Iraq Dinar Speculation

Good morning and good day, Iraqi Dinar Investors!

I’m going to wrap this article up very quickly. The elections have taken precedence over everything, and other than the people who insist on making up fake “$3 tomorrow RV!” news… there isn’t anything huge going on right now, and probably not for the rest of the week at least. (If you like those kind of stories, they are out there. Just because it sounds good doesn’t mean it’s true! )

You know you can count on me to get the hot news to you, and you can also count on me to let you know when to just relax and be patient – that time is now.

It has sure been an exciting couple of weeks, hey? The elections seem to be successful, in spite of the accusations and feet stomping. It has came to light that several days before the elections, it was ruled that no recounts would be taken… basically rendering the cries of foul play moot. I call this good news. Business is booming in Iraq: the Governor of Basra met with the Turkish consul to discuss investment opportunities. Shell (Shell Oil Company) is discussing moving forward in Iraq. Agriculture is being discussed in the Kurdistan region of Iraq. Up to 240 Iraqi Industrial firms are potentially opening up for foreign investors. (VIP members will have much more detail on that soon – get in the VIP if you’re not there already. Click here.) The list goes on and on… it’s all good news.

I made a guess several weeks ago that we were around 110 days from seeing an RV, and I stand by that date.

This is a GOOD thing, because it gives us time to get our ducks in a row! Many of you are new to the investment, and you have no idea how to protect your investments. You have no idea how to diversify your investments. You have no clue where to begin even understanding your investments.

According to my analysis, you have about 70 days to get those ducks in a row.

I’m here to help, if you need it.

More coming soon, once the dust settles on this election. Stay tuned!

-Adam Montana

and they are announcing Allawi the winner by TWO SEATS.

Now he needs to form a government, and nothing needs to tip this card-house over!

Former premier Iyad Allawi’s secular Iraqiya bloc won the most seats in Iraq’s March 7 parliamentary election, two more than incumbent Prime Minister Nuri al-Maliki’s bloc, official results showed Friday.

Iraqiya won 91 seats in the 325-member Council of Representatives, compared to the 89 won by the State of Law Alliance led by Maliki, a fellow Shiite, election officials said.

The Iraqi National Alliance, a coalition led by Shiite religious groups, came third with 70 seats. Kurdistania, comprised of the autonomous Kurdish region’s two long-dominant blocs, won 43 seats.

Allawi’s victory in the March 7 poll signals he will be given the first opportunity to form a government, which would require a coalition holding at least a majority of 163 seats.

If he fails to do so within 30 days, Iraq’s president, who himself is elected by parliament, would choose the leader of another bloc to try to form a coalition government.

And once again, we wait.

HOWEVER… “URGENT / State of Law to form govt., election results not final – Maliki”

Read more here.

(The aswat al Iraqi website is getting murdered right now. Discuss it on the forum.)

Will they be released? We will see!

As of right now it looks like Allawi is leading by votes, but Maliki is ahead in blocs.

A HUGE wrench in the works is this:

BAGHDAD / Aswat al-Iraq: Four blocs that participated in Iraq’s recent parliamentary election announced on Friday that they reject the results that will be announced later in the day.

“The four lists of Iraqi Communist Party, Iraqi Unity, al-Umma al-Iraqiya, and Liberals Party entirely reject election results,” Mofeed al-Jazairi, a high-ranking figure of the Iraqi Communist Party, said at a joint press conference in Baghdad.

He said that the four blocs demand the Independent High Electoral Commission (IHEC) in Iraq to recount votes manually under trustful local and international observation.

And also this:

At least one Iraqi news paper revealed that with the recount of 99% of the votes (except Australia) and Allawi still leads the votes. The news paper also revealed that 39 IHEC’s employers caught “red-handed inserting wrong names to the data base of the voting system. The 39 persons admitted that they tried to manipulate the results for the benefit of three prominent coalitions, no further details announced.

I’m honestly hoping that my post yesterday proves to be wrong, but it’s a waiting game for now.

More to come!

