Popular Post VIZIOIRAQI Posted November 14, 2012 Popular Post Report Share Posted November 14, 2012 [Adam Montana] ok no typing for just a short bit so I can do the weekly update Moderator Notice: GM boss, good to see you! [bumper64] [Adam Montana] Before I get started, however - HUGE congrats to our newshound yota - yota recently passed 10,000 posts! [Adam Montana] As a "thank you" from me for the relentless posting of Iraqi Dinar News, I have awarded yota with a complimentary Platinum VIP upgrade [Adam Montana] yota, thank you for your hard work and all you bring to the forum! [Adam Montana] now to Dinar [Adam Montana] At this time, Shabibi is still on the run. I think it's fair to say by now that Maliki has been planning this for some time - he has been making small moves to take control of the CBI for some time now, and this is definitely working in his favor to that end [Adam Montana] In my opinion, this will make it much easier for him to force an RV - Shabibi is/was a very steady character, he did a great job of controling the value of the Dinar, but we know that he was against a major increase... so it's probably a good thing for us that he is no longer in that seat [Adam Montana] Chapter 7 is not officially 100% released, but there's no reason we won't see that happen shortly [Adam Montana] and the main thing to watch - the really BIG ticket item - is the HCL [Adam Montana] latest reports are saying that they are actively working through it, stating that it must be dealt with separate from all other issues and that it is of extreme importance, expecially with the budget being worked on right now. [Adam Montana] since we're touching on the budget, I want to make it clear that although they state they are working to get it done by year end, they will not give us a direct clue as to the future value of the Dinar in the budget... so the budget really doesn't make that much difference to us [Adam Montana] if they do a major rate change, the budget will be adjusted to fit the new rate [Adam Montana] so with all that said... where are we? Well, the US Elections are over. The year end is coming quickly, and it makes a lot of sense to do a rate change as the year is changing. And it ALSO makes a lot of sense to get this done now, while Shabibi is unable to be a major obstacle. [Adam Montana] So in my opinion, things are looking positive in the near future... again, the thing to watch is the HCL. [Adam Montana] Ok, questions... TG, you ready? [TexasGranny] RPMAC With new information stating that the U.S. will be the leader in oil product, out producing the Saudi's (although some years away), in your opinion how will this effect the value of the U.S. Dollar to that of the IQD and the Saudi Dinar? And what will this look like for our investment in the future? [Adam Montana] I think this is a good thing for our investment. If Iraq wants to raise the value of their currency, they need to do it BEFORE the US starts catching up in terms of oil production. The value of oil, and therefore the intrinsic value of their currency, will go the wrong way when the US ramps up oil production [Adam Montana] they need to raise the value SOON, otherwise they won't have the resources to back up a higher valued currency [Adam Montana] next please! [TexasGranny] TexasMike1958 HI Adam....I have been reading news headlines like, "Parliament approves its budget", "Replacement currency due in November 2012", and also something about a ration card being taken away soon. It all sounds good, but I really don't know how to make sense of it in relation to the RV. Will all this have a positive effect on bringing our blessing soon??? Thank you for all your hard work....even though you root for the Packers!! GO LIONS!! [Adam Montana] My sympathies to you and your team [Adam Montana] I already covered my thoughts on the budget, but I will address the "November" issue [Adam Montana] I don't put any stock in these "announcements" of a timeline [Adam Montana] they have been talking about replacing the currency since 2009, and they have given plenty of "dates", and none of them have came through [Adam Montana] I don't think they will release the new currency until they have a new rate, and they won't do that until the HCL is resolved. [Adam Montana] next please! [TexasGranny] kjwayne Adam, before Saddam or whatever his name was,before he took control of Iraq, the rate was $3.21. After the wars ,the rate dropped. I know about the sanctions and stuff. My question is this. How much time was between $3.21 and the bottom rate of the Dinar? Months ,days , what ? Is there any rules or laws that say that it can't go back up just as fast? Thank you for this site! [Adam Montana] Great question. The rate dropped FAST when Saddam was taken out. The real gem of your question is the last part: "Is there any... laws ... that state the rate cannot go back up just as fast?" The answer is NO! There is no law that restricts the speed at which the value of the currency can go up [Adam Montana] Absolutely none. [Adam Montana] Great question! Next please [TexasGranny] waitingondinar Adam, I recently read articles stating a new currency to be released in early November, Iraqis being given 15000 dinars instead of the ration card. I believe this eqates to $120. Also, there was an article that stated: "The first month of the year (2013) will see an end to all outstanding issues between Iraq and Kuwait," noting that "Kuwait has completed its mission and handed United Nations documents full remove Iraq from Chapter VII." With this kind of information, do you think we will have an RV in early January? [Adam Montana] Actually it equates to about $12, not 120. Kind of a joke, don't you think [Adam Montana] ? [Adam Montana] REgarding the timeline - I think it is very