mach1.3

Right on the money !!!!!!

VIPER 51 ....any thoughts or info lately? Sorry too slow in typing...I see you already posted. My bad....

Well said Buckwheat....not of fan of naysayers and negativity!! His prediction doesn't come true so he jumps on the boo hoo bandwagon---he needs to get a life and find another site. As a vet flying numerous combat missions over Iraq, I can't stand people have no intestinal fortitude and look at things as a "glass half empty" when things don't go their way! People need to realize, nothing negative is happening out there as far as Iraq's parliament is concerned and their timeline. This a war torn country and look how far they came in the last month as far as a Gov't formation a proposal for a 2011 budget that is on the cusp of approval! A positive outlook goes a long way!!

1. I am just like everybody else on this site finding and posting info on our investment!! 2. To consider me a pumper is utterly ridiculous...I was posting info I found on don't promote other sites website because I thought "we" on DV would like some insight on our investment for cashing in 3. Whether you cash in with Ali on Dinar trade or go to a local bank....well, that's up to each individual 4. Whether you buy more Dinar or not is not my interest or do I care....to each his own 5. (And most important!!) Ali has and is being discussed all over this web site.....there's no difference here!!!!!!!!!!!!! Are they accused of pumping Dinar too?

From what I understand, no exchanges for USD directly....only gold, silver, etc will be exchanged like that. You can expect the exchange will be a wire transfer to your bank account. At least, this is what I understand from his web site. Hope that helps.