-Adam

I’m partway through the update I promised you all. It won’t be online until tomorrow now, because I just received the most interesting email I have ever had from my CBI contact.

Like I said in the chat, you will either love me or hate me for this. Depending on how you look at it – this is either GREAT or HORRIBLE news. You tell me!

According to this, we will NOT be seeing an official winner to the elections tomorrow, as we have been told we would. Read the email for yourself:

Adam,

I regret to inform you that I have confirmation from my superiors that the results of the elections will not be the final tomorrow as we had hoped. There will be no release of holds on my beloved country undervalued currency. All is not lost, though.

There is one of the important details that should be decided during the weekend between members of a very important political offices and the International Monetary Fund. Please do not publish the following information, but use it to rest assured that this next week is very important, and we should not have to wait for a longer period.

Link to the chat: Click here.

Personally, I’m not surprised and I don’t think this is bad news. I have it from inside sources with legitimate IMF contacts that this lines up EXACTLY with what they are being told about certain IMF proceedings happening this weekend. Also, there is a very interesting and important meeting on March 30 to make a decision on the timetable for a Single Gulf Currency… which Iraq would very much like to be a part of.

According to Shaikh Salem Abdul Aziz Al Sabah:

plans will be designed and a time frame finalised for the financial infrastructure required to launch a single currency and for the [establishment] of the Gulf central bank…

Assuming Iraq is able to move forward and join into the this group along with Saudi Arabia, Kuwait, Qatar and Bahrain, they would be part of a currency that is most likely pegged to the dollar.

I’ll discuss this more shortly. For now, I have a ton of meetings lined up today. If you’re in the VIP room at the forum, we will be discussing very soon how we are going to be able to legally avoid most of the hefty 52% taxes a lot of people will be paying.

Join the VIP here.

Best RV wishes!

-Adam Montana

Hi everyone,

Just a quick update to let you know I didn’t fall off the face of the earth!

Check back tomorrow morning, I’ve been busy with a ton of stuff that kept me from updating.

Warm RV regards!

-Adam Montana

I’m going to address three issues in this installment of Iraqi Dinar Speculation – hope you’re hanging on tight, because there’s no time for the slow train. We’re attacking this one with ROCKET BOOSTERS.

(Most of this was addressed in the VIP already, if you need INSTANT answers and advice on how to handle your POST-RV gains – join today. The doors WILL be closing soon.)

Issue number 1: The Elections!

Allawi and Maliki are rumored to be running a close race, but I don’t buy it. Depending on what news source you listen to, they are both in the lead by a measurable margin. How is that possible? Well, my friends – it’s Iraq.

My personal prediction is and always has been that Maliki is a shoo-in.

Issue #2: Oil and the Economy.

This one is complicated. To answer a couple of questions: Has HCL been resolved? NO. Has Chapter 7 been lifted? NO. Do either of these have to happen before the Dinar is revalued? NO. Take for example the current attitude of the members of OPEC (Organization of the Petroleum Exporting Countries). All but Iraq are exceeding the limits that were discussed in December 2008. This tells us a few things, and we can easily see the following:

(more…)

There was a short power outage at the server, it’s coming back online now.

Hang tight folks!

Update: The site is back up and running.

From the host:

The LA Department of Water and Power (LADWP) utility power experienced an
outage. Our redundant power systems worked as expected, however the cooling
tower failover which handles several A/C units experienced a fault during the
switch over from utility to backup power. This caused several A/Cs to no longer
provide cooling and resulted either in power circuits tripping or your server to
hang.
We are working full steam ahead to resolve any outstanding issues with machines
still experiencing problems.

The building is scheduling engineers from the manufacturer of the cooling
towers to come out and investigate as to why this issue is occurring now, as it
has not in the many years past.

We are currently working on getting your server back up . Sorry about the long delay !

Hopefully we’re about through this mess. Thanks!

Hey all, it’s been a crazy couple of days – sorry for the lack of updates!

I’m hearing different reports regarding the election results. Most are in line with what I have predicted, i.e. Maliki is taking it hands down. Some outlets are playing the “oooh it’s a close race!” card, but I’m not buying it.

