SAG

Banks watch for this. Any amount that accumulates over a short period of time can be considered to be over the $10K limit and is subject to be reported. Not only that they will report to IRS or CRA that this activity is suspicious.

Talked to a tax attorney. Will pay my taxes the balance setup in offshore corp where it will earn tax free dollars and the corp will own everything. All legal and I will sleep well. Cashing in, various options with small amount at first, quit job and then setup offshore corp, cash in the rest, invest and start my other business. Best to have a tax attorney to help wth this. Some of these online sites can't be trusted.

Yes check out their site. They will be at airport locations across US, Canada and Puerto Rico.

Adam you miss undersrand my question. I was not lashing out on you. I was merely asking the question how this could happen. I also don't understand how we can mix stock with currency. They are not the same. Your anger surprises me.

Your comments and opinions are based on what? I've heard many currency managers and highly educated people who have looked at this from a business side talkng about this. Bottom line it appears that Kuwait will not allow Iraq to have such a low rate when they share the borders and oil fields. It would be like paying $2.87 gal for gas on one side of the street and $1.15 on the other side. Kuwait holds the key to chapter VII. I myself wonder at this investment but when I look at it from a business stance it becomes more clearer. When it comes downs to politics of doing business they can't come in too much lower than Kuwait. Take your emotional self out of this. It's not about you making money. Too many on here think Iraq is going to RV for themselves. NOT... it's for the world, it's NOT about you.

Does anyone remember those terribly K cars Ithink they were made by GM in the 80's They lasted a few years then had mexico or someplace make them cheaper and were selling them to Iraq. I remember my dad telling me this (him an ex GM worker) ...LOL seems funny now. Driving around in those ugly K cars.

I think Ali had said on a conf call that he had somewhere in the neighbourhood of 80 million.

Yes Doc I smell my Christmas Bonus

Quote - If it comes out at $2 and then drops to .50 before you can get home, to your safety box, and then back to the bank. What would Iraq's reasoning be behind this type of action?

I don't know how Adam is able to do this when the CBI has not set their buy and sell rates. Banks can't tell you the spread when they don't know what it will be. Frankly I find this hard to believe. DT and DB have both said they will give us the rate of the CBI. Any bank that says now they will have a better buy rate then the CBI is implying they are willing to loose money. The buy rate could be as much as half of the sell rate for the first few days or weeks. .

QUOTE Dinar Banker is $150 per transaction (no matter how much you have). Also I called them and they will send someone to me (or anyone for that matter) , you have to have 10M + to cash in. Roscoboy007, did you see this on his website or you were told this on the phone? I have not seen anything from dinarbanker regarding this cash in procedure. Is this new?.

Are you referring to DinarTrade? Dinarbanker has not stated any charge of $150 per million.

Smoke and mirrors. If it doesn't come from Shabbi's mouth I'm not buying it.

Notice lately how all the newbies seem to be $&IT Disturbers. I don't respond to crap like this.

Great Post!!! Does this mean M gets to go to Jalal's party at the Peace Palace"?