Dinar Speculation | Iraqi Dinar News

First update of 2012! Dinar News.

January 4, 2012 14 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/2cf0faHeQf4/

First – Happy New Year! I hope your holiday was safe, you were

surrounded by loved ones, and your 2012 is off to a great start!

I have good news and bad news.

Bad news: The Dinar didn’t RV in 2011, and as of today it has not RV’d in 2012.

Well, you probably knew that, so let’s move on.

Good news: Where do I start?!

Iraq made so much amazing forward progress last year I could

spend hours listing the details. I could literally go on for pages

and pages!

Here is a short list of some current FACTUAL news articles. (You

don’t get any of that “my brother knows a banker” stuff from me.

Love it or leave it!)

1. The US troops are out of Iraq, home safe. (To our troops: THANK

YOU for your service!)

2. We have an official draft of the HCL. Link: http://iqd.me/l/14b

(With any luck, it will be posted in the Gazette shortly!)

3. Another good article about the gas law: http://iqd.me/l/149

4. IMF and Iraq are in agreement on the Iraqi budget. Link: http://iqd.me/l/14a

5. We have news that Iraq is ready to boost their production by

900 million barrels PER DAY. Link: http://iqd.me/l/145

6. Ministry of Foreign Affairs is discussing Chapter 7… TODAY.

Link: http://iqd.me/l/146

7. They know that they are facing inflation unless they figure

some stuff out. Link: http://iqd.me/l/147

8. Another good article on Chapter7: http://iqd.me/l/148

What does all this tell us? It tells us Iraq is on the verge of taking

that one last step forward. It tells us this as plain as day, in my

opinion!

With all this good news out there, I am going to offer a limited

time discount to join my VIP group. In my VIP group, you are going

to have access to ALL of the Post RV investments I’ve put together

for after the RV, access to all of the professionals I have personally

selected for their expertise in our investment, and much much more!

So, to ring in the new year with a great deal, I encourage you all to

take advantage of a 20% coupon. This will apply to ANY VIP upgrade,

even the Platinum Lifetime VIP! At this time, we are also able to throw

in a free 1000 Dinar Note along with your Platinum Certificate.

Go Iraq, Go HCL, Go Chapter 7, GO RV!!!!!!

Here’s that discount:

Link: http://iqd.me/l/order

Code: 20for2012

Once you are a VIP member, go to the following link and enter your

phone number. When the RV is announced, you will get a text

message alerting you to check your email.

I will be sending all VIP members a constantly updated list of banks

cashing us in, where to use your VIP Certificate to get the best rate,

the latest on any tax laws or cash in issues, and much more.

Here’s that link: http://iqd.me/l/text

(Note: All members can enter their phone number, but only VIPs and

Platinum VIP members will get the text.)

Last but not least… here’s my most recent chat from this morning: http://iqd.me/l/14c

Happy New Year, everyone!

- Adam Montana

This entry was posted on Wednesday, January 4th, 2012 at 10:51 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Filed Under Dinar Speculation Tagged With 2012, dinar, First, News, Update

Statement by IMF Managing Director Christine Lagarde on Iraq

December 13, 2011 4 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/VShWwax1suY/

FYI:

Statement by IMF Managing Director Christine Lagarde on Iraq
Press Release No. 11/465
December 13, 2011
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement after a meeting with H.E. Nouri Al-Maliki, Prime Minister of Iraq in Washington today:
“It was a pleasure to meet Prime Minister Al-Maliki today. Over the past several years, Iraq and the International Monetary Fund have engaged in a very successful partnership, anchored by successive IMF-supported economic programs. This partnership has facilitated substantial debt relief and helped achieve macroeconomic stability, including a strong dinar, low inflation, and a resumption of economic growth, in a very challenging political and security environment.
“Prudent fiscal policies are essential to maintaining macroeconomic stability and fostering inclusive growth. In this context, I am very encouraged by the government’s new budget proposal for 2012 that was recently submitted to the Iraqi Council of Representatives. The proposal aims to restrain the growth of current spending, thus freeing up resources for infrastructure investment and social support, while limiting the size of the budget deficit. The proposed budget would allow the current Stand-By Arrangement (SBA) to continue to provide a safety net to the budget in case oil revenues were to fall sharply.
“Promoting policies that lead to more inclusive growth is central to our engagement with Iraq. We are working closely with the Iraqi government to rebuild its essential economic institutions to help improve economic management and public service delivery. The current SBA offers a framework for Iraq’s structural reform agenda, by promoting better public financial management, including the management of Iraq’s hydrocarbon resources, and developing a financial sector that can support private sector activity and job creation. We look forward to further progress in these areas.
“We remain committed to helping Iraq in its efforts to foster sustained and inclusive economic growth, generate viable employment opportunities, and improve living standards for all Iraqis. An IMF staff mission is scheduled to meet the authorities in January to discuss progress under the program and next steps.”

Cabinet oks first draft on investment law

This entry was posted on Tuesday, December 13th, 2011 at 3:53 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Filed Under Dinar Speculation Tagged With Christine, Director, Iraq, Lagarde, Managing, Statement

11-2-11 official Wednesday chat

November 2, 2011 2 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/H28GrrmjQa4/

