Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
Adam Montana

Adam Montana Weekly - 20 July 2019

Recommended Posts

I DO NOT believe they can give ANY notice.

(GUT feeling)

I'm SO glad to hear from you, my friend.

:cigar:

 

  • Like 6
  • Thanks 1
  • Upvote 7

Share this post


Link to post
Share on other sites

Thank you For your post Adam.  Thank you for providing this site to learn, discuss, and banter about the Dinar.  Things appear to be moving very quickly to an announcement soon.  Haha.  I’ll be awaiting the news via your text.  

  • Thanks 7
  • Upvote 5

Share this post


Link to post
Share on other sites
59 minutes ago, Adam Montana said:

I’ve seen a few comments regarding the possibility, or even impossibility, of a change in the rate without the “next” budget in place. This seems to suggest that people think a budget must be released that accurately accounts for an increased exchange rate. 

 

This means Iraq would give the world a large notice that they intend to change the exchange rate before they actually do it... am I reading the comments wrong, or is that really a belief held by some of the members? If it is, I just want to understand your logic. 

 

:twothumbs: Thank You For Your Grounded Post As ALWAYS, Adam, AND The Very Best Of Your Weekend To You!!! :tiphat:

 

My opinion is there are multiple parts in AND out of Iraq critical to a sustainable transition for Iraq to be an INTERNATIONAL full fledged entity. IN Iraq, the 2019 budget allocations COULD BE a nightmare IF Iraq transitioned to an "open" "economy" INTERNATIONAL Bicraqi Iraqi Dinar AND the original Bicraqi Iraqi 2019 Budget Bicraqi Iraqi Dinar allocations were maintained. THIS alone would IMMEDIATELY drain the Bicraqi Iraqi CBI reserves AND short circuit EVERYTHING. The Bicraqi Iraqi 2019 Budget notes allocations INTERNALLY in Bicraqi Iraqi Dinar WHEREAS the "income" is noted in USD since the Bicraqi Iraqi are paid for THEIR Crude Oil in USD. So, a conversion COULD BE inferred IN the Supplemental Bicraqi Iraqi 2019 Budget AND is why is NOT for public viewing. Yet.

 

So, suspicious the Supplemental Bicraqi Iraqi 2019 Budget HAS NOT been made available. WHAT, pray tell, are THEY hiding???!!! IF hiding SOMETHING, I am surprised the leaky Bicraqi Iraqi media HAS NOT inferred SOMETHING.

 

So, we wait AND see.

 

I look forward to Your comments.

 

ALL in ALL, I REALLY think WE are close. WE just NEED ELI The ICE Man (:lmao:   :lmao:   :lmao:) to "induce" the WHOLE THING!!!

 

Well, OK, in an "inductance" mode, the Electro Motive Force (currency power) LEADS the amperage (volume of financial transactions)!!! Hence, ELI The ICE Man IN Ugly's Pocket Electrical Handbook Lingo!!!

 

:lmao:   :lmao:   :lmao:

 

Image result for ugly's electrical reference

 

In The Mean Time..................................................................................

 

The "Standard" "Disclaimer" Applies.....................................................

 

AND (of course)......................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

  • Thanks 1
  • Upvote 14
  • Downvote 2

Share this post


Link to post
Share on other sites

As with others I don't believe it will be announced in advance. Thanks Adam, look for your further comments next week.

  • Thanks 2
  • Upvote 1

Share this post


Link to post
Share on other sites
7 minutes ago, BKD said:

As with others I don't believe it will be announced in advance. Thanks Adam, look for your further comments next week.

 

thanks Adam, you've enlightened me a bit.....

Thanks for your perspective and

we wait...... anytime for an "incredible event!!"

  • Like 2
  • Upvote 3

Share this post


Link to post
Share on other sites

I’ve also been saying that there will be no warning. People think they’ll have some hint or clue with regards to budgets and numbers but nope, an event as historic as we are about to see, there’s no way. They’ll do or say anything to throw people off so they don’t run to the dinar vaults at the last minute.  

