Adam Montana Posted February 23, 2016 Report Share Posted February 23, 2016 Good morning DV! My schedule is a bit unusual for the rest of the week, so this week's Wednesday update is coming a day early. (No need to double check your calendar! It's not you, it's me. ) *QUICK NOTE: VIP MEMBERS, I posted a VIP update here: http://goo.gl/Pnb2Fr And I also sent an email about it. If you didn't get that email, you need to fix that! Instructions to do so are in my signature below - look for the word "whitelist". Last week I spoke a little about the price of oil and how it's likely affecting Iraq's ultimate goal of raising the rate of the dinar. That led to the usual feedback, which ranges from "Thanks for the update" to "omg Adam it's all your fault no RV!!!" (or something like that). Look... this is real simple. Here's a snapshot of oil prices over the last 10 years: It certainly doesn't take a rocket surgeon or a brain scientist to see that oil is silly low right now. After you take into account for inflation, it's even more obvious that this low rate cannot last. Now, if a bunch of numbskulls like us can easily see that oil should probably be closer to $80... don't you think Iraq can, too? I certainly do. As I type this, oil hasn't moved and we still haven't seen any significant news on the HCL. The GOOD news is that it also doesn't take a genius to grasp that oil is probably about as low as it can possibly go, which means there's only one way for it to go from here. UP. And the GREAT news is that in spite of these ridiculously low oil prices, the CBI has maintained a very strong grip on the exchange rate, proving that they are, as always, very capable of manipulating their market how they wish. You don't like to wait. I don't like to wait. But "it is what it is", so let's keep a level head and at this time I think our motto is: "Watch the oil". Whatzup Buzzy...''Thanks'' to the mods and staff for keepin' you in-line...My bad, us in-line.. ....With all the attention recently to support the private sector and the laws being pasted to finance the private sector and support international investors interest...My question; What's your take on Iraq getting the approval from the UN and WTO on the upcoming issue of Articular 8...''Thanks'' again to you and your staff for an excellent job of keepin' us informed and in-line... Hey Skeet, you had it right the first time... they keep me in line I've never placed a major emphasis on Article 8, and I still don't. That would be a strategic detail, whereas I still believe it's more about the fundamentals at this time. Those fundamental things have been whittled down to a very short list: 1. HCL I like short lists! Here's something for everyone to consider, speaking of fundamentals. I made a big deal out of how the Kurds and Baghdad were getting along so much better lately. If you've been in this for long, you will know that we used to ALWAYS see article after article about 7% this and 14% that and Kuwait boycotting Parliament due to non- payment and on and on... have you seen much of that lately? Or any? Nope. It's been very quiet on that front, because they've got those fundamentals worked out. They're playing nice with each other, and despite the wait... I really like our odds once we start seeing oil go back up. Hey Adam, Lately the numbers of questions posted on this weekly event have been much less than in the past. True - it's slow in the news lately, and I think most people who would post in the weekly Q&A threads have probably seen most of the questions asked and answered more than once Thank you for bringing fresh questions to the table. I split them up below: Just some things on my mind… You can answer any, all, or none of these. I know I am over the allotted amount, just trying to make up for the slow weeks! Thanks. Do you believe the smaller denominations are already in Iraq and are ready for distribution? If yes, held in the banks or green zone? Yes. At one time I had heard from sources I deem reliable that they were at banks, but that was some time ago. I don't think it matters where they are held either way. Is Abadi really under the gun to complete the monetary reform in Iraq at risk of being removed from office? In my opinion... not in the slightest. He's done so much good, and has so much positive influence, there's no way he's under any serious risk of being "removed". How important is Cleric/Holy Man Sistani in any of this process? Sistani... that's a good question, and a name I haven't heard in some time. I'll go back to what I said in response to skeet earlier - I think that's more of a technicality than a fundamental. So I'll rank his importance as "low". Do you know if the daily auctions will really end on Feb 29th and what is the significance of the lower daily auction numbers of late? I don't pay attention to the auctions. I used to keep a detailed spreadsheet, then I realized it was a waste - the CBI will do whatever they want, whenever they want, and they won't clue is in with any kind of pattern, change, or announcement. :twcocents: The amnesty bill keeps being pushed back. How significant is this in the process? When passed does this mean that the bad guys (Maliki & crowd) as well as the good guys (Shabbi etc.) will all be pardoned even though the bad guys were the ones who filed false charges on the good guys? Same as above - this is a technical issue, dealing with a small portion of Iraq's issues. The fact is very simple that they can have these problems AND a higher rate... but they will not be able to maintain the higher rate without the HCL. Did you hear that the Broncos won the Super Bowl? I'm not ashamed to say that YES I did hear, and unfortunately I lost some money on that game It was well won. (But not well lost... I lost a lot of respect for Newton on his post-game performance.) Ditto what coorslight said! Love those Broncos! Cheers Booster! Happy Tuesday, everyone! Make it a great week. 13 Quote Link to comment Share on other sites More sharing options...
