|
rulesforrebels
-
Posts
1,047 -
Joined
-
Last visited
Content Type
Gallery
Forums
Calendar
Store
Musicbox
Posts posted by rulesforrebels
-
-
I never get why people alwways want someone else to verify their money, personally I don't trust anyone more than I trust myself and the Dinar is very easy to verify yourself.
Do a quick google search on how to verify or authenticate your Dinar. Most dealers have charts or images on their site showing closeups of the various security features you should check such as watermarks and silver threads and stuff like that. The black light test is also a quick easy way to check.
Again do a quck google search tons of sites explaining how to verify as well as youtube videos. I have had a number of friends bring Dinar to a bank and were told their Dinar is fake. I checked the notes myself and everytime turned out to be real. I would venture to bet most bankers have never even seen a dinar note.
-
I know a bunch of companies have been fined for selling to Arkansas in the past which I think is the reason why nobody will sell to people in arkansas. Two dealers come to mind though. I believe a few years back DinarTrade was advertising they were the only dealer allowed to sell in Arkansas. I know they have since been bought out by exchange of america so not sure if they still do but they may be a place to check. I believe sterling also advertises they sell to all states so you could give them a try as well. I would start with those I'm pretty sure one of the two will sell to you
-
Good luck.................................strange that you would sell at a time when we are starting to see a light at the end of this endless & dark tunnel!
What's the light we are currently seeing? I havn't been keeping up with news as much lately but havn't really heard anything promising in recent past?
Sounds like you have an attitude bennyandthejets, you yourself at one time were a "dinarbeliever" yourself. What happened to get you so knotted up? Sell out if you want, thats what makes America great, we all have the freedom to do as we please. Don't let the doorknob hit ya! Sick and tired of people with attitludes. No one asked you to be here, YOU made that choice, so bye!!!!!
Agreed, I don't know that I would post a patronizing and somewhat insulting post to my potential buyers. Also cash for Dinars one of those "mafia sites" as you put it would actually give you $180 more than your asking assuming you have your papwerwork in order and the notes are in good shape
-
OF COURSE it's stable!
Haven't seen a rate change in YEARS AND YEARS!
I saw some people recently saying the rate went up to 1198 versus 1166. Any truth to that? When I check CBI still says same old rate?
-
the difference between uncirc and circ buy back is way to much.once they have your dinar they can tell you anything and boom. 375.00 less per mill.
seem like you are setting yourself up for disappointment.
imho
I havn't personally dealt with them so I can't comment on that however most dealers will call you and tell you they don't consider your notes uncirculated and they will either send them back to you or you can take circulated price. If your not happy wiht the price just get them back. If you really wanna make sure the notes are the same ones you receive back as you sent just write down serial numbers or take pics before sending them off.
-
Can you not ask your friends that already sold to them ???
Neither of them got full price which is why I was wondering exsctly what is required. Thanks for adding nothing to the discussion
-
3
-
5
-
-
Hey, was wondering if anyone has the checklist for what's required to get the full $875. A buddy of mine was asking and I didn't know specifics only knew COA and receipt were required. If anyone has the form to post or can tell me if there's anything more required beyond receipt and coa it'd be much appreciated. Thanks.
-
1
-
-
Some people are apparently getting desperate ...hoep you can convince your friend not to do that...
Yeah I did my best but you know how people are, once someone has something in their head it's hard to convince them otherwise. I tried to at least convince him to just send a little bit make sure he gets paid before sending the rest, I have 0% confidence he'll actually get paid but was hoping maybe he only loses a small bit of his Dong. ANyhow, he claims its a one time deal he has to send it all. We'll see if he actually goes through with it.
-
2
-
-
I believe a brick is 2-1/2 million Dinar
I could be wrong but I think a brick doesn't refer to a specific amount of Dinar it refers to the amont of notes. I've always been told a bundle was 100 notes in a bank strap like 100 singles would be at a bank in the US. A brick on the other hand is 10 of those bundles wrapped in seran wrap like you see on ebay in this picture below...
Therefore a brick could be various amounts depending upon what denomination notes the brick is in. There for a brick of 50 notes would be 50 x 1,000 which equals 50,000 DInar total. On the other hand a brick of 1,000 notes would be 1,000 x 1,000 which would be a total of 1,000,000.
-
A friend of mine has been buying Dong like crazy, he claims he has a contract and is acquiring as much Dong as he can to send away to someone on January 12th and claims he'll then be receiving a wire back. I've told him I don't think it's smart to to send money away to strangers with a promise of getting paid but he's dead set on doing this. We'll see if he gets paid or not, I'm guessing not. He keeps saying he can get me in as well, I'm gonna pass.