  • Like 1
  • Thanks 1
  • Upvote 4

Share this post


Link to post
Share on other sites
2 hours ago, olivesman said:

I DO NOT believe they can give ANY notice.

 

:o 

 

funny dogs lololol gif

 

:D  :D  :D 

  • Like 2
  • Haha 15

Share this post


Link to post
Share on other sites

I've always thought it would be no notice beforehand.  @Adam Montana, you said recently that information is coming to you now instead of you having to seek it out.  Do you think you will get a heads-up?  I remember you said that if you had foreknowledge,  you would (understandably) concentrate on prepping for VIP and OSI activites.  Thanks for all you do.

  • Upvote 7

Share this post


Link to post
Share on other sites
1 hour ago, GregHi said:

I don’t think the new rate would be indicated In a budget that is a few months or even a few days away from being approved. Once the RI/RV happens, it’s a very simple math formula to amend the existing budget quickly from that day forward or any day forward.. Let’s say you are the minister of education (see what I did there) lol and you are to receive a total of 1 Billion dinars under the existing rate for the year or any day moving forward.. if the new rate becomes roughly 1:1 then you would be due roughly 1 Million new Dinar for the year or any specific day moving forward under the new rate and you would also use the same math to subtract any funds you have already received for the year post rate change and use the old rate against any funds you received for the year prior to the rate change to see how much you have left to receive.  Even though it is a simple math formula, this is why Shabibi said it is best to do this at the start of the year or half way through it.. (less confusing) There is far to much of a risk to let more than 300 parliament members know ahead of time that the rate is totally different than to simply amend the rate change to everything economically and financial after the fact (including the national budget).. JMO. 

Totally agree. 

  • Upvote 7

Share this post


Link to post
Share on other sites
3 hours ago, Synopsis said:

 

:twothumbs: Thank You For Your Grounded Post As ALWAYS, Adam, AND The Very Best Of Your Weekend To You!!! :tiphat:

 

My opinion is there are multiple parts in AND out of Iraq critical to a sustainable transition for Iraq to be an INTERNATIONAL full fledged entity. IN Iraq, the 2019 budget allocations COULD BE a nightmare IF Iraq transitioned to an "open" "economy" INTERNATIONAL Bicraqi Iraqi Dinar AND the original Bicraqi Iraqi 2019 Budget Bicraqi Iraqi Dinar allocations were maintained. THIS alone would IMMEDIATELY drain the Bicraqi Iraqi CBI reserves AND short circuit EVERYTHING. The Bicraqi Iraqi 2019 Budget notes allocations INTERNALLY in Bicraqi Iraqi Dinar WHEREAS the "income" is noted in USD since the Bicraqi Iraqi are paid for THEIR Crude Oil in USD. So, a conversion COULD BE inferred IN the Supplemental Bicraqi Iraqi 2019 Budget AND is why is NOT for public viewing. Yet.

 

So, suspicious the Supplemental Bicraqi Iraqi 2019 Budget HAS NOT been made available. WHAT, pray tell, are THEY hiding???!!! IF hiding SOMETHING, I am surprised the leaky Bicraqi Iraqi media HAS NOT inferred SOMETHING.

 

So, we wait AND see.

 

I look forward to Your comments.

 

ALL in ALL, I REALLY think WE are close. WE just NEED ELI The ICE Man (:lmao:   :lmao:   :lmao:) to "induce" the WHOLE THING!!!

 

Well, OK, in an "inductance" mode, the Electro Motive Force (currency power) LEADS the amperage (volume of financial transactions)!!! Hence, ELI The ICE Man IN Ugly's Pocket Electrical Handbook Lingo!!!

 

:lmao:   :lmao:   :lmao:

 

Image result for ugly's electrical reference

 

In The Mean Time..................................................................................

