Adam's Chat last night has left me with a ton of questions.

[bassthumper]

I read the transcript this morning of the chat Adam had last night. Several things kind of put me in the basement. Down towards the end of the chat he was asked his opinion on the rate. His response, a very conservative one I might add, was extremely low. When asked his opinion, his answer was he felt it would RV somewhere in the $0.10 to $0.25 range to start. I almost spit my Dr. Pepper on my windshield (no i was not driving but was parked in the shade on break). I don't necessarily have issue with this low rate as much as I have questions.

Also, please consider that there are other sources that give info as well.... some valid and some pure Baloney.

I read in a recap last night something from Striperfish at PTR. Now I have not read anything from him or know anything about him before last night. That being said, He stated several things in a watch list that I had not heard of. One of these things was that the Counsel of Ministers was to take an 80% reduction in pay starting 8/30.

Now after reading that and then this morning near choking on my D.P. when I read Adam, which I must say I trust more than anyone else in this investment, It has me going crazy.

Knowing that everything is done using USD as their current currency, If they take an 80% reduction and then RV at $0.10 on the USD that equates to another reduction in pay. Maybe I am reading too much into that IDK.

Also, I was pondering what has been mentioned as the possibility of a timed "cash-in" where you only have say for example 90 days from the RV to "cash-in" before the current bills become worthless as currency and are considered collectors items only. If this happens, will there be a way to exchange the current IQD I have in my possession for what will be the IQD after the RV without cashing in? Basically it would be a one IQD for one new IQD exchange. Can this be done?

Can someone help a feller out here??? Thanks in advance for any and all offerings to clear this up........

Go RV!!!!!

[bamagirl]

Adam has always been conservative in his expected rate.

[librapeace]

Well, since NOBODY really knows the factual answers, take it as someone's opinion. Best thing you can do for your investment is for YOU to conclude for yourself the possibilities and probabilities in order for you to determine investment goals and limitations. I only mean to help, you seem like a sincere individual and wanted to share some logical approach. Peace.

[MikeRite]

When asked his opinion, his answer was he felt it would RV somewhere in the $0.10 to $0.25 range to start. I almost spit my Dr. Pepper on my windshield

[fnbplanet]

How would an 80% reduction in pay, with a $.10 RV be LOSING money?

If they made about $100 USD a day, that's 11700 dinars a day.

Reduced by 80% equals 23400 dinars.

Multiplied by $.10 equals $2340.00 USD per day.

[Markinsa]

Adam has always been conservative in his expected rate.

I agree, he's married to an Accountant! She's probably tatooed the word conservative on his behind.

Besides, if it comes out like he says, no surprise, but if it comes out way more, then its all gravy baby!

-

[librapeace]

How would an 80% reduction in pay, with a $.10 RV be LOSING money?

If they made about $100 USD a day, that's 11700 dinars a day.

Reduced by 80% equals 23400 dinars.

Multiplied by $.10 equals $2340.00 USD per day.

Then add that to the 8 1/2 months of holiday pay...boom, good pay baby! Haha

[bassthumper]

How would an 80% reduction in pay, with a $.10 RV be LOSING money?

If they made about $100 USD a day, that's 11700 dinars a day.

Reduced by 80% equals 23400 dinars.

Multiplied by $.10 equals $2340.00 USD per day.

fnbplanet This is part of what I am not sure of. I did my math using USD... I did it that way considering they do not use IQD as of right now. So if they reduce by 80% right now that is equated in USD. if the RV is at $0.10 USD that is a further reduction.

Say they are currently making $100,000.00 USD a year and they reduce that by 80% their salary is now $20,000.00 USD a year. If the RV occurs at a rate of $0.10 USD that makes $20,000.00 USD a year now $2,000.00 USD a year.

Maybe I am wrong....... I actually hope that I am..... Most importantly I really would like to know how valid of a source Striperfish is.