FYI --- THIS CHAT IS NOT FROM DINAR VETS (Not sure why it has DV in the chat dialog) sorry if it's already been posted....good info though! 6:02 PM [ali] goodevening everyone 6:02 PM [pyramid] Hi Ali, Welcome to DV on behalf of everybody here. 6:03 PM [Topguner] Good evening Ali on behalf of DV chat we would like to welcome you tonight 6:03 PM [Topguner] Ali is the President of Dinar Trade and is here to answer our questions about his company and the cash in process with Dinar Trade 6:03 PM [Topguner] ok…lets get started 6:03 PM [Topguner] will he have VND (dong) at all cashin places ? do we need to order ahead of time so it will be there ? 6:04 PM [ali] At the time of making your appointment if you let us know you would like VND for Dinars we can have them at our cashin locations 6:05 PM [Topguner] what banks can we do a ledger to ledger transfer with ? 6:05 PM [ali] Bank of America, Wells Fargo/wachovia, and Citibank 6:05 PM [Topguner] Ali this one i think is listed on your website at http://www.dinartrade.com if yes that is all you need to say 6:05 PM [Topguner] where are your cash in places located (state and city) 6:07 PM [ali] If you go to our website on the right hand side underneath the BBB logo you can enter your email address for the cash in procedures and it will provide all of the locations within the US and world wide. 6:07 PM [Topguner] how long will it take to get an appointment and will your current clients get first choice ? 6:09 PM [ali] Appointments will be made as soon as an RV is announced. Our customers will be able to lock in their rates. We will have available an online appointment system that you can book an appointment with as well as being able to call in. 6:09 PM [Topguner] What other mediums can we exchange our dinar into? i.e. Gold, Dong, etc. 6:10 PM [ali] You can exchange your Dinar for Gold, silver coins, swiss franc, Euro, Pound sterling, Chinese Yuan, and of course USD. 6:11 PM [Topguner] Ali when you say “our customers” are you saying people who have bought from you will be able to lock in? Does that mean non customers will not? 6:12 PM [ali] If you have purchased Dinars from Dinartrade we can lock in your rate. We will exchange dinars for everyone, but if you did not purchase from us we cannot lock in your rate. 6:12 PM [Topguner] What benefits does a customer get if they have purchased dinar from you vs. not having purchased dinar from you at cash in time? 6:13 PM [ali] We will automatically send out an email to all of our customers informing them we are taking appointments and that the rate has changed along with being able to lock in a rate. 6:13 PM [Topguner] How will a non ledger to ledger transfer be handled 6:13 PM [ali] The wire will be placed from one of our accounts and the customer can wait if they like until it has shown in their account. 6:14 PM [Topguner] How does a rate lockin work? 6:15 PM [ali] Upon calling or booking an appointment you can fill out a form to lock in your rate. If you choose an appointment a few days out it saves the rate as of the day you lock in. 6:15 PM [Topguner] What paperwork is sent to the government when we exchange for dollars or for gold or anything else that we should be aware of for tax purposes? 6:16 PM [ali] For gold there is no paperwork needed as it is a barter trade between two parties. As for exchanging into USD we as a company have to fill out a currency transaction report. 6:16 PM [Topguner] What personal information do you collect from us when cashing in and how do you safeguard that information? Who has access to it? 6:18 PM [ali] The personal information that we receive from you is saved in our encrypted database that no one can access except myself. We only require your name, social security number and address at the time of cash in. 6:18 PM [Topguner] I live in the UK London. Will be able to purchase gold from your London office? You are charging $150, per million dinars to cash in, I am from the UK how much per million dinars are you charging here to cash in? 6:19 PM [ali] In the UK it will be 100 pounds per million and we will have gold available. 6:19 PM [Topguner] Have purchased some dinar from you … and from several others… will I be able to cash in as much as I wish, even though it may not have been purchased from you …? 6:20 PM [ali] You can cash in all of your dinars with us, even if it was not purchased from us. 6:20 PM [Topguner] Will we be able to exchange for other currencies? 6:21 PM [ali] Yes, swiss franc, Euro, Pound sterling, Chinese Yuan. 6:21 PM [Topguner] I may want some in the Yuan, and what kind of surcharge for that sort of exchange? 6:21 PM [Topguner] oops guess that one is answered..lol 6:21 PM [Topguner] Is there any paperwork you submit to any agencies concerning such a transaction? 6:21 PM [ali] No. 6:22 PM [ali] We keep the information private unless called upon by the government with a court order. 6:22 PM [Topguner] Ali, I understand this would be your opinion ONLY but what are your thoughts on the VND doing an RV like Iraq? Obviously not the same rate. Not asking for a timeline just your thoughts on if they will? 6:22 PM [Topguner] how many people per appoinment, 6:22 PM [ali] We can accomadate any range of people, we will seperate them by groups of 30 per appointment slot. Each person will go into the room alone. 6:23 PM [Topguner] the rate; does it include a spread in it ? or is it as simple as cbi’s selling rate ? in oher words will it be better than or comprable to any banks rate ? 6:23 PM [ali] Once the Chinese starts to increase their currency the VND will follow suit, this is just my opinion. 6:24 PM [ali] We will be paying at the CBI’s buy rate and we expect to beat any banks published rate. 6:25 PM [goldengirl] Topguner Ali said that he would be able to cash in all of your dinar even if only a portion was purchased from him. Will the rate be locked in for the TOTAL amount cashed in? 6:25 PM [ali] Yes, the total will be locked in. 6:25 PM [Topguner] What are procedures for ledger to ledger? 6:25 PM [Topguner] and as part of that…. can you explain what a ledger trasfer is 6:26 PM [ali] The procedure is the same as a wire, but it will be quicker as a wire will take around 30 minutes. 6:26 PM [ali] A ledger to ledger transfer is an internal bank transfer. They will pull the funds from our account and deposit it into your account. 