Captain Obvious

6-23-2012  Newshound Guru Adam Montana   to put things in perspective for you - "RV" stands for "Re Value", which is a term used mostly by investors like us. We don't expect Iraq to announce a potential "RV", so the most we can expect them to say is "increase the value"... which they do say, and they say it frequently.

Thanks for clearing that up Adam! (Geez, how stupid are your followers?)  I know I'll sleep better tonight.  Can you help me with one other thing though?  What does "douchebag" stand for?  Why can't we expect Iraq to announce the RV?  Why hide behind the phrase "increase in value"?  Is Iraq trying to keep the RV hidden from the world and we just happen to be lucky enough to know about it?  If people haven't figured out by now that Adam Montana is full of waste then they never will.  Iraq has said it will increase the value of the dinar, but it's not going to be an RV that does it.  They're going to delete the zeros, print a new currency, and raise the value of the new dinar as close to the dollar as they can, or in simpler terms, LOP.  And no, I don't mean the kind of LOP that describes Adam Montana.

Redenomination

A redundant post, A redundant post, A redundant post, A redundant post

6-22-2012  Newshound Guru Adam Montana  regarding Chapter 7 - they don't have to be out to RV, but they do need to be out to protect themselves. Therefore, I don't think they will RV until right before or after they know a release from Chapter 7 is happening. And to further nail that opinion down - I don't believe they will RV until AFTER the Chapter 7 issue is handled, because they would be screwed if they RV'd and then for any reason the Chapter 7 release was not approved.

So do they have to be out of Ch.7 or don't they?  How many times have you said that Iraq has to be out of Ch.7 to RV, a few hundred?   It seems like every week you have a new opinion on something.  I take that back.  Every week you're forced to form a new opinion because the old one was proven to be wrong.  And seriously man, how many times do we have to go over Iraq being screwed because Ch.7 hasn't been resolved?  I've already addressed that issue in two previous posts.  And guess what,  it was a stupid opinion then, and it's stupid now.

Ch 7 Sanctions
Same old crap, different day

Keep the change

6-21-2012  Newshound Guru Adam Montana   while we all want to make a TON of money - none of us should be mad if we only triple our investment.  In my opinion, the value of the Dinar is going to keep going up. The only unknown is "how far up?" Based on that, it seems to me that the only way one can lose money on the IQD is to sell it now, at a price lower than what you paid for it.





Triple our investment!!!!!!???  How many of you guys got into this because your friends and the douchebag gurus told you that you could triple your money?  I know I didn't.  So in your opinion the value of the dinar will go up?  Well that would mean something if your opinion was worth more than 1,166 dinars.  Now, if you came to me and told me how to run a porn site, or how to set up a VIP membership scam service with a merchant account then we could talk.  When I'm in the market for either I'll let you know.  The only way we could lose money is by selling now?  I officially retract the statement of your opinion being worth 1,166 dinars.  Can you break a 250?

Lunch is for wimps

6-21-2012  Newshound Guru Adam Montana  Since we know the CBI plans to introduce the new currency in or around January, and we know they can't have a significant RV until they are out of Chapter 7, and we know they need a little time to resolve the HCL...doesn't it seem like everything is falling in place right at the same time? Personally, I don't believe in "coincidences" like these. It seems to be very well orchestrated, and gives me hope that things are indeed moving forward as planned.





What exactly is falling into place, Adam, and what "coincidences" are you referring to, and why is coincidences in quotations?  The only thing that's well orchestrated is your website and the promotion of your worthless book and VIP membership.  I would love to see what kind of money is being generated from that stuff.  But seriously, what "things" are moving forward?  Iraq hasn't said one word about HCL or Ch. 7, and you would think that if they need to get HCL and Ch.7 resolved before a major monetary policy could take place then it would be all over the news.  Why doesn't one single article that has anything to do with printing the new currency, implementing the new currency, deleting the zeros, adding value to the dinar, or making the dinar equal to a dollar not mention the HCL or Ch.7?  In fact, the only person who ever brings up HCL and Ch.7 is you!  Maybe it would help if you Skype Maliki and Shabibi and told them they need to get to work on HCL and Ch.7 because we're tired of waiting on the RV.  You could do that right after you get done advising Obama on how to fix the economy.

