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TexasGranny

Questions for Adam's Update 5-13-2015

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From Candy01 on Sunday

 

Hello,

 

With the CBI now intending within 2 weeks to print a NEW 50K Dinar note, won't we now have to WAIT a MUCH longer time for the RV?

 

Already KAP said this is a DEAL BREAKER and he is getting OUT of the Dinar investment?

 

Adam and fellow VIPers, what say YOU?!

 

Thanks much again!!

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Adam: I would like to know what you have heard about "The Spring Offensive" that was going to start in the Spring of 2015. It was suppose to signal the start of the end of ISIS, and the start of Iraq taking back its own country.

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Hi Adam. If I’m not mistaken, Muslims (specifically Iraqis) will have 2 important upcoming months; 1st will be the fasting month Ramadan (from mid-June till mid-July) and celebration month Eid (mid-July till mid-August). So, we can assume in this two month, they will work at the lowest possible rate ever because they will basically focus on their religious matter. So, from the current progress and in your honest opinion, do you think they can have the HCL before Ramadan?  Thanks for your input.

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Hi Adam

people are excited about Iraq trying to get a credit rating but if they get a low credit rating would that not hurt the rv price?

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Good morning Adam,Why would Iraq start printing large denomination notes if their currency was going to gain value.it seems to me that the opposite would be true if an increase in value was imminent.Thank you brother.

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Adam:

Just wondering how the shorts taste. Did or are you planning to use any seasoning?  Yum Yum!!!

 

Don 45

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Hi Adam,

You stated earlier that you strongly felt that the RV would not go past the start of Ramadan, June 17th.  Do you still feel this way?
Thanks,
Dr J

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Guys your killing me with the 50,000 note question. These articles have been coming out every year like clockwork. Here is an example from Bank Note News http://www.banknotenews.com/files/tag-iraq.php.

 

Iraq planning new 50,000-dinar note
Mar 08, 2012 11:45 AM Category: Middle East
 

Here is an article from the previous year

 

Iraq denies rumor of new 50,000-dinar note
Nov 29, 2011 04:46 PM Category: Middle East
 

Sorry Buzzy, I forgot this is the question post. My question is will you give me the green light to sell these people some Ocean Front property in Arizona and use the proceeds to buy more dinar?

Edited by shydude
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Adam, if I decide to exchange my dinar for precious metals, would I be able to defer taxes using this angle ?

 

pp

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Hello Adam,I kinda got into a heated debate on this forum yesterday about larger denominational notes being printed.many members stated that the United States had large notes at one time.i know this is true,but I also know it was in the 1930's and was necessary at the time because of bigger transactions but today we have all kinds of ways to transfer large amounts of money electronically.I really don't think that Iraq is printing larger denoms. for large transactions.what is your take on this?Thanks brother.

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Thanks for all you do for us Adam

I have a distant family member that has bought into China dinar positions. He says that when the cash in takes place that their positions will be honored and the people who have dinar bills will be out of luck as Iraq will not honor the old currency at that time do to counterfeit bills.

Have you heard about this? I told him that that could not happen, but I am just a holder of dinar not an expert as you. It would be nice to share your expertise and view on this.

Thanks again.

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