Adam Montana Weekly 10 May 2017

[Adam Montana]

Heyyyy Wednesday! And DinarVets! I hope you fine people are doing
great today.  

 

I was out on my morning run early today, contemplating "The Rate".

 

You know, one of the few questions I try really hard not to answer?  

 

I always play "devils advocate" with myself, and I mean hard ball
style. Worst case scenario, best case, sideways case... what are the 
other angles, where else could this go?

 

As the recent news headlines rolled through my head, while I jogged

along the trail, wiping a bead of sweat (or two) off my forehead, and

then this one particular article came across my mental ticker-tape:

(courtesy @DinarThug in the VIP section   )

and I snorted with laughter:

 

https://goo.gl/9LZKT8 

 

Let me give you the summary... 

 

But before I get going, I just checked the current price and "HOLY S$%#"!
just flew out of my mouth (I really try not to curse!)... But when I wrote the

following a couple days ago, the price of BTC was $1600...

 

Imagine my surprise this morning, when I checked on BTC (bitcoin):

 

Bitcoin is currently at price: $1795

 

And suddenly I had to slow my jog to a walk, because the comparison between
bitcoin and dinar is crazy-similar.

 

(Don't worry, we will tie this to Dinar in just a minute!)

 

Take a look at this bitcoin chart, which will show you how the last year 
has went (about $480 up to $1800):

 

 

And since inception, where it was about $0.08:

 

 

THAT, my friends, is incredible, isn't it?

 

In fact, it's a 1,999,900% Increase... and the lopsters here say people are
foolish to think we could see a mere 1000% increase.

 

 

 

Let me give you a small hint about where I think we are with the Dinar:

 

 

If anyone wants to, you can scour the internet archives and find plenty 
of people who said "no way, Bitcoin is another flop waiting to happen! You'd
be FOOLISH to put your money in bitcoin!!"... and also a number of people 
who believed in the chances, and said so.

 

Basically, "lopsters and not-lopsters", of the Bitcoin world.  

 

Now... before anyone tries to "Ah-HA! Gotcha, Adam!" - I'm well aware 
that Bitcoin and IQD are not the same. You can't tell me what the M1 and
M2 or hyperfulctuation equalizer quotient is for Bitcoin, and most of the 
rest of your arguments are equally invalid.

 

My point is simply this... they said "it will never happen", "it's impossible",
and so on... yet here we are, with Bitcoin at $1800, almost over a 2 MILLION 
PERCENT increase.

 

Fun fact.... quote:

 

Quote

The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.

 

Source: https://en.wikipedia.org/wiki/History_of_bitcoin 

 

Is this that hard to understand?  I don't think so! 

 

The same thing goes for the Dinar, in my opinion - there is valid reason 
for it to be traded at a higher value, and it will get there. 

 

It didn't happen overnight. And the IQD certainly hasn't happened any 
quicker. But just like the Dinar, Bitcoin had it's own hurdles to jump. People
had to have confidence in it, or at least think other people did, before they 
would start pulling out their cold hard cash and investing in it...

 

... and now we have a snowball effect.

 

The more people believe in Bitcoin, the more real it gets. (Clap your hands,
anyone? This is real life Peter Pan stuff!)

 

The Dinar is the SAME. The CBI can announce a new rate tomorrow, and 
the financial markets are all going to look at each other and wait to see 
what the other does. As soon as one player accepts it, then another, then 
another... pretty quickly, the entire world is on board, and all the lopsters 
in the world can't "nay-say" the fact that I can take 1 Bitcoin out of my 
wallet and trade it for $1600 $1800USD... nor will they be able to naysay

us out of trading one IQD for whatever the price is at that time.

 

Sorry, I got a little long in the tooth there! What I'm trying to convey  
here is my renewed conviction that an RV rate of .10 STILL makes sense 
to me. I explained it in greater detail in the Cash In Guide (Cash In Guide - Iraqi Dinar - v1.6.pdf),

but the people who run the CBI aren't stupid. They surely know that when

they change the rate,

 

they are starting a snowball down a mountain.

 

Let's get rolling, baby!  