The theory of increasing stabilizing value for local trade

6-22-2012  Newshound Guru Adam Montana   the IQD has been removed from most banks because there was so much confusion and uncertainty about it. Once the new notes are introduced and the world sees that the value has indeed gone up, and is continuing to go up and stabilize, I have no doubt that our local banks will resume trading it.





I guess Adam Montana is reading my blog now.  I figured he was.  Hey Adam, you're a douchebag!  You actually answered a few of my questions with that one statement: "the IQD has been removed from most banks because there was so much confusion and uncertainty about it."  Really think about that statement guys.  I have a few more questions now.  You said that once the new notes are introduced and the world sees the value go up and stabilize then the local banks will resume trading it.  OK, so how long will it take for the new currency to increase in value and stabilize?  Remember, according to your last post you said the new and old notes will co-exist for only a year.  So you better hope your "raise in value and stabilize" theory doesn't take longer than that.   I also have no doubt that local banks will resume trading the dinar sometime in the future, however, I highly doubt they will within the first year of the new currency being issued.  Talk about uncertainty.  That's more uncertain than me getting an ROI on my VIP membership.

Don't ask the right questions

6-20-2012  Newshound Guru Adam Montana   The CBI is...reporting that when the new denominations come out, they plan to let them co-exist for a full year, and they are blatantly telling us that they plan to increase the value at the same time.  I have always kind of thought we would only get about 90 days to cash in (like Kuwait did several times), but if we get a full year - even better!




What do you know, another Adam Montana prediction down the drain.  In what other fields of expertise, other than a weather forecaster, does one get paid to be wrong 99% of the time?  The only thing that's blatant is just how full of it you really are.  Of course they've been telling us the plan is to increase the value, and of course the new denominations will co-exist for a somewhat lengthy period of time. That's how LOP's work Mr. Buffet.  Here are my questions which I have already addressed in a previous post.  How can we be certain that we will be able to exchange our old notes for the new notes?  Not one single bank is trading dinars right now, and can you guarantee me that they will be once this whole process starts?  If I decide to travel to Iraq to exchange them myself will they even allow me to enter the country with millions of dinars?  All we hear from Adam Montana and the gurus is how we're all going to make tons of money.  The only problem is none of them are telling us how.

All aboard

6-20-2012  Newshound Guru Adam Montana  As you know, I've been on the "now-to-September" train for quite some time, the CBI, through various news sources, is now reporting that they plan to introduce the new denominations not in September, but in January of 2013 which basically means we have no choice but to rename the locomotive the "now to January" train. I wish I could say the opposite, but I'm not here to...give false hope - it is what it is, and I'm always going to tell it how I see it...good, bad, or indifferent.






I'm sure you guys remember this statement from Adam Montana just two weeks ago: " I don't think Maliki will be given that long, and I think Shabibi will come back into the limelight again before September. So - I don't think it will go to 2013.  In my opinion, I am pretty confident in the "now to September" timeline."  If I had a dinar for every time Adam was wrong I would probably have around 17 dollars worth of dinar. You're not here to give false hope?  What about your false credentials?  People listen to Adam Montana because of his impressive education, experience as an investment adviser, and the claim that he made money on the Kuwaiti RV.  So if none of that is true then how is he not giving false hope?  As for the VIP membership, no thanks, I can get a better bang for my buck at a Botswanan bordello.

An oxymoron

6-15-2012  Newshound Guru Adam Montana   I'm a firm believer that we're not going to get a huge warning or even a major hint - it's going to come out of the blue and we're going to be in a mad dash to make the most of whatever time they give us to cash in.  I'm also a firm believer that when they introduce the new currency at a new rate, we won't have more than 90 days to exchange our bills.

