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Adam Montana Weekly 4 November 2020


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3 hours ago, Adam Montana said:

Good morning DinarVets, and happy Wednesday!

 

Also, happy continuation-of-November-3rd, where the voting happened and the counting continues.

 

I know there are a lot of people who are on the edge of their seats today, waiting for the ballots to be counted and the winner of the United States presidential election to be decided.

 

The unfortunate fact is... it's too close of a race to call yet, and we probably won't have a clear answer until at least the end of the day. More likely, the end of the week.

 

No matter who wins, life will go on. Love your loved ones, let go of that which does not serve you well and good, and GO RV!!!

 

The US political news is enough to keep me writing here for hours upon hours, if that was what I cared to do...

 

... it's not. :lol: 

 

I'm sure a lot of gossip and speculation surrounding the elections will be affecting the Dinar world.

 

If Trump is going to stay in the White House, Iraq certainly has a good reason to count on support from the US in their revalue (increase) of their currency.

 

If Trump will not be staying in the Oval Office, he could make one of his last plays a major push to help Iraq in any way they want.

 

No matter what, President Trump still has an influence on foreign affairs, policy, and support for Iraq until at least January 19th 2021. And we know he won't be doing anything to hinder Iraq in an RV.

 

That may be why we aren't seeing any actual news about Iraq's currency as it directly relates to the US presidential election... because no matter how this goes, they still have the support of the US and regardless of how things turn out, we have a few months where they are in a great position, with global support, and they can flip that switch with no substantial resistance from one of the most influential and powerful nations in the world - the USA.

 

With all that said... my suggestion is simple.

 

Hang tight, wait for the official RV announcement from DinarVets, get in VIP(!!!!), and 

 

GOOOO RRRRRVVVVVV!!!!!!

 

:tiphat: 

 

The weekly Powerball Pool is here.

 

- Adam

 

P.S. It was mentioned recently that something I said may have held a hidden message... has anyone ever noticed the colors I use for "GO RV!"? And the order I put them in?

 

5,000 DV points for the first member to guess the significance. Hint - there are two parts to the explanation.

 

:D 

 

P.P.S. I would personally enjoy some great commentary on how the markets are performing and how they will continue to react as time goes on this week. @Pitcher

 

Colors of the Iraqi flag

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Ok, I’ve made my first trade and it was in Biib, a Biotech for a nice gain. Today we have the Healthcare and Technology sectors leading and doing very well.  I think they are doing well because it was low hanging fruit.  Both sectors were beat up pretty good last week and needed a little relief rally.   Once we know who wins the White House and Senate we will hopefully have more clarity on investing.  

 

When I sit down at my desk to trade I have to be 100% non prejudiced.  As a Day Trader you have to block out all the noise and trust what the charts are telling you.  I am a 100% Technical Trader when I’m Day Trading, so I try to just react and trade my disciplines.  

 

To be a Long Term Investor of the Stock Market you have to consider EVERYTHING.  Who will be President and the ramifications of that will determine how I will invest going forward. I’ve been sitting in Cash for over a year waiting for clarity from the CV, who wins the WH, to see if there would be a Blue Wave and a move to Socialism and far Left disruptive policies.  I probably won’t put any new money for a Long Term Investment  until late Dec or Jan.  I’m pretty conservative and I’m at a point in my life where I can wait for what I think are the best conditions to succeed.   

 

So you all now I was and still am hoping for a Trump Victory.  If Biden wins I don’t think it will be the end of the world as long as the Reps keep the Senate.  I am a businessman and I am PRO business.  With a Rep Senate tax hikes are off the table. It also puts Socialism, Green New Deal, fracking and other far Left Policies on hold.  That should all be good for business and the Stock Market going forward.  We are still in a Pandemic and if Biden locks down the economy many businesses will be permanently closed.  I’m hoping if Biden is elected he will reach across the table and get a Stimulus Package done with McConnell and get his Dem Govenors and Mayors to open up their States.  

