Popular Post kcw Posted December 21, 2011 Popular Post Report Share Posted December 21, 2011 [Adam Montana] I'm going to get straight to this [Adam Montana] first - I want to let you all know that I don't think anything is happening before the end of the year [Adam Montana] simple reason: The WORLD banking systems need to all be on board and ready to cooperate with a major change in the Iraqi Dinar [Adam Montana] and with Christmas, NYE, the withdrawal of the troops, the political MESS going on in Iraq right now - I just don't see it happening immediately [Adam Montana] HOWEVER, don't despair! I'm not throwing the towel in by any means, in fact - I LOVE what I'm seeing [Adam Montana] let's analyze the entire situation from a rational point of view [Adam Montana] first, with a major change in the IQD value there is going to be a ton of scuttlebutt in the power areas in not only Iraq, but also every major agency that benefits or is affected by a major change in wealth [Adam Montana] a TON of it! Everything we're seeing right now is indicative of a major change coming soon, and I absolutely love it! [Adam Montana] you should too - for those of you that are new to this investment, "patience" is the word of the week, EVERY week [Adam Montana] for those of you that are not new to the investment, you know this already... but you should see it just like I do [Adam Montana] this change, this ruckus, and these "big" news events are all significant [Adam Montana] and they signify a coming change [Adam Montana] so, which way is that change going? [Adam Montana] look at the basics, as always. Nothing about the basics has changed [Adam Montana] Iraq is still moving forward, from a very very low point to a very stable and capable state [Adam Montana] that means PROGRESS is being made, not the opposite [Adam Montana] here's a great article that came out just recently: [Adam Montana] http://iqd.me/l/13s [Adam Montana] lots of great comments there too [Adam Montana] ok, so with all that said - I'm behind on shopping still, and it's the holidays... so I'm going to make this chat a little shorter [Adam Montana] kcw, let's blaze through these questions. OH! And before I forget, MERRY CHRISTMAS to all of you that read this, your families, and God bless this beautiful country, our troops, and our vets everywhere [kcw] Elixirbaby I heard you sister is Hannah Montana. Can I get an autograph? Just kidding. Just wanted to say thanks for this forum and the mods for all they do. Merry Christmas. Go RV [Adam Montana] I think it's been over a year since anyone brought her into this chat room! [Adam Montana] thanks for the laugh, and Merry Christmas to you too [Adam Montana] next please [kcw] SINGH I understand smoke and mirros, follow the money thing, but with all this in-fighting and arrest happening, do you think Maliki is cleaning house of the bad apples, for the betterment of the country/people or is he playing a dictator role? [Adam Montana] this is a great question [kcw] Thanks in advance for answering and if not still thank you for all you do. (forgot the last part) [Adam Montana] I'm not going to specifically point at Maliki, but YES house cleaning is going to happen. Heads will roll, people will be removed from power, changes will happen, and we are just seeing the start of some major changes [Adam Montana] if you're ever bored and want to learn about what's going on right now behind the scenes in Iraq [Adam Montana] check out these two books: [Adam Montana] 1. 48 laws of power by Robert Greene [Adam Montana] and [Adam Montana] give me a minute, I'll remember it in a second. The word is escaping me [Adam Montana] next please kcw, I'll come back to that one [kcw] chess Adam: Parliament out till 01/03/12 (?)....does that halt a RV until at least after then? [Adam Montana] In a word - yes. Not just because of the recess, but because everything has to take it's course [Adam Montana] one thing to keep in mind is that the fiscal year begins Jan 1. Since we don't expect to see a resolution to ALL of this by then, we're looking at LEAST 2 weeks out. [Adam Montana] I know the other sites are going to slam me for that, but I'm not here to yell "RV TOMORROW" when I know it's not going to happen [Adam Montana] next please kcw [[kcw] OregonHopeful Adam, since it is illegal to transport large amounts of IQD out of Iraq, how do the dinar dealers get all the dinar they sell? [Adam Montana] That's kind of a funny question, because it's one of the truly confusing things about the Paper Dina [Adam Montana] it's kind of like a "We reserve the right to refuse service" [Adam Montana] that allows them to get a better grip on counterfeiting, illegal activity, etc [Adam Montana] the dinars that the dealers in the US sell are legally obtained with the permission of the CBI [Adam Montana] I know that doesn't explain the complete policy that you're looking at [Adam Montana] but I hope it reassures you that you aren't buying something that is illegal [Adam Montana] next please [kcw] gakman Adam: In the last week there seems to be a rapid shift in negative articles hitting the press. Examples: No release from Ch. 7, Allawi has returned and is fighting with Maliki, Maliki assasination