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By Adam Montana
Good afternoon DinarVets, and welcome to the weekly!
I love days like today, where I can just hop right into the MEAT.
As much as we all hate "I told you so's", here are a couple. Headlines from the past couple days include:
1. BREXIT. When this was first brought up in 2016, I voiced my opinion that it wouldn't be successful and not to worry about it. As of this morning, it looks like the whole thing was a huge waste of time and is going nowhere... time will tell, but I could have told you that as well.
2. Did you catch my update last week? One of my talking points was oil, the price per barrel, and Iraq's sneaky but convenient exception to the ongoing limitations on production by OPEC members. Just look at these headlines...
"Could Oil Prices Rise By $25 Per Barrel In 2019?"
"Kuwait National: $ 65 Brent crude average during 2019 and 2020 "
" Oil Markets Could See Deficit In 2019 The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch."
(the word "deficit" is a good thing here )
"Heavy Crude: From Glut To Shortage
- Jan 15, 2019, 5:00 PM CST"
("Shortage" is another good word for us right now)
" Oil rises with hopes of a better market under OPEC-led cuts "
... and so on.
Here's the thing, folks... this is the situation that Iraq wants. This writing is on the wall, in the headlines, and it's heading towards RV time.
Iraq can read the headlines just as well as we can, so for now we just hang on tight.
Oil is at $52.18 right now, and for scientific discussion purposes, I have painstakingly explained below what I'd like to see happen in this market:
What more can I say at this point? 2019 is cruising along nicely for us, and as long as you're in VIP with me... you're ready just like me and a boatload of other DV members!
Here's the weekly Q's:
Possibly. Our VIP options in Mexico seem to change on a daily basis, and I keep an updated database of what is safe, reliable, and viable. If I say "yes" today, it could be "no" next week, so I won't give a commitment on that question until the time is here.
In a roundabout way it does, because global events always have some impact.... so, yes. But it doesn't merit any concern for us at this time.
I am midway through writing a post on exactly that topic. I'll wrap it up soon and send out an email.
For now, my simple answer - I don't think it's likely that they will take the first approach. More on that later.
That'll do it for now! Hang on tight everyone, when the nuts and bolts of my picture above come into play, it looks like we're ready for blast off.
By Adam Montana
Happy Wednesday and HAPPY NEW YEAR!
I hope everyone’s holiday season was remarkable and amazing, and now we’re launching into 2019.
What should we expect? That’s always the question, and I think this year is going to prove different than the last. I have a few reasons that I’ll be outlining in short order, but as always I will not be handing out rumor based opinions or making predictions. Iraq is going to do what Iraq wants to do, when they want to do it.
So, here’s to an exciting 2019!
It shouldn’t come as a surprise that the tail end of 2018 didn’t bring us an RV. Iraq operates on a global scale, so things that happen around the world do have an influence on them. 2018 was the worst year in the stock market since 2008. More importantly, US crude posted it’s first loss since 2015. Those are not specifically Iraq’s losses, of course, but lower oil prices affect ALL oil markets.
Case in point:
Combine that with a general lack of news regarding the HCL and we have an obvious situation where they would not pull the trigger. We'd all like to think that Iraq can pull off an RV with lower oil prices, but the current market needs to change for Iraq and everyone else to be confident.
It will happen, of course. But this doesn't look like the week for it.
Not that I'm discouraged at all! The current market is a temporary thing. Nothing negative has happened to scare us from the future of this venture. And I don't think anything has changed to make Iraq no longer want to regain their former position of power and influence.
It will happen. The question is only "when"?
A bullet point list is a good idea. I'll put that on my list.
If anyone else wants to contribute while I'm getting mine together - feel free! That's one of the best parts of this community.
I haven't seen anything specific - have you?
The President being friendly with Iraq certainly isn't a bad thing!
1. I don't have my translator, so I'm not sure. (Google translate shows me it's the "cancelation of uncles" )
3. When is it not!?
Cheers, @peace1221! Same here
Any real chance - absolutely! But I think it will be delayed until there is a solid swing in the oil market.
