tampabay

Rulesforrebels -- I was only using 1.17 as an example. I have actually read many different rv rates over the past few years. Anywhere from .86 to 12.00+. I guess my question boils down to this: Whenever we read that the Iraqi Dinar Note will rv at an amount -- any amount -- does that rv amount refer to the value of the Iraqi Dinar Note or does that rv amount refer to the USD. I was always of the opinion that the rv amount referred to the USD. If the rv amount is 3.22, it makes a huge difference as to which it refers -- Dinar value or USD. Thanks.

Thank you for all of your responses. I'm glad to see that I am not the only one having questions about this.

Please straighten this out for me. I have been going along for the last several years thinking one way and then I read a post several weeks ago that totally threw me for a loop. When it states that the Iraqi Dinar Note will RV at 1.17 (just using for example) I understood that to mean: 1 Iraqi Dinar Note will equal $1.17 US Dollar The post that I read stated it as this: 1.17 Iraqi Dinar Note will equal $1.00 US Dollar. For 1 million Iraqi Dinar Notes, that makes a lot of difference. It could be 1.17 million US Dollars or it could be $854,700.85 US Dollar (1,000,000 Iraqi Dinars divided by rv amount 1.17 equals $854,700.85 USD) I keep thinking about this and now I am not really sure how it should be calculated. Please, someone tell me the correct way to calculate. Thank you very much. Tampabay

I have to tell you, I am so completely frustrated, disillusioned, and overall mad. We can't even worry about the rate any more -- any rate will be a blessing. What we have to worry about now is ---- IS THIS RV EVER GOING TO HAPPEN !! Dates have come and gone without any consequenses. Goals have come and gone without any consequenses. Timelines have come and gone without any consequenses. This HAS to happen because of this -- this CAN'T happen because of this -- all of this is just rubbish. It is all based on LOGIC. Logic isn't in the Iraqi's vocabulary. Logic means nothing. All of our talented "gurus" that use their wonderful analytical skills aren't a match for Iraq. Maliki isn't afraid of anyone or any thing. The US, obviously, doesn't have as much influence as everyone thought they did. And what in the world is Allawi about !! All he seems to do is vote against everything or threatens to withdraw from everything. This just keeps going on and on and on to the point that I am truly considering not reading anything any more -- I will just wait for the email from Adam to let me know when it has RV'd. This post isn't about anyone person or thing, it is totally about my frustration. Thanks for letting me sound off. I think I feel better now.

This is from another site. Has anyone else heard anything about this possibility? A friend of mine (another Dinar investor) asked me about this and I had not heard anything about it until I found this on another site. I also read the rumor that it is our government holding up the RV now. They wanted to pass a law that would: 1. Add a 1.65% fee for cashing in Dinar, and 2. Put a 15% Flat Tax on cashing in Dinar (no matter how long you had it for) Very interested in your comments. Thanks

===================================== I read this site every day -- several times a day. I did not realize the difference between "exchange" and "tradable" and I have not seen any one address it until now. I apologize if you feel that I was wasting your time. Was looking for an answer and knew that this site would provide one. tampabay

I have a question about the Dinar becoming a "tradable currency". (1) When the Dinar RVs -- does it automatically become an International Tradable Currency? -- If not, what has to happen for it to be a tradable currency? (2) Am I correct that we cannot cash-in until the Dinar is recognized as a tradable currency? Thank you for your response -- still learning !

This is the actual quote from the link: "The following article has been retrieved from the archive and no longer contains the original video." The date on the article screen is 12/11/10 -- which probably is November 12, 2010. But it isn't clear if that is the actual date of the retrieved article or not. Don't wish to be a downer but don't want anyone to get a false read, either.

I have a question about tomorrow - 12/9/10. Maliki had 30 days to submit his cabinet. But he said that he could have it done by the 9th. My question is: What if he submits his cabinet for approval by the parliament and THEY DON'T APPROVE HIS SELECTIONS. Since he originally had 30 days, will he have the balance of the 30 days to give it another try?[/b] Or will that be the end?? My understanding is if that is the end, then Talabani has 15 days to give the opportunity to someone else to form a cabinet - Allawi is the probability - and then he (Allawi) will have 30 days to submit his proposed cabinet. So it could be possible that the parliament may not approve Maliki's proposed cabinet -- Just want to know if he can make an ajustment within the balance of the 30 days that he has left??? Thank you for your input.

This site is my favorite Dinar site. I read it several times a day. I read the "rumors" and I read "news and articles". But I have to say that I am so totally confused at this point that I don't know what in the world is going on. I was excited to hear that the UN stepped in and thought that finally the right group of people were getting together to discuss the forming of the Iraqi Government. Then almost immediately all of these news articles starting coming out and every one of them conflicted with the other. Then everyone started to rag on each other. It seems like everything is "out of control" Lately, my head is spinning after I read from this site. I walk away talking to myself. "What just happened and what in the world were they talking about?" Usually I can take the rumors with a grain of salt and feel comfortable that I can weed out the news articles. But now, I am just at a loss! TOTALLY CONFUSED ! I think it would be best if I just stayed away from the site for a few days, but as soon as I do that the government will be seated and the Dinar will RV -- hey, wait a minute --- maybe that is the answer !! You guys can thank me later. Thanks for listening.

My link This is the only thing that I found on Aljazeera. It does say that Maliki has Iran's full support but it does not say anything about the government being formed. From what I understand, even though Maliki has Iran's support, he still does not have enough votes to be seated. Does anyone actually know where we stand at the moment. How many votes does Maliki and/or Allawi have? It doesn't look to me like anything has changed. We are still where we were months ago. Any thoughts on this?

I sent you an email with a cleaned up spreadsheet for you to upload. I really appreciate it. tampabay

I'll try to upload it -- I haven't done this before. Will see what happens. I'm sorry, it won't let me upload an excel file. Here is my email -- email and I will send it to you. ccreamer6@tampabay.rr.com

Of course, as soon as I remove some of the data I will upload it.

I absolutely agree that you should consult with an attorney that specializes in taxes and then with a financial advisor for your future. But in the meantime and before it RVs, you may want to do what I have done: Create a spreadsheet In that spreadsheet, create a scenario for each rumored RV rate. (# of dinars multiplied by rate) Then calculate the amount you will have after taxes and "fees". Then make a list of everything that needs to be paid immediately after RV: ie, pay off debts, buy condo, anything that will be a one time purchase/payment - add those to your calculations on the spreadsheet and subtract everything that needs to be paid out immediately (don't forget the lump sum that you want for your bank account to get you "jump started") Determine how much your monthly income needs to be supplemented (if at all) and how many years it will need to be supplemented and add that to your calculations. Now, you have a visual of how much money you will have, how it will be spent, how many years it will sustain you, and how much you have left to invest - this is where your tax attorney and financial advisor comes in. My husband and I look at this spreadsheet on a daily basis. When the time comes to meet with the "advisors", we will take the spreadsheet with us. I hope this helps. I know it doesn't really list the necessary steps to take before RV but it is something that you should have clearly thought out before the RV. Good luck to all of us and enjoy thinking and dreaming about the possibility of wealth.