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Adam Montana weekly - 20 May, 2015

Adam Montana

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Good morning and happy Wednesday to all you 
crazy cats out there!
Unfortunately for me, I'm having internet issues 
and I've got a very hectic schedule today... I'll do 
my best to follow up tonight or later this week.
For now, I'm going to do two things.
ONE! I've received a ton of emails asking if there 
will ever be another discount on VIP - FINE, you 
pestered me enough! 
Hopefully this is the final discount EVER. Since it
is the month of May, let's create some "May-nia" 
with a 25% discount on any VIP package at this link:
And you have to use the discount code "may-nia" 
to get the discount!
Remember friends, VIP is great for a lot of things! 
Check out all the benefits here:
TWO! I may not have good internet or a lot of time, 
but I'll always do my best to do the weekly Q&A, and 
this week I'll put most of my thoughts as response to 
the weekly Q's.
================ Q&A =================


Hi Adam.
During Ramadan, does the Iraqi parliament meet at all or is it in recess until the end of Ramadan? If it is in session can they pass any legislation on things like the HCL?. And is it legal for the Bank of Iraq to RV during Ramadan?
Parliamentary procedures always leave me in a fog.

Thanks buddy.


Countryroads, you aren't the only one that gets confused on their 

Parliamentary process! Don't feel bad :)


I've always said in the past that nothing major happens during Ramadan... 

and I don't have much reason right now to think that will change, BUT we 

have a couple of pending things.


1. The US is now moving in favor of adding more support to Iraq with the 

motive of defeating ISIS. 


2. We're still on the verge of major HCL movement. 


If we get immediate movement on those two things, or a couple of other 

key items, then we might see pressure on Parliament to break tradition 

and actually sing some high notes during Ramadan.


The timing of everything is key right now.


So to answer the rest of your question, YES it is possible to see major 

activity from Parliament, even during Ramadan.


I always said it wasn't likely in the past, but this year could be different, 

depending on how things go over the next couple weeks.




Good morning Adam,
I have been at this for six years now following the flow of information week in and week out. I have no fault with you as you as educated as they come. However, as time forges on I keep hearing the same thing with a bit of a different spin. It has gone from the bankruptcy of Iraq, to the completion of budgets and the completion of the HCL. All were to happen bing, bang, boom, for the lack of a better term. Now we have ISIS playing its games through out Iraq and causing uncertainties.
What would your response be to those of us that are feeling uncertain about an RV ever happening. I think I will be six foot under before I see it happen.
Have a good day.


I don't know who talks about the budget or bankruptcy, but it's not me.


I've been harping on the importance of the HCL for a couple years now, 

and we're closer than ever before to serious success on that front.


As encouraging as that may be to myself and others, it's always important 

to remember that only two things in this life are guaranteed... and an RV 

isn't one of them.


Cheers Mr Bee. :tiphat:


Adam. Independence......."the CBI is independent..." "...the CBI set the rate..."

>>> IF <<< the cbi is soooooo "independent"

The "powers that be" that took the dinar from over $3 to -$2000 overnite....seems to me...THEY are who we're waiting to hear from.

Seems to me the CBI is jumping threw SOMEBODYS hoops.....whose!?!?!?!?! So I can just wait to hear from them n stop reading all the B S about the date n rate

Thanks again for all you do.


I'm just going to suggest that everyone stop reading anything that has to do 

with a date or rate.




How would it be possible for the currency of Iraq to be vovid and new currency out due to IS having so much.

Just saw the story on this site. Thanks


I didn't catch the article you're referring to, sorry!




HI Adam!  With the CBI lending/giving money to the GOI and banks, is this a good sign? Can you expound on this please? Thanks!


I don't think it's a bad or a good sign. The CBI does whatever it wants and 

as long as I've been watching this deal, they ALWAYS stay on top of every 



With that said, I don't worry about what they do until the day they change 

the rate. Everything else is just fluff and filler.




Do you know what the note count for Iraqi dinar is at now?

