BlueJeanBaby

Mr. Rich is John Edwards' more handsome twin.

Hey Len ... having lived here in LA for my entire life, I can tell you that aaaaaaaaaaanything is possible, especially when you're within a mile of San Vicente and La Cienega, The Beverly Center and Cedar's Sinai. Truth be told, I about fell out of my seat when that girl asked us if we were talking about the dinar and the RV. It was the l a s t thing I thought I'd ever hear, sitting there with my friend waiting for lunch, but it happened exactly as I told it. As for the bank thing, I was inspired to go to my bank by a post I read at the other site (who shall remain nameless), written by someone who did exactly what I described in order to see what he could dig up. This other person got almost the same result I did ... huge interest before being told that the currency was the dinar, and then hesitancy and wariness once it was learned that the currency in question was the dinar. However, both the person who wrote that other post and me ... we got the same information, essentially. I just wanted to hear it for myself, and so it's not like it 'happened to me.' I made it happen. I guess I'm on the fence between two lands: One side is the Land Of If It's Meant To Be, It Will Happen ... and the other side is the Land Of If You Want It To Happen, You Have To Make It Happen. Anyhoo, have a happy day over there GO RV !!!

Thanks JMW !!! Hey, I was just telling my story as it happened. I do have to wonder why the UST or the Fed would hold onto the dinar. It's not US currency. It doesn't belong to us. There's no reason to, unless they're going to try and double dip, using my currency and yours and everyone else's ... but I'm not sure if that can happen or not, because ... ok, when I go to transfer my dinar, there will be a record of it having been traded in, so it won't be able to be 'utilized' (for want of a better term) again in another transaction ... say, by the Fed or the UST ... right? Am I missing something here? As for where the USD will come from to take care of everyone cashing in or requesting a wire transfer ... maybe that's another reason why it's taking so long. If the average Joe and Joanne in America who holds dinars is holding onto millions, that'll be a heap of bidness to take care of. Even for people who are holding onto less (like me), and who would want some cash to go along with the wire transfer, it's still going to take A LOT of green. Again, I'm a novice at best when it comes to this kind of stuff ... but when the onslaught comes, I hope they're ready or there will be chaos and anarchy. GO RV !!! Thanks Radar. What I meant to say about the large denoms is that ... from my understanding, Iraq will not want the large denom currency to be floating around shortly after the RV. From what I've heard, there may be a deadline imposed *hypothetically, let's say 90 days) for cashing in the large denoms, because there may be a tiered kind of situation, wherein they begin for the first 90 days with one rate, and then after the first 90 days, it goes to a different rate after the big denoms are turned in. It's not about who printed them or why ... I meant to say that I have read from a few different sources that the CBI would want us to cash them in immediately. Clearly, the Iraqi people won't be able to use them, nor will anyone else once the deadline passes for turning them in. GO RV !!!!

P.S. What I mean to say is ... why would it be sent to the Fed or the US TReasury? It's not the Fed's currency or USD currency - it's Iraq's, and seeing as how it'll have to make it's way over there eventually anyway, it makes sense to just send it directly. GRanted, I haven't the first clue how ordinary currency transfers are handled, but it's my best guess that people don't walk into a bank what amounts to with millions of Swiss francs asking for it to be exchanged, or the smae in British pounds, or Japanese yen. This really does not happen every day ... right? Yes, it's a complicated thing - this cashing out is, and this very dilemma might be part of why it's taking so long ... because they're trying their best to determine the most efficient way to do it so that there's not chaos at every Big 4 branch in the US and worldwide. "I'm just glad to be here ... and the good Lord willing, things will work out." <~~~~ I stole that from a movie. Bonus points if you can tell what movie. It's trivia time!!! GO RV !!!!

