TexasGranny Posted March 12, 2013 Report Share Posted March 12, 2013 If you have questions for Adam, please post them below. 1 Link to comment Share on other sites More sharing options...
sandfly Posted March 12, 2013 Report Share Posted March 12, 2013 ADAM, WHAT DO YOU THINK THE KURDS WILL DO NOW. WILL THEY SHUT UP ARE PUT US HOLDERS WAITEN LONGER 1 Link to comment Share on other sites More sharing options...
steveflex7 Posted March 12, 2013 Report Share Posted March 12, 2013 In regards to the HCL, it feels like we have been close to it being complete for the past few years. With the 2013 budget being approved, has their been more progress on the HCL this year or has it been stagnant since the 2012 budget? Thanks 1 Link to comment Share on other sites More sharing options...
waitingondinar Posted March 12, 2013 Report Share Posted March 12, 2013 Adam, So much news seemed to be pumping the progress being made in the past few weeks/months. Everything we saw last year seemed to say a revalue for the first of the year as it was the start of a new fiscal year. Here we are in March and the months are flying by. Every time we hear of progress being made other problems crop up as a result of that progress. Can you sum up the major points that have been made, what we are really looking at for those "speed bumps" that keep surfacing and yours / your iraq contacts sense of how much more must we endure until this revalues. We just seem to keep getting lost in all the murkiness of this ordeal. Thanks 1 Link to comment Share on other sites More sharing options...
sandstorm Posted March 12, 2013 Report Share Posted March 12, 2013 (edited) I have a positive, long term outlook and have a question. IF, the m2 data is accurate..we have had roughly eight to nine years of expansionary policy. Once iraq is internationally in the game, could we expect about the same time for contractionary policy to be achieved??...thusly allowing the rate to improve quickly. I tend to think that the cbi will be in no hurry, they can wait us out over years. then if and when the dinar becomes a reserve currency, we could expect rapid improvement of the rate. thanks for your time to answer questions Edited March 12, 2013 by sandstorm Link to comment Share on other sites More sharing options...
silas Posted March 12, 2013 Report Share Posted March 12, 2013 Good morning Adam. I have question which may have already been answered earlier...do not know, but here goes anyway: When cashing in, will it be necessary to show ID to do so? When I exchanged currencies in Dubai, and Mexico both I never had to show ID. If we cash in a relatively small amount, will it be necessary? If not, I would think that would alleviate a lot of concerns concerning IRS notification, taxes, etc. Thanks. Link to comment Share on other sites More sharing options...
Bunk Posted March 12, 2013 Report Share Posted March 12, 2013 Adam , Any word on when the lower denom's might show up ?? Would that be a precursor to a monetary shift ?? ty . Link to comment Share on other sites More sharing options...
one2one Posted March 12, 2013 Report Share Posted March 12, 2013 who determines when the IQD is a world-wide tradeable currency ?---IMF, WTO, UST, C.B.I. ? Link to comment Share on other sites More sharing options...
GT ACE Posted March 12, 2013 Report Share Posted March 12, 2013 Hi Adam, As the Iwaki's continue to muddle along I can see a new major threat to this investment. I understand that the protection for the DFI ends in May! Since the Iwaki's drag everything to a frazzle do you think that the Iwaki's will manage to RV before the protection expires? If they don't will the Iwaki's be tied up in legal or court battles for years to come and we might as well use our dinar for some other minor but useful application! Also I see that the 2013 budget was passed but how long will they manage to keep it held up before publishing it? Is there any requirement for it to be published in any given time frame or is it just one of those SOON kind of things? Thanks for your input on all of these never ending questions... Link to comment Share on other sites More sharing options...
Dinarspeccy Posted March 12, 2013 Report Share Posted March 12, 2013 Adam - what's your best current guesstimate for the RV rate on the IQD and why? Can you speak to the VND rate also (and why) and this whole issue of multiple "baskets of currencies" supposedly being released c/o Lagarde and the IMF between now and the second coming - lol? (Ok that's 3 questions,) Blessings. 1 1 Link to comment Share on other sites More sharing options...
new york kevin Posted March 12, 2013 Report Share Posted March 12, 2013 Ok Adam: The budget has been passed, yet no one has released any info regarding the r.v. rate, hmmm.That said, the budget is passed, internal Iraqi politicians have compromised, was the rate every really in the busget? Also, what is the delay for Iraq joining the IMF? Let alone appeasing the UNSC foir release from Chapter 7? Link to comment Share on other sites More sharing options...
