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BigKahuna

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  1. Hi Adam, I know I speak for many when I tell you how much all you do is appreciated! Mucho Gracias..... My question is concerning the HCL. It appears that it could be one of the final issues needing resolution along with any outstanding banking laws prior to any RV happening in the very near future. What are your thoughts on these issues getting passed then published prior to the end of Ramadan or July 31st? I'm of the mindset that the RV would begin just prior to the HCL being published that would include the RV rate. I haven't seen very much of late concerning the the HCL and I'm also wondering if perhaps there is significant work being done behind the seens on this matter that you may be aware of. Please tell us your gut on this issue..... May the Force be with you, young Skywalker!
  2. Adam, Many currencies are supposed to RV simultaniously along with the IQD. With your background in finance, is it possible that this "event" might single handedly help the world economy get back on tract, specifically the USD and EURO? In other words....cause a "domino" effect?
  3. We all heard about investments that were "not desirable" to the experts. A perfect example is the computer, it was thought to be a "fad" and it would never make it to the work force. Well the "fools" that thought differently because their gut told them to take a heap of faith. They are millionaires and they keep making money. Once you trust your own instincts, there is no turning back, you just start trusting your own hunches. My father (God rest his soul) was told to buy into some hamburger joint in the 50s. My uncle tried to talk my dad into for months, but my dad reseached and asked financial advisers that were deemed the best in their field. My uncle got the tip from a fellow cop and looked into it himself. My uncle took the leap of faith, my dad declined stating "according to the experts" it was too risky. My dad went on to say, "Why would anyone want a fast meal when 96% of the country enjoys homecooked meals every night"? You know what fast food place I'm taking about? McDonalds! My uncle is now deceased as well but his estate is worth over 20 million dollars. He was a policeman, he kept working until he was 55 years old. He had 10 kids-all went to college and because professionals. He had 22 grandchildren and 13 great-grandchildren. The only way his children would be able to get any money at the age of 25 is if they all graduated from college and got a job. He set it up the same way for grandkids and great-grandkids. I could list 100s of success stories. They are success stories because some took the leap of faith and believed in something. My dad IMO didn't think he desevered to be rich. I'm sure he felt, this wouldn't happen to me, I'm not that lucky," I'm very cautions with my money, I work too hard to make." I grew up in a house that we didn't take chances. I remember the bible phrase that said "It is easier for a poor man to get threw the gates of Heaven than it is for a rich man to get threw "the eye of the needle. Well in my young mind it told me that if I'm poor, I will go to Heaven" and "if I'm rich I would have to squeeze threw a needle! Hack ! No Heaven for me if I'm rich! If my dad was alive he would of discourage us from investing in the IQD-stating the experts don't agree. If my uncle was alive he would say "What does your gut tell you?". "You will never regret you did, but you will always regret you didn't FYI...Later I learned the "Eye of the Needle" was a very narrow gate that leads to a city in biblical times. A person with a lot a possessions on their camel had a difficult time getting threw this gate, they had to take off some of their possessions and walk their camels threw and then had to go around to retrieve their belongs by foot. I SURE WISHED SOMEONE WOULD OF TOLD ME THAT AT THE TIME!! Don't be discouraged....It will happen. Keep the faith!
  4. Finally, someone that isn't a far rightwinger The republicians want this president to fail so bad, they are willing to bring this country down in the mean time. I voted for O because of the promise of healthcare. For everyone that has healthcare, it might be something that you don't even think about. I can not even get healthcare. I have MS and there is not a healthcare provider out there that will at least give me major medical. I can pay $1500.00 per month but they say "No thanks". I work and pay taxes just like most of you. Is it fair that I go without because I have a disease that was no fault of mine? I don't smoke or take drugs. I barely drink. I exerise everday and eat right. Healthcare is a basic human need.
  5. What is the truth about Obamacare? Tell me the lie? Many folks are so upset about the healthcare. I can't figure it out. So 911 was Bush's fault because it was on his watch? Or do you think Clinton should be responsible because his was President before Bush. Whats good for the goose is good for the gander. I will give all the credit for 911, the Iraq War...WMDs, and 4823 dead americans and 7410 dead Iragis and the RVing of the dinar to Bush. Are you happy now?
  6. I liked the comentary from Dinarseeker. I missed O speech due to a tax seminar that was scheduled months ago. O was to tell the American people where is money for the "jobs act" was coming from. He did not say anything about it....IMO the RV was to happen earlier last week but Iraq is Iraq, it didn't happen as planned. My question for anyone out there. Did O ask Congress if he could speak this Wednesday September 14? I've looked for that bit of info but I can't seem to find it? Different subject...Just in case...FYI... The tax seminar I attended on Thursday September 8 focused on foriegn currency, off shore investments, etc. The "talk" is that all foriegn currency transaction might be taxed at ordinary income (35% depending on your all over income) no matter how long the taxpayer has held the investment. Because of the "Dodd-Frank law passed on July 15, 2011, this would make it impossible to defer paying taxes by investing the dinar after it revalues into gold or silver. You have to cash it in, pay the tax, and then reinvest it. (it doesn't sound right but I just needed to share that possiblity with you). I listen to Brietling and Pheonix sometimes, they talk about capitol gains, telling folks just to cash in the dinar they have been holding for more than a year so the tax will only be 15%. I hope they're right and I'm wrong! Just to be prepared, I would plan on 35% tax so I can make the best choices. If it is capital gain tax...it will be a bonus. GO RV
  7. You are all nuts! After 10 years of the Bush tax cuts...were are we? Hign unemployment! Do you know why? The super rich are spending on themselves, they are not "stimulating the economy"! Unless you count extra gardeners, maids, you know pee-on workers. They are buying more stuff so the sales girl can keep her job...bless their hearts! Listen to Warren Buffett, he said he is paying LESS taxes than his cleaning lady! Come on folks. Corporations DON'T pay taxes! I know I'm a corporate CPA. I pay more % of taxes on my $215,000 salary than the corporations making 1.2 million in profits because there are so many loop holes to hide corporate profits. I know because that is my job to find them. You have to know how to play the game or you will go through your investment in two years. This is true statics, people who live from paycheck to paycheck will go threw their investments between two to five years. They will be right where they are right now, always waiting for that BIG break to get them out of their problems. A very rich man gave me the best advice, "If you want to live like a republican, you have to vote like a democrat". OK let the bashing begin!!
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