I like Adam Montana's use of the oxymoron with a "major hint".  Here's another oxymoron for you - Adam Montana intel.  Has anyone thought of the implications of an overnight RV of 1,000% to 100,000% like the gurus claim will happen, let alone keeping an RV of that magnitude a secret from the population?  Example:  lets say two Iraqi men, Abdul and Richard, are looking to purchase a new car, and each have one million dinars to spend.  Abdul finds a car he likes and goes ahead with the purchase.  Richard is having a hard time finding a car and decides to hold off until he finds the one that's perfect for him and his family.  While Richard is waiting the RV suddenly occurs, and the one million dinars that Richard is holding to purchase his car is now worth one million US dollars!!!!!!  Wow!!  Now how do you think Abdul is going to take that news?  Is he going to be happy for his neighbor Richard?  The population of Iraq is over 30 million people.  Multiply that same scenario for ever single Iraqi who used their dinars the day before the RV.  There would be total chaos, and not to mention one pissed off population of Iraqis.  You think the country is unstable now!!?  Wait until that happens.

Child prodigy?

6-15-2012  Newshound Guru Adam Montana   The Kuwaiti Dinar was a different situation. Anyone who made money on it was simply in the right place at the right time.  The Iraqi Dinar is different. If this currency is given a large boost, the government has had plenty of time to prepare contingency bills to take advantage of all the profits made by citizens here. Luckily, we are also given the same amount of time to take precautions.  ["continued in post 8...stay tuned"]

You're right about your "right place, right time" statement.  The right time would have been after Saddam invaded Kuwait in 1990, and the right place would have been in Kuwait itself.  Adam was 15 years old at the time yet claims to have made money on the Kuwaiti Dinar.  He's either the Doogie Howser of the investment world, or a lying moron.  I'll let you decide.  The real truth about the Kuwaiti Dinar is that the rate was never adjusted below 3 dollars, there was no RV, and ultimately Kuwait re-denominated their currency.  The Kuwaiti Dinar is another fabricated tale in a long line of fabricated tales used by Adam Montana and the gurus to pump the dinar, increase traffic to their sites, and in Adam Montana's case, sell VIP memberships.  Below are some links to Marcus Curtis' blog which will tell you what you need to know about the whole Kuwaiti Dinar ordeal.

The Truth About the Iraqi Dinar part 1

The Truth About the Iraqi Dinar part 2

Don't be such a borrico

6-15-2012  Newshound Guru Adam Montana  I'm not placing any bets on this particular UN meeting, from what I've been told they aren't prepared to settle the big issues.  I think we are still a few weeks out after this next meeting,  however... I will be happy to be proven wrong! They have been working towards a resolution of HCL and Chapter 7 for years and getting closer all the time.    ["continued in post 7...stay tuned"]

Adam Montana knowing the agenda for the next UN meeting is equivalent to the protagonist of the Tijuana donkey show knowing the intricacies of the British monarchy.  Very doubtful. And we know they've been working towards a resolution for Ch.7 and HCL because you tell us that in EVERY POST!!!  Suggestion, don't mention HCL or Ch.7 until something changes with HCL or Ch.7.  I could be wrong (and probably am) but I don't think even your mindless followers need to be reminded 5 times a week that nothing has changed with HCL or Ch.7.  Good grief!

Same idiot, different day

6-15-2012  Newshound Guru Adam Montana  tarriffs are extra taxes imposed on goods... they don't signify an RV. One could make the argument that it would be silly to add extra tax on goods that are out of the average Iraqi's reach in the first place, unless there was a plan to increase the wealth of the average Iraqi in the near future... but the tarrifs themselves have nothing to do with the value of the currency.    ["continued in post 6...stay tuned"]

Adam Montana surprised me with some extra posts this week.  I guess the snow on the mountains finally melted.  How many times do we have to discuss this tariff issue?  I have to remember that when your followers are as dumb as Adam's you can say the same stupid thing over and over.  And you're right, one could make that argument.  In fact, you made that argument about a month ago, and I showed everyone how stupid it was then too.

The 3,000 dollar a year millionaires

American pie

6-14-2012  Newshound Guru Adam Montana   the article that says they have enough signatures was a pre-emptive release from the Kurds side...they may have had 170 promises, but when it came down to it they only ended up with 160 signatures, promises don't get the job done...they didn't end up with enough to boot Maliki could it still happen? Yes, but...I don't think it's going to happen. The country is split too equally, and Maliki has enough fingers in enough pies to swing the votes his way time and time again.   ["continued in post 5..stay tuned"]

OK, so what he's talking about here is the GOI getting enough signatures to oust Maliki which can be deducted from reading a couple of articles.  Any idiot can read articles.  What I want to know is why you think it won't happen, what evidence do you have of the country being split equally, and how do you know how many "pies" Maliki has his fingers in?  Really, how do you know these things?  Are you privy to articles that I am not?  Am I just supposed to believe some super secret source told you so?   It absolutely blows my mind that people actually pay for this crap.

