July 20th 10pm

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Post From Peoples Dinar
What do we do Now and Post RV?

Swann1:   From what I've been told, the 'ordinary income liability' on currency applies to those individuals who receive a gain on money they bring back from foreign countries - whether they bought it here for travel, or brought it back from business or pleasure travel.
The difference for us is, that we bought it as an investment, just like land or other real estate, with the reasonable expectation of a profit at some time in the future.
in other words, it's the intent of the holder, and with our  purchase documents, intent would be easy to prove.
Noeta:    I have no information to back this up but my gut tells me that by the time this actually happens there will be a more definitive direction as to how this will be taxed. JMO

Post From Peoples Dinar
What do we do Now and Post RV?

Hopesway:     Let's (me and all of those out there who have wisdom to share) (not that I have wisdom but I have learned a few things LOL) talk about what we have learned up until this point:
For some of us we won't be able to do much without a little bit of seed money. That means exchanging one or two 25k notes right off the bat. This also gives us the opportunity to make sure it is really real. Like pinching ourselves. One of the "big" banks will be able to take care of that I am sure.
Once we have some moola in our pockets we can breathe financially. By that time we will of course know the rate. Good. The next step is to find out what to do with the rest of our dinar. Now is the time to contact that CPA etc we have all been advised to have scoped out. I have mine all picked out. I haven't talked to them yet. There is no reason to. It also time to contact the pre-vetted financial adviser we have decided on.


Elmerf123456:  Listen...........Eyes Wide Open!   This is no time for despair for Financial change is in the air!  Over the years you have been given much information and trained by many intelligent people and with all that, is your believe system strong or still tarnished? Eyes wide open everything is right in front of you.

Charlieok:  Elmer: As it has been for years. After one gets past the initial "buy-in" concepts - TIMING has always been the issue. IMO there have been more than a few times that the "pulling of the trigger" would have been successful. When he/they don't pull it; a whole new algebra has to be dealt with. Who has the '''''' to pull the trigger, if the math is right at a particular time. That, IMO is the issue.

Elmerf123456:   http://en.economiciraq.com/2017/07/20/governor-of-the-central-bank-of-​iraq-expect-economic-movement-in-the-next-stage/

Steadfast:  so what do we think the hold up is? Iraq , or is someone else holding this thing up? Why would Abadi promise his people all that he did and then not deliver? I don't get that?

Post From IQDCalls Chat Room                                           
Chat Room News Excerpts & Highlights Thurs 7-20-17  Part 2 of 2

​BlackGold: @tman23 That so called Toxic country pumps 400 million barrels of oil a day, have Gold reserves of 89 tons, that we know about. Plus gold mines silver, platnum and Rare earth minerals. What do our lousey banks have as collateral
tman23: @BlackGold ...... Jamie Dimon outlook for JP Morgan was less loans in the forecast......
Okay, maybe because dinar speculators would be having large deposits and not need to borrow....(thats the Guru view)....... Then yesterday Wells Fargo announced closing 400 branches to save money......
Okay, those workers are going to the call centers..... or those branches are not currency exchange branches.....and the large depositers will not be in those banks.......

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Thurs PM 7-20-17  Part 1 of 2

​Spectra: now hows about that Iraq dinar??
Sparky: @Spectra looking promising
Spectra: im going news hunting maybe something good is out there ill be later -k
 Sparky: @Zig any Thoughts in Enorrste post in recaps?
Romello: @Sparky He did another or yesterday?
Sparky: @Zig earlier today
Romello: @Sparky Gotta read that one. In recaps?
Sparky: @Romello may be yesterday, but solid