attempt, Parliament- since one bloc has pulled out; no quorum is established- another recess until January 3rd, HCL cannot even be discussed- how is it going to be voted on and passed? Seems a lot of turmoil as of late- your houghts? Thank you [Adam Montana] yep! Lots of turmoil [Adam Montana] and I love it [Adam Montana] we're going to see it get even crazier before they roll out the red carpet [Adam Montana] but it's something that simply has to happen [Adam Montana] at this time, Iraq is still perfectly stable and I don't see anything to worry about [Adam Montana] so, in my opinion - the crazier the better! Because the sooner they get their affairs in order, the better [Adam Montana] and we all know the "status quo" of the last few years didn't spark the RV [Adam Montana] so I am excited to see some major news [Adam Montana] call it smoke, call it necessary, call it whatever you want - the bottom line is things are moving [Adam Montana] and I am happy with that [Adam Montana] next please [kcw] swtdesign Adam, thank you for your assistance. I have a question about the speculation rate of .10. If Iraqi wants to secure the dinar that is in circulation, don't you think a 1:1 rate would be a better place to start? If it is .10 and buy back at bank is .085 minus cost of dinar and cost of dinarvets (good investment) and taxes; at 20 thousand per 500 I will reinvest and sit another 2 years. So how will that help them? I'm on econ 101, thanks. [Adam Montana] This is also a good question [Adam Montana] I wrote a thesis on it a few weeks back - check my blog for it [Adam Montana] basically - a 1:1 RV would work, and it would be great, BUT Iraq is missing out on potential profits if they do that. [Adam Montana] a .10 RV would also be great and would work just as well, the difference is the CBI can make extra money by charging a spread on people cashing in MULTIPLE TIMES [Adam Montana] if the RV hits at a dime, you're probably going to cash in some, then wait to see if it goes up. If it does, you just might buy some more. I know I will! [Adam Montana] the CBI can easily make 10X the money by coming out low and then raising it slowly and methodically [Adam Montana] the other side of the coin is that if they come out at a straight 1:1 value, it will be easier to educate the masses and might result in a more stable dinar [Adam Montana] either way we make money, so... I guess we wait and see [Adam Montana] next please [kcw] quadkidd1 Adam, Have you heard the Glen Beck conversation where he starts to discuss (a currency) not named that could have a great return and then says he will look into it more and comment next week about it.... and then nothing else was ever brought up again about this topic ? If so what do you make of this ? Thanks in advance [Adam Montana] [Adam Montana] I think Glenn Beck was about to talk about the Dinar [Adam Montana] and then realized how complicated the subject actually is [Adam Montana] and backed off [Adam Montana] he's a smart man - you don't get his ratings by doing foolish things [Adam Montana] by the way, the other book I was going to suggest is "The Perfect Courtier" by Baldassare Castiglione [Adam Montana] look it up, it's an interesting read and may help a lot of people understand what is going on behind the scenes as Maliki and the rest of the "power players" in Iraq struggle for the top seat. [Adam Montana] When I say "top seat", I'm not talking about Presidency or Director or a "title" [Adam Montana] I'm talking about the true power, because there is a LOT of "behind the scenes" power at stake here. [Adam Montana] next please kcw [kcw] javantez hi adam my question is if iraq decides to rv incountry those of us who live in the us how would that affect us ? [Adam Montana] uh oh... you're not going to like this [Adam Montana] if they RV in country, we're probably screwed. [Adam Montana] next please [kcw] pattyangel I was hoping that we wouldn't have a chat this time around, but more of a celebration. You said that the UN had to officially announce Iraq a Fully Sovereign Country and everything should follow through, do you still stand firm on this? MERRY CHRISTMAS TO YOU AND FAMILY [Adam Montana] I do! Even with everything happening at the local level in Iraq, the UN still needs to sign off and approve a full release from Chapter 7 [Adam Montana] again, I still don't see anything to worry about - once the dust settles over these last few issues, there is nothing that should stop the UN from signing off on that [Adam Montana] Iraq deserves it, the world will benefit, and it's just a short matter of time [Adam Montana] next please [kcw] pluMmet Hey Adam- Something seems strange to me.. In this article that came out after the whole trying to kill Maliki thing a GOI rep said the following "political crisis taking place now in Iraq has affected negatively on the Iraqi dinar exchange rate and the dinar fell by 4 percent during the past two days." As we can see the CBI remains unchanged yet as I reflect I seem to recall similar statements of fluctuations in the recent IQD news (past few months.) Where are these fluctuations being felt if not in our ordering of IQD and not on the CBI website? p.s. MODs rule [Adam Montana] MODs