Adam's Official Chat 1/11/12

[kcw]

[Adam Montana] Here we go

[Adam Montana] There are a few VERY intelligent questions from the members this week

[Adam Montana] I deleted a few of the repeats

[Adam Montana] and I am going to refrain from commenting on other people's opinion

[Adam Montana] so if you asked "Hey Adam, what do you think about (Insert Guru)'s opinion?"

[Adam Montana] don't take it personal

[Adam Montana] I just don't comment on other comments

[Adam Montana] To make this very easy for you all - I'm just as excited about the Iraqi Dinar today as I was this time last week.

[Adam Montana] We're on the edge of great news, and it can be hard to be patient - but that's our only option

[Adam Montana] so, keep the course, don't get buried in rumors, and let this thing take it's course

[Adam Montana] that's enough rambling from me, kcw I'm ready when you are!

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[kcw] TonyDownTheShore Adam is it possible that HCL, Budget and chapter 7 could have been done behind the scenes and just waiting for China to broker a deal ? because there are a lot of rumors that China holds the key to the rv.

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[Adam Montana] Big, emphatic, capital letters on this one: YES!

[Adam Montana] China is more powerful than many people give them credit for

[Adam Montana] and although China doesn't have the "key" to the RV, it is extremely likely that the HCL, Budget, and Chapter 7 are intertwined with global factors SUCH AS CHINA

[Adam Montana] very intelligent question, thank you!

[Adam Montana] I am keeping an eye on China/Iraq related news for this very reason

[Adam Montana] next please

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[kcw] jbrimeyer Adam, What is your say on this. The 5/3rd bank in Rockford Illinois has informed us that they will no longer be selling or cashing in iraqi dinars. Their corporate office decided to wash their hands of them. What do you make of this?

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[Adam Montana] I don't see any reason to give it too much thought

[Adam Montana] quite honestly, I'm sure they are tired of taking calls from people asking their tellers when they expect the RV to be announced

[Adam Montana] and from a business standpoint, it makes sense to publicly announce that they don't want anything to do with the Dinar

[Adam Montana] in other words, they are saying "Stop wasting our time until the RV actually happens. Would you like to buy a CD at .0001% interest instead?"

[Adam Montana]

[Adam Montana] next please

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[kcw] cricket10 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.

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[Adam Montana] hey Cricket, thanks for the question

[Adam Montana] conflicting news out of Iraq is nothing new, and it's never going to stop

[Adam Montana] to answer your question

[Adam Montana] we are indeed closer

[Adam Montana] and I don't see anything that says we are backsliding

[Adam Montana] of course - if you look for the negatives, you can find them

[Adam Montana] but a realistic "big picture" analysis of the situation tells me we are still on track

[Adam Montana]

[Adam Montana] next please

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[kcw] Hawaii 50 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?

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[Adam Montana] Shoot! I thought I deleted all the duplicates.

[Adam Montana] see my previous answer

[Adam Montana] next please!

[kcw] jon29 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.

[Adam Montana] I don't like it when people answer a question with a question, but I'm going to do it anyway

[Adam Montana] the US has almost trillions of dollars in debt

[Adam Montana] how are we able to maintain the value of the USD with all that debt?

[Adam Montana] it's money we owe, which must be paid, right?

[Adam Montana] most lopsters hate this argument... because they are assuming and arguing that when you take your dinars to cash in, the banks won't be able to give you a wheelbarrow full of USD or other cash

[Adam Montana] therefore the RV is impossible, right?

[Adam Montana] WRONG.

[Adam Montana] that argument is flawed because they don't have to give you a bucket of cash

[Adam Montana] they credit it to your account in digital form

[Adam Montana] hope that helps, although I know the lopsters don't want to hear it

[Adam Montana] next please!

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[kcw] Ateam How many readings have taken place on the HCL law? Also, is there not going to be anymore discussion on Ch. 7 until June?

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[Adam Montana] unfortunately only 1 reading as of today

[Adam Montana] and they have said nothing further would be discussed until June

[Adam Montana] but again, look at all the conflicting stories

[Adam Montana] and use your own judgment

[Adam Montana] do you REALLY think they are going to ignore Chapter 7, or the HCL, if they are truly intent on revaluing their currency?

[Adam Montana] I do not care what that one article said - if they are going to RV, they are going to address Chapter 7 and the HCL before June.

[Adam Montana] end of story.

[Adam Montana]

[Adam Montana] next please!

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[kcw] hbrill61 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?

