How Many People Like the Sept 30/Oct 1 RV date?

[Jan]

1. The CBI has publicly stated that the removal of the zeros will be complete before the end of 2010.

2. This removal of the zeros (the larger notes) is done by placing the smaller denominations in circulation and at the same time drawing in the larger notes to remove them from circulation.

3. The last time the new currency was introduced there was a 90 day exchange period given for the exchange of the old Saddam notes for the new Iraqi Dinar. That time period was from October 15th 2003 to January 15th 2004.

4. If one were to expect the same 90 day exchange time for the removal of the larger denominations and IF the CBI holds fast to the claim it will be done before the end of 2010 then the lower denominations would be expected no later than the 1st of October.

5. The 1st of October holds three financial time markers.

a. October 1st. marks 90 days until the end of the year.

b. October 1st. is the start of the new fiscal year.

c. October 1st. is start of the 4th quarter.

So October 1st. is a strong financial and accounting marker.

So there are a few factual points to ponder...all in all....sure seems like the timing is right.

Oh...and the political timing is also huge.

Like many have noted here...IF there is to be ANY economic indicators marked as gain to use in the election for those to even hit the chart able graphs they must happen ASAP.

So there are a few points...there are many more but they are more subtle and somewhat complex to even go into so there is no point in even bringing them up.

All in all...the timing seems right.

fwiw.

Phoenix

I just love reading your post Phoenix. You almost always 100% right. ( Have to take one percent back for being human and possible being wrong once) lol I agree with what you've said. Oct. 1 sounds like the time for good things to happen. Thanks for taking the time to break this down.

[Guest Ratatap]

This RV date is like the second coming of Christ - just be prepared cause no one knows the actual date - us pawns I am talking about.

GO RV !!!!!!!!

[DaveH]

I have to agree with you Pete. It would be a big boost for the Dem's if they bring in a few trillion dollars for the economy, but I think it will be a flash in the pan for them.

I like the dates.. any date before 12/31/2010 would be great...

ditto

I do think we are real close...hopefully we get off this ride within the next 15-30 days...don't see it going 30 days though...you can all tell me I am wrong October 25th.

[6year wait]

I too am exhausted with the endless rumors. I've heard a million of them and not one, not a single one has come to fruition. It seems to make sense though that with all that's going on an rv would appear imminent. We'll see, the problem is this is so huge that it's hard to ignore. How can you sleep when you have bills to pay and there's a possibility you could wake up any day with millions of dollars?

[Jan]

I too am exhausted with the endless rumors. I've heard a million of them and not one, not a single one has come to fruition. It seems to make sense though that with all that's going on an rv would appear imminent. We'll see, the problem is this is so huge that it's hard to ignore. How can you sleep when you have bills to pay and there's a possibility you could wake up any day with millions of dollars?

I feel your pain about all the rumors. I"ve had mine for over 6 years but just starting paying attention to whats going on in the past few months. Thank goodness! lol Not sure how some of these guys have done it looking at this from the beginning. I do believe like so many others it's all but done. I also know all about having bills to pay. So to keep my mind off the bills I messed my knee up and had surgery!! lol Now about waking up any day now and finding I'm a miltimillionaire....... I better, I just added more bills to my pile!! So..................... GO RVVVVVVVVVVVVVVV

[Maynard57]

1. The CBI has publicly stated that the removal of the zeros will be complete before the end of 2010.

2. This removal of the zeros (the larger notes) is done by placing the smaller denominations in circulation and at the same time drawing in the larger notes to remove them from circulation.

3. The last time the new currency was introduced there was a 90 day exchange period given for the exchange of the old Saddam notes for the new Iraqi Dinar. That time period was from October 15th 2003 to January 15th 2004.

4. If one were to expect the same 90 day exchange time for the removal of the larger denominations and IF the CBI holds fast to the claim it will be done before the end of 2010 then the lower denominations would be expected no later than the 1st of October.

5. The 1st of October holds three financial time markers.

a. October 1st. marks 90 days until the end of the year.

b. October 1st. is the start of the new fiscal year.

c. October 1st. is start of the 4th quarter.

So October 1st. is a strong financial and accounting marker.

So there are a few factual points to ponder...all in all....sure seems like the timing is right.

Oh...and the political timing is also huge.

Like many have noted here...IF there is to be ANY economic indicators marked as gain to use in the election for those to even hit the chart able graphs they must happen ASAP.

