5, 2012 Thank You Adam! It is very much appreciated. Link to comment Share on other sites More sharing options...
duty.rec Posted April 5, 2012 Report Share Posted April 5, 2012 Thank you for your update Adam. You are right there are only a couple of things to do now before whatever happens. So it is the old one, that no news is good news. Go RRRRRRRRRRRRRRRRRRRRRRVVVVVVVVVVVVVVVVVVVVVV Link to comment Share on other sites More sharing options...
Jetman Posted April 5, 2012 Report Share Posted April 5, 2012 Adam thank you but my wife keeps asking me when is she going to get to retire and I tell her as soon as the Dinar RV's 1 Link to comment Share on other sites More sharing options...
Maserati Posted April 5, 2012 Report Share Posted April 5, 2012 Thanks Adam! You get a + Link to comment Share on other sites More sharing options...
Stumpy Posted April 5, 2012 Report Share Posted April 5, 2012 Thanks Adam & kcw! Link to comment Share on other sites More sharing options...
Azsunshine Posted April 5, 2012 Report Share Posted April 5, 2012 Thanks so much Adam! I also enjoyed your email today, especially this part... ".. that I'm way off base with my prediction of a "ten cent RV". They think it should be much higher than that. Hey, I'm no fool! I will happily admit to being wrong and eat all of the crow anyone can shove in my face if I'm wrong on my projected rate! After all, it's only my opinion. But I am hearing a lot of persuasive talk from some very smart people that makes me think I could be very wrong, and we'll see that very soon." Amazing news. Thank you! Link to comment Share on other sites More sharing options...
desert surfer Posted April 5, 2012 Report Share Posted April 5, 2012 Once again thank you for all your input. Blessings, Link to comment Share on other sites More sharing options...
okane Posted April 5, 2012 Report Share Posted April 5, 2012 [kcw] cashman54 Adam, what are the chances the girls I have been chatting with from the advertisements on this site are as good looking as shown? I think I am in love . [Adam Montana] slim to none. [Adam Montana] next please! . Reminds me of 'Peggy" from Capital One. Now "Peggy" is quite the catch! 1 Link to comment Share on other sites More sharing options...
Tubbs Posted April 5, 2012 Report Share Posted April 5, 2012 You better reconize I can dig it Go RV B) Link to comment Share on other sites More sharing options...
skitealwedrop Posted April 5, 2012 Report Share Posted April 5, 2012 Hey Adam, I noticed that you used the words "THIS budget". Are you inferring that there could be another budget drafted and ready to ink to support a RV or RI? I would have never thought of that plan. Thanks for the read. I learn something new everyday. Ski 2 1 Link to comment Share on other sites More sharing options...
idplzr Posted April 5, 2012 Report Share Posted April 5, 2012 Thanks so much Adam! I also enjoyed your email today, especially this part... ".. that I'm way off base with my prediction of a "ten cent RV". They think it should be much higher than that. Hey, I'm no fool! I will happily admit to being wrong and eat all of the crow anyone can shove in my face if I'm wrong on my projected rate! After all, it's only my opinion. But I am hearing a lot of persuasive talk from some very smart people that makes me think I could be very wrong, and we'll see that very soon." Amazing news. Thank you! There was an email today? Link to comment Share on other sites More sharing options...
Azsunshine Posted April 5, 2012 Report Share Posted April 5, 2012 There was an email today? Yes... I can forward it you if you'd like. There was an email today? Sorry, my mistake, the date on the email is April 4th... I can still send it your way if you would like, or maybe it's in your inbox from April 4th Link to comment Share on other sites More sharing options...
Northern Lights Posted April 5, 2012 Report Share Posted April 5, 2012 Was this a VIP email? Because I didn't get one yesterday or today from Adam. Just wondering if my email account is having problems, as I am a VIP. 1 Link to comment Share on other sites More sharing options...
edbeach Posted April 5, 2012 Report Share Posted April 5, 2012 Adam Thank you for the chat Hopefully we have RV before next chat. Is that wishful thinking You & your family have a nice Easter Link to comment Share on other sites More sharing options...
flboy Posted April 5, 2012 Report Share Posted April 5, 2012 Adam, Thanks, I stand fast and wait for your call/text. Go R.V. Link to comment Share on other sites More sharing options...
idplzr Posted April 5, 2012 Report Share Posted April 5, 2012 Yes... I can forward it you if you'd like. Sorry, my mistake, the date on the email is April 4th... I can still send it your way if you would like, or maybe it's in your inbox from April 4th 2 Link to comment Share on other sites More sharing options...
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