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

Originally Posted by Adster

With all the new articles etc knocking around recently there's every chance the dinar will be pegged to the SDR.

Good news, if this is correct we're looking at an opening of $1.48.

It's wonderful to hear such optimism about our dinar cash holdings! This optimism is based on a continually growing foundation of facts and events - combined with that inescapable feeling in our GUT!

Zero loppers, low revalers, tax avoiders and fearful "re-print nut cases" have for the most part - slid out of their cash holdings and moved across the street to the ISX!

That's just fine because everyone will come out winning - stock holders will likely tap into truly astronomical wealth!

Personally, I remain highly optimistic!

Originally Posted by crave681

On the contrary, my dinars set off the radar in Seattle... it was in my backpack that you have to put on the conveyor belt, i didnt want to put it in my suitcase....... the guard said it was their "organic" detection stuff ... and asked me to open the envelope the dinar were in to confirm it was just currency. I did, and he looked at all the bills real quick without taking them from the envelope, said thanks , and let me go.
This was on a domestic flight from Seattle to Dallas.... but my concern here is if people try to take their dinars on an international flight .... like to the Caymans or Belize .... and when arriving there, are asked to go into a back room only to have to bribe someone with dinars, or even worse , have them "confiscated" .

That's news to me as I carried 15 million from Baghdad to Dubai to Athens Greece to NYC to Austin, Texas without a problem. I don't doubt that this happened to you, I am only stating my experiences.
Then again I walked through the baggage check at Laguardia in NYC with a switchblade in my backpack and noone said a word.....so who knows.

Originally Posted by billknows

It's wonderful to hear such optimism about our dinar cash holdings! This optimism is based on a continually growing foundation of facts and events - combined with that inescapable feeling in our GUT!

Zero loppers, low revalers, tax avoiders and fearful "re-print nut cases" have for the most part - slid out of their cash holdings and moved across the street to the ISX!

That's just fine because everyone will come out winning - stock holders will likely tap into truly astronomical wealth!

Personally, I remain highly optimistic!

I think it is just one of the possibilities. And I am not concerned about it. Becuase as sure as I am that the dinar will be revalued I am equalling sure that once on the open market at whatever price it starts out at it will rapidly climb the charts. My concern is that it gets on the market. I would gladly take an initial reval of $.05 to get it started. No problem.

By the way I am holding cash. I do not have faith in the ISX.

Originally Posted by DinarDarling

My husband and I have been on several Caribbean cruises, both departing from Ft. Lauderdale and from San Juan, Puerto Rico. When you board, they do not open your luggage. They just pile it in huge metal cages and take them on board. They then bring them to your cabin. Everytime you board or depart the ship while on the cruise, all your carryon's must go through a metal detector.
When you are to depart, you fill out a customs declaration form and hand it in at customs. On it, you list how much you have spent. For instance, last April, we went from and back to Ft. Lauderdale. We were told on board that we could purchase $800 of "stuff" per person. So, we put $1595 on the declaration. I actually spent far more than that due to the fantastic jewelry deals in St. Maarten. They don't ask to see your "stuff". If they do want to search (never heard of it, but could be a possibility), who is to say what jewelry you took with you when you first boarded the ship.
So, maybe that answers your questions.

How about boarding the ship initially...can you just carry it on?? Do they check your purse or body through a security or anything?

Originally Posted by Jetsa

Texas Tea, your in Round Rock??? If so, I am right around the corner from ya. Drive past that Chase every day. And across the street slightly is the Compass bank I made my 1st Dinar purchase at.

I am right down 620 in Lakeway.....what up neighbors.

Originally Posted by Adster

With all the new articles etc knocking around recently there's every chance the dinar will be pegged to the SDR.

Good news, if this is correct we're looking at an opening of $1.48.

i figured as much as well, and considering the jordanian dinar is at $1.43 apparently they dont have to have the same weight distributions under the sdr?? im confused about that because i would think that iraq would have more weight in their sdr basket?

Originally Posted by ccgideon

How about boarding the ship initially...can you just carry it on?? Do they check your purse or body through a security or anything?

You go through a metal detector for your body and your purse and/or carryon goes through a metal detector - just like at the airport.

They don't check through the carryon's very much at all when you get off at a stop, such as St. Thomas and want to bring some good scotch back to the ship. They always have instructions that you can't bring your own liquor onto the ship. Well, that's bunk. We've now been on 4 different cruise lines and quite often buy something liquor, bring it back in shopping bags, goes through the metal detector and they don't say a thing. They have a screen they are looking at and I'm sure a liquor bottle is easy to notice, but we've never seen it pulled out at all.

We think they are just going for the metal detector stuff and not much else.

Originally Posted by Caviar Dreams

You might want to go back and edit your post to remove the phone number to the bank, so they don't get flooded with other people calling before they read this post.

I edited the first post. thanks

I was in error on something in my last post. When you are in St. Thomas and you purchase alcohol, they ask what ship you are on. They they deliver it to the ship and they hold it and give it to you to pack on the last night before arriving at your final port.
I can't attribute that we ever did take a bottle of alcohol on in a carryon, but when we board and we would like some nice scotch in our cabin, we put it in our checked baggage.

But, I think your main concern is taking Dinar to the Caribbean. You either declare it or you don't. If it's worth over 10,000 USD, you are supposed to tell them. Not everybody does. I know a fella who just went out of Seattle airport last month with he and his wife each carrying combined $4million Dinar to Mexico. They carried it on their body and was not detected at the metal detector.

Originally Posted by RetMil

I think it is just one of the possibilities. And I am not concerned about it. Becuase as sure as I am that the dinar will be revalued I am equalling sure that once on the open market at whatever price it starts out at it will rapidly climb the charts. My concern is that it gets on the market. I would gladly take an initial reval of $.05 to get it started. No problem.

By the way I am holding cash. I do not have faith in the ISX.

I respect your opinion however I have spread the risk a little in cash some in Warka some in ISX. What you have to think about is all these deals and when the world starts to invest in Iraq alot of money will be going through Iraqi Banks thats why most of all my stocks in the ISX are financial ones the way I look at it if its good enough for HSBC and other western banks to be already invested in them its good enough for me.