Popular Post Adam Montana Posted September 5, 2018 Popular Post Report Share Posted September 5, 2018 Morning all! Couple items to note, and then we move on for the day because the short story is this: Iraq is still plodding through the formation of the new Government. Watching the GOI work could be described as similar to watching grass grow, although with the rain I’m getting right now… I think my lawn would win that race! Something to keep in mind, and this is a good thing - as slow as things seem to be moving, Iraq in general has made light years of progress compared to where they were a decade ago. Their processes are greatly improved. The debates are much more structured, not confused and uncertain as they were 5 or 10 years ago. There is an end in sight, so my point here is simple… don’t lose hope, be patient, and let things happen. Those items of note that I mentioned: We all know that “dates” aren’t worth a hill of beans in the world of IQD, but we do have the 15th/17th to look at: Getting back to the basics of what makes Iraq a solid candidate for ReValuation, don’t forget that they are RICH with Black Gold… OIL. The world runs on that stuff, Iraq has a ton of it, which means they have intrinsic value that cannot be denied. The CBI has announced that they are also adding to their “other” Gold, to the tune of an additional 6.5 tons. I’ll save you the trouble of doing the math… 6.5 tons = 208,000 ounces. Gold is about $1200 per ounce right now, so that’s a value of $249,600,000. (Obviously a little less due to wholesale value, but it’s a lot of money!) Not too shabby of a report for the day, and it shows increasing strength. Good stuff! While the GOI formation is dragging on, Abadi continues to be a positive factor. No matter who is “named” the next President, I think he will continue to be a driving force in the next phases of Iraq’s development and return to their former status. Make no mistake about this - Iraq suffered a huge setback with Saddam. They have had a long road to make it this far, and the next steps for them should be pretty apparent to anyone that isn’t a complete pessimist. Just a couple more notes and I’m out of here for now! You probably noticed some changes on the “look” of the forums here - these are not security issues, they are simply theme complications that are being worked through. The latest security updates on the forum software conflicted with a couple things like the ads that usually run on the site for non-VIP members, and security is more important than ad revenue, so everyone is currently getting an ad-free experience. For now Enjoy it while it lasts, then upgrade to VIP if the ads annoy you when they come back! I’ve seen my name mentioned in some threads regarding rubies (downvotes)... I’m not going to respond to those any more than I already have. A ruby on your post doesn’t affect your bank account or your love life, so just suck it up, buttercup. I didn’t get to check the Weekly Q’s, I’ll do that later… … in the meantime, don’t forget to join the weekly PowerBall Pool! Here’s the link: Talk to you all later, be patient, be positive and GOOO RRRR VVVVVVV!!!! 4 13 1 8 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted September 5, 2018 Report Share Posted September 5, 2018 Thanks Chief.... Tick Tock We're getting closer everyday!!! B/A 1 3 Quote Link to comment Share on other sites More sharing options...
1lucdog Posted September 5, 2018 Report Share Posted September 5, 2018 Always good to hear from you Adam...Now I understand why My elderly Mom Says she likes me to call more frequently even if it's just to say Hi ...😄 1 3 Quote Link to comment Share on other sites More sharing options...
umbertino Posted September 5, 2018 Report Share Posted September 5, 2018 Thanks Adam 1 Quote Link to comment Share on other sites More sharing options...
ddl Posted September 5, 2018 Report Share Posted September 5, 2018 Always appreciate your straight talk and your optimism about this eventually working out as a good investment. Thank you, Adam! 2 Quote Link to comment Share on other sites More sharing options...
umbertino Posted September 5, 2018 Report Share Posted September 5, 2018 (edited) 28 minutes ago, bostonangler said: Thanks Chief.... Tick Tock We're getting closer everyday!!! B/A Let's hope, B/A.......Tha magical word(s)..... SOON (VERY) Still optimistic Edited September 5, 2018 by umbertino 1 1 Quote Link to comment Share on other sites More sharing options...
WISKY291 Posted September 5, 2018 Report Share Posted September 5, 2018 Thanks Adam 2 Quote Link to comment Share on other sites More sharing options...
kgreen Posted September 5, 2018 Report Share Posted September 5, 2018 How do I change my email address for your notices of RV or anything else relevant? Thank you Quote Link to comment Share on other sites More sharing options...
BKD Posted September 5, 2018 Report Share Posted September 5, 2018 Thanks Adam, always positive news. 2 Quote Link to comment Share on other sites More sharing options...
