US Treasury levies sanctions on dinars

[IPP]

I received a phone call yesterday telling me that the US Treasury placed sanctions on the Iraqi Dinar. Banks can now no longer buy or sell the dinar. We called TD Bank to verify this since they were still buying and not selling, and they are now neither buying or selling. Hopefully this action is stopping everything so that the RV can then proceed in an orderly way.

[Abarvets]

Sanctions? What? Please clarify. Thank you.

[Crow]

?????????????? Hummmm

[ssmith]

This would be interesting... What sanction ?

[BigBear]

Sanctions? What? Please clarify. Thank you.

This isn't true. All you have to do is check websites and see they are still buying and selling Dinar. GID Associates for example are still selling and buying.

[jv1054]

Someone I sold dinar to told me he bught more dinar at sovereign bank here in Manchester New Jersey 08759. All you have to do is have an account with them. I am going to go there this morning and try to buy IQD and see what happens. He just bought his a week ago.It has to be ordered by the bank. They do not have a reserve on hand. I'll have to see what the price is.

[semichdave]

I just purchased Dinar Wednesday morning and it was delivered yesterday afternoon from safedinar.com.

[Carrello]

I bought from a dealer on Tuesday.

How would the Treasury override an Executive Order from the President? Or put a sanction or anything? They are not a law making entity. They may develop policies, but currency sanctions, I don't think so. That is for Congress.

Edited December 16, 2011 by Carrello

[skitealwedrop]

Show me the link to the court ordered sanctions that you are referring to then I'll believe you. It appears that DinarBanker is still buying and selling.

[semichdave]

btw... just in case... i was not "pumping" the site I bought from... just letting folks know in case they might want to purchase more... and that I was able to buy yesterday... "sanctions" or not.

Go RV!

[jg1]

I dought that this is true. If you check his profile, in july he posted a topic, " It has Rv'd.

The Dinar RV'd last Thursday "in country only" at $2.62.

[Jaxinjersey]

I received a phone call yesterday telling me that the US Treasury placed sanctions on the Iraqi Dinar. Banks can now no longer buy or sell the dinar. We called TD Bank to verify this since they were still buying and not selling, and they are now neither buying or selling. Hopefully this action is stopping everything so that the RV can then proceed in an orderly way.

Ok IPP... how about a few more details? Who called you? How did he/she get this information? Let's get a trail to the origination of this rumor, please.... because if it goes back to a guru... well... you get the picture...

[Mommyof3boys]

Thanks for the post IPP.... If it is true, could be a good thing right? Sigh, Someday we are all going to be able to look back and say how crazy this whole ride was..... Its coming I can feel it, soon would be nice

[markchem]

I received a phone call yesterday telling me that the US Treasury placed sanctions on the Iraqi Dinar. Banks can now no longer buy or sell the dinar. We called TD Bank to verify this since they were still buying and not selling, and they are now neither buying or selling. Hopefully this action is stopping everything so that the RV can then proceed in an orderly way.

Of course dinar are still for sale. Ordinary business still dictates some travelers to Iraq will purchase some of the country's currency for expenditures during their visit to Iraq. Your thought that the government ceased sales pending a RV is enticing, but at this time it might have been a nice consumer gesture to stop people from being fleeced. Take a look at all who still keep buying dinars like it is vital water and the last spring is drying up. The bankers and dealers are happy to sell for the spread they make on sell versus buy value. And God knows there is seemingly trillions upon trillions (do I soon hear quadrillions?) of unbacked dinar available to be sold. THEY are the only ones who are and probably will make money on the dinar This dinar investment is an extraordinary illustration of human gullibility, desperation, and greed. Sadly, I too am one of those guilty..

[seetrader1]

I received a phone call yesterday telling me that the US Treasury placed sanctions on the Iraqi Dinar. Banks can now no longer buy or sell the dinar. We called TD Bank to verify this since they were still buying and not selling, and they are now neither buying or selling. Hopefully this action is stopping everything so that the RV can then proceed in an orderly way.

Yup...and donkeys fly..and I fart rainbows. Thanks for the entertainment.

[Elixirbaby]

Yup...and donkeys fly..and I fart rainbows. Thanks for the entertainment.

Now that's talent. :lol:

Go RV

[randalln]

Sanctions? What? Please clarify. Thank you.

Yes me too I would like to see that Resolution from the UST

[eightball]

Clarification needed. BTW, has anyone noticed this topic has 0 views and 16 replies ???? How is that possible?

[randalln]

I received a phone call yesterday telling me that the US Treasury placed sanctions on the Iraqi Dinar. Banks can now no longer buy or sell the dinar. We called TD Bank to verify this since they were still buying and not selling, and they are now neither buying or selling. Hopefully this action is stopping everything so that the RV can then proceed in an orderly way.

For the UST to place trade restrictions on a currency they have to go before the UN dew to that would account to unfair trade sanctions ....the whole reason the IMF and UN are there in the first place

if that was the case they could do it to china BUT THEY CANT IT TAKES A RESOLUTION FROM THE UN

Clarification needed. BTW, has anyone noticed this topic has 0 views and 16 replies ???? How is that possible?

because DV personal are faster than a computer sever when it comes to debunking BS

[Royce]

I received a phone call yesterday telling me that the US Treasury placed sanctions on the Iraqi Dinar. Banks can now no longer buy or sell the dinar. We called TD Bank to verify this since they were still buying and not selling, and they are now neither buying or selling. Hopefully this action is stopping everything so that the RV can then proceed in an orderly way.

The phone call must have come from Okie!!!!!!!!

[vandenbergventures]

I hope its true .....I just quit my job (I would have retired next month), told all my friends to buzz off and put my life savings down on a home I cant afford unless the sanctions are in place and it revalues 3:1. Everything is going to be OK RIGHT.

[Jaxinjersey]

I hope its true .....I just quit my job (I would have retired next month), told all my friends to buzz off and put my life savings down on a home I cant afford unless the sanctions are in place and it revalues 3:1. Everything is going to be OK RIGHT.

Don't worry... be happy...

[sourpuss]

IPP, where are you? please provide link or details..thanks bunches:)

[Nelg]

I hope its true .....I just quit my job (I would have retired next month), told all my friends to buzz off and put my life savings down on a home I cant afford unless the sanctions are in place and it revalues 3:1. Everything is going to be OK RIGHT.

I do hope you are joking.

[Luigi1]

My accountant did mention last month, the Feds may prevent or block the ordinary small currency trader from cashing in after RV. They may be setting up the RV for only the big players like Soros, allowed to cash in. If true, there will be a revolution. Remember, money is power. That's why the middle class must be destroyed at all costs.

Edited December 16, 2011 by Luigi1