Speculators In Iraq Dinar Face Importation Risk

[Jac]

Speculators in Iraqi Dinar Face Importation Risk with Paper Currency

Date: 29 December 2010

"The formation of a government in Iraqi last week has re-energized speculators in the Iraqi Dinar" says David http://iqd.me/l/11 of U.S. Dinar Bank who cautions people that while these recent events are encouraging, people should heed the statements made by the Iraqi Ministry of Finance ?? Iraqi Customs does not permit the entry of IQD currency and will confiscate funds, and that FedEx is not permitted to handle and deliver IQD currency in or out of Iraq?.

San Diego, CA (PRWEB) December 29, 2010

"The formation of a government in Iraqi last week has re-enrgized speculators in the Iraqi Dinar" says David http://iqd.me/l/11 of U.S. Dinar Bank who cautions people that while these recent events are encouraging, people should heed the statements made by the Iraqi Ministry of Finance ?? Iraqi Customs does not permit the entry of IQD currency and will confiscate funds, and that FedEx is not permitted to handle and deliver IQD currency in or out of Iraq?.

While thousands of U.S. Servicemen, and contractors in Iraqi purchased paper Dinar in anticipation of what appears to be an impending revaluation, they may have overlooked the fact that Iraq currency is a national currency only to be used and handled within the Republic of Iraq and not to be used, circulated, or handled internationally in any way.

According to David http://iqd.me/l/11, of US Dinar Bank, http://www.usdinarbank.com, "the statements above illustrate a major risk to investors owning the paper currency of Iraq and it may affect their capability to redeem it at any given time in the future?. He further states that Americans are free to have a bank account and purchase Dinar without taking those Dinar out of Iraq and be compliant with the regulations of the Iraqi government.

Mr. http://iqd.me/l/11 and U.S. Dinar Bank facilitate commercial banking relationships for Iraq?s Al Warka Bank. The U.S. Dinar Bank does not handle Iraq?s paper currency in any way.

http://www.stockmarketsreview.com/news/75530/

God Bless America!

Comments please.

[TimS]

What does Adam have to say abouit this????????????????????????? Let's have him debunk this and move on....PLEASE

Can a MOD please move this to VIP so Adam will look at it? Thank you

[Jac]

What does Adam have to say abouit this????????????????????????? Let's have him debunk this and move on....PLEASE

Can a MOD please move this to VIP so Adam will look at it? Thank you

I agree, let us do that.

[krmayo]

This has already been posted at least twice.

Seriously, are you guys planning on flying to Iraq to cash in? Not worried in the least about importing dinar. Just holding on til the ride is over.

[DinarViper]

yea, i am not going near iraq

Edited December 29, 2010 by DinarViper

[Jac]

I had not seen it posted and was just published this morning so I did no know. Apologies if this is a duplicate posting.

God Bless America

[elymojo]

I believe this has been going around for a good while now. Possibly 6 months or more....

[lancer22]

If this is true, why would the big 4 have trillions of NIDs outside of Iraq?

[jamadude99]

All righty then! My theory is that they want an international currency,

and an international currency is traded everywhere on the planet,

not just in Iraq's backyard!

[lookwhoscomingtodinar]

This has already been posted at least twice.

Seriously, are you guys planning on flying to Iraq to cash in? Not worried in the least about importing dinar. Just holding on til the ride is over.

...yea but that is not what this is saying:

According to David http://iqd.me/l/11, of US Dinar Bank, http://www.usdinarbank.com, "the statements above illustrate a major risk to investors owning the paper currency of Iraq and it may affect their capability to redeem it at any given time in the future?. He further states that Americans are free to have a bank account and purchase Dinar without taking those Dinar out of Iraq and be compliant with the regulations of the Iraqi government.Read more:

[pleasantvalleySunday]

closing thread due to duplication