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By Adam Montana
I have a ton on my plate today so I'm going to get right to the weekly update... lucky for me, it's an easy one.
The writing on the wall is about as clear as it can be... follow along and enjoy!
This was posted in last week's chat, and BOY is it worth reading! ( to @6ly410 )
My comments in purple below:
Iraq news now
A Kurdish bloc reveals the fact that Baghdad and Erbil are close to signing a comprehensive oil agreement
News source / Baghdad today https://iraqakhbar.com/2805603 News source / Baghdad today Baghdad Today - Baghdad
Today, Monday, the Kurdistan Islamic Union bloc in the Iraqi parliament revealed the fact that Baghdad and Erbil are close to signing a comprehensive oil agreement.
- - - - - this is HCL.
Ahmed stated that "there is no specific time to resolve the differences between Baghdad and Erbil, but solutions must be expedited, so there is no time, especially since delaying solutions delays the completion of the 2021 budget law."
- - - - - Are we reading that they want the HCL to pass with or prior to the Budget? It sounds that way!
He added, "All differences can be resolved according to dialogue and constitutional frameworks, especially if there are personalities who have the will to solve and not deepen the disagreement."
Earlier, and in a different position, a former deputy from the Kurdistan Democratic Party revealed, on Monday (December 14, 2020), that a new agreement between the governments of Baghdad and Erbil on the delivery of oil and revenues from the ports would soon be announced.
"It is expected that the negotiation rounds will end soon,
- - - - - darn that word
... with the announcement of a new agreement that contributes to two basic points in organizing the delivery of customs resources, and determining the quantities of oil exported from the region," said the former deputy, Mohsen al-Saadoun, in a press interview.
He added, "negotiations are still ongoing between the Kurdish delegation, who is currently in the capital, Baghdad, and officials in the federal government in order to reach an agreement to zero in all the crises and controversial problems between the two parties."
Al-Saadoun explained that "the existing talks in Baghdad will determine whether to return to the previous oil agreement or conclude a new agreement that differs from its predecessors to solve the issue of customs salaries and revenues," noting that "the agreement will be included in the general budget law for next year."
- - - - There we have it, kids! 💥
He suggested the former deputy, for the Democrat, that "the two parties announce within the next two days their new agreement regarding the export of oil and the delivery of customs revenues to the federal government."
- - - - - This would be today.
... a member of the Kurdistan Democratic Party, Repin Salam, confirmed that the President of the Kurdistan region, Nechirvan Barzani, will visit Baghdad soon to sign a comprehensive oil agreement between the governments of Baghdad and Erbil.
Basically, everything we have been witnessing - the increased cooperation between parties.
Continued stability of the GOI.
Elevated confidence in Iraq from the PTB all over the world.
EVERYTHING we are seeing is pointing to HCL, a new Iraq, and an RV.
Don't count your chickens just yet, but this is getting REAL.
P.S. Get in the Powerball Pool - we have to win an RV or the lottery eventually!
Yesterday on a thread that was closed there were 2 individuals who were at odds about this dinar land adventure.
It has been interesting over many years, with many Guru's coming and going....and then coming again.
With the dates and rates.....
dates....ASN....(any second now)....to years off......???
the rates from 1 cent to 38 dollars.......so...blah....blah....blah
Where has there been consistency????
The answer follows:
Adam stated from the start that he was looking at 10 cents, and supported that with sound logic... now others are on that.........AM has said all along the HCL was the key piece to the puzzle......now others are on that.....he has been quietly consistent in his positions, unlike the others.
Now let's talk "cutting edge"......
Many years ago he has planning ways to maximize returns if this speculative investment should happen....
I doubt at that time he was aware of the many new regulations that were coming, including FATCA and the sorts.
He put his program together quietly and consistently. He created a very sound plan.
So go ahead and argue about this gooroo, that one, or the other ones......but
be happy for what you have found here.......cutting edge consistency with a balance of logic thrown in.....
Thanks for indulging me......life is too short for conflict over stuff like this.
By Adam Montana
Good morning Dinar Vets!
I'll keep this one short and sweet. We all know this is a rollercoaster, with severe ups and downs. Another thing roller coasters have is a few flat spots here and there, strategically placed to lull you into a false sense of security right before BAM! Another heart wrenching twist, maybe a splash of water and bright lights, then a dramatic climb to the top!
Without getting too dramatic... that's how I feel about the current week in Iraqi Dinar Not a lot happening, but I'm not fooled. Another jolt of excitement is just ahead, as always.
On a related note, anytime something big is happening in the US (elections, SOTU speech, etc) things always seem to calm down over there while they wait to see how things pan out. Again, I'm confident that we'll be seeing action again shortly.
I still feel that the HCL is vital to the success of an increased value in the Dinar, and they have been making steady progress - so I am hopeful to see more on that shortly.
In my opinion - none at all. With any major overhaul of the budget will come an equal overhaul of the budget.
I'm withholding comment on that one for the time being.
Unfortunately, the value of the dollar DOES affect everything and everyone in the entire financial world. I am sticking to my rate theory because it makes sense at almost any level other than a devalue of the USD proportionate to what Iraq faced... but that will never happen. The world simply won't let it, too many countries depend on the USD in too many ways to list.
Is it bad for us? Yes, of course. Everything involving higher debt, lower value of the USD, unpayable obligations... all of that is bad for us.
Nothing more than I've already stated... at this point, we are waiting to see what they throw at us next.
Because it can be better.
This is like asking "Why should I go to work when I already have a $100 bill?" Answer: Because you can do better.
*shaking my head lol*
I left my crystal ball in the VIP room.
Part 2 coming soon....
Testing the Rocker Badge!
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