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By Adam Montana
Happy Wednesday everyone,
I hope you’re all ready for the feasting, because tomorrow is turkey dayyyyy!!!! Let the tryptophan induced napping commence!
Also on the agenda for the coming days is “Black Friday”. Be sure to have the riot gear ready when you hit the mall, because those little old ladies will legitimately run your butt over with their shopping cart for the $2 savings on their coveted knitting kit. And kick you as they wheel by, if you happened to slow them down too much, because by God there are more things to throw in the cart!
Of course, we have to have a “deal” here on DinarVets for the Holiday. It wouldn’t be “Black Friday” without it, and you won't need your karate lessons or a bodyguard to take advantage or it.
I’ll jump right to the point - half off your Platinum Upgrade with "TURKEY1", 40% off any other VIP package with the code “TURKEY” at this link: https://goo.gl/D8Y74a
Regardless of when the Dinar moves in value, we continue trying our luck in the Lottery Pool. Here's this week's pool:
Maybe we will hit that one day and a couple dozen faithful participants will split a big pot, so I'll keep throwing my numbers in there when I remember to do so.
The difference between the Lotto Pool and the Dinar, however, is exactly what I just said... "luck".
I don't think the IQD RV is the same. There is no "luck" involved, unless you were just lucky to have heard about it before it happens. At some point, we're all going to look back on this and say "Hot DAMN did we get lucky!" - but it's not really luck.
Iraq still has a major portion of what is one of the most valuable commodities on the planet. Iraq has been torn down, beaten, and bruised... and then clawed it's way back to a very respectable place. If you're like me, you might be a little annoyed with the wait. But you also realize that the "wait" isn't unreasonable. It only seems like this has taken a long time because unrealistic expectations have been set by many, including some "gurus" that constantly jump the gun and make premature speculations.
Things happen in their own time, not on our time. The magic for us is when those two line up...
... and the signs are looking favorable.
Regading VIP, the basics are simple: Join VIP and when we have the RV in hand, you're going to get a guaranteed better return on your exchange. We have further opportunities to multiple that profit, and the BEST asset protection plans you can imagine. That's just the short description! VIP is something you won't regret - hop on in there with us.
I'm going to answer the weekly Q's and then get this Weekly update published.
If I didn't believe it would, I would have sold all mine.
That is not the case - I'm sitting tight, with my personal VIP Certificate and Dinar stash close at hand.
Iraq is moving in the right direction. It's a small question of timing right now. Pretty simple stuff.
What do I have to say about the opinion of your unnamed co-worker, who probably has no credentials or clue, and is talking anyway? Nothing.
But you may want to be careful how vocal you are about your personal involvement in this... when the RV is announced, I bet that same co-worker and a few dozen more will suddenly be your best friend(s).
Yes, there has been steady progress regarding everything related to HCL. We couldn't have a complete HCL before the pieces were in place, the GOI ready, etc.
Nobody will deny that Iraq has moved in the right direction.
At first glance, we're talking about OPEC (thank you for posting a link, that helps a lot when answering questions!), which has had a very light hand regarding Iraq.
I'm going to get this update posted, I will review that article in full a little later and respond back.
*** edit: The article seems to indicate that the US is ramping up oil production, which will lower prices globally. Iraq may need to adjust their Budget, and maybe the potential RV amount will be reflected in that. Let's say they were to RV at $1, but oil is 30% lower than the former anticipated price, then the RV could come in at .70 as well.
As far as timing of the RV, I see no concerns.
Happy Turkey day, everyone! Take advantage of that discount and I'll see you in the VIP section.
By Adam Montana
It's been a pretty interesting morning over here at DV headquarters, and there are a couple things I'd love to get your feedback on.
In fact, today's update is more of an invitation to discuss than anything else. There are some brilliant people in this community, and even if you're not one of them, please get involved!
There are going to be mentions of some stocks below, and these are not items that do or do not invest in (short/long/otherwise), but they play a role in the bigger picture and can be thought provoking, which lends insight to the future if you care to follow along.
One of these items is (of course) the immediate future of the Iraqi Dinar.
As the year draws to a close, there is a question of "Will this get done before the end of 2018 or is there a benefit to waiting until the start of 2019? Post your thoughts below on why they may want to pull the trigger before year end, or why they would be better served to wait till January 1 or after?