6:26 PM [Topguner] Ali, Do you need our social security number for barter trading such as gold? 6:26 PM [ali] Not for the barter of gold. 6:26 PM [ali] We will not need your SSN. 6:27 PM [privatepilot] Ali, you said silver coins are available, are gold coins available? 6:27 PM [ali] Yes gold coins will also be available. 6:27 PM [Topguner] Also, does a reserve order, even if not completed, still put us in the category of dinar trade customer? 6:28 PM [ali] Yes, even an uncomplete reserve order makes you a customer. 6:28 PM [Topguner] Is the metal exchange figured by weight or coin value? Gold coins? or bars? 6:29 PM [ali] It will be the spot price of the international market by weight plus 2% for bullion and plus 6% for the coins. 6:28 PM [Topguner] can you offer some solution to our iqd deposit investments in warka ? 6:30 PM [ali] As far as I know Warka is unstable right now because they were having financial problems with keeping minimum requirements with the CBI. I would suggest pulling out your funds with thema nd holding physical IQD. 6:31 PM [Topguner] Ali will the Iraqi Dinar automatically become internationally recognized when they remove the zeros and possibly rv? If not what is the process for this to take place and how will it effect people cashing in that are in the US? Will you still wait to open 6:31 PM [Topguner] your bank in Iraq when a time comes that you can be sole owner? I just saw they said not private owners still in Iraq how will this affect you? Thanks so much Ali! Got all my dinar from you and appreciate your swiftness and commitment to customer service! 6:31 PM [Topguner] that was one question..lol 6:33 PM [ali] That will depend on the government of Iraq if they will put the currency on the international market. Even if they do not, we will still be able to cash in your Dinars for you. 6:33 PM [Topguner] in your opinion, to exchange dinar for other foreign currencies, is it better to exchange for physical currency or is electronic ok? 6:33 PM [ali] We are dilligently working on our bank to have it approved by the ministry of finance. We are pretty sure it will be done once the government is fully settled. 6:34 PM [ali] In my opinion if you are going to another currency it would be best to have it in a bank that holds that particular currency. If you would like dong I suggest the physical currency. 6:34 PM [Topguner] can we barter for other currencies too, or is the bartering arrangement only for gold 6:35 PM [ali] You can barter on different currencies and gold. 6:35 PM [Topguner] can we use VND to leverage Dinar ?or does it have to be USD ? 6:36 PM [ali] If you would like to reserve Dinars using VND you are able to do so. We will buy it at the buy rate and convert it for you. 6:36 PM [Topguner] What banks will you use on ledgers to ledgers? If you have more than one bank, will you use the one we need for the ledger to ledger? If so, do we need to let you know when we make our appt? 6:36 PM [Topguner] i know part of htat was answered… but the last part wasnt 6:37 PM [ali] We will use Bank of America, Wells Fargo/Wachovia, and Citibank. We will use the bank that you have to place a ledger. You will not have to inform us when making an appointment. 6:37 PM [Topguner] how bout security wil it be in place there for our safety 6:38 PM [ali] There will be immense amounts of security at our locations, from the parking lot until our office and inside the building as well. 6:38 PM [Topguner] What is the charge extra? for getting say YUAN or GOLD? and is the gold buillion only or can you order European coins? 6:39 PM [ali] Our fee is $150 per million dinars, there is no extra charge. We will only trade gold bullion or american eagle gold coins. 6:39 PM [Topguner] Top ask ali if in Puerto Rico he have any dealer or what i can do from Puerto Rico and thanks 6:40 PM [ali] We do not have a cash in location in puerto rico but we will have agents there that will accept the dinars on our behalf we will wire the funds from our account to you. 6:41 PM [Topguner] Ali i have been asked by about 5 people if Chase is in the list of ledger banks 6:41 PM [ali] Chase is not a ledger bank. 6:41 PM [Topguner] Can you get a combination of products in exchange, like you want some gold, some cash, some Yuans? 6:42 PM [ali] You can have a combination. We will not be giving out USD in cash. 6:42 PM [Topguner] Do we get physical possession of the metals? 6:42 PM [ali] Yes, when you call to make an appointment let us know how much metal you will be purchasing. 6:42 PM [Topguner] As a customer can we do a charitable gift with our lock in rate to our church or organization? 6:43 PM [ali] That will be no problem at all, because it is on your behalf as our customer. 6:43 PM [Topguner] Also, does a reserve order, even if not completed, still put us in the category of dinar trade customer? 6:43 PM [Topguner] Also, does a reserve order, even if not completed, still put us in the category of dinar trade customer? 6:43 PM [ali] Yes. 6:43 PM [Topguner] Which of your centers will have gold available? 6:44 PM [ali] We will have gold available at our Santa Monica office. If you would like it at one of our other locations or a location of your choosing you will have to pay for the transportation of the metals from Santa Monica to your desired location. 6:45 PM [Topguner] What is the process for an uncompleted reserve order if it RV’s? 6:45 PM [ali] As long it is within the 30 days of the reserve order you can pay off the reserve with Dinars you currently hold or with USD. 6:45 PM [Topguner] Is the bank info needed to do ledger transfers the same as for wire transfers? 6:46 PM [ali] On a ledger we only require the account number and bank name. 6:46 PM [Topguner] Will Ali offer other types of investment in Iraq at the time of cash? 6:47 PM [ali] Once an RV were to occur we will have a variety of different business opportunities to offer our customers ranging from real estate to investments in the oil sector. 6:47 PM [Topguner] Ali you will contact your clients via email from info given when purchase made correct, and when you do contact that of rate change will you state the present CBI rate or do we get that upon making appointment? 6:48 PM [ali] You will get the rate at the time when you make your appointment. We will send the mass email out to our customers once an RV occurs. 6:48 PM [Topguner] do you offer cd’s in iqd as an investment opportunity in your bank ? if so when and @ what annual rate of interest ? 