So there are a few points...there are many more but they are more subtle and somewhat complex to even go into so there is no point in even bringing them up.

All in all...the timing seems right.

fwiw.

Phoenix

Hey, Fee:

If we hit on 10/1, I will get you that Fender P-Base just like the picture. I have a brother that sells vintage instruments to the Stars so to speak (Clapton, Beck, Stones . . . ), and he can do that pre-CBS blondie in the picture real easy. He's just havin' trouble with my request for the '57 cherry burst strat I want. Wah!

cheers,

Maynard

[Snatcher]

I like the 27 of this month because it is a Mon.

I like that one also but the 26th would be better for me...What a 25th wedding anniversary that would be for me on the 27th. Hey check that out 25th,26th,27th...It's gonna happen...

Edited September 25, 2010 by Snatcher

[BANE]

How do we cash out if we only have 90 days? 400,000 people holding Dinars in the U.S. CANNOT cash out in 90 days. It just isn't feasible.

[hrdbawl]

This is only a theory.

If the current socialist administration has any influence over the date, which IMO is a strong probability, however not certain. They would certainly like for it to happen with enough time to try to leverage propaganda in their favor in an attempt to take credit for something that they actually had nothing to do with while at the same time leaving as little time as possible for the truth get out to have an impact on the elections. Which IMO means sometime between now and no later than the middle of October.

I too am convinced there will be a huge or has been a huge "push" from the Dem's to get this done in a very quick time frame at this point. I remember Mr. Rich and his thoughts (as well as others) that it is a bit late for that political sway to reveal itself as something positive for our country (and not us as Dinar holders) and thus gain more votes...but I do believe desperation creates panic and the Democrat's have their back against the wall right about now and to some degree are in a panic of sorts. Why not get it done in time to grab some votes especially if this RV and GOI feat is performed in time for November 2nd. Some extra votes are better than none wouldn't you all say?

[hrdbawl]

After reading through this whole thread, I see alot of time predictions for the RV. When it "does" RV, how long do you think it will stay at that particular price, and what kinds of flucuations might we expect? The reason I ask is, wouldn't you want to hold onto your dinar for a "long term" investment for tax purposes? And if you do hold onto it for a year, and if they don't make any more war over there, would you expect the RV to go up or down?

That is "crystal ball" predictions Melanie. I, for one, understand your plight. Hold over a year, long term gain (depending on what you believe as this topic of gains has been ripped to shreds on this site ) is much cheaper than a short term gain. if I am right on my guess with your thoughts, I can hopefully help you with this question in short form.

Ask yourself this basic question. Would you be more upset at the money you would have gained if you sold early only to find it appreciate in price later

OR

more upset at waiting only to watch it fall in price just to save on cap gains (which are going up in 2011 at this point if the Dem's follow thru with their current tax hike which is being reviewed at this moment).

Truth is, the capital gain taxes are something I wouldn't even consider unless your one year of holding your Dinar (to qualify for long term gains) is due within a week or two after the RV. I might wait then.

On the other hand, if you are that concerned over the difference but are agonizing on whether to sell or not, buy some more today and sell this chunk knowing you are going to get hit with short term gains, but leave the other purchase alone to see how the Dinar plays out.

This is what I did. Short term money is my "liquid" pay off bills and what not Dinar money, Long term is specifically placed in a Roth IRA where ALL money earned is tax free period if you don't use it until 59 1/2. Very powerful tool. Spend $1,000+/- for $1mm Dinar and if it went $1 for $1 USD/IQD (hypothetical) you would have $1,000,000 (rough) in your Roth IRA TAX FREE!

NO BRAINER!

After reading through this whole thread, I see alot of time predictions for the RV. When it "does" RV, how long do you think it will stay at that particular price, and what kinds of flucuations might we expect? The reason I ask is, wouldn't you want to hold onto your dinar for a "long term" investment for tax purposes? And if you do hold onto it for a year, and if they don't make any more war over there, would you expect the RV to go up or down?

That is "crystal ball" predictions Melanie. I, for one, understand your plight. Hold over a year, long term gain (depending on what you believe after this has been ripped to shreds on this site ) is much cheaper than a short term gain. if I am right on my guess with your thoughts, I can hopefully help you with this question in short form.

Ask yourself this basic question. Would you be more upset at the money you would have gained if you sold early or immediately assuming it went up in the future or more upset at waiting only to watch it fall.

