DStars

Thank you D4 DStars Dinarstars

this was just posted at http://www.donotpromoteothersites.com/1/post/2011/07/more-okie-in-oomf-chat-room.html 7.58 PM [OKIE OIL MAN] WE ARE HOPING FOR A RATE TOMORROW---R/V TOMMOROW OR THURS----THAT IS WHAT IS APPARENT--HOPING IS THE KEY WORD HERE SO DON'T GO RUNNING DOWN THE STREET WITH YOUR HAIR ON FIRE AND SAY OKIE POSITIVELY SAID THIS---THIS INFO IS FROM SOLID SOURCE---BUT HE HAS BEEN WRONG BEFORE 8:00 PM [OKIE OIL MAN] I NOTICE BLUWOLF (I DO NOT KNOW ANYTHING ABOUT HIS SOURCES) IS STATING THE RATE IS FLOATING NOW AND HAS WENT FROM 2.44 TO 3.45 TODAY--HE DID NOT ELABORATE WHERE THE FLOAT WAS----- 8:04 PM [OKIE OIL MAN] THERE WILL BE NO CONFERENCE CALL TONIGHT 8:12 PM [OKIE OIL MAN] I AM LISTENING TO FRANK AND THE PROPHET BUT I WILL TAKE LIMITED QUESTIONS IF THEIR SLOW ENOUGH TO EVEN READ 8:14 PM [EdH] [feda] okie...banker told us this morning iqd "not on list" Isn't that a good thing 8:14 PM [OKIE OIL MAN] FEDA--UNKNOWN 8:19 PM [EdH] [eleanor] Okie oil man do you have any insight as to why our government is trying to pass another tax on us even though the amount of money they will get is far more than necessary to get the u s back on track? Is it just greed? 8:21 PM [OKIE OIL MAN] TAXES ARE BEST ASKED OF YOUR SENATOR OR CONGRESSMAN---DO SOME OF YOUR OWN HOMEWORK PEOPLE---LOOK AT THE BLUE PAGES IN YOUR PHONE BOOK---THEIR NUMBER IS THERE 8:23 PM [EdH] [sailman] question: Has Anythikng changed since your email this morning -- live in Iraq -- tomorrow in banks [sailman] Ok - has anything changed since the morning email "it is live in iraq---banks will not release till tomorrow---that's it" 8:24 PM [OKIE OIL MAN] YEAH THING'S HAS CHANGED----IT'S 8 HOURS NEARER 8:25 PM [EdH] OKIE...are the smaller denoms out yet 8:25 PM [OKIE OIL MAN] SMALLER DENOMS IN LIMITED USAGE IN IRAQ PRESENTLY 8:25 PM [EdH] OKIE have you herd about ali reopening after the RV 8:26 PM [OKIE OIL MAN] I HAVE HEARD HE WILL RE-OPEN USUAL OFFICES AND OPEN NEW OFFICES-----HERESAY 8:28 PM [EdH] OKIE...I am seeing the same questions ovewr and over.....will it be tomorow...will it be before 2 or after 2 8:29 PM [OKIE OIL MAN] EDH--DO NOT THINK SO--TIME FOR US WILL PROBABLY BE AFTER HOURS 8:32 PM [OKIE OIL MAN] WHAT KIND OF A QUESTION IS THAT---I DON'T UNDERSTAND---WHAT WILL HAPPEN IF NO R/V BY THE 15TH?? UNKNOWN--- 8:32 PM [EdH] bank rate vs broker rate as in the forum......there is conflicting talk about being able to cash out at a higher rate with a broker. Could Okie pls clearify the rate information and his oppinion? 8:33 PM [OKIE OIL MAN] DO YOUR OWN INVESTIGATION AS TO RATE WHETHER BANK OR DEALER--DO SOME OF YOUR OWN HOMEWORK 8:33 PM [big haus] [boo2unme] can you ask Okie if there is any relevance to the consulate opening today? 8:34 PM [OKIE OIL MAN] CONSULATE REPRESENTS DEMOCRATIC PROGRESS 8:34 PM [big haus] [ralph&sharon] does okie still thinking bank bank bank tyia 8:35 PM [OKIE OIL MAN] BANKS ARE MY PREFERENCE IF UST AND IRS DOESN'T HAVE AN OFFICE 8:36 PM [big haus] [fivedee] Will the VND revalue with the IQD? Will we see the R/V after hours here in the States? 8:36 PM [OKIE OIL MAN] THEY ARE RUMORED TO BE IN THE INITIAL BASKET-----LATE AT NIGHTG 8:36 PM [OKIE OIL MAN] NIGHT 8:38 PM [OKIE OIL MAN] YOU GUYS WANT ANSWERS TO QUESTIONS THAT ONLY THE R/V CAN ANSWER---REGARDING RATE--PLACE OF REDEMPTION--TIME FACTOR THAT MAY BE IN PLAY FOR 3 ZEROS---ALL THESE CAN ONLY BE ACCURATELY ADDRESSED AFTER RATE IS ESTABLISHED

followup to my reply... you can buy one 250 IQD bill and one 50 IQD bill set for $1.49 plus 50 cents shipping on ebay (BUY-IT-NOW, not auction). http://cgi.ebay.com/250-50-NEW-IRAQI-DINARS-CHEAPEST-IRAQ-DINAR-EBAY-/320580915325?pt=Paper_Money

If you just want one as a collectors item or keepsake, I would suggest ebay. You could could probably get one bill for a buck or two. Last year I purchased a set of the 3 coins, as well as one 50 IQD bill for either 3 or 4 bucks. After the RV, I will frame them and put it up in the bathroom. It will remind me of all the times when people called the currency toilet paper (boy do I hate that).

