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masterdinar

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Everything posted by masterdinar

  1. This guy is like a banana republic dictator he is so narcissistic that he has to be on television everyday...making speech after speech...it is getting to the point that I just switch off the radio or the t.v. as soon as he opens his mouth...just tired of listening to him. Just a matter of time before the democratic party figures out that he is not only ruining America and the middle class but he is also ruining the democratic party as well. He is going down and he is going to take the party with him...they will be throwing him overboard real soon... Why else is the White House Press asking Obama's press secretary if he can guarantee that Hilary won't primary Obama? Its bad and his own party knows it....
  2. Interesting video: http://www.youtube.com/watch_popup?v=3JDT5vBQQr8&vq=medium
  3. Emancipate yourselves from mental slavery; None but yourselves can free our minds Have no fear for atomic energy 'Cause none of them can a stop a the time.....
  4. What's up with don't promote other sites haven't been able to get on the site for almost two days.
  5. Odd that the amount quoted is the same figure discussed in the recent article published from Iraq where the rate was listed at the end of the article as 1.3 dollars per dinar...then people started questioning if it was written backwards and questioned if it should be $3.10 because Iraqis write from right to left. It was later debunked by someone who speaks Arabic that it was actually $1.30 per dinar... Just an odd coincidence...i'm just saying...
  6. "This is no rumor....it is fact!" Not really....I am pretty sure that the 128 banks posted is in error...I believe a "2" was added in error
  7. I love the Zecharia Schitchen stuff...It makes just as much sense as any of the other histories out there. I love the story of Gilamesh and how it parallels the deluge and Noah the ark... I love the stories of from the clay tablets of Sumeria how many of the stories in the old testament appear to be reworkings of those written thousands of years before by Sumerians...really interesting... The story of Marduk and Tiamet colliding and the resultant celestrial body being Earth are fascinating.
  8. Could this be the reason....? Maybe he wanted to avoid paying fines in other states where he may be improperly licensed... http://www.investorsiraq.com/showthread.php?156872-One-of-many-posible-reasons-Dinar-Trade-stopped-selling-dinars&p=1061357#post1061357
  9. With regards to living trusts is that FDIC insurance coverage is based upon the number of named beneficiaries of the trust and is not limited by the number of trust owners. Therefore, under the new FDIC rules, a trust account owner with up to five different beneficiaries named in all of his or her revocable trust accounts at one FDIC-insured institution will have FDIC insurance up to $250,000 per beneficiary. In other words, if your revocable trust(s) names five beneficiaries, the FDIC will insure the account up to $1,250,000 at any one FDIC-insured bank. Basic FDIC Deposit Insurance Coverage Limits* Single Accounts (owned by one person) $250,000 per owner Joint Accounts (two or more persons) $250,000 per co-owner IRAs and certain other retirement accounts $250,000 per owner Trust Accounts $250,000 per owner per beneficiary subject to specific limitations and requirements Corporation, Partnership and Unincorporated Association Accounts $250,000 per corporation, partnership or unincorporated association Employee Benefit Plan Accounts $250,000 for the non-contingent, ascertainable interest of each participant Government Accounts $250,000 per official custodian Non-interest Bearing Transaction Accounts Unlimited coverage – only at participating FDIC-insured banks and savings associations ** Divide and Insure With the coverage chart in mind, let’s assume you and your spouse need to deposit more than $250,000 into interest bearing accounts and want to use only one bank. Your money will be fully insured provided your accounts meet certain requirements. Here’s how it works: 1. Account A ($250,000) is a checking account opened under the husband’s name payable upon death to his trust or other beneficiaries. 2. Account B ($250,000) is a checking account opened under the wife’s name payable upon death to her trust or other beneficiaries. 3. Account C ($500,000) is opened as a joint account under both spouse’s names, payable upon the first spouse’s death to their living trust. Each owner’s share is insured up to $250,000. 4. Account D ($250,000) is a revocable trust account opened by the husband. 5. Account E ($250,000) is a revocable trust account opened by the wife. Since retitling your accounts may negatively impact your current estate plan or cause an asset to be probated, please consult your estate planning attorney prior to closing and/or opening new accounts in order to maintain the integrity of your current plan. According to the FDIC website (at www.fdic.gov), the FDIC directly supervises about 5,250 banks and thrifts - more than half of the institutions in the U.S. banking system. The FDIC insurance fund totals approximately $49 billion, which insures more than $3 trillion of deposits in insured U.S. banks and thrifts. Since the FDIC insures deposits with each FDIC-insured bank separately from deposits at a different insured bank, you may wish to consider holding different accounts at separate FDIC-insured institutions to ensure the availability of FDIC insurance for all of your bank accounts. In other words, if you need additional insurance protection, don’t put all your eggs in one “bank” basket, but spread the wealth around to different institutions. Conclusion Since the FDIC was established nearly 75 years ago, no depositor has ever lost a single penny of FDIC-insured funds. That is not to say it couldn’t happen, of course, but with some thoughtful planning, you should be able to plan for the worst case scenario. If you have further questions about FDIC coverage, or how to divide your accounts to gain the greatest coverage, talk to your banker or visit www.myfdicinsurance.gov.
