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By Adam Montana
Good morning good morning good morning!
It's another beautiful day full of blessings and love, and also a short update.
In the news... not much. It's Ramadan.
Oil is still strong above $60. Remember I said months ago that $60 was the target? Target reached, stability is being proven on a daily basis, and that is perfect. Any huge spikes or drops would be bad. OIL is solid right now... even with some tensions in the Middle East. This is exactly what we want.
@bostonangler finally gives credit where it's due and recognizes Obama is still hurting the economy.
Bitcoin breaks $8000, and the other coins are following. XRP had a nice boost - are you getting all the crypto news you need? We have a section in VIP dedicated to cryptos, and there are profits to be made!
(One good trade with a tiny bit invested will more than pay for a Lifetime VIP membership... kind of a no-brainer, isn't it?)
Bitcoin, and cryptos in general, are high on my "watch list". The high of over 19k last year was a little premature, and the resulting decline in value was to be expected. The current price of $8000 is very justified, and we may be watching the last time it will ever be this cheap.
That's not to say that it won't fluctuate! Of course it will... but my opinion is that it will continue to trend up. I'm HODLing.
Before I head off this morning, be sure to enter the Lotto pool! You can't win if you don't play, you know!
And on that note, I'm going to go buy my own ticket to enter into the pool, and I'll be sure to tell the cashier to give me the winning numbers. Thank me later.
Happy Wednesday everyone! It's definitely Ramadan, but I'm still keeping an eye on things. The current situation is just too close to ignore the possibility that things can happen this year despite the normal holiday lull.
By Adam Montana
Tariffs on China. Pretty sure Trump said he would.
Iran mucking up the world news.
Despite the above, OIL (WTI) refuses to go below $60.
Uber going public... this should be interesting!
Bezos... to the moon! (Pretty sure that's going to be an upgrade from your normal Prime membership.)
Bitcoin refused to fall below $5000, in fact it topped $6000, Fidelity steps up again, and the SEC will give a major green light one of these days.
All that, and more!
Good morning everyone! My apologies for being absent a few days this last week. I had some personal matters to tend to, and they took me away from the updates I wanted to do.
Don't think for a minute I wasn't on top of things! I just wasn't able to get my regular posts here done.
Ramadan is officially under way, and for once in this wild ride... I'm very pleased to see how things are moving.
OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we're not even a week in and we are already seeing a difference.
Case in point... start here and read the next few articles.
Not only are Parliament meetings continuing as of tomorrow (Saturday), but we're finally talking about OIL!
OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now.
I say it's not surprising because even though it's Ramadan, the timing is right.
This time around, they may just surprise us.
By Adam Montana
Good Morning DinarVets!
It seems we are in an interesting situation right now. I've been watching the news shift directions slightly... not in an opposing way, just a shift.
In the past, we've had some key things happen around mid-year. Major items, like Chapter 7, for example.
The "shift" in the news that I'm seeing is - and I say this with a little bit of reservation, because I'm not substituting my intuition for an actual crystal ball - it is encouraging, in a way that may be signaling another big announcement in the middle of the year.
Are you in VIP yet? Join here.
I'm expecting a revaluation of the Iraqi Dinar to be preceded by a bit of silence... and we do have that right now. Don't get me wrong, we have a lot of encouraging articles to read right now, but the subtle shift in tone... It's hard to explain, but take a look at this comment and the posts that follow:
Things happen slowly in Iraq. We know this.
It was about 3 months ago when I posted that original link, and starting with the comment I just linked to, the discerning person can see how the articles are starting to focus on the higher level agreements.
This is the fine tuning, and the polishing.
That's what I'm seeing happening right now... and it's all coming full circle, about 3-6 months after the last big round of "regular" news.
This just happens to fall in place perfectly, if you ask me.
I'm on the fence about Ramadan this year - it might not be as quiet as it has been in the past.
I'm hoping to find some more clues, or get some "boots on the ground" feedback over the next couple days.
With that in mind, I'll be making another post to further explain my stance. Expect it Friday or Saturday, unless there's an RV announcement before then.
Make sure you're in VIP, either way!
That's it for this morning - more to come.
By Adam Montana
Good morning DV!
The sun is shining most places and it's a great day to be here!
No major updates on the dinar, but that's not discouraging in the least. If you check my last couple weekly updates, and then compare to the news posts over the last week, you'll see that we're simply tracking on a positive course.
All good stuff, my friends!
VIPs, there is a new post up for you in the VIP section:
I also sent out an email yesterday to all VIPs. If you're in VIP, and you did not see that email in your inbox, then it went to your spam or promotions or some other email destination... it's up to you to fix that! I can't control your email inbox, and we don't want you to miss important updates, so take a minute to ensure DinarVets emails are landing in your Primary inbox and you'll enjoy the peace of mind that comes along with that.
One last thing - in that VIP post, I mentioned an upcoming OSI post. After sleeping on it last night, I am going to save that post for during Ramadan.
That's it from me for today - let's use this thread for Q's from the members for my next update. The current news trend is really positive and I have a suspicion that I'll be doing more than one update next week.
By Adam Montana
Goooood morning DV!
This post will be a follow up to this week's earlier post... it's entirely possible that updates 2x per week are going to start happening, due to current events.
Before I get too far into that, one quick clarification - earlier this week I said PM Abadi was in Saudi Arabia on business. Obviously this was a mistake, as the current Prime Minister of Iraq is no longer Abadi.
Nonetheless! The actual PM of Iraq, Abdul Mahdi, was indeed in Saudi Arabia - and the resulting news is a bit of a present, if you ask me. (Speaking of presents - happy Easter, Passover, and all the other related holidays this time of year, whichever you do or don't observe!)
As I was getting ready to post this, a perfect article was posted. I'll link to it below - use your discerning intelligence to pick through the article and tell me if you see the same thing I do.
This situation is completely lopsided. The focus is heavily on Iraq, the benefits to Iraq, and not much else.
In what world is that a deal we expect to see from the Saudis... are they suddenly charitable people operating for the sole purpose of World Peace and charity?
I don't think so. Therefore, the equalization simply isn't being mentioned. I'll get into this more in a second, but first here is the article:
As I mentioned in my post earlier this week, Saudi Arabia is important to Iraq. Take a look at the map below - you'll see that Iraq has 3 major countries that border it, and only one actual connection to water.
Aside from that small bit of beach I circled below... Iraq is landlocked.
The two largest borders are Iran and Saudi Arabia. Both countries present opportunities for oil delivery... in order to sell their oil, they must deliver it. In order to deliver the oil, it must get to the sea, unless they are to limit their market to the 6 countries that border them... and why would other oil rich countries pay a premium to Iraq?
They would not, and will not. So it's in Iraq's best interest to have great relationships with it's neighbors, and it's important that the global market approves of these relationships.
Iran and Syria are questionable allies... but Saudi Arabia is a solid partner.
This is why I'm excited to see Iraq buddying up with Saudi Arabia, and it's even more exciting that it's not exactly clear what Saudi Arabia has to benefit at this time.
I think we all know, or can use our imaginations.
On that note, there is still a discount going - I'll leave it up for a little bit longer, but not too long!
Get in VIP now and save 33% - discount code "chipper", link here.
See you in there, and GO RV!!!!!!