[Adam Montana] so good morning everyone!
[Adam Montana] There is a long list of questions from the members this morning
[Adam Montana] first, a quick summary
[Adam Montana] we all know parliament is on a break right now
[Adam Montana] and technically nothing should be getting done
[Adam Montana] but we also know Iraq does everything backwards
[Adam Montana] and when they SHOULD get things done, nothing happens
[Adam Montana] mostly due to political issues – in other words, the big kids spend too much time fighting to accomplish big things
[Adam Montana] what a lot of the news articles are telling us at this time, however
[Adam Montana] is that although parliament is on break, they are still moving towards completing the HCL
[Adam Montana] and I know for a fact that this can be pushed through with a simple meeting and a few signatures
[Adam Montana] regarding the rate and the actual implementation
[Adam Montana] there is a question about the IMF from one of he members that I’ll answer in a few minutes – so stand by for that
[Adam Montana] If you’re on the email newsletter, you probably got that email i sent a few days ago
[Adam Montana] (newsletter is here: http://dinarnews.net/news )
[Adam Montana] I sent out my thesis last week on why i feel the rate should be closer to a dime than anything else
[Adam Montana] then I sent out a newsletter stating that I’m well aware I could be wrong
[Adam Montana] I apologize if that confused anyone
[Adam Montana] I still think it’s very possible that the rate will only be a dime
[Adam Montana] ( :lol: ”only” 1000% return… I’m not going to cry about it!)
[Adam Montana] but my next email’s purpose was to let you all know that my “prediction” of a .10 RV is only my opinion based on my research and contact’s information
[Adam Montana] others that I talk to say it could be a heck of a lot higher, up to a dollar
[Adam Montana] but NOBODY I talk to – well, at least in the group of people that actually have brains – NONE of them think it would ever be over a dollar
[Adam Montana] at least not at first
[Adam Montana] the consensus is basically that if it were to come out at a high rate (in my opinion, anything over a dime is high)
[Adam Montana] it would at best be on par with the dollar, to quickly transfer future transactions AWAY from the USD
[Adam Montana] and start using the IQD
[Adam Montana] that’s my top end analysis… don’t let me forget to use the famous words: “In My Opinion’ :lol:
[Adam Montana] ok the other email that went out was about VIP
[Adam Montana] If you don’t like hearing about VIP, go ahead and log off now 
[Adam Montana] I stated that all short term VIP memberships would be discontinued
[Adam Montana] and I kind of mis-worded that
[Adam Montana] NOBODY will lose a current VIP membership
[Adam Montana] i would NEVER do that
[Adam Montana] what I meant was in the future you won’t be able to sign up for short term memberships
[Adam Montana] at this time you can still grab a three month VIP membership
[Adam Montana] and even get a 25% discount for a limited time
[Adam Montana] at this link: http://iqd.me/l/order
[Adam Montana] using the code “special25″
[Adam Montana] ok, now that I hopefully ran all the freeloaders off
[Adam Montana] kcw, do you have some questions for me?

[kcw] oleman Ok I want to be first to ask. What is your new thought on the (rate)?

(Click the link to read the rest)

[Adam Montana] thanks!
[Adam Montana] before we start, I want to give a special thanks to kcw and the rest of the mods
[Adam Montana] kcw, thanks for putting these questions together – i think it’s a great help to the community and makes the chats much easier to absorb and read!
[Adam Montana] thank you
[Adam Montana] and the rest of the mods – thank you as well. We’ve seen a huge improvement in the general attitudes around here
[Adam Montana] so thank you all
[Adam Montana] ok back to the question, I gave a good summary on it already – my opinion is still a probably .10 with a possibilty of up to a buck
[Adam Montana] but definitely no higher than a dollar, at least at first
[Adam Montana] next please?

[kcw] TimS Adam How can Iraq back 30 trillion dinar at $ 1us today, when they only valued 30 billion dinar at $ 3.22us during Sadaam’s time? They have the same amount of natural resources now that they had back then for all practical purposes. Then…..30 billion dinar had market value of $ 96.6 billion us dollars…..today if they RV at $ 1 per the 30 trillion dinar would value of $ 30 trillion us dollars….that’s an increase of $ 29.9 trillion us dollars in value?????? I tended to agree with your 10 cents RV because it would have only increased the market value of their currency by $ 2.9 trillion us dollars….seemed like something a new democratic government could realistically support with a little help from the rest of the world. Does anybody have an idea of how much $ 29 trillion dollars is…..how it fits into the overall global monetary picture? Please help me to understand this in as simple terms as you can…..thanks

[Adam Montana] TimS there is no way to know exactly how much is in circulation and how much they would have to back – but I’ll answer anyway.
[Adam Montana] Let’s say there truly is 29 T in circulation
[Adam Montana] if they RV at a dime, they are only covering 2.9T, rather than the whole shebang
[Adam Montana] regardless
[Adam Montana] they don’t have to have the entire wagon of cash on hand to cover the physical currency
[Adam Montana] and odds are likely that they will put a limit on cashing in
[Adam Montana] I’m willing to bet that if that is an accurate number, only half will actually get hauled in before the deadline is reached
[Adam Montana] even at $ 1, they can put a large spread on the exchange and reduce it even further
[Adam Montana] it’s a good question, but first we need proof of how much is actually in circulation
[Adam Montana] then we have to understand that Iraq has vast reserves
[Adam Montana] add to that the fact that the CBI is the only market for the Dinar now, and will be the only market for probably 90 days after the rate goes up
[Adam Montana] they can control every aspect of it
[Adam Montana] and finally
[Adam Montana] they don’t have to pay it out in cash – a majority of it will be in the form of a digital transfer
[Adam Montana] lots of aspects to consider
[Adam Montana] the bottom line is they can afford to raise the rate
[Adam Montana] they can afford to keep raising it
[Adam Montana] and that means we are in position to profit
[Adam Montana] thanks for the question
[Adam Montana] next please?

[kcw] oneremedy Im also wondering what your new opinion is on the rate. And why did you change your mind after all that hard work on the thesis.

[Adam Montana] I didn’t really change my mind – I’m just open to admitting I’m wrong if that’s the case
[Adam Montana] next please

[kcw] TonyDownTheShore Adam, do you think that after the parliament comes back, we’ll see everything falling into place and a quick announcement of the rv ?

[Adam Montana] TonyDownTheShore YES and hopefully even before they officially come back
[Adam Montana] I stated earlier
[Adam Montana] they are ‘officially’ on break, but they can still come to order and sign for things
[Adam Montana] i think it might even be easier to do a “back room” deal, actually get something done, with the relaxed atmosphere the “break” provides
[Adam Montana] next please

[kcw] DinarDiva007 I am not sure where I got this but can you clarify for me… Can they change the rate any day they want or does it have to be on either the 1st or 15th of the month only? Are there rules or laws regarding when and how often rate changes can occur? Thanks!

[Adam Montana] DinarDiva007 I think I saw some “guru” talking about that… it’s false
[Adam Montana] they don’t have to do it on a specific date
[Adam Montana] it will make sense for it to happen on a specific date, so they won’t simply throw a dart at a map
[Adam Montana] but there is no law that restricts this event to a certain date
[Adam Montana] next please

[kcw] Dah-kota Adam…if we are Not a VIP, by whatever time You determine…does that mean we can’t come into this Site/Forum anymore??? Your last email has me so afraid of losing contact with so really wonderful people I’ve become close with ?

