TaxLady

Why do some people on here have to be so rude, arrogant and antagonistical about other peoples posts. If you don't like it, you don't have to read the posts, but don't be so arrogant and rude. Some of us might like reading the post, but I personally don't like reading your 'rude, crude & socially unacceptable" remarks about someone else's post. If you don't like it, just ignore it. This just discourages other people from posting anything at all.

I have a client who had worked in both Iraq and Afganistan in 2010. I e-mailed him today with some questions about his tax return. He called me back, rather than e-mailing me. After answering my questions regarding his tax return, I asked him how things were going over there. He's in Afganistan right now. He said that they had a Tanker Truck blown up this morning, but He said he likes his job and the pay is 'out of sight". I mentioned that I had invested in some Iraqi Dinar and asked his opinion. He said that it was probably a good investment and It should hit "pay dirt" in a couple of 'years'. I told him I was hoping for a couple of weeks and he just laughed. Not sure if he knows what he's talking about, though.

In Texas, you can buy Iraqi Dinar (uncirculated) at any First Convenience Bank. I bought some at the bank located in a Food Store, told some of my clients about it and our local Walmart has the same bank inside. I told several of my clients, as well as my son and they went there to buy theirs. They have banking hours seven (7) days a week, so it really is 'convenient' to buy there. The last time I posted this, everyone laughed at me about buying dinar at a grocery store or Walmart, but believe me, its true. They sold the dinar for $26.00 per 25,000 dinar which is much cheaper than most of the online sites.The teller at our local Walmart was somewhat unsure about how to handle this, but his manager walked him thru it. The next day, with more clients making purchases, everything went smoothly. The only requirement is that you open an account at First Convenience Bank for $1.00. They say we will be able to cash them in at their bank when the RV happens. The Bank Mgr. said that they get their Dinar from a source in Ireland. The net cost for buying is $1,040.00 per million dinar. When we cash them in, we were told that we could receive the funds in a Cashiers check or wire the funds to any bank we desire. I'm sure, of course, that they want us to deposit it into our First Convenience Bank account, but we can have it wired where ever we want.

With a volatile country like Iraq, I think it would be foolish to hold on to the Dinar after RV for too long.

In a First Convenience Bank At a large Grocery Store chain, plus at the same named bank at Walmart. This is the first time I've spoken with anyone personally at a bank who acknowledged they would be exchanging IQD next week.

If you purchase or otherwise receive something and hold it as an investment, then sell it at a loss or profit, it is a capital gain/loss. Did anyone even read these Presidential Orders, etc. word for word? I think alot of people are just reading what they want it to be, not what it really refers to.

This is my first post, but I think very important. I went to one of our banks today, located in a Grocery Store and bought Dinar for a rate of $26.00 per 25,000 dinar. The banker positively stated that the RV would be Monday & they were set up to start exchanging currency on Tuesday. There were lines of people waiting to buy dinar. You had to open an account for a minimum of $1.00 in order to do this. Another client of mine went to the same bank in Walmart and did the same. They are positive that the RV will be well over $3.00. This is my first time to really get excited about this whole business, but I'm very optimistic. Also, this business about the Presidential Order #13303 and the Coalition Provisional Authority #39 is most likely BS. I'm in the business and get e-mails from the IRS daily to keep us up-to-date & can't find anything about this.