rule l0psters drool? [Adam Montana] This is a non-issue, when you take into account everything else that is going on [Adam Montana] a lot of currencies took a hit this week [Adam Montana] if you go back to that other article I mentioned at the beginning of this chat [Adam Montana] you'll see that even though things go up and down, the CBI still has a tight grip on their money supply, the value of it, and the future value [Adam Montana] next please [kcw] marnie Thank you Adam in advance for all your knowledge. Adam, In your opionion is the RV a part of the "plan" to deal with the global Financial Crisis? (i.e. bailout for European debt) If so, certainly will only be short term solution for a country that has gone from being the biggest "lender" to the biggest "borrower". [Adam Montana] hmm... ok, let me approach this from two angles [Adam Montana] #1, the Dinar is going to help the entire world - YES. [Adam Montana] but #2, I don't buy a large conspiracy theory that is putting the Dinar as the economic savior [Adam Montana] the Dinar will go up because of GREED, not because of CRISIS. [Adam Montana] in this case, the end result is the same - to quote Michael Douglas in Wall Street - "Greed is good". [Adam Montana] next please [kcw] waitingondinar hey Adam, I have read in one of the posts that this process could take to 2013?? With all the latest negativity,regarding Mutlaq and Malaki,and Hashemi, can this process continue to an RV? Does it appear at this point in time that 2011 is not in the cards for an RV? [Adam Montana] I don't see an RV in 2011 - they missed a critical window over the last 30 days [Adam Montana] Sorry to be the bearer of that opinion [Adam Montana] "Could" it take till 2013? Sure..... but I don't think it will. They are too close, too many things are ripe, and there are too few reasons to push it back that far [Adam Montana] It's not a concrete answer, but I hope it helps [Adam Montana] next please [kcw] luckyone Hi Adam, I have heard several times in this forum that if there is an RV first then there won't be a bunny-ear/RD later. What is your take on this? Thanks and have a good xmas. [Adam Montana] I agree with that [Adam Montana] except the RD part [Adam Montana] if they RV tomorrow [Adam Montana] they MUST issue new denominations [Adam Montana] so if that's what you consider an RD, then YES there will simply be an RV, then an RD [Adam Montana] but they would happen almost simultaneously [Adam Montana] so when an Iraqi citizen cashes in a 25k note [Adam Montana] they will have to get smaller notes in return [Adam Montana] hopefully that makes sense. Basically, I'm just saying that an RD does not mean a loss of value [Adam Montana] [Adam Montana] next please [kcw] truthful1 Adam, when you hear, parliament agrees with the need to delete the three zeroes, what is your understanding of this type of statement, rv or bunny-ear? Thanks for all you do here at dv, and the time you spend answering questions. Happy holidays! [Adam Montana] I don't believe a word they say [Adam Montana] they say one thing on Monday, then another on Tuesday, deny they said i on Wednesday, then take a break on Thursday [Adam Montana] you really can't pay attention to every article they put out. Look at what's actually happening, and you'll see that they are simply moving forward. [Adam Montana] ok everyone, I think that's it! I want to wish you a Merry Christmas, a happy new year, and I hope I'm wrong about my timeline. [Adam Montana] but if not, cherish your loved ones, don't let the holidays drive you crazy, and GO RV!!!! 22 Link to comment Share on other sites More sharing options...
fnbplanet Posted December 21, 2011 Report Share Posted December 21, 2011 [Adam Montana] they say one thing on Monday, then another on Tuesday, deny they said i on Wednesday, then take a break on Thursday and are scheduled off on Friday. True Dat. 1 Link to comment Share on other sites More sharing options...
precious1 Posted December 21, 2011 Report Share Posted December 21, 2011 (edited) Thank you kcw for the posts and Adam for your committment to keep the focus and keep things real! Merry Christmas to all! Edited December 21, 2011 by precious1 1 Link to comment Share on other sites More sharing options...
TPSprayduster Posted December 21, 2011 Report Share Posted December 21, 2011 That in country RV does not sound good. Hopefully it does not come to that. 3 Link to comment Share on other sites More sharing options...
bamagirl Posted December 21, 2011 Report Share Posted December 21, 2011 Thanks Adam and kcw, as always great chat...Adam you have a truly amazing site here..thanks!! 3 Link to comment Share on other sites More sharing options...
Abarvets Posted December 21, 2011 Report Share Posted December 21, 2011 Thanks Adam, as always appreciated. Have a very Merry Christmas and a joyous New Year. 2 Link to comment Share on other sites More sharing options...
cslewis Posted December 21, 2011 Report Share Posted December 21, 2011 So, an "in country" RV scenario is possible? I thought that if you hold hard currency, it has to have the same value everywhere. I have obviously missed something. 6 Link to comment Share on other sites More sharing options...
