cgbrown Posted January 6, 2012 Report Share Posted January 6, 2012 Adam, if Kuwait never RV'd their currency and it just began climbing the ladder on the free market. What is to prevent the same thing from happening with the Iraq Dinar. Could they just lift the 'managed float rate' and let the open market begin to dictate the rise or fall of the Dinar?? Thanks for all your information. 3 Link to comment Share on other sites More sharing options...
BrokeNoMore Posted January 6, 2012 Report Share Posted January 6, 2012 Thanks, Adam. 1) Do you think the RV has been delayed by unexpected economic events such as the decline of the Euro? 2) Recently the World Bank put out a paper about the instability and problems with the Iraq banks. Do you think this is a factor in the delay of the RV, or do you think they need the RV to stabilize, or do you think it's irrelevant? 3) Is it correct that at the end of the year the UN gave Iraq until June to get their ducks lined up for CH VII release, and if so, can you imagine them dragging this out beyond that? 4) Do you have any real idea why they didn't RV between Thanksgiving and Christmas like the most historically conservative estimates expected? 5) Has anything changed to adjust your expectation of the RV to a dime, or do you still think that is the most likely value post RV? 2 Link to comment Share on other sites More sharing options...
fnbplanet Posted January 8, 2012 Report Share Posted January 8, 2012 Hope you and your family had a nice Army Day. Recently, the CBI claimed they were buying large amounts of dinar to control some temporary inflation, and the auctions have been quite high - yet on Friday, there was an artilcle Link that the CBI reserves just climbed to $60Billion. Where is all of that money (reserves) coming from? 1 Link to comment Share on other sites More sharing options...
oleman Posted January 8, 2012 Report Share Posted January 8, 2012 Hi Adam, Yoda brought in a great new story. I was wondering if you read this the same way I did. A member of the GOI asking that the the CBI raise the value of the Dinar to equal to the US Dollar. Thanks. 1 1 Link to comment Share on other sites More sharing options...
Maynard57 Posted January 8, 2012 Report Share Posted January 8, 2012 Hi, Adam. I expect you've already noticed a recent chat log involving Enoch, Proteus, Chuckles, BIW, et al. They have some opinions differing pretty substantially from yours regarding the prerequisites to the RV and various other things. THese guys seem fairly well read, but clearly, reasonable minds can differ. Just wondering if you care to weigh in with your impressions as to what is gonna happen with the IQD. I'll understand if you abstain. Maynard 1 Link to comment Share on other sites More sharing options...
Hawaii 50 Posted January 8, 2012 Report Share Posted January 8, 2012 HI Adam! SO ...why so many conflicting stories coming out of Iraq? Is this the Start of The Rv process to confuse everyone before it is really dropped? Link to comment Share on other sites More sharing options...
Guest Doug_W_also Posted January 8, 2012 Report Share Posted January 8, 2012 here is the link as U asked for: http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en Do you give any / Much validity to what is says in chapter 3? 3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities. Thanks for ALL you do! 1 Link to comment Share on other sites More sharing options...
jon29 Posted January 8, 2012 Report Share Posted January 8, 2012 Hello Adam, Hope you are having a great day. My question is about the Revaluation and Iraq's ability to back this. In your opinion, with Iraq's current income, the anticipated 900k barrels of oil production per day, and their annual fiscal budget and commitments, are they able to support a Revaluation of their currency if there are several trillions of dinar in circulation? Thank you in advance for your thoughts and comments. 4 Link to comment Share on other sites More sharing options...
alan_coaks_3 Posted January 8, 2012 Report Share Posted January 8, 2012 ? for adam on chat 1. One of the articals stated this - it is hoped that the project is completed within the next year to present the New Currency into the market and then gradually WITHDRAWL the OLD IQD "? whats your thoughts on that ? 3 Link to comment Share on other sites More sharing options...
Ateam Posted January 9, 2012 Report Share Posted January 9, 2012 How many readings have taken place on the HCL law? Also, is there not going to be anymore discussion on Ch. 7 until June? 1 Link to comment Share on other sites More sharing options...
TimS Posted January 9, 2012 Report Share Posted January 9, 2012 Adam, if Kuwait never RV'd their currency and it just began climbing the ladder on the free market. What is to prevent the same thing from happening with the Iraq Dinar. Could they just lift the 'managed float rate' and let the open market begin to dictate the rise or fall of the Dinar?? Thanks for all your information. Good question...what they said 2 Link to comment Share on other sites More sharing options...
hbrill61 Posted January 9, 2012 Report Share Posted January 9, 2012 Adam,I have seen it said that Kuwait may be holding up this RV due to the debt that Iraq owes them....I would think they would want to receive reparations with the Iraqi dinar as it stands now...then encourage an RV...where am I going wrong with this line of thinking? 1 Link to comment Share on other sites More sharing options...
