Popular Post Adam Montana Posted March 26, 2020 Popular Post Report Share Posted March 26, 2020 Happy Wednesday, all! The news, the news, the news! I don't have a specific topic to get into today, but I'm working on a couple of deeper posts. While I'm working through those, please feel free to give your feedback and ask your questions below. On to the weekly - first some general "big picture" world stuff, and then Iraq. DJIA, the 500, the 2000... One of my favorite parts of today's update is going to be the part that I'm not even doing (yes, I'm talking about @Pitchers recent contributions!) but the following should give some of us a little respite from the last week of holding our breath while watching the markets tank: Nice little upward tick there across the board. ↗️ No real uptick on OIL, but at the moment... the plunge seems to have hit bottom. BTC has stabilized a bit, giving a few more of us a breather. Did it hit bottom, or will today's difficulty adjustment spur another drop? And don't forget about the upcoming Halvening, ETA 14 May 2020. A snippet from thehalvening.com website: Quote WHAT IS THE IMPACT ON BITCOIN PRICE? As any freely traded asset, Bitcoin price depends solely on demand and supply. The evolution of bitcoins supply is hard coded and is known to everyone, so it all depends on the evolution of demand. Bitcoin being a very young currency with much room to grow in use and value, I would personally bet on a price increase. How much? When? It remains 100% unpredictable. One thing is certain though: at the time of Halving, the supply reduction will already be priced in the exchange rate, thanks to market anticipation. So don't expect a big price movement on Halving Day. Note that other examples of halvings are available for comparison. The first Bitcoin halving occurred on the 28th of November 2012. On that day the price went up +1.7%, a negligible move. However the preceding and following months showed continued growth and led to the famous early-2013 rally (from 13$ to 260$ in 4 months). More recently, the Litecoin, a Bitcoin clone, passed its first halving on August 25th, 2015. Two months before, a wild speculative rally took the price from 2$ to more than 8$, before crashing back to 3$. What is certain for this second Bitcoin halving is that similar wild, speculative, short-term rallies and crashes will occur. The interesting observation will be, on a larger time-scale, to see if the up-trend that Bitcoin price has been experiencing since its inception in 2009 will continue its path. GOLD - after a long, boring ride with no changes - at least something is reacting positively to all this market madness! There's a good article in the VIP section that may make you less eager to own something that you don't actually have control (physical) of. Coronavirus, while lowering crime rates in some cities, is still an issue. Stay away from people, wash your hands, let the thing run it's course. Don't be part of the problem, my friends! Thanks. US citizens may be a step closer to getting a check as part of a stimulus package. Bernie Sanders may have dropped out, or maybe not. Does it matter? Who knows, but the recent health pandemic has been a great test run! On to Iraq - up above I said "news news NEWS", right? I sure did... but, do you know what's not in those three words? IRAN. We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation. GOOOO RRRRVVVVV!!!! The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" But, @Mary B posted a good article yesterday regarding the World Bank on Iraq... here at DinarVets, we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together. ‼️ Another financial article was posted by @screwball regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere.... suddenly! Regardless of how or if a form of GCR occurs (it will), the topic ties into the post I published on Iraq's Auctions and Budget and how Iraq uses a banking/legal strategy to retain control of their funds, despite being on the hook for a lot of money. They use a completely legal strategy to handle their business, and it's very similar to something the wealthy have done for ages, and it's something YOU should be doing as well. Check this post in the VIP section. Just about done here, I know this Weekly is late today! I'm keeping an eye on this one: More to come! Be sure to get in the Weekly Lotto Pool - if you win and your numbers aren't in there, we can't share! So... get in. 7 14 1 2 6 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted March 26, 2020 Report Share Posted March 26, 2020 As always, thank you! We look forward to hearing more SOON! WH. 1 2 1 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted March 26, 2020 Report Share Posted March 26, 2020 Ready to roll Adam! 2 3 Quote Link to comment Share on other sites More sharing options...