Truth is, the capital gain taxes are something I wouldn't even consider unless your one year of holding your Dinar (to qualify for long term gains) is due within a week or two after the RV. I might wait then.

On the other hand, if you are that concerned over the difference but are agonizing on whether to sell or not, buy some more today and sell this chunk knowing you are going to get hit with short term gains, but leave the other purchase alone to see how the Dinar plays out.

This is what I did. Short term money is my "liquid" pay off bills and what not Dinar money, Long term is specifically placed in a Roth IRA where ALL money earned is tax free period if you don't use it until 59 1/2. Very powerful tool. Spend $1,000+/- for $1mm Dinar and if it went $1 for $1 USD/IQD (hypothetical) you would have $1,000,000 (rough) in your Roth IRA TAX FREE!

NO BRAINER!

That is "crystal ball" predictions Melanie. I, for one, understand your plight. Hold over a year, long term gain (depending on what you believe as this topic of gains has been ripped to shreds on this site ) is much cheaper than a short term gain. if I am right on my guess with your thoughts, I can hopefully help you with this question in short form.

Ask yourself this basic question. Would you be more upset at the money you would have gained if you sold early only to find it appreciate in price later

OR

more upset at waiting only to watch it fall in price just to save on cap gains (which are going up in 2011 at this point if the Dem's follow thru with their current tax hike which is being reviewed at this moment).

Truth is, the capital gain taxes are something I wouldn't even consider unless your one year of holding your Dinar (to qualify for long term gains) is due within a week or two after the RV. I might wait then.

On the other hand, if you are that concerned over the difference but are agonizing on whether to sell or not, buy some more today and sell this chunk knowing you are going to get hit with short term gains, but leave the other purchase alone to see how the Dinar plays out.

This is what I did. Short term money is my "liquid" pay off bills and what not Dinar money, Long term is specifically placed in a Roth IRA where ALL money earned is tax free period if you don't use it until 59 1/2. Very powerful tool. Spend $1,000+/- for $1mm Dinar and if it went $1 for $1 USD/IQD (hypothetical) you would have $1,000,000 (rough) in your Roth IRA TAX FREE!

NO BRAINER!

sorry guys, this edit function went haywire on me. My bad.

Edited September 25, 2010 by hrdbawl

[hrdbawl]

How do we cash out if we only have 90 days? 400,000 people holding Dinars in the U.S. CANNOT cash out in 90 days. It just isn't feasible.

Hey Bane...wasn't that window you are speaking of a "conversion" window from old dinar to new dinar? Let's say it is...many won't even realize what is happening and this money will go unchanged, some will do it in big groups and if conversion becomes a reality and the RV is tied into it, I'll charter the Concord to fly to Iraq and we can all go exchange and sell our Dinar. Seats are based on a first come first serve?

[dinarokie]

I believe sometime in October prior to the last day of Oct and the rate $1.13. This is what I have figured out from what I have learned over the past year.

i agree, except for i think it will open around $1.48........ but, sometime between oct. 15th and oct. 31st for sure "i hope" lol

[Phoenix]

How do we cash out if we only have 90 days? 400,000 people holding Dinars in the U.S. CANNOT cash out in 90 days. It just isn't feasible.

In 2003 the whole population of Iraq was given 90 days to exchange the old Saddam dinar for the new dinar.

This was a complete success and the population of Iraq is approximately 31,234,000.

So if a population of 31+ million can do it in 90 days I am sure 400,000 will be no propblem at all.

Phoenix

Hey, Fee:

If we hit on 10/1, I will get you that Fender P-Base just like the picture. I have a brother that sells vintage instruments to the Stars so to speak (Clapton, Beck, Stones . . . ), and he can do that pre-CBS blondie in the picture real easy. He's just havin' trouble with my request for the '57 cherry burst strat I want. Wah!

cheers,

Maynard

Wow that would be nice.

I have my eye on one right now.

Man I hope this happens asap....for all involved.

Phoenix

Edited September 25, 2010 by Phoenix

[Melanie]

1. The CBI has publicly stated that the removal of the zeros will be complete before the end of 2010.

2. This removal of the zeros (the larger notes) is done by placing the smaller denominations in circulation and at the same time drawing in the larger notes to remove them from circulation.

3. The last time the new currency was introduced there was a 90 day exchange period given for the exchange of the old Saddam notes for the new Iraqi Dinar. That time period was from October 15th 2003 to January 15th 2004.