RedRock44 Posted September 5, 2018 Report Share Posted September 5, 2018 Thank you Adam for the update, much appreciated!!👍 2 Quote Link to comment Share on other sites More sharing options...
fixxxer Posted September 5, 2018 Report Share Posted September 5, 2018 Thanks Adam! Go RV! 2 Quote Link to comment Share on other sites More sharing options...
psdon Posted September 5, 2018 Report Share Posted September 5, 2018 (edited) Thank you Adam and we see iqd go UP and UP GO RRR VVV It's now at 1 IQD = 0.000837862 USD Edited September 5, 2018 by psdon 4 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted September 5, 2018 Report Share Posted September 5, 2018 Good Morning and Thanks Adam! I'm here for the long run......even if I don't want too! 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted September 5, 2018 Report Share Posted September 5, 2018 Thanks Adam, will be on stand by. 3 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted September 5, 2018 Report Share Posted September 5, 2018 2 hours ago, Adam Montana said: Iraq in general has made light years of progress compared to where they were a decade ago. There is an end in sight, So Let’s Hurry It Up And Pass The HCL - So That We Can Finally Put This Thing To Bed ! What Day Is It ? 10 Quote Link to comment Share on other sites More sharing options...
Man_Kind Posted September 5, 2018 Report Share Posted September 5, 2018 13 minutes ago, DinarThug said: So Let’s Hurry It Up And Pass The HCL - So That We Can Finally Put This Thing To Bed ! What Day Is It ? Looks more fun then riding shot gun.............just saying See whatcha started DT ! 5 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 5, 2018 Report Share Posted September 5, 2018 Thank you for your report Adam. Even though we are moving at a snail’s pace in this investment, I’m being patient. 1 4 Quote Link to comment Share on other sites More sharing options...
tankdude Posted September 5, 2018 Report Share Posted September 5, 2018 2 hours ago, Adam Montana said: etting back to the basics of what makes Iraq a solid candidate for ReValuation, don’t forget that they are RICH with Black Gold… OIL. The world runs on that stuff, Iraq has a ton of it, which means they have intrinsic value that cannot be denied. The CBI has announced that they are also adding to their “other” Gold, to the tune of an additional 6.5 tons. I’ll save you the trouble of doing the math… 6.5 tons = 208,000 ounces. Gold is about $1200 per ounce right now, so that’s a value of $249,600,000. (Obviously a little less due to wholesale value, but it’s a lot of money!) Not too shabby of a report for the day, and it shows increasing strength. Good stuff! Hope Mr. Montana doesn't mind....but I'm going to redo the math because I believe he made some false assumptions - for the sake of keeping it simple. As we all know - I tend to not be so simple, but get "wrapped around the axle" at times - so with that, I will show my work. First - I would guess he is talking short tons. In other words, 2,000 pounds. I'm sure Mr. Montana in is math assumed the same we learned in school - 16 ounces per pound - but that's if this is based on the Avoirdupois measurements. These are used for coarse dry weights such as grain, flour, sugar, tea, etc., and are the units of weight you likely learned about in school. The standard weight measurements used for all precious metal products are Troy ounces and pounds. All legal tender silver, gold and platinum coins are struck according to these Troy weights. Troy weights are also called Apothecary weights, due to their use with medical drugs - 1 Troy Ounce = 31.1035 grams - 1 Avoirdupois Ounce = 28.3495 grams In other words, a 1 ounce silver coin is heavier than an ounce of tea. But wait - it's about to get a bit more confusing... - 1 Troy Pound = 12 Troy Ounces (373.242 grams) - 1 Avoirdupois Pound = 16 Avoirdupois Ounces (453.592 grams) In other words, a 1 Troy pound bag of silver coins is lighter than a pound bag of rice! Thus the famous riddle - which weighs more - a pound of feathers or a pound of gold? (In case you're hazy on that - it would be the pound of feathers....) https://www.govmint.com/coin-authority/post/troy-ounces-vs-avoirdupois-ounces/ So - with this information in hand lets redo the math. 1 ton (2,000 Troy pounds) =29,166.67 troy ounces (oz t) in gold X 6.5 = 189,583.33 troy ounces 189,583.33 oz t X $1,195.50 (current spot bid price) = $226,646,871.015 - which is a $ 20 million difference. Maybe not all that significant for a country, but it would sure make a difference in my pocket book! Today's lesson has been brought to you by the letter Zed and the number i - 1 6 2 Quote Link to comment Share on other sites More sharing options...
tjokie Posted September 5, 2018 Report Share Posted September 5, 2018 2 hours ago, kgreen said: How do I change my email address for your notices of RV or anything else relevant? Thank you Go to your profile page and change it. Let me know if you have any problems. 3 Quote Link to comment Share on other sites More sharing options...