[Adam Montana] Dah-kota, don’t be alarmed. DinarVets will remain a community site and you won’t have to resort to facebook to keep in touch with the people here
[Adam Montana] what is happening is this
[Adam Montana] I have spent years putting together Post RV opportunities for the VIP members here
[Adam Montana] since we have such a large group, we’re able to leverage better cash in rates, better investments, group investments, etc
[Adam Montana] the infrastructure
[Adam Montana] I’ve built for this can handle the VIP members we have NOW
[Adam Montana] but if I open the VIP group AFTER the RV, the massive amount of new VIPs would quickly topple that structure
[Adam Montana] so I’m closing the doors on VIP after the RV is announced
[Adam Montana] that’s all – DinarVets isn’t going anywhere.
[Adam Montana] next please

[kcw] Mommyof3boys From your email the statement “But I am hearing a lot of persuasive talk from some very smart people that makes me think I could be very wrong, and we’ll see that very soon.” Has my head spinning

[Adam Montana] Make sure you’re near a wall to hold on to
[Adam Montana] if possible, take a seat
[Adam Montana] don’t want to be responsible for you getting dizzy and falling down :lol:
[Adam Montana] next please

[kcw] cgbrown In light of your recent e-mail what is your anticipated new rate of exchange?

[Adam Montana] I should have removed that one, sorry – already answered
[Adam Montana] next please

[kcw] ems Adam, your thesis makes a lot of sense and from a business point of view it explains why the CBI would not go into debt accommodating the RV. While the CBI would go into debt initially with a higher RV rate, each subsequent auction and the spread they could collect would quickly pay off that initially high RV debt. Won’t a rate of at least $ 1 be necessary to create international interest in investment in the IQD and give the residents of Iraq incentive to stop using USD (including the black market)? Do you think the current 50, 250 and 500 IQD notes will have a 90-day post-RV expiration like you think the larger notes may have?

[Adam Montana] The question is: “Won’t a rate of at least $ 1 be necessary to create international interest in investment in the IQD and give the residents of Iraq incentive to stop using USD (including the black market)? Do you think the current 50, 250 and 500 IQD notes will have a 90-day post-RV expiration like you think the larger notes may have? ”
[Adam Montana] I don’t believe so
[Adam Montana] If the RV is at a dime
[Adam Montana] and there is a mandatory turn-in of old notes
[Adam Montana] I am going to Cash Out half or more – I will be happy with that return
[Adam Montana] then I’ll reinvest the other half back into Dinar, so I can take advantage of the future rate increases
[Adam Montana] many people who never heard of the Dinar will hear about it, and they will buy Dinar at .10
[Adam Montana] because honestly, once the rate goes that high – I don’t think it will go down
[Adam Montana] it will only go up
[Adam Montana] and others will think that too
[Adam Montana] so the notion that nobody would invest at a “low rate of .10″ is just wrong in my opinion
[Adam Montana] regarding the lower notes
[Adam Montana] if there is a recall or a mandatory cash in of the notes
[Adam Montana] it will be across the board
[Adam Montana] don’t listen to the pumpers that try to say low notes will be safe
[Adam Montana] that’s just a sales pitch
[Adam Montana] next please

[kcw] dinarinterest Adam, Could not help myself, I am just a lurker mostly, but read the email about you possibly being wrong on the rv rate. I totally agree with your prediction, but would also love it if your wrong. My husband and I have conversations about the rate and what each other think it might be an why. Good Luck to you!!!!

[Adam Montana] next please!

[kcw] Cosmo Hi Adam, I’m an existing VIP member. Can we pay our VIP membership fee ahead of time to take advantage of your 25% offer and would that 3 months add on to what we have remaining?

[Adam Montana] yep! A lot of VIPs are doing that
[Adam Montana] take advantage of the current discount, I probably won’t offer it again
[Adam Montana] if you get another 3 or 6 month membership, it will be added to the end of your current subscription
[Adam Montana] next please

[kcw] cooked Did you find out the actual amount of dinar in circulation that changed your opinion? Will Cisole fly when it does RV?

[Adam Montana] Cisole will indeed fly. Right down to a certain Central American country, for sand, sun, and fun
[Adam Montana] next please

[kcw] OregonHopeful Adam, With my research, I believe I have found that the IMF is basically in charge. Iraq needs to get out of Article XIV with them and into Article VIII (which is what they want to do) Do you know the exact stipulations Iraq needs to complete to accomplish this? And have they, or are they, close to getting there? Thanks P.S. Thanks for implementing the “Anti-Bullying Act” on this site!!!!!!!!!!!

[Adam Montana] Ahh, there’s that IMF question!
[Adam Montana] the IMF does indeed have a LOT to do with it
[Adam Montana] but they won’t force Iraq to move the rate up
[Adam Montana] Iraq needs to step up and say “okay, we are ready, willing, and able – let’s do this”
[Adam Montana] and the anti-bullying act :lol: you are welcome
[Adam Montana] next please

[kcw] Gut Feelings Hi Adam, It was said a long time ago that the Iraqi people were very proud, and they would want to revalue close to or more than Kuwait’s money value is. Presently it’s valued at 3.6 to the USD. Was this partly the reason for you changing your mind on the possible rate?

[Adam Montana] no, I took that into consideration a long time ago – I agree this is a factor
[Adam Montana] but they can still RV low
[Adam Montana] and simply tell the proud people of Iraq that this is the first HUGE step in returning prosperity to the country
[Adam Montana] eventually I think the IQD will be back up to that rate
[Adam Montana] but it would be foolish to do it too quickly
[Adam Montana] there are some very intelligent and savvy people running the show over there
[Adam Montana] they have had one of the historically most stable rates EVER, and that doesn’t happen by accident
[Adam Montana] I’m referring to the current rate, of course
[Adam Montana] it’s as stable as you could ever ask for
[Adam Montana] since they have shown that they obviously know what they are doing
[Adam Montana] there is less and less reason to force them to keep it low
[Adam Montana] which is one of the reasons the IMF won’t stop them when they are ready
[Adam Montana] next please

[kcw] normabell54 Hello. Hope I am posting this in the right place this time; If there’s a cash-in window for large denominations (which I’m assuming 10,000 or 25,000 would be), would it make sense and/or be possible to cash in large denoms for smaller denoms to hold onto for later and possibly higher returns? Thanks.

[Adam Montana] That’s exactly what most people will want to do, if it is possible
[Adam Montana] if there is a complete redenomination, then that is what you will HAVE to do
[Adam Montana] unfortunately we don’t know how it will play out yet
[Adam Montana] other countries have introduced new denominations and let the two live together indefinitely
[Adam Montana] we simply don’t know what they will do yet
[Adam Montana] next please

[kcw] Blessing Adam, in last weeks chat you said that there are 3 more “sanctions” that Iraq needs to take care of, so they can get out of Chapter 7. What are the 3 so that we can watch for them?

