Popular Post Adam Montana Posted April 8, 2019 Popular Post Report Share Posted April 8, 2019 Good evening DinarVets and all you beautiful members! (Same happy greeting to you ugly ones, as well ) If you’ve kept up with my recent posts, you know I’m excited about oil - see here, here, here, here… you get the idea. We finished the week still above $60 on the WTI charts... and still going strong. Even though DinarVets is the strongest and longest going community in the world related to the dinar, occasionally I am reminded that not everyone who reads my weekly updates has been here forever, and a lot of people count on me and this site to "fill in the blanks" while we're waiting. I appreciate the reminders! It gives me a good reason to step back and look at the big picture. And as much as the "wait" can be almost debilitating at times... ... this was never going to happen overnight. At least, not overnight on a night that was on the calendar in the past. When it happens, it will certainly look like an "overnight" event to the outsiders and those that missed the boat. BIG PICTURE TIME. There are a lot of moving parts here, but the biggest thing we're waiting on right now is the HCL. There are a bunch of articles and news related to HCL, and I'm even getting some very encouraging private messages from my contacts about the progress, but the bottom line right now is this: HCL has not been concluded at this time. Therefore we have no RV... ... yet. Yet, we have reason to keep hanging on, and if I may be so bold... we have a damn good reason for it. Iraq’s currency price is based on their ability to sell it to other countries, just like any other country with a tradable currency. Their ability to sell their currency is determined by what other countries will pay for it - this is the basic concept of supply and demand. Something is only worth what someone is willing to pay for it, no more and no less. In the currency exchange game, stronger demand for a currency will create a larger market, which pushes the price up. In order for Iraq to raise the "sell" price of their currency, they have to create a strong market for it. If they don't have a strong market, then we could never have a chance of an RV. That is not the case. We DO have a strong market. If Iraq wasn't making progress towards stability and strength, we would have no chance of an RV. That is also not the case. Iraq IS moving in the right direction. They are doing it by solidifying their government and stabilizing their perceived ability to provide a solid expectation of return on investment. That's really all this comes down to, after all. Iraq's ability to raise the value of their currency is based on the perceived ability to provide a solid expectation of return on investment. This is exactly why the value of the Dinar dropped to pennies on the dollar in such a short time when it did. When Iraq was invaded and their government toppled, the world (traders, experts, everyone) had reason to doubt that Iraq would be able to sustain the value of the dinar, and the value of the dinar dropped. End of story. Something extremely predictable happens when a stock or a currency or anything suddenly starts losing value... it causes panic. Herd mentality kicks in, and it sweeps like a tidal wave. People selling to avoid loss are willing to take losses to avoid bigger losses, and the avalanche builds momentum. Sometimes a stock or commodity will be annihilated, or sometimes it will just sink to a level that nobody believed was possible just months before. This happened to the Dinar. The same thing happens on the opposite side, of course. When people see something rising in value, they predictably want to catch that wave and the momentum will build the other way. People see other people making profits and want to join in, and again the herd mentality can push a stock or a currency or anything else that is being traded to levels that it shouldn't actually attain. Eventually the markets will stabilize, as they always do. In Iraq's case, this is exactly why I lean towards a pegged RV rate opposed to a complete free float on the market. It will be easier for them to control a major change if they also control the fluctuation, and they stand to make enough profits on an RV that they will be better served by taking the profits on a fixed spread rather than trying to "catch it at the top". A pegged rate, at least initially, will allow them to control and maintain a higher rate. They are doing all this with their actions in their government, and the price of oil going up at a steady and fairly predictable rate gives them the ability to create a solid path to higher profitability. End result? Everything we’re looking for! Fingers crossed for some HCL news (SOON), and when it happens I'll be sending out that message. GOOO RRRRVVVVV!!!!! - Adam 13 21 26 Quote Link to comment Share on other sites More sharing options...
olivesman Posted April 8, 2019 Report Share Posted April 8, 2019 THANK YOU! I am VERY encouraged. 3 Quote Link to comment Share on other sites More sharing options...