NOTE: If you are going to respond with nonsense like "We deserve an RV for Christmas" or "I don't think it will ever happen because I was bullied in school and it's scary outside of my crying closet", please just move on. Those are not legitimate or intelligent thoughts. Thanks
Next, and related, is US economy and oil prices in specific. Yesterday WTI posted it's lowest price of the year at 56.55, OPEC has been flirting with production cuts (which makes sense), and President Trump encouraged the opposite (not sure why yet). The DOW has taken a beating lately, but is up over 150 as I type this.
A couple of very interesting topics recently have been Tesla (TSLA) and Amazon (AMZN). Tesla is fun to watch if for nothing more than the fact that Elon Musk is a wild child and does whatever the hell he wants, by all traditional measures the company simply shouldn't even be in business, yet..
And Amazon is fun to watch because... who or what is going to stop THAT train?
Final topic of discussion for the morning, and the "meat" will be in the VIP section, but let's throw this out there anyway... crypto.
Last year there was a selloff, causing a dip, before Christmas. BTC has been extremely stable for some time now, but are we heading towards another dip? I'm about 3 weeks early on this particular dip, if it's going to happen again, so this is the perfect time to prepare.
Full discussion on that in the VIP section:
I have lots more on my mind right now, but I think those three(+) items will make a good starting point. Let the discussion begin!
Don't worry about the multiple posts bud it happens!
Regarding HCL - you have to give me a link if you want a response to a specific article. We do not currently have a completed HCL.
This topic is now open for discussion, as I posted above.
By Adam Montana
Morning morning morning!!!
Let’s hop right into it, shall we?
Yes, we shall!
In case you missed the last week of Iraqi news, here’s where we are:
Iraq, in a rare move that surprised many and left a lot of jaws on the ground, appointed a President (Barham Salih) and the newly anointed one promptly gave us a new Prime Minister, Adil Abdul Mahdi.
I know, I know… TWO accomplishments in one swift move? In the same week!? There’s a couple words we’ve been dying to hear… “swift” and “accomplishment”! Believe it or not, it happened, and we’re off to the races.
Before I go into my thoughts and analysis on the new landscape, let’s remember what this really comes down to… OIL. For us to profit off of a rise in value on the currency of Iraq, they must raise the exchange rate. This is a very simple concept - it is a simple matter of market manipulation and if it benefits them and is feasible - they will do it. When the value of IQD plummeted, that was at a time when there was no faith in Iraq’s ability to cover it’s debt. Iraq was a country torn by war, confusion, chaos… it had no leader, it had no way to act as a sovereign nation. Iraq was placed under Chapter 7 by the United Nations, rendered incapable of operating a full military, helpless and dependent on outside help. Without means of protecting themselves, they could not possibly take advantage of their natural resources. They did not have any strength, and they had to go the long road of rebuilding not only their country, but rebuilding the world’s confidence in their ability to buy back their currency and deliver on their contracts.
A revaluation of their currency was a long shot in 2008, but it was certainly possible. Now, in 2018, it’s much less of a long shot.
In fact, with the complete passage of the HCL, it’s almost a certainty.
Back to the present situation:
According to the Iraqi Constitution, the new PM has exactly 30 days from taking the role to seat/appoint/select the new GOI. For those of you new to the discussion, that means nothing… if it takes longer than 30 days, nobody is getting hanged, tarred and feathered, or anything else. I expect to see the job 80% done inside the “mandatory” 30 days…
… but that 80% is probably enough for the job we need done.
We’re looking at a very clear trend. We can trace this all the way back to former Prime Minister Abadi’s assumption of his role as former Prime Minister. He had heavy resistance, but with the support and backing of a (slight) majority of the PTB, he was able to take charge and for quite some time made impressive progress on many things that have propped up Iraq, making it a more stable country than it has been in many decades. Follow recent history over the last couple years, glance at the recent elections, then compare them to the elections that were held over 10 years ago when many Iraqi Dinar holders first heard that there was an opportunity for the Dinar to regain it’s former value… OH. WHAT. A. DIFFERENCE! The recent elections were held, they took their time sorting the votes, and there was no major drama or setbacks. A President was appointed, then a Prime Minister, and STILL no significant upsets or shocking news.
Do you see what this says about Iraq? It says that they have control of their systems. They didn’t have to call for help on anything. And that is EXACTLY what we want to see, what the world wants to see, in order to support a revaluation on their currency.
This brings us to the present moment, where PM Mahdi is tasked with the job of forming the government. A strong key to the future value of Iraqi Dinar is, as I mentioned earlier, OIL.
You know I like to save the good stuff for last!
