10-31-2014 *Adam Montana

[Vixen]

10-30-2014 *Adam Montana ~[ I read an article today that stated Iraq would use a 1-dinar note which consisted of 1000 old dinars and a 5-dinar note which consisted of 5000 old dinars. they did state it was a "lop". If this is true, what does this mean for our value?] That situation is indeed a "lop", which is a 0-sum event BUT would cost the country of Iraq a LOT of money... I just don't see it happening at this time.

10-30-2014 *Adam Montana ~[...what you think about the VND doing anything in conjunction With dinar? Or is Vietnam likely to do something on there own?] I think the idea stems from the talk of a "Global Currency Reset". I'm not going to say a GCR is impossible, but I will say it is highly unlikely and the IQD will be revalued based on the rate that the CBI feels it can successfully sustain... which has absolutely nothing to do with the VND. So, to answer your question - nope, the VND and IQD will not be tied together in a change of value.

10-30-2014 *Adam Montana ~[How can a country even think of revaluing their currency when there is such disruption within their borders? Is it naïve to think of an immanent RV could happen with the HCL (completion) and the filling of parliament with all the disruption.] IS was definitely a major consideration a month ago - today, not so much. The disruption within their borders may seem like a major deal to us, but for them it's just a way of life. It was no different before the value plummeted to worse than 2000:1, it has already doubled in value since that time in spite of the continued turbulence, and I see no reason to think that they will not continue to increase the value particularly once the HCL and Budget are in place.

10-30-2014 *Adam Montana ~[It has been said that no RV can happen until the 2015 budget is passed? Do you agree with this?] I agree only because it is possible to get both things done at the same time. HOWEVER, it's important to understand that if they pass a budget today and RV tomorrow, we would likely see a NEW budget the following day...but honestly, at that point...who cares?! [What are your contacts saying about HCL is complete or not?]
It is not officially complete yet - but that's not to say we won't see it in the news today or tomorrow.