Wealth-Gap Posted April 8, 2019 Report Share Posted April 8, 2019 We are all waiting for that all important message! Thanks for the update. GOOOO RVVVVV!!!!!! 1 3 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted April 8, 2019 Report Share Posted April 8, 2019 Good morning Adam and DV!! Great to wake up to this. Adam, I do believe you think we are just about there. Thanks for the update. 4 Quote Link to comment Share on other sites More sharing options...
wait-n-see Posted April 8, 2019 Report Share Posted April 8, 2019 Thank you Adam for your "grounded" overview! 1 3 Quote Link to comment Share on other sites More sharing options...
ddl Posted April 8, 2019 Report Share Posted April 8, 2019 Really hoping things all fall into place soon. Really appreciate the updates from you, Adam, and the articles and input from all the dinar family! 1 3 Quote Link to comment Share on other sites More sharing options...
roseserv Posted April 8, 2019 Report Share Posted April 8, 2019 Thanks Adam! This was a nice wake-up message. Been patiently waiting since '05. Iraq is looking like it can handle it soon, we hope. 1 3 Quote Link to comment Share on other sites More sharing options...
Alembic86 Posted April 8, 2019 Report Share Posted April 8, 2019 Thanks for this encouraging and realistic update. I too believe we will get there...it never was going to be a "get-rich-quick" scheme and I knew that when I got in. But I too also believe that we will get to the finish line someday -- or my son will on my behalf. :-) Have a great week everyone! 1 1 2 Quote Link to comment Share on other sites More sharing options...
Thriver Posted April 8, 2019 Report Share Posted April 8, 2019 Thanks for the update Adam! Good to hear. Appreciate you and your staff!!! 4 Quote Link to comment Share on other sites More sharing options...
TexasGranny Posted April 8, 2019 Report Share Posted April 8, 2019 Okay - I know all of you read Adam's update but how many of you clicked on the last link he posted???? Quote Everything we’re looking for! Fingers crossed for some HCL news (SOON), and when it happens I'll be sending out that message. GOOO RRRRVVVVV!!!!! You are missing out if you don't click on it. 3 3 4 Quote Link to comment Share on other sites More sharing options...
rick55 Posted April 8, 2019 Report Share Posted April 8, 2019 Thanks Adam … and TexasGranny! I'm on vacation and have been a VIP for years … I probably check out DV 2 or 3 times a day. I've had this sort of prophetic feeling for some time that the dinar would RV when I was on vaca. Perhaps, this is the week! LOL GO RV!!!!! 1 1 1 2 Quote Link to comment Share on other sites More sharing options...
Russell M Posted April 8, 2019 Report Share Posted April 8, 2019 When I clicked it took me to a song saying I’ve been pumping you for years 1 1 4 1 Quote Link to comment Share on other sites More sharing options...
NeedRv Posted April 8, 2019 Report Share Posted April 8, 2019 Now every text I get for the next week or so I am going to be hoping to see Adams name instead of my wife.. LOL 1 4 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted April 8, 2019 Report Share Posted April 8, 2019 (edited) Iraqi Prime Minister to Visit Erbil: Report Basnews English 08/04/2019 - 16:34 Published in Kurdistan http://www.basnews.com/index.php/en/news/kurdistan/513182 ERBIL — The Prime Minister of Iraq, Adil Abdul-Mahdi, is expected to visit Kurdistan Region’s capital in the near future, according to a report. The premier enjoys a huge support from the leading Kurdish political parties who hope that under his leadership the Iraqi government will step towards a better formula of sharing power in Baghdad. Baghdad Today said in a report that Abdul-Mahdi will visit the Kurdistan Region to address the remaining disputes between Erbil and Baghdad. It did not mention a specific timeline for the possible visit. Former member of the Iraqi parliament, Shakhawan Abdullah, told BasNews that they have been expecting the prime minister to visit Erbil for a long time. He said Abdul-Mahdi is expected to discuss oil and military coordinations as well as closer ties between the central and regional governments. Edited April 8, 2019 by 6ly410 1 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted April 8, 2019 Report Share Posted April 8, 2019 (edited) Iraq is closing in on a major economic breakthrough thanks to the developments in relations with neighboring countries. https://www.thebaghdadpost.com/en/Story/38124/Rapprochement-with-KSA-to-serve-Iraqi-economy-MP Sunday, April 07, 2019, opened a branch of the Commercial Bank of Iraq in Saudi Arabia, for the first time that this move would facilitate the financing of projects and the process of trade with Iraq. Edited April 8, 2019 by 6ly410 2 1 3 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted April 8, 2019 Report Share Posted April 8, 2019 2 hours ago, Adam Montana said: In Iraq's case, this is exactly why I lean towards a pegged RV rate opposed to a complete free float on the market. It will be easier for them to control a major change if they also control the fluctuation, and they stand to make enough profits on an RV that they will be better served by taking the profits on a fixed spread rather than trying to "catch it at the top". Yo Snaperoni’s Float Theory May’ve Hitten Some Rocky Ground ! 8 1 Quote Link to comment Share on other sites More sharing options...