My New Year was amazing, thank you my friend! I hope yours was as well
Blockchain should continue to strengthen in use and acceptance. It should follow suit that prices will rise accordingly.
Fingers crossed there, because it sure would be nice to get back into making good money on cryptos!
Ahh, buddy, I don't think we're seeing anything to worry about.
A change from 1166 to 1190 is miniscule and barely worth noting. Many of your other points are actually positive!
I think we are going in a good direction.
That's all for me at the moment, everyone!
May 2019 bring us all love, luck, and good fortune.
Oh! Don't forget the powerball pool!
By Adam Montana
Gooooood morning all!
As we creep up on the Christmas holiday and New Years, I want to take a quick second to wish you all a MERRY CHRISTMAS (or whatever you celebrate!), and also a Happy New Year!
You'll be hearing from me a couple times between now and 2019, and I'm excited for the new year to roll in!
At the moment there is a distinct lack of news regarding HCL. I believe there is a good reason for this - and it's good for our 2019 outlook. Many many things are being taken care of, stamped, passed, and resolved right now. Things that are essential for forward progress.
But, the fact remains... that pesky and elusive HCL is simply not on the table right now.
As soon as we see word about it, then we can get excited! For now... patience is a virtue, and we have plenty.
Don't get me wrong here! They aren't sleeping on the job - check out this thread that started back in 2017, and seems to be gaining steam:
Next, a quick announcement before I get to the Weekly Q's: There will be an opportunity to save some money on VIP before Christmas. Use it to give the gift of VIP to a loved one or for yourself! I'll send out information later this week. It will be a limited offering, so don't delay when it hits your inbox!
Fingers crossed for some HCL news soon, but in the meantime... lots of love for you all, and be sure to hug your loved ones.
This wikipedia page should help you there.
Iraq has long been a sovereign nation, but they lost some freedoms in 2003 with the overthrow of Saddam. Their currency plummeted in value, they had to travel a very long road to get where they are today.
Chapter 7 was lifted in 2013, which marked a major milestone for them regaining their position in the world. Since then, they have established a very balanced and stable government and worked their way to the point we are currently at - in position to implement the new Hydro Carbon Law, which will likely trigger a change in the value their currency is traded at.
Good stuff, right?!
I think the main difference would be the players involved - Chapter 7 was an outside decision. They were at the mercy of the UN(etc) on that one.
HCL is not that way - this is an internal decision. The HCL is done when Iraq says it is done, and no outside influences can stop them.
Appreciate the praise on your service here! We work hard to provide 5 star quality and it's nice to hear it when we hit that mark. Lord knows you can't make everyone happy, but we sure do try.
GOI formation is proceeding very good IMO. Everyone should keep in mind that Iraq will never have a fully seated government with absolutely 0 contested seats. We are talking about a society that operates very different than anywhere outside the Middle East.
80% good is about as good as it will ever get, and we are pretty much there.
Check out the last page of this thread (currently page 40):
I'll take it!!!!
That's it for this post. Be sure to get in our weekly Powerball Pool!
Merry Christmas, Happy whatever else you may celebrate, and of course, GOOO RRRVVVVVV!!!!
By Adam Montana
I know, I know... I completely missed my deadline. Lots of them, actually. Just assume I'm in training to be the next PM for Iraq
Sorry to leave you all hanging, and happy to report that I am indeed still alive.
Thursday is the new Wednesday
Holding pattern on HCL. This is going to break soon. I'm watching it like a hawk and can't WAIT for this to turn!
It is going to be in our favor. I'm betting big on this. YMMV
Not interested in taking the heat of that job, noooooooo sir! But I am very interested in watching things shake out from here!
Probably a couple years before the Pack is a Superbowl team again, and hopefully we still have #12 by then, but... time will tell.
Also see above. We are getting close.
That's all I'm going to leave here for now... more on the way, but until we get some breaking news, I won't be promising any deadlines.
Stay grounded, friends!
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.