gozilla

What are they then going to do about the 50 and 250 notes? I don't buy that they would only change the value of some of their currency and leave others alone. Does not make any sense to me.

KWD = Kuwait Dinar, not Iraq Dinar

safedinar.com has a calculator on the front page.

Thanks PegSue. That link tells me that the search has timed out on that site. Scooter - Do you have the bill numbers you are referring to?

Does anyone have these links in full form? I cannot get them to work from the chat log... Thanks for the post PegSue

I hope you are on to something viper51 (excited!!)

I personally like the fact that the first thing you see on that page is a picture of the Dinar with Saddams mug on it.... then the writer proceeds to tell you how uninformed you are if you are investing in this "worthless" currency. Seems they should maybe do a little research of their own.

That is interesting... You can go back as far as 2006 and that has never happened, and now it has been that way since the 5th of Sept. Not sure what it means, tho.

If you "lock in" a rate with Dinar Trade (Ali), what I understand is that he then makes a purchase on that day from the CBI, even tho your appointment with him may not be for another 2 weeks or whatever. If you then decided that you wanted to go elsewhere, you left him holding the bag, and he will probably pursue you with legal action. You can always make an appointment and not "lock in" a rate, tho.

Jody2010 - Great Find! Sure seems like everything is rounding the corner all of a sudden.

CNN = Communist News Network MSN = Misguided Socialist Network

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I can't believe it... another tax unrelated to health care, but in the health care bill. Remember November!! Gold Coin Sellers Angered by New Tax Law Amendment Slipped Into Health Care Legislation Would Track, Tax Coin and Bullion Transactions 286 comments By RICH BLAKE July 21, 2010 Those already outraged by the president's health care legislation now have a new bone of contention -- a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny. The issue is rising to the fore just as gold coin dealers are attracting attention over sales tactics. Section 9006 of the Patient Protection and Affordable Care Act will amend the Internal Revenue Code to expand the scope of Form 1099. Currently, 1099 forms are used to track and report the miscellaneous income associated with services rendered by independent contractors or self-employed individuals. http://abcnews.go.com/Business/gold-coin-dealers-decry-tax-law/story?id=11211611

Could we be getting close? We can only hope!

I agree. Lets all call our congressmen and put a stop to this blatant taxation.