watchmedude Posted April 8, 2019 Report Share Posted April 8, 2019 Oil this morning is at 64.28 Thanks Adam waiting on the big text.I am ready 1 3 Quote Link to comment Share on other sites More sharing options...
patrick50 Posted April 8, 2019 Report Share Posted April 8, 2019 A big thanks adam and lets hope a say a few prayers we have solid HCL news soon!! 3 Quote Link to comment Share on other sites More sharing options...
Theseus Posted April 8, 2019 Report Share Posted April 8, 2019 Adam what say you on the 2016 SBA third review to which nothing has been said of since November 2017? Article IV Consulting is closely related but the SBA is about IMF loaning money to Iraq. Without a successful conclusion to the 2016 SBA, the HCL will be a long wait. With the delay in seating a full government, this delayed Iraq's agreement with the IMF. When Abadi was in office the news reports closely followed the SBA, like the Budget amendment passed late in the year, last year was directly related to the SBA and the IMF. 1 1 Quote Link to comment Share on other sites More sharing options...
balkanbob Posted April 8, 2019 Report Share Posted April 8, 2019 Thanks for the update. Got into this investment 10+ years now. My wife is still skeptical but I believe the RV is coming . When no one but Iraq knows. 1 5 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted April 8, 2019 Report Share Posted April 8, 2019 48 minutes ago, Russell M said: When I clicked it took me to a song saying I’ve been pumping you for years No, It Doesn’t Say That - But It Does Include Some Good Light Hearted Goofin’ On Some Of The Guru’s ! Message from Montana By Markinsa, 12 hours ago in Dinar Rumors Markinsa Saved By The Blood! Platinum VIP Posted 12 hours ago I accidentally found this on the Internet. I'm still waiting on that message (Make sure your sound is on): Message From Montana 3 hours ago, Adam Montana said: "On the internet" The rest of the story is this... one of our members here sent it to me and requested anonymity. I was struggling with how to get it shared to the group here without giving credit to the artist, and while I was trying to embed it into a hidden thread @Markinsa made me aware that it wasn't hidden as well as I thought My entire office got a kick out of it, I've been jamming to it since it landed in my inbox, and I hope you all enjoy it as well. Go RV!!!! Hopefully The Anonymous Member Who Made This Steps Forth To Receive Some Props ! 3 2 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted April 8, 2019 Report Share Posted April 8, 2019 Thxs for the down to earth post. I much prefer a post like this than one filled guesses. Have a great week. pp 1 2 Quote Link to comment Share on other sites More sharing options...
HUNCH Posted April 8, 2019 Report Share Posted April 8, 2019 I just listened to the message from Montana.lol. I can't wait for That message. 4 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted April 8, 2019 Report Share Posted April 8, 2019 Thanks Adam, I am really feeling good about where we are in our investment. Oh, thanks for posting on a Monday, I needed it. 8 Quote Link to comment Share on other sites More sharing options...
lmb4321 Posted April 8, 2019 Report Share Posted April 8, 2019 Thank you Adam and your team for the awesome update.......Let's finish this Iraq!!...Go HCL.... 1 3 Quote Link to comment Share on other sites More sharing options...
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