Popular Post Adam Montana Posted April 20, 2016 Popular Post Report Share Posted April 20, 2016 Morning citizens and visitors of DV! I love it when Iraq makes things simple for me. I mean I really, really, really love it! For weeks and months, we've been at a standstill with Iraq. No progress, nothing to really talk about. But if you've been reading the news over the last week, starting on about Saturday... ... it looks like the time has come for change. In fact, it looks like al Sadr is on a rampage! All you have to do is skim this thread: And you're going to see that after the weeks and months of dragging feet, we're on the road to be back in business. Iraq doesn't want to sit stale and stagnant, any more than we want to witness it. We haven't heard a peep about the HCL in months, and it seemed like nobody was going to do anything about it. Looks like that changed, so let's hope for some good news out of this little shake-up. Simple enough, right? Here's the weekly Q's: Quote coorslite21 After the past couple of weeks how do you feel about computers, programs, the internet, servers, protocals, viruses, worms.....etc, etc.......and all those other things involved in keeping a website running smoothly............ (colorful words accepted) On every ones mind would be Parliament, the GOI, and what the recent turmoil we are seeing means? Any thoughts on this would be appreciated. Thanks Computers... BLECH! What a nightmare that was... now it's been reduced to less than a migraine, just a massive headache. And YES - the turmoil! It's about darn time something happened, I'm looking for good news to come out of this. Quote Reverse-Pumper I won't ask date and rate. What I will ask is do you think a date and rate exist? Do you think that whoever is in charge in Iraq has decided a date and rate yet or is that still up for debate in Iraq right now too? Thanks. I've stated many many times that I don't think we're looking for a "date and rate" - I believe we are looking for a set of circumstances, which includes a lot of what we already have and also the all-important HCL. Hopefully we'll be getting back to work on that very soon, in the aftermath of the current situation Parliament is in. But if we have to pick a rate.... how does $1 sound? Quote countryroads Does Iraq have anything of importance ( RV ) coming up before Parliament any time in the near future? That's a fluid question right now, due to the situation I posted above. We will see. Quote eburt Hello Adam and Mods, With ALL the recent Turmoil in GOI what is your intake on Iraq Dinar? Do you still have the confidence that Iraq will get their act together and have RV anytime during our lifetime? The reason I ask is because Maliki and his people is doing what ever to STOP Iraq from moving forward and GOI is NOT passing any Bills/Laws because of fighting and not getting alone. Just want to know if you are still excited about this investment... You are definitely correct about the GOI not getting anything done recently. Hopefully we are witnessing what will be a major turning point for them right now. Quote phlip In the event of a significant RV when the CBI converts all of its circulating IQD to USD, Euro, Yuan, Yen, or GBP, on demand, and then issues new lower denomination notes as the new circulating IQD; what will the new notes be worth? For example, if in the event of a $0.10 per dinar RV an Iraqi citizen converts all of his IQD10,000 notes for US$1,000 each, but then wants new IQD currency notes to use inside Iraq, what would a new IQD10 be worth in dollars? phlip The IQD is pegged to the USD now, but will it remain pegged to the dollar after a significant RV of the USD/IQD rate; and if the IQD becomes unpegged from the dollar what will happen to the other international currencies vs the dollar ~ will the other currencies rise or fall against the dollar? A new IQD10 would be worth whatever the CBI sets the exchange rate at. It may remain pegged, or it could float. My opinion is that the CBI will do whatever is in it's best interests (whichever is most profitable). Will other currencies be affected? At least somewhat, but the value of the IQD isn't going to have a direct effect on, for example, the amount of USD in circulation, the USAs debt obligations, the credit worthiness of the US, etc. I think your line of questioning is trying to figure out where the wealth will come from. Let's ask a different question: When the value of the IQD plummeted from 3:1 to 1:2000 USD:IQD, where did that wealth go? Was the USD suddenly made stronger? Did it have any major effect on the USD, or any other currency? No, it did not. This is a fiat currency that we are talking about. If it was required that the value be attached to something physical, like gold, it would be a different story. But in this case, the value does not have to be tied to anything. That takes most of the logic and reasoning out of the equation. And for us, that is a good thing. ====================== / / / =========================== Until next time, friends! 27 Quote Link to comment Share on other sites More sharing options...
Frank61 Posted April 20, 2016 Report Share Posted April 20, 2016 Thanks Adam ! 4 Quote Link to comment Share on other sites More sharing options...
