Spoolin Posted January 12, 2011 Report Share Posted January 12, 2011 The Story Behind the Doha Bank in Kuwait I had an extended conversation with a don't promote other sites Member who wanted to remain anonymous. Here is what we concluded: 1. As we all know, Kuwait wanted to be paid in pre-RV Dinar for reparations. 2. Iraq could not pay Kuwait in pre-RV Dinar. 3. Iraq allegedly did best next thing. 4. Iraq allegedly leaked the rate and date to Kuwait. 5. Doha Bank, allegedly acting on behalf of Kuwaiti Govt, bought IQD at rate of 35cents per IQD knowing the true rate and date. 6. Doha Bank/Kuwaiti Govt had a twenty-four hour window to complete this transaction. 7. IQD was listed on Doha’s site for twenty-four hours and is now down. 8. Doha Bank ONLY bought IQD from Kuwaiti citizens, for 35cents per IQD, who had minimum of $100,000 acct with Doha bank. 9. When Kuwait sells the Dinar they purchased at 35cents per IQD they will make BILLIONS based on the new rate. 10. In the end, Kuwait got what it wanted all along from Iraq! 11. As anonymous said – smooth as a baby’s a$$. Confirmed: 1. That 35cent rate was on Doha Bank site for 24 hours. 2. That Doha Bank only offered the deal to Kuwaiti citizens who had minimum $100,000 acct with Doha Bank. 3. That Kuwaiti Govt wanted to be paid in pre-RV IQD. 4. That there were long lines at Doha Bank these past twenty-four hours and that Americans could not get past the receptionist. Speculation: 1. That Iraq gave Kuwait this window of opportunity. 2. The Kuwaiti citizens who cashed-in for 35cents have 100′s of Millions of IQD, or more, and did so for some quick USD petty-cash. 3. The big boys will play with the RV first and make Billions; and then it will be our turn – soon! 2 2 Link to comment Share on other sites More sharing options...
joe liberst Posted January 12, 2011 Report Share Posted January 12, 2011 Link to comment Share on other sites More sharing options...
miller Posted January 12, 2011 Report Share Posted January 12, 2011 sounds good. Hope this is true and the RV is right around the corner!!!!!!! Link to comment Share on other sites More sharing options...
prettybaby Posted January 12, 2011 Report Share Posted January 12, 2011 The Story Behind the Doha Bank in Kuwait I had an extended conversation with a don't promote other sites Member who wanted to remain anonymous. Here is what we concluded: 1. As we all know, Kuwait wanted to be paid in pre-RV Dinar for reparations. 2. Iraq could not pay Kuwait in pre-RV Dinar. 3. Iraq allegedly did best next thing. 4. Iraq allegedly leaked the rate and date to Kuwait. 5. Doha Bank, allegedly acting on behalf of Kuwaiti Govt, bought IQD at rate of 35cents per IQD knowing the true rate and date. 6. Doha Bank/Kuwaiti Govt had a twenty-four hour window to complete this transaction. 7. IQD was listed on Doha’s site for twenty-four hours and is now down. 8. Doha Bank ONLY bought IQD from Kuwaiti citizens, for 35cents per IQD, who had minimum of $100,000 acct with Doha bank. 9. When Kuwait sells the Dinar they purchased at 35cents per IQD they will make BILLIONS based on the new rate. 10. In the end, Kuwait got what it wanted all along from Iraq! 11. As anonymous said – smooth as a baby’s a$$. Confirmed: 1. That 35cent rate was on Doha Bank site for 24 hours. 2. That Doha Bank only offered the deal to Kuwaiti citizens who had minimum $100,000 acct with Doha Bank. 3. That Kuwaiti Govt wanted to be paid in pre-RV IQD. 4. That there were long lines at Doha Bank these past twenty-four hours and that Americans could not get past the receptionist. Speculation: 1. That Iraq gave Kuwait this window of opportunity. 2. The Kuwaiti citizens who cashed-in for 35cents have 100′s of Millions of IQD, or more, and did so for some quick USD petty-cash. 3. The big boys will play with the RV first and make Billions; and then it will be our turn – soon! That's a concept Link to comment Share on other sites More sharing options...
terr Posted January 12, 2011 Report Share Posted January 12, 2011 Guess we will find out some day...hopefully real soon. 1 Link to comment Share on other sites More sharing options...
8887 Posted January 12, 2011 Report Share Posted January 12, 2011 Great speculative insight.... Blessings, 8887 1 Link to comment Share on other sites More sharing options...
oscar3 Posted January 12, 2011 Report Share Posted January 12, 2011 Keep Pumping 3 4 Link to comment Share on other sites More sharing options...
chris07tibgs Posted January 12, 2011 Report Share Posted January 12, 2011 Sounds interesting...Never lose hope! 1 Link to comment Share on other sites More sharing options...
deenar Posted January 12, 2011 Report Share Posted January 12, 2011 Keep Pumping Pump it up! Keep on pumping! Don't stop! 2 2 Link to comment Share on other sites More sharing options...
tampa1000 Posted January 12, 2011 Report Share Posted January 12, 2011 I wish this was true, but its just a thought!!!!!!!! A good one!!! 1 Link to comment Share on other sites More sharing options...
tjmunson Posted January 12, 2011 Report Share Posted January 12, 2011 It honestly makes a boat load of sense. But then again so did every other BS rumor I've read over the last several months. Link to comment Share on other sites More sharing options...
Legolas Posted January 12, 2011 Report Share Posted January 12, 2011 In what way does that make ANY sense at all? The current rate is 1170, and anyone in the world can exchange any currency for IQD at that rate? We already know from multiple sources in Iraq that the rumor about Dinars being unavailable was untrue, so why would anyone pay 35 cents for a Dinar that is readily available from multiple sources at 1/10 cent? Even if sources were drying up, which we know they're not, the rumor still makes no sense. Logic dictates that other sources would be sought (and easily found) before anyone paid 350 times the current value of a Dinar. 2 1 Link to comment Share on other sites More sharing options...
emgee Posted January 12, 2011 Report Share Posted January 12, 2011 Not only is the title of your thread misleading (calling it "the story behind the DOHA bank") but it should have been posted in the rumors section, not the chat logs. Link to comment Share on other sites More sharing options...
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