Candy01 Posted March 12, 2013 Report Share Posted March 12, 2013 Hi Adam, Do you think the Dinar will be on a free float when it RVs, hopefully really soon? Thanks Much! Link to comment Share on other sites More sharing options...
NWGUY Posted March 12, 2013 Report Share Posted March 12, 2013 Hi Adam....In your opinion, how does Maliki affect this RV? Is he a help or hinderance to this process? I see a lot of confusion about this, and it just seems, that it would be very difficult to exit Chapter 7, or even stabilize the economy with Maliki in power, especially with his ties to Iran. It would seem the UN would want to keep him under their thumb, which could affect the RV. Thanks for your help, and everything else you do for this site! Link to comment Share on other sites More sharing options...
millionaire in training Posted March 12, 2013 Report Share Posted March 12, 2013 Hi Adam, My question is... If the HCL is the one thats determining the rate for the RV right? If thats the case whats holding them up. What going on inside the HCL? Thank you Link to comment Share on other sites More sharing options...
TomRiddle Posted March 12, 2013 Report Share Posted March 12, 2013 "The Council of Ministers approves the continuation of the ration card distribution terms as provided cartoons. The Cabinet decided to continue the ration card distribution terms as cartoons provided contains all of the vocabulary card. The Council of Ministers decided on the ration card provided that the Ministry of Commerce to distribute in the form of cartoons containing all the vocabulary card. The Council also agreed to grant the families of the martyrs of members of the internal security forces and army of full salary and allowances received by service." http://burathanews.com/news_article_187355.html Your thoughts? Link to comment Share on other sites More sharing options...
Sango Posted March 12, 2013 Report Share Posted March 12, 2013 Hello please comment on FBAR, Report of Foreign Bank and Financial Accounts (FBAR) http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Report-of-Foreign-Bank-and-Financial-Accounts-(FBAR) United States persons are required to file an FBAR if: 1. The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and 2. The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported. I exceeded #2 with a bank and IBC you recommended. What should I do? Thanks! 1 Link to comment Share on other sites More sharing options...
army03 Posted March 13, 2013 Report Share Posted March 13, 2013 Hey Adam any chance to use my get out of jail free card. Everytime I post it reflects 3 warning which are all the way back in 2010 and 2011, under the old system never was made public, would like to know why now but, hate to get my 4th. Go RV 1 Link to comment Share on other sites More sharing options...
vietnam1969 Posted March 13, 2013 Report Share Posted March 13, 2013 Good morning Adam, staff and other members. I will be at work when this happens but I do have a question for you today. If the Dinar revalues at a 1-1 ratio or even a higher rate, won't Iraq benefit from this no matter what rate it happens to come out at? i.e. if it revalues at a low rate, the CBI will only sell it back to someone at a higher rate, right? Plus the spread will help also. Am I correct on this or do I need to do some more studying on this matter? Thanks Link to comment Share on other sites More sharing options...
millionaire in training Posted March 13, 2013 Report Share Posted March 13, 2013 Adam, Wouldnt it be wiser and safer to open a Foreign Currency Account and wait for the rate to rise rather than dealing with the possibility of a currency change? Your thoughts.... Link to comment Share on other sites More sharing options...
Iownya83 Posted March 13, 2013 Report Share Posted March 13, 2013 (edited) Do they have to agree on and pass a new HCL every budget year I thought I heard last year that it was done? Thanks for the Chats. Edited March 13, 2013 by Iownay83 Link to comment Share on other sites More sharing options...
TomRiddle Posted March 13, 2013 Report Share Posted March 13, 2013 "The Council of Ministers approves the continuation of the ration card distribution terms as provided cartoons. The Cabinet decided to continue the ration card distribution terms as cartoons provided contains all of the vocabulary card. The Council of Ministers decided on the ration card provided that the Ministry of Commerce to distribute in the form of cartoons containing all the vocabulary card. The Council also agreed to grant the families of the martyrs of members of the internal security forces and army of full salary and allowances received by service." http://burathanews.com/news_article_187355.html Your thoughts? Also, A meeting between Talabani and Barzani party to determine the position of the Ministers of the Government Read more: http://dinarvets.com/forums/index.php?/topic/143580-a-meeting-between-talabani-and-barzani-party-to-determine-the-position-of-the-ministers-of-the-government-wednesday-13-march-2013/#ixzz2NOJlSt9f Your thoughts? Link to comment Share on other sites More sharing options...
RobbinL Posted March 13, 2013 Report Share Posted March 13, 2013 Iraq has passed budgets before, What about this years budget makes it so much more important to the RV that other budgets? Link to comment Share on other sites More sharing options...
Recommended Posts