[Adam Montana] hmm…
[Adam Montana] I don’t have them off the top of my head
[Adam Montana] but if you have my book
[Adam Montana] check around page 22 – i broke it all down there
[Adam Montana] if you don’t have my book, it’s at http://rvintel.com
[Adam Montana] but don’t pay full price for it! It’s free to VIP members
[Adam Montana] or if you’re not VIP you can get it 80% off here in the forum
[Adam Montana] the discount is in the Announcements section
[Adam Montana] next please

[kcw] meevans If we have an account at Warka bank already, when the RV happens, will we have to cash out during the short time frame? Or can we leave the money in Warka and wait for the rate to rise? Read more: http://dinarvets.com/for ••• cYtF51iG

[Adam Montana] I’m confident we will be able to leave the money in our Warka account. When the value rises, we will take whatever profit they allow us to keep
[Adam Montana] next please

[kcw] RodandStaff Adam- In light of many believing that the troop withdrawal will be a major piece in the puzzle to remove CH. 7 … do you believe they basically have to have all the troops out in order to finalize the removal of CH. 7, or could they remove it as they see the intention of the removal of troops is evident? Just askin! Thanks!

[Adam Montana] Either way! I have given this a lot of thought
[Adam Montana] it would be wise to implement the RV shortly before the troops are out
[Adam Montana] that way we can be there to assist them
[Adam Montana] and once everything is looking good, we just continue on out of there
[Adam Montana] good question!
[Adam Montana] next please

[kcw] genevieve How much wood can a wood chuck chuck if a wood chuck could chuck wood? I hear it’s around 5.27GBP’s. Opinions?

[Adam Montana] :lol:
[Adam Montana] next please
[Adam Montana] :lol:

[kcw] waitingondinar Adam – a lot of information has unraveled the last couple of months. Can you provide a quick chronology of events remaining to get us to RV Land?

[Adam Montana] Yep!
[Adam Montana] Chapter 7, HCL. That’s it.
[Adam Montana] nest please

[kcw] jas428 There are a ton of articles recently about the oil and gas law being agreed upon. Obviously there has been no official annoucnement other than these news articles. What do you make on it all?

[Adam Montana] Great question
[Adam Montana] from what I’ve read
[Adam Montana] and what I’m told by people much closer to these deals than me
[Adam Montana] is that it is indeed ready to be signed on
[Adam Montana] if there’s any delay right now, it’s because the actual signing can trigger massive movement – even the actual RV – and they have to be very careful that they are prepared in every way possible
[Adam Montana] in my opinion, that’s the only reason it hasn’t happened yet! They are simply being careful
[Adam Montana] and I appreciate that
[Adam Montana] I don’t want to hear about the RV, send the text message and email to the VIP members, and then find out they screwed it up and we can’t cash in
[Adam Montana] I’m sure none of you want that either
[Adam Montana] so as much as we want it NOW
[Adam Montana] patience is a virtue, and we are all wise to let things take their time and get done RIGHT
[Adam Montana] :twocents:
[Adam Montana] next please

[kcw] foghorn leghorn Thanks Adam for all you do…. Probably a dumb question, but I was curious if you knew of any other country not occupied by the US that is using the US dollar as their currency of choice? I read that most Iraqis prefer the Dollar to the Dinar because of it’s buying power. It seems to me if our troops are gone from Iraq the GOI would want it’s people to use the Dinar instead of the Dollar, IMO. Fog

[Adam Montana] There are a lot of countries that use the USD
[Adam Montana] Belize, for example – their currency is pegged EXACTLY 2:1 with the US Dollar
[Adam Montana] you can spend USD or BZD equally no matter where you are
[Adam Montana] they have no preference at all
[Adam Montana] next please

[kcw] dgibbs20 Hello Adam, I am VIP and I am very appreciative of this site. I am seeing a lot of articles popping up in forum about the dinar investment being a scam or about to tank. If the investment would to start going south would you honestly alert us?

[Adam Montana] I don’t think there is an increase in those articles
[Adam Montana] but YES, I have no reason to not give my honest opinion
[Adam Montana] I don’t sell dinar, I don’t care if you buy it
[Adam Montana] so I consider it my personal obligation to be forthright with any information i get
[Adam Montana] negative or positive
[Adam Montana] if you’re new to the investment, you may suddenly start “noticing” the negative articles
[Adam Montana] but that’s nothing new
[Adam Montana] some people think it’s not going anywhere and try to call it a scam
[Adam Montana] but it’s not a scam
[Adam Montana] it’s a currency
[Adam Montana] it’s used by a country
[Adam Montana] it’s legal to be held by US citizens
[Adam Montana] and when it goes up in value, we will make money
[Adam Montana] no scam there
[Adam Montana] next please

[kcw] upnorth Adam – when the RV is announced, do you think the rate and all conditions involved will be visible on the CBI site right away or are you expecting some other way to find out all the details?

[Adam Montana] :lol: I wish that were true
[Adam Montana] but if you’ve been in this as long as I have, you know the CBI is notorious for failing to update their site
[Adam Montana] I’m sure I’ll get a middle of the night phone call from one of my employees in Iraq
[Adam Montana] and then you’ll get that email and text message from me
[Adam Montana] and then a few hours later it will be on the news
[Adam Montana] and probably a few days after that the CBI will get around to updating their site :lol:
[Adam Montana] next please

[kcw] jas428 With Parliament out of session for another few weeks, can anything really be finalized until they are back to vote on things? Also, I have to ask, are we still on target for Thanksgiving due to all of the holidays taking place as well as the removal of the troops still a work in progress (until the end of December or so)??

