Saturday, June 23, 2012
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.
Posted by The Reeder at 7:38 AM
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.
Posted by The Reeder at 7:07 AM
Friday, June 22, 2012
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?
Posted by The Reeder at 7:30 PM
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.
Posted by The Reeder at 6:06 PM
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.
Posted by The Reeder at 11:07 AM
Thursday, June 21, 2012
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.
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.
Posted by The Reeder at 10:11 AM
Saturday, June 16, 2012
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.
Posted by The Reeder at 11:54 AM
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"]
Posted by The Reeder at 11:22 AM
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"]
Posted by The Reeder at 9:33 AM
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"]
Posted by The Reeder at 9:05 AM
Thursday, June 14, 2012
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"]
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"]
Posted by The Reeder at 7:21 PM
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"]
Posted by The Reeder at 6:19 PM
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"]
Posted by The Reeder at 3:25 PM
Saturday, June 9, 2012
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.
Posted by The Reeder at 9:36 AM
Thursday, June 7, 2012
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"]
Posted by The Reeder at 7:40 PM
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.
Posted by The Reeder at 1:27 PM
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"]
Posted by The Reeder at 1:09 PM
Thursday, May 31, 2012
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).
Posted by The Reeder at 8:14 PM
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"]
Posted by The Reeder at 11:51 AM
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.
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"]
Posted by The Reeder at 9:20 AM
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"]
Posted by The Reeder at 9:13 AM
Saturday, May 26, 2012
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.
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?
Posted by The Reeder at 5:53 PM
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"]
Posted by The Reeder at 5:19 PM
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"]
Posted by The Reeder at 3:18 PM