Adam Montana Chat April 13th 9:00 PM

Adam Montana Chat April 13th 9:00 PM

[Adam Montana] ok let's get started
[Adam Montana] I don't like to keep you waiting
[Adam Montana] and I'm sure you don't want to drag this out either
[Adam Montana] speaking of dragging things out
[Adam Montana]
[Adam Montana] Iraq
[Adam Montana] oh boy
[Adam Montana] there's a few things going on right now
[Adam Montana] first
[Adam Montana] the articles about new denominations and removing the 0s
[Adam Montana] most of these articles originated in Arabic
[Adam Montana] so it's important to understand that there is a lot that gets mis-translated
[Adam Montana] Google doesn't employ someone to translate every article
[Adam Montana] it's done through an automatic filter
[Adam Montana] so words get mixed around and meaning gets lost
[Adam Montana] so what does that mean for an RV?
[Adam Montana] not much! That's the important thing to know
[Adam Montana] they've been throwing articles like this out for years
[Adam Montana] YEARS
[Adam Montana] there is talk of cutting down on the amount of currency in circulation
[Adam Montana] which is a good thing, but it will happen naturally
[Adam Montana] and redenominating is a natural thing as well
[Adam Montana] because they can't raise the value without introducing new denominations
[Adam Montana] and if someone can show me a 1 dinar note
[Adam Montana] that is legal tender right now
[Adam Montana] I'll pay them $100
[Adam Montana] they HAVE to introduce new denominations
[Adam Montana] and if they are going to raise the value
[Adam Montana] they would be foolish to announce those plans to the world in any other way
[Adam Montana] the other thing that has people all riled up is Ali
[Adam Montana]
[Adam Montana] this cracks me up
[Adam Montana] seriously
[Adam Montana] the guy is a dinar dealer - not a global economist or a forex expert
[Adam Montana] two easy concepts
[Adam Montana] #1 if he thought there was going to be a revalue - wouldn't he want everyone to sell their dinar back to him at a cheaper rate?
[Adam Montana] #2 didn't anyone notice that his buy-back price dropped at the same time he did this conference call?
[Adam Montana] the guy isn't a forex genius or a global economist
[Adam Montana] but he is pretty smart
[Adam Montana] that was a good move on his part.
[Adam Montana] basically
[Adam Montana] my opinion is that nothing he said affects this investment in any way
[Adam Montana] and nothing the CBI is saying affects it either
[Adam Montana] and other than that... we only have smoke and mirrors
[Adam Montana] we HAVE to have smoke and mirrors... otherwise there would be no value here.
[Adam Montana] I hope that makes sense
[Adam Montana] I will do another chat this weekend
[Adam Montana] I have an email I want to share, from a contact that doesn't talk to me much
[Adam Montana] but it sounds like this is coming to a head
[Adam Montana] and I may be able to do something I
[Adam Montana] ve never done before:
[Adam Montana] I may be able to give a date range
[Adam Montana] it sounds like its coming
[Adam Montana] but I want to finish the conversation first before I stick my neck out though
[Adam Montana] thanks for the patience
[Adam Montana] ok thank you all for the respect
[Adam Montana] I’ll take questions from those that Riley has on the list
[SDDINAR]
[Adam Montana] and when she opens the floor I'll take a few more
[Riley] Adam here is the first [KentuckyMudd] Riley, has Adam or anyone else for that matter ever said anything about the possibility of the dinar being a reason for our governments extension of our budget? Seems outlandish but maybe a VERY small possibility?
[Adam Montana] Riley, thanks
[Adam Montana] KentuckyMudd it's a good question
[Adam Montana] I find it a bit "conspiracy theory-ish"
[Adam Montana] and I'm more of a value and fundamental investor
[Adam Montana] but I've heard that very idea from some people I would never guess it would come from
[Adam Montana] not going to name names, but they are government
[Adam Montana] that's all I will say on it - other than this
[Adam Montana] if I told you today
[Adam Montana] that the $100 bill in your pocket tonight
[Adam Montana] will be worth only one penny in a week
[Adam Montana] you'd say I'm crazy
[Adam Montana] and walk away laughing
[Adam Montana] well, that happened to the Iraqi currency
[Adam Montana] now we tell people there's a good chance that the opposite will happen
[Adam Montana] and they walk away laughing
[Adam Montana] we will see who laughs last
[Adam Montana] it happened the other way, and for it to be reversed - even in a partial amount - would be amazing for the world, not just Iraq
[Adam Montana] and that includes our broke government
[Adam Montana] next please Riley
[Riley] next question - [jimpickles] Adam how important do you think the BIS is...