possible to have this all come to a head either January or sooner. The "issues" between Iraq and Kuwait are all but rubber-stamped already. Most everything is resolved, Iraq has complied with everything the UN has asked, and there is no reason to keep them under Chapter 7 [Adam Montana] the key here, however, is that until they raise their currency rate, there is no reason to REMOVE them from Chapter 7. It is kind of a moot point to worry about the last (mostly meaningless) restrictions when they are handing out TWELVE dollars per month to their poor citizens. That number will change drastically when the RV occurs, and the Chapter 7 issue is a no-brainer - it won't take long to simply push that through. [Adam Montana] [Adam Montana] next please! [TexasGranny] Rafa10s Adam, Will VIP members get advice/instructions on the VND change, even if it happens before the IQD change in value...assuming either change of course And along those lines, iyo, are you seeing the IQD revaluing alone or within a basket of currencies? Thanks Adam! [Adam Montana] Yes I do have information that I am waiting to pass out to the VIP members regarding the VND, whenever that happens. But the last part of your question - will it be a basket? No, I don't think so. The IQD will RV completely independent of any other currency. [Adam Montana] next please! [TexasGranny] vietnam1969 Good morning Adam, copy and paste person (whoever it is this week) and staff. My question is as follows. As there is word out now that the Chapter 7 issue has all but been formally announced ( January of 2013) and the ongoing negotiations with the Erbil implementation, does this mean we only now will have this one to be settled before the elusive RV takes place? Thank you [Adam Montana] In my opinion, yes. Erbil/HCL - they go hand in hand. Once that is done, we are on the home stretch. Hang on tight then, boys and girls! [Adam Montana] next please1 [Adam Montana] ! [TexasGranny] TimS Adam....Regarding the story stating that the GOI wants to eliminate the ration cards and just give cash to the citizens every month, they were talking about $120 per month is what they would get. My question.....do you see a government that believes $120 a month is enough for each citizen, RVing to a rate that would significantly increase the wealth of those same citizens? Seems to me the GOI wants to keep the big money for themselves....how do you see this? GO GREEN BAY, BUT DON'T KNOW HOW WITH ALL THEIR INJURIES! [Adam Montana] Already addressed that. But for further clarification - the amount is equal to $12, not $120 [Adam Montana] next please! [TexasGranny] vietnam1969 Hi Adam, I have another question to ask you. Who is actually in control of the governmemt in Iraq? Talabani is the President, right and Maliki is the PM but we always hear about Maliki in the news doing this and that and very seldom hear anything from Talabani. Can you tell us who in the one calling the shots there? Thank you. [Adam Montana] I would have to say Maliki is pulling the strings. He'e the one sticking his neck out and poking the beehives. [Adam Montana] next please! [TexasGranny] coorslite21 Adam, Your opinion on Shabibbi.....is he in, or out.......and what will this mean...(in your opinion)... to the timing for this investment??......Thanks...... [Adam Montana] Good question coorslight21. I talked about this a little already, but I will wrap up the chat with a final thought on Shabibi. [Adam Montana] IF Shabibi ends up back in his seat, we are going to be looking at another long and confusing wait for the RV. I really do not think it will be easy for him to get back into his former role, and I think Maliki is working on pushing things through before he is able to get back there. [Adam Montana] At this time, the warrants are still out for Shabibi and he has not returned to the country. He will not return until the warrants are lifted. I know I wouldn't want to be arrested and thrown in an Iraqi jail with all this going on! [Adam Montana] But at the end of the day, none of that really matters... if Maliki or Talabani or anyone else can get this pushed through, I'm in favor of whatever methods they use - with or without Shabibi [Adam Montana] [Adam Montana] Ok that was the last one! Thank you all for the patience while I went through the questions, and as always... GOOOO RRRRRRVVVVVVV!!!!! 21 3 Link to comment Share on other sites More sharing options...
Bumper64 Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks Adam, VIZIO and TG 6 Link to comment Share on other sites More sharing options...
brbrlocke Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks for the chat. 1 Link to comment Share on other sites More sharing options...
powerpager Posted November 14, 2012 Report Share Posted November 14, 2012 Great info !!! 1 Link to comment Share on other sites More sharing options...
TimS Posted November 14, 2012 Report Share Posted November 14, 2012 Adam....only $12, not $120...well that makes it even worse. But you really didn't answer my question.....if the GOI thinks the poor can get by on $12 a month, why do you think they are willing to give them much more because of an RV. The $12 indicates they don't want to share the wealth....they are happy to see the poeople struggle just as long as they get theirs. We already know Iraq is one of the top 5 corrupt countries if not the top country based on the oil money pot they have available to steal from. What am I missing that you see or the behind the scenes actions you have access to that I don't that gives you the confidence that that bunch of thieving, power hungry, hate filled controlling factions want to make it better for everyone, not just themeselves and their specific followers? 4 1 Link to comment Share on other sites More sharing options...
