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    • By Adam Montana
      Good morning DinarVets, happy Wednesday!
       
      If it feels like you just heard from me... the last update was just Sunday the 12th and it was a good one, judging from the commentary that followed!
       
      If you didn't catch it, the majority of it was a recap on my theory of what the Rate should/could be. I don't have much to add on that (yet), but what I AM doing today is wrapping up some changes to the RV Text Message service - you will see an official announcement on that soon.
       
      FYI - when the value of the Dinar changes (RV!), all members of DinarVets are going to get an email announcement. It will contain information on the rate and any other information that is available at that time. This email is free of charge to ALL members of DinarVets - if you're not a member yet, you can sign up for a free account here.
       
      DinarVets members can purchase a one-time text alert, which will alert you to check your email for the announcement I mentioned above.
       
      VIP members will get a text message alerting them to check their email. This service is included with VIP at no additional fee. 
       
      The current TEXT system is still working perfectly, but given the current situation... I felt it was time to revamp it and make DOUBLE sure that no texts would get lost. The "weakest link" in the text system is user input error, so we are going to add a "test" functionality to the system. :gasp: 
       
      VIP members, and anyone who has purchased the $9.99 text message service - you're going to get instructions on how to verify your phone number and receive ONE test text message. This will be free for you. If you want to change your phone number and test the new number, there will probably be a small fee to run the system and change the number - just to keep it from being abused.
       
      The email announcing that should go out by the end of next week. Again, and this is important(!!!) - the current system is still working perfectly. There is no need to worry! If the RV is announced tomorrow, the current system will send out the RV text to the number you entered, as it was entered.
       
      I'm also working through the "What to Expect and Do - Post RV" post for the VIP group. I'm hoping to release both of these items at the same time, with a surprise bonus for the VIP members.
       
      It should be no surprise that I'm revving up the engines on important things like this. We are seeing the most positive HCL news that we have seen in... well, ever - and I'm putting 100% into making sure all systems have green lights and double failsafes.
       
      If you're not in VIP - you should be. The choice is yours, of course! I'll keep doing the Weekly updates until the RV is announced, and then I'll be limiting myself to the VIP group.
       
      Best regards, everyone, and make it a great day!
       
      Go HCL.
      Go Iraq.
      GO RV!!!!!!!!
       
       
       
       
       
       
    • By Adam Montana
      Hey hey Happy Sundayyyy!!!
       
      There are so many things that I want to go over right now I barely know where to start!
       
      Perhaps "the basics" would be good. Or maybe the rate should be addressed. I'm also working through a "Post-RV - What To Expect And Do" article that will go in VIP this week. There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now!
       
      The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again.
       
      The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything.
       
      The current situation is entirely different than the situation that dropped the value of the Dinar.
       
      In fact, the current situation is entirely different than that of Iraq even 5 years ago!
       
      We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! 
       
      The next crucial step to this journey, and this is a fundamental part of it, is the HCL.
       
      "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low.
       
      Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now.
       
      The rate - let's address that, because it's important.
       
      One of the most frustrating things about this adventure is the math. You know the saying "where there is smoke, there is fire"? This applies to all of the rumors you hear from the "date and rate" gurus. Sometimes they are misguided, sometimes they are mistaken, sometimes they are just plain "full of it", but all of the noise - the smoke - begins from a place of reality, and that place is the very real opportunity we have here. 
       
      The value WILL go up. The question is, and always has been... How much, and when?
       
      Unfortunately, there is no way to know for sure. That's why this is called "speculation" instead of "guaranteed", just like "fishing" isn't called "catching". (We all know how many fish you catch if you never throw a line out!)
       
      What we CAN do is make reasonable guesses. We can form informed opinions. 
       
      I have an opinion... this was published a while back, and the theory part still holds true. I may be updating my thoughts on the rate soon, but everything else is still solid.
       

       
      ============ 
       
      There are plenty of theories on what the rate of the revalued Iraqi Dinar will be, and they honestly range from pennies to dollars… my friends, that is a HUGE difference in ROI if you hold several million Dinar! If the rate is several dollars, then your holdings could equal several million USD! If the rate is in the pennies, then your investment is potentially worth several tens of thousands of dollars… BIG swing there, right?
       
      I’m going to list a couple of speculated rates and the reasons behind them, then I’ll tell you what I think is most likely.
       
      Speculated rates and theories:
       
      Based on Kuwaiti Dinar.
       
      It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
       
      Based on "dropping the 0′s"
       
      It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things:
       
      1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost.
      2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. (If you don’t understand the “spread”, or you think there will be no spread, PLEASE read my free Cash In Guide. It’s located here)
       
      Based on “equal to the USD”
       
      We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
       
      Based on “they can’t RV low or investors will buy too much!”
       
      Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.)
       
