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By Adam Montana
Good afternoon-evening, all!
This has been a roller coaster of a week for so many sectors... I know some of you are here for "Just the Dinar News, sir.... just the dinar news".
I'll start with IQD. There is talk - and I'll leave it to you to research this, because I have 17 articles on my notepad that would really only cause confusion - but there is TALK that Iraq isn't able to use USD anymore.
Or they won't be able to, or they shouldn't, or whatever.
Listen, this is a fundamental issue, and anyone that's followed me for any amount of time should know that I am here because of the fundamentals.
If Iraq is currently unable to use USD (that's not entirely the case at the moment, but follow along) then they couldn't conduct auctions, they couldn't trade anywhere that uses the USD (that's everywhere), and they would basically fall into absolute poverty and die of malnutrition.
Does that sound like a serious possibility?
Of course not... so let's get back to the fundamentals.
Iraq has a majority of the OIL in the world.
There's no way in heck that the WORLD will just pretend that oil isn't there.
There is NO WAY that they can't use their resources to "buy in" to anything they want.
So... what's with all this talk about Iraq not being able to use USD?
It's an idle threat, but a promising one.
It means Iraq has one more reason to up their game, Iraq has yet another reason to RV, and the world has one more reason to accept the "NEW" rate, even if it surprises everyone.
Even if the analysts and the advisors and the bunches of panelists and "experts" say "OMG they shouldn't/can't/won't" do that!
It doesn't matter what those talking heads say.... it's going to happen when it happens, and we are ready and here!
On a side note... I hope you caught some of these crypto gains that many of us are rolling in!
Sorry this update was late - I've had a ton going on this week, some of which has been rolling my crypto profits into other deals and just having a blast doing it all.
Life is good, friends! See you in VIP
By Adam Montana
Good afternoon, beautiful people!
Budget: All you need to know about it is here:
What that doesn't tell you is that the Budget doesn't have to have the rate. The Rate also does not need to be included in the Budget!
That's not to say that the Budget doesn't matter - it does!
But what really matters is the satisfaction of the Kurds... and that, my friends, is happening very nicely.
In fact, it's happening more than just "nicely" - check this one out:
I don't have much more to say on it than that... it's a "wait and see" game right now.
Wait for the RV, then see you on an island!
BITCOIN - making it's way back up there. I haven't had this much fun in ages! Hope you're with us in the VIP Crypto section!
Our Weekly Powerball Pool is HERE. Join us!
Go BTC. Go Iraq.
By Adam Montana
Howdy howdy! Happy Wednesday, good people of DinarVets!
We have some questions from the thread I posted yesterday - I'll get to those in a minute.
Just in case you missed these comments from last week... check these out: ONE and TWO. 💥
HCL is such a key component right now. In fact, 98% of this RV hinges on when and how the HCL is finally completed...
... and with things like that coming out, you know we aren't far now!
Crypto - BTC is down to 30,900 as I type this. But those of us in VIP already saw that coming... and we have insight on what is happening next.
Here's the questions that were posted yesterday:
Although both are tragic and unfortunate, I see no impact from either of those.
Haha! Thanks Snatcher
In regards to an RV, I say it signifies nothing. Iraq has always tried to plead poverty and defer payments and anything else they can do - just like we would expect any other country to do.
The payments are in dollars, not Dinars.... this means that after they RV, it will be easier for them to repay. In fact, it makes sense to stall payments until after the RV if possible, because they will effectively pay less that way. Or at least have more to pay with, but I don't think their payment schedule will change for them. It's just better for them all around that way.
That's a great observation, and I think it's 100% in Iraq's favor! Anything that drives the price of oil up, and does not take away from Iraq's ability to produce and export their own product, is good for Iraq. This is one such example.
Eventually, yes. After.
The timing for an RV is good now. The timing, technology, etc for converting to digital isn't quite there at the moment.
Oy vey Tricky tricky!
Not at all. The EU doesn't control the world, Iraq (and the other countries on that map) have other avenues to move money.
I think you can guess my answer already after reading the links to the articles Thugs posted. We are so close to the apex of this I simply can't imagine it not popping soon, one way or another!
One of my biggest objections to the possibility of a true Global Currency Reset is that when you break it down, it ends up looking like socialism. There would be winners and losers in that situation - if all currencies were made equal, that implies that all debts would be erased. Who does the US owe their national debt to? And are they just going to agree to wipe that debt out? That's just one example of a major roadblock in the path to a "Global" currency reset.
I'm not saying I see no possible variations of the concept, but I do not believe a Global Reset is possible without WWIII and one ultimate winner who then controls the entire planet under one ruling entity.
Funny question there... no amount of money will solve their problems! That won't stop them, though!
What "IQD Rates - Updates" are you referringing to?
No, but some countries are requiring tests before you're allowed to mingle.
You're going to have to give me a link - I could run around the internet trying to figure out exactly what you're referring to, but if I find the wrong article I'm going to give you the wrong answer.
Gotta give me more to work with than that. Which pile of money are you referring to?
I'm mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn't mean it has to be done simultaneous...
.... however, the timing certainly is good. I'm hopeful.
== = = == = == = == = = == = == == =
Lots of good stuff, my friends!
Stay positive, stay healthy and happy, Go Iraq, and
By Adam Montana
Good day and happy Wednesday!
Not a ton to chat about right now. We have some optimism on the Budget side, namely:
If the Kurds weren't happy with their share, there would be a problem with HCL.
This says the opposite - all in agreement, ready to go next week, and that says to me:
Let's go HCL!
Other than that... I could sit here and hypothesize about the little news bits and rumors floating around, but I've got other things to do
Get in the lotto pool here.
The crypto world is an amazing and fantastically fun place to be playing right now - the market swings are incredibly predictable! Join us here for the discussion.
Like I said - not much to talk about today, so.....
By Adam Montana
Happy Wednesday all!
I hate to start an update on a bad note, but I'm slammed with work right now, travelling with slow internet, and I accidentally swiped the wrong way just a minute ago...
... and lost a few hours of work that I had done on this weekly update.
Oh well, that's what I get for counting on auto-save. I'm sure there's a lesson to be learned here
Iraqi Dinar - we are looking so good here. There is nothing going on that has me even the slightest bit concerned, in fact!
The way things are going, we could see an RV early this year. Things to watch for are HCL and pretty much anything @yota691 posts.
Like this, for example.
Speaking of Master Yota, he recently suggested something - and you probably noticed the dynamic exchange rate module on the side of most pages. I am bringing it up now because while it's neat to see the price of BTC and a few other things there, I am not counting on that to notify me when the IQD increases.
Nor should you.
If you want to be notified of the RV in a timely manner, you should definitely be in VIP and make sure you've completed the VIP Text confirmation process. Do it here.
Crypto - holy moly it's been fun lately! The Iraqi Dinar is almost a sure thing, if you understand it. I explained it all in the RV Intel book - get it here if you are VIP, or here if you're not. (Kind of silly to not pony up a few extra shekels and get it free with VIP, but to each their own.
Crypto, on the other hand... that's more complicated, especially if you don't have access to our VIP Crypto section.
You don't want to be this guy, after all!
I think it's going to continue going up... in fact, I've been buying more. I see the current price of 35,xxx as a gift!
Better late than never indeed! At today's price.... I'm buying more.
I just may do something with the ginsu knives... it's been a while since we had a contest!
There isn't much that makes me happier than a happy VIP member sharing their happiness. Thank you for the post!
I'll do that for fun sometime.
Okie dokie friends and family and DV family and everyone else... I'm done for now!
Be happy, be safe, and
Testing the Rocker Badge!
Live Exchange Rate