LUHRST32 Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks for the post Vizio. Great chat Adam. Looking forward to my RV text. 2 Link to comment Share on other sites More sharing options...
mrref Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks Adam, VIZIO and TG Good to see you back. 1 Link to comment Share on other sites More sharing options...
GT ACE Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks Adam, I've been here over three years and now have 300 posts! Any Platinum up grade here? LOL 1 Link to comment Share on other sites More sharing options...
RodandStaff Posted November 14, 2012 Report Share Posted November 14, 2012 I think we is in sight of the Promised Land!!! ... so boyz... it's about time to "git-r-dun"!!! Thanks for the chat Adam, and Viz for posting and TG for hosting!!! Come On RV Baby!!! 16 1 Link to comment Share on other sites More sharing options...
welcome007 Posted November 14, 2012 Report Share Posted November 14, 2012 1 Link to comment Share on other sites More sharing options...
Sitkadoc Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks Adam and support crew. I may not contribute much to the site, but value the information and in particular the weekly chat. One question that I have been wondering about. Do you have any Pre-RV investment recommendations as a preparatory action? GO RV and GO GREEN BAY Link to comment Share on other sites More sharing options...
Saint Posted November 14, 2012 Report Share Posted November 14, 2012 Adam. Thanks for the wonderful news as always. Yes we are remaining very patient till " IT " happens. Thanks TG for posting. Gooooooooooo RrrrrrrrrVvvvvvvvvvv 2 1 Link to comment Share on other sites More sharing options...
Shabibilicious Posted November 14, 2012 Report Share Posted November 14, 2012 Yota, upgraded have you been. GO RV, then BV 4 Link to comment Share on other sites More sharing options...
DinarThug Posted November 14, 2012 Report Share Posted November 14, 2012 [Adam Montana] Before I get started, however - HUGE congrats to our newshound yota - yota recently passed 10,000 posts! [Adam Montana] As a "thank you" from me for the relentless posting of Iraqi Dinar News, I have awarded yota with a complimentary Platinum VIP upgrade [Adam Montana] yota, thank you for your hard work and all you bring to the forum! Congratulations Yota ! U Da' Man ! CNN Would Also Like To Recognize Umbertino - Our DV Resident House DJ Who Recently Passed 12,000 Posts ! CNN Will Be Awarding Him With An Old Disco 8 Track Tape Which We Recently Found In The CNN Archives ! :D 8 Link to comment Share on other sites More sharing options...
Bumper64 Posted November 14, 2012 Report Share Posted November 14, 2012 Good to see you back. Hey brother, I am always here. I just don't stay on for hours at a time like I use to. I check out the site 5-6 times a day and also later in the night so I can help out as much as I can. We have some great moderators on here now and I don't have to worry about missing bad post or bad people like the old days. I think I have only missed 5 days without being on here since 09 and that was when I took my last vacation 2 years ago!!!!! WOW! It is good to see you still here also! Hang in there and hopefully we will see our RV someday soon! 4 Link to comment Share on other sites More sharing options...
TimS Posted November 14, 2012 Report Share Posted November 14, 2012 Adam....only $12, not $120...well that makes it even worse. But you really didn't answer my question.....if the GOI thinks the poor can get by on $12 a month, why do you think they are willing to give them much more because of an RV. The $12 indicates they don't want to share the wealth....they are happy to see the poeople struggle just as long as they get theirs. We already know Iraq is one of the top 5 corrupt countries if not the top country based on the oil money pot they have available to steal from. What am I missing that you see or the behind the scenes actions you have access to that I don't that gives you the confidence that that bunch of thieving, power hungry, hate filled controlling factions want to make it better for everyone, not just themeselves and their specific followers? here's a current example of what I'm referring to....Deputy for Iraq: important laws will not see the light of day if the current situation remains in the House of Representatives Date: 11/14/2012 14:11:02 Wednesday Baghdad (news) .. According to a member of the of the Iraqi MP / coalition in Iraq / Fares Sunguri, that the laws broken in the House of Representatives will not see the light if stuck political blocs positions towards it. said Sunguri in a statement (of the Agency news) on Wednesday: The laws proposed in the House of Representatives all important and affect the lives of citizens and state-building, such as the Federal Court and the Council of Aqdhae and parties law, oil and gas and others. added: that the differences blocs current to pass laws, not about paragraphs laws before, but interest earned by the warring parties if passed this law. explained Iraqi MP: that the continuation of the current situation in the House of Representatives, means not passing laws, noting that the adoption of laws needed to reduce ceilings demands blocs and mutual trust between them. saw the House of Representatives, political mobility between the government and the Council on the adoption of a law, some of which passed amid objections parliamentary, such as the election of members of the Electoral Commission, other laws are still unused within the Council, such as the infrastructure and a general amnesty and the Federal Court and the parties and the allocation (25%) of oil imports to the people. / end / 7. d. Q / Read more: Link to comment Share on other sites More sharing options...