  10. PREPARE TO BE SHOCKED! Yesterday I posted the original post to this thread. I was told yesterday that it would take three weeks for the dinar to come in...(I ordered 3 million). Today I get a phone call (actually, just 5 minutes ago from the bank...the girl on the phone says, "are you ready to be shocked?" I say, "Sure"...(I have all kinds of thoughts in my head) but, she says..."remember how we told you it would take three weeks for the currency to come in...and you said, could we put a rush on it?" "Well, it is here now." Folks that is less than 24 hours....
  11. The branch I purchased them at was in Orange, CT... My friend has purchased dinar from the Hamden branch. I paid $1049.00 per million.
  12. I went into TD Bank in CT today and purchased my last quantity of dinar as I have finally reached the position in the dinar that I had originally planned for. I was talking with the women who sold them to me and a couple of things were revealed that I found interesting with regards to TD's current policies regarding the dinar. 1. It will take 3 weeks before I will be able to take physical possession of the dinars that I purchased. 2. TD Bank has no current buy back policy for dinar. 3. I asked the woman who was a manager at the branch if she felt that after the Dinar was to revalue did she think that the bank would change their current policy in order to get in on the millions of dollars that would be floating around with all those new millionaires? She said she didn't know but that this was the banks current policy. 4. I then asked her if she thought the branch offices would consider changing their current policiy, if they limited the amount of cash dollars say $10,000.00 and made an electronic entry into my account for the rest of the exchange...while taking a 2-3 % commission for handling the transaction. In orther words, I asked her if her bank could afford to pass on the opportunity to make the profit associated with a currency exchange of that size? Her answer was that she didn't know, she felt that the bank might shift its policies if the RV was to happen but she couldn't be certain and she could only go by what the current bank policy was. 5. I jokingly said to her...well, I have no intention of flying to Iraq so I will have to find another way to exchnage this currency...she said a very curious thing....She said, "I heard a rumor that that is what people will have to do"... I said what fly to Iraq...she said..."yes".... I told her that there were other private dealers and banks that have alreeady said that they will exchange the dinar post RV and she seemed surprised. I just thought I would share my recent experience with everyone since many believe that we are very close to RV.
  13. Maybe she went back to Hope, Arkansas And, here I thought all we needed to do in order to get all the hope we needed was to elect Obama....now, after 20 months of a hopeless situation...Hilary has to go all the way to Arkansas in order to get a little Hope for the weekend.
  14. It isn't possible to listen to this video and not get excited...
  15. This youtube is awesome good news.... Shabibi laughs and says...."If I knew, I couldn't tell you" when asked about the Dinar revaluation....unbelievable! Then he talks about removing three zeros and running the two currencies simultaneously. Talks about how out of control inflation and the economy was when there was discussion about the lop and how that isn't the case now...economy is stable, inflation stabilized around 5 percent....things are different now...need to remove zero's for business and counting of money...makes perfect sense... I love how he almost said the word propaganda at about the 8:18 mark....but pulls back from it...made me laugh. All in all...this is a very positive interview and I am extremely encouraged about the Iraqi Dinar's eventual (probably sooner rather than later) revaluation... Go RV.... The removal of zeroes will be real soon according to Shabs... We are going to be blessed really soon...RV is in the air.... yeah baby!