[Adam Montana] in what regard? jimpickles please explain
[Riley] jimpickles are you still here?
[jimpickles] do they influence a country's RV?
[Adam Montana] RVs aren't as common as some think - at least not in a major way. With Iraq, there is a LOT of factors to consider
[Adam Montana] The GOI, the stability of Iraq, the HCL, and Chapter 7 are majorly important. Everything else is negotiable
[Adam Montana] thanks for the question
[Adam Montana] !
[jimpickles] thanks
[Riley] [double_duce_duce] you are next please, thanks
[Adam Montana] Riley next please?
[double_duce_duce] ty, GE adam, what are we still waiting on to happen, to get things moving along.
[Adam Montana] double_duce_duce GE! Is double_duce_duce 222, 6, or 8?
[Adam Montana] ok honestly there are a couple of things
[double_duce_duce] trip D
[Adam Montana] but the key at this point is getting that last position filled. Once that's done we can probably expect a week or less wait, barring a civil outbreak
[Adam Montana] that's key
[Adam Montana] civil peace must be constant
[Adam Montana] it doesn't have to be perfect
[Adam Montana] but it has to be steady
[Adam Montana] and predictable
[Adam Montana] right now
[Adam Montana] it's very predictable
[Adam Montana] which means it's controllable
[Adam Montana] and that's a great thing for us
[Adam Montana] if they can predict and control the climate of society
[Adam Montana] they can make solid plans for a major currency change
[Adam Montana] and it will happen
[Adam Montana] until then we wait
[Adam Montana] that's why things are actually looking good right now
[Adam Montana] the monotone news releases from the State
[Adam Montana] are likely designed to kind of lull the people into an almost hypnotic state
[Adam Montana] don't take that literally
[Adam Montana]
[Adam Montana] thanks for the question
[Riley] swamprat you are up next please, thanks
[double_duce_duce] aah ok, fun and tyvm
[swamprat] Adam - please explain exactly what bunny-ear means if RV is at $1.00 to someone that has a million dinar....I would like you to explain the math, etc..
[Adam Montana] my point is that with consistency and stability we can see a smooth transition
[Adam Montana] swamprat a bunny-ear is simple
[Adam Montana] they take a 100,000 dinar note
[Adam Montana] and pretend some of the 0's aren't there
[Adam Montana] it is a possibility
[Adam Montana] but I don't think it makes sense for Iraq
[Adam Montana] so a three 0 l o p on 1,000,000 means you have 1,000.
[Adam Montana] that's it
[Adam Montana] you don't lose
[Adam Montana] you just don't gain
[Adam Montana] make sense?
[swamprat] kind of
[Adam Montana] there's a few good explanations in the l op section
[swamprat] meaning that the 100000=100 @ 1.00 = $1000.00
[Adam Montana] and there's also a lot of information about why countries do that
[Adam Montana] and Iraq doesn't fit the bill
[Adam Montana] so although it COULD happen
[Adam Montana] it's not the most likely situation
[Adam Montana] speaking of most likely
[Adam Montana] we have to understand Iraq is not dumb
[Adam Montana] Even if they can afford and sustain a $3 rate
[Adam Montana] they won't come out at $3
[Adam Montana] and people will argue that by saying "if they come out low, all the investors will..." blah blah blah
[Adam Montana] SO WHAT
[Adam Montana] who cares what the "investors" do?
[Adam Montana] IRAQ will make more by buying, selling, and rebuying on the way up than ANYONE will!