I hate camping

6-14-2012  Newshound Guru Adam Montana    if you've been in this investment for over a year, you'll know that we have an important holiday coming up...Ramadan.  I say this every year...NOTHING gets done during Ramadan...if we don't see the RV before Ramadan, you can all pack your bags and go on a camping trip for a month because it will NOT happen during Ramadan...this year Ramadan...is Thursday July 19 - Saturday August 18. They have said that they planned to release a new currency in September of this year, so that gives us about 5 weeks between now and Ramadan, and almost 2 weeks after Ramadan to September...so in my opinion, we are sitting right on top of two very good windows of potential.   ["continued in post 4...stay tuned"]

Here we go again.  Another event the gurus can use to pump the dinar a little more than usual.  I'm surprised to not see any mention of Ch.7 or HCL.  I at least hoped Adam would inform us that nothing has changed since his last post 5 minutes ago.  Quick question, or two.  What happens when Iraq releases a new currency this September?  Not one single American bank is trading Dinars right now so how are we supposed to exchange our notes for the new notes?  Do we use the dinar dealer advertised on your website?  Are they going to smoke me on the trade like they did on my initial purchase?  Will they even make the trade?  What if Iraq doesn't allow any currency to be brought into the country?  Wouldn't Iraq make a ton of money if they simply printed a new currency with no intentions of ever honoring the notes held by overseas investors, particularly Americans who just ravaged their country for almost a decade?  Are these questions answered with a VIP membership?

Timing is everything

6-14-2012  Newshound Guru Adam Montana  This is a process that takes time and it was never meant to happen a year, two years, 5 years, or a month ago. Nothing is going to happen with the currency until they get Chapter 7 and the HCL handled. Once that's wrapped up, they can change the rate.  ["continued in post 3...stay tuned"]

The only "process" I see happening is that of credit cards being charged for a worthless VIP membership.  I wonder if Adam Montana just now came to the conclusion that this was never supposed to happen a year ago, two years ago, of 5 years ago, because I just looked up an Adam Montana chat from September of 2011 in which he implied that the RV could take place before Thanksgiving of 2011.  And that was just the first chat log I researched.  I'm sure if I dug around I could find countless examples of Adam Montana claiming the RV could happen at any minute.  So Iraq cannot change the rate until something happens with Chapter 7 and HCL?  Let me quote you, Adam Montana, on the value of the dinar:  "This currency, the Iraqi Dinar, has gone up in value since it dramatically crashed, and in all likelihood will continue to do so. In fact, it has the potential to dramatically increase in value! The Iraqi Dinar may not increase 1000% overnight, but in my opinion...it's going to keep going up".   I thought nothing was going to happen with the currency until they get Ch.7 and HCL handled.  Also, didn't Iraq change the rate earlier this year from 1170 to 1166?  Where do you come up with this crap, Adam?

Say it ain't so

6-14-2012  Newshound Guru Adam Montana   nobody has cashed in yet, so we're all here waiting still...the big deal in the news this week is the Kurds wanting to boot Maliki for failing to get his act together...there is no bad news to report. Iraq is still moving forward, and in my opinion our odds of making good on this investment continue to get better.  ["continued in post 2..stay tuned"]

Do what, nobody has cashed in yet!!!????   Say it ain't so Joe, say it ain't so!  OK, let me see if I got this straight.  The big deal in the news is that the Kurds are wanting to boot Maliki, yet you say "there is no bad news to report"?  Just one week ago today you said this about Maliki:  "I still believe that he is the right person for his job, and he is the best candidate we have in relationship to a large increase in the Iraqi Dinar".   The Kurds wanting to get rid of Maliki sounds like bad news to me Peter Jennings.  So Iraq is still moving forward, and our odds continue to get better despite the Kurds wanting to get rid of the one guy, who in your opinion, is the right person to bring riches and prosperity to the Iraqi people?  Only in Adam Montana land does that make any sense.