6:49 PM [ali] We will be offering CD’s ranging from 6 months to a year with interest rates ranging from 5%-9% per annual. 6:49 PM [Topguner] Have you heard of the the gov’t outlawing owning gold again 6:50 PM [ali] I have not heard that, it would not make much sense to do so. 6:50 PM [Topguner] Question #2 How much volumn or weight we talking about per million in gold.. is it feasable to transport any large amounts of gold 6:51 PM [ali] That would depend on the rate of the gold at the time but I would estimate around 53 pounds per million USD aprox. 6:52 PM [Topguner] wire transfers aren’t reversable..are ledger transfers reversable? 6:52 PM [ali] A ledger is not reversable. 6:52 PM [Topguner] can you give an example of the difference between the CBI rate, vs. bank rate, vs public rate 6:53 PM [ali] The bank rate would depend on what the bank chooses, I cannot speak for them. The most true rate is the CBI rate. A public rate would depend on the supply and demand of the currency in the market. 6:53 PM [Topguner] Will we be able to deposit our dinar into your bank at exchange time? Rather than exchanging our dinar. 6:54 PM [ali] Yes that will be available if our bank is open before a increase in the currency. 6:54 PM [Topguner] Can we choose to use a gold dealer we have used, and funds be transferred to him? AND will there be a deLarue machine at each of your locations, authenticate dinar at that time,,, AND transfers take TIME so how can we wait to see it in our account, it may 6:56 PM [ali] We can transfer the USD to a gold dealer of your choice or we can transfer it to you and you transfer it to the dealer. We will have DeLarue machines at each location. As far as I have experienced the transfers take a maximum of 30-40 minutes, which you will be allowed to wait. 6:56 PM [Topguner] is it possible to transfer iqd into your bank from warka directly ? and when ? 6:57 PM [ali] No Iraq is currently not set up for internal transfers. If you would like you can have someone in Iraq bring the physical currency and make the deposit. 6:57 PM [Topguner] Ali, If I were to buy 1 million in Gold and silver coins how would I get that home safely? Can a man carry that much metal? 6:58 PM [ali] You would be able to carry that home as it would be around 53 pounds. That is how much bags weigh now a days when women travel. 6:58 PM [Topguner] Do you see the rate varying much in the beginning with all the cash-ins? 6:59 PM [ali] It would be set by the CBI, I dont think there would be that much variation on the rate. 6:59 PM [Topguner] have child in army,can i cashin for her 6:59 PM [ali] You can cash in on behalf of anyone, given their permission. 6:59 PM [Topguner] If doing a ledger transfer can you transfer money into multiple accounts? Like if my USD amount is more than allowable by the bank for FDIC? 7:00 PM [ali] We will send the fund to your account and you can send the funds to your other accounts. 7:00 PM [Topguner] Back to the shipping rate on gold. I presume there is (should be) an insurance cost as an additional. expense. 7:01 PM [ali] There is a cost of shipping gold as it is insured shipping, depending on the weight 7:01 PM [ali] That is only if we are shipping it to a different location. 7:01 PM [Topguner] Ali, if we cash in at some place other than Santa Monica and want to physically pick up metal ourselves, how would that be handled? Would we get a certificate to pick up the metal in Santa Monica? 7:01 PM [ali] We are able to send the metals to a location of your choosing or you can come to Santa Monica to pick up the gold. 7:02 PM [Topguner] Can we purchase small denoms from you after the RV? Thru your website? Can we trade in our large denoms for smaller ones when they come out? 7:02 PM [ali] You will be able to do that. 7:03 PM [Topguner] can we send dinars to hold the reserve and the cash them in at cashin. 7:03 PM [ali] You can send the Dinars to complete your reserve, but only after an RV. 7:04 PM [Topguner] Upon verification of funds into account, you will then take the Dinar not before correct. And after verfiction of funds from our accounts the funds are availiable correct. 7:04 PM [ali] You will hold the Dinars until you verify that the funds are in your account. 7:04 PM [Topguner] how long should a typical appointment last? 7:04 PM [ali] Between 10 and 15 minutes. 7:05 PM [Topguner] Can one cash in dinar for another person who is out of country, in that person’s name. Or does it have to be in my name? If that person’s name, what ID is required? 7:05 PM [Topguner] ok…im going to pick the best 3 of what i have left… the poor guy is not a typest and our hour is up 7:05 PM [ali] You can cash in for another individual as long as you have a permission letter from them to do so on their behalf. 7:05 PM [Topguner] dont send anymore 7:06 PM [Topguner] here is one of 3 7:06 PM [Topguner] Please give us some clarification on this issue as I’m sure many of us want to know if we will be waiting hours or minutes for completion of this wire transfer, and if you PERSONALLY, have confirmed the instant transfers with the banks. Thank you. 7:07 PM [ali] I do wires on a daily basis and a wire does not take more than 30-40 minutes to reach your account, as long as it is a major bank. 7:07 PM [ali] I have experienced this myself. 7:07 PM [Topguner] Can one cash in dinar for another person who is out of country, in that person’s name. Or does it have to be in my name? If that person’s name, what ID is required? 7:08 PM [Topguner] If one of your employees makes an error or omission during the transaction, do you have E&O coverage for mistakes. For instance, suppose an employee puts the wrong account number in by mistake and the transfer is made to someone else’s account. How do yo 7:09 PM [Topguner] and our favorite one……. 7:09 PM [ali] You can cash in for another person in their name as long as you have a notarized letter stating that they allow you to cash in with the banking instructions along with two copies of their ID. 7:09 PM [ali] It will be checked by two people, and your self before the wire is initiated. 7:09 PM [Topguner] Ali, do you think the RV will occur before the end of 2010 and know what the rate will be????…lol…. sorry ali had to ask 7:10 PM [ali] As far as the RV I really have no idea. I think only God knows the real date. 7:11 PM [Topguner] ok…Ali.. that was brutal you have been GREAT 7:11 PM [ali] Thank you all, have a good night and God bless!