TimS Posted November 14, 2012 Report Share Posted November 14, 2012 Adam....only $12, not $120...well that makes it even worse. But you really didn't answer my question.....if the GOI thinks the poor can get by on $12 a month, why do you think they are willing to give them much more because of an RV. The $12 indicates they don't want to share the wealth....they are happy to see the poeople struggle just as long as they get theirs. We already know Iraq is one of the top 5 corrupt countries if not the top country based on the oil money pot they have available to steal from. What am I missing that you see or the behind the scenes actions you have access to that I don't that gives you the confidence that that bunch of thieving, power hungry, hate filled controlling factions want to make it better for everyone, not just themeselves and their specific followers? here's more.....Faizullah: Budget 2013 will not see the light of day in 2012 13/11/2012 15:48:30 [-] Text [+] BAGHDAD (Iba) .. According to a member of the Finance Committee MP Ahmed Hassan Faizullah, that the budget 2013 will not see the light of the end of the current year and faces significant barriers make it difficult agreed to develop at a final 2012, pointing out: the adoption of the budget will be completed after Shahyran at least next year, he said. said iceberg God told the independent press (Iba): The holiday legislative almost at the gates of the House of Representatives will make the budget delayed to months to come, adding: that the budget discussion by the members of the House of Representatives Stakma times spaced for consensus all members of the House to approve the budget. added: that All budgets of previous years delayed and will not recognize the timely due to different views of all MPs on allocations funds for each province, noting: that each deputy looking for interest his province and Neil largest amount of funds to maintain what makes the budget late. continued Faizullah: that agreement All the political blocs on the allocations of funds for all service projects without objection of legislation will facilitate the budget before the end of this year. (end) Read more: Link to comment Share on other sites More sharing options...
Liljohn Posted November 14, 2012 Report Share Posted November 14, 2012 (edited) THANKS FOR THE POST! I think we is in sight of the Promised Land!!! ... so boyz... it's about time to "git-r-dun"!!! Thanks for the chat Adam, and Viz for posting and TG for hosting!!! Come On RV Baby!!! Why in the world would someone neg for this post? It makes no sense whatsoever. I'm currently at my limit for plusses R/S, but will help you out asap. GOD BLESS!!! LORD SEND THE RAIN!!! Edited November 14, 2012 by Liljohn 4 Link to comment Share on other sites More sharing options...
umbertino Posted November 14, 2012 Report Share Posted November 14, 2012 Quote CNN Would Also Like To Recognize Umbertino - Our DV Resident House DJ Who Recently Passed 12,000 Posts ! End Quote DT...Thanks.. Hadn't even realized that myself...Smile..... 3 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted November 14, 2012 Report Share Posted November 14, 2012 (edited) ***/// YOTA?... is that the guy that takes yer ticket and straps you in on the Dinar RV rollercoaster ride...? Yuh! We know him! Hey YOTA!... CONGRATS from Sarge'sGals! Edited November 14, 2012 by SgtFuryUSCZ 2 Link to comment Share on other sites More sharing options...
Flyboy42 Posted November 14, 2012 Report Share Posted November 14, 2012 Yota... Great job! You certainly deserve the gift for all the news you bring to the site. My congratulations to you, and to Adam for recognizing you in such a special way. Adam... Thank you for such an encouraging chat. At these difficult times when confusion runs rampant, it's nice to recognize a friendly word form someone you have a great respect for. Thank you, sir! 2 Link to comment Share on other sites More sharing options...
EC429 Posted November 14, 2012 Report Share Posted November 14, 2012 Thanks Adam, with so much out regarding the VND, you have answered the question that the IQD will probably go separate to others. I was trying to figure out why one currency would wait on another and it appears this does not have to happen. 2 Link to comment Share on other sites More sharing options...
srdedeaux Posted November 14, 2012 Report Share Posted November 14, 2012 SupaDupa Chat Adam thanks! GO RV! B) Link to comment Share on other sites More sharing options...
RodandStaff Posted November 14, 2012 Report Share Posted November 14, 2012 Sorry... forgot to wish congrats to the newsmiester, the terror of every galaxy... He really knows how to put a good spin on things!!! And when confrontation comes, he has one reply.... Remember Yota... imitation is the sincerest form of flattery!!! 5 Link to comment Share on other sites More sharing options...
braemar_house Posted November 14, 2012 Report Share Posted November 14, 2012 Thank you for the awesome chat Adam, Viz and TG ! You are all super and very much appreciated! God bless! And GO RVVVVV! 1 Link to comment Share on other sites More sharing options...
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