Hi eveyone and thanks for the props! Regarding the 'how will they handle it if 3 million of us all cash out at the same time ..." Well ... isn't that exactly what WILL happen? In what other manner will it be handled? We WILL show up somewhere with our dinar, whether it's the bank or wherever else ... and the dinar WILL have to be authenticated somehow, and the amount of dinar WILL have to be exchanged into USD and then everyone will expect their USD to be transferred into our bank accounts ... some kind of way, right? All I can say is... that's what young Kenneth told me, after hearing it from whoever the branch manager was at the time. Whether my bank sends the dinar to CBI overnight, or they send it to another branch of B of A to be transferred ... that detail doesn't really matter that much to me because eventually the large denom notes will have to make it over to Iraq ... because Iraq will not want large denoms floating around for that long after the RV, right? I think it makes perfect sense, but I'm just that kinda girl. GO RV !!

Two things, actually. The first is about an unreal, mad happy coincidence. It goes like this: Living in Los Angeles, we have a substantial population from the ME over here, especially on the west side and in the West Hollywood area. As it happens, I ended up at the legendary Norm's Restaurant on La Cienega right in West Hollywood for lunch a couple of weeks ago. I was there with a co-worker who is invested (because I told him about the dinar and he decided to spend a few hundred dollars). Because it was crowded for lunch, we ended up sitting at the counter. While we were waiting for our food, I took out my phone so I could show him an article I had seen on one of the sites about the dinar, and to catch up on any new information since earlier in the morning. So, there we were talking about this amazing opportunity when the woman sitting to my friend's right tapped him on the shoulder and asked if we were talking about Iraq and the RV of the dinar. *blink blink* "W T F !?!??!?!?!" was my first reaction. Seriously!! What are the chances !?!? So, shocked but still able to speak, I nodded and said YES!! and grinned back at her smiling face, whereupon she gushed about how excited she is, too. She looked middle eastern and had a very slight accent even though she spoke perfect English, and she told me that she has family over there at this time and that they're very aware of what's happening (at least, her family is.) She could barely contain herself at the unreal, mad happy coincidence of us both sitting at the same place, at the same time, talking about this thing in semi-hushed tones ... but there you are. She said that she and her family have been waiting for this for a very long time, that they're all heavily invested, and she and her family are all on pins and needles. She didn't have any inside information or anything concrete, and it wasn't until after we had left that it occurred to me to ask her about lower denoms (REALLY kicking myself for that blunder) ... but just the fact that the IQD is being discussed in restaurants by total strangers like this ... I think it's significant. Talk about a jaw dropper!! My second story is this: I went to my local Bank of America and when the greeter (I felt like I was at Wal Mart!!) asked why I was there, I said because I needed information on foreign currency wire transfers, not mentioning which currency from which country. I happened to be dressed fairly neatly and the guy didn't know me from Eve, so I sat in the waiting area and shortly thereafter, a nice young man named Kenneth came over with a big smile and handshake. I went right into it. I told him that I was expecting to make a sizable transaction with some foreign currency, and started by asking about the fees, how much FDIC insures (he said it's unlimited as of now, but that will change at the end of 2012), how long it takes for transfers to be posted to my account, who is responsible for it going through (them as transferring, or me as transferee), whether anyone anywhere (federal agencies, etc) keeps tabs or pays attention to where the currency is FROM, as long as the bank can verify the currency as legitimate at the time of the deposit/exchange ... I asked these and a bunch of other questions, for which young Kenneth had great answers. After a few minutes, he asked me which country's currency. I answered him and he kind of paused ... at which point I told him 'yes, I know the IQD isn't recognized as tradeable currency at this time and I'm aware that it's nearly worthless, but if'/when it revalues and becomes recognized as a viable currency, won't this transaction be treated just like any other foreign currency exchange ... like the pound, the yen, or the Swiss franc?' That's when Kenneth asked me to wait just a moment while he went and got clarification on that issue. He returned telling me that, yes it's not viable and tradeable or recognized at this time, but if such a time happens that it does, in fact, become recognized and tradeable, it would be treated just like any other foreign currency, provided that the currency can be authenticated as real, and also verify where I obtained it and if it was purchased through legal channels (I can, having saved the receipts from when I got it at the currency exchange place.) He told me the fees were $15 per transaction, and that once the currency was authenticated as real (as opposed to counterfeit), it would be exchanged on a consignment basis wherein they would send it to the CBI, after which the USD amount would be wired into my account within 2-3 business days. There would be a nominal spread, which is customary and to be expected. Towards the end of the conversation, I was encouraged by Kenneth to call ahead for an appointment once the RV takes place, rather than just showing up, and since I was the first person he had this conversation with, he said he would remember me when I called. I LIVE to make that call!! So based on both of these things, I'm pretty excited! I've only invested a little and I won't be a bzillionaire once the RV happens, but it'll be enough to pay off all of my debt, to help some close friends who really need it, and give myself a badly needed fresh start following many struggles for the past several years. I, Blue Jean Baby, do solemnly swear that all of this is the truth, the whole truth, and nothing but the truth, so help me God. This information was also posted at another site by me around 2 weeks ago, in case someone was at that other site and remembers it. I'm posting it here because you seem WAY more reasonable than them at the other place, and I wanted to tell my story over here so that anyone in need of a some encouragement might read it and feel a little better about things. The wheels ARE turning ... just a little slower than we hope ... but they ARE turning!! Have a happy day, eveyone. GO RV !!!!!

