roseserv

I do hope he and everyone else is doing well, but talk about that feeling of being forsaken! 😆

Thanks Adam! Really hoping were are coming to the end of this 16 year(for me) journey.

Thanks for the information Adam! Its been 15 years, think I'll stick it out till the end.

Thanks Adam! Was wondering what you make of the protests and unrest in the area.

Thanks Adam! This was a nice wake-up message. Been patiently waiting since '05. Iraq is looking like it can handle it soon, we hope.

1. Yes, I believe so. Part B - that's going to be speculation regardless, unless he personally announces it. 2. What we hold is insignificant to them. Yes, we will benefit... but they will benefit much, much more. (((Only expressing my concerns here. Have held Iraqi Dinar since 2005, I want the RV to happen, just have doubts to how well it will RV.))) While I do believe Iraq will see a benefit to an RV, the amount of Dinar that is outside their country does concern me. If they have nearly 30 Trillion Dinar in circulation, how could they cover a 1:1 exchange? $30T is to much to cover. Even with a $.10:1 exchange rate that would still be $3Trillion. The USA has (est.)$1.5T cash in circulation. Those are the numbers that don't jive with me. I do read articles from others that do make sense it what they say: (hope posting this link is ok.. I am NOT promoting the site, its just an example) https://skeptoid.com/blog/2014/02/10/the-ugly-truth-about-the-iraqi-dinar/ Guess I am a bit of a skeptic as well as being an optimist. Thanks Adam for all you do! GO RV!!!

Thanks NextYear, but the authenticity of the currency was not the point of my post. It was whether or not you had to prove it was purchased through an "authorized" dealer. Part of the rumor spoke of the Iraq government having not wanted their currency to leave the country without their permission(it was briefly discussed before by, i think, Adam at one point[can't find that post]). So much of their currency is unaccounted for and was removed from the country(some by ISIS). It was rumored that a way to keep either unwanted parties from cashing in and/or counterfeits from being cashed in, that proof of purchase of larger amounts(maybe over 1M IQD) would be needed. This is for all the people that brought Dinar home from Iraq or obtained it by means other then an "authorized" dealer.

My condolences to her family. We all feel the loss of this fine lady.

Thanks for that info, I know all of mine is real. My question is about whether or not "non-verified" Dinar will be excepted. Rumors I have heard state that if you bought Dinar through a "certified" dealer and have the paperwork to accompany it, then you will be able to cash it in, but those that bought dinar, either while in Iraq or elsewhere and brought it back to the USA, you may not be able to cash that in. Anyone know if there is truth to that? I have some of both. I know a few people that purchased a lot of Dinar while in country(Iraq) and brought it back with them. Would hate to think that they can not cash in on that. Thanks to all.. Go RV!

Re-posting this question since it seems that, again, my question was missed. Adam and all the supporters here, First i would like to thank you, Adam, for all the time and effort you have put into this site. Including all the work I don't see that goes into the other parts of this site that i don't use. Thank you to all the others that add their flavor to this site. I have not posted anything to the forum in a while, also have not kept up with the news (if any) about the RV of the Dinar. The reason for this is for one simple fact and I hope you can give your opinion on this as well. (I apologize if someone has asked/stated this before, but i did not see it in any of the previous posts that i glanced over) In any history that i have read, there has never been a country that has revalued their currency while being occupied by a hostile force. While i know some will use post war Germany, Japan, Italy and maybe even Kuwait as examples of countries that RV'ed after a war while having foreign forces within their borders. I ask you to remember that those countries (post WW2) had an occupying force to assist in rebuilding as well as protect them and prevent an uprising, Iraq has a HOSTILE force hellbent on taking over. With that said, I do not foresee Iraq doing an RV any time soon, at least not until some time after ISIS has been removed from their borders. One thing that any country needs in order to either grow trade, grow an economy or revalue their currency is to show they have control of their country and that any investment in their country would be at least seemingly safe. With a hostile force within their borders, stealing their major resource (oil), they are unable to show themselves as a strong nation that is in control of its economy and/or people. Thoughts? Thank you for all you do.. Go Iraq, Go RV!

Adam and all the supporters here, First i would like to thank you, Adam, for all the time and effort you have put into this site. Including all the work I don't see that goes into the other parts of this site that i don't use. Thank you to all the others that add their flavor to this site. I have not posted anything to the forum in a while, also have not kept up with the news (if any) about the RV of the Dinar. The reason for this is for one simple fact and I hope you can give your opinion on this as well. (I apologize if someone has asked/stated this before, but i did not see it in any of the previous posts that i glanced over) In any history that i have read, there has never been a country that has revalued their currency while being occupied by a hostile force. While i know some will use post war Germany, Japan, Italy and maybe even Kuwait as examples of countries that RV'ed after a war while having foreign forces within their borders. I ask you to remember that those countries (post WW2) had an occupying force to assist in rebuilding as well as protect them and prevent an uprising, Iraq has a HOSTILE force hellbent on taking over. With that said, I do not foresee Iraq doing an RV any time soon, at least not until some time after ISIS has been removed from their borders. Thoughts? Thank you for all you do.. Go Iraq, Go RV!

You sure this doesn't have something to do with FATCA “The Foreign Account Tax Compliance Act”? Implementation has been delayed on the law but it is going into effect and many countries are either working with the USA government or they are closing accounts owned by US citizens and not opening new accounts for US citizens.

Bigwave, Was not asking how to mitigate the taxes on my cash in, it is understood how to do that. I was asking a straight forward question.. What will the tax rate be? I asked this since it was brought up in the original post that the tax laws have changed under our current (idiot) president and he says it will be considered a "findfall". Some are not able to take the steps to avert a high tax rate and some will want to cash, in at least a little, here in the states. If there is any real information on the rate we will pay, i was asking that it be shared here (if at all possible)

Was fairly interesting, thanks for taking the time to post.. You glanced over the taxes though. I still want to know what will be the taxes if we simply deposited the exchanged Dinar earnings. So if i went into a bank with say, 1 million Dinar and the exchange rate is (we hope) 1:1. What percentage in taxes will we have to pay? I know we won't be able to get the Capital Gains Tax rate of 15% or so, but will it be an earned income rate of 30-35% or will it be a Windfall tax rate of 45-50% or even more? It seems no one has that answer at this time. After the "spread", this is the main thing i want to know Go RV!

Thanks Adam... but, is there a reason my question was completely ignored? I know it calls for speculation (Conspiracy theory aside), but think it is a valid question on how or when the possible RV can happen.