      My Thoughts:
       
      Keep in mind that I’m trying to keep this as simple as possible. I am going to use hypothetical figures, and I’m going to make my point as quickly as possible… we all have better things to do than listen to me ramble on for days, right?
       
      I agree with a few of the speculations above. I think the Iraqi Dinar should have a higher value, and I think we are simply waiting on the HCL or Chapter 7(!!!) to be finalized… then it will be “GO” time! But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider.
       
      Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When Iraq is released from Chapter 7 and the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success!
       
      Did I mention profit?
       
      Yes indeed, friends!
       
      PROFIT.
       
      The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate.
       
      The CBI will ALWAYS choose the path that makes them the most money. Keep that in mind as we continue with this thesis! (*** click here for a detailed explanation on how the CBI auctions work)
       
      Let’s move forward a few steps and talk about a ReValued dinar. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually.
       
      When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges!
       
      I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so.
       
      Here’s why:
       
      An instantaneous RV to $3.00 will create a ton of wealth – coincidentally, probably about the same amount of wealth that they lost when Saddam Hussein was taken out of power and the value of the Iraqi Dinar plummeted to mere pennies! What’s done is done, though, and we have to look at the situation for what it is today – not what it could have been or should have been.
       
      When the Dinar rises in value and people are ready to “Cash In”, there is only one place that will ultimately buy the Dinar: The CBI.
       
      Since they control the rate and they are the top of the chain, they can set their spread (the fees they charge for cashing in your Dinar) to any rate they want. I’m of the opinion that they will jack that rate up as high as possible in the beginning… and who’s going to say no? The CBI has a monopoly on this market and it is theirs to do with as they please.
       
      A normal foreign currency exchange carries a “spread” of 2-6%. This means if you exchange $1000 worth of a foreign currency, you can expect to receive approximately $940 after the spread is taken out. Those numbers in the middle aren’t important, the only important thing is what you walk away with.
      Since the CBI has complete control on the spread, which trickles down through every single banking institution that handles the Dinar, we are at their mercy. Don’t miss this next line:
       
      If the CBI won’t buy your dinar, then you will not be able to cash in.
       
      Take a hypothetical rate of $3.
       
      The CBI can (and probably will) put a hefty spread their buy price – I’ve heard it will be at least 25% if they RV high. This means they will sell the Dinar for $3, but they will buy it for $2.25
       
      Personally, I’d be grateful and overjoyed to see a 25% spread on a $3 RV! Most likely, we will only see about $2.00 per Dinar at a $3 RV by the time it gets in our hands (every party involved will take a little chunk, unless you are physically able to go to the CBI. And you can’t do that. So, just accept it – you’re going to pay a spread.)
       
      Once again, the extra numbers aren’t important right now – the only number that’s important is the $3 and the $2.25, because that’s what the CBI is worried about.
       
      Let’s say there is a billion USD worth of Dinar out there right now, or 1 trillion IQD. The CBI pays $2.25 for every $3 worth of Dinar, then resells it the next day for $3. That’s a profit of $75 billion just on the spread. Not bad, right?
       
      The problem is it cost them 225 billion to do that… and that 225 billion goes right into the “debt” column.
       
      My friends, Iraq isn’t about to go into debt so we can get rich. Therefore, a $3 RV isn’t the answer, and we must look at another possibility.
      Take a hypothetical rate of $0.10 (ten cents)
       
      Again, using the same numbers we have 1 Trillion IQD that needs to be changed out to smaller denominations. The CBI announces the rate at ten cents and also announces that your large notes will be worthless in 90 days.
       
      Every investor would love to hold out for a higher rate, but in this situation you have no choice… you cash out. The CBI will likely use the same spread, so they will buy 1 trillion Dinar at a rate of .10, minus 25% spread, which gives us about $750 for every 10,000IQD note we have… and the CBI makes 250 million in the first 90 days at an expense of only 1 billion. This puts their debt on this transaction at only 750 million… a far cry from the 225 billion in the $3 RV!!!
       
      However, this is only the first step. Now I’ll show you how Iraq can easily wipe that debt out by ReValuing the Dinar at a lower rate initially, then making money as the Dinar increases in value over a relatively short period of time.
       
      What about all the other investors that will now come in to buy up the lower denomination notes, speculating that the Dinar will continue to rise?
      I completely agree that this will happen! And the CBI will continue to make money on it. In the above situation, the Dinar is being sold by the CBI at .10USD per 1IQD. After all of the large notes are brought in, it is reasonable to assume twice as much money will be poured back into Dinar by speculators, at .10. Now the CBI is able to sell 2 billion at 10 cents, and they can move the peg on the Dinar up a bit – say, to 15 cents. Investors will cash in for a profit, allowing the CBI to resell at the higher rate and once again make profit.
       
