sparticus

http://news.yahoo.com/s/afp/usuniraqjordansyriarefugee

What was the rate MM17 predicted?

I read not too long ago by another member that Banks in the event of rapid increase to the value of dinar will only exchange up to 10,000 US dollars per day and no more. Is this true? Are we limited on the amount exchanged through banks ? Do we have to go to a dinar dealer to exchange huge amounts at once ? Please give facts and sources to back up info.

You must not have paid attention to everything said. Sure he was premoting dinarbanker.com, but it was objective at the same time. Just giving facts. You can still exchange large amounts, but what was said is that you have to have proof that the source of the monies exchanged or deposited is non-criminal, legal. No matter where you go to exchange, there will be a fee. Just about everything said had facts to back it up. Point is, make sure the source where you purchased is a lagitimate source or you will be out of luck.

Here is a clear, cut video clip from Dinarbanker.com answering questions on Dinar revaluation potential. Also explaining why rumors of a new currency being printed are false. Very informative. http://www.youtube.com/watch?v=Pu6KEIvXAoM&feature=related

This is a great clip to give a good picture of what to expect after a RV of the Iragi Dinar. Interesting point to keep in mind, if one cannot prove where currency was purchased and that the source of purchase was legal and non-criminal, one cannot exchange their currency anywhere. http://www.youtube.com/watch?v=8oyyuli9SaY&feature=related

In President Obama's state of the union address, he stated he wanted to eliminate ALL capital gains tax on small business investment. Now I know that may seem like a strech to think he might eliminate or cut capital gains tax on our investment, just being hopefull. statement is about 7 min. into clip.

In the event of a RV, does anyone know for sure if there is a capital gain tax or not? I spoke to a Chase bank manager who handles all their branches in their area, he said that there is no tax on currency exchange due to there is no way to show capital gain. I understand he is not a tax expert, but he sounded knowledgeable on the matter. Perhaps someone has spoken to a CPA or tax attorney? In the case that there is a capital gain tax, how is anyone to prove if they have been invested in the dinar longer or less than a year?

Recently I walked into a Chase bank and asked the branch manager that in the event of a RV on the dinar, if it would be taxed as income when cashing in. He said with currency exchange it is not taxable due to there is no way to show capital gain.