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By Adam Montana
Good afternoon, DinarVets!
I'm going to run through this one pretty quick, because it's very simple to explain.
That's a good thing. Simple = easy to conclude, which also translates loosely to "soon"!
OIL is slightly lower than in my last update, but it's still in the "good" range.
Anything in the $60s is great, as far as I'm concerned!
More importantly, however, is all the HCL talk.
I'm almost certain you're hearing it from other places, and I can confirm this is true: Iraq is dealing with the HCL as we speak, and I think it's going to get done this time.
Check out the article below:
I'm going to repeat that last part:
💥 "It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law
coincides with marathon negotiations between Baghdad and the Kurdistan region regarding
the latter’s share in the 2021 budget and the mechanism for managing his oil file." 💥
The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved...
... the fact that there are now disputes, that are tied to the oil and gas law, tells us very clearly that they are not arguing over a few dinars... they are arguing over a LOT of dinars, which is also dollars.
My friends, we are closing in on a spectacular finish!
I'm looking forward to it. I know many of you are, as well.
Hang tight! This might get bumpy before it's over, but OH BOY will it be worth it!!!
Happy Sunday, everyone.
P.S. OH! Did I tell you, or did I tell you?! Once again, I'm telling you... BTC was at around $50,000 two weeks ago. Today it's 57,000. That's 14% in two weeks. It is STILL a great time to get into crypto! You did NOT miss your last chance! We are talking about it here.
P.P.S. Be sure to get in that DinarVets Lotto Pool here!
P.P.P.S. I almost forgot....
By Adam Montana
Happy Sunday, everyone!
I'm tagging this "Adam Montana Weekly", even though the updates are no longer weekly, just to keep them showing up in the same searches for your convenience.
Also, I don't have a lot to say... but I wanted to check in so you all didn't think I'm abandoning you! I'm just incredibly busy with some new projects in my life that have taken me away from the computer.
I'm very thankful for the reprieve from the computer screen, my eyes and my back have been screaming at me the last couple of years.
It was time for a change.
With that said, I'm still in daily communications with all of my dinar contacts. I still get my usual briefings from the important people on dinar. And I'm still 100% ready to drop everything and give you all of my time when this RV happens.
The last time I touched on the price of OIL was quite a while ago - I was optimistic even though oil prices were only at $40ish.
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...
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.
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Lots of good stuff, my friends!
Stay positive, stay healthy and happy, Go Iraq, and
Testing the Rocker Badge!
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