 

For the next next week or until a winner is established expect Volatility in the Markets as they digest what a Trump or Biden victory will mean.  The markets sold off pretty hard leading up to the Election so the last few days of going up is just a relief rally in my mind.  If we get a Stimulus Package, an Infrastructure Bill passed, a Vacine for The CV in the next month, it won’t matter who wins the Presidency.   With those things the economy and the Stock Market will go higher.  

 

We’ll see what happens, the best advice I give to my kids is try to stay positive and always look for opportunities. The USA is still a great Country and it will get through this Pandemic and proper, especially if we get an RV Stimulus.  Who is going to buy a new Vehicle or home when this investment pops?

 

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15 minutes ago, Pitcher said:

Ok, I’ve made my first trade and it was in Biib, a Biotech for a nice gain. Today we have the Healthcare and Technology sectors leading and doing very well.  I think they are doing well because it was low hanging fruit.  Both sectors were beat up pretty good last week and needed a little relief rally.   Once we know who wins the White House and Senate we will hopefully have more clarity on investing.  

--------

 

 

Pitcher,

Nice play on BIIB!  Huge pop from about 250 to 350 today.  I got bullish last week but didn't pull the trigger!

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Thanks ddl.  It was a no brainer for me, it was #1 on my Scan.  I just had to wait for the safe entry and boom I got about half of that up.   Sometimes things go your way in DT’ing.  Wait for a Pull Back if you are considering buying it now for a Long Investment or a Swing.    It’s run real Hot today and is probably due a little correction to get back inside the Bollinger Bands.  

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Red is the color of energy, passion, action, ambition and determination. Green is the color of balance,  growth and self-reliance. Black is associated with power, fear, mystery, strength, authority. These are all things Iraq once had and is trying to regain and will once they are recognized on the global arena once again. 

 

The Iraq Flag is red, white, and black, with green lettering. So in my opinion if your Go RV was representing the flag then it would be red, white (green), and black. 

 

Just my two cents......

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12 hours ago, Adam Montana said:

Good morning DinarVets, and happy Wednesday!

 

Also, happy continuation-of-November-3rd, where the voting happened and the counting continues.

 

 

With all that said... my suggestion is simple.

 

Hang tight, wait for the official RV announcement from DinarVets, get in VIP(!!!!), and 

 

GOOOO RRRRRVVVVVV!!!!!!

 

:tiphat: 

 

 

:D 

 

P.P.S. I would personally enjoy some great commentary on how the markets are performing and how they will continue to react as time goes on this week. @Pitcher

 

 

I'll share a thought or two... Biogen went up 43% today....do a search...

 

In VIP we discussed it, and some like IPO's years ago... 

 

Long term....the World economy is headed to hell....

This has nothing to do with the election......see below....

 

but.. 

 

Humor me for a minute on the election....the establishment will do most anything to get Biden elected......it will keep most of them out of prison.....

 

Biden?....70 million votes?....really?.......didn't campaign....very poor cognitive process.....picked a VP who was bounced first in the Dem primary.....who called him out as a racist....who believed his accuser of rape...crazy!

 

just how it is.....

 

Watch NV....AZ......(and perhaps a GA surprise from the left...)

 

Election corruption exposed?.....we'll see?

 

40+ years of Economic mismanagement and corruption... 

 

"It's all connected".....CL

 

Where we're headed...    

 

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Matterhorn Asset Management AG
          tel: +41 44 213 62 45

 
 
 

ELECTION – THE WINNING MANIFESTO

November 4, 2020
 
by Egon von Greyerz

PastedGraphic-2-150x117.pngThe US election has finally taken place. During the campaign, both candidates have totally avoided the critical issue that will bring the US down in the next four years. The election campaign has been ugly but totally avoided the monumental problem facing the American people.

Clearly neither of them wanted to tell the voters that he will take over the running of a totally bankrupt country that is likely to collapse economically, financially and morally in the next four years.

 

At the end of this article I have set out what would have been the winning election manifesto.