LOL

6-8-2012  Newshound Guru Adam Montana   The more pressure Maliki is under, the more likely he is to finally stick his neck out and force some movement in the GOI and/or Arbil-Erbil-Irbil, the closer we are to resolution on the HCL.

At least the "move" in "movement" isn't in all caps.  There's a step in the right direction, Adam.  I guess the more three letter acronyms a person uses the more intelligent they sound.  I can see how the typical Adam Montana follower may succumb to this line of reasoning, but for those of us who actually use our brain it proves just how full of it Adam Montana is.  I've done some research on the HCL and Arbil-Erbil-Irbil, and nowhere does it say anything about an RV in the research.  Check it out for yourself.  The gurus love to point out all of the "delete the zeros" articles, which they interpret as the beginning stages or precursor to the RV, or the RV itself.  If that's so then why don't these articles mention the Erbil agreement, or the HCL?  Why are the gurus the only people bringing these things up?  They don't mention them because they don't have anything to do with the RV or the RD or the dropping of the zeros.  The Ebril agreement and the HCL are just Iraqi political issues that the gurus, and Adam Montana, toss around in hopes of appearing more intelligent than they are.

The Oracle

 6-7-2012  Newshound Guru Adam Montana  I don't think Maliki will be given that long, and I think Shabibi will come back into the limelight again before September. So - I don't think it will go to 2013.  In my opinion, I am pretty confident in the "now to September" timeline. I could be way off, it might take another 10 years. [10 years?  I Hope you're kidding A. M. ; ( ]




OK, a lot of "thinking" going on in this post which is unusual for Adam Montana, and even more unusual for his followers.  So lets break down this piece of editorial brilliance.  Predicting that the head honcho of the Central Bank of Iraq is going to get some air time before September is like predicting that the winner of the next midget tossing contest will be the midget who gets tossed the farthest.  Thanks for the tip Miss Cleo.  And how in the world that relates to the RV happening before 2013 is beyond me.  I don't  think there's even any point in making a sarcastic joke about the absurdity of that statement.  You're on the "now to September" timeline?  What, are you a cable company?  And no, Adam is not kidding about the 10 year statement, and I must admit, this is a pretty intelligent statement on his part (it's more likely the intelligence of the statement was an accident rather than it being carefully crafted).  The only way investors make money is if the value of the dinar rises slowly over a period of years, a lot of years.  Adam Montana knows this.  In my opinion this statement is meant for two things.  First, to absolve Adam from any wrong doing.  It's in his own words folks.  He admitted that this could take another 10 years.  Second, it conditions his VIP subscribers to not rule out the possibility that this could take years and not months to pay out, thus keeping a high retention rate for subscribers.

He'll be coming round the mountain.....

6-7-2012  Newshound Guru Adam Montana     the goal here is painfully simple...We all know that in the past, the Iraqi Dinar was worth MUCH more than it is today.  Iraq has not lost any of their natural reserves, their oil didn't suddenly evaporate, and their government has continued to stabilize...if Iraq can increase their wealth, if they can give their economy and their people a little "boost" with a Revalue of the Dinar, that has the potential to be the catalyst Iraq needs to dramatically reduce unemployment, dramatically increase overall prosperity, and dramatically change the future for Iraq and also the world...based on those concepts, I am still riding this pony, for better or for worse. I think the ending will not be "worse", I think it will be "better". The question I can't answer, unfortunately..."WHEN!?!"  i don't know.  At this time, we must simply be patient and watch it play out.   ["continued in post 4...stay tuned"]

The only thing that's painful is reading what I know to be a completely fabricated thought from someone who has absolutely no business giving opinions, advice, perspective, or anything else on the Iraqi Dinar.  

