Adam Montana quick update - 13 May 2015

[Adam Montana]

Good morning fellow Dinarians out there in Dinar-land!

 

Today is Wednesday, 13th of May, and I don't have any secret intel 

today. (If I did, I couldn't share it anyway!)

 

Before I get to the Q&A, something occurred to me this morning.

 

It occurs to me that people tend to get hung up on the small details 

a lot of the time, and they forget to look at the big picture.

 

I remember one of my last trips to Abu Dhabi, I ended up sitting next to a 

Sheik wearing the long robe and a baseball cap (I think it was blue 

with the Yankee logo on it).

 

I notice in his front pocket a very flashy pen... it was absolutely stunning!

 

Once we got off the plane, I connected to the airport wifi...

 

 

and did some image searches... wouldn't you know it, I found the pen

that guy was toting around in his pocket like it was some ordinary ball

point clicky thing.

 

Turns out that pen had a few hundred precious gems in it and was worth 

TENS of thousands of dollars.

 

 

Hey, you never know when you'll need something fancy to sign a new 

multi billion dollar oil contract with, right?

 

On one of my recent trips to the Seychelles, I noticed a LARGE new 

construction taking place on top of a mountain in the not-too-distant 

background. Keep in mind that the Seychelles is a very small island, 

made of granite, and land is at a huge premium there.

 

I asked my guide-friend what it was, and he gave me the name of a 

wealthy oil tycoon who decided he loved the island and bought a sizable 

chunk of it in order to build a palace on.

 

Everything he was doing was against government regulations and completely 

unheard of by anyone else, but this guy had greased so many palms that 

he was able to do anything he wanted there.

 

And I ran across this recently: Billionaire Saudi to build world's largest 

building, reaching a full kilometer.

 

This guy is also building an entire city to go around the tallest building in 

the world.

 

They had to dig down over THIRTY stories to set the foundation.

 

The steel they are using is the strongest ever made.

 

https://www.youtube.com/watch?v=cSGqUMECIVs

 

Are you all following along with me here? Let me break this down in real 

simple terms...

 

The money that comes from oil is mind-boggling. They don't have to live

by our "logical" terms, and they won't do business or maintain their money 

on our terms either!

 

The potential for Iraq to soar far beyond anything we can currently imagine 

is astounding. The potential for wealth simply by putting their feet down and 

announcing to the world "OUR CURRENCY IS NOW 100X STRONGER" is 

real... all anyone has to do is realize that we don't have to understand why 

someone would actually gold plate a Lamborghini... they just do it because 

they can.

 

 

"The gold vehicle had a pricetag of $7.5 million, making it the world's most expensive model car.

Carved out of a 500-kilogram block of solid gold, the finished model contained 25 kilograms of the precious metal."

 

http://www.dailymail.co.uk/news/article-2768199/Is-world-s-expensive-car-4-million-gold-Lamborghini-pictured-Paris.html

 

So, let me just sum this up real quick...

 

1. Iraq has a major portion of the stuff that makes this kind of insane wealth possible.
2. At one time, Iraq had a currency valued at that same level.
3. Iraq has been and continues to be on a very linear path to prosperity.
4. Logic does not have to apply. They do what they want.

 

I'm in for the long haul on this one, my friends. I don't expect an RV of $15 

where maybe I could have my own gold plated Lambo, but you can bet your 

sweet little tush I'm sticking around long enough to see a good profit on my 

little gamble here.

 

I'll see you at the finish line, and hopefully not too far from now.

 

 

========== WEEKLY Q&A ===========

 

 new york kevin  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.

 

 

I haven't spent a lot of time watching it, sorry bud! I've kept up on the details enough 

to know that ISIS isn't taking over Iraq, as much as the MSM would have liked to 

have us all think that for a while.

 

HBO 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.

 

 

Can they? Absolutely.

Will they? Possibly.

 

Should they? YES, DANGIT!

 

 robert c 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?

 

 

That is a good question. Sure, it *could* happen... but I doubt it will. Why would Iraq apply 

for a credit rating now after all this time if they thought they might not get a favorable ruling?

 

 Hellifiknow Adam. I have $5000 notes. Any way !! they recall them like the $50 note ???

 

 

 

Of course they could. I'm not worried about it though.

 

stealthwarrior 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.

 

 

1. See my opening comments. They don't have to do anything logical.

2. When the new notes are actually printed, we should start paying attention. Until then, it's just 

another article that may or may not have any real meaning.

 

 Don45 Adam:  Just wondering how the shorts taste. Did or are you planning to use any seasoning?  Yum Yum!!!