Texstorm Posted February 23, 2016 Report Share Posted February 23, 2016 Thanks for getting this week over Adam ! 1 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted February 23, 2016 Report Share Posted February 23, 2016 Thanks for the "surprise" visit! Better than a surprise inspection! 2 Quote Link to comment Share on other sites More sharing options...
skeetdog Posted February 23, 2016 Report Share Posted February 23, 2016 Thanks Buzzy...Nice job...Hope ya ease through your week...Take care, Later... 1 Quote Link to comment Share on other sites More sharing options...
eburt Posted February 23, 2016 Report Share Posted February 23, 2016 Thanks Adam - Will continue to wait wait and wait some more 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted February 23, 2016 Report Share Posted February 23, 2016 (edited) Adam - as always, Thank You for your weekly posts!You mentioned in your post, "You don't like to wait. I don't like to wait. But "it is what it is", so let's keep a level head and at this time I think our motto is: "Watch the oil"." This seems to be about on the level of watching the grass grow, paint dry, or water boil. But, OK, likely watching the oil price is much more profitable! Thanks for the tip! Edited February 23, 2016 by Synopsis Quote Link to comment Share on other sites More sharing options...
1967 Posted February 23, 2016 Report Share Posted February 23, 2016 Thanks Adam,staff , and mods for job well done!! Hopefully we are on a short list and looking for your text!!! 1 Quote Link to comment Share on other sites More sharing options...
DWitte Posted February 23, 2016 Report Share Posted February 23, 2016 Did anyone win the Lotto? Ever? Adam - as always, Thank You for your weekly posts!You mentioned in your post, "You don't like to wait. I don't like to wait. But "it is what it is", so let's keep a level head and at this time I think our motto is: "Watch the oil"." This seems to be about on the level of watching the grass grow, paint dry, or water boil. But, OK, likely watching the oil price is much more profitable! Thanks for the tip! I wish this would happen as fast as any one of the three. Preferably as fast as water boils. I can make that happen really fast. Now everyone is going to ask how. I just know it. So here's the trick to make water boil super fast, Animal style. Just use a little bit. Haha 2 Quote Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted February 23, 2016 Report Share Posted February 23, 2016 ***/// Totally meaty, beefy, substantial Weekly Update, Chief ! Thanks ! Good Luck tonight to all our DV PowerBallers ! 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted February 23, 2016 Report Share Posted February 23, 2016 I wish this would happen as fast as any one of the three. Preferably as fast as water boils. I can make that happen really fast. Now everyone is going to ask how. I just know it. So here's the trick to make water boil super fast, Animal style. Just use a little bit. Haha I'm not quite sure how to get the water to boil faster. Putting the water pot above a lit oil well comes to mind but likely not an option. The water would boil real quick, oil exports would drop, and the oil price would likely go up some. I'd like to see other options other than a war. Maybe they'll get their act together and then, wullah, an RV! Quote Link to comment Share on other sites More sharing options...
