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Adam's Official Chat 8/29/12

kcw

By kcw,
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kcw Newbie

kcw

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[Adam Montana] Good morning everyone! It is now a couple Wednesdays since Ramadan wrapped up, and a lot of people are wondering what is going on and "where we are"

[Adam Montana] so here's the summary of current events. As noted in our other chatroom, "Talabani is in town and gonna 'giterdun!'" I laughed when I saw that topic, but the truth is Talabani is our friend here and I'm watching him like a hawk.

[Adam Montana] next, we are seeing a BUNCH of news in a possibly unexpected arena...

[Adam Montana] BANKING [Adam Montana] if you read the latest articles, you'll see a trend. The GOI is making very subtle but very STRONG moves to implement banking and maintain control of exactly which Iraqi banks are able to expand to outside of Iraq and which foreign banks are able to come INTO Iraq. These are VERY GOOD for us! In order for the Iraqi Dinar to become quickly tradable as a world currency (at a higher rate of course!), we need to have sophisticated and efficient banking and communications systems in place

[Adam Montana] everything - EVERYTHING - that I'm seeing regarding banking laws progress, attitudes, etc... it is ALL positive and lends to a globally traded, higher valued Dinar

[Adam Montana] and finally, there is movement on the HCL. Again, check the recent articles - you'll see that it appears they are attacking this subject yet again, and the news is positive.

[Adam Montana] The one thing that is NOT making any waves recently is Chapter 7. It seems that they are intentionally ignoring it at the moment, but that is fine by me. I know that if they get the banking in order, and get HCL resolved in whatever manner necessary, it will be a SIMPLE task to get Chapter 7 completely lifted.

[Adam Montana] So, the only thing left is to watch those few items, and the only question is..... "When?!"

[Adam Montana] I'm still not going to give a date, but I don't have anything to say that would be discouraging. I'm pretty tired of the word "soon", so I won't use that word.

[Adam Montana] But the bottom line is I simply don't see much resistance anymore!

[Adam Montana] ok, let's get to the questions - kcw, fire away!

[kcw] cooked Thanks for all you do of course. What do you think of the article posted by IJDK titled iqd to re-evaluate? Seems to be very enticing article but still leaves as many questions as answers. Your thoughts please? Thanks.

[b][Adam Montana] It's been known and established for quite some time now that there is a plan to re-evaluate. Along with a re-evaluation comes a need to redenominate - with a higher valued currency must come lower denominations in order to continue physical cash transactions

[Adam Montana] nothing in that article scared me, it's really just more of the same and completely expected.

[Adam Montana] next please!

[kcw] fastarnie Adam, I know you've covered this before, but it's been awhile, and I'm hoping you've changed your mind. Here goes, for those of us that are V.I.P., but don't have the funds for even a Name Reserve at this time, will we be able to join OSI after the rv? Maybe a limited time frame, or a little more money. Just wondering if you've had thoughts in this regard, lately. Thanks for the site, been happy to stay here and nowhere else. Learn somethin new everyday

[Adam Montana] For those that aren't familiar with "OSI", here's a quick explanation. The acronym stands for "Off Shore Investor". We have a very solid and simple legal offshore strategy that will do AMAZING things to protect our assets and in the case of the Dinar ReEvaluation, save a ton of money in taxes for any citizen of any country

[Adam Montana] the catch is that in order for it to work for anyone, they must get involved NOW and not wait until after the fact. You can't pick the winning lottery numbers after the drawing took place, and you can't sign up for insurance after you already got in a wreck

[Adam Montana] so, unfortunately - no, we are not taking new members after the RV is announced. The GOOD news is a Name Reserve is super cheap - there's no reason anyone can't come up with a couple hundred dollars to save potentially hundreds of thousands.

[Adam Montana] More information is in the VIP section. I will not be answering specifics on the strategy outside the VIP section. Thanks everyone

[Adam Montana] next please!