 

The "Standard" "Disclaimer" Applies.....................................................

 

AND (of course)......................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

 

:twothumbs::bagofmoney:

 

:crossedfingers:

  • Thanks 2
  • Upvote 1

Share this post


Link to post
Share on other sites
3 hours ago, Synopsis said:

So, we wait AND see.

 

WOWZERS!!!

 

A Red Rubymeister Gave ME A Red Ruby Citation As A Badge Of Honor For ME For "Display Of Intellectual Speed And Power" For INTELLIGENTLY Responding To Adam's Request!!!

 

THANK YOU, THANK YOU, THANK YOU Red Rubymeister For THIS AND ALL The Other Red Ruby Citations As Badges Of Honor For ME For "Display Of Intellectual Speed And Power"!!!

 

:bravo:   :bravo:   :bravo:

 

Go MAGA!!!

 

Go True The United States Of America Patriot President Donald J Trump!!!

 

Go True The United States Of America Patriots!!!

 

Go Red Rubymeisters!!!

 

Go Moola Nova!

:pirateship:

  • Like 1
  • Thanks 1
  • Haha 1
  • Upvote 8
  • Downvote 4

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.



  • Similar Content

    • By Adam Montana
      Happy Friday all!
       
      I'm just going to give everyone a brief... briefing. 
       
      You know anytime the Gurus start harping on the "800" numbers, the news is slow. This time is no different... we've heard nada about anything HCL related in about a week.
       
      Bad news - we haven't heard anything HCL related.
       
      Good news - once we DO hear something about HCL, I think it's going to be an avalanche.
       

       
      That's it for the briefing! Told you it was going to be brief  
       
      Good vibes over in the "Go Iraq" thread  - I'd suggest hanging out with that crowd rather than the rest of the dinar rumors section, but that's just me.  
       
      Cryptocurrency is a topic of major interest to many of the members here... we have a dedicated section in the VIP area for it, but let's open this weekly update thread up for anything you want to say regarding crypto. BTC is currently at 10,400 ish, which is the current high for the day. Some pretty interesting news for crypto is on Baakt:
       
       
      Link: https://www.coindesk.com/bakkt-says-its-cleared-to-launch-bitcoin-futures-next-month
       
      Thoughts?
       

    • By Adam Montana
      Good day all! Today is Wednesday, 14th of August 2019.
       
      Last week we had some good comments - let's keep that going this week.
       
      We are at the end of Eid al-Adha, but that's not a holiday that brings business to a complete screeching halt like Ramadan. There is a lot of movement regarding the HCL, like the article below... I feel like handing out some awards this morning!
       
      Two trophies go to @DinarThug - one for the hilarious crypto related GIF, 
       
       
      ... and the next for a solid HCL related article:
       
       
      @Pitcher takes a medal for the solid GOLD post:
       
       
       
      This Iraqi dinar RV really looks like it's in the final stages, like the last swirling bits of something being poured through a funnel.  
       
      In your opinions, what's upcoming on the Iraqi RV schedule?
       
      Comment below and let's hear what the group has to say on important upcoming events... there aren't many left.
       
      GOOO RRRRVVVV!!!!
       
      - Adam
       
      P.S. If you subscribed to the brew's free newsletter, you'd already know about this salmon cannon... nothing makes my morning (check out the first response to that tweet) like some unnaturally flying fish!
       
    • By Adam Montana
      Good morning all!
       
      I have nothing to add to last week's update as far as my opinion goes.
       
      This thread has the most recent relevant news: 
       
       
      One thing to note: we have a short "official" break next week. We will see if that actually affects anything... with our current momentum, I doubt it will make a difference. 
       
      There is a handful of fairly meaningful posts in that thread above, and it's all recent... I highly recommend taking a look at it!
       
      Gold - hey hey! After yearrrrrrrs of flatlining, gold finally moved. Here's a good link. I know we have some diehard metalheads around here.
       