  16. In Flanders Field, where the poppies grow among the crosses row on row.....
  17. Hmmm November 6, is my birthday...nah...I'll take my birthday present early please.
  18. Today I took the plunge...I signed a retaining letter for $285.00 per hour with one of the best tax attorneys in CT. I have done extensive reading and study on the subject and felt pretty confident going into the meeting that this investment would be treated as ordinary income. The meeting only confirmed what I already knew. This investment will be treated as ordinary income. The statute in the tax code that causes the confusion refers to companies that are invested in derivatives. It does not control individuals making a pure currency play. The good news is that since this is to be treated as ordinary income if we should take a hit and for some reason the current dinar became worthless currency we would be able to take it as an ordinary loss and be able to write down the entire investment. If it was a capital gain then the loss could only be written down as a capital loss at 20 percent or so. Another great point that came out of the meeting was the fact that our personal estate should be looked at as a continuum that starts at birth and ends at death. In CT large estates are subject to estate tax...There is a Federal Estate Tax and a State Estate Tax. There is an exemption for Federal Estate Tax for the first 10 nillion dollars. There is also an exemption for State Estate Tax of 3 and half million dollars but our esteemed governor Malloy wants to lower the exemption to 2 million dollars. How this effects us is quite simple the Federal Estate Tax due on amounts over the 10 million dollar exemption is in the high 30s percent, the State Estate Tax due over the expected 2 million dollar exemption is around 10 percent. Given the fact some people are heavily invested and may be in a position to profit well into the multi-millions of dollars, many may find themselves with way more than they actually need. Upon death huge amounts of monies may be last to Federal and State Estate Taxes. The attorney recommended that if you are in this situation that it might be more beneficial to gift actual dinars to your children now. A gift of pre-revalued dinar will result in a highly leveraged gift. For example, a million dinar gift would only reduce your Federal and State Estate Tax exemption by the $1000.00 that you invested in purchasing the dinar. However, if you wait until after revaluation and you gift your children 1 million or more dollars then your Federal and State Estate Tax exemption will be in the amount of dollars gifted after revaluation. In this case your Federal and State Tax exemption will now be reduced by a full 1 million dollars. This will have greater consequences if your gift to your children is greater than 2 million as now upon your death the entire estate would now be subject to 10 percent State Estate Tax, which is $100,000.00 per million. At the Federal Level the amount of your estate that is over the 10 million dollar exemption will be subject to 39 percent Federal Estate Tax or $390,000.00 per million. This is $490,000.00 per million when you combine the State and Federal Estate Tax over exemptions...this is not chump change. This attorney did not feel as though CT would engage in any state windfall tax on large profits from the Dinar reval. But between the 35 percent ordinary income tax and the CT State income tax...which is now at 6 percent but Gov. Malloy has asked for 6.5 percent but the Democratic state legislature wants more so we could be looking at 7.5 percent. This would mean about 42.5 percent for federal and state income taxes plus bank spread would be taken off the top. I would say 55 percent is about what can be expect to be left with...that is about $550,000.00 per million. The good news is you would not have to look over your shoulder for the IRS to come crashing down on you...you could spend your money in any way you wished without any worries at all. He also touched upon how to pay the taxes due upon revaluation. He said that you would have to file a quarterly estimate of tax due in the same quarter you cash out and you will have to continue paying your quarterly estimated tax throughout the year or you will be subject to penalties and interest as you have essentially withheld money that was due to the government. This attorney did not think very much about off shore Trust Funds established for the purpose of avoiding taxes...he said quite clearly that the US Government is all over foreign accounts and anyone caught trying to avoid taxes in this manner not only would risk losing the account but would have to deal with the criminality of the situation. While this meeting may end up costing me $700-$900 it was worth the peace of mind I have from knowing what is the correct and legal way to proceed after revaluation.
  19. Well, I'll trump you...take this: This is when the Dinar will revalue...this is not rumor but fact... http://www.youtube.com/watch?v=c1fWmc1y4qc
  20. Why don't you just tell us...since you already seem to know. If TD doesn't have a favorable buy back rate there are plenty of other sources who will buy them back more reasonably.
  21. Dinar price to purchase - $1050.45 per million 2-3 weeks delivery time... When I questioned the teller as to why so long to take possession of the dinar she said that the availability of dinar is low due to heavy buying. They issue a purchase order and they guarantee the purchase price even if the dinar undergoes revaluation while you are waiting for your dinar to arrive.
  22. I'll ask the Donald the next time I see him...
  23. Jooced if no one here has said it...let me say it now... Thank you for your service. It is hard to know on these boards who is who and what they have done and what there experience is. I for one appreciate your perspective, your service and your comments. God Bless you and your family.
  24. Oh well...I guess it should be off with my head then....
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