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Adams chat this Wed Morning 10-17-12

VIZIOIRAQI

By VIZIOIRAQI,
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VIZIOIRAQI Newbie

VIZIOIRAQI

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[Adam Montana] no typing please, I have a lot to get through this morning

[Adam Montana] first... WOW we are almost to 1 MILLION posts on dinarvets.com! What a community we have here.... that's a lot of sharing and caring!

[Adam Montana] I thank you all for being part of this community - it's the awesome members that make this website run like it does, and I am proud to say that there simply is no better community out there. Cheers to all of you! :tiphat:

[Adam Montana] Now to Dinar!

[Adam Montana] What a couple of days... WOW again! If you just crawled out from under a rock, here's the latest. HCL is kind of low in the list this morning, but there is still ongoing POSITIVE discussion and news about it. However, the BIG news is on Shabibi... he is at least temporarily replaced by Abdul-Basit Turki in the role of head honcho at the CBI

[Adam Montana] There have been no charges filed at this time, BUT warrants for Shabibi and at least 29 other bank officials have been filed

[Adam Montana] Maliki seems to be at the head of this movement, and the reason is stated to be financial crimes

[Adam Montana] This comes after a very strong trend in news about banking transparency and advancements. So in my opinion one of two things is happening...

[Adam Montana] These are just initial thoughts, I will have a more solid opinion as news breaks, but here is my thought:

[Adam Montana] 1. We are closer to the RV than ever, and this is the start of an absolute STORM in breaking news. Shabibi has been instrumental in maintaining a stable rate in the dinar and also growing it, but we have always wondered if he would support an RV. Now that Iraq is so much more stable and ready to move forward, if Shabibi was simply refusing to cooperate with the RV plan, Maliki is taking the bull by the horns and putting people in place who WILL cooperate. That's one option.

[Adam Montana] 2. With the RV on the near horizon, the transparency in banking and technology being implemented revealed an actual crime and these charges could be legitimate. What this means is that Shabibi is permanently out, possibly done for good, but on the other side of the coin this tells us that the infrastructure is in place and we are close to GO time. That's the other distinct possibility

[Adam Montana] So while we are going to watch the news very carefully to see how this plays out, one way or another I think this is good news for us. It means things are moving in a definite direction, instead of just going in circles

[Adam Montana] We do have one possible hangup, and that is of course the US Elections. Being this close to a major shift in world politics (no matter who wins), they will probably be wise to sit on an RV announcement until a week or two after the US Presidential election. Time will tell, but in my opinion we are simply too close to an even that has a huge effect on the entire world to risk RV'ing right now.

[Adam Montana] I know some will disagree with me, and that's ok - I hope I'm wrong and the RV is announced tomorrow. However, like Ali said in a recent interview... this is a long term investment. The question is "How long?"

[Adam Montana] Ok, on to the questions! Vizio is standing in for kcw - vizio, thank you very much for helping this morning (and every other morning too!)

[Adam Montana] fire away

[VIZIOIRAQI] [Flyboy42] Adam... Do you think a float may be what CBI has planned, or do you think it will be a RV? Thanks much!

[Adam Montana] Hey Flyboy, thanks for the question. This one has been the center of MUCH debate over the years, and in my opinion it's a draw. Either one allows for significant growth, and both have their +s and -s.

[Adam Montana] next please!

[VIZIOIRAQI] [chess] ADAM: From your sources, is there a possible split in parliament over when, and at what rate to RV?....thx

[Adam Montana] Absolutely yes - this has been the case forever and it will always be the case. One side of the fence wants the moon and the stars, the other side wants just some green grass, and then there are those that sit on top of the fence. The good thing is that we are betting on either side to win - we win no matter what. Thanks for the question!

[Adam Montana] next please

[VIZIOIRAQI] [EC429] Will a Dinar float have an impact on the VND?

[Adam Montana] I don't think it will have any more impact on the VND than on any other currency. A major RV of the Iraqi Dinar will have an impact on the entire global economy and therefore every currency in the world - but the VND and IQD are not uniquely connected.

[Adam Montana] next please!

[VIZIOIRAQI] [laid back] Hi Adam, CBI's M2 is getting smaller each month. What is your opinion on this? Thanks in adavance.

[Adam Montana] Laid Back, good question. The M2 is one that's heavily debated and a very long discussion not really suited for a chat with limited time. However - growth or reduction in the money supply, inflation, M2, or any other item is obviously important. What we need to focus on is one question: "Is Iraq heading the right way?" I can answer that with a :twothumbs: YES :twothumbs: , and that's all I need to make me happy with my decision to invest in the Dinar

[VIZIOIRAQI] ametad Adam, do you think the US elections in the first week of November have a strong effect? Say for instance that the Republican side has orchestrated this through the Bush presidencies, would then the Republican Party want to hold off the RV from being a significant impact on the US economy until another republican gets elected into office? That way the Republicans have more to claim as positive ecomomic turn around during a Romeny Presidential term if it happens. Also, would the election or the swearing in of the president be more pivotal? Thanks.

[Adam Montana] This is a great question. I addressed it briefly above, but to reitterate - I do believe that the timing is going to be affected by the US elections. I don't think that was always the case, but you can't predict everything in a case like this.