-
7
-
2
-
-
Can someone explain to me why such a big difference when purchasing Dinar, for ex: 25,000 in 25,000=$35 but 1 brick of 50 dinar is $49 how is it that the 50 is higher then the 25,000? And what is a brick? I appreciate your comments, thank you!
I'm somewhat confused by what your asking but I think your asking why a single 25,000 notes is $35 but a brick of 50 dinar notes is $49. I believe a brick is 100 notes so a brick of 50 notes would be 5,000 Dinar yet is quite a bit more than 25,000 note which is 20,000 more Dinar?
It's always been like that, I remember contacting DinarTrade about 5 years ago inquiring about a million in 50 notes. If I remember correctly it was over $7,000!!! Thats insane, basically the same amount of Dinar in 25,000 notes would be about $6,000 cheaper.
I remember years ago there were a lot of guru rumors flying around about how small notes were going to be worth more than large notes or that maybe large notes would be taken out of circulation and anyone with notes above 1,000 would be SOL. I think common consensus now is that that is complete and utter nonsense however some people for unkown reasons still seek out small notes. I've always been one to buy whatever is cheapest so if dealorbuydinar has a great special on 10,000 notes thats what I'll buy, if they have a special on circulated notes that's what I'll buy. I wanna get the most dinar for the least amount of money regardless what notes they are.
A quick google search did pull up a article about how small notes are sold in bricks and stuff like that...
http://buyiqd.com/blogs/news/16316532-iraqi-dinar-lingo-what-is-a-brick-bundle-strap
On ebay you can get much better deals on small notes than through dealers. If you want to go with a USA seller this banknote world guy seems to be the one to buy from...
By far the cheapest deals on ebay seem to come from sellers out of Jordan or Hongkong if you don't mind dealing with someone outside the US.
It has been awhile since I purchased but, I got mine from Dinar Trade which is now under another name. Of course I can't remember it right now but, I am sure there are others here who do.
Anyway, I had a wonderful experience with them all three times that I did puchase from them. They even had C.O.D. which gave me more peace of mind because you aren't out any money if anything happens to go wrong.
Honestely, I have never purchased any foriegn currency prior to the Dinar and so, I have nothing really as far as comparing other dealers, etc goes but, it was a pleasant experience for me. I ordered online and received the dinar within a couple of days each time and did take advantage of the C.O.D. just to be safe so, I would recomend them.
I like COD as a shipping method however in the grand scheme of things it isn't that much safer. I did a COD order from DinarTrade years ago, all was good and I was happy with my purchase so not complaining but at least in my case you don't get to inspect the package before paying the Driver. You hand over your cashiers check, he hands over the package so your paying before you actually receive and check your package. Now the chances of someone sending you a envelope full of monompoly money is probably small but all you are gurnateed is that you will get a package, doesn't gurantee the package will not be empty or that it conaints the right amount of Dinar.
WHen dealing with a dealer probably not a big deal but I know we've had a few members on here scamming people so if you're dealing with an individual don't be lulled into a false sense of security because someone could send you an empty envelope.
-
Yeah I saw this in an ad the other day, that's a fantastic price considering every other dealer is at like $780 on the high end so almost $100 more, I think even higher than the official price of what dinar is worth which is currently like 864 or 866 or there abouts. I have had a few friends sell to them, everybody got paid and got paid quickly. LIke you said make sure you got all your documents in order such as receipts and certificate and you get the posted price. They even pay for the shipping into them which saves a few bucks and makes things even easier. I have no idea what they pay for other stuff but I know they also buy dong and zim and some other monies as well.
-
1
-
-
how much do you want for them and what denominations. Also are the uncirculated and where did you get them?
She answers all those questions in the post title minus condition. Its a mill in 25k notes for 850. We just dobt know if circulated or uncirculated
-
1
-
-
Average is 7% round trip or 3.5% for a one way exchange
I think lots of people already paid about 15% just to buy it
So let’s say you are moving countries and you sold your house in one country and bought in another. $200,000 house, transferring from London to New York, or from Sydney to San Francisco. How much do you pay the bank when you wire the money?
You might be shocked to discover that the fees are as high as 13%.
That’s on a round-trip exchange, meaning if you changed the money then changed it back you would lose 13%. Of course you’re not going do a round trip exchange, but it gives you the idea of how much the banks are making. The average fees are around 7% round-trip or 3.5% one way.