[Adam Montana] After the RV happens Iraq will have the buying power they need and the trust they need to out buy ANYONE
[Adam Montana] so YES, other people will make money
[Adam Montana] if it comes out at a penny, I'll cash in part, and then wait for it to keep rising
[Adam Montana] Riley, next please?
[Riley] rsskelton you are next please, thank you
[rsskelton] Adam, thanks for taking my question. Actually you already answered part of it, but I would still like to ask (partly because my questions usually get asked by someone else before I get a chance) In YOUR opinion, do you personally still feel, no matter how small, that we are looking at a straight up RV, or a L.O.P. first. I know you have said in the past that you did not expect a L.O.P. I just wondered if your opinion has changed ? I know you can't say for certain. I simply want your opinion because I value it. Thank you.
[Adam Montana] rsskelton thank you for the question
[Adam Montana] ThePhantomRider you are banned from chat
[Adam Montana] thanks for the question - no, my opinion is the same. I haven't seen anything or heard anything that makes me think a lo p is more likely than before
[rsskelton] rsskelton Thank you Adam, you too Riley.
[Adam Montana] my outlook is steady, thankfully!
[Adam Montana] I will let you know if I change my mind
[Adam Montana] I don't sell dinar
[rsskelton]
[Adam Montana] I have other businesses that do well
[Adam Montana] I would rather let everyone here know if I think it's time to get out
[Adam Montana] this place is a lot of work! if there's no RV, I want to get on with my life too you know!!!!
[Adam Montana] thanks for the question though
[Adam Montana] next please!
[Bumper64] amen!!
[Riley] sheree you up next thanks.....
[Sheree] Adam Montana last week in chat you said you had heard from a contact and they were excited about the next 10 days, have you had any updates from them, are they still excited? Are you excited about the things we hear happening, news, etc.? Is there any truth to Sonny1 selling all his dinars? Thank you for your time tonight!!!
[Adam Montana] Sheree yes about the contact! No about Sonny
[Adam Montana] in fact
[Adam Montana] the contact is what I'm waiting on
[Adam Montana] and I'll hop into chat sometime this weekend
[Adam Montana] to give an update
[Adam Montana] but I can't speculate on this until I hear back
[Adam Montana] I expect to be here by Friday night
[Adam Montana] evening
[Adam Montana] with that update
[Sheree] that sounds great, thank you
[Adam Montana] thanks for the patience!
[Adam Montana] I want to talk about it now but I have to wait
[Adam Montana] k98nights yes sir
[Sheree] Adam Montana and the sonny1 rumor?
[k98nights] nothing... my puter is acting up
[Adam Montana] Sheree he better not have sold it without letting me have first crack at it
[Sheree] Adam Montana
[k98nights] He didn't sell his dinar
[Adam Montana] he comes and goes, sometimes he just gets tired of being online
[Sheree] that rumor has caused some stir in here is all
[Adam Montana] I don't blame him some days
[Adam Montana] Riley next please
[Riley] Staightshot you are up
[Straightshot] We have heard, months ago, that US treasury has 3.5 tril IQD… where does that figure come from… shouldn’t it be much more than that by now? And how much do we have in private/individual/corporate investments in IQD? Thanks... also: When we talk about a LLOPP shouldn’t we say “demonetization”… as that is the true, legal term?
[Adam Montana] Straightshot I heard about the US Dinar reserve amount as well
[Adam Montana] I've heard a lot of stories, of course.
[Adam Montana] But every rumor usually has some truth in it
[Adam Montana] starts somewhere
[Adam Montana] (Sometimes I guess it starts on the Rumor section here... )
[Adam Montana] anyway
[Adam Montana] my point is there is no way to walk into the White House or the Treasury Vault with a clipboard and count it
[Adam Montana] so we have to use logic
[Adam Montana] this investment started for some earlier than others
[Adam Montana] in fact
[Adam Montana] for some you have to assume it was orchestrated to some extent
[Adam Montana] Riley last question then open floor please
[Riley] [Darin] If the CBI makes revenue based upon the buying & selling of IQD. Wouldn't they make even more revenue if it was internationally traded? Via forex, netdania, etc? And from my recollection two Resolutions of sanctions still exist, (not sure on the #s), but are they type of sanctions that may prevent the IQD going international or is it not like that..?