Yrral Posted January 9, 2012 Report Share Posted January 9, 2012 Thank you for all you and your staff do for all of us. If some of us need to have financial guides for after the R/V shouldn't we get established with them before R/V? If so.. will you release a list before the R/V? Thanks again to all of you! Link to comment Share on other sites More sharing options...
winterset Posted January 9, 2012 Report Share Posted January 9, 2012 With 44 percent of the Iraq oil exports to Asia, do you see any relevance with China having any influence over this RV? January 23 is the Chinese New Year maybe thats our day Thanks Adam for all your great info, can hardly wait til wednesday's. Link to comment Share on other sites More sharing options...
sxsess Posted January 9, 2012 Report Share Posted January 9, 2012 Hi Adam, I know you are extremely busy, but did you have time to read Bondlady's chat 1/9/2012? If so, do you agree with what see was saying? Thanks very much! 1 Link to comment Share on other sites More sharing options...
cricket10 Posted January 9, 2012 Report Share Posted January 9, 2012 Hello Adam! Its so hard to understand, from one day to the next, with conflicting news reports coming out daily, what is really getting done. Are we still close or have things taken steps backwards again? I know not all news is the truth, but its getting harder to seperate fact and fiction. Thank you for your insight. Link to comment Share on other sites More sharing options...
Seabee Posted January 9, 2012 Report Share Posted January 9, 2012 Adam, I hope I am not putting you on the spot although I may be doing just that. First I do not consider you to be a pumper, but only an educated business man that is looking at the bottom line for yourself and family. I have been paying attention to your every word since early 2009 and more so since joining in Oct. 2009. You have pretty much consistantly kept everyone on a time frame or a date for an RV to happen. When that dosen't happen you have quietly moved on to another date or time frame. The last few being last September after Rhamadon (spelling) then you gave us just before Thanksgiving and now we are on a new timeframe. IMHO I would have thought the best time for an RV would hve been after the troops left theatre or Iraq upon the completion of all war activities.. Adam, is there any rationalization to all the timeframes you have picked out over the last few years and were they really relivent. Why not just pick one date be done with it? I still respect you for all the great info you put out. Dave 5 2 Link to comment Share on other sites More sharing options...
Protandim Posted January 9, 2012 Report Share Posted January 9, 2012 Adam: Bagdad TV Special on CNBC,,," The Bagdad Job" 9:00PM Eastern. This is a $ 40 Billion Dollar Money Trail .. Biggest heists of all time!!! Billions Missing!!! How will this effect the "RV"? website: http://www.cnbc.com/id/45553107 Thanks Link to comment Share on other sites More sharing options...
Papa Kilo Posted January 9, 2012 Report Share Posted January 9, 2012 Would you be willing to test your text message service? Thank you Link to comment Share on other sites More sharing options...
Candy01 Posted January 10, 2012 Report Share Posted January 10, 2012 Hi Adam, Would you kindly comment on the info below? Until they get to the legislation that Dr. MP. Haider al-Abadi stated “to liquidate the benefits of debt and the other between the dinar, the old and the new dinar” in his interview last week, the RV cannot happen. Thanks Much!! 1 Link to comment Share on other sites More sharing options...
Dinarsattva Posted January 10, 2012 Report Share Posted January 10, 2012 Hi Adam, Couple of questions for you: -Where do we stand on Ebril, HCL and Chp 7? Do you still consider these prerequisites to RV? -It seems that as soon as RV occurs, the market is going to be flooded with dinar leading to a drop in price. Also, with so many folks trying to cash out at once, I envision the Ralph Bellamy & Don Ameche nighmare scenario from 'Trading Places'of so many folks trying to place the order simultaneously that no one can get through to lock a rate. Can you explain how we will lock a rate with the banking relationships you have established for us post RV. Thanks. 1 Link to comment Share on other sites More sharing options...
countryroads Posted January 10, 2012 Report Share Posted January 10, 2012 Hi Adam. I have a question that is probably a trivia question, but it has had me curious for quit a while. The question is: most countries that put an image of a person on their money, the image is usually of someone important. So who is this person in the turban on the dinar? Thanks GO RV Link to comment Share on other sites More sharing options...
redsand Posted January 10, 2012 Report Share Posted January 10, 2012 Giants vs. Packers AGAIN. Scared? 1 Link to comment Share on other sites More sharing options...
waitingondinar Posted January 11, 2012 Report Share Posted January 11, 2012 Hi Adam, with the recent purchases of De la Rue machines (10 of them) and the ordering of the 16+ fighter jets, don't the Iraqi's need to get this RV going pretty quickly? Also, Visa cards were issued to the Iraqis which are recognized internationally. Doesn't that also make a good case to get the RV going NOW?? thanks Link to comment Share on other sites More sharing options...
Shick Posted January 11, 2012 Report Share Posted January 11, 2012 WITH ALL THE LATEST NEWS THAT'S CIRCULATING ADAM, CAN YOU MAKE THIS ROAD A LITTLE REASURING TO US INVESTORS AND SELF? THIS TRIP IS GETTING A LITTLE BUMPY. PEACE! GOD BLESS YOU AND FAMILY. Link to comment Share on other sites More sharing options...
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