Popular Post Adam Montana Posted July 20, 2016 Popular Post Report Share Posted July 20, 2016 Hey hey it's Hump DAY! Let's do some housekeeping here real quick. I believe we're 100% moved to our new server, and from the positive feedback about the speed of the site, hopefully we can get back to checking on the dinar and not worrying about if we can visit dinarvets or not! As of today, we do not have an RV. I believe that's because we don't have an HCL, but this isn't an entirely bad thing. I say that specifically because there is no reason to believe the HCL will not go through... it's just not happening as fast as we want. Since we can't control the HCL, or the rate of the IQD for that matter, let's focus for a minute on something that we CAN explain... "Who, or what, exactly, controls the rate of the IQD?" In the past, there have been a lot of questions about who controls the rate, what entities can influence an RV, does X or Y or Z have to approve, and so on. Let's break this down, and we will all walk away better educated! The IMF seems to get lumped in with a lot of "guru updates", and I usually conclude that the guru doing the lumping or including simply doesn't know what they are talking about... and time usually proves my assessment correct. I'm sure you are all aware of the recent "brexit" thing, where Britain decided to bail on the EU. There was a ton of "the sky is falling!" mentality, but I never had any major concerns. My thought was actually more like "SWEET! Good for you, ya bunch of bloody wankas! It's about time!" I do regret not having the foresight to short a bunch of British stocks, but in my defense I was so busy I didn't even open the email that would have clued me in to the opportunity until about 2 weeks after #brexit was done... ...but let's get back to my point. When it comes time to RV, Iraq itself isn't even the controlling factor. That might sound weird, but follow along and I'll clarify this. Parliament is not the controlling factor. Abadi is not the one that will "push the button", nor will Shabibi or the IMF. In fact, I posted an article earlier today that shows exactly how little the IMF has to do with anything... they are more and more becoming a useless organization with no more actual influence over the rate of the dinar than the UN has over North Korea. The controlling entity is, and always will be, the CBI - Central Bank of Iraq. And the reason why is extremely simple - because THEY are the ones that regulate and operate the auctions, which is where the rate is set. That's it. End of story Iraqi Parliament does have an influence. The governing bodies in Baghdad and Erbil, the powerful Shiites and Sunnis, and the elected officials that you hear about - they have an influence. Their specific influence, at this time, is regarding the progress of the HCL. We expect to hear that news very soon. But at the end of the day, not one of them can do what the CBI can do... the CBI is the only thing that can change the rate. That's the update. That's where we are, and hopefully I was able to dispel a few of the goofy myths about how much power the IMF has in this game, or who can do X or Y at this time. Final thought.... GO HCL! I'll talk to you all soon. 21 Quote Link to comment Share on other sites More sharing options...
arvee4me Posted July 20, 2016 Report Share Posted July 20, 2016 Thanks for the info Adam. 1 Quote Link to comment Share on other sites More sharing options...
steveh12 Posted July 20, 2016 Report Share Posted July 20, 2016 Who was that Masked Man?? 2 Quote Link to comment Share on other sites More sharing options...
Pepperina Posted July 20, 2016 Report Share Posted July 20, 2016 I too want to give my thanks and appreciation to you, Adam, and to all who work so hard on here to keep us informed on everything. It's all a bit confusing to me.....so, thanks again for breaking it down into laymen's terms. !! 1 Quote Link to comment Share on other sites More sharing options...
seks Posted July 20, 2016 Report Share Posted July 20, 2016 short, sweet, and to the point, Thanks Adam ... 1 Quote Link to comment Share on other sites More sharing options...
countryroads Posted July 20, 2016 Report Share Posted July 20, 2016 Adam. I just wish that the Iraqi's were half as dedicated to the RV as you are to the site. Countryroads 2 Quote Link to comment Share on other sites More sharing options...
Caye98 Posted July 20, 2016 Report Share Posted July 20, 2016 Adam thank you for the update. I know this is all fully covered and explained on the VIP and OSI sides of this site, but there is just so much information there (as well as updates and strategy changes based upon world changes) that newer members often don't get deep enough into the available documents to learn the basics of how things work. On the other hand, some of us have forgotten more than many people ever learn, and as right-on-top-of-things as we once were, without working with these concepts and principles daily we can easily mis-remember things. 2 1 Quote Link to comment Share on other sites More sharing options...