This means that on your $200,000 house you just paid $7,000 to the bank to transfer the money for you.
Wiring is always going to be cheaper than cash as it's electronic vs involving the physical handling of cash. Same way you can trade on forex for tenths of a percent vs 8% to as much as 20% to exchange physical foreign currency. With something like the Dinar this is totally just a guess and not based on anything but but I would expect a minimum of say 13% maybe as much as 30% if it rv'd and we had an opportunity to cashout.
-
Again I will vouch for cashfordinars. I have done 4 transactions with them and they all went well. I know a couple of people have complained about them, but I've spoken to the owners of the company and they have a very different version of what happened - but unfortunately they never get the chance to defend themselves. cashfordinars is a smaller company, but they are a registered currency dealer which gives them credibility. And because they are smaller, they can offer better prices and are willing to buy dinar from anyone - not just their own customers. In fact, they just increased their buy price again -- to $875/million for uncirculated notes if you have the receipt and a CofA from a registered US currency dealer. And if you are a buyer and not a seller, you can buy for only $899/million - uncirculated 25,000 notes - via their site at secondrotationcollectibles. They have the best prices out there I think (short of finding a great deal on ebay) PLUS they pay for shipping. And because they are registered,with the US Treasury, they are well scrutinized and still continue to stay in business - which tells me they're doing things right. I do think they have grown a lot very quickly and maybe that's why there have been some problems, but I believe in them and I still recommend in them. If you have concerns though, call and speak to Michael or Steven and mention you're with dinarvets, and they will go out of their way to do right by you.
I agree with everything you said. I know several people who have dealt with them and everybody has gotten paid its not like they are stiffing people and stealing dinar by any means so nobody should be concerned about that.
Only one of the few people I know who have sold to them actually got the quoted amount so know whats required to get the quoted price, my two friends who got smaller amounts its their own fault as cashfordinars was very upfront about what they required in order to get full price such as receipts and coa and all that jazz.
One thing you said which I would take issue with is that by being registered with the Treasury they are heavily scrutinized as you say. I know a few people from this forum who became MSB's aka treasury registered just for the hell of it because they thought it was a neat thing to do. There is no scrutiny at all, its simply filling out a form with the IRS. I dont even think there's an approval or denial process all you have to do is fill out the form. Even the Treasury themselves states its not a recommendation of a companies services or an assurance its safe.
Thats not to knock cashfordinars or any toher dealer, simply saying everyone should always due their due diligence on who you are dealing with whether checking BBB or dinarsites. Just because someone is registered doesn't mean you should be lulled into a false sense of security. This is just my personal opinion but I think options are a huge scam, I also personally think it would fall under the category of an investment which should be registered and vetted by the SEC however we see countless dealers who are Treasury Registered selling options and nobody seems to do anything about that or take issue with that.
-
1
-
-
Anyone who claims to have "negotiated" a bank spread is lying because no way a bank would agree to a spread on a future maybe situation when they don't even know what their costs will be. Bank spreads vary depending upon the currency. When I go to Italy my bank charges me I'd say about 8% for Euros, when I go to Costa Rica its almost 20%. I asked about this when I was buying and they told me they themselves pay a 17% spread to acquire it.
WIth a currency like the Dinar, even if it has RV'd it's an exotic currency so the spread will be high. Even 5% at todays rates is $50, if it goes up in value the spread will obviously be an even higher amount, not necessarily a higher percentage but obviously bigger amount more you pay even if spread is the same.
I don't know how all banks work but I'm assuming with Euros if they buy Euros from you they aren't going to send them away somewhere and sell them, may as well sit on them and probably some other customer going to Europe will buy them within a week or so. Obvoiusly nobody is traveling to Iraq even if people were the amount of people selling to them would outweight the amount of people traveling to Iraq so the bank will probably have to sell the currency off to another bank or a broker instead of turning it around and making a profit on both ends which I would assume means they have to charge more.
-
2
-
-
You have over 4 Million USD worth of DInar?
-
1
-
-
Adam do you know a reputable company were I can sell around 25mil dinar. I will still have 7 mil dinar. I do not have all my receipts.
Please advise
I'm pretty sure sterling and dtrade and most of the big guys either only buy from their customers or if you have receipts and COAs. You may want to check dealorbuydinar they have aways been friendly and fair with me and I don't think they require receipts or anything.
-
You should be able to get $800 from cash for dinars if your notes are uncirculated and you have all your receipts and paperwork in order.
