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Questions for Adam 6/8 Chat

Riley

By Riley,
in RV & Dinar Questions

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Riley Newbie

Riley

Posted
Posted

Adam Montana's chat and Q & A for Wednesday June 1st Has been postponed.

Please feel free to leave your questions for consideration here in this thread! Please try not to duplicate the questions and rate & date questions will be passed over. :wacko:

Adam will try and get to the questions below...... :D

Post questions for tonights chat 6/8 here

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Thor363 Newbie

Thor363

Posted
Posted

Post RV, if I were to tithe to a church in dinar, would they have to pay taxes when exchanging to USD?

If you're planning on doing that anyway, it might make sense to do up some gifting letters for the church now for whatever percent of your dinar you planned to tithe. :)

Sorry that doesn't answer your question, but it came to mind immediately for some reason.

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glo Newbie

glo

Posted
Posted

Hello Adam:

I don't know about this FCES vs Banks...

I read this post and I would like if you can explain

if it is better use a Foreign Currency Exchange Specialist vs banks

and if is so...why we will use banks instead of Foreign Currency Exchange Specialist

or what is your opinion about this post.

thank you !

..>>>>>>>>>>>>>>

justin88

• Group:MembersPosts:71Joined:08-April 10Posted Today, 12:45 PM

Read more:

This in turn gives them access to lower spreads on the foreign exchange rates and they also do not add expensive money transfer service fees to the cost of each foreign exchange trade.

Your bank's typical exchange rates will be the Interbank plus 5% and then any additional fees. A specialist will be charging the Interbank exchange rate plus 0.4% to 1.5%.

SO an EXCHANGE SPECIALIST CAN OFFER .04% to 1.5% and they will show in black and white CAN SOMEONE HERE PLEASE EXPLAIN WHY PAY FOR VIP IF THEY WONT SHOW PROOF AS A SPECIALIST WOULD???

Foreign Currency Exchange Specialists

can save you money when you need to send or receive foreign currency. Whether you are buying a property overseas or paying a supplier for your business, make sure you contact Currency Index Ltd, the foreign currency exchange specialists.

Great Exchange Rates, offering significant savings against typical high street banks

No commissions or hidden fees

Authorized and Regulated by the FSA and HMRC

Highly experienced and dedicated account managers

A personal service, to help you get the most suitable currency products for your needs, when you need it

Payments sent quickly, safely and securely on your behalf

Why Should I use a Foreign Currency Exchange Specialist instead of my bank?

The answer is very simple – banks not only have a number of fees attached to any foreign exchange, but they also have a transfer rate much lower than the Interbank Spot rate – meaning you lose money when you make the transition from any currency into any foreign currency. The specialists in the Foreign Exchange field will not only provide you with a superior exchange rate; close to the Interbank Spot rate but also avoid expensive service fees. Simply put – using a Foreign Currency Exchange Specialist will give you the most value-for-money method of buying foreign currency whether for transferring money, buying property, emigrating or for business purposes.

Read more:

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capt.cliff Newbie

capt.cliff

Posted
Posted

Hi Riley and thank you for taking the time to do this

I read today that a Saudi Prince and I can't remember his name spoke out about lowering the price of a barrel of oil down to the 70-80.00 range to keep everyone dependent on oil instead of looking to other sources of energy

Does Adam feel if this was to happen would it affect the rate of the RV and more importantly hold up the RV

not looking for rate and date but more concerned without the 20-30 dollars difference in price would it slow things down!

Thank you

capt.Cliff

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mrsonnyr Newbie

mrsonnyr

Posted
Posted

Hi Riley and thank you for taking the time to do this

I read today that a Saudi Prince and I can't remember his name spoke out about lowering the price of a barrel of oil down to the 70-80.00 range to keep everyone dependent on oil instead of looking to other sources of energy

Does Adam feel if this was to happen would it affect the rate of the RV and more importantly hold up the RV

not looking for rate and date but more concerned without the 20-30 dollars difference in price would it slow things down!

Thank you

capt.Cliff

Hey Capt. I know this is for Adam, but in case he can't get to it, here's my take. Remember that this plan was put into motion when oil was aprox $33 barrel.