BJinMontreal Posted July 20, 2016 Report Share Posted July 20, 2016 Ummm ... wait ... Who's on first? Thank you for the information ... I feel so EDUCATED NOW !!! 3 Quote Link to comment Share on other sites More sharing options...
eburt Posted July 20, 2016 Report Share Posted July 20, 2016 Thanks Adam for the update and I agree with your assessment that the CBI is the one that will pull the trigger on the RV...With that said are they waiting on the HCL to be pass? If so, then we might be waiting a LONGGGG time because of greed is causing the issue because they can't agree on a percentage of the oil agreement. How long can this go on before other countries and IMF start to complain because of the LOANS they gave to IRAQ? Just seems like this merry-go-round keeps going with the HCL and they take 3 to 4 steps forward then take another 7 to 10 steps backward in regards to HCL....I hope I'm wrong but just want this RIDE to be over.... Again thanks for all your help.... Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 20, 2016 Report Share Posted July 20, 2016 Glad to have you back. Great educational update. 3 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted July 20, 2016 Report Share Posted July 20, 2016 whoooo hooooo we are baccckk!!! WE know that cause we got our weekly fix from our fearless leader... OK now back to posting funny armed service pics and cat photos!!!! 4 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted July 20, 2016 Report Share Posted July 20, 2016 5 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted July 20, 2016 Report Share Posted July 20, 2016 Gotta teach my Lab to do this!!!!!! 4 Quote Link to comment Share on other sites More sharing options...
katalina Posted July 20, 2016 Report Share Posted July 20, 2016 We have no Recreational Vehicle because we have no Hydrochloric Acid? 5 Quote Link to comment Share on other sites More sharing options...
3KINGS Posted July 20, 2016 Report Share Posted July 20, 2016 so what exactly if you can share is left to get the HCL done,was there not an agreement made sometime back as to the specifics of it? if so why do you think they have not made it into a law? 1 Quote Link to comment Share on other sites More sharing options...
semdude Posted July 20, 2016 Report Share Posted July 20, 2016 Thanks for the site update speeds are back and am not waiting minutes for down loading. 1 Quote Link to comment Share on other sites More sharing options...
Golfnsr Posted July 20, 2016 Report Share Posted July 20, 2016 (edited) All I want is a darn RV, no matter what the rate, Edited July 20, 2016 by grumpysr 1 Quote Link to comment Share on other sites More sharing options...
RodandStaff Posted July 20, 2016 Report Share Posted July 20, 2016 Sandfly Adam and your team of most excellent Mods!!! Now I feel even smarter...so does that mean I can have another round? 1 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted July 21, 2016 Report Share Posted July 21, 2016 I am buying Rod!!!! 3 Quote Link to comment Share on other sites More sharing options...
wildeman Posted July 21, 2016 Report Share Posted July 21, 2016 Thanks Adam 1 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted July 21, 2016 Report Share Posted July 21, 2016 It's all about the HCL.......all other articles coming to light with some good news indicating that the end of the ride is near is cool and all.....but it's always about that HCL that needs to be passed. If Adam's main focus he's gonna look for that, so should we!! HCL!! HCL!! HCLLLLLLLLLLL!!! MORE WHISKEY WHILE WE WAIT!! THANKS!! Quote Link to comment Share on other sites More sharing options...
sandfly Posted July 21, 2016 Report Share Posted July 21, 2016 THANKS ADAM 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted July 21, 2016 Report Share Posted July 21, 2016 Thanks for the update Sir. Go CBI Go dinar Go increase exchange rate Go $1:1 2 Quote Link to comment Share on other sites More sharing options...
kjwayne Posted July 21, 2016 Report Share Posted July 21, 2016 Yes, the HCL is important ! If I am correct then the HCL will also depend on the new rate of the dinar after the RV. The Hcl is the amount of dinars that each citizen gets for every barrel of oil sold out of Iraq. that is ONE of the hold ups on passing this law. IMO 2 Quote Link to comment Share on other sites More sharing options...
chess Posted July 21, 2016 Report Share Posted July 21, 2016 16 hours ago, SnowGlobe7 said: DOES THAT DOG HAVE A LOBSTER CATCH LICENSE?........................ 2 Quote Link to comment Share on other sites More sharing options...
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