Add calling the CBI to that list. GO RV !!!

P.S. My local bank is a branch of one of the big 4. It's the one that uses the American flag as their logo (not sure if it's a bad thing to say what the name of the bank is ...). As to whether they must mislead on purpose, I will say this: If people at banks started saying ''yes, we expect the Dinar to revalue in the next week or two and this is our policy ..." what do you think would happen? Everyone and their uncle would start calling, asking for appointments, clarification, rates, and all the other chaos that is surrounding this monumentally H U G E event. OF COURSE they can't say anything in advance! Not only that, but the vast majority of bank employees not in management are, in fact, clueless in the first place, so speaking with a teller or new accounts person will get you nowhere. I told the person who greeted me that I needed to talk with someone regarding international foreign currency wire transfers, and they had someone with THAT kind of experience talk with me. Again, I'm a total newbie, and no one here knows me from Adam ... errr, or from Eve, that is ... but I used my head and got some answers. This is not a rumor - it's fact, and once the RV happens, banks must recognize the IQD as valid currency for trade and exchange. P.P.S. When I tried to add this paragraph to my original post as an edit, the thingy said that I don't have permission to edit the post. Wha??

Just because I can (and I'm a bit of a newbie at this, investing a small amount but REALLY excited about it), I went to my local bank and asked someone in management about generic foreign currency wire transfers - not mentioning which currency I was talking about. I asked what the fees are, how it's handled, how long it takes for the exchange to take place, who is responsible to make sure it all goes smoothly (me, or the other bank/foreign entity doing the transfer), and other questions pertaining to a sizable transfer in the mid six-figure range. I was dressed in decent clothing, and spoke in what I hoped was an articulate and fairly knowledgeable manner, which he took seriously. He answered all of my questions and then, towards the end of the conversation, he asked me which currency I was dealing with. I told him the IQD, at which point he asked if I had a minute, got up and went to talk with someone. When he came back, he said 'where were we?' at which point I told him Iraq ... and then I explained that the situation is speculative, but expected to resolve in the near future and I just wanted to know what to expect. THEN he asked me about the currency, which I told him I am holding in readiness for when the RV happens. He told me that, as with any other currency, it would be handled on a consignment basis whereupon I would come to the bank, they would take the currency and send it to the bank/country in question, have it authenticated and then the transfer would take place by wire into my account, usually within 2-3 business days, minus their fee for the transfer and whatever negligible rate their spread would cover. I walked out with a smile on my face. Additionally, I called the currency exchange place where I purchased my Dinar and was told about the same. Once a currency is brought for trade (and only if the currency is recognized as valid and able for trade), they do basically the same thing the bank does: Send it for authentication (to make sure it's not counterfeit), and once it's verified, the funds are sent to the bank account of my choosing. I am convinced that this RV must take place in order for the people of Iraq to prosper. Their currency was worth over 3 Dinar to the dollar when Hussein was in power, so it does stand to reason that it would RV in the same range ... but I'm a greenhorn and that's just my two cents. GO RV !!!