[kcw] lost one Hi Adam, I don't post much, but one thing that keeps me going is that if it RV's for any amount and it becomes a tradeable currency. Am I correct to think that you can put it in a international bank as dinar, which would turn it into electronic account. And this would change as the rate goes up in the years to come? It seems to easy.

[Adam Montana] I sure hope that happens for us! It may be possible... but we have to understand that we may not get that option, and we may have to just take whatever rate we are offered at the time it is offered

[Adam Montana] next please

[kcw] double_duce_duce The people who had VIP,will they still get there certificates and all the information with the VIP.package?because some of us cant aford to get VIP again, Thanks Adam for what you bring to this big table.

[Adam Montana] double duce, thanks for the question. The only people getting VIP benefits will be those that are VIP when the RV is announced. We have ongoing costs which require ongoing support.

[Adam Montana] next please!

[kcw] frank02546 Thanks for not running with the rest of the guru pack Adam. Also thanks for taking questions. I was wondering if Iraq has all this wealth that can be represented through their currency. Why is the CBI in a constant struggle to keep the street value of dinar close to what the CBI says it is worth.

[Adam Montana] Whoa.... I disagree with that statement for one major reason

[Adam Montana] the CBI is not "struggling" to maintain the rate on the dinar.

[Adam Montana] They say it is 1170 - that's what it is, end of story

[Adam Montana] they say they want to raise it to 1166 - BOOM, done. No struggles at all

[Adam Montana] and if they say they want to raise it to 100, 10, or 1 - then that's what they do.

[Adam Montana] Don't get me wrong here - if they decide to raise it immediately to 1:1, it will be more complicated than moving it small amounts at a time, or even marginally large amounts at a time - but it can be done!

[Adam Montana] My point is that they don't "struggle" to maintain the current value. They have a very strong hold on the rate, and I see no reason to worry about their ability to peg it at whatever rate they choose.

[Adam Montana] Next please!

[kcw] waitingondinar Adam, I know we are still waiting for the HCL and Chapter 7 to be completed. What other factors are causing the RV from happening? The weeks keep slipping by and it seems like news articles are harder to find. thanks

[Adam Montana] Nothing! That's the great part about the possibility of them rapidly increasing the value of the Dinar in next to no time at all! I see no reason they can't or won't shortly announce that any of the key items (HCL, Chapter 7, etc) are DONE and when that happens it won't be long until we are at the bank!

[Adam Montana] oops! Nevermind, looks like that was the last one. - ok everyone, thanks for being here, go Packers and GO RVVVV!!!

[Adam Montana] ok everyone, I have a ton to catch up on today... I'll pop back in if I hear anything earth shaking! [/b]

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easyrider Newbie

easyrider

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We should all be anticipating Talabani's return, i believe some important issues will be solved when he comes back and makes himself visible once again in the public. Nice chat Adam appreciate it and thanks KCW for posting :)

Edited by easyrider
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tandy Newbie

tandy

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Adam...sorry bout the Packers but if this thing concludes I already contacted the training coach to get the Packers help me back the "stuff" from the bank...my wheelbarrows are too old and my dump truck was left at the dump...as far as off shore accounts....how far off shore are they? not sure bout how far I can swim nowadays,,,serious note>>>>thanks for the continuous optimism it makes a brighter week...cheers

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KiaKaha Newbie

KiaKaha

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Thanks Adam et al.

I'm sad that us po folk won't be given the chance to access the VIP stuff after rv... For some of us, a couple hundred dollars is out of the question. Oh well, what can you do. Things happen that change your situation in a heartbeat, then what was once plausible is now impossible, a missed opportunity.

Best of luck to us all. Hugs

KK

MADD for Heather

Edited by KiaKaha
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Sitkadoc Newbie

Sitkadoc

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Thanks again Adam. Most illuminating. I find it helpful to re-read your chat responses--much of this being quite foreign to me, but I'm learning quickly. i especially appreciate your patience and tolerance with what must seem at times most redundant. Go RVVVV!

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