-
Not trying to be negative here but for years everytime someone sells someone says just hold on a bit longer
I do agree that it seems something is happening right now, not necessarily an rv but seems were seeing some movement in the rate I keep hearing people report its 1198 instead of 1166 which I think any movement is a good thing but just saying everyone always tells people hangon and if everyone listened people would be hanging on years later instead of having some cash in their pocket.
If someone wants to sell then sell if you want to hold hold.
-
2
-
-
take a look at plug, ford, ahhhh the days, i was in on them around 1.00 something,
god why did i not hang on to
list is long on that lol
I was just kicking myself for that the other day I rememeber back in 07 or 08 I think it dipped down as low as 90 something cents. Just recently I was scared to pickup at $13 but its up to 15 and some change and i think going higher.
Apple going through the roof. I'm tempted to buy in at 115 or there abouts but scared its going togo back down to like 105, at the same time could very easily go up to like 150.
I think Ford is another good stock, new F150 getting good reviews and thats their best seller. Not only is it better on gas and that eco boost getting rave reviews but helps even more gas prices are low right now.
Sprint has been a turd for years but I've always bought sprint if for nothing else
GoGo wirless alot of people arereally hype about but it does nothing it sits at 15 or 16 shoots up to 18 and then crashes back down. they do have by far the biggest marketshare of wifi on planes which I think is a good play for the future.
lets see what else, had my eye on LL lumber liquidators FB facebook and a few others.
I like Apple, was thinking about picking some up on this Dip, I think apple is a decent company, personally I stay away from the facebooks and gopros and all that. These are fad companies trading above value just based on hype. Not to say you can't make money on them but personally I'd rather put my money into large cap undervalued companies with a good PE.
-
I am asking about "Fluffer Frank" the gooroo with the inside track that had all the contacts in the behind closed doors meetings. You know who I'm talked about - the one that was calling for RV all the time due to his connections & top secret INTEL? I assume his followers finally tarred and feathered him!
oh you mean the guru who talked about secret intel? you just described every guru out there lol
-
1
-
-
Hammer
If you are swapping your dinar to gold.. possibly you don't pay taxes because it's one investment to the next investment.. but what you will be paying is the spot price for gold will be higher than gold dealers plus the dinar rate can be lower than market rate. Which still be a good exchange, if you don't need to pay taxes on it. You can always sell it little by little when you need money and a win win situation
Do not quote me on this one, I am no financial expert but this is my guessing
don't believe everything I say, I am a story teller lol always check with your accountant or tax attorney. In real estate, you can do 1031 exchange when you sell your home and roll the profit to the next house without paying any tax consequences and if you stay in your home for a couple years and you are married there is an exclusion of how much you can make without paying the taxes. Again, check with your accountant.. I would have to disagree with you on this. How were you able to purchase a million worth of gold with what was origionally $1000 worht of Dinar? Somehow that $1,000 worth of Dinar became worth a million dollars and for that to happen you had to see a gain. Anytime you see a gain the government is gonna want their cut.
I'm not saying I'm 100% right on this but we all know our government and our IRS and I personally can't invisision a scenario where were able to mak a million dollars and not pay a penny of tax.
I'm trying to think of similar situations like you sell one house and buy another. Its not like you get to skip out on taxes purchasing a house by saying I paid taxes on my old house I'm buying a new one so don't see why we would be able to with dinar to gold.
As far as buying DInar with IRA, I have a 401k not an ira so don't fully understand them but I think I recall Ali at DinarTrade used to offer a service where you could buy DInar with your IRA or 401k.
-
This is only to remind people that true research gets real answers. You all still can do as you please.
Before i joined this website i had been invested in the the IQD for 3 years. I was given a pitch on what sounded like pretty legit information and i did "SMALL" research and thought this was a great idea! When i joined website i was enthusiastic on RV's happening and was riding the band wagon on people's information and research, the "Boots on the ground" people, promising articles and Adam Montana's (not his real name) constant pitch on VIP and how "ITS WORTH IT to BUY NOW!" (Which i did for 3 months). I enjoyed the website for the most part and was trying to be positive and a contributor.
But then as i continued to mature and "wise up" so to speak i started seeing things on this website that started to rub me the wrong way. Things around here started to sound more like constant sales pitching then helpful information. I started again doing more and more research into this "investment" and wondering if i should purchase anymore IQD. I started to stay off forums. Started with a couple days, to weeks, months, and now years.
Here's what it boils down to.