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[Adam Montana] Kuwait definitely wants to keep Iraq under their thumb for as long as possible!

[Adam Montana] you are correct to see that angle

[Adam Montana] Kuwait held things up for a long time

[Adam Montana] and Kuwait used to hold the biggest vote when it came to keeping Iraq under Chapter 7

[Adam Montana] but in the last few years

[Adam Montana] we've seen Kuwait come to the table with the same arguments

[Adam Montana] and the UN is not giving them the same consideration as they used to

[Adam Montana] which means Iraq is much closer to being out from under all Chapter 7 sanctions IN SPITE of Kuwait's resistance

[Adam Montana] great observation

[Adam Montana] next please

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[kcw] Yrral 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!

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[Adam Montana] Hey Yrral, good question

[Adam Montana] if you're referring to the people I have lined up to help our VIP members

[Adam Montana] this is similar to the banks

[Adam Montana] the banks don't want to deal with the dinar before it RV's - we don't know the rate and it's a waste of their time to answer questions on a speculation

[Adam Montana] and the advisers, investors, attorneys, and tax professionals I have personally interviewed feel the same way

[Adam Montana] they keep up with the news

[Adam Montana] I provide them with updates on a regular basis

[Adam Montana] and they are prepared to give our VIP members the absolute best planning and action materials available

[Adam Montana] but they don't want to be bothered until the currency actually RVs

[Adam Montana] more info on all of the VIP planning here: http://iqd.me/l/faq

[Adam Montana] next please, kcw!

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[kcw] winterset 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.

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[Adam Montana] already answered the China question

[Adam Montana] next please!

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[kcw] Papa Kilo Would you be willing to test your text message service?

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[Adam Montana] already did, papa kilo! Received confirmation from the software on 1000 out of 1000 numbers, the text went to people all over the world.

[Adam Montana] I won't be testing it again, the software and system is bulletproof

[Adam Montana] by the way, for those unfamiliar with the service

[Adam Montana] all VIP members here will get a text message when the RV is announced

[Adam Montana] this is free and part of the VIP package

[Adam Montana] if you're not VIP but still want a text message, you can sign up for it here:

[Adam Montana] http://iqd.me/l/1text

[Adam Montana] next please

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[kcw] countryroads 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?

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[Adam Montana] i love this question! I actually wondered the same thing many years ago

[Adam Montana] the guy was actually a physicist

[Adam Montana] If you're referring to the 10k note

[Adam Montana] who thought he could control the NILE river

[Adam Montana] when he realized he was wrong, he tried to disappear from the public eye by feigning madness

[Adam Montana] that's your trivia fact for the day

[Adam Montana] next please!

[kcw] redsand Giants vs. Packers AGAIN. Scared?

[Adam Montana] a little

[Adam Montana] next please!

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[kcw] waitingondinar 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??

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[Adam Montana] One word: yes!

[Adam Montana] I could go on and on about this one, but we're keeping chat short... so NEXT!

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[kcw] Shick 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

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[Adam Montana] Shick, I understand the concern... but I don't think it's any bumpier than at any time in history

[Adam Montana] in fact, it's a lot smoother lately than ever before in my opinion

[Adam Montana] it's actually QUIET out there lately, compared to years past!

[Adam Montana] so if it's any consolation... I'm very happy with the current news and overall picture

[Adam Montana] Iraq is moving forward at a very steady pace and I'm happy with that.

[Adam Montana] (I'd be happier with an RV tomorrow, but I know I must be patient)

[Adam Montana] that was the last one! Thank you all for the great respect, I hope you are having a great year so far, and if someone could get a note to Iraq and let them know they can go ahead with the RV now... that would be great

Topic: open floor

[TonyDownTheShore]

Short and sweet, Adam's still exited so all we can do is wait, thanks Adam.

[Bulls 2011]

Thanks for the info and all that you do for us:)

[Papster]

thanks kcw for the post...........nice chat adam.......glad to see you are still excited............GO DINAR

[tim5400]

thanks Adam.....good post

[Maserati]

Thanks Adam. The comment on China was very interesting.

Way to keep us positive.

Go Rams. OOPS! I thought it was still 1999!!!

[Fred A]

Hmmm ive had my cell number on the list for a while now and i found out not long ago, that i dont or cant get text from certain cell places. So after reading about the 1000 text going out that may be true but receiving them is or may different. it seems i wont get mine but it will go out and say so. Now i may have to be considering another way to get a text.or just keep looking here. now a email will be much better, an di hope thta will be working ok too.email alerts are more reliable for me.