So the Iraqi Dinar used to be worth much more than it is today huh?  Guess what, so did the dollar genius.  If Iraq can increase their wealth, give their economy and their people a little boost, dramatically reduce unemployment, dramatically increase overall prosperity, and dramatically change their future with a Revalue of the Dinar, then why doesn't the United States revalue the dollar so we can get a little piece of that action too?  Aren't we facing high unemployment?  Doesn't our economy and our people need a little boost?  Couldn't we use an increase in overall prosperity?  We have more natural resources than Iraq, and a much more stable government.  Why can't we RV?  Why is Iraq the only country in the world that gets to come up with whatever number they want in assigning a value to their currency?  The reason we can't RV, and neither can Iraq for that matter, is because an RV of that magnitude is economically impossible.  That, and all of this is just a purely made up fantasy by those looking to scam people out of their money.  I don't care how long or how hard Adam rides his little pony, the RV ain't gonna happen.  Oh, and while you're waiting patiently for it to play out, don't forget to pay for your VIP membership.

The generic guru

6-6-2012  Newshound Guru Adam Montana  I have to report that there is not much to report... Maliki has not been forced out, nor has he done what the people want him to do. Shabibi is still mysteriously silent and unmentioned in most of the news agencies... this continues to pique my interest, because for many years Shabibi was the subject of much attention also, Chapter 7 and the HCL have still not been resolved, nor has the Erbil agreement. ["continued in post 2...stay tuned"]

If everything I said were proven to be ridiculous and grossly inaccurate then I would start making statements like this too.  I guess the new game plan is to come out every 3 to 5 days and remind us that nothing has changed with Chapter 7, HCL, Ebril, Maliki, etc.  Hey, at least he's telling the truth now.

Oh, and one more thing, could it be that Shabibi was the subject of much attention because HE IS THE HEAD OF THE CENTRAL BANK OF IRAQ!!!!!!???  Yeah, lets not give that guy any press.  And I bet the silence has more to do with having other stuff to write about rather than the mythical RV.

Nobody's perfect

6-7-2012  Newshound Guru Adam Montana  if I can give you any GOOD news, it's this:  Pressure is turning ON for Maliki to actually do something. I still believe that he is the right person for his job, and he is the best candidate we have in relationship to a large increase in the Iraqi Dinar...but eventually he is going to have to stop stalling, stop making sure every detail is perfect, and eventually he is going to have to make some MOVES.  ["continued in post 3...stay tuned"]

First off, why is the word "moves" in all caps?  Retard.  Second, what sort of education, or currency  experience, or investment experience, or political experience do you have which would lead you to believe that Maliki is the best candidate we have in relationship to a large increase in the IDQ?  Seriously, what are your qualifications?  Third, he's going to have to stop making sure every detail is perfect?  Well that makes a ton of sense Stephen Hawking!  We're only talking about the largest transfer of wealth the world has ever seen, more money than the world has ever seen, and the only RV of this magnitude the world has ever seen.  Details?  We don't need no stinking details.

http://www.youtube.com/watch?v=-lj056ao6GE

Here's 3 minutes I'll never get back

5-30-2012  Newshound Guru Adam Montana   [Maliki] is still in, I don't think he's going anywhere. There will always be someone trying to take him out, but I think time has proven him to be a pretty stubborn character.   ["continued in post 3...stay tuned"]



Really Adam?  What politician DOESN'T have someone trying to take them out?  Thanks for clearing up the obvious (and for the massive waste of time it was responding to your stupid post).

Work in progress

5-30-2012  Newshound Guru Adam Montana  Maliki has had discussions and it sounds like the intent is to deal with Article 140 very soon, but it has not actually been completed...this would indeed be...GREAT...IF the border disputes were actually 100% complete. They are not actually complete...I am anxious to see it done...but at this time it is still "in progress".  ["continued in post 5...stay tuned"]

All in all, this appears to be an intelligent post.  Even a broken clock is right for 2 seconds out of every day.  So what is Article 140?  It has to do with the province of Kirkuk and some other disputed territories.  In a nut shell, they want borders, and they want their territories to be recognized.  You can find out everything you want on Article 140 by doing a google search.  What you won't find is how Article 140 has anything to do with the RV.   I guess one can make the argument that once all of this is completed  Iraq is one step closer to an RV.  But I guess I can make that argument about anything can't I?  Iraq plans on increasing oil production.  That means we're one step closer to the RV!   Iraq just found a whole lot of gold they didn't know they had.  The RV is right around the corner now baby!  Iraq is hosting the FIFA World Cup in 2042!  You think they want to host the World Cup with a worthless currency!?  No Way!  Go RV!