1. Adam Montana is a money maker. He admits this and tell you he wont sugar coat the "real facts". This he has said. Basically he doesnt need the "RV" when he has you the "VIP" purchasing what he calls protection. Please understand im not hating on him by no means but i've come to realize what he's about.
Adam makes money off running this site as he should. Nothing in life is free and if there wasn't some monetary incentive nobody would take the time effort, or money it costs to run a site like this. I know there is a VIP membership, I'm not personally a member myself but there's quite a bit of free uncencsored information and resources on here so he provides quite a bit of info to us for free plus an avenue for us to meet and discuss things with each other.
I also have to realy commend adam on not cencoring the forum. Look at any other message board or call and people are getting banned left or right for no reason. Adam pretty much lets us all say anything we want on here whether positive or negative about the dinar. Even when people talk bad about Adam himself he doesn't ban them or take posts down. This is definately a place where people can talk without overbearing mods or getting booted so props to him for that.
2. Kuwaitt NEVER did a "RV" on there money.... Yea thats right. So for all of you including Adam that have said that are wrong. Dinar dealers will use that to make you believe that the IQD will do the same thing. Think i'm full of S&*$ here is the link to one of the articles
http://www.baghdadinvest.com/the-truth-about-the-kuwait-dinar-revaluation-rv/
Am i saying nothing will happen with IQD... thats up to you to decide... but i dont think its going to do what all of you think it will.
To the best of my knowledge and through the research I've done I don't believe Kuwait ever did a revalue. Some people got rich yes but from my undertanding it was a unique situation where people bought money in the streets for pennies on the dollar when kuwait was being taken over by saddam. My understanding is some people basically in the right place at the right time with the foresight to buy a currency which was likely to become worth nothing soon jumped on the opportunity and probaly got very rich.
That being said I've never really been able to find out 100% what the truth is on this issue.
3. The Dinar is "REAL"... but its what people are doing with it that make it more SCAM then investment. People are surprisingly gullible and only need snap shots of so-called facts for them to jump on something. i recommend watching this link as well. its an updated video posted in May of this year (2014)
There is no scam involving the Iraqi DInar. If you purchase Dinar and get DInar you got what you paid for. If you chose to listen to a guru it doesn't make the dinar a scam, it makes you a gullible investor who takes the word of a stranger instead of doing due diligence and research yourself. I personally also consider options to be a scam but I think options are a very small part of the Dinar investment and not all sellers even deal with them, seems to be a handful of dealers selling them, that is the biggest scam elemetn of this whole dinar thing along with the gurus.
http://whnt.com/2014/05/09/iraqi-dinar-investment-fact-or-fiction/
So im guessing your thinking... So why the "hell is this guy coming back here and saying all of this ish if he thinks its a scam then go away!"
its more to remind you to think twice or three, four, five times before you purchase anymore dinar or even Adams VIP sale. I did my research and im more convinced that this investment will not payoff like i thought it would. Do i still own dinar? Yes its stuck in a envelope under a bunch of files where i will keep it and maybe encase it for decoration ....but i did go back to the bank and get some of my money back as well.
Just because i dont push the Dinar or get hyped up about it doesnt mean i'm not allowed to have a voice and share actual facts.
Some of us have actually profited off teh Dinar. Not sure when you all got into it but I got in way back in 2004 after reading an article in forbes or something like that. I bought several times off ebay for I wanna say $400 or $500 per million. Today even with a dealers big buyin spread I'm still ablet to sell for probably $750 if I wanna sell myself maybe $850 or so. I don't have a ton of Dinar but i have a few million and I'm up a few hundred bucks on each million so I'm probably up $800 to $1000. Now I probably could have done better with gold or the stock market but could see a profit of say $800 if I sold today. I know some people bought years later at $1200 or more so those people would still be down but like anything in business or sales buy low sell high.
Implied rate prediction
in RV & Dinar Questions
Posted
I don't like to get into bank stories and predictions because in the grand scheme of things nobody has a clue and everyone is just guessing but I recently spoke to a friend from the middle east who still has family there. He's not anybody important no secret contacts but I he has family there and I'm guessing a bit more understanding of things over there than the average person. He's always been very grounded in terms of not thinking an rv would happen and even to the point of making fun of me for having Dinar. He recently said he thought it might come out at like 0.2 cents or 0.o4 cents. I know that's probably not what people want to hear they want to hear 1:1 or 7:1 but for me personally any movement would be good and even a couple pennies and I'd be thrilled. It surprised me to hear him say this as he has always been very skeptical and even he is saying he sees a small movement comming