A PRESIDENTIAL CANDIDATE NEVER TELLS THE TRUTH

Neither Trump, nor Biden has been telling the American people that the US is a totally bankrupt country that has been running deficits for 90 years. (Four small exceptions in the 1940s and 50s. The Clinton surpluses were fake.)

 

What an unenviable task to preside over an insolvent nation and be hated by everyone as the country falls into perdition.

 

How can anyone be willing to run a nation that needs to borrow half of its budget expenditure. The clear facts are on the table. You cannot erase 90 years of mismanagement.

 

The figures tell us the truth. In fiscal 2020 spending was $6.6 trillion and tax revenue $3.4t. So the deficit was a staggering $3.2t. And as history shows us, it can only get worse. The state of the financial system, exacerbated by Covid, guarantees galloping deficits from hereon in.

US DEBT – MORE THAN $40T IN JAN 2025

The US federal debt by the time the new president takes over will be at least $28t. This was totally predictable based on a simple extrapolation as in my article from Feb 2018. In the same article I predicted that the debt when the next president takes over in Jan 2025 would be $40t. See graph below. I was probably much too cautious since the way things are going now $40t seems too low.

def2.jpg

So why hasn’t either candidate told the truth and laid out the facts that the US will need to borrow more than the total tax revenue to pay trillions in Medicare, Social Security, Defence etc.

DOLLAR HAS FALLEN 98%

And why is neither candidate telling the people that the consequences of a 90 year deficit policy has led to a 98% fall in the value of the dollar, in real terms, which is against gold.

Virtually every president in history has boasted about the strong dollar but no one has told the American people that the dollar is hardly worth the paper it is written on. And neither candidate has told the voters that in the next few years, unlimited money printing will be required in a futile attempt to save the US economy and the nation from total destruction.

Whatever the Keynesians or the MMT crowd say, you can NEVER reach prosperity by printing worthless pieces of paper or pressing a computer button. If these theories were valid, the world could stop working and just print, print and print.

GOLD TELLS THE TRUTH

Only gold reflects what is happing to the value of fiat money. But not even gold shows the true situation since the massive amount of paper gold outstanding disguises the true price of gold. But the paper gold market is likely to fail within the next few years as debt explodes and the value of fiat money implodes.

Because it is the accelerated money printing that will lead to the destruction of the dollar and all paper currencies.

The current gold price is not even reflecting the money printing and credit creation that we have seen so far. The graph below shows that in relation to US money supply, gold today is as cheap as it was in 1970 when the gold price was $35 or in 2000 when gold was $288.

gold_adj.jpg

With the expected and required explosion in money supply in the next four years, gold will rise exponentially from here.

IMPORTANT BUT NOT URGENT

In his 7 Habits book, Steven Covey told us to focus on the square prioritising matters which are IMPORTANT but NOT URGENT. Sadly most people and especially the politicians and the media focus on the wrong square which says URGENT but NOT IMPORTANT.

It is in this latter square that today’s instant gratification world spends most of its energy and time. That includes, answering a Text message when you are in an important conversation with someone or always giving a mobile phone incoming call priority over whoever you are with.

Many business leaders tend to fight short term emergencies instead of planning for the long term strategy and prosperity of the business.

UK SPENT 3 1/2 YEARS SQUABBLING OVER BREXIT

Politicians are of course the worst. They seem to go from one crisis to another in their fight for survival. In the UK, the people decided in 2016 to exit the EU. Parliament, big business and the media could not accept the outcome. Nor could the Remainers who lost the vote. Not until Boris Johnson became Prime Minister in July 2019 and subsequently won an unassailable majority in Parliament, could Brexit finally be implemented.

Before that, the UK spent 3 1/2 years debating Brexit and nothing else. The fact that the UK economy was quickly deteriorating, the government did not have time to focus on. Nor did the media which tried everything to sabotage Brexit.

So the UK spent all this time in the wrong square, just squabbling about Brexit as the walls of Jericho were tumbling around them.