[Adam Montana] next please!

[VIZIOIRAQI] [RVPlease]Today It seems like the situation in Iraq is becoming less stable every day. Stories of arrest warrants, threats to unseat this or the other GOI official, one or the other segment in Iraq demanding this or that. National meeting on and off and on and off again. Assassination attempts left and right. Is it still likely any kind of significant change to the currency will happen in this chaotic and dangerous atmosphere?

[Adam Montana] RVPlease I will have to respectfully disagree with your assessment that the situation is less stable. Yes, there are still news reports that show Iraq is not yet as perfect as the US, but quite honestly - I think they are very stable and are getting more stable all the time. Now, the current situation with Shabibi is going to be a rocky one for a week or three, but there's simply no way to expect an RV to happen without a few heads rolling!

[Adam Montana] :tiphat:

[Adam Montana] next please!

[VIZIOIRAQI] [M.Duke ] Hi Adam I just want to say keep up the good work and how much it helps us the new comers out!

[Adam Montana] My pleasure

[Adam Montana] next please!

[VIZIOIRAQI] roseserv HI Adam! Thanks for all you do here! Do we have an exact count of how much Dinar is actually in circulation at this time? I have read conflicting counts…

[Adam Montana] Conflicting counts is a nice way of putting it No, we don't have an exact count. The CBI would be the only place to get it, and they contradict themselves regularly on this topic. It's my opinion that they do not WANT that information out there, because they would lose some control of their future plans if every detail was transparent. Good question.

[Adam Montana] next please!

[VIZIOIRAQI] [skitealwedrop] What do you think about Felix Baumgartner's jump yesterday? Sometimes, epic sports and historic events overcome me more so than the daily grind of DV news.

[Adam Montana] Sometimes it is indeed nice to get away from the Dinar for a bit. That jump - I can't imagine what that must have been like! To BREAK THE SOUND BARRIER... wow. Just - wow.

[Adam Montana] next please!

[VIZIOIRAQI] TPSprayduster SInce the PM's croonies are trying to take control of the central bank will this be a prelude to an RV?

[Adam Montana] I discussed that in more detail above as well, but to expand a little - I do think this has great potential and I am watching the news like a hawk. GO RV!

[Adam Montana] next please!

[VIZIOIRAQI] [Francie26 ]Adam, you once said that Iraq could not defend itself until it is out of Ch. 7 because it can't use nuclear weapons until then. I have been haunted by that idea ever since I read it, and my question, admittedly a bit late, is this--after all the American lives given to free Iraq, and given the wild fluctuations in the governments surrounding that country, do you foresee any possibility that we might go back into Iraq to protect their new democracy while they are still under Ch. 7, especially given Maliki's jerk-arounds and friendliness with Iran? Also do the events at our U.S. Embassy in Cairo and the U.S. Consulate in Benghazi threaten the fledgling democracy in Baghdad in any way? And last, do any of these events or circumstances impact the timing of a possible RV in Iraq?

[Adam Montana] Hi Francie, I appreciate your question(s). I do not see the US going back to Iraq - they have come too far and that would be akin to pushing a baby bird out of hte nest and then grabbing it right before it flys. Maliki's "friendliness with Iran" - I don't give it much weight. If I lived next to someone like Iran, I'd act like I liked them too. And to sum it up, do any of these things have an effect on the timing? Nope - I think the timing is a result of the path taken to those things.

[Adam Montana] next please!

[VIZIOIRAQI] [eburt] Hello Adam - Again thanks for all that you do. I have been silence for a while now but can't help notice ALL the articles that are coming out lately regarding Shabbi and the Central Bank along with other articles that deals with Maliki. Is there some truth to those articles? If so, will these events causes more delays in the Dinar? It seems like every week there are different situations and/or issues with Iraq that is holding up the RV.

[Adam Montana] The articles, if you are referring to the situations I discussed above, are indeed true and we are in for a fun week or two!

[Adam Montana] I understand that a lot of people - myself included - can grow weary of the constant delays, the never-ending set backs, the missed dates, the... well, all of it. But I think it's important to remember that as long as Iraq is going forward and the money is gaining value (which it IS, albeit not as much as we want YET!)... as long as the country is moving in that direction, then it's just a waiting game and the best thing to do is keep a level head, take deep breaths, and stay sane. This thing is going to play out the same no matter how emotional you do or don't get, so just enjoy the ride

[Adam Montana] and maybe learn about asset protection in my VIP group :D

[Adam Montana] ok everyone, that was it for this week! I hope you enjoyed the chat, I enjoyed doing it - it's going to be an exciting news week in the Iraqi Dinar. Make sure your email is correct at this link: http://iqd.me/l/email because I will send notices on any important updates.

[Adam Montana] Best regards, and GO RVVVV!!!!!