[Heinzy444]

where you only have say for example 90 days from the RV to "cash-in" before the current bills become worthless as currency and are considered collectors items only

Read more:

Several news stories relating to this topic have quoted 2-3 years for exchange - sit back, relax, why stress your self out, CBI will post the rate change immediately, and remember be a Pepper. - would'n't you like to be a Pepper too?

[bassthumper]

where you only have say for example 90 days from the RV to "cash-in" before the current bills become worthless as currency and are considered collectors items only

Read more: http://dinarvets.com.../#ixzz1Wk1UdxeT

Several news stories relating to this topic have quoted 2-3 years for exchange - sit back, relax, why stress your self out, CBI will post the rate change immediately, and remember be a Pepper. - would'n't you like to be a Pepper too?

Thanks Heinzy for the encouragement. I have not read those articles so I will go back and locate them...

Edited September 1, 2011 by bassthumper

[Rossenbos]

I read the transcript this morning of the chat Adam had last night. Several things kind of put me in the basement. Down towards the end of the chat he was asked his opinion on the rate. His response, a very conservative one I might add, was extremely low. When asked his opinion, his answer was he felt it would RV somewhere in the $0.10 to $0.25 range to start. I almost spit my Dr. Pepper on my windshield (no i was not driving but was parked in the shade on break). I don't necessarily have issue with this low rate as much as I have questions.

Also, please consider that there are other sources that give info as well.... some valid and some pure Baloney.

I read in a recap last night something from Striperfish at PTR. Now I have not read anything from him or know anything about him before last night. That being said, He stated several things in a watch list that I had not heard of. One of these things was that the Counsel of Ministers was to take an 80% reduction in pay starting 8/30.

Now after reading that and then this morning near choking on my D.P. when I read Adam, which I must say I trust more than anyone else in this investment, It has me going crazy.

Knowing that everything is done using USD as their current currency, If they take an 80% reduction and then RV at $0.10 on the USD that equates to another reduction in pay. Maybe I am reading too much into that IDK.

Also, I was pondering what has been mentioned as the possibility of a timed "cash-in" where you only have say for example 90 days from the RV to "cash-in" before the current bills become worthless as currency and are considered collectors items only. If this happens, will there be a way to exchange the current IQD I have in my possession for what will be the IQD after the RV without cashing in? Basically it would be a one IQD for one new IQD exchange. Can this be done?

Can someone help a feller out here??? Thanks in advance for any and all offerings to clear this up........

Go RV!!!!!

You are mixing things up badly.

You buy 1 mio dinar for 1000$ say. If the dinar rvs to 0,10$ it means your 1000$ is suddenly worth 100.000$. The only reason I would spit Dr Pepper out over that, is of sheer joy and gratitude. And a little because I hate sugar drinks that poison me :-).

The salary thing for the politicians has NOTHING to do with this.

They will be jumping for joy too. It's been explained already in an earlier post.

As for the rate: Adam is playing it cool. Why would he make you believe in 3.68$ if there is NO factual proof for this rate and he can only disappoint people.

Adam will let you get used to 0.10$ and when it RVs at 1.00$ you will love him forever. Although, it is not Adam who is pushing the RV button...

In case you were wondering....

[DogDoc94]

I think your math is flawed.

If making 100,000 dinar per day at todays rate 1 USD = 1170 dinar, then current pay is 100,000 / 1170 = $85.47 per day

If reduce current dinar pay by 80% then now are making 20,000 dinar per day. Now RV to 1 USD = 10 dinar ( same as 1 dinar .10¢).

So 20,000 / 10 = $ 2,000 per day

My math says that is a big pay raise.

Does everyone agree with my math?

[bassthumper]

You are mixing things up badly.

You buy 1 mio dinar for 1000$ say. If the dinar rvs to 0,10$ it means your 1000$ is suddenly worth 100.000$. The only reason I would spit Dr Pepper out over that, is of sheer joy and gratitude. And a little because I hate sugar drinks that poison me :-).

The salary thing for the politicians has NOTHING to do with this.

They will be jumping for joy too. It's been explained already in an earlier post.