FOUR YEARS OF SABOTAGING TRUMP

And exactly the same is happening in the biggest economy in the world. Since Trump was elected 4 years ago, the opposition and the media have totally focused on getting him out of office with any kind of dirty tricks including Russian connections and impeachment.

So for Trump, there have been 4 years of fighting all kinds of imaginary windmills (Don Quijote). These were windmills erected by his enemies to prevent him to deal with the important and urgent matters like a faltering economy that can only survive on printed money and debt.

But a politician who is elected for 4 years only, must in any case, after the first 18 months, focus on how to buy votes for the coming election. And the people demand instant gratification and not the hardship necessary to put the economy right.

A DESPERATE PLEA FROM THE PRESIDENTIAL CANDIDATE

And that is why neither candidate has ever dared to conduct a serious discussion about the fact that the US is bankrupt. Below is what the winning candidate should have said. But who would vote for a candidate with the following manifesto:

“Our nation is bankrupt. We cannot make ends meet and we need to eliminate Medicare/Medicaid, Social Security and Defence totally to balance the budget. That will save us $3 trillion which almost covers the 2020 deficit.

The problem is that we expect a bigger deficit next year. Covid is paralysing major parts of the country and will be very costly. It will also have permanent negative effects. In addition, we expect major problems in the insolvent financial system. This will necessitate the printing of further trillions of dollars or even tens of trillions.

But as we print these dollars, we get an ever bigger problem. The value of the dollar will fall precipitously and we will need to print and borrow even more. That will create a vicious circle with a lower dollar, bigger deficits and bigger debts plus inflation.

So these are the facts. I am obviously very sorry to present these to you but I am certain that there can be no other outcome.

I sincerely hope that you will elect me on this platform. After all, I am the only presidential candidate in history who has told his people the truth and the real state of the nation.

And please don’t believe the fake promises of the other candidate. A liar doesn’t deserve to be president.

Finally, I promise to do my best to manage the coming disorderly collapse of the USA to the best of my ability.”

INTERNATIONAL PRECIOUS METALS SHOW

Gerald Celente, Marc Faber, Rick Rule and Egon von Greyerz will all be speaking at this Show in Munich on November 6 & 7. This is a virtual event with recorded presentations. https://www.edelmetallmesse.com/en/

messe.jpg

 

 
 
 

Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45

Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.
GoldSwitzerland.com
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16 hours ago, Wiljor said:

Good morning Adam, thanks for the update. 

We sure are in interesting times, and I believe Iraq is headed in the right direction, no matter who wins the US election. 

Well if the pervert and ho manage to steal this election! I don’t think Biden inc shares the wealth! Remember pervert’s brother jimbo took millions out of there under the guise of building homes! We all know that there were not many homes built for the Iraqi people! Jimbo was kickin the pervert and obama back their share of the loot! JMHO 

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On 11/4/2020 at 10:01 AM, Adam Montana said:

 

 

 

1333 points to the three of you!

 

Black Red Green are indeed the colors in the Iraqi flag.

 

Black is neutral, Red is "stopped / delayed", Green is the end of this ride.

 

:twothumbs:

 

And what exactly is "1333" points redeemable for in the DV Arcade? Choice between 1 pre-RV IQD, or perhaps a Gift Certificate to the "Faded Yellow Umbrella" (transportation NOT included)? :bravo:

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Adam, I feel as our leader here, and your recent disclosure of the use of the color "green" to denote  'cash', greenbacks, prosperity etc. , that with the 'actual' value is USD nearing junk, and with the demonstrable willingness of 1/2 the US Voters (or so the PTB behind the scenes would have us believe) that we follow their attempt to have the 'Not-So' United States become the next Venezuela (in a fraction of the time)... consider finding a different color to represent prosperity, not necessarily another currency color, but non-fiat precious metal, like 'GOLD'? I have very little interest in post-RV cash-in into cash, but prefer precious metals (as well as BTC, and other cryptos as well). BTC is represented in gold, so perhaps you might want to...