[Adam Montana] still on target, I believe!
[Adam Montana] I addressed the Parliament break issue above
[Adam Montana] but I’ll answer it again – they can still vote and decide on issues even through the break
[Adam Montana] next question please

[kcw] vikingjuve Hi Adams, If you have 500,000 IQD in your Warka account and unfortunately ( I realy hope no ) it’s gonna bunny-ear, you still own 500,000 IQD or 500 new IQD??? Thank you

[Adam Montana] if there’s a l0p, then you basically break even. Unless they l0p an odd amount, which could happen – it could turn 500,000 into 50,000 rather than 500, for example. Other countries have done odd number l0ps.
[Adam Montana] next please

firefighter_218546 Hey Adam,, Just wanted to say Thank you for providing us this site. I do have a question .. Could you please tell us what needs to get done before this thing can RV ? And what are the thoughts of you and your people about this thing Rving with in November..
Oh ya, I have to do it I am a die hard Vikings fan.. ( Go Vikes )

[Adam Montana] Well, I already answered the first two questions.
[Adam Montana] and I should put you on a two day ban for being a Viking’s fan
[Adam Montana] so i’ll let it slide
Topic: end chat, open floor

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This entry was posted on Wednesday, November 2nd, 2011 at 10:38 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Filed Under Dinar Speculation Tagged With 11211, Chat, official, Wednesday

Adam Montana predicts the RV rate

October 26, 2011 7 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/UR5_X283iLM/

There’s a lot of speculation on the Iraqi Dinar, and one of the most confusing and uncertain aspects of the final outcome is: The Rate. We constantly hear people making predictions and taking guesses… but what is the Iraqi Dinar rate actually going to be?!

Hi Everyone. I’m Adam Montana, and I’m going to do something I have largely avoided for the past few years… I’m going to give you my analysis of a potential rate on the future (and pending!) ReValuation of the Iraqi Dinar.

For those that don’t know me, here’s a quick breakdown of “Adam Montana”. My background is in business and investing. I have been invested in the Dinar for many years. I started a blog a few years ago to help my friends and family keep up with the news coming out of Iraq, and that blog created quite a stir in the currency speculation crowd! It started out getting a couple of visits per day, then 40-50 visits per day,, then 400-500, then 4000-5000, and it kept growing… pretty soon it was too much to handle the daily questions, so I wrote a book, and called it “Real RV Intel”. I also started a newsletter, and send out pretty regular emails to those that are subscribed to it.

The book was well received, and thousands of people have benefitted from it – I’ve heard from hundreds of you, and the feedback is always positive! That’s a pretty amazing thing in itself, but eventually I decided to expand the community and DinarVets.com was born.

Now the book is in thousands of happy customers hands, the newsletter reaches several tens of thousands of “Dinarians” across the US and the globe, and DinarVets.com is home to a community of over 35,000 members! These members are responsible for some of the most intelligent commentary, the most intriguing news finds, and most incredible insight to be found anywhere. Between the three parts of the Dinar News Network (the blog DinarSpeculation.com, the Dinar News newsletter, and DinarVets.com make up the majority of what is now known as the “Dinar News Network”)… let’s just say these sites keep me plenty busy!

Well, these same tens of thousands of members that make up the most intelligent and active Dinar sites on the entire internet are also responsible for racking up thousands of dollars in bills for me each month! Luckily, the VIP members contribute enough dollars to cover these costs, and then some. I am able to use those extra dollars to devote time to them, and also the entire community, and also prepare for an eventual RV of the Iraqi Dinar and offer unique Post RV investment opportunities that you will not find ANYWHERE else – I’ve been working on some of these opportunities since before the average “Guru” even heard of the Dinar!

Speaking of Post RV investment opportunities, it should also be noted that I did take and pass the Series 65 exam in order to qualify to legally be able to present these opportunities to the VIP members… I am very excited for that day to come, and if you’re not a VIP member I highly recommend you join! Here’s the link, if you need it: http://iqd.me/l/order

Now, you know who I am… you know I’m at least intelligent enough to pass the hardest financial test available to anyone willing to take it… you know me by reputation and by my actions, if you’ve been a member for long… so let’s move past that stuff.

Let’s get to the meat, shall we? The RATE.

There are plenty of theories on what the rate of the revalued Iraqi Dinar will be, and they honestly range from pennies to dollars… my friends, that is a HUGE difference in ROI if you hold several million Dinar! Why, if the rate is several dollars, then your holdings could equal several million USD! If the rate is in the pennies, then your investment is potentially worth several tens of thousands of dollars… BIG swing there, right?

I’m going to list a couple of speculated rates and the reasons behind them, then I’ll tell you what I think is most likely.

Based on Kuwaiti Dinar.

It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $ 3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.

Based on dropping the 0′s

It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things:

1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost.

2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86USD per Dinar – in other words, a 10,000 IQD note is exchanged for $ 8,600 minus spread and bank fees. (If you don’t understand the “spread”, or you think there will be no spread, PLEASE read my free Cash In Guide. It’s located here: http://dinarnews.net/cashinguide.php )

Based on “equal to the USD”

We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $ 10,000.

Based on “they can’t RV low or investors will buy too much!”

Some people state they will not cash in for anything less than $ 1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (I intend to prove this theory wrong, FYI.)

Keep in mind that I’m trying to keep this as simple as possible. I am going to use hypothetical figures, and I’m going to make my point as quickly as possible… we all have better things to do than listen to an old guy like me ramble on for days, right?

I agree with a few of the speculations above. I think the Iraqi Dinar should have a higher value, and I think we are simply waiting on the HCL or Chapter 7 to be finalized… then it will be “GO” time! But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that I think everyone should be prepared to accept.

Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When Iraq is released from Chapter 7 and the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success!

Did I mention profit?

Yes indeed, friends!

PROFIT.

The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate.

The CBI will ALWAYS choose the path that makes them the most money. Keep that in mind as we continue with this paper!

Let’s move forward a few steps and talk about a ReValued dinar. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually.

When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges!

I believe that Iraq can sustain a very stable currency at a rate of $ 3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so.

Here’s why:

An instantaneous RV to $ 3.00 will create a ton of wealth – coincidentally, probably about the same amount of wealth that they lost when Saddam Hussein was taken out of power and the value of the Iraqi Dinar plummeted to mere pennies! What’s done is done, though, and we have to look at the situation for what it is today – not what it could have been or should have been.

When the Dinar rises in value and people are ready to “Cash In”, there is only one place that will ultimately buy the Dinar: The CBI.

Since they control the rate and they are the top of the chain, they can set their spread (the fees they charge for cashing in your Dinar) to any rate they want. I’m of the opinion that they will jack that rate up as high as possible in the beginning… and who’s going to say no? The CBI has a monopoly on this market and it is theirs to do with as they please.

A normal foreign currency exchange carries a “spread” of 2-6%. This means if you exchange $ 1000 worth of a foreign currency, you can expect to receive approximately $ 940 after the spread is taken out. Those numbers in the middle aren’t important, the only important thing is what you walk away with.