Dinarian64 Posted February 23, 2016 Report Share Posted February 23, 2016 I was under the impression oil took a rebound after Iran Venezuela and others committed to keeping the flow down but then the oil guys shared losses and kerplunk went the market again. It will go back up. Quote Link to comment Share on other sites More sharing options...
olivesman Posted February 23, 2016 Report Share Posted February 23, 2016 So...I should NOT sell any dinar to cover some living costs at this time... THANK YOU for the upbeat post, sir. (If I did sell any, I would only sell to you, Adam.) 3 Quote Link to comment Share on other sites More sharing options...
Frank61 Posted February 24, 2016 Report Share Posted February 24, 2016 Thanks Adam, I agree with everything you are saying and thanks for your efforts. Quote Link to comment Share on other sites More sharing options...
Adam Montana Posted February 24, 2016 Author Report Share Posted February 24, 2016 Thanks for the "surprise" visit! Better than a surprise inspection! Especially at the doctors office! :shock: 5 Quote Link to comment Share on other sites More sharing options...
sandfly Posted February 24, 2016 Report Share Posted February 24, 2016 THANKS ADAM 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted February 24, 2016 Report Share Posted February 24, 2016 AND NOBODY APPRECIATES UR ONE DAY EARLY CHAT MORE THAN SANDFLY ! HE'S BEEN ANXIOUSLY WAITING THE ENTIRE WEEK JUST TO 'THANK' U ! 3 1 Quote Link to comment Share on other sites More sharing options...
maxfrm Posted February 24, 2016 Report Share Posted February 24, 2016 I have stopped receiving my weekly messages from you Adam, The last one was back in December 2015, is there someone that I can be directed to to see what issue there is regarding my account? Quote Link to comment Share on other sites More sharing options...
olivesman Posted February 24, 2016 Report Share Posted February 24, 2016 I have stopped receiving my weekly messages from you Adam, The last one was back in December 2015, is there someone that I can be directed to to see what issue there is regarding my account? http://dinarvets.com/forums/index.php?/topic/66595-vips-not-getting-emails/You probably haven't missed any. 2 Quote Link to comment Share on other sites More sharing options...
Adam Montana Posted February 24, 2016 Author Report Share Posted February 24, 2016 What he said ^ I have stopped receiving my weekly messages from you Adam, The last one was back in December 2015, is there someone that I can be directed to to see what issue there is regarding my account? Also check the comments in the VIP link I posted in my first post here. 3 Quote Link to comment Share on other sites More sharing options...
calkid11 Posted February 24, 2016 Report Share Posted February 24, 2016 Thank you Àdam, as always you are on top of everything. Again thank you so much. 2 Quote Link to comment Share on other sites More sharing options...
lakenana Posted February 24, 2016 Report Share Posted February 24, 2016 THANKS TO YOU ADAM AND STAFF FOR ALL YOU DO. A BIG SHOUT OUT TO JULIE MOORE FOR HER PROMPT HELP WHEN I HAD QUESTIONS. 2 1 Quote Link to comment Share on other sites More sharing options...
ididitfirst Posted February 24, 2016 Report Share Posted February 24, 2016 hello adam, i did not get the email but i have been getting them in the past. i have not changed anything. Quote Link to comment Share on other sites More sharing options...
yendor Posted February 24, 2016 Report Share Posted February 24, 2016 hello adam, i did not get the email but i have been getting them in the past. i have not changed anything. DITTO !! 1 Quote Link to comment Share on other sites More sharing options...
mazie Posted February 24, 2016 Report Share Posted February 24, 2016 (edited) hello adam, i did not get the email but i have been getting them in the past. i have not changed anything. Hi Adam, I also did not receive your last email ! Edited February 24, 2016 by mazie Quote Link to comment Share on other sites More sharing options...
davis411 Posted February 24, 2016 Report Share Posted February 24, 2016 THANKS TO YOU ADAM AND STAFF FOR ALL YOU DO. A BIG SHOUT OUT TO JULIE MOORE FOR HER PROMPT HELP WHEN I HAD QUESTIONS. hey with ya big shout out to Davis well just for being a Davis joking Julie is the best next to Davis i heard Quote Link to comment Share on other sites More sharing options...
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