Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by WebGuy75903

If I can play devil's advocate for a second - Let's play a little game of pretend, shall we? Let's pretend that we are indeed at the precipice of this venture, and that an R/V is definitely imminent... And let's say it's going to happen on Friday. Alright, given those factors, Chase bank is still a business. If they do, indeed, know of this pretend R/V, it is obviously being kept quiet, since no one here knows the facts of what's going on with CBI. If you were in charge of Chase Bank, and you made the call as to whether to trade in IQD or not, would you either A) conduct business as usual to eliminate any speculation, thereby raising no one's suspicions on what's going on? Or B) Stop selling all IQD, which would simply feed into the whole speculation phenomenon?

I'm not suggesting that this is what is going on, but just because Chase Bank is likely in the "know" on matters such as this, and they're conducting business as usual, doesn't mean anything. Look, I walked into Chase Bank last Friday, to place an order for Dinar. It was clearly the first time anyone there had ever gone through the process. My guess is a lot of Chase Banks are in similar situations - They have one, or two (probably no more than five) buyers of Dinar. We aren't hurting their bottom line all that much by them allowing the sale of Dinar to continue, even if something is up, and they know about it. If this situation is meant to be kept hush-hush, what's the best way to do that? Conduct business as usual.

The truth of it all won't be known for a while, at the present rate of news being printed/released. We will all find out eventually what is going on. Let's not discount an R/V possibility just because Chase Bank is a very large bank, and they should know the information. But by the same token, let's be responsible, and not rush out to clean out our savings account to buy as much dinar as we can afford, because this *could be it*.

Phone lines are down too. Who are they going to call?

Originally Posted by WebGuy75903

If I can play devil's advocate for a second - Let's play a little game of pretend, shall we? Let's pretend that we are indeed at the precipice of this venture, and that an R/V is definitely imminent... And let's say it's going to happen on Friday. Alright, given those factors, Chase bank is still a business. If they do, indeed, know of this pretend R/V, it is obviously being kept quiet, since no one here knows the facts of what's going on with CBI. If you were in charge of Chase Bank, and you made the call as to whether to trade in IQD or not, would you either A) conduct business as usual to eliminate any speculation, thereby raising no one's suspicions on what's going on? Or B) Stop selling all IQD, which would simply feed into the whole speculation phenomenon?

I'm not suggesting that this is what is going on, but just because Chase Bank is likely in the "know" on matters such as this, and they're conducting business as usual, doesn't mean anything. Look, I walked into Chase Bank last Friday, to place an order for Dinar. It was clearly the first time anyone there had ever gone through the process. My guess is a lot of Chase Banks are in similar situations - They have one, or two (probably no more than five) buyers of Dinar. We aren't hurting their bottom line all that much by them allowing the sale of Dinar to continue, even if something is up, and they know about it. If this situation is meant to be kept hush-hush, what's the best way to do that? Conduct business as usual.

The truth of it all won't be known for a while, at the present rate of news being printed/released. We will all find out eventually what is going on. Let's not discount an R/V possibility just because Chase Bank is a very large bank, and they should know the information. But by the same token, let's be responsible, and not rush out to clean out our savings account to buy as much dinar as we can afford, because this *could be it*.

Well put WebGuy - Excellent post

Originally Posted by TEXASGIRL

Susie, why are you so quiet????????

She was up all night and posted to about 8-9am. I'm sure she's sleeping now.

Originally Posted by choochie

Well, I hope mine does the same, but on my receipt it states that "Transactions are subject to the Bank's count, verification, and acceptance."
They could very well decide that after verification, they no longer accept my transaction. They always protect themselves in the fine print.

I could be wrong on this, but I believe once they take your money and give you a receipt it is considered accepted.

another heavy volume of visitors today. are we expecting to see an RV today again? no more Bs from the pranksters today I hope.

According to a Noozz.com editorial placed today, Iraq's Oil Minister says they are at 3M bpd. Thought I'd let everyone know...

Banks aren't in the business to give money away! IF they knew there was an imminent r/v they'd not be selling dinars they'd be holding on to as much as they could!

Sure we'll have our answer in the next 24 hours.....

Originally Posted by phiberoptik

u gotta link to the forum i've never heard of DO

More like DOO DOO

Originally Posted by TEXASGIRL

Actually, SafeDinar told me that they would contact FedEx and have the package returned in the event of a reval while the package was in transit. That was back when I first started buying from them. They have the tracking system and can recall it at anytime.

Originally Posted by Offshore-Wealth.com

Correction,

Just so you know, if it is sent FedX, it can be cancelled before delivery, so COD makes no difference, with computers you can cancel delivery anytime you want in a couple seconds with FedX.

Good luck to all, Mike

Guess I have been out of the shipping game too long. I did not realize that!

Thanks for the correction.

Originally Posted by Adster

Banks aren't in the business to give money away! IF they knew there was an imminent r/v they'd not be selling dinars they'd be holding on to as much as they could!

Sure we'll have our answer in the next 24 hours.....

Maybe not if they knew that they could make up the difference in exchange rates and interest gained from all those extra millions in their accounts.