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Adam Montana

Adam Montana Weekly 20 (21) May 2020

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1 minute ago, fancy said:

I'm first!!!  Haha Thanks Adam you're the BEST!

HAHA...you beat me this time....

Thanks Adam for update

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I'm ready for the afterparty!  When does it start?  I think Adam is about to tell us it starts SOON!

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As long as I am not on the clean up detail. This looks the making of a dump truck load. 

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Thanks Adam, we don't mind the wait - we know it'll be good when you post your chat.

:twothumbs: Ron

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58 minutes ago, fancy said:

I'm first!!!  Haha Thanks Adam you're the BEST!

😒

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I hope I haven’t missed the chance, but you sent a message a while back about VIP/OSI payment for I think it was maintaining name rsvp... is it too late and if not, how do I make the payment?

 

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:twothumbs:  Adam see you soon  :D

Count me in and we hire a cleanup crew!!!!!

20 minutes ago, ChuckFinley said:

As long as I am not on the clean up detail. This looks the making of a dump truck load. 

 

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Thank you for the update Adam.  Can’t wait.  

 

We don’t want anything half baked, we can wait for the whole enchilada.  

 

1CC7B1FD-5792-44A0-B771-BD9596391805.gif.766df16232db18aff25cf04e3d2db3cf.gif1CC7B1FD-5792-44A0-B771-BD9596391805.gif.766df16232db18aff25cf04e3d2db3cf.gif1CC7B1FD-5792-44A0-B771-BD9596391805.gif.766df16232db18aff25cf04e3d2db3cf.gif

 

 

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Mmm, that reminds me it’s time for lunch

 

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32 minutes ago, boosterbglee said:

I'm here for the afterparty!!!


I’m here cuz I heard there was going to be free nachos and margaritas :mexican:

or was that cinco de Mayo..? 

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Good morning Adam. Wondering if I can be forgiven and get posting privileges restored? Thanks

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1 hour ago, MillieChatham said:

I’m in the top 10!

 

1 hour ago, boosterbglee said:

I'm here for the afterparty!!!


I Drink - Therefore I Am ! :cheesehead: 

 

image.thumb.jpeg.9547a879bba583883cbffeb750a40264.jpeg


Hey - Is That Our Famous Pink Piggy Cisole ? :cisole: 

 

:D  :D  :D 

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4 hours ago, Adam Montana said:

longer than necessary, but I'm slammed with obligations

Adams up for drinks guys

what a bbq party

i didn’t know obligation

 

he will respond after dinner and drinks with me

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4 hours ago, Half Crazy Runner said:


I’m here cuz I heard there was going to be free nachos and margaritas :mexican:

or was that cinco de Mayo..? 

I bet there will be much more than that!!

 

Let's see who's got the best idea to name "THE" day!

What would YOU CALL RV DAY ???

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    • By Adam Montana
      Good morning, and Happy Wednesday!
       
      Warning: This Weekly Update is coming in like a lamb and going out like a lion.
       
      Before we get into it, I want to thank you all for being the best dang group of people I've ever been associated with. Please know that I never take you for granted, and time after time you impress me with your heart and character - as evidenced time and again, in particular by the incredible outpouring of love, respect, and goodness in last week's update.
       
      Cheers to you all, God bless, and thank you.
       
       
       
      Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more".
       
      There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed. What I mean by that is the last couple PMs were met with fierce opposition, riots, and outcry. I don't think for a minute that the Iraqi people are done fighting or they have lost their spirit - the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". 
       
      A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items.
       
      The fact that Oil is returning to normal and sustainable price levels... well, that's just gravy.
       

       
      I'm not the only person who looks at that chart and feels hungry! 
       
      One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet.
       
      Over the last few weeks, I've been noticing a trend. The news pieces that I am privileged to share and break down for you all have not been the "simple and sometimes boring" topics that have plagued us for months at a time in the recent past.
       