 

 

 

You are a mean mean person

 

drj 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,

 

 

It's over a month from that date... but that's a good question. 

 

We've seen a lot of progress and great news on the HCL, but the recent credit 

rating news may actually become a factor. 

 

I'm going to hold my comments on the timeline for now. 

 

shydude 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.banknoten...es/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?

 

 

Shydude good perspective on the articles. They do this stuff all the time, so I'm not going to 

get too excited until I see something more solid than just a few articles.

 

 

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

 

Not likely. 

 

However, if a foreign entity that doesn't pay US taxes in the first place does that, then absolutely yes.

 

If you're not in my VIP/OSI group yet, now is the time!

 

 

 stealthwarrior 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.

 

 

I don't even know for sure if they are really going to print the notes in the first place!

 

Wouldn't it be something if tomorrow they say "Ok everyone, big notes coming out on Tuesday!"

 

and then on Tuesday they said "Just kidding, no big notes... RV TIME!!!"

 

 

desert surfer 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.

 

"China dinar positions"? I'm not sure there is any such thing... and with that said, I'm 

thinking maybe they are being misinformed. If you want to send me information (in private) 

about these "chinese dinar positions", I'll look into it and at least give you some relevant 

info to send to him.

 

Regardless, you are correct on one thing - those of us holding cash dinars won't be "out 

of luck". We'll have the same window as the rest of the world to cash in before they replace 

the current bills with new re-denominated bills.

 

============================================

 

I'm off to shop gold-plating prices. Maybe I can start with a bicycle.

 

Have a great day everyone!

 

- Adam

 

 

 

 

 

[SnowGlobe7]

38 members 101 guests

[boosterbglee]

Thanks King Buzzy!  or King Goldfinger! 

Your optimism helps get me through all this "stuff" we have to wade through daily!   

[MyLadiesDaddy]

Hey, when did you take a pic of my work vehicle? LOL

[djgabrielie1]

Thanks. That was interesting Adam.

[eburt]

Thanks Adam

[Wiljor]

Great post Buzzy, your explanation makes sense and your analysis of the way Iraq moves as well. Sometimes I feel, as you say, try make sense out of every detail when we should be looking at the big picture over all. Your upbeat attitude always is appreciated and I can almost hear the enthusiasm in voice as I read your Wednesday's chat. Closer are we? absolutely, we just have to be patient.

Thanks again

[Goggles]

Very cool. Thanks Adam!

[fancy]

Thanks Buzzy. Your optimism does a lot for us, I know I needed it. Maybe the lull before something big happening? Maybe its like LGD says........SUDDENLY

[speedmerchant]

Appreciate the info.   Thank you

[olivesman]

"LOGIC DOES NOT HAVE TO APPLY"

I AM COUNTING ON IT!!!

THANK YOU KIND SIR!

[SnowGlobe7]

113 members 927 guests

["Fred"]

Thank you sir for making me smile today....

[tjokie]

You should start calling your weekly post "The BUZZ WORD"       

[FirstTop]

My opinion is that they are waiting to make sure they have secured all the large oil refineries and take Mosul before anything major can be done with the HCL and Dinar rate.

SUPPORT THE TROOPS!

[Man_Kind]

I can dig it !

 

Thanks Adam !

[Laid Back]

No one knows the outcome of this investment.!!

We all are speculating.

We patiently wait.!

[DinarThug]

Well It's Time For Me To Take A Break From This ...

[robbby]

With Iraq, no bad news is always GOOD news.

We are with you till the end,Buzzy!

Blessings to all xxoo

[seks]

Thanks Adam, we wait .........

[precious1]

Thank you Buzzy Keep our eyes on the positives and for a change there are way more positives in Iraq than negatives. Sure a revaluation would be grand today but I'm at peace with it. It will be when it is. I am not going to get hung up on any artcle,I don't think anyone would show their cards pre-revaluation. If it doesn't revalue so be it. God always takes care of me. Hey and in the meantime one can dream lavishly! Who could I help?

What difference I can make? Of course, don't put off for tomorrow what you can do today. Kindness is in itself, golden.

[bigwave]

"I'll see you at the finish line, and hopefully not too far from now."

 

Thanks Adam....

 

[DinarThug]

Well It's Time For Me To Take A Break From This ...

Wow - That Was A Refreshing Break !

Did Anything Happen While I Was Gone - Has Adam Sent Out The Big Text Yet ?

[KathyJB]

How can I tell if the dinars we have are counterfeit? We bought the about 8-10 years ago

[justchecking123]

A GREAT, well thought out post. I can tell you put some thought into this. Kudos!