As for the rate: Adam is playing it cool. Why would he make you believe in 3.68$ if there is NO factual proof for this rate and he can only disappoint people.

Adam will let you get used to 0.10$ and when it RVs at 1.00$ you will love him forever. Although, it is not Adam who is pushing the RV button...

In case you were wondering....

Rossenbos, With all due respect I get all that and actually yes the salaries have everything to do with what I am trying to understand so thanks for nothing.

I think your math is flawed.

If making 100,000 dinar per day at todays rate 1 USD = 1170 dinar, then current pay is 100,000 / 1170 = $85.47 per day

If reduce current dinar pay by 80% then now are making 20,000 dinar per day. Now RV to 1 USD = 10 dinar ( same as 1 dinar .10¢).

So 20,000 / 10 = $ 2,000 per day

My math says that is a big pay raise.

Does everyone agree with my math?

DogDoc.... Again........ USD not IQD..... they are not using IQD right now and therefore all of the math is USD........ Come on....... According to what I read the reduction in pay has happened already under current currency which is USD.............

Edited September 1, 2011 by bassthumper

[Shick]

How would an 80% reduction in pay, with a $.10 RV be LOSING money?

If they made about $100 USD a day, that's 11700 dinars a day.

Reduced by 80% equals 23400 dinars.

Multiplied by $.10 equals $2340.00 USD per day.

I see your point it wouldn't be a detriment to their pay it would be a betterment. Very good math.

[bassthumper]

I see your point it wouldn't be a detriment to their pay it would be a betterment. Very good math.

an 80% reduction of 11700 would be 2340 not 23400

Edited September 1, 2011 by bassthumper

[bassthumper]

Everyone. I am sorry..... I am probably making too much out of this so please forgive me and God Bless each of you.

[dog53]

I dont no about you man but 10 cent- 25 cent thats a he(( of a payday dude for money spent. No need for the greed

5 million quarter`s . Yeah Lets see how many of those books that holds all the quarters for each state am I gonna need. hmmmmmm 52 states goes into 5 mill hmmmmmmm LOTS

[bassthumper]

I dont no about you man but 10 cent- 25 cent thats a he(( of a payday dude for money spent. No need for the greed

5 million quarter`s . Yeah Lets see how many of those books that holds all the quarters for each state am I gonna need. hmmmmmm 52 states goes into 5 mill hmmmmmmm LOTS

Man I am just still trying to wrap my head around it. I aint wanting to be greedy. As long as I can make a positive return on it I am fine with that. I trust Adam and his opinion (I respect him enuf to not call it intel) and am very grateful to have found him. I know guys that don't have it this good and choose to rely on other not so reputable sources.

[Dinariana]

fnbplanet This is part of what I am not sure of. I did my math using USD... I did it that way considering they do not use IQD as of right now. So if they reduce by 80% right now that is equated in USD. if the RV is at $0.10 USD that is a further reduction.

Say they are currently making $100,000.00 USD a year and they reduce that by 80% their salary is now $20,000.00 USD a year. If the RV occurs at a rate of $0.10 USD that makes $20,000.00 USD a year now $2,000.00 USD a year.

If you are only considering US dollars then it doesn't really matter what the IQD is worth. But I think we should assume that if they have a significant RV, they will be paid in dinars.

But back to your question, if their salary is based only on dollars and they reduce it 80%, and the IQD becomes worth about 20X more at .10 than it was yesterday...how is that bad? And in what way would it matter if they RVd at 3 dollars if their salary has no relation to the IQD?

If they are paid 20,000 dollars a year, then the IQD RVs at (x amount) their salary is still worth - 20,000 dollars a year.

Where I think you are confused is whether their salary is or is not coupled to the value of the dinar. If they are reducing their salaries before an RV, it only really makes any sense it they are being paid in dinar. They are government officials. Are they really not paid in dinar?

By the way, PTR are about as reliable as Okie, and in fact I think they work together.

