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

Originally Posted by phone guy

does that mean i can ask if anyone knows of the rumor that the first rv is good only in iraq

But be ready to back it up with facts please.

Just a quick bit of info about Chase.
I have found 3 Chase banks near my area (50 miles south of Chicago), that have sold Dinar to friends of mine. It took me a few weeks to hunt them down and many hours on the phone to weed out the ones that had no idea or said they couldn't get them. Here is the weird part.
The last bank we called said yes they could get Dinar, and it was a 2 day turn around, but we had better hurry if we wanted to order. I thought that was strange. This was early last week. Here we go........
Good day.

Originally Posted by Elfwizard

Sure would be nice, I could pay off my house, my wife could retire and stay at home with our 4 month old!

I could pay off my house and Ex wife......


OSOK

Originally Posted by OneShotOneKill
I am still catching up but can we get some B of A branches where a purchase has actually occurred. I read this at lunch and thought great I will hit my branch on the way back to work. I have an account there and when I asked the teller if I could now purchase Iraqi Dinar, I have asked a few times, she said yup sure can now. So we started the process, and then she got a funny look and said looks like we can't after all, that is strange cause we thought we could today. She called the manager and he took me to his office and couldn't find it in the system so he called his support number. It was on speaker and the lady was clearly flustered. She said they had literally THOUSANDS of calls today and wanted to know where I got my information after she verified my account. I explained that I got the info my an investment club friend on the internet. She asked me if I had the Website URL and I stated I didn't have it with me. She then gave me her personal FAX # and asked me to send her the info as soon as I could???? That sure ain't going to happen. But very confusing to say the least.

Thoughts?

Originally Posted by Vipor

They're on a "mole" hunt. Someone leaked something that they shouldn't have.

I KNOW...I KNOW Tell her to just tell you the new rate and you will make all the calls go away?

Originally Posted by phone guy

How about an apology for not even giving the new guy a chance last night, to try and get an answer about the in iraq rv only rumor

Have you read the first post of this thread and signed? This just being allowed as of today. Welcome and fire away. Stay on topic and be ready for the Dinar Gang Initiation.

13 November 2006 (Iraq Directory)
The non- activation of the Iraqi new investment law in terms of forming its management, supervising body, naming its members and starting their work, caused a great disappointment among investors in the Iraqi Stock Exchange, especially that vigorous efforts being made to update its performance: installing new equipment and supplies of electronic trading and organizing Stock Exchange halls, in preparation for the start of adopting this mechanism, which is exercised for the first time in Iraq.

Head of Iraqi Stock Exchange Trustees, Talib Attabataba'i, hopes that some factors which he considers crucial for the continuation of investors in this vital sector will help to employ their investments for the best. On top of these factors: the stability of the security situation.

He explained that "the investor in the Iraqi bourse faces the challenges and difficulties, arising from the deterioration of the security situation, with high spirit reflecting his view that the current situation is exceptional, and therefore it is necessary to keep on maintaining the performance of the bourse. This is evident from the general indicators, which confirms that the development in performance remains a salient feature in the march of the market".

Attabataba'i took last September as an example, and said that the number of shares traded during that month was 4.212 billion shares; that is, 527 million shares a session. In comparison to the number of shares traded last August which hit 720, the number of shares traded this month increased by 54.9% from the number in August. As for the volume of transaction in September, it hit 8.422 billion dinars; that is, 1.052 billion dinars a session, and compared to the volume of trading in August of 4.622 billion dinars, the volume of transactions for this month increased by 82.2%. As for the number of contracts executed in September, they increased by 2928 contracts from the previous month at a rate of 29.4%. He added that last month indicators show stability in prices and volume of transactions, despite the continuing impact of the security situation on the overall economic activity.

Attabataba'i said that the banking sector is almost the main engine of the market. This sector achieved, during the same period adopted in comparison above, the largest relative importance in terms of the number of shares traded and the volume of transactions which was 74 per cent and 78.8% respectively of the total after circulating more than 3.117 billion stocks at a circulation volume of more than 6.551 billion dinars.

The shares of Basra International Bank, which is preparing to hold its annual meeting in Arbil next Sunday, were the most circulated ones for this month since the ratio of the shares traded, was 34.1% and 26.8% respectively of the total, where more than 1.063 billion shares were circulated valued at more than 1.757 billion dinars in Basra Bank alone.

Head of Stock Exchange Trustees demands for rapid activation of the investment law | Iraq Updates

Info from CBI-----Awesome, I think we're close!

Info about BOA-----Why is everyone getting so worked up about this? Someone went into a BOA a long time ago and asked about Iraqi Dinar and some bank official who didn't Tim from Tom told them that BOA wouldn't buy/sell dinar unless it was on the market (probably just a generic statement) and now all of a sudden BOA buying/selling dinars is a certain indicator that the dinar is about to be traded because "BOA won't deal in it otherwise"---come on people..I don't think this means as much as everyone thinks it does.

Originally Posted by phone guy

Thats the problem,I do a lot of forum surfing. I just figured I could'nt be the only one to see this.Long story short NO FACTS .I was hoping yous guys dids.

Our History Thread. Has 25,000 post and over a million views. Good education. http://www.rolclub.com/iraqi-dinar-d...aqi-dinar.html

Just passing it along. I went into Chase branch closet to me this morning, Sandy UT, to pick up my order. I had ordered on Fri 10th ½ mil of small. You have the option of; Large, Mixed Lg and Sm, or Small. So when the teller opened the delivery envelop I was disappointed to see only 25K notes. This event enabled me to glean some other information I thought you all would like to know. I could only get the 25K notes.

She (teller) proceeded to tell me she would call California, where it had come from, and ask for an explanation. Then, I asked her if by chance it was coming from B of A she said yes, but it was from there commercial or investment division, not the retail banking side. Discussing matters further I was told that Chase joined with JPMorgan about five years ago.

You may recall reading on the forums about Chase, Citi Group, JPMorgan and the Rothschild’s (identified as other interested parties) were the ones who start the movement of the New IQD into the international market. As I recall, this all started about 18 months ago. The IQD has ever since then been an international currency, just not circulated in the public sector. We did, however see a lot of NID moving into other banks, countries and Fed Reserve. So we were very hopeful at that time, as soon as the large stock pile were filled up, that we would start to see the NID transact in the public sector. (Just one of the many other high points of this very awesome roller coaster ride.)

Where we are today and starting with the Compass banks of the Texas area is a huge move forward. It finally appears the IQD is no longer a gamble but like “waiting for the other shoe to drop.”

Sorry, no links. Just my poor memory. If this belongs in another thread, please relocate.

Originally Posted by neno

I am couriously wondering if all have seen this. I just saw 12 Thank Yous for this post. With 168 members online and just 12 hits, I am guessing you all, missed this. This is "BIG NEWS" from a Official Site Gang.

I saw it but have seen posts similar to this come and go, like the promise of the 10k dinar to the people. Just hope it happens soon.