 

I have a more "news" based post planned for the near future, but for now... 

here's the weekly Q's:

 

 

Quote

jamiejo 1290  Hi everyone and as always thank you Adam for the truth.  My question is this. I read some much stuff that sometimes I get lost in the truth or is it just someones opinion.  Is there actual proof that lower denoms and coins have already been printed or are at least scheduled to be printed? It seems that after 10 years of holding dinar and reading allot that I and perhaps others just just don't know the truth anymore. Please fill me in...  I really want to be clear on this.
Thank You

 

I'm not sure what "actual proof" you might want, but I've seen and heard

enough to be confident that the answer is "Yes".

 

 

 

Quote

phlip  What will happen to the other major currencies when the CBI RV’s the IQD/USD exchange rate? The countries using the EUR, the GBP, the CHF, the JPY, and the CNY all have international corporations invested in Iraqi oil with contracts based on today’s exchange rates.
How will a radical upward IQD/USD RV (which effectively decreases the value of the USD against the IQD) affect the EUR/USD and the GBP/USD and the CHF/USD and the JPY/USD and the CNY/USD exchange rates?
Will these other major global currencies also be devalued and what in your opinion will that do to an already stressed global economy?

 

This is a great question, because it opens up the floor to discuss how an RV 

is really a zero-sum game, mostly because we are talking about a fiat currency.

 

When the FED prints more USD, we don't actually gain that money. It just dilutes

the dollar a little bit more.

 

IQD, and an RV of the currency, works the same way, just on a global scale.

 

My opinion is that almost every other currency will take a slight hit, and then 

rebound once the IQD rate stabilizes, and within about a month all currencies

will be back to normal... except the IQD will be dramatically different than it

was a month prior.

 

Great question!  

 

Quote

coorslite21  In 17 days we will see the start of Ramadan......May 26th.....this will run until June 24th and then generally they have the 3 day feast.  In the past you have mentioned that nothing much happens during Ramadan.  What are your thoughts on this for 2017?  
 Thanks

Same. Let's see how the next week plays out.   

 

Quote

RodandStaff  We all hope and pray your last trip ended well...and we hope some day "right quick" (no I still can't bring myself to say that revolting "S" word) ...we will hear some of the potentialities that come from all your hard work researching and travels! Bring it brother!!!   Are we gonna hear anything in VIP about your  latest trip? 
Come On RV Baby!!! 

 

Yes, yes, and yes.  

 

Quote

Synopsis  Hope you and all DV is doing well.
 
Last week we were about three feet from the high yield gold vein. Did the key players take a break like the Iraqi GOI does frequently and without prior notice or did the key players suddenly detect the gold within reach and put their gold fever to good use? About how many feet or inches are we away - can you tell?
 
I heard tell that we were watching the paint dry. Are we now watching the ink dry?
 
Appreciate all You and Your affiliates are doing! Best Regards!
 
Go Moola Nova!

I gave in today, and talked about "The Rate"... that's enough arm twisting

out of you!     

 

Quote

countryroads  Happy Wednesday Adam.
I have something that puzzles me about our buddies in Iraq. With the value of the Dinar so low against other currency, how many Dinars do the Iraqis have to spend just to get through 24 hours of business? It looks like it would take a car full of Dinars to have enough value to buy a pack of gum. Don't they care about the value of their own currency or don't they know what they are doing? My best guess is that they are living off of "Other People's Money" Just about everything about their financial activities puzzles me.
It just seems that it would take a large amount of Dinars to conduct a day' business. Just a thought while I wait for the miracle of the RV.  
Countryroads

 

Hey Country,

 

Well... two things. First, an RV isn't a "miracle". It would be a calculated financial 

move designed to benefit Iraq. Second, to really understand how they live on a 

"day to day" basis, you really have to visit a 3rd world country. Mexico, for example...

their peso is about 19:1 with the USD, so let's say a loaf of bread costs us $3... the

same loaf of bread should cost them $60MXN, right? 

 

Not necessarily.

 

The cost of labor is cheaper, they have less import/export regulations than us, they 

have less bureaucratic overhead in general, so the same loaf of bread might only be 

30 or 40 cents (US). (YES, our government puts THAT much of a strain on doing 

business, of any kind, in the good ol' US of A!!!)

 

Once you can grasp that concept, then you can forget about the "carload" of dinars

and start understanding the alternate universe (that's what it seems like sometimes!)

that they live and breathe.

 

Go a little further and start to understand how their financial world is tied to ours, 

via the global financial markets, trade, politics, etc... we don't need to worry about

carloads of dinar. That's just not the way it works.