[bassthumper]

If you are only considering US dollars then it doesn't really matter what the IQD is worth. But I think we should assume that if they have a significant RV, they will be paid in dinars.

But back to your question, if their salary is based only on dollars and they reduce it 80%, and the IQD becomes worth about 20X more at .10 than it was yesterday...how is that bad? And in what way would it matter if they RVd at 3 dollars if their salary has no relation to the IQD?

If they are paid 20,000 dollars a year, then the IQD RVs at (x amount) their salary is still worth - 20,000 dollars a year.

Where I think you are confused is whether their salary is or is not coupled to the value of the dinar. If they are reducing their salaries before an RV, it only really makes any sense it they are being paid in dinar. They are government officials. Are they really not paid in dinar?

By the way, PTR are about as reliable as Okie, and in fact I think they work together.

Thank you Dinariana. Sorry it has taken me a few days to get back on. I think I see what that all amounts to and thanks for answering the other question about source reliability. I don't rely on too many people giving intel unless it can be backed up and that is why I asked about that particular one.... Thanks again for your help.

[mqchau]

Man I would be grateful if we can get $0.10 - 0.30 no BS.

I'm tired of being in Afghanistan...I'm ready to come home. This place sucks

[DinarMillionaire]

I dont no about you man but 10 cent- 25 cent thats a he(( of a payday dude for money spent. No need for the greed

5 million quarter`s . Yeah Lets see how many of those books that holds all the quarters for each state am I gonna need. hmmmmmm 52 states goes into 5 mill hmmmmmmm LOTS

Now I'm really confused. Obama says we have 57 States, now you're saying 52...Did Obama give 5 of them away without telling anybody? I can still only find 50 different State quarters. Things that make ya go hhhmmmmmm.

[Captjohn]

I could not disagreee with Adam more on this point. Think about it for a moment. If the IQD came out at say, $.10, can you imagine what the whales would do to the currency. They would essentially buy-up the country of Iraq in the blink of an eye. It just doesn't make any sense. Remember that Shabibi and Saleh said that the IQD would be returned to its former "glory" Do you honestly think that glory would be 10 cents when the IQD was at approx. $3.22 before it was artifically brought down by the U.S. and IMF to its current rate......to keep wealth out of the hands of Sadaam Hussein. I could buy-in to maybe a 1 to 1 starting rate, but just can't imagine that the GOI and/or CBI is suicidal. Coming out at 10 cents IMO would be just that.

[army03]

Captjohn, I agree 100% with you and really Adam should re-look his prediction. It's not coming in that low. Maybe .86 - 1.00 but not .10 - .25..

[Caye98]

I could not disagree with Adam more on this point. Think about it for a moment. If the IQD came out at say, $.10, can you imagine what the whales would do to the currency. They would essentially buy-up the country of Iraq in the blink of an eye. It just doesn't make any sense. Remember that Shabibi and Saleh said that the IQD would be returned to its former "glory" Do you honestly think that glory would be 10 cents when the IQD was at approx. $3.22 before it was artifically brought down by the U.S. and IMF to its current rate......to keep wealth out of the hands of Sadaam Hussein. I could buy-in to maybe a 1 to 1 starting rate, but just can't imagine that the GOI and/or CBI is suicidal. Coming out at 10 cents IMO would be just that.

I am somewhat inclined to agree with you on rate being higher that the .10 - .25 that Adam generally notes when pressed for a rate, though I have seen him state "We hope near $1", (which I believe where bothy Sonny1 and Scooter expect it). However, I agree with an earlier post in this thread that notes that Adam would rather have a public opinion of .10 - .25 and then have it actually $1+/- than the other way around. I also see plenty to support that it will return to the $3+ rate (if not initially, over the next 2 - 3 years). Starting a rate at .10 - .25 would remove a huge amount of money initially (as I believe billions of D's will be cashed in, saving GOI Billions $ in the long run), and if so there will be a strong increase in value of the IRQ as the GDP increases as the currency is traded on FOREX over the next few years.