FROSTYJACK Posted September 5, 2018 Report Share Posted September 5, 2018 12 minutes ago, tankdude said: Hope Mr. Montana doesn't mind....but I'm going to redo the math because I believe he made some false assumptions - for the sake of keeping it simple. As we all know - I tend to not be so simple, but get "wrapped around the axle" at times - so with that, I will show my work. First - I would guess he is talking short tons. In other words, 2,000 pounds. I'm sure Mr. Montana in is math assumed the same we learned in school - 16 ounces per pound - but that's if this is based on the Avoirdupois measurements. These are used for coarse dry weights such as grain, flour, sugar, tea, etc., and are the units of weight you likely learned about in school. The standard weight measurements used for all precious metal products are Troy ounces and pounds. All legal tender silver, gold and platinum coins are struck according to these Troy weights. Troy weights are also called Apothecary weights, due to their use with medical drugs - 1 Troy Ounce = 31.1035 grams - 1 Avoirdupois Ounce = 28.3495 grams In other words, a 1 ounce silver coin is heavier than an ounce of tea. But wait - it's about to get a bit more confusing... - 1 Troy Pound = 12 Troy Ounces (373.242 grams) - 1 Avoirdupois Pound = 16 Avoirdupois Ounces (453.592 grams) In other words, a 1 Troy pound bag of silver coins is lighter than a pound bag of rice! Thus the famous riddle - which weighs more - a pound of feathers or a pound of gold? (In case you're hazy on that - it would be the pound of feathers....) https://www.govmint.com/coin-authority/post/troy-ounces-vs-avoirdupois-ounces/ So - with this information in hand lets redo the math. 1 ton (2,000 Troy pounds) =29,166.67 troy ounces (oz t) in gold X 6.5 = 189,583.33 troy ounces 189,583.33 oz t X $1,195.50 (current spot bid price) = $226,646,871.015 - which is a $ 20 million difference. Maybe not all that significant for a country, but it would sure make a difference in my pocket book! Today's lesson has been brought to you by the letter Zed and the number i - Thank U thank dude for clearing that up. Maybe you can help me out with this equation. I bought my first dinar in 2004 every time one of the Gurus said the reevaluation is happening this weekend I would smoke a joint. There is approximately 30 joints to an American ounce of weed. There is approximately 25 joints to a Canadian ounce of weed. It may have something to do with the metric system or the fact that Canadians are just a little bit stingy with their weed. I don't know how many ounces that would have been and I am way too stoned to figure it out. So that being said. Uhh What was the question? 😎😎😎 1 2 8 1 Quote Link to comment Share on other sites More sharing options...
RodandStaff Posted September 5, 2018 Report Share Posted September 5, 2018 (edited) 29 minutes ago, tankdude said: So - with this information in hand lets redo the math. 1 ton (2,000 Troy pounds) =29,166.67 troy ounces (oz t) in gold X 6.5 = 189,583.33 troy ounces 189,583.33 oz t X $1,195.50 (current spot bid price) = $226,646,871.015 - which is a $ 20 million difference. Maybe not all that significant for a country, but it would sure make a difference in my pocket book! Today's lesson has been brought to you by the letter Zed and the number i - Bro....when does that brain of yours ever rest? 😳 Just keepin’ the Chief Cheese Head honest! Sandfly Sir Adam...no worries about the math...hopefully this RV thingy will be healthy enough we won’t have to worry too much about math after that! ...Except for the Rate Of Returns on our Crypto!!! Edited September 5, 2018 by RodandStaff 2 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted September 5, 2018 Report Share Posted September 5, 2018 1 hour ago, DinarThug said: So Let’s Hurry It Up And Pass The HCL - So That We Can Finally Put This Thing To Bed ! What Day Is It ? Man, that bed has action. 3 1 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 5, 2018 Report Share Posted September 5, 2018 Where can I go buy one Thug. 3 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted September 5, 2018 Report Share Posted September 5, 2018 3 hours ago, Adam Montana said: I’ve seen my name mentioned in some threads regarding rubies (downvotes)... I’m not going to respond to those any more than I already have. A ruby on your post doesn’t affect your bank account or your love life, so just suck it up, buttercup. Thank You for Your Fabulous As Usual Wednesday Posts AND All You And Your Affiliates Do For Us, Adam, AND The Best Of Your Week To You!!! (Hey, I like the “no mo whining” about it, either!!! THANK YOU, SIR!!!) Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET ‘ER BUCK!!!)!!! 2 Quote Link to comment Share on other sites More sharing options...
8th ID Posted September 5, 2018 Report Share Posted September 5, 2018 He called the liberals buttercups !! 2 7 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.