 

(I know we have numerous and extensive threads and conversations about where value is created, found, grown, moved, utilized, invested, managed and retained [VIP Side], but perhaps the time has evolved to update the representation of wealth from green [cash] to GOLD? Kind of reminds me of Trump Towers [golden escalator] ).

 

Just a thought

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5 hours ago, Caye98 said:

Adam, I feel as our leader here, and your recent disclosure of the use of the color "green" to denote  'cash', greenbacks, prosperity etc. , that with the 'actual' value is USD nearing junk, and with the demonstrable willingness of 1/2 the US Voters (or so the PTB behind the scenes would have us believe) that we follow their attempt to have the 'Not-So' United States become the next Venezuela (in a fraction of the time)... consider finding a different color to represent prosperity, not necessarily another currency color, but non-fiat precious metal, like 'GOLD'? I have very little interest in post-RV cash-in into cash, but prefer precious metals (as well as BTC, and other cryptos as well). BTC is represented in gold, so perhaps you might want to...

 

(I know we have numerous and extensive threads and conversations about where value is created, found, grown, moved, utilized, invested, managed and retained [VIP Side], but perhaps the time has evolved to update the representation of wealth from green [cash] to GOLD? Kind of reminds me of Trump Towers [golden escalator] ).

 

Just a thought

Caye98,

 

I've had very similar thoughts as to not leave my wealth in cash if usd hasn't been swapped to asset backed before or at the same time as the IQD rv. Im hoping the value of the usd continues to decline before the rv/ri so the rate will be higher but but I'm nervous about putting to much in crypto. I recall Trump saying he didn't like crypto so I'm wondering if maybe crypto is being put in position to collect this wealth that many people are about to have.? I have absolutely no evidence of this, it is just a thought i have been thinking. 🤷

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12 minutes ago, Longtimelurker said:

Caye98,

 

I've had very similar thoughts as to not leave my wealth in cash if usd hasn't been swapped to asset backed before or at the same time as the IQD rv. Im hoping the value of the usd continues to decline before the rv/ri so the rate will be higher but but I'm nervous about putting to much in crypto. I recall Trump saying he didn't like crypto so I'm wondering if maybe crypto is being put in position to collect this wealth that many people are about to have.? I have absolutely no evidence of this, it is just a thought i have been thinking. 🤷

Diversify

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      Where are they today?
       

       
      $61! Which happens to be above where we need them to be for a launch of the RV. I don't need to say more on that topic.
       
      In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels.
       
      You can keep up with the current Budget proceedings in this thread, where our tireless @yota691 has been keeping everyone up to date.
       
      I know it can be a bit painful to try to decipher the articles, so I'll give you the elevator summary:
       
      Things are going well. There is a current discussion on "raising the price of the dollar", which would be bad for Dinar, and the overall sentiment is that they publicly do NOT want to "raise the price of the dollar". (That's a good thing for us!) Part of the reason is due to the current favorable price of oil.
       

       
      And, of course, none of that matters when the HCL goes through. It's been pretty quiet on the HCL front, which is part of why I've taken a break on posting.
       
      When the HCL comes, we have an RV either already announced or just around the corner.
       
      Until the HCL is done, we wait patiently.
       
      Personally, I'm staying the course.
       
      In other news... LGD made a pretty compelling argument in this thread for taking a serious look at Silver.
       
      BTC (we discuss this a LOT in the VIP Crypto section) is experiencing one of the best buying opportunities we've seen in a while, and maybe the best we will ever see again.
       
      While we've been waiting for the RV, many millions have been made in other areas... I encourage everyone to not tie all of their hopes and dreams to one windfall. I have no doubt that we will reap the dinar windfall, but why miss all the other opportunities while we are waiting on the RV? 
       
      See you in VIP.  
       
       
       
      Go Iraq... Go Dinar...
       
      GO RRRVVV!!!!!!!!!
       
       
    • 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?
       
      I'll answer.
       
      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.
       
      GO RRRRVVVVVVV!!!!!!
       
       
       
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