Don't believe it would affect the rate to an unacceptable level of return. Example: At $100 barrel they could conceivably support $4-$6 right ? (according to the "experts") The Iraq budget was calculated/approved at aprox $85 barrel (as I recall) and that's about where they were getting the $3.22 rate

(Even if it took a couple years to get there). So even if it is tied to it, at the $33 rate, it seems logical that they still could support a $1+ rate.

IMHO

GooooooooooooooooRV!!! B):DB)

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Riley Newbie

Riley

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Hi Adam, scooter is agreeing with you in his last Trifecta series about a double RV. Do you think they will put a time limit on cashin after first RV and if so how will anyone be able to hold out for higher return on their investment later on.

Great question!!!!!

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DCupp Newbie

DCupp

Posted
Posted

Hello Adam. There has been so much going on about the removal of the three 000'S. There are several news articals floating around as of recent and also the possability of just getting rid of the large bills all together. Im hearing that any bill with three zeros on it will just be worthless to boost the smaller denoms. My question is is this possable and how would this affect us as private investors? would this happen to our money thats in WARKA or the ISX to? I know alot of people (even our long time members) are now fearing that this is the route we are on. Please help. Thanks and GREAT DAY!

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caz1104 Newbie

caz1104

Posted
Posted

Adam,was wonderin if there has been any thought of a statue of Scooter being put out front of the DV Center (ala MJ & united center)? For all he's done to help the members here get a better feel for this investment I truly believe it is warranted...................................................GO RV 2011 BABY!!!!!

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Texas1 Newbie

Texas1

Posted
Posted

First, do you truly believe that members of our State Dept and/or Treasury Dept sat in meetings with the Iraqi govt over the last year+ to assist them in crunching numbers for their budget, and assiting with the overall revaluation process for their currency? If yes, do you think that Iraq has always had an rv rate in mind, and has not deviated from that number, or could Iraq still be discussing what that rate should be?

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goldengoose Newbie

goldengoose

Posted
Posted

First, do you truly believe that members of our State Dept and/or Treasury Dept sat in meetings with the Iraqi govt over the last year+ to assist them in crunching numbers for their budget, and assiting with the overall revaluation process for their currency? If yes, do you think that Iraq has always had an rv rate in mind, and has not deviated from that number, or could Iraq still be discussing what that rate should be?

Adam,

'Texas1' brings up a very good question, if you can, please address!

I am a new member and I am enjoying the copious amounts of information on this site.

Thank you,

GG

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hurricanewayne Newbie

hurricanewayne

Posted
Posted

OK there has been allot of news coming out of Iraq :

1 we see Scooter's chat from another site saying that article 25 will get chapter 7 lifter and that it is signed and a done deal.

2 we hear that Maliki was on TV and announced that the RV will make them front runners and will be higher than pre-war time.

3 we also hear that Alwi & Maliki finally agreed on candidate for defence and interior and security minister and they just need to be voted in by parliament.

so the question is this do we need the HCL law passed and how long do you think all this will take from this point ? we understand that your answer is not in anyway the real answer but a time line for us to really start watching for it.

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tjmunson Newbie

tjmunson

Posted
Posted

I had read that in order for Iraq to request a DFI extension it had to be submitted in writing no less than 60 days from the termination date. Is that true? If not and they get a 6 month extension as has been speculated, does that mean most likely another 6 months of waiting?

Thank you!!

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Riley Newbie

Riley

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Q&A has been postponed this week due to business obligations....sorry - Adam came in the chat room and asked to keep the question thread going so he could answer the questions at a later date....thank you....

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Texas1 Newbie

Texas1

Posted
Posted

Q&A has been postponed this week due to business obligations....sorry - Adam came in the chat room and asked to keep the question thread going so he could answer the questions at a later date....thank you....

Adam, are we on a special ops "blackout" tonight too? It makes me feel guruish, but its exciting....

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Nelg Newbie

Nelg

Posted
Posted

Hi Adam.

If I have decided to gift money to a 501c3 organization or to a church, is it better to give it now, before the RV or after the RV? If I give it before the RV the organization would be responsible for exchanging the dinar into dollars and would also be charged $$ for the exchange, thus reducing their funds. Additionally, I would not be receiving a tax deduction that would help my tax liability. I am not looking to evade taxes, only to avoid them when I can.

Nelg

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