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Everything posted by Boatsum
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Sell- 400k Dinars (16 x 25,000 Dinars)
Boatsum replied to Boatsum's topic in Buying and Selling Dinar
Already Sold!!!! Thank you Rickey! -
Hate to do it but I have to come up with quick cash so I am offering to sell (16 x 25,000 never really circulated and most are sequential) 400k Dinars for $250.00 OBO. If you are in the Jacksonville, Florida area I can deliver to you. Prefer to sell as fast as possible to raise money to pay Truck note ASAP! Please no spamming and later on I will be buying back to reinvest but now I need to sell! Anyone local and interested or needs more info then please text me (904) 486-6521 Thank You! T. Caldwell BMC USN (Ret.)
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PTR= Pumping The RV
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As the Chicken announced in the children's fable goes
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ER, I am hoping you can answer this question, it is a question about US Taxes. Once the IQD RVs and If I donate to the DNC (Democratic National Committee) just 1 dollar from my Capital Gain Income, will I be able to write that investment off as a loss on my taxes in April?
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Not sure if this was a typo but by the time I press send on this posting the local time in Iraq be 1838 hrs 7 June 2012 which is way before 12 Midnight 7 June. Did your connection maybe get a ride in a Delorean to obtain this info?
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View PostSWFloridaGuy, on 05 June 2012 - 04:20 PM, said: 6-5-2012 "While the Iraqi Dinar has become a currency-du-jour of sorts, with many so-called experts claiming that it is a smart investment option for foreign exchange traders, the current underlying fundamentals of Iraq and the Middle East on the whole make it an unappealing trading opportunity for the time being and years to come. Primarily, there is no market for the Iraqi Dinar (spot: USDIQD) right now. Starting in 2004, following the US led invasion of Iraq, the Dinar has faced illiquid market conditions amid continued uncertainty of the political outlook of the country. Despite appreciating from 2004 to early 2009, since February 2009, the USDIQD has held steady near a de facto currency peg of 1 US Dollar = 1170.00 Iraqi Dinar. In January 2012, it weakened to 1165.00. Despite these conditions, investors are still drawn to the prospect of a POLITICALLY STABLE Iraq in the future, and, more likely, finding exposure to movements in oil – good reasons to invest in a potential commodity. Currently, Iraq’s oil reserves are the second largest in the world – a scintillating prospect for investment should Iraq increase the number of barrels of oil it exports a day. However, given that there are few buyers and sellers of the Iraqi Dinar currently, those seeking to expose themselves to the prospect of appreciating oil prices should look elsewhere." http://www.dailyfx.c...raqi_Dinar.html OK, I'll take a stab at this... "Primarily, there is no market for the Iraqi Dinar." There's no market because Iraq is under Ch7 sanctions. Remove sanctions, and voila, market. "...the USDIQD has held steady near a de facto currency peg of 1 US Dollar = 1170.00 Iraqi Dinar." Of course it's held steady. It's held there by the CBI. "In January 2012, it weakened to 1165.00." I must not be paying very close attention, but isn't IQD going from 1170 to 1166 a strengthening of the dinar, not a weakening? I'm just a humble mortgage guy, but this guy seems to be making some pretty poor arguments for an expert. By the way, why can't these folks ever get a big name to address this? I remember, a few months ago, Forbes Magazine came all the way down to little ole Birmingham, Alabama, and talked to some no name financial adviser, when they could have literally talked to ANYONE. Read more: I don't fully agree with SWFL comment but I think his comment of the Dinar going from 1170 to 1165 as a "Weakening" was more so for those buying the Dinar would receive less Dinars to the dollar and that would be a Weakening situation but for those already having made purchase(s) of the Dinar then when the values of the Dinar to the dollar comes down and becomes available to trade then that is a strengthening situation. Also removal of Iraq out of Chapter 7 will thus allow Iraq to conduct business on all open markets
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The Dinar will RV at.....
Boatsum replied to tim228's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Ok that is a basis of a opinion, but is that the basis of Candy Cane's Opinion. I mean if one is going to go out and state that everyone is wrong and it's going to be another year then that would tend to make me believe that they have some information as the foundation to their remark. Not trying to be a nay sayer to anyone's comments but more so trying to illicit their argument as a discussion to better understand where they are coming from with their opinion or if proven, Facts. Anyone can get on a Soap Box and announce this or that (And Many do on other websites) but the one thing I have come to expect and see on a regular basis on this site is sound arguments to their opinions or inputs -
The Dinar will RV at.....
Boatsum replied to tim228's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Please tell us how you base this comment by. -
The Dinar will RV at.....
Boatsum replied to tim228's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
You're figures are correct based on latest news reports, I was just trying to use the logic of the author of the post to reflect that $730 Million for Oil for 1 year was inaccurate. Shoot I even used today's Oil Price per barrel and not the one it has been the most part of the year and is bound to go back to of $97- $99 (or higher) per Barrel. that even equates to another $8.5 to $11 Billion dollars above the figure of $79.91 Billion a year, the only issuer for current production. The resources are there to handle the increased valuing of the Dinar the only issue that lies with all this (and has been forever) is can the government control the different groups (factions) that make up Iraq's populace and can never seem to get along to allow the resources to be used to increase Iraq's value. -
The Dinar will RV at.....
Boatsum replied to tim228's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
I tried to go back and edit my previous statement of 730,000.00 to to accurately reflect of 730,000,000 but it did not take. All other data that I had posted was correct. -
The Dinar will RV at.....