Oh, did I mention that incoming Prime Minister Abdul Mahdi served as OIL MINISTER between 2014 and 2016? That’s right… and he was placed there under Abadi, back when it was Abadi’s job to form the GOI. Even before that, Mahdi was Finance Minister under Allawi back in 2004. This new Prime Minister may not be everyone’s favorite… but he has some very serious credentials, and I think he’s going to play very nice with all of the important people in this process.
New President, New PM, solid progress already happening.
These events are not random. The people leading the current charge were not pulled out of a hat. I mentioned in a recent update that I feel the “President” is mostly a figurehead, and that’s still my opinion. I’m not going to risk the wrath of President Salih… ah, screw it… he’s a sock puppet. Who am I kidding?!
Sorry everyone, I was getting off track and enjoying myself a little much there I’ll get back to the point.
This recent election is a ROARING success for Iraq.
We have a new President. That issue is settled.
The new President picked and named a uniquely qualified Prime Minister so fast that some members here have reported feeling the effects of whiplash.
Said new Prime Minister is already showing how capable he is by moving with impressive speed in forming their new government.
If this keeps up, we’re looking at progress like we’ve never seen before - the HCL is going to be upon us before we even realize it, and if you aren’t watching for that RV text from me, you might miss it!
With all this going on, you can bet I’m redoubling my work behind the scenes to be sure we’re ready for it. I don’t know when that text message will go out, but I’m ready at a moment’s notice… are you?
Our VIP group closes to new members IMMEDIATELY on announcement of a revaluation in the exchange rate of the Iraqi dinar.
You can join here: https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/
Just one question from the members this week, and it's a good one:
@Synopsis, that is indeed a doozie!
I'm glad you linked to the specific post that got you thinking about that. Reading the following articles, and then your post further down that page, is certainly thought provoking.
My opinion - there is some meat there. There are also several workarounds, so I won't settle on that being a key factor... but the thought of Shabibi being reintroduced as a key player doesn't turn me off at all!
It will be interesting to see if his name comes up in this critical 30 days we are wading through right now. Excellent post, and thanks for sharing your thoughts!
In the Crypto forum... is Bitcoin ready to bounce?
In the weekly lotto pool... I'm in, are you?
That's my "short" summary and thoughts for this morning. Leave your feedback and comments below.
By Adam Montana
Happy Wednesday and good morning!
Any day this side of the earthworms always has potential to be great, and today is an exceptional example... we have breaking news.
I'm going to give us two names to discuss this morning... Barham Salih and Abdul Mahdi.
For the last few months, we've been in a holding pattern. We know what's coming, and it has been obvious that progress was being made, but let's be honest... it was a lonnnnng, slowwwww couple months waiting for SOMETHING to pop.
As of yesterday, that slow moving train gave it's first puff of black smoke and the wheels made the first turn. The rust feel off of pieces that seemed to have been stuck motionless for eons, the tracks even groaned a little in protest as this giant piece of history began inching forward, and we have some actual news...
... Iraq has a new president.
Here's a name you'll be seeing more of: The new Iraqi President, Barham Salih.
What's more, and this happened lightning fast... President Barham Salih has named Abdul Mahdi as Prime Minister.
Before I get too far into this, let's note a couple of important things:
1. This is happening fast. If you're not in VIP when an RV is announced, you will never get in! Join VIP here and ensure you are set to receive the most important news first, regarding any tax implications, cash in procedures, and more. The doors will close immediately upon announcement of the RV!!!Don't put that off - the benefits are staggering. We are talking about $$$$(+!) in your pocket on cash in, not to mention all of the other benefits. Get in! https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/
2. This is happening fast! New Iraqi President Barham Salih had 15 days to name the new PM, but he did not wait. He did it immediately. There are obviously plans being set into motion, that were organized well in advance of this announcement.
This is breaking news at this time, so the situation is fluid... but this was a major milestone, and we're hearing the train start to chug.
CHOOOO CHOOOOOOOOOOO!!!!!!!!! Let's go, Iraq!
Couple questions from the members:
I don't see anything wrong with this pick. In fact, his immediate announcement of a choice in PM says a lot about how we can expect things to change.
This is possibly even better than Abadi remaining PM... the status quo is due for a shakeup, and a "fresh face" can certainly do that now.
Looking forward to the coming days!
I did not predict Abadi to be the next/new/continuing PM, although there was certainly a chance.
Regardless - I have a good feeling about the new guy. The coming days will be a strong indicator of how things will shape out.
This is big news, so I'll be monitoring the thread and checking in throughout the day(s). I don't normally respond to the follow up comments in the weekly updates, but this one is big enough to make an exception... leave your comments below.
P.S. The VIP entrance is here: https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/
Remember... you snooze, you lose!