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Spec Investor

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  1. No back peddling on my part . Obviously you and dcupp missed it when Ali said banks will charge a 2%-4% spread. Ali, however, will not, so no "a-d-d-i-t-i-o-n-a-l spread". See how easy that was. If people don't know they will sell their dinars at the CBI "BUY" rate then they need to educate themselves. Sorry if my using the term "additional spread" instead of "bank spread" confused you, it's really not hard. I'll pass on the "Cash In Guide". Be sure to send one to dcupp though, she sounds like she can use all the help she can get.
  2. Actually we aren't missing a thing. The CBI spread has always been a given. It's really not that complicated. You're missing the fact that everyone is talking about an "additional spread"by Ali. Every bank will add one but Ali said succinctly said that he won't, that's all we're talking about. Nobody thinks Ali is going to buy at a rate higher than the CBI, that's just ludicrous,The CBI rate is the best anyone can do and it's ok with me. We do agree that there is no Ali spread. Period. dcupp is having a problem with this truth though.
  3. Just keep in mind if you're near retirement age you can't touch a new Roth for five years. If you're under 50 years old you can only contribute $5,000.00 per year, over 50, $6,000.00. Just some food for thought.
  4. That doesn't surprise me. What surprises me is how many people hang on their every word and fawn over them with "thank yous". It really is pathetic. In a way I feel sorry for them.
  5. You are right dcupp, some are slower than others, you're a perfect example of that. Read the transcript I posted so you can catch up slow poke. I don't see the word PLUS anywhere. You can't blame ear wax this time. If you still see a spread in there maybe you need glasses or maybe reading comprehension tutoring. By the way it's "cbi.iq....duh. I know it's hard for you but please try to catch up. Nope no Ali spread in there!
  6. I just finished listening to it again. Slide the knob about 65%-70% over. Here is a word for word quote from Ali on the DT cash in rate: I don't think Ali could make it any clearer than that. If someone interprets a spread from that then they have serious comprehension issues.
  7. I'm not sure what he meant by worthless but the going down being good might make a little sense. On a chart, when the dinar value increases, the line on the chart moves down. That's all I can think of. Maybe he was too inexperienced to explain it properly or he could just be a moron.
  8. This all seems silly to me. Dinars are so cheap, just buy what you want and sit on them. Why be bothered with all this other nonsense. if you lose a 10% deposit per month in only 10 months you lost enough to just buy them.
  9. You need to listen to it again. He plainly said he would pay the CBI RATE with no spread, PERIOD. Use a Q-tip first next time.
  10. This is EXCELLENT! This is the first time I've heard him state plainly that "he will pay the CBI rate", no spread, just a $150.00 per million service fee. He's always been a little coy about beating the bank's rate but in this interview he was very candid, finally! Thanks for the post!
  11. I must have missed this. Where did this information come from?
  12. Based on that report it doesn't look like Iraq is getting out of Ch 7 anytime soon.
  13. You would be right except for the fact that she has a major influence on their country's government and that directly impacts our investment. I want to know when someone with that kind of power has the same vested interest as me.
  14. This came from Duck2000's chat at so and so's place. Duck 2000 has been wrong on every prediction for years. He/she talks a good game but is never correct.
  15. Maybe it's his way of saying he's going from blue to green. I think the joker would be more fitting for him though. LOL!
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