4. If one were to expect the same 90 day exchange time for the removal of the larger denominations and IF the CBI holds fast to the claim it will be done before the end of 2010 then the lower denominations would be expected no later than the 1st of October.

5. The 1st of October holds three financial time markers.

a. October 1st. marks 90 days until the end of the year.

b. October 1st. is the start of the new fiscal year.

c. October 1st. is start of the 4th quarter.

So October 1st. is a strong financial and accounting marker.

So there are a few factual points to ponder...all in all....sure seems like the timing is right.

Oh...and the political timing is also huge.

Like many have noted here...IF there is to be ANY economic indicators marked as gain to use in the election for those to even hit the chart able graphs they must happen ASAP.

So there are a few points...there are many more but they are more subtle and somewhat complex to even go into so there is no point in even bringing them up.

All in all...the timing seems right.

fwiw.

Phoenix

Ok, I may be having a blonde moment for a brunette, but I tried reading through this post many times to see if I understood it right. So forgive me if I sound dumb here. "IF" Phoenix is right and October 1st is when everything happens, including the RV , are you saying that we have to exchange our dinar in within those 90 days in order to get our RV price? And if we don't exchange it within those 90 days, will our dinar then become useless? Am I understanding Phoenix right, or am I just being a blonde in brunette disguise? If I am understanding correctly, then it wouldn't matter if I wanted to wait for long term because I would "have" to sell short term. As I read the posts following Phoenix's post, I didn't read anything like what I'm asking......so I must be acting like a blonde . Please forgive me all of you, I am new to this as you know, and I am trying to understand it as best I can

[CeCe]

I like Oct for the month but have to say the between the 15th and 31st.

[Inside Track]

Ok, I may be having a blonde moment for a brunette, but I tried reading through this post many times to see if I understood it right. So forgive me if I sound dumb here. "IF" Phoenix is right and October 1st is when everything happens, including the RV , are you saying that we have to exchange our dinar in within those 90 days in order to get our RV price? And if we don't exchange it within those 90 days, will our dinar then become useless? Am I understanding Phoenix right, or am I just being a blonde in brunette disguise? If I am understanding correctly, then it wouldn't matter if I wanted to wait for long term because I would "have" to sell short term. As I read the posts following Phoenix's post, I didn't read anything like what I'm asking......so I must be acting like a blonde . Please forgive me all of you, I am new to this as you know, and I am trying to understand it as best I can

Okay Blondie...Melanie!!!! This One's For You!!

My lovely wife is "Blonde"...and thus, I have the ability to give an educated opinion....

You, my dear, you are not a Blonde, and must be a brunette!!!

And, a very Bright Brunette at that!!

...Why would you even want to be a Blonde!!!

You see, Blondes don't deliberatly ask DUMB questions!

What's the saying..."Blondes have more fun"...

thus, they would be out having fun, instead pleaging Phoenix with "D__B" Blonde questions!!!

Now, I have a few question for you...

1. What do you think of this Inverstment!!!

2. Do you have any investments?

3. What is your occupation or aspirations?

You Go Girl!!!

[Melanie]

Okay Blondie...Melanie!!!! This One's For You!!

My lovely wife is "Blonde"...and thus, I have the ability to give an educated opinion....

You, my dear, you are not a Blonde, and must be a brunette!!!

And, a very Bright Brunette at that!!

...Why would you even want to be a Blonde!!!

You see, Blondes don't deliberatly ask DUMB questions!

What's the saying..."Blondes have more fun"...

thus, they would be out having fun, instead pleaging Phoenix with "D__B" Blonde questions!!!

Now, I have a few question for you...

1. What do you think of this Inverstment!!!

2. Do you have any investments?

3. What is your occupation or aspirations?

You Go Girl!!!

I'm sorry, were you saying that was a dumb question that I asked? I really don't know what Phoenix meant in his post. If I have to cash/exchange my dinar in within 3 months of the RV, I would really like to know!

1-What do i think of this investment? I love it....as long as I can get as much money as everyone is thinking/saying will happen. Again, I don't know anything about this, it is "a leap of faith" in what other's believe. I NEED this for Maya!

2-Do I have any investments? No, other than my little girl. Everything is for her!

3-What is my occupation or aspirations? Is that two questions? My occupation is part time nanny. My aspiration is obvious, be able to make life very comfortable for Maya.