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RodandStaff Rookie

RodandStaff

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Posted

[Adam Montana] These are just initial thoughts, I will have a more solid opinion as news breaks, but here is my thought:

[Adam Montana] 1. We are closer to the RV than ever, and this is the start of an absolute STORM in breaking news. Shabibi has been instrumental in maintaining a stable rate in the dinar and also growing it, but we have always wondered if he would support an RV. Now that Iraq is so much more stable and ready to move forward, if Shabibi was simply refusing to cooperate with the RV plan, Maliki is taking the bull by the horns and putting people in place who WILL cooperate. That's one option.

[Adam Montana] 2. With the RV on the near horizon, the transparency in banking and technology being implemented revealed an actual crime and these charges could be legitimate. What this means is that Shabibi is permanently out, possibly done for good, but on the other side of the coin this tells us that the infrastructure is in place and "we are close to GO time". That's the other distinct possibility

[Adam Montana] So while we are going to watch the news very carefully to see how this plays out, one way or another I think this is good news for us. It means things are moving in a definite direction, instead of just going in circles

"we are close to GO time" th_smiley_two_thumbs_up.gif

a38963112d0117764b262f3d38b4325e.jpg... Come On Boyz... Git-R-Dun!!! biggrin.gif

Thanks for the chat Adam... I agree, it's heating up and ready for take off!!! wink.gif

Thanks for posting Vizio!!! wink.gif

Come On RV Baby!!!cool.gif

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DinarThug Newbie

DinarThug

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Posted

[Adam Montana] first... WOW we are almost to 1 MILLION posts on dinarvets.com! What a community we have here.... that's a lot of sharing and caring!

[Adam Montana] I thank you all for being part of this community - it's the awesome members that make this website run like it does, and I am proud to say that there simply is no better community out there. Cheers to all of you! :tiphat:

<< CNN - BREAKING NEWS >> SHABBI TAKES PIGGY HOSTAGE ! - JAMES BOND SENT IN FOR THE RESCUE !

Shabibi: Nose control Winds in the coffers of James Bond secret

b_0_0_0_00_images_profile_sinan.jpg

Read more: http://dinarvets.com/forums/index.php?/topic/131401-shabibi-nose-control-winds-in-the-coffers-of-james-bond-secret/#ixzz29a3jgUMu

Yo Snap ! Cisole's Been PigNapped ! :o

In Honor Of The Little Pink Piggy - Let's Have An Impromptu Contest On This Thread ! B)

Leave Ur Guess As To What Date + Time U Think That It Will Hit 1 Million Posts ! :partyhat:

Hint - CNN Is Projecting That It Will Hit 1 Million Posts This Sunday At 2PM EDT ! ;)

The Post Counter Is Located At The Bottom Of The Forums Page !

FREE THE PIG !!!

:D :D :D

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skitealwedrop Newbie

skitealwedrop

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Thanks for chat AM and Vizio. I'm rather concerned that Iraq is falling into the patterns of a dictatorship, once again. My question pertains to Maliki and his power to remove Shabibi from his post as The Governor of the CBI? PM Maliki is an elected official of Iraq. What power could Maliki possibly hold over an employee of the CBI., meaning Shabibi? The GOI and the CBI are not related and are two separate entities.

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RodandStaff Rookie

RodandStaff

Posted
Posted

What a great chat to get for my birthday...:)

thanks...:)

:rocking-chair:

Happy Birthday brbrlocke!!! emot-woot.gif

tumblr_mbog6m5uVI1rfxky9o1_500.jpg

<< CNN - BREAKING NEWS >> SHABBI TAKES PIGGY HOSTAGE ! - JAMES BOND SENT IN FOR THE RESCUE !

Shabibi: Nose control Winds in the coffers of James Bond secret

b_0_0_0_00_images_profile_sinan.jpg

Read more: http://dinarvets.com.../#ixzz29a3jgUMu

Yo Snap ! Cisole's Been PigNapped ! :o

In Honor Of The Little Pink Piggy - Let's Have An Impromptu Contest On This Thread ! B)

Leave Ur Guess As To What Date + Time U Think That It Will Hit 1 Million Posts ! :partyhat:

Hint - CNN Is Projecting That It Will Hit 1 Million Posts This Sunday At 2PM EDT ! ;)

The Post Counter Is Located At The Bottom Of The Forums Page !

FREE THE PIG !!!

:D :D :D

No worries... we are sending in the team to extract Pink Piggy now!!! wink.gif

384103_364374373644489_696024666_n.jpg

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elmstreet61 Newbie

elmstreet61

Posted
Posted

Look, I'm nobody's RV expert, but like quite a number of you, I too had the same instinctive reaction in my mind....that is.....

Shabibi is a world bank employee...just like your Mr Benjamin Bernankein the USA Fed...these guys do not have the wealth of the people as their first priority...in fact, it appears to be quite the opposite. Something never sat quite right with me...an RV during Shabibi's leadership of the CBI??? Hmmmmm...a long wait IMO

The IQD held awesome value during Saddam Husseins rule...whatever you think of the guy......and then Saddams banker was replaced by a Rothschild approved world banker...Dr Shabbs........and down went the dinar.

So now the GOI has done a similar thing as the gov of ICELAND....the first country to arrest the arses of THEIR world bank employees....and/or expelling them from their country...well done Iceland!!!!!!!

Now GO RV!!!!! Or a float...I'm not fussy.

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