This is the danger of Adam Montana.  Occasionally, and I do mean occasionally, he appears to be very intelligent and "in the know."  He shows up and posts some bovine excriment about Article 140, Ebril, HCL, and bla bla bla, all to make it seem as though he knows what he's talking about when it comes to Iraq and their mythical RV.

Talk about pointless

5-31-2012  Newshound Guru Adam Montana   The signatures...are not actually on Article 140, they are on a separate document that only states the intent to agree on the implementation of Article 140.  Regardless, it's a good sign...It will indeed smooth the way forward for the HCL and a further raise in the value of the Dinar, which is what we all want to see.



Sounds like they're having a meeting so that they can have a meeting.  Thanks for pointing this out, Adam.  I feel so much better being fully aware of the signature situation too, especially since it has no effect on the raise in value of the dinar.

How to say nothing with a lot of words

5-30-2012  Newshound Guru Adam Montana  not much new to report OTHER THAN a possibility of Article 140 being pushed through, which would be very positive for the HCL and therefore also positive for our investment.  Maliki is still on his throne, Chapter 7 has not been released, and the HCL is still in limbo.  Iraq has and continues to make progress towards a higher valued Dinar. Nothing has happened to make me less confident in the Iraqi Dinar, so therefore it is my opinion that we're looking for a positive outcome.  ["continued in post 2...stay tuned"]

Other than NOTHING being accomplished you're still confident? Sounds good to me.  Is this the kind of intel you get with a VIP membership?

Adam Montana is a Lopster?

5-30-2012  Newshound Guru Adam Montana  Everyone has to understand that even if the Dinar doesn't immediately go from 1170:1 to 1:1, it can still raise slowly to that value. If it takes a few years to get there, you still make money...so "patience is a virtue" here...obviously we prefer a quick RV to a slow grow, but I'm happy either way. ["continued in post 4...stay tuned"]

Hey Adam, NEWS FLASH!!  This is what the "lopsters" have been saying all along you idiot.  If by some miracle Iraq doesn't LOP, then the only way we are going to make money is by a slow gradual rise in value.

You'd be happy either way huh?  I bet you'd be happier with the "few years to get there" scenario so you can continue to milk that VIP membership scam you have going on.

Opinions and buttholes

5-24-2012  Newshound Guru Adam Montana   in my opinion, we aren't looking at an impending collapse. I don't think we're going to lose money here, and I don't think Iraq is going to lose money either.  I know a lot of people get fed up with waiting, and sometimes impatience can lead to negative thinking... I just go back to my core beliefs in Iraq...is the country making progress? YES. Are they fixing problems? YES. Has the value of the Dinar already gone up? YES. Do I think they will keep doing this? YES, YES, YES.

Are the banks trading dinar?  NO.  Are the banks calling the dinar a scam?  Some (some don't care to even acknowledge the existence of the dinar).  Have the gurus ever been right about anything?  NO.  Have the gurus been saying the same exact thing for years now?  YES.

http://www.theiqdteam.com/uploads/3/5/3/7/3537881/internationalmarketsweekly.pdf

http://www.dfi.wa.gov/consumers/alerts/iraqi-dinar-scams.htm

 http://exchangetidbits.com/archives/2011/04/fifth-third-bank-notice-for-stopping-sales-of-dinar/

 http://www.foxbusiness.com/markets/2012/02/22/iraqs-dinar-still-stuck-in-wild-west-currencies/

Silly rabbits

5-24-2012  Newshound Guru Adam Montana  some l0psters...say "it sounds like you're saying all Iraqis will be making $300,000 per year suddenly! That's silly!".   No, that's not what we are saying or even thinking. We understand that a janitor will not be making $200,000 per year after a major raise in the value. The CASH IN THEIR POCKET would be worth more, but once that is gone they are going to be receiving regular paychecks at the adjusted rate and they will be receiving the redenominated notes as change when they buy something like bread or meat.   ["continued in post 7...stay tuned"]

I'm guessing the above post is in response to Adam Montana realizing that he's a bumbling moron for making the following post that only a bumbling moron would make (also addressed HERE on this blog):