      In the crypto world - things are rocking and rolling there too! This was posted last Saturday in the VIP crypto section - leverage your crypto with this service. Pretty cool concept! https://www.coindesk.com/mastercard-co-brands-xrp-capital-backed-nexos-crypto-card
       
      So... what are your thoughts on dinar this week? How about precious metals, are we poised for a bull run? And don't forget the cryptosphere! BTC is at $11,772 as I write this... not too shabby!
       
      Comments go below.
       
      GOOOOO RRRRVVVVVV!!!!
       
       
       
      - Adam
    • By Adam Montana
      Good evening everyone!
       
      It is currently Thursday, 1st of August 2019.
       
      I started this yesterday and had a crash on my computer... by the time I got it sorted out, I realized I wanted to go a completely different direction with the update.
       
      Then I got swamped with *life* and before I knew it, BAM! A whole day had gone by... I'll just get to the MEAT of it!
       
      There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII, August 2, Tiers of Tiers liquidating or being liquid or spilling liquid or... 
       
      The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once.
       
      Except for that garbage about "tiers" being "liquid"... but if the Gurus were getting it ALL right, we'd be in a pretty scary time!
       
      The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore.
       
      We all know I can't predict the date or the rate, so I won't try... but I'll say this again:
       
      It's too hot to ignore right now. Sure hope you're in VIP!
       
      The following thread is about to be locked due to exceeding the bajillion post limit... blame @Synopsis and posts like this:
       
       
      Whether you're in VIP or not, now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens!
       
      1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.)
      2. NOBODY IS CASHING IN EARLY! I'll send an email to every member of DinarVets, and a text message to VIP members. VIP members will also get extra instructions, to actually get the best rates and the wisest next steps. VIP IS MONEY WELL SPENT.
      3. You WILL pay taxes... or face the consequences. If you want to pay the least amount legally possible... I have three letters for you: V. I. P.
      4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. I'll inform the VIP members on all of this. 
      5. DinarVets will remain online, but it may be largely unmoderated... there's a chance that all topics will become "Read Only" while I'm busy working with the VIP members during the first couple weeks. You're going to be tempted to go elsewhere for information... you'll wish you were in VIP, with access to the VIP resources. I'll post as much information as I can, to help the general public, but I won't be able to take my time to monitor or post updates for those that didn't support the site pre-RV. BE CAREFUL OUT THERE.
       
      There's more, as always... there is always more. There is very little chance that you will need to cash in immediately, and a very big chance that some guru will be saying you need to. Just be sure to keep a cool head when this goes down.
       
      I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time.
       
      GOOOO RRRVVVV!!!
       

       
       
       
       
    • By Adam Montana
      Good morning good morning and happy 24th of July!
       
      I posed a question last week, regarding the budget and how "necessary" it is to change the value on the currency.
       
      Follow up... let's say the Department of Lawn Fertilization has 1 million IQD allocated to it. That's approximately $1000 (USD). 
       
      With an RV of 1:1 with the US dollar, the Lawn Fertilization Department now has 1 million USD, which is probably overfunded at that rate and wouldn't make sense, right?
       
      I see this playing out one of two ways, and only one really stands a chance...
       
      1. The previous budget stands, leaving a majority of departments overfunded to the point they have a surplus for many years.
       
      2. Immediately following the announcement of the rate change, a decree is issued stating that the previous US Dollar amount allocated to the Departments is still being used, and Parliament gets to work with a different mindset on the next budget.
       
      Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world.
       
      Iraq has, in the past, operated on budgets and status befitting their actual situation - that situation being one of the wealthiest nations in the world.
       
      This is such a basic and fundamental concept that it doesn't even need to be explained in detail. The natural question most of us have at that point is something like this: "When the rate changes, how is the Department of Lawn Fertilization (and every other Department) going to be happy with $1000 while there's obviously more money available? Won't this cause immediate civil unrest, throwing the country into chaos again, and immediately devalue the dinar again?"
       