      On the contrary, I've been finding that much of the news and the key parts of this complicated web of information are challenging to piece together. It's led to a few "doozies" lately... the recent post on the Iraqi Budget is a good example. That one took a lot of editing and deleting and starting over to break it down into a manageable post that wouldn't make people's eyes glaze over.
       
      Based on the responses from the community, I feel it was worth the time.
       
      As the year 2020 is progressing, I am seeing more and more information that is stitching together in very complex ways. It makes my "job" a bit harder, but also more satisfying... and it will be even more satisfying when all of these things meet up at the end.
       
      The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides. I may do a longer explanation on this soon, but for this post I'll just state that Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important.
       
      The Middle East as a whole is a major producer of oil. Anything that is produced, and sold, needs to be transported to the consumer. While Iraq only has a small piece of the land that accesses the Gulf of Persia, they do have a sizable and important piece of the land that connects many paths that Oil must cross, and the HCL is vital to forward progress.
       
      Hang on to your seat as you read through this next bit:
       
      The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning.
       
      That also comes back full circle to the HCL - eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits.
       
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      I encourage everyone to read the links I posted in the above text. Piece that all together in your head, and get in VIP, because things are about to start happening REALLY FAST.
       
      GO HCL.
       
      GO RV.
       
      Best regards, all! Have a fantastic day and stay safe.
       
       
       
      - Adam
       
      P.S. If you hadn't noticed, I've been linking the relevant articles a lot lately instead of quoting them. This might be a little more work on your part to completely understand my posts, but I've received a lot of positive feedback from members as well. Feel free to chime in and let me know which you prefer! 
       

       
      P.P.S. Our Powerball Pool is here. Get in!
    • By Adam Montana
      Good morning good morning!
       
      Wednesday, 13th of May - Year of the 'Rona. The year we saw historic losses in the financial markets, the first time OIL ever (ever) hit negative numbers, and the world changed in ways some of us never believed would happen.
       
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      Plexiglass sneeze guards at every store register, shower curtains between tables at restaurants in our future, sporting events without fans, and this is only the start.
       
      With unemployment at the worst since the Depression, possibly worse to come, and the government printing money like... well, like they usually do, just a little faster. The truth is that all of the events we are witnessing were bound to happen eventually - the "pandemic" simply expedited some of it.
       
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      Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!!!) is on a roll, moving things forward and acting in every way we want! 
       
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    • By Adam Montana
      Happy Wednesday, gang!
       
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      Things are actually really good!
       

       
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      They aren't going to give us too much of a head start, so we wait patiently and vigilantly.
       
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      1. Ever hear of Kim Clement? Check this out!
       
      2. Hi, thanks for being a member here at DinarVets. Be sure to enter the Weekly Powerball Pool!
       
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      That's it...  for now.
       
      Be well, stay safe, and GOOO RRRRVVVV!!!!
       
       
       
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    • By Adam Montana
      Good afternoon and Happy Wednesday!
       
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      Countries like Iraq should certainly be wiped out and pleading for mercy, perhaps unloading oil tankers into parking lots and using the VLCCs for storing dead bodies. And certainly during Ramadan, nothing would be happening that could be counted as progress.
       
      Especially with OIL taking the huge hit that it took recently!
       
      That is not the case.
       
      See, for example, here. And here. And here. And here. And here. And here. And... need I go on? 
       
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      The Middle East will always be at war. That's not something that keeps me up at night. 
       
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      Fine questions, sir.
       

       
      (As a result of that thread, I also posted a special VIP Q&A thread here. I'll be attending to that one on an ongoing basis for an unknown period of time. Join in!)
       
      That's it for this afternoon's Weekly Update! 
       

    • By Adam Montana
      I know, I know... TWO "weekly" posts this week!
       
      Yesterday I touched on some issues, and opened it up for discussion.
       
      The feedback was extraordinary, as always! 
       
      This topic is also open for feedback, so post away... but let's go over some things first.  
       