[lotsofdinar]

This is confusing. Perhaps I'm reading Adam wrong:

[Adam Montana] I don't like it when people answer a question with a question, but I'm going to do it anyway

[Adam Montana] the US has almost trillions of dollars in debt

[Adam Montana] how are we able to maintain the value of the USD with all that debt?

[Adam Montana] it's money we owe, which must be paid, right?

[Adam Montana] most lopsters hate this argument... because they are assuming and arguing that when you take your dinars to cash in, the banks won't be able to give you a wheelbarrow full of USD or other cash

[Adam Montana] therefore the RV is impossible, right?

[Adam Montana] WRONG.

[Adam Montana] that argument is flawed because they don't have to give you a bucket of cash

[Adam Montana] they credit it to your account in digital form

[Adam Montana] hope that helps, although I know the lopsters don't want to hear it

[Adam Montana] next please!

So, does this mean that Iraq is going to RV by creating trillions of dollars of debt? That can't be right.

[precious1]

Thanks for the post kwc and the great chat Adam, it is always a reassurance to hear your thoughts!

[fayefaye]

Thanks Adam & kcw for the chat...

all sounds great to me..

GO RV !!!!!!!!!!!!!!!!!!!!!!!!!!!

[Argyll]

once again...Well Done! Thank you Adam for the chat & Thank you kcw for the post!

[DinarDiva007]

Thanks Adam for the chat and for explaining the LOPsters fears away. It finally clicked for me and now I get it. They will make a lot on the RV why would they LOP.

Hmmm ive had my cell number on the list for a while now and i found out not long ago, that i dont or cant get text from certain cell places. So after reading about the 1000 text going out that may be true but receiving them is or may different. it seems i wont get mine but it will go out and say so. Now i may have to be considering another way to get a text.or just keep looking here. now a email will be much better, an di hope thta will be working ok too.email alerts are more reliable for me.

It seems I saw somewhere the text msg is only to tell people it RV'd and to check your email. So since you get email you should be fine.

GO RV ALREADY~!!!

[dweave69]

Thanks for the post. China is important, so is Kuwait and Iran. Time will tell.

[rvb4jan1]

Thank you, Adam.

[Guest Doug_W_also]

This was just posted in the Chat room :

January 10th, 2012 05:26 pm A grim Ministry of Finance report prepared for Prime Minister Putin is warning today that the decision by Iran to cease taking US Dollars for its oil could very be the “first shot” fired in World War III, and one which Russia will be blamed for by the Obama regime. According to this report, Iran swiftly countered planed US sanctions against its Central Bank yesterday by announcing that it will no longer accept the US Dollar as payment for its oil shipments to India, Japan and China, and further announced that bilateral trade between itself and Russia will, also, break from the US Dollar for settlement in favor of the Iranian Rial and Russian Rubles.

I, for one, do NOT like that kind of sabre rattling!

[bigdaddydm11]

Thanks for all the good info. I enjoy reading all these chats. Since I am from Louisiana, just let me say...Geaux Saints!!

[powerpager]

Thanks, Great up to date CC !!!

[Caye98]

TY kcw & Adam!

[mkelly]

reat chat with very astute questions. Adam, thanks for all you do. GO RV!!

[blugrass60]

Thanks Adam and kcw! I'm still pumped about this investment

GO RV

[Abarvets]

Thank you Adam and KCW for posting. Next week will have great news I am sure JMHO! :)

[Hearts]

One of the comments was that Iraq is making 900,000 barrels per day. According to Dr. Michael Economides, head of the Petroleum Engineering Dept at the University of Houston, Iraq is making about 2.7 million barrels per day and can increase to 5 to 6 million barrels per day fairly easily (lots of investment dollars, though).

[pattyangel]

[Adam Montana] we are indeed closer

[Adam Montana] and I don't see anything that says we are backsliding

[Adam Montana] but a realistic "big picture" analysis of the situation tells me we are still on track

[Adam Montana]

I'll take it.

[DinarThug]

China Raised The Value of The Yuan to an All Time Record High About a Week Ago.

They Would've Made This Move With Several Goals In Mind.

Hopefully 1 of Them Was As a Positive Preemptive Move For A Prospective RV !

Thx for the post KCW + Thx for the Great Chat Adam !

[TonyDownTheShore]

I have to disagree with Adam, he said he was a little scared of the Giants, I think he should be very scared ( maybe)

GO GIANTS

GO RV

ps: I'll take the rv over a Giants win