Shabibilicious Posted December 21, 2011 Report Share Posted December 21, 2011 (edited) Thanks for the morning chat Adam.....informative and uplifting as usual. Merry Christmas to you and yours. Also, sorry for your loss of a PERFECT PACKER season. jk GO RV, then BV Edited December 21, 2011 by Shabibilicious 2 Link to comment Share on other sites More sharing options...
wealthhound Posted December 21, 2011 Report Share Posted December 21, 2011 Many thanks Adam and kcw! I'm very thankful that this endeaver continues to move in the right direction. Praise the Lord!!! I'm going to take a break from watching this sight for a few days...I'm going to focus on being thankful for what I have, a loving family, a house over my head and health...really, what more could I ask for? Heartfelt Christmas or Holiday blessings to each of my DV family members...lets go make some holiday memories to treasure! Wealthhound 9 Link to comment Share on other sites More sharing options...
javantez Posted December 21, 2011 Report Share Posted December 21, 2011 thanks again adam 1 Link to comment Share on other sites More sharing options...
quadkidd1 Posted December 21, 2011 Report Share Posted December 21, 2011 Adam, Thanks for adressing the Glen Beck question I had posted. If you or any of the other DV members hear of any more discussion from GB then please post it here. And I know you will !!! Thanks! Quad 2 Link to comment Share on other sites More sharing options...
umbertino Posted December 21, 2011 Report Share Posted December 21, 2011 So, an "in country" RV scenario is possible? I thought that if you hold hard currency, it has to have the same value everywhere. I have obviously missed something. Agreed. Sounds like a major shaft if that'd be the case.... I hope not. 2 Link to comment Share on other sites More sharing options...
marknet73 Posted December 21, 2011 Report Share Posted December 21, 2011 (edited) Great info Adam. Hopefully a little greed will benefit us all in this case. Hopefully some positive action in 2012! Edited December 21, 2011 by marknet73 2 Link to comment Share on other sites More sharing options...
Argyll Posted December 21, 2011 Report Share Posted December 21, 2011 Thank you for all the information! And as usual KCW you did a Great Job!!! 1 Link to comment Share on other sites More sharing options...
fayefaye Posted December 21, 2011 Report Share Posted December 21, 2011 thanks for the chat Adam & kcw... guess I will have to wait until Easter for my turducken......not going to be this Christmas... Happy holidays to one & all x x x GO RV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 1 Link to comment Share on other sites More sharing options...
GIVINGisGREAT Posted December 21, 2011 Report Share Posted December 21, 2011 Thank You Sir! Merry Christmas to all! 1 Link to comment Share on other sites More sharing options...
SINGH Posted December 21, 2011 Report Share Posted December 21, 2011 Thank you Adam. I have a good grasp on what true "POWER" means. I just hope that whoever holds the true "POWER", is using the "POWER" for the better. Again Thank you!!!!!!!!! 1 Link to comment Share on other sites More sharing options...
okane Posted December 21, 2011 Report Share Posted December 21, 2011 So, an "in country" RV scenario is possible? I thought that if you hold hard currency, it has to have the same value everywhere. I have obviously missed something. After selling to banks around the world ... what a marketing nightmare! Who would trust you? 4 Link to comment Share on other sites More sharing options...
snerha Posted December 21, 2011 Report Share Posted December 21, 2011 2011... Packers first loss. Adam predicts no RV in 2011. 2012... Packers win Super Bowl. RV happens in 2012. Merry Christmas & Happy New Year! 4 Link to comment Share on other sites More sharing options...
powerpager Posted December 21, 2011 Report Share Posted December 21, 2011 Great info & Chat !!! 1 Link to comment Share on other sites More sharing options...
Shick Posted December 21, 2011 Report Share Posted December 21, 2011 THANKS ADAM, WILL BE MEETING YOU SOON. GOD BLESS, AND YOU AND YOURS HAVE A VERY MERRY CHRISTMAS AND A HAPPY NEW YEAR! GO RV GO! 1 Link to comment Share on other sites More sharing options...
LDJ Posted December 21, 2011 Report Share Posted December 21, 2011 AM, Thanks for the chat/update. I think when you consider all the voices out there we (non-gurus) have a good source here @DV that is trying to provide balanced conservative thought as one can probably be on a tilt-a-whirl ride/subject/country issue. A far cry from "I am expecting a call any minute from a friend, who saw a friend that was in a bank that had a blank screen" 1 Link to comment Share on other sites More sharing options...
DinarThug Posted December 21, 2011 Report Share Posted December 21, 2011 Thx for the post kcw + Thx Adam. With All the Turmoil With the GOI + the Likelyhood of an RV Pushed Back Until After the 1st of the Year: It's Best To Make Merry and Pass the Eggnog ! B) 2 Link to comment Share on other sites More sharing options...
rhoda1 Posted December 21, 2011 Report Share Posted December 21, 2011 THANKS ADAM, Happy Holidays to you and your family!! 1 Link to comment Share on other sites More sharing options...
behaviorkat Posted December 21, 2011 Report Share Posted December 21, 2011 Thanks Adam! Fa la la.... - la la la la :D :D 1 Link to comment Share on other sites More sharing options...
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