Since the CBI has complete control on the spread, which trickles down through every single banking institution that handles the Dinar, we are at their mercy. Don’t miss this next line:

If the CBI won’t buy your dinar, then you will not be able to cash in.

The CBI can (and probably will) put a hefty spread their buy price – I’ve heard it will be at least 25% if they RV high. This means they will sell the Dinar for $ 3, but they will buy it for $ 2.25

Personally, I’d be grateful and overjoyed to see a 25% spread on a $ 3 RV! Most likely, we will only see about $ 2.00 per Dinar at a $ 3 RV by the time it gets in our hands (every party involved will take a little chunk, unless you are physically able to go to the CBI. And you can’t do that. So, just accept it – you’re going to pay a spread.)

Once again, the extra numbers aren’t important right now – the only number that’s important is the $ 3 and the $ 2.25, because that’s what the CBI is worried about.

Let’s say there is a billion USD worth of Dinar out there right now, or 1 trillion IQD. The CBI pays $ 2.25 for every $ 3 worth of Dinar, then resells it the next day for $ 3. That’s a profit of $ 75 billion just on the spread. Not bad, right?

The problem is it cost them 225 billion to do that… and that 225 billion goes right into the “debt” column.

My friends, Iraq isn’t about to go into debt so we can get rich. Therefore, a $ 3 RV isn’t the answer, and we must look at another possibility.

Again, using the same numbers we have 1 Trillion IQD that needs to be changed out to smaller denominations. The CBI announces the rate at ten cents and also announces that your large notes will be worthless in 90 days.

Every investor would love to hold out for a higher rate, but in this situation you have no choice… you cash out. The CBI will likely use the same spread, so they will buy 1 trillion Dinar at a rate of .10, minus 25% spread, which gives us about $ 750 for every 10,000IQD note we have… and the CBI makes 250 million in the first 90 days at an expense of only 1 billion. This puts their debt on this transaction at only 750 million… a far cry from the 225 billion in the $ 3 RV!!!

However, this is only the first step. Now I’ll show you how Iraq can easily wipe that debt out by ReValuing the Dinar at a lower rate initially, then making money as the Dinar increases in value over a relatively short period of time.

What about all the other investors that will now come in to buy up the lower denomination notes, speculating that the Dinar will continue to rise?

I completely agree that this will happen! And the CBI will continue to make money on it. In the above situation, the Dinar is being sold by the CBI at .10USD per 1IQD. After all of the large notes are brought in, it is reasonable to assume twice as much money will be poured back into Dinar by speculators, at .10. Now the CBI is able to sell 2 billion at 10 cents, and they can move the peg on the Dinar up a bit – say, to 15 cents. Investors will cash in for a profit, allowing the CBI to resell at the higher rate and once again make profit.

Of course, not all investors will cash in at 15 cents. For the sake of argument, let’s say half of the investors sell out at that point. The CBI pays 0.1125USD per dinar (A profit of 12.5% for the investors!!!) and resells that billion for 15 cents – securing a profit of 375 million.

The CBI’s “debt” on the original RV is now down to 375 million… do you see how this is working? The CBI is able to make up the “loss” on the original RV simply by continuing to hold auctions and allowing more and more people to profit on the increasing value.

At this point, in our hypothetical situation of a 10 cent RV, the CBI has covered half of it’s loss with only one “repeg”. They can continue to profit all the way up to the final rate of $ 1, $ 2, $ 3, or higher – as long as investors are willing to buy the Dinar, they can keep moving it up.

And the way things are going over there… why wouldn’t we keep buying? I know I plan on doing so!

In conclusion, I want to caution everyone to be careful with this investment. As good as things look, we never know when some hairbrained Arab is going to pull the pin on a grenade or something silly like that. Only buy what you can afford to lose, and always consult a professional before making investment decisions.

I hope you found this article to be helpful!

Best regards and WARMEST RV wishes,

- Adam Montana

P.S. Click this link to leave a comment: http://iqd.me/l/z0

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Filed Under Dinar Speculation Tagged With Adam, Montana, predicts, Rate

8-30-11 Dinar News newsletter

August 31, 2011 Leave a Comment

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/rzCQMbQCppk/

This was sent to all members of the site:

This is a special DinarVets newsletter brought
to you by the end of Ramadan. If you’re new to
the site, welcome! If you are not so new, I hope
you took my advice and stepped away from things
this past month… nothing significant or
spectacular happened during Ramadan, as usual.

HOWEVER! That is now officially over and we can
start looking for some big news shortly. Many
signs are pointing to a quick release of Chapter 7
and an even quicker resolve to another big issue
known as HCL (Hydro Carbon Law).

Stay tuned for more news on that. In the meantime,
could you use a laugh?

If so, I have GREAT NEWS!

One of our moderators (popularly known as the
“Pink Piggy”) is giving away free stuff, and you
have a chance to get it! Simply post a joke in
this thread: http://iqd.me/l/pigcontest2

The Joke with the most “+” marks by midnight August
31 wins! Head on over and get a few laughs, and vote
by clicking the “+” marks on your favorite jokes!

One last note – I ran a discount on VIP recently.
It was kind of a pain to process the discount VIP
subscriptions, but the members really appreciated it
and many asked if I would run it again.

I am going to do so but ONLY for a very short time!

Grab a 20% discount on your VIP subscription OR renewal
by clicking the link below and using the code below.

Link: http://iqd.me/l/order
Code: newsletter20

IMPORTANT:

1. I can’t apply this to past orders.

2. This discount is good for ALL VIP upgrades and
renewalls, even the lifetime option!

3. This offer is OVER when we come back from Labor Day
holiday. I expect to be busy with much more important
stuff by then…

… such as, hopefully, working with VIP members on
POST RV investments and cashing in!

So, get some laughs: http://iqd.me/l/pigcontest2

Save some cash:

And I’ll talk to you later, hopefully with real RV news!

Warmest regards,

Adam Montana

P.S. VIP members, I’ll be sending a separate email to
VIPs ONLY this weekend – I’ve got a few things to share.

Keep an eye out!

Filed Under Dinar Speculation Tagged With 8/30/11, dinar, News, Newsletter

7 day countdown to Ramadan

July 23, 2011 3 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/pe3ed3JB5sU/

7 day countdown to Ramadan – hopefully big Dinar News on the way!!!!

Good morning friends and family!

A few days ago I sent an email, announcing my excitement about the next 10 days.

I am still excited and very optimistic, and wanted to give you all a quick update on my thoughts. (I hopped in the chatroom at DinarVets.com to explain this, but I’ll explain it here too. Discuss the chat on the forum here.)