Now was that your answer to my question? Do you think the answer is so obvious that even I, who know nothing about this venture AT ALL, should plainly see what is in most minds "black and white"? I'm sorry to be so mean, but I am truly looking for answers here. NOT jibbing....if that's what you're doing. If not, then I'm sorry i took it that way. I would still like to know the answer to my question though....about the 90 days issue please, if anyone can elaborate for me.

[dklll]

OCT 3rd all done by then.

[Inside Track]

Greetings Mel, You are much further along the road of discovery in just a few days of study. And, it's not a game for any of us, so I guess I should apologize for my lack of patience with the blonde or brunette questions. Phoenix, Scooter, ChiefV (and many others) have freely given of their research and intellect for us all here. So much of their time has gone into this. The problem in a quick grasp of this RV will take a great deal of concentrated research. But, you might as well read the material already posted here. Also, as you probably have read, Iraqi news many times is deliberately inaccurate...!!! Good answers. I trust all goes will with you and your little one.

God's Speed Mel.

[Melanie]

Greetings Mel, You are much further along the road of discovery in just a few days of study. And, it's not a game for any of us, so I guess I should apologize for my lack of patience with the blonde or brunette questions. Phoenix, Scooter, ChiefV (and many others) have freely given of their research and intellect for us all here. So much of their time has gone into this. The problem in a quick grasp of this RV will take a great deal of concentrated research. But, you might as well read the material already posted here. Also, as you probably have read, Iraqi news many times is deliberately inaccurate...!!! Good answers. I trust all goes will with you and your little one.

God's Speed Mel.

I understand why you say this,Inside Track, and I AM trying to do as much research as I can that Maya will let me do.... . When I tried to research this 90 days thing I was asking about, it only gave me more questions about other things, and I definitely can't stay here for that long. I leave my computer on this page so that I can jump back and forth from taking care of her and reading what people respond, or "if" they respond. I was up at 2am this morning because she woke up balling, so I logged onto here to read what I could. But I was so very tired.

What I've researched so far since your response only made me wonder now if we will only get an rv of very low value at first, say .18, then someone said they will hold the rv there until they take the larger bills out of circulation,meaning having no value then . After doing the calculations on the spreadsheet that someone here supplied, if it rv'd at .18, then I would make $3,500 after taxes. If it rv'd at .86, that would give me $225,000 after taxes. Yes that would help me out ALOT, but it is a far cry from what I had origianlly expected to make off of this. I guess beggars can't be choosers .

I guess the people on here who are expecting to make "millions" off of this must have many "millions" of dinar . I'll take what I can get I guess. Thankyou for your help.

Thanks,

Mel

[brookie]

I have always thought if it was going to happen it would be in Oct. the first seems soon,but it might happen. I have Oct. 15th for a $1.49 stuck in my head. No dreams or anything crazy just a hunch.

[GreginTexas]

If we are guessing then I say Sept30/Oct1 will be more like seating new gov.

Oct 7 thru 15 to public RV with +- $2.20 with a managed float

For Melanie I can not see a deadline on cashing in, The currency is either Internationally tradable or not period.......

[greenrider97]

JUST LIKE ANY PROJECT, WHEN WE GET TO THE END. ALL LOT OF SMOKE AND MIRRORS.

[Melanie]

If we are guessing then I say Sept30/Oct1 will be more like seating new gov.

Oct 7 thru 15 to public RV with +- $2.20 with a managed float

For Melanie I can not see a deadline on cashing in, The currency is either Internationally tradable or not period.......

I like your reasoning, Greg,it makes me feel better. BUT I want to be as fully prepared as I can for my tiny 25,000 dinar . My roommate, Henry, was wondering the same thing. He has 350,000 now after selling me my 25,000 cheaper . And I know he wants a higher cash in rv so he can make good money. AGAIN, beggars can't be choosers,right? Only time will tell.

Thanks,

Mel

[Maynard57]

I like your reasoning, Greg,it makes me feel better. BUT I want to be as fully prepared as I can for my tiny 25,000 dinar . My roommate, Henry, was wondering the same thing. He has 350,000 now after selling me my 25,000 cheaper . And I know he wants a higher cash in rv so he can make good money. AGAIN, beggars can't be choosers,right? Only time will tell.

Thanks,

Mel

Melanie:

Your 25,000 dinar investment is <<<NOT>>> tiny. Believe me, your in!

Maynard