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

Originally Posted by Socata 850

Exactly Right. And the target will be a major US shipping port. My speculation is that it will be Los Angeles/Long Beach. It is only a matter of time.

Could be NYC again (stock exchange) or we could get lucky and they could go after Washington DC? (IRS, Congress, ect) we would have to start over and stop the selling out of the USA. But I must agree, it is not an IF but a When.

sorry

Originally Posted by frathousemicrowave

By you saying they only show one side of the auctions I assume you are saying that it doesn't show the amount of dinar the CBI sold, I agree. The CBI rarely sold dinar at the auctions. They are doing it more frequently now then ever before and anyone who has been watching them for a few years can tell you that. My point was that the CBI has been taking in dinar since the start of the PDF, Jan 04.

Very good. Please continue with your comments on how you see the effects of your numbers on the base money supply, its effect of inflation and possible supply and demand considerations on price rise/decline?

Socata,

Forgive my ignorance, but could you expound on the statement below? Thank you.


Warren Buffet is betting heavily on the decline of the dollar. To the tune of 16 billion dollars of his own money.

Originally Posted by clueless

I wish that I had paid more attention to the daily numbers in the past but I did not.

It would be great if some web guru was able to search some of those sites that save historical versions of web pages and build is a nice set of data with the full info from all the daily auctions.

Also, I do not know if IQD used in the GOI budget is included anywhere in the CBI figures.

This site Internet Archive Wayback Machine has a list from: January 06 – May 06, January 05 – December 05 and partial 2004.

Originally Posted by Cyberkhan

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.

What about Warka Bank? They will soon be up to speed technologically. Or for that matter any other bank in Iraq, perhaps a state owned bank like Trade Bank (The one HSBC is heavily into). If the Dinar is poised for a healthy revalue then a healthy run up as the country blossoms, why not?

ND

Originally Posted by Wm.Knowles

Very good. Please continue with your comments on how you see the effects of your numbers on the base money supply, its effect of inflation and possible supply and demand considerations on price rise/decline?

Knowles, I think you see my point now & as far as there effects on everything else, who knows, there's now way to tell how much is going back out once taken in by the CBI. But the fact is some does or they would have had to print a lot more.

Originally Posted by DinarDarling

Well, I have some thoughts on both of the above posts. I have been a Financial Planner for a number of years and handle many millions in clients investments. A Good Fin. Planner will want to know your goals, your tax situation and all other assets that are out there. You want all of your money going in the direction that is best for all your goals and that's hard to do with you split it 5 ways. If a person has many millions (as many on here will) they will need a couple of good Bond guys, others for tax efficient investments and others for growth that isn't going to create too much capital gains in any one particular year. So, when you say the ones who Perform the best - in which manner? The Bond guys may perform beautifully for certain tax situations, but if you compare them to growth performances, they would fall to the bottom.

There are some really good Private Banking companies out there than handle millions. They have a Group of financial professionals that all work together on your particular needs. I have approached a Private Banking division and will probably go with them when the time comes.

So, comparing several planners really isn't a very fair way to go, for you or for them. If you want to "play around" with some bucks and pass it out there for performance, that is one thing, but when we all have many millions, go to a Group of professionals. I may go to two groups of professionals and I also have contacts with two of the best Bond guys in the U.S.

Wanted to pass along another view points.

DinarDarling, Thanks for your helpful input here.

I just sent you a PM
Thanks

ND

Originally Posted by Ranger III

In my post at #326 please replace "subjective tense" with "subjunctive
tense."

Thank you.

quit usin them big words

Originally Posted by Ranger III View Post
In my post at #326 please replace "subjective tense" with "subjunctive
tense."

Thank you.

You sound incredibly intelligent, I can't help but be impressed.

Originally Posted by PlatanoKing

This site Internet Archive Wayback Machine has a list from: January 06 – May 06, January 05 – December 05 and partial 2004.

Thanks for bringing up this site king. Just in case nobody else is doing it, I'm gonna go ahead and crunch these numbers and see what it comes out to.