Thanks Robert for your response. With Letshope's and your results, Warka is batting 0 for 2.

I saw Letshope's and Kip Williams postings above and have a few questions that maybe they or anybody else can help me with. I have a Warka account and am considering a withdrawal or wiring some money out and thought the Warka CC might be a better option after reading this thread. From the time you requested the card (I do have the forms already) how long did it take to receive the Warka card? Have you been successful in using the Warka CC for either purchases or Cash Advances here in the states? I have Warka online access and know how to transfer between my IQD and USD accounts online. Is this necessary to do with the Warka CC? What about fees, what are they? It seems to me that they might be cheaper than the wiring fees I would have by that method. Thank you so much for any info anyone can provide.

I don't remember the specifics, but very shortly after the CBI introduced these coins, maybe in 2004 or 2005, a large shipmint of the 50 dinar coin was hijacked or stolen. So the CBI then recalled the coin or took it out of circulation.

Sonny, What, if any, are your thoughts about current Warka account holders? Will they be able to gain or cash out in both the first and second rounds? Do you think it might be wise to keep some dinars in a Warka account after an initial RV? Thanks mucho.

KP, below is what I used to sell my shares. As usual with Warka, I filled in my info, printed it out, signed it, then scanned it in with my signiture, and emailed to both Mr I. and the ISX dept ( isx@warka-bank-iq.com ).

At todays current exchange rate of 1170 dinars per USD, thats about $4.27 worth of dinars for $25.00. Good luck.

I believe he has added 3 additional locations. This is from memory (so I could be wrong).... North Dakota (offically announced recently) Las Vegas Idaho

10 10 10 10

remember, no drinking and posting.

Hmmm, 3 to go.

Mr. 3333 himself...been there.

738 739 740

No yes maybe, sounds good to me.

Just to add for any newbies...it is important to have receipts for your dinar purchase(s). This is to prove to the IRS if you have held it for longer than one year. This could be the difference in paying 15% tax compared to 35% tax (plus state if applicable). Keep as much documentation about the purchase as possible. If you bought on Ebay, keep copies of the action, the Ebay invoice, the Paypal invoice, the Paypal payment, or the check you sent. If you bought from a dealer, how did you pay, by check, keep a copy of the check if possible. Some people have said they bought while stationed in the middle east and have no receipt, have you kept plane tickets to prove you were over there. Not sure if the IRS would accept this....but the idea is to have as much documentaition as possible. It is easiest to make copies of these things now, then later. As has been said, make sure you get "Profesional" advice, not "Net" advice.

As part of my Iraqi investment strategy, 2 1/2 years ago I diversfied by opening up a Warka account. Of the Warka amount, about 60% was IQD and 40% I put into ISX stocks (mostly the banking sector). Mind you, my experience is when the stocks were purchased under proxy, things could be different now buying under your name and or "electronic tradeing". About 14 months ago (Nov. 2008) I needed some money, so I decided to sell about 2/3 of the stocks. Little did I know that it wasnt a quick proposition. Some stocks were sold within 4-6 weeks. The others I didnt think much of until 7 months after my initial sell order/email that another stock was sold. I had forgotten (more like given up) about it until last week I noticed on my Warka account that another stock had sold. 14 months after my initial stock sell order. (I looked at it as I just received "free" IQD.) Gotta love that Warka service. I do agree that the emails I get from them (when I email them first) is 100% better than what it was when I started with them. So thinking about this this week, I decide to sell the remander of my ISX shares and email Mr. I. this request. And this is the reply I got, which I did not get with the first batch of stocks I sold. Has anybody else had simular responses and/or issues when selling ISX shares with Warka. And if I can ask here (in the ISX thread), what about people getting money out of Warka, any issues? I know a few others have gotten wires from Warka, but I have not yet. (I am thinking to switch back from Warka to IQD in hand. But one of my concerns is that it all is owned over a year (long term capital gains potential) and might now be back to short term if exchanged and rebought as cash.) BTW, in the 2 1/2 years I have owned the ISX shares, I have lost on the shares around 25% when I have sold. Again, that just my experience. Thanks for sharing your experiences.

Nice Picture XN, I was hoping someone would post a Saddam bill. Nice 1/4 dinar bill also, I might have to get one of those.

Here's my 2 cents worth. (Click on it to enlarge picture)