What I am hearing is that we have a decent chance of seeing Chapter 7 or the HCL (Hydro Carbon Law) effectively or permanently resolved before Ramadan.

In my humble opinion, this is HUGE and exactly what we need in order to see a revaluation of the Iraqi Dinar!

Let’s break it down:

I’ve been saying for years that we need a few things to happen before the Iraqi Dinar can possibly revalue. The three major elements to a Revaulation of the Iraqi dinar are the HCL, the GOI, and Chapter 7.

Why?

GOI (Government of Iraq)

This one should be a no-brainer, but I’ll break it down. 8 years ago the value of the Iraqi Dinar plummeted and the country was thrown into darkness almost overnight. Since then, the country or Iraq has worked it’s way back from that devastation and they now have a pretty efficient democratic process in place! There could NEVER have been a revaluation of the now devalued Iraqi Dinar without a reasonably sufficient government to back it up.

In my opinion, we now have a government that is sufficiently capable of handling a more valuable currency.

GOI – CHECK!!!!!

Unfortunately… this is only one of three necessary items. Here are the other two items:

Chapter 7 restrictions

Iraq is currently under Chapter 7 of the United Nations, which (in a nutshell) prohibits the country from operating a fully functioning military. While Iraq is under Chapter 7, they simply cannot defend their own wealth and the RV will not happen until they are able to defend themselves! The other item is the HCL.

Chapter 7 lifted – NOT YET.

HCL (Hydro Carbon Law)

The Hydro Carbon Law is (in a nutshell) what is and will keep Iraq from operating as a “business” – they need to be able to sell a product so they can back up the value of their currency! Until the HCL is resolved, there can be no RV.

HCL resolved – NOT YET

Now for the good news!

Agreements are pending on BOTH of these items! I am hearing rumors that there is a push to get both of these items forced through at almost the same time. If this happens before Ramadan, I believe we could be seeing movement on the Dinar VERY soon!

Feel free to leave your comments here on DinarSpeculation.com, or at the forum DinarVets.com

GO RV!!!!

All my best,

- Adam Montana

P.S. If you missed my last email offer, you can get 20% off any VIP package by using the following:

Discount Code: newsletter20

P.P.S. That code will even work on the Platinum

VIP option! A better deal will NOT be found!

See you in VIP!!!

No related posts.

Filed Under Dinar Speculation Tagged With countdown, Ramadan

THE BIG EXPERIMENT (TBE) Featured post from DinarVets

July 10, 2011 1 Comment

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/nRbLciwntb0/

Hey again, everyone! Adam Montana here, with a short update.

Actually, it’s not so much an update… but I do have something to share with you. One of the VIP members on our forum (http://dinarvets.com) posted their take on this investment, and I’ll be honest… it’s one of the best reads I’ve had in a while!

Here is an excerpt:

The Big Experiment (TBE)

Let me preface the following with… I am not a/or pretend to be a GURU, Dinar Expert or Investment Specialist. I am however a Business Man and Entrepreneur and this is my POV (Point of View – “Not a Utility Vehicle”).

Look at The Past: Many of the very smart investors among us speak of the past to determine what will happen with the Dinar today. This makes sense and sounds very reasonable but may I respectfully ask… When have over 100 currencies significantly revalued at the same time (If true) and drastically altered the Global Economy overnight (If true again)? TBE

The Rate: .10 to $ 4.44 (We won’t even discuss the $ 8.00 knuckle heads). Isn’t there a legitimate argument for both rates and anything in between?

$ 4.00 would instantly make the Iraqi people wealthy and possibly millions of others worldwide but do they have the resources to support this overnight and wouldn’t millions of Iraqi’s quit their jobs?

How about the .86 to the Euro theory and then a bounty on the larger notes and slow increase to Iraq’s previous rate? Interesting, but wouldn’t this be an issue with a run on their currency from heavy investors (Not Heavy because they are “Fat Cats”)?

Then we have Adam who

Read the rest here: http://dinarvets.com/forums/index.php?/topic/72821-the-big-experiment-tbe/#ixzz1Rhs4RcVO

Talk to you soon, and hopefully I’ll be sending the VIPs that text message even sooner!

- Adam Montana

Cabinet oks first draft on investment law

Filed Under Dinar Speculation Tagged With Dinarvets, Experiment, Featured, from, Post

Adam Montana July 6 chat

July 6, 2011 3 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/3D0m0nsSLEM/

[Adam Montana] I just got word that a family member is popping in on me tonight, surprise visit
[bobbidoll] Adam Montana Hello!
[Adam Montana] so I’m going to get my chat done early
[sunshinelvr] oooohhhh how nice
[Adam Montana] is anyone available to copy it?
[sunshinelvr] what time?
[bobbidoll] awesome!
[kcw] Adam Montana I will post this for you
[Adam Montana] thank you kcw
[Adam Montana] Now we all know that there is a flurry of news coming out
[Adam Montana] in particular – about a possible redenomination
[Adam Montana] and Iraq is trying to make it look like they will wait till next year to make this move\
[Adam Montana] many of you also know that my friend Sonny1 was very confident that we would see the RV happen about now, or even before now
[Adam Montana] I promised him I wouldn’t spill the details of who said what to make him think that
[Adam Montana] but I want to add my two cents to that pot
[Adam Montana] so here it is: I cmpletely understand why he thinks it should have already happened
[Adam Montana] and I don’t blame him for making that bold prediction 3 weeks ago

Filed Under Dinar Speculation Tagged With Adam, Chat, July, Montana

Adam Montana DinarVets June 8 chat

June 9, 2011 1 Comment

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/kiaKyMg7RgY/

Here’s last night’s chat:

8:00 PM [Adam Montana] HI ALL!
8:00 PM [Adam Montana] 7PM – I know many of you have families — and other things to do than sit around here lol
8:02 PM [Adam Montana] first thank you all for being here
8:02 PM [Adam Montana] it’s great to come chat with such a great group of people
8:02 PM [Adam Montana] one of the first things that seems to be buzzing around in the news and the rumor sections…
8:02 PM [Adam Montana] the first things I want to address is the “deadlines” and the “requirements” for this RV
8:03 PM [Adam Montana] “deadlines” are something site gurus pull out of thin air and use to chat about
8:03 PM [Adam Montana] you can look at 6 years of my chats and you will see that I NEVER gave a “deadline” for anything
8:04 PM [Adam Montana] not a law passing, not a mandate being proposed, not an RV – NOTHING
8:04 PM [Adam Montana] there is a very simple reason for this
8:04 PM [Adam Montana] a deadline, in Iraq, is just a date that will most likely get moved
8:04 PM [Adam Montana] PERIOD
8:04 PM [Adam Montana] they will not move if it’s too soon
8:05 PM [Adam Montana] there will be no RV until they are 100% ready
8:05 PM [Adam Montana] and along the way we are going to see two steps forward, 3 back, then two forward
8:05 PM [Adam Montana] that might seem like a lot backwards
8:05 PM [Adam Montana] but do the math
8:05 PM [Adam Montana]
8:05 PM [Adam Montana] they still end up one step forward
8:10 PM [Adam Montana] Iraq is moving forward overall, despite a few slips backwards
8:10 PM [Adam Montana] ok let me get to some questions!
8:11 PM [Adam Montana] First of all big thanks to the VIP members
8:11 PM [Adam Montana] who really support this site
8:11 PM [Adam Montana] all you newbies
8:11 PM [Adam Montana] you’ll realize something pretty quickly
8:11 PM [Adam Montana] 1 you are allowed to speak your mind here EVEN IF it goes against what the latest rumor is!
8:12 PM [Adam Montana] that’s because, quite simply, I don’t accept payments from ANY dealer to make me keep this board full of bull
8:12 PM [Adam Montana] I won’t do it
8:12 PM [Adam Montana] the VIPs are the ones who keep this place ticking
8:13 PM [Adam Montana] in return, I’ve negotiated exchange rates and have reduced spread agreements that are going to get the VIP members a better bottom dollar when they cash in
8:13 PM [Adam Montana] in addition, I have spent almost 7 years building relationships, and have been able to put together some amazing REinvestment opportunities
8:14 PM [Adam Montana] these opportunities should allow us to triple what we make on the RV
8:14 PM [Adam Montana] To support this site, and benefit from all that VIP offers, you can sign up at this link:
8:14 PM [Adam Montana] http://iqd.me/l/vip10off
8:14 PM [Adam Montana] In fact, I even have a 10% off coupon you can use!
8:14 PM [Adam Montana] the code is vip10off
8:14 PM [Adam Montana] Ok, on to the chat!
8:14 PM [Adam Montana] This is a question that was posted in the VIP section today
8:14 PM [Adam Montana] I don’t always post in the open forums, but I am in the VIP section every single day.
8:15 PM [Adam Montana] (If it weren’t for the VIPs, I really doubt I’d be here still! I’d take my investment and wait it out myself, without having to deal with all the crazy rumors! lol)
8:15 PM [Adam Montana] Question: Doesn’t it appear that Iraq is going backwards?
8:15 PM [Adam Montana] Answer: That’s exactly what I was getting at a minute ago
8:15 PM [Adam Montana] if you listen to the “rumor mill” out there
8:15 PM [Adam Montana] yeah, you would think that
8:15 PM [Adam Montana] but if you look at the big picture
8:15 PM [Adam Montana] you’ll realize that this ‘plan”
8:16 PM [Adam Montana] has been building for a long time
8:16 PM [Adam Montana] look at Iraq now
8:16 PM [Adam Montana] and look at them in 2004, 2005, or 2006
8:16 PM [Adam Montana] They are DEFINITELY moving forward!
8:16 PM [Adam Montana] Question: What about the 1.3 article?
8:16 PM [Adam Montana] honestly, any “Guru” worth their salt could take this article and run 100 different ways with it ….

(Chat Truncated)

Read the rest here.

Filed Under Dinar Speculation Tagged With Adam, Chat, Dinarvets, June, Montana

Adam Montana may 25 Dinar chat

May 26, 2011 2 Comments

Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/IMtlINDaDns/

Tonight’s chat was good, we covered some awesome topics!

Here’s an excerpt:

8:15 PM [Riley] Adam – you are on a roll – looks like you touched on this one as well – Jocko129 – What or who is keeping this RV from happening.
8:15 PM [Adam Montana] Riley ha!
8:16 PM [Riley] Know b.s. – Do you think the dinar will rv before the dfi protection runs out june 30th? Or do you think the dfi protection will get extended and prolong this even more. thanks
8:16 PM [Adam Montana] Yeah i think I covered that in my last answer, maybe I should keep my answers shorter
8:16 PM [Adam Montana] Know b.s. thanks for the !
8:16 PM [Adam Montana] thanks for the Q
8:17 PM [Adam Montana] dangit… as soon as I say i’ll keep it short, someone asks something like that.
8:17 PM [Adam Montana] ok
8:17 PM [Adam Montana] the DFI protection is going to be extended whether we are 3 days from an RV, 3 years from an RV, or it RV’d 3 days ago
8:17 PM [Adam Montana] here’s why
8:18 PM [Adam Montana] if we are 3 days from an RV, they extend it to keep the “cover” alive – nobody wants to tip off MAJOR investors
8:18 PM [Adam Montana] if the RV is 3 years from now, they extend it because they have to
8:19 PM [Adam Montana] if the RV happened 3 days before the DFI coverage expires, they STILL renew it… because 1. the DFI doesn’t move as fast as they should and 2. It’s wise to do so in case the ReValued currency crashes.
8:19 PM [Adam Montana] that was a great question, thanks! Next please, Riley!
8:19 PM [Riley] Spiff – I have read the cash in guide and my cash in question is not in there. I am concerned about post RV high dollar wire transfers. When it comes time to cash in and we receive one large high dollar wire transfer, will this trigger homeland security to hold/freeze our money?

News About Iraqi Dinar

Iraqi Dinar Exchange Rate

Currency Exchange News

First update of 2012! Dinar News.

Statement by IMF Managing Director Christine Lagarde on Iraq

11-2-11 official Wednesday chat

Adam Montana predicts the RV rate

7 day countdown to Ramadan

7 day countdown to Ramadan – hopefully big Dinar News on the way!!!!

GOI (Government of Iraq)

Chapter 7 restrictions

HCL (Hydro Carbon Law)

THE BIG EXPERIMENT (TBE) Featured post from DinarVets

Adam Montana July 6 chat

Adam Montana DinarVets June 8 chat

Adam Montana may 25 Dinar chat

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News About Iraqi Dinar

Iraqi Dinar Exchange Rate

Currency Exchange News

7 day countdown to Ramadan – hopefully big Dinar News on the way!!!!

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