      That would indeed be a problem!
       
      There's an easy solution: All Departments get an immediate credit, or "loan", equal to their portion of the budget X the RV rate. If it's a 10X RV, then the Lawn Fertilization gets access to 10X their original budgeted amount, to be reconciled and adjusted prior to the next Budget.
       
      The list of Departments that need to be accounted for is not so long that this would cause any problems. 
       
      The Departments having access to a greater amount will curb excess spending and abuse... the Department of Lawn Fertilization may not need 10X, so as they utilize their "credit", a cap can be applied to individual Departments throughout the remainder of the budget year.
       
      The People who hold physical Dinar simply benefit by the increase in value, just like we will.
       
      A new printed currency comes out within weeks or even days of the rate change, and we're all aware that the new notes are ready to be printed, if not already printed and being held for distribution.
       
      Iraq is currently in the final stages of preparation to return to their previous status in the world. They are not a country that has been in poverty for centuries... the are barely over a decade into their current situation. They have had a short setback in their financial situation, but at their core they are a rich country and this is not a huge mental shift for them to return to prosperity.
       
      The budget, in my opinion, is not something that will hold them back. A few strokes of the pen and some clicks of a mouse and the Budget is adjusted... bada boom, bada bing. Easy peasy lemon squeezy, no matter how they decide to handle it.
       
      It's not a complicated path.
       
       
       
      @presence made a fantastic post in last week's thread - I think it's worth repeating:
       
      "Theres been tremendous progress since the elimination of the  dasholes (despite the lack of elimination of a former PM.). SWIFT codes and.KPMG werent even a thiught a decade ago, nor was president Trump. I mention the latter because a proper 'deal' could and would eliminate the entire US debt - which is possible mathematically and would be structurally sound.
       
      I find it interesting that Trump.made a relevant reference in the news this week; while referring to the fact that the Iranian fiasco setup by Obama (Aka Valerie Jared) was only supposed to be 5 years in duration, he stated that agreements should be much longer when working with countries- in excess of 50 years in length. I recall reading an article prior to his election in which he said we should just take the oil from Iraq for what we've done for them; I'm sure Iraq and all other nations involved would agree that a lengthy deal.would be and is preferable.
       
      Recent events (just to name a few) such as the recent visit - and followup meeting just yesterday- of KRG with Baghdad, public comments regarding the completion of article 140,  Mahdi's visit to the White House on or about the 15th of July, the yet to be released statement and conclusion by the IMF (I'm pretty sure we would've heard something by now if their summation was negative), the stability and strength of the IQD's market rate and a sustained fluctuation of less than 2%,  stability and duration of the current price of oil, the development of digital technology and the coordination between NASD.and the Iraqi stock exchange, the recent "Fire Drill" at the IQD,  continued unrest and public demonstrations by the Iraqi citizens - all point in the direction that a positive change in rate of the IQD is coming - this year (I personally won't be surprised if it comes by Aug. 2nd.) 
       
      The most encouraging thing I left out are previous comments from the CBI that state a change in rate was supposed to have aleeady happened -years ago- and that it didn't due to problems in Iraq that have since been resolved- which further proves the current state of stability and security in Iraq.
       
      Go RV!!!"
       
      I don't know how much more I can add to that! Nice post, @presence 
       
      One more thought before I wrap this up - a lot of our news threads here have exceeded thousands of posts. Those threads will be locked (mods, please help me out here) in an effort to bring the most current news to the attention of those of us interested in reading. If you see a locked thread in the news sections, this does not mean we don't want to continue the conversation! It just means it's time to start a new thread on the topic.
       
      Have a fantastic day, everyone!
       
      GOOOOO RRRRVVVVVVV!!!!
       
      - Adam
       
       
       
       
       
  • Popular Now

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.