Boatsum replied to tim228's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
There is a small math error as I see it. you stated that " Yes they have oil….at 2 million barrels a day x 365 days = $730,000,000 most of which is needed to run the country… still not enough?" Well 2 million Barrels Per day x 365 days does come up to 730,000.00 but that is in Barrels and not in dollars, at present price of a Barrel of Crude Oil that equates to $87.57 or a total of $63,926,100,000.00 or easier stated $63.93 Billion a year. Just wanted to help with the logic. -
Maliki poised to arrest Muqtada al-Sadr
Boatsum replied to rsskelton's topic in Iraq & Dinar Related News
Sounds like to me 1 dirty politician calling out another dirty politician to save his own neck. -
31/5/2012 | (Voice of IQD Holders) - (Rn) said the coalition in IQD Holders on Thursday that the number of members who will vote in favor of withdrawal of confidence from "So Called" Guru Okie over the 200 sign including the Congress of the OOM site. Internet Website in the meantime mobility of IQD related website leaders find in the withdrawal of confidence from Okie This removal of confidence will not guarantee a RV of the Iraqi Currency, but surely will reduce the confusion for any folks out there that does not know this so called Guru. Just my take folks
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The End of May, First of June, 29 ... ?
Boatsum replied to Darkcleaver's topic in RV & Dinar Questions
My Guess is Curious George! Did I win a free 1 Dinar Note with my answer? -
BS
Boatsum replied to madmanjohn71's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
I believe this is in reference to OKIE Pinocchio's Posting yesterday, I found it located on another site (another site's Site) I am posting it below. I can not for the life figure out why this person after making these claims still posts as though he is in the Loop Of Intel. I would be crawling off to hide under a rock if I made as many of claims as he has, not to mention his posting are not saying that this or that might happen he is straight forward stating the certain things WILL Happen. I would never believe a word this person ever states. * (Okie Oil Man): OOM 5/30/12 May 30th, 2012 12:38 pm 12:51 PM [OKIE OIL MAN] NEW POST FORTHCOMING IN A FEW MOMENTS 12:57 PM [OKIE OIL MAN] WOW TO SAY THE LEAST. IT IS AMAZING HOW SUCH A ROTTEN MORNING HAS TURNED AROUND SO RAPIDLY. AS USUAL I WAS A DAY OF 2 AHEAD OF THE CLOCK WITH THE INTEL FURNISHED LAST NIGHT. AS IT NOW STANDS THERE ARE NO DELAY’S AND THINGS ARE BEING INSTIGATED AS I SPEAK. THE PROCESS IS IN FULL SWING AND LAST NIGHT WAS A COMPUTER ISSUE THAT HAS BEEN RESOLVED . ACCORDING TO SOURCE IN D.C. THINGS ARE ALL FINISHED AND WAITING ON JUST THE RELEASE WHICH COULD AND MAY HAPPEN AT ANY TIME WITH THURS OR FRI BEING THE OPTIMUM TIMING FOR THE FRUITION OF THIS TO OCCUR.–INCIDENTIALLY–A SIDE NOTE– BE SURE AND WATCH T.V. TONIGHT–YOU SHOULD BE ENLIGHTENED BY THE OCCUPANT OF 1600 PENN AVE. THIS RIDE HAS BEEN WORSE THAN A ROLLER COASTER WITH IT’S UP’S AND DOWN’S–BUT THE RIDE IS RAPIDLY COMING TO AN END.— 12:59 PM [OKIE OIL MAN] PLEASE EVERYONE GET AN EXTRA BOX OF DEPEND’S—YOUR SURE GOING TO NEED THEM—-WOW OH WOW— 1:03 PM [OKIE OIL MAN] BULLDOG HAS BEEN INVOLVED IN THE OBTAINING OF THE INFORMATION JUST AS MUCH AS OKIE HAS–GIVE HIM A BIG THANK YOU–WE OPERATE IN A TEAM EFFORT TO FURNISH YOU WITH THE INTEL WE GATHER. HE IS AN INDESPENSIBLE PARTNER IN THIS ENTIRE PROCESS. 1:05 PM [OKIE OIL MAN] GONE FOR NOW DO NOT UNDER ANY CIRCUMSTANCES CALL THE BANK’S **************** [OKIE OIL MAN] AS TO MY UNDERSTANDING THIS IS TO BE A PRESIDENTIAL ADDRESS TO THE NATION—ALL CHANEL’S WILL PROBABLY CARRY THE BROADCAST [OKIE OIL MAN] I UNDERSTAND 7 CENTRAL IS WHEN HE IS GOING TO ADDRESS THE UNIFICATION OF WORLD CURRIENCIES -
Just a quick note or fact. Based on the US Treasury annual report for 2011 they UST only held 12.4 Billion Dollars in various Foreign Currency Now I'm not one to say that the Government tells the actual truth on every report but 12.4 Billion (Various Currency no less) is a shy bit short of 3 or 4 Trillion Dinars. Now on the other hand If the the UST used the exchange rate of 1166 Dinars = 1USD then at that exchange rate (4 Trillion Dinars) that would roughly equate to $ 3,430,531,732 or 3.431 Billion USD) This is almost 28% of what the UST reported as Foreign Currency on Hand. So to end it is plausible that the US is holding 3-4 Trillion Dinars but unless you can find and break down the balance sheet that comprises the UST Holding of 12.4 Billion dollars in foreign currency then it is a moot point Link is to the UST.gov webpage with the report sheet. UST 2011 Annual Report
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Inshallah had a different meaning to us In-Country, In laymen's term meant (SH_T ) Stuff happens for no apparent reason
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My Sentiments exactly to all Veterans! Thank You for those before me and those who are currently serving. I Salute y'all!
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1 TO 1
Boatsum replied to kennyc's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Just my take, when reading Arabic you read right side of the page to the left side and top to bottom the only exception to this is when reading abd there are numbers present then they are to be read left to right . Sorta strange the way it's done but it is what it is.