[Adam Montana] Darin good question
[Adam Montana] answer is yes
[Straightshot] Thanks ... peace/out
[Adam Montana] and I'll explain why YOU as an investor should know this
[Adam Montana] first know that every currency transaction has a spread
[Adam Montana] that's how banks make money
[Adam Montana] they aren't going to pay tellers and computer people and others to work to change your money for free!
[Adam Montana] the CBI controls Iraq's currency
[Adam Montana] they are going to make a KILLING on the spread when the value changes
[Adam Montana] 95% of the people who invested will cash in no matter what the rate
[Adam Montana] and the CBI will have a high rate
[Adam Montana] our local banks will add to that rate
[Adam Montana] and if the CBI rate is wide, in other words if they are charging a premium
[Adam Montana] you will still pay it - it's a business cost
[Saved] Adam , I keep hearing about the CBI LOPing the zeros and again today from Sara , sorry I don't type as fast as others !!!!!! ,this was not in the RUMORS section , can you elaborate:? ? P.S. I'm new at this , Sorry !
[Adam Montana] if you walk away with 50, 100, or 1000k profit - that's a good deal!
[Adam Montana] even if it's after a large cost
[Adam Montana] Saved you're late, I went over that
[jimmycat] ADAM IF I GIFT my dinars to my corporation before RV do I physically take them to Belize and they will cash them in at Rv?
[Adam Montana]
[Adam Montana] jimmycat no you just hold them
[Adam Montana] please post that in VIP
[Adam Montana] for further clarification
[Adam Montana] bottom line is you never lose control or possession of your dinar
[Adam Montana] open floor
[puffsplus] According to the U.S. Treasury, worn bills are destroyed by Federal Reserve Banks during ordinary currency processing and the life expectancy of each $1 is approximately 18 months. Bills of larger denominations stick around longer since they are handled less than the $1 bill. Wouldn't natural wear and tear over the past 7 years delete a lot of dinar from circulation?? Did they print & distribute only once or have they continued to print dinar?
[rsskelton] Thanks Adam, due to your teaser I guess I will be sitting on chat till sometime Friday night.
[Adam Montana] puffsplus absolutely
[puffsplus] thanks
[Adam Montana] nobody knows how much currency is REALLY in circulation
[bigdogg] Is the Emirates website correctly
[RVDinar4MyFamily] Adam Montana do you think Iraq oil exports increasing will help lead to the RV and do you think that a big increase in exports will lead to a bigger RV
[digital11] bigdogg absolutely not
[keepmwlknfny] 24 trillion.....
[digital11] it’s an error in an excel spreadsheet
[eddiemac] Gambling sucks, although I have risked what I could lose, I just wish for more solid answers, which I know no one can give, It’s the American dream and I want it in my sleep, Adam and ezrider thanks for all your input.... Very valued..
[Adam Montana] bigdogg you gotta give me a link, I’m not sure what you mean
[Adam Montana] eddiemac that's a wise position to take
[digital11] Adam - it’s a bank site showing a rate of 9.22
[wallybean] Adam, what is the affect on the RV with the US remaining in Iraq, or being kicked out by the end of the year?
[Adam Montana] don't invest more than you can lose
[digital11] but it’s full of errors
[Adam Montana] digital11 omega
[vader] so - my understanding is that their gov has to vote for the rv to take place - and the gov is still not all seated -- and then it’s the Iraqi gov
[Adam Montana] wow
[jimmycat] Adam Montana can we talk sometime about gifting
[digital11] someone screwed up today's excel spreadsheet
[digital11] everything is shifted 8 rows
[digital11] so it makes it look like the rate is 9.22
[Adam Montana] that's fodder for the gurus!
[Adam Montana] no, it's incorrect
[digital11] I know, can't wait to see the rumors started from that one
[Adam Montana] we will never see a $4,$5, $6, or higher RV
[digital11] it’s JIB all over again
[Adam Montana] $3 is out of my personal opinion
[jon29] Adam, someone brought this up (maybe you already answered it): In your opinion, does amount of Dinar in circulation (ie: 20 trillion, 5 trillion) and Iraq's assets, have any bearing on a high or low revaluation of dinar? hopefully, this makes sense.