Popular Post DinarThug Posted March 26, 2020 Popular Post Report Share Posted March 26, 2020 5 minutes ago, boosterbglee said: Ready to roll Adam! 1 27 1 Quote Link to comment Share on other sites More sharing options...
nfire Posted March 26, 2020 Report Share Posted March 26, 2020 Roll on 4 2 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 26, 2020 Report Share Posted March 26, 2020 (edited) Btw - Has Anybody Seen The Bro’s ? Edited March 26, 2020 by DinarThug 2 14 1 Quote Link to comment Share on other sites More sharing options...
peaksview Posted March 26, 2020 Report Share Posted March 26, 2020 Thanks Boss !!! 2 2 Quote Link to comment Share on other sites More sharing options...
nannab Posted March 26, 2020 Report Share Posted March 26, 2020 As always Adam 2 3 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted March 26, 2020 Report Share Posted March 26, 2020 6 minutes ago, DinarThug said: Btw - Has Anybody Seen The Bro’s ? Where the heck do you find this stuff!! OMG ..thanks for the chuckle...by the look of their bellies, after the body de -toxes they may find themselves in need..I don't think the straps of fabric on their shirts will cut it... 1 5 Quote Link to comment Share on other sites More sharing options...
psdon Posted March 26, 2020 Report Share Posted March 26, 2020 I see the beer 2 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted March 26, 2020 Report Share Posted March 26, 2020 Thank you Adam. We’ll get through this mess. My dog made me wear this deal for my own good. 1 12 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted March 26, 2020 Report Share Posted March 26, 2020 35 minutes ago, DinarThug said: Btw - Has Anybody Seen The Bro’s ? Haven’t seen the Bro Brothers but I’m not losing any socks these days. 2 8 Quote Link to comment Share on other sites More sharing options...
NevadaSam Posted March 26, 2020 Report Share Posted March 26, 2020 Thanks Adam for the updates and all you do Just remember to wash your hands....or else 9 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 26, 2020 Report Share Posted March 26, 2020 Thank you and God Bless you all..🙏🏻 1 1 2 Quote Link to comment Share on other sites More sharing options...
King Bean Posted March 26, 2020 Report Share Posted March 26, 2020 (edited) 1 hour ago, Adam Montana said: I'm keeping an eye on this one: Me too, boss. But it's soooooo hard these days !! Edited March 26, 2020 by King Bean 1 1 4 1 Quote Link to comment Share on other sites More sharing options...
FROSTYJACK Posted March 26, 2020 Report Share Posted March 26, 2020 Thanks Daddy. Quote Link to comment Share on other sites More sharing options...
fixxxer Posted March 26, 2020 Report Share Posted March 26, 2020 Thanks Adam! Suddenly!!! 1 1 Quote Link to comment Share on other sites More sharing options...
Goggles Posted March 26, 2020 Report Share Posted March 26, 2020 Thank you Adam and Teams!! 1 1 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted March 26, 2020 Report Share Posted March 26, 2020 Thanks Adam, we just our heads down and keep moving forward. 1 1 1 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted March 26, 2020 Report Share Posted March 26, 2020 The Dinar may not have revalued yet but...... 14 Quote Link to comment Share on other sites More sharing options...
TinBadge Posted March 26, 2020 Report Share Posted March 26, 2020 I moved my investments to the cash side, do you think at this point we should wait till after the quarterly reports come out next month to make anymore changes. Or do you think the market has stabilized enough. Just looking for an opinion! Thanks 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted March 26, 2020 Report Share Posted March 26, 2020 THANKS FOR THE DETAILED CHAT ADAM..! 1 1 Quote Link to comment Share on other sites More sharing options...
KristiD Posted March 26, 2020 Report Share Posted March 26, 2020 13 hours ago, Adam Montana said: Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation. Can someone post a link to this on wikipedia? Thanks 1 1 Quote Link to comment Share on other sites More sharing options...
King Bean Posted March 26, 2020 Report Share Posted March 26, 2020 3 minutes ago, KristiD said: something that is not written yet AM attempt at humor ?? Remember: he IS a Packer fan. LOL. 1 Quote Link to comment Share on other sites More sharing options...
Adam Montana Posted March 26, 2020 Author Report Share Posted March 26, 2020 30 minutes ago, King Bean said: AM attempt at humor ?? Remember: he IS a Packer fan. LOL. !!!!!!! 1 Quote Link to comment Share on other sites More sharing options...
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