Caye98 Posted April 20, 2016 Report Share Posted April 20, 2016 Thank you Adam...Now maybe the ME will take a 420 break... 7 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted April 20, 2016 Report Share Posted April 20, 2016 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted April 20, 2016 Report Share Posted April 20, 2016 sandfly 2 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted April 20, 2016 Report Share Posted April 20, 2016 Adam, as always - Thanks! 2 Quote Link to comment Share on other sites More sharing options...
steveh12 Posted April 20, 2016 Report Share Posted April 20, 2016 Who Was That Masked Man??? 2 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted April 20, 2016 Report Share Posted April 20, 2016 Thanks, Gracias and Sandfly! 2 Quote Link to comment Share on other sites More sharing options...
chess Posted April 20, 2016 Report Share Posted April 20, 2016 .....mmmm, so what is a Fiat automobile REALLY worth??................. 5 Quote Link to comment Share on other sites More sharing options...
calkid11 Posted April 20, 2016 Report Share Posted April 20, 2016 Thank you Adam and Mods for all your hard work. 3 Quote Link to comment Share on other sites More sharing options...
eburt Posted April 20, 2016 Report Share Posted April 20, 2016 Thanks Adam for update..... 2 Quote Link to comment Share on other sites More sharing options...
seks Posted April 20, 2016 Report Share Posted April 20, 2016 Thank You Adam, I'm still looking forward to meeting you and the Gang in Belize 2 Quote Link to comment Share on other sites More sharing options...
olivesman Posted April 20, 2016 Report Share Posted April 20, 2016 "we're on the road to be back in business." THANK YOU, SIR! 3 Quote Link to comment Share on other sites More sharing options...
brbrlocke Posted April 20, 2016 Report Share Posted April 20, 2016 Thanks for the update and $1 sounds good to me. 4 Quote Link to comment Share on other sites More sharing options...
Texstorm Posted April 20, 2016 Report Share Posted April 20, 2016 Thanks Adam ! I still think we are looking at a dollar, it's the only thing that makes sense to me and it's works out alot better when we can trade even up, minus the Fee's of course. 4 Quote Link to comment Share on other sites More sharing options...
Stubby 1 Posted April 20, 2016 Report Share Posted April 20, 2016 As Always , Excellent update Thanks to Adam and all involved!!! 1 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted April 20, 2016 Report Share Posted April 20, 2016 4 hours ago, Adam Montana said: I've stated many many times that I don't think we're looking for a "date and rate" - I believe we are looking for a set of circumstances, which includes a lot of what we already have and also the all-important HCL. Hopefully we'll be getting back to work on that very soon, in the aftermath of the current situation Parliament is in. But if we have to pick a rate.... how does $1 sound? We will see. Big bro Adam, I'll make sure there's a bottle of the best Pappy Van Winkle whiskey with your name on it and then some if this will be the case.....yup! Thanks! 2 Quote Link to comment Share on other sites More sharing options...
Bumper64 Posted April 20, 2016 Report Share Posted April 20, 2016 At this point I would be happy with $.10 11 Quote Link to comment Share on other sites More sharing options...
TQueezy Posted April 20, 2016 Report Share Posted April 20, 2016 $1 is fine, but $3.22 is muuuuuch better. 6 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted April 20, 2016 Report Share Posted April 20, 2016 12 minutes ago, Bumper64 said: At this point I would be happy with $.10 I LOVE YOU BUMPER!!!! (Picture of crazy obsessed girl) 6 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted April 20, 2016 Report Share Posted April 20, 2016 Much appreciated Adam, it's nice to see with all the turmoil that's taking place over there right now that when you read between the lines you actually can see things moving forward. The international community taking part in the re birth of Iraq is moving in full force and what I feel we are witnessing is perhaps the storm before the calm. The people need purchasing power, the country needs to go international to satisfy all nations involved in this re birth cycle. Are we closer, YES, but hang on folks cause things are going to start moving in all directions and I'm sure our good friends Yota, K98, and the rest of the news crew are going to get very busy. Let's keep the coffee brewing for these guys and pray we see the end of one chapter and the beginning of the next. 6 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted April 20, 2016 Report Share Posted April 20, 2016 Thanks for the update. 4 Quote Link to comment Share on other sites More sharing options...
chess Posted April 20, 2016 Report Share Posted April 20, 2016 Good to see none of the old silly "predictors," who were around $3.43. I've always said that anything above $3.25 is absurd!....................................... 7 Quote Link to comment Share on other sites More sharing options...
umbertino Posted April 20, 2016 Report Share Posted April 20, 2016 (edited) 4 hours ago, chess said: .....mmmm, so what is a Fiat automobile REALLY worth??................. Once a lot ( at least in this Country of mine)...Now...I don't know https://en.wikipedia.org/wiki/Fiat_Automobiles Edited April 20, 2016 by umbertino 2 Quote Link to comment Share on other sites More sharing options...
tankdude Posted April 20, 2016 Report Share Posted April 20, 2016 4 hours ago, chess said: .....mmmm, so what is a Fiat automobile REALLY worth??................. Whatever anyone is willing to give for it...just like the currency... 3 Quote Link to comment Share on other sites More sharing options...
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