[Thor363] jimmycat gifting is well discussed in the VIP forums
[Adam Montana] out of range
[DstormOIF_VET] what happen to the "sticking your neck out" as you said earlier?
[Adam Montana] but I won't say absolutely not
[vader] also we have the chap 7 that is still not dealt with
[rsskelton] Is 25 cents possible?
[wallybean] Adam, what is the affect on the RV with the US remaining in Iraq, or being kicked out by the end of the year?
[vader] and debt that is still not sorted
[RVDinar4MyFamily] digital11 but the new guy really wanted to prove you wrong, poor guy, I almost felt sorry for him
[Adam Montana] jon29 of course it does
[digital11] RVDinar4MyFamily I know, it was kinda sad
[keepmwlknfny] vader pretty much....still a few things left there....
[dgibbs20] Adam Montana if they decide to L O P will that effect digital dinar say in warka too
[digital11] I tried to go easy on him, then he attacked my credibility
[Adam Montana] you can have perfect credit and no assets and not get a million dollar loan
[vader] we have sanctions that were lifted that still can be reinstated
[Adam Montana] but if you have 3 million in assets and decent credit you can get a reasonable loan
[siberian_shaddow] Adam Montana does gov need to be announced before they will announce RV
[RVDinar4MyFamily] digital11 yeah, not to wise on his part
[Adam Montana] Iraq is building credit and has a ton of assets
[vader] the iraqi financial protection is about to be lifted
[Sk 1962] Adam you were asked several chats ago if you feel it would take until June for the RV, and your response was no, you sais to expect it before then! Do you still feel IT WILL HAPPEN BEFORE THEN?
[bobycharles] Adam Montana Give us that posible date!!!!!!!!!!
[vader] still dont see it soon
[jon29] ok thanks, someone brought up the currency in circulation and rv topic earlier.
[vader] lucky if its this year
[vader]
[Snickers77] of course you dont vade
[Snickers77] r
[Adam Montana] Sk 1962 it might, I don't have a crystal ball sorry
[puffsplus] Snickers77
[dgibbs20] Adam Montana if they decide to L O P will that effect digital dinar say in warka too
[Straightshot] Think of it this way... for those negative-heads out there... ask them where else can they invest that even in the worst-case scenario is a break-even proposition (less the bank 10% spread... etc)...
[RVDinar4MyFamily] Adam Montana do you think Iraq oil exports increasing will help lead to the RV and do you think that a big increase in exports will lead to a bigger RV
[digital11] vader we need to get coffee again soon
[vader] digital11 im down
[Bumper64] Adam Montana hope you took speed reading classes!
[vader] heard your moving
[Adam Montana] Straightshot good point
[wallybean] adam, what is the affect on the RV with the US remaining in Iraq, or being kicked out by the end of the year?
[DinarFord] bunny-ear 3 0's, then a 10,000 dinar note becomes 10 dinar, then times the rate, say $3.22 = $32.20 for a 10,000 dinar note
[digital11] yep, in august
[Adam Montana] DinarFord is that the end of the world? I don't think so
[vader] still dont see us addressing the chap 7 issues that have not been addressed
[Adam Montana] vader please address them
[dgibbs20] Adam Montana if they decide to L O P will that effect digital dinar say in warka too
[Adam Montana] Snickers77 Friday
[Adam Montana] that's the date
[DinarFord] I hope not
[Adam Montana] that I'll be in chat next
[jon29] Adam, can you give us a hint?
[siberian_shaddow] Adam Montana atleast your down to earth and you seem to stay the course i respect what you have said and look forward to hearing from you again
[vader] Dreamin 2011 adam just clearing the air -
[digital11] bigdogg you mistyped the link
[myst] Adam Montana thank you this was a pure joy........now i see how hard it is to sit on my hands..........chuckling here
[DinarFord] That's the only logical way the high dinar rv rate makes sense...is if it's after a bunny-ear
[Adam Montana] bigdogg no I didn't sorry
[digital11] bigdogg i already thoroughly debunked that website
[digital11] every rate on it is wrong
[vader] no l o p
[jon29] Adam thanks for fielding all the questions.