True....too many positives all the way around. Things are looking real good!

Everything sounds right on with what everybody is saying.....however, I don't like the comment about a Govt contact saying that the IQD wasn't even on the agenda. Then again what credibility does this Govt contact have.....who knows?

But it's not updating every minute like all the other currencies......interesting

Re-check the date......on the link it says this was posted by Admin 8/27/10......old news but it looks like they just reposted this info on their web site. Why, I don't know? You beat me to the post...but you are 100% right!!

Good post....sounds like a promising meeting!!!

According to what's happening in today's meeting.....this article is old news. Go to the forum talking about a guy who is at the meeting right now twittering. It sounds very promising A lot of apologizing from the Kurds and Allawi's party along with Allawi wanting to be part of this Government still. Looking good from a factual real time update!!

Great news!

Viper: I dont like his website...but just checked out AC's website who claims he either been to the meeting tonight or has connections. His claim is the meeting Thursday is canceled and accomplished nothing but face time for some opposing parties ....what's your take on this? Thanks for any info....

Found this........sound's promising From OKIE: BEEN IN THE OIL PATCH THE LAST 24 HOURS AND THOUGHT I WOULD MAKE A FAST FLY BY AND DUMP MY LOAD OF INTEL–FRANK IS SPOT ON WITH HIS INFORMATION– REMEMBER ME STATING AND LET ME RE-STATE–LET’S GIVE THIS A FEW DAY’S TO PLAY OUT? YOU DON’T REMOVE A MOUNTAIN WITH A TABLE-SPOON—YOU NEED A BULL DOZER. THE DELAY IS NOT A DELAY-(HMMMMM SEEM’S LIKE I’VE HEARD THAT BEFORE DOESN’T IT?) WERE ALL APPREHENSIVE TO SEE THIS HAPPEN–BUT AS I SAID BEFORE–JUST RELAX AND KNOW WHAT WILL HAPPEN IN THE VERY NEAR FUTURE. THERE ARE NO DELAY–JUST NECESSARY THINGS THAT NEED TO BE ADDRESSED IN A TIMELY FASHION. THERE ARE THINGS THAT WE ARE NOT SUPPOSED TOO KNOW ABOUT YET–TIME WILL TELL US THE TALE (HERES THAT DIRTY WORD AGAIN—SOON!!) BE IN PRAYER AND SHOW GRATITUDE FOR THE BLESSING’S TO COME—ALSO STOCK UP ON DEPENDS. YOUR GOING TO NEED THEM. PLEASE BUMP–AS I’M AT LIBERTY TO SAY THINGS SAFELY–WILL SHARE WITH YOU JUST NOT AT THIS MOMENT–BECAUSE WE DON’T WANT TO GET IN THE WAY OF A FAST MOVING TRAIN–