Can there be a increase in value of the IQD before ISIS is eliminated inside Iraq?


1. Nope, I don't monitor that. That's the CBI's job.


2. Eliminated? ISIS will never be 100% eliminated. Contained or Controlled? That's 

another story, and it will happen soon enough.


Bless you Adam for putting yourself out there and doing what you do. Assuming the 50K and 100K bills are actually printed, I understand that purpose would be for internal banking transactions and not for public use, as well as reducing the total note count significantly. What's your take on this? I've been in this for over 10 years, and have learned over time, as you stated before, the details of this ride seem to trip up a lot of folks and we need to keep our eye on the big picture. Getting harder as time proceeds however, you are correct.


If the bills are printed, and if they are only for internal banking purposes, then 

I agree with your statement.


I was under the impression that they were supposed to be printed by now if 

they were actually printed, so once again... I don't pay attention to those 



I know that Iraq has major potential to increase the value of their currency, and 

that hasn't changed at all. The articles are just distractions, so I don't dwell on 

them too much (or at all!).




Hi Adam,

I am so tired of reading articles that end in IMHO.  Abadi seemed to have a big push to get everything done within the last couple of months. Now so many new issues are surfacing.  "Someone" claimed to have contacts in Iraq and this person stated the news is blowing everything out of proportion regarding ISIS and everything is peachy in Iraq.  On CNN, and Hanity show this afternoon, it was stated how ISIS is staking claims in several key cities in Iraq.  In your circle of contacts, what is your opinion for this happening anytime soon?  I have  also read that Master Cards have been circulated for inside/outside Iraq and something should happen sometime between June and this Fall.

Another statement I read stated the rate has gone from 1166 to 1305---any truth to this ??  with the rate heading towards1300, isn't that going in the wrong direction to raise the rate?   Sorry for so many questions.................just tired of the never ending saga.


Hey waiting,


:lol: WOW that was a lot to digest! Let me try to break it down...


1. I don't know who "Someone" is, but I agree with them that a lot is being "blown 

out of proportion"... the reason is simple. Those articles sell a lot more papers than 

the feel-good articles, so of course that's what we hear most of.


2. If the rate went to 1305, yes that would be the wrong way - but I haven't heard 

that from any credible source. I've heard that the intent is to go the other way.


3. Master Cards and the June July timeline - no comment.




Does ISIS' $4 currency put pressure on the CBI to match or at least address ISIS?

I don't believe so - in fact, if ISIS was to control a $4 currency, that would 
put more pressure on outside influences to act more aggressively to destroy 
They might *claim* a $4 rate, but I challenge anyone to go to a local bank and 
obtain some of that $4 currency.
You can't.
That's it for now, I'll pop in later this week or weekend with a follow up.
Have a great day everyone, and don't miss out on the May-nia discount!
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Thanks Adam for your take on keeping us looking forward to the RV.

It's Iraq so until it happens, we are all waiting & watching & trying to stay positive.

It's nice to belong to this group and looking forward to that special day.

Until then, I count my blessings in life everyday for that is what really matters.

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The priority is Security and stability. No the HCL



Increase of the exchange rate

No good vibes, buzzy feelings or rumors just the FACTS

Welcome to reality DV.

For now you can take advantage of the VIP/OSI discount ;)

Thanks Sir.

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Thanks - I guess we may have to look toward 2016 for this thing to happen - With all the issues with security and NO idea where we stand with HCL being passed - It seems like the roller coaster ride has been extended until futher notice......... :confused2:

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Thanks, Adam, and we eagerly wait for your follow up. And everyone have a wonderful Memorial Day weekend with a good cookout (except California and may it rain on you)!

And I thought I liked you.  What did I ever do to you?  I'm going water skiing on Monday anyways.  haha lol

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And I thought I liked you.  What did I ever do to you?  I'm going water skiing on Monday anyways.  haha lol

water skiing good for you, hope ya have fun, got up this am and was +2 coming into summer wow, no skiing in thongs today, 

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