Either way, Maliki or Allawi can both do the job. Allawi has more religious group support, and Maliki is a proven leader with political operations already in place. Several members of the DinarVets.com forum believe that Maliki is a puppet for the U.S., and strongly believe the U.S. would back him before they would back Allawi. That brings us to another wrench in the gears – what happened with the assassination attempt? I’m hearing two stories. One is that bombs were thrown at his car, the other is that he was shot in a limb (arm or leg). One story says he’s fine, the other has him listed as in “critical condition”. So, which is it? Does anyone out there in DinarSpeculation Land have any confirmation on the current physical status of Maliki? As much as I hate to say it, something like that could throw a HUGE twist in the progress of Iraq.

Finally, I only have a limited update from my CBI friend. I had fully expected to hear back from him by Sunday, and I did – just not with the news we all wanted. It’s not bad news, but it’s not a rate.

Here’s the first email:

Adam, I write only to hold my real word. Policies and mechanisms of government bodies can be painful and long. As of this morning, to finalize the resolution rate of the value of our currency, has been delayed, because they simply can not. Agreement with the International Monetary Fund has given the country in Iraq is not more than 10 days to make this final.

I have questions on this, please read the entire Chat log on the forum here.

Here’s the second email:

Adam,

I’m sorry for the delay to contact me, but I do not think I had forgotten.

Also, said yesterday that one of the strategies that will be implemented in the upcoming events will be misleading. I do not need to explain more than that, we discussed this at length in our personal meeting. I will be in touch as soon as possible.

Comment on that email here: LINK to DV Chat log.

So, where does this leave us? According to that email, we could be no more than 10 days out from seeing a rate. (Note to the people that can’t read: I didn’t say you can cash in 10 days from now, LOL!) This IS Iraq, everyone – don’t spend more than you can afford, no matter how awesome it sounds. We might be cashing in in less than 10 days – or we might be waiting.

Either way, nobody can deny that this ride is coming to a close soon! Thanks for reading, and keep looking to the future my friends!

-Adam Montana

P.S. VIP members discuss this here.

Here is what works for most people:

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Clear all cookies and cache.

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… from my CBI friend.

It’s possible that we will have a rate by Sunday. At the moment this is still rumor, but this is the EXACT text from his email to me.

I’m not going into all of the details, but he gave me permission to publish this part:

On Thu, Mar 11, 2010 at 3:03 AM, XXXXXXXXXXXXXXXX wrote:

Hello Adam,

Thank you for the connection, and also thank you for your patience. We all know the importance of these current events, and I am happy to be with you in partnership at this time in our lives.

With regard to the topics you are asking about, and I already have the information that will want to hear. Letter of intent and articles on T-Bills are not only the Iraqi scratches on the surface, and if I may use the words.

Adam, I do not give them any of the following information with you if you were not have gained my confidence.

I am going to trust you with something very important. The fact that the Iraqi currency will be assessed in a short period of time will not remain a secret for long, and this is the reality now.

What I would like to ask of you is once I know that rate, I will be passing it and other important information for you in a short time. I think I will be passing this information to you before the beginning of banking on this coming Sunday.

When you pass it, it is imperative to have a large group of investors who do not take a lower rate if given the opportunity to re-investment with guarantees on their investments.

My bosses are now aware that I am in contact with a large group of investors, and as such he had expressed his willingness to give you the opportunity for special treatment and if you want to cooperate with government agencies in my country. To ensure you, it is an honest man and wants only the best for our country, and it will not act with evil intentions.

With your cooperation, we will be able to influence the price paid to a select group that would be a driving force in the near future of Iraq. And of course will be part of this transitional phase and help you and your group in any way possible. I must also advise that it might be wise to retain legal counsel as soon as possible.

Full info on the forum here: http://dinarvets.com/forums/showthread.php?13757-Very-possible-to-have-a-rate-by-this-Sunday!

More as I get it, make sure you’re on the newsletter or have this site bookmarked!