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

[QUOTE=readytogo;122527]I could be wrong on this, but I believe once they take your money and give you a receipt it is considered accepted.[/QUOT

O yes, that's the way I was told as well....At the time of ordering the bank phones in the order & get's the price @ that time . You pay for it then & pick up the Dinar when it arrives @ the bank,,,simple as that...

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*.

Very well put. My thoughts also. It sure helps when one of you guys/gals can piece together my fragmented brain

Originally Posted by readytogo

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

You have to look at it this way, If someone wrote you a check, and you signed it and went and deposited it into your account, you would get a receipt stating that you made the deposit.Which means they accepted it. But if that check happened to bounce, they would take that credit back out of your account. Hence the part about verification. If they verify after the fact, they will still take the transaction back.

Originally Posted by TEXASGIRL

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

I've been on since 5:00am Texas time and she has not posted - must be away or getting some rest.

Also Just went through a database of people, long story, but HUGE LOST BRAIN HERE - well in that database of people is people in Iraq - so now that I remember I still had that database - I have emailed everybody that is in Iraq.

Cross your fingers ONE REPLYS BACK with answers to my questions.

Cheers

Originally Posted by TEXASGIRL

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

She was up late last night so is, my quess, sleeping...I am sure she will be here shortly

I found out today that a barrell of oil is 42 gallons, not the normal 55 gallons drums that I'm used to seeing. Also, now out of 42 gallons of crude oil they actually get 24 gallons of gas out of it when they used to only get 11 gallons of gas 70 years ago. Just thought that was interesting that's all.

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.....

I am not so sure, it might go on right up to the 24th. After tonight they start their weekend.

Man I have not a clue what is going on!

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.....

Well GOOD GRIEF! Now what YOU said Adster makes sense. I'm just going to sit here a while and not think

Originally Posted by Adster

If the banks are still selling them at the same rate I can't see there being a r/v going on behind the scenes......They would have suspended all sales. Moreso someone like Chase who have close links with Iraq.......

First, nothing new from Indira's fam . .

I agree with you Adam, but I called the international trading desk of Chase up in NYC . . . after a few minutes on hold . . . the gal told me that the IQD shows up *NOWHERE* on her screen . . . I asked her what that meant . . . she said that it means that they neither trade / buy / or sell that currency . . .

Then, I asked her how come some of their banks in Texas, and elsewhere make it avail. . . .

She said, "perhaps a few enterprising Managers are getting them from a source such as Thomas Cooke" . . . I also called American Express . . . and they said it wasn't on their screen either . . .

Best . . . RR . . .

18 October 2006 (Al-Sabaah)

Oil ministry prepared a plan for rehabilitation oil pipeline transferring via Syrian-Iraqi pipeline to raise size of Iraq exports from the northern fields with capacity of 250 thousand barrels daily.

A source at oil ministry said that, the ministry approached the Syrian side granting of protecting the pipeline from the terror attacks which try to destroy the Iraqi economic, pointing that settling of producing oil from the northern fields which reached now up to 580 thousand barrels daily would participate in settling the production, since the terror attacks caused negative results in producing Iraqi pure oil.

Rehabilitation Iraq Oil Pipeline via Syria | Iraq Updates