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

Yes, the experts have been preaching about the dollar decline for years and it has yet to happen. Although it could eventually happen I don't see it happening for awhile. The dollar will gain it's strength back, we're just in one of those planned cycles of the rich getting richer, wait and see. Enough of the doom and gloom, it's depressing me. lol

Originally Posted by motomachi

Hey Moto,

Walked into my friendly neighborhood BofA this morning and to my surprise
the bank manager gives me a big smile and wave and says, hello how are you doing today.. Then the cashier says hello XOXOXO can I help you ?? Yes.. Do you need a cashiers check ?? yes.. She says 'to S A F E D' ?? yes..

Now I have been in that bank many mucho times to get C Checks and don't know if they have caught on to what is happening or not.. But it was real funny to me.. had to stand there the whole time and try not to laugh !! I was the only customer in the bank at the time.

That was my last purchase----How many times have i said that/?

You would of had to been there,, This ain't turning out that funny here in my note, but it was at the time to me.

Later/XOXOXO

(This is good that the bank will acknowledge a good customer and to me funny the way it happened! It will be even more hilarious when this puppy "REVALUES"!!! Sooner then Later!)

The way they treated you says everything in the world about what they already know. You can't convince me that they are as stupid as they try to act about this whole thing. There are some of the people with BofA who know precisely where they stand in the entire process. There not much of a bank if they don't, especially considering the millions and millions of dollars this concerns.

Originally Posted by boomcreek

The way they treated you says everything in the world about what they already know. You can't convince me that they are as stupid as they try to act about this whole thing. There are some of the people with BofA who know precisely where they stand in the entire process. There not much of a bank if they don't, especially considering the millions and millions of dollars this concerns.

It's even better when you know they have bought dinar. When my husband bought dinar at Chase, the international currency teller told him he has 10 million dinar. Made me feel good that he believes in it.

Originally Posted by michael16

This is a very valid point. This is so true.

So, would gold or silver be a good area to invest? Thanks...

Originally Posted by frathousemicrowave

This year’s total dinar removed at auction in USD.
January = $887,200,000
February = $950,780,000
March = $1,174,065,000
April = $988,830,000
May = $920,190,000
June = $861,320,000
July = $875,960,000
August = NOT POSTED AT CBI
September = $1,186,690,000
October = NOT POSTED AT CBI
November & first 5 days of December = $920,910,000

At an average of 1471 for the year that would be 12,894,705,095,000 Dinar.
This does not take into account the few days the CBI sold dinar this year but
I don’t see much of a push to take more dinar out of circulation as of late.
With the amount of dinar needed to buy a dollar dropping this month & also
in November I would expect the USD total to be higher if they were trying
to dry up extra dinar. JMO.. I was bored.

Are these net numbers?

Originally Posted by ramplead

So, would gold or silver be a good area to invest? Thanks...

People!! People!! When/If this happens in the manner we hope for you should DEFINATELY HIRE some help in these areas. I am speaking of a TAX ATTORNEY, FINANCIAL PLANNERS, etc etc. I will pay them and pay them well. I am not going to attempt to become an investment professional over night. You shouldn't either. I will of course be involved and will certainly ask questions, but I will pay the pros to take care of my money. It's what they do after all isn't it. I am not going to pretend to be an electrician or a plumber, nor will I try and become a professional investment counselor. IMO You get what ya pay for. I will attempt to hire the best there is out there and trust them to do what is best for me which in turn will also be the best for them in the long run. Use the resources that will become available to you. At least that's how I feel about it. Have a great day for your days as you now know them are short.

Originally Posted by One Oar

Are these net numbers?

Gross, taken off the "History Exchange Rates" link.

Originally Posted by twins0203

Is it even possible for a US citizen to open a Euro type bank account without actually being a resident of the UK? If so, I'm assuming it wouldn't be able to be done online? Do they have some type of insurance that is similiar to FDIC here in the states? Thanks!

First a UK bank account would provide you with the Pound Sterling.

Almost all cash in this day and age is electronic digits. You can open an account in any currency you wish as long as you have the monies wired into those accounts.

Check out Welcome to EverBank! they have quite a bit of information on banking in foriegn currency.

With all of the talks about the upcoming potential threats to the economy and to electronic banking you might want to consider buying into hard bullion. That is one item that you can be sure will hold its value if everything else goes to hell in a handbasket.

Just my two cents...hope it helps.

Originally Posted by Goldenboyzhere

Hey Mike

Well what about the MASSIVE oil find in the Green River area (Colorado, Utah, Wyoming) that the US govt is keeping hush, hush,..... estimated at 2 trillion barrels of oil???

Interesting,

This is shale oil primarily, which at current extraction costs is not econimical unless oil stays at current levels. This will also take years to extract, and dollar is not backed with oil, but it could help a decade from now.

Good luck to all, Mike

Originally Posted by ramplead

So, would gold or silver be a good area to invest? Thanks...

Not completely sure about Gold....But if I end up with a few million dollars i will invest 500k in Gold......