5-17-2012 Newshound Guru Adam Montana "PM Maliki given 2 weeks to implement Erbil agreement"...That two weeks is almost up...now we're going to see how serious Barzani, Allawi, al-Nujafi, and Talabani are. HCL is VERY important to an RV! And last but not least, the Tariff discussion... if the Iraqi peoples are going to remain in poverty ($3000 average income per year, why would Iraq worry about tariffs? A tariff is a tax (government revenue) on an import or export. In all likelihood, this "tariff" issue is designed to tax imports, which not many Iraqis can currently afford. If the value of the currency raises, they will be buying goods, and they will be paying the tariffs. ["continued in post 3...stay tuned"]


Oh OK, so it's the "CASH IN THEIR POCKET" that will bring them out of poverty.  So what about the tariffs? How will they be able to afford the tariffs once the "CASH IN THEIR POCKETS" is gone? 

Keep the change

5-24-2012  Newshound Guru Adam Montana  There's a lot of confusion on the whole "redenomination" thing. The simplest way to understand it is this: If the value raises to 1:1, then the average Iraqi has more money in his pocket. They can't eat a Mercedes, so they will still need to buy smaller items like bread and meat.  When they buy bread and meat, they will need to get change - bread isn't suddenly going to go up to $4000 per loaf!  Therefore, if the value raised to 1:1 they would need to immediately introduce smaller denominations into the market.   ["continued in post 6...stay tuned"]

While I generally make it a point to avoid responding to incoherent, blathering idiots, Adam Montana has obviously made that impossible.  I'll give it my best shot though.

How does the average Iraqi have more money in their pocket if the value raises 1:1?  The only way an Iraqi has more money is if that Iraqi has money in savings.  How likely is that?  Do a quick google search on Americans and their savings.  I found one source that said the average American saves like $367 a year, and the average American's savings account balance is $3,800.  So are we supposed to believe that the average Iraqi, from an average 3rd world, war torn country, is going to have any significant amount of money in savings?  Doubtful.  And what the #%&$ does a Mercedes have to do with anything?  

How much is a loaf of bread in Iraq?  According to this website it's 1,329.24 dinars (1.14 X 1166).  Why does it take sooo many dinars to purchase a loaf of bread?  I'm no Harvard grad, but I bet it has something to do with the hyperinflation that Iraq experienced in previous years.  What causes hyperinflation?  Hyperinflation results from a rapid and continuing increase in the supply of money, which occurs when a government prints money or creates credits in bank accounts.  So can someone explain to me how flooding the Iraqi economy with trillions of dollars via an RV won't create hyperinflation, thus leaving Iraq in the same position they are in right now?  A loaf of bread may not be $4,000, but it will be darn close.

Same old crap, different day

5-24-2012  Newshound Guru Adam Montana   The UN has the final say on Chapter 7 - they can lift or maintain it at their discretion.  Iraq has requested repeatedly to be removed from it, and only recently has the resistance to that request been weakening. Chapter 7 has many parts, and currently Iraq is only under a few remaining articles of it. The important articles, the ones that really hold things back, are the ones that pertain to WMDs [weapons of mass destruction]...since Iraq is not able to use WMDs (nukes etc) if they Revalue with no real ability to defend themselves against a SERIOUS threat, it would be like you walking into a dark alley full of gun-weilding thugs...with a pocket full of cash...with only a stick to protect yourself.  Chapter 7 is stopping them from that.  ["continued in post 5...stay tuned"]

OK, I thought we covered this already.  I sometimes forget that I am dealing with Adam Montana and a plethora of mindless followers, so a little review isn't going to kill us.  Here is a link to an article published by Fox News back in December 2010.

http://www.foxnews.com/politics/2010/12/15/end-iraq-sanctions-reflects-progress-saddam-era-analysts-say/

Here is an excerpt from that article stating that the resolutions banning Iraq from using or developing WMD's has already been terminated.

The resolution approved Wednesday terminates provisions of two resolutions adopted in 1991 under Chapter 7 of the U.N. Charter -- which is militarily enforceable -- banning Iraq from using, developing, constructing or acquiring nuclear, chemical and biological weapons or material to make them and ballistic missiles with a range greater than 150 kilometers.


Where is Adam Montana getting his intel, because I'm getting mine from Google.

http://www.youtube.com/watch?v=-mTUmczVdik