      Of course, not all investors will cash in at 15 cents. For the sake of argument, let’s say half of the investors sell out at that point. The CBI pays 0.1125USD per dinar (A profit of 12.5% for the investors!!!) and resells that billion for 15 cents – securing a profit of 375 million.
       
      The CBI’s “debt” on the original RV is now down to 375 million… do you see how this is working? The CBI is able to make up the “loss” on the original RV simply by continuing to hold auctions and allowing more and more people to profit on the increasing value.
       
      At this point, in our hypothetical situation of a 10 cent RV, the CBI has covered half of it’s loss with only one “repeg”. They can continue to profit all the way up to the final rate of $1, $2, $3, or higher – as long as investors are willing to buy the Dinar, they can keep moving it up.
       
      And the way things are going over there… why wouldn’t we keep buying? I know I plan on doing so!
       
      In conclusion, I want to caution everyone to be careful with this investment. As good as things look, we never know when some hairbrained Arab is going to pull the pin on a grenade or something silly like that. Only buy what you can afford to lose, and always consult a professional before making investment decisions.
       
      =========== // ============
       
      The above was written years ago, and it all holds true to this day.
       
      When I originally wrote the above thesis on the rate, we were waiting for Chapter 7 and the HCL.
       
      Chapter 7 is done.
       
      HCL is next.
       
      The RV will be shortly after that, or it will happen simultaneously.
       
      Either way... we are closing in on the final day.
       
       
       
      Go HCL, Go Iraq, 
       
      GO RRRRRVVVVVV!!!!!
       
      Happy Sunday, everyone!
       
      - Adam
       
    • By Adam Montana
      Good morning and Happy Wednesday!
       
      I'm keeping this one short due to lack of time this morning - I'm still barely getting caught up with (life) after an amazing holiday weekend. 
       
      Nobody lost any fingers (or other valuable appendages) at my house, despite our best attempts. Obviously that means we are getting good still lucky! 
       
      My next update will be sooner than next Wednesday, and the likelihood of it being PACKED with good stuff is high.
       
      HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place.   P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory.  
      We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! 
       
       
       
      Be sure to get in the Lotto Pool while you wait!
       
      Warmest regards, and brimming with excitement to do the next update,
       
       
       
      - Adam
       
      --- admin edit: ----
       
      Weekly update continued here.
    • By Adam Montana
      Good morning and HAPPY WEDNESDAY!
       
      These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster.
       
      The proof is coming daily, hourly... we are looking at an HCL move soon, and that's about all we need right now!
       
      The comments on my Weekly update last week reached 6 pages pretty quickly... here's one of the highlights:
       
       
      That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close!
       
      The new PM Kazzamie is operating efficiently and effectively. We are going to hear some detractions and criticisms, but he is doing a great job in my opinion.
       
      Oil is slightly down this morning, but the overall trend is stable and upwards, currently at $39.24. The IMF is predicting a continuation - I agree.
       
       
       

       
      As we move closer to a successful resolution and completion with HCL, we are going to start hearing a LOT from the "gurus". Some of them will be right, some will always be "full of it", but the closer we get... the louder it's going to seem.
       
      Stay calm, don't let emotions get the best of you, and hang tight... we are closing in.
       
      That's all I'm posting for this morning. 
       
      Go Iraq, go HCL, 
       
      GO RV!!!!!!!
       
       
       
      - Adam
       
    • By Adam Montana
      Good morning, good morning!
       
      This may end up being a "less is more" kind of post.
       
      Reason?
       
      HCL.
       
      I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL.
       
      @DinarThug, true to form, followed up with this. And this. ("The oil and gas law will be included in the upcoming sessions.") And this. And this! And this. And THIS!!! And... seriously, it just kept going. 
       
      There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited.
       
      This is not that time.
       
      We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event.
       
      I'm ready.
       

       
      === // This next part will be deleted tomorrow: // =====
       
       
      (deleted)
       
      === // The above will be removed tomorrow. You snooze... you lose! // ====
       
      Don't get me wrong... I'm pretty stoked about the stability of bitcoin (and the potential of quite a few other cryptos!), the markets are encouraging (hat tip  to @Pitcher for the great analysis every week!), and a mess of other stuff!
       
      There is just so much going on right now that smells like "HCL", like this and this and this and... it's almost overwhelming.
       
      You can bet the gurus are going to be going nuts here pretty soon.
       
      As a VIP member, you can ignore all of the hype and the nonsense you read or hear, and relax while you watch for my text and email with the official RV announcement.
       
      Hang on to your hats, friends... stay grounded, get in VIP, and enjoy the ride.
       
      Go Kazzammie. Go HCL.
       
      GO RV.
       
       
       
      - Adam
       
      P.S. Don't forget about the Weekly Powerball Pool!
       

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