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

Originally Posted by ourhouse37

I am interested in that too, as well as the ramifications with the fed. Does one owe taxes on money made in currency speculation?
thanks for info

Interesting,

Just like gambling, any profits are subject to taxes, this is no different, profits are profits.

Good luck to all, Mike

It's Official! Iraq has a constitution

After a week and a half of counting and recounting to verify totals were accurate it is official, Iraq now has it's constitution in place. This is a huge step in the continued development of their country. Even despite continued difficulty with insurgents Iraq is pushing forward. The economy and businesses are thriving! (Click Here: Recent Poll)

Oh man I gota get my plans together :) Dinars here I come.

Thanks for the comments!

Originally Posted by roggerdude

It's Official! Iraq has a constitution

After a week and a half of counting and recounting to verify totals were accurate it is official, Iraq now has it's constitution in place. This is a huge step in the continued development of their country. Even despite continued difficulty with insurgents Iraq is pushing forward. The economy and businesses are thriving! (Click Here: Recent Poll)

Oh man I gota get my plans together :) Dinars here I come.

Great news, and with this announcement, I saw a great story on TV with behind the scenes view of the real Iraq. Once you get past the major news media mongers who focus only on death and negatives, then there is the truth, you see the economy and free enterprise exploding. As long as everyone in the media hates Bush, we will continue to see only the negative side. But, in time, like with last nights report, the truth will slip out that free enterprise is not only alive, but thriving in Iraq.

Good luck to all, Mike

Get the impression from doing more research and speaking to others that more and more Western banks are gearing themselves up for the Dinar to the extent that some have the Dinar on their systems and are only waiting on it being pegged by the CBI.

Very encouraging.

http://www.iraqdirectory.com/DisplayNews.aspx?id=368

This is what the IMF wanted Iraq to do and the third and final part of what they wanted before agreeing a Standby Loan at the end of the year. :0)

IMO this is currently THE BEST INVESTMENT CURRENTLY OUT THERE.

Anyone know how long it will take to be delivered once bought?

If you order in the State you'll get them in a week to 10 days, they're very busy at the moment now Constitution has passed.

ok, TY Adster

Hi All! :-)

Well...with all this talk of divesification I too have bought into the dinar phenom. :-) I must admit that I've had my eggs all in my P*ps basket, and they have been really comfortable ;-) But I decided to try this also.

I've never done this before, so I am pretty much in the dark how this whole thing will pan out!

I've read the documentation, and the odds seem really good. My question to anyone that may know, is...

How does one exchange the dinar once it's value has increased to the point of being 'exchangeable'? Is it like changing American $$ to Canadian $$? (Can you tell I live near the border? LOL!)

Also, when a "world bank" was mentioned, I was wondering if that meant 'Bank of America' or HSBC. And how do you know when is a good time to exchange?

Any clarification or thoughts are always welcomed!

Have a good one everybody!

Warmest Wishes,
Tiffany
formerly tiffytu