 

And that's a good thing, at least for us waiting for a change in the rate of Dinar.

 

 

 

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

 

And on that note, I'm off like a wild herd of turtles! Work to do and people to see.

 

Have a great day everyone, and of course

 

GO RVVVVVVVV!!!!!!!

 

 

 

- Adam 

 

[davis411]

mmmmmm davis for president

 

thanks adam

u the best

thanks mods

lets get this wrapped up  asap

[precious1]

Thanks Adam!

[Linda]

Thank you!

[olivesman]

THANKS ADAM. 

I always did like turtles. 

[boomhand86]

Thanks Adam,  turtles are slow and steady. . And live longer lol

[soreback]

Thanks adam have a good week go rv

[umbertino]

Thanks Adam & staff for your continuous work...Once again it's appreciated

[Bigchclte]

Thanks Adam!

[Hearts]

Always so encouraging! Thanks Adam.

[Synopsis]

41 minutes ago, Adam Montana said:

 

Quote

Synopsis  Hope you and all DV is doing well.
 
Last week we were about three feet from the high yield gold vein. Did the key players take a break like the Iraqi GOI does frequently and without prior notice or did the key players suddenly detect the gold within reach and put their gold fever to good use? About how many feet or inches are we away - can you tell?
 
I heard tell that we were watching the paint dry. Are we now watching the ink dry?
 
Appreciate all You and Your affiliates are doing! Best Regards!
 
Go Moola Nova!

I gave in today, and talked about "The Rate"... that's enough arm twisting

out of you!     

 

Arm twisting? Hey, I thought we were arm wrestling???!!!         

 

The good news is You always have the Upper Hand!!!   

 

Thank You, Sir, for all You and Your affiliates are doing for us and for the Great Weekly Update!

 

Hope to see You All when we hit the pay dirt since everything then has all been dried!

 

Go Moola Nova!

 

 

Edited May 10, 2017 by Synopsis

[sharkbait]

Thanks yet again, Adam.  You always tend to light up my day!

[Freedomwish]

Daaaaaaaamn, I so wish I'd jumped into Bitcoin many moons ago when I was brought to my attention.....back to the bar later tonight.  Thanks

 

[bkeiller]

Cheers, Adam. Enjoying the ride! Educational, inspirational, and hopefully ...  'perspirational' when it all hits. I know, I will have a cold sweat hit me, if this all becomes Bitcoin real. Thanks for making this ride accessible and affordable to folks like me. Cheers!

[steveh12]

Thank You Mr. M!

[Wiljor]

Good afternoon Adam, your bitcoin analogy makes perfect sense and what we know is that the IQD is being forcefully held below its current/potential value. With that being said the IQD will increase in value as economic reform and growth begin to take shape. We can see that on a daily basis,  things are improving,  and as security/confidence are ensured amongst Iraqis (the liberation of Mosul) I truly believe we will see accelerated activity on all levels. 

 

Thanks for your level headed approach and keeping us grounded 

[Argyll]

Good news! Thank you as always, for all the info!

[NevadaSam]

Adam, thanks for the straight dope and not feeding us manure

[DinarThug]

1 hour ago, Adam Montana said:

then this one particular article came across my mental ticker-tape:

(courtesy @DinarThug in the VIP section   )

and I snorted with laughter:

 

https://goo.gl/9LZKT8 

 

CNN - If Something Happened It's News To Us !  

 

    

 

[boosterbglee]

Too bad I purchased Dinars instead of Bitcoin!  Someone one kick me....... thanks for making me feel bad Adam!  Just kidding!

[gregp]

Here's to hope!!  

 

Thanks!!  

[RodandStaff]

Sandfly Adam and your hard workin' Mods!  I like your analogy...and as far as Fiat currencies go it can go as high as folks put faith in it...and maybe more because unlike some unbacked currencies Iraq actually has the goods to pull it off!   

Come On RV Baby...lets let this horse ride outta the gate! !! 

Edited May 10, 2017 by RodandStaff

[nannab]

Thanks Adam Mods and news hounds ! 

[NAKS]

Soooo..RV of .10 (per adam above) means what for trade value of 1,000,000 dinar.....? Sorry I am confused....

[wzrdmastr]

Thank You Adam.  Aaaannndddd.....      Back to waiting!