      ===== /// brief interlude /// =====
       
      Before we get going on this Update, I'm inserting a special LIMITED VIP discount.
      You'll see why this is a great time to use it later in the update!
       
      Use discount code "shakeup" for a sweet 29% off any of the VIP memberships here.
       
      VIP members - keep an eye out for a VIP email soon.  
       
      ===== /// we now return you to the Update: /// ===== 
       
      OIL rocked our world over the last 7 days... as mentioned (and continuing here), there was an unprecedented (never happened before) situation where WTI (OIL) went to $0, then negative. 
       
      This has NEVER HAPPENED BEFORE.
       
      EVER.
       
      I even posted in a recent update that "oil will never be free", and the markets proved me wrong... because for a short window, negative prices means OIL was even better than free!  Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong.
       

       
      The markets have since began "correcting", with reverse splits and giants like USO completely changing their M.O. - on that note, I'd caution against buying OIL "stocks", on the assumption that the price "must" go up. Derivatives and futures are tricky and don't necessarily follow the normal rules, kind of like fiat currency that has a "value". I'll stop there before I get too deep in that rabbit hole, because there is more to discuss in this topic.
       
      On to Iraq.
       
      Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan".
       
      I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation.
       
      The most unique, ever, in the history of the world, in fact.
       
      We are witnessing a financial shakeup never before seen, and barely even imagined.
       
      What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion... maybe something will get done during Ramadan!
       
      This from just yesterday (thanks @yota691!):
       
       
      To me, that actually seems realistic. Achievable. And it's a number they can work with!
       
      An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well.
       
      Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table. 
       
       @Mary B and @Pitcher bring us these confirmations that Kazemi-KAZAMMI is working, moving things along:
       
       
       
      Add to that a landslide of news from earlier this week:
       
       
      More thanks to @DinarThug for this one... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train!
       
       
      Overall? This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging.
       
      And right now, right here at this very minute, we are smack dab in the middle of a shakeup in the markets, in the economy, in the world... that is going to change our lives forever.
       
      This is like 9/11 in the fact that our world will NEVER be the same after this.
       
      And that's why the discount code on VIP is "shakeup".
       

       
      I'm going to lock yesterday's thread, and encourage you all to continue the conversation here. Read below for my responses to some of the questions and comments that were posted yesterday.
       
       
      Go Iraq, and GOOO RRRVVVV!!!!
       

       
      - Adam
       
      ----- From yesterday's Weekly:
       
       
       
      I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open.
       
       
       
       
      In a word: YES.
       
      The price per barrel of oil is a temporary situation. 
       
      Iraq holding one of the largest physical stores of oil is not temporary.
       
      They are already talking about setting their budget on an amount much higher than current market.
       
      This situation with the price of oil will be remembered, but it will not last.
       
       
       
       
      YES! And they were told they would get no more than 2 billion dollars... that is nothing.
       
      We aren't the only ones who know that Iraq has the potential to solve their own problems.
       
      Time to GET IT DONE!
       

       
       
      Be careful with that... when you buy "oil stocks", you aren't necessarily buying the actual oil. You can still lose money on oil stocks, even though you are correct that the price will go back up.
       
       
       
       
      THAT is a multi-kajillion dollar question!
       
      @coorslite21 made a good comment on it here.  
       
       
      It is not necessary to have it 100% completed. Looking at the progress by KAZAMMI I posted above, I think we are in the strike zone very shortly!
       
       
       
       
      Great post @Mr. G  I agree with a lot of it.
       
      I'll clarify my position here: The price of OIL is a factor, not the factor. If Iraq were to suddenly run out of reserves, we would be having a different conversation.
       
      That's not the case, so bring on the RV!
       

       
       
       
      That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want.
       
       
      THIS IS A CRAZY TIME!
       
      In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
       
       
      Sorry Happy Man! I don't think I saw your comment - can you repost it here in this thread? I'll keep an eye out for it.
       
       
      =======
       
      GOOO RRRRVVVVVV!!!!!!!
       
       
       
       
       
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