[Adam Montana] myst thank you for waiting!
[Saved] Adam , I know I was " kiked " a moment ago and I didn't see your responce to Sars's posting about the CBI lopping the zeros
[waitingondinar] Adam, Just got on........Are we looking at this year for RV??????
[Adam Montana] Saved it will be posted
[gene45750] thanks adam
[jon29] Riley thanks for listing everyone.
[bobycharles] Adam Montana you mods just band dinars_ready
[Adam Montana] waitingondinar it just happened, we're all going to Tijuana to cash in
[DinarFord] Same time Friday night, Adam???
[Riley] jon29 sorry - I have you first for the next chat....
[vader] Adam Montana DinarFord i thought is was always on a monday
[Weapon X] bobycharles what did he do??
[Adam Montana] DinarFord I will try
[double_duce_duce] Thor363 sup ge
[jon29] that's ok Riley, I got the question in.
[Adam Montana] vader it's always Wednesday
[Adam Montana] ok thank you all!
[vader] oh crap
[vader] i miss it
[k98nights] Thanks Adam!
[Adam Montana] was a fun Wednesday chat!
[jon29] Peace Adam.
[Weapon X] Adam Montana thank you
[DinarFord] Thanks for spending time with us
[Capital stack] Adam Montana Thanks Adam
[dgibbs20] Adam Montana if they decide to L O P will that effect digital dinar say in warka too
[swamprat] you mentioned your friend's email......do we have to wait?
[Bumper64] thanks Adam
[lambert] vader right sfter hsppy hour
[vader] Weapon X brown nose
[behaviorkat] thanks Adam
[Adam Montana] I'll see you on Friday, hopefully with something positive to share
[Saved] Adam , where will it be posted ?
[Adam Montana] have a good night!
[Straightshot] Adam Montana ... peace/out thy
[Lacey] Adam Montana ty
[fishing] Adam thank you!
[vader] swamprat im still typing it
[swamprat] thanks Adam!
[Harvestime] many thanks adam....
[bigdogg] @digital11 how do you know the website is wrong????
[shunshine] thanks Adam
[Adam Montana] Saved give Riley a few minutes
[Weapon X] vader
[TBB] Thanks Adam !
[Thor363] Adam Montana Sorry I missed most of this, but thanks for all you do!
[bobycharles] Weapon X he responded to me for thanking him for the news. he just emailed me and said he got band for that
[lambert] later
[waitingondinar] Adam Montana thanks for the straight up
[Adam Montana] shold be in the chat section
[Upgradable] good night Adam! and all the rest of you rabble rousers!!
[rsskelton] See ya Friday
[Jimsdandy] did somebody else copy or should I post tt
[Adam Montana] Riley if you have any issues let me know
[gakman] Thanks
[Adam Montana] thanks all!
[Bumper64] Upgradable gn
[Snickers77] goodnight Upgradeable
[nointel] i copied
[Hook1Slice2] Thanks
[DinarFord] I'm so afraid of a bunny-ear, then a high rate on what's left...
[Bumper64] nointel thanks!!!
[Miss Peg] goodnight and thank you for your time and wisdom!
[sassyk] Saved i saw where you said you were new--when you have a question and you know you are going to be called on--have you question already typed and all you have tro do when called on is hit enter
[dmdebar] Good stuff,thanx Adam
[HYDRANT] nointel HEY
[Brandygirl45] thank you Adam
[nointel] should i post?
[rsskelton] And POOF, he's gone
[jon29] Time for whiskey, cigars, and shooting of the guns in de air!
[Snickers77] thanks Adam .. fingers crossed its soon
[Riley] Adam Montana I have it all copied - thanks for your time
[jon29] Vaya!
[gp49] Thanks mods
[Jimsdandy] nointel I can also
[Snickers77] and thanks mods
[vader] NOT BOOTED! booooooyaaaaaa
[Bumper64] nointel if it isn't already posted!! YES!!
[Matilda] great chat tonight