DOUBLE B] 6:36 PM [DOUBLE B] I just got off the phone with BGG ! poppy3 fell off his horse today and is at the Emergency Room right now !
love it 2] Please keep POPPY3 in your prayers...he prays for us all daily... and now he needs our prayers ...for him
cib] hi squirrel friends, DR's had a good read re: tariffs and Iraq debt. Has anyone read it ( from winalot) BWM what do you think about that, have you heard anything re: that info??
[BWM] cib the whole 10 day "theory" as she discussed, is not in play with the dinar... remember, with Kuwait, they had little water, power, electricity, etc. Technology was well behind the level of transmission we enjoy today...
ealdoctor] BWM I do understand capital gains tax being 15% and 35% but I read that there has never been any taxes on currency exchanges or on Revaluations. Do we know for sure that we will be required pay capital gains tax?
[BWM] dealdoctor I know the laws regarding the revaluations and am hopeful for 0%... I'm just planning for the worst...
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BWM] dinarrocks I'm planning on 15% just because I've held longer than a year regardless... plus my state taxes
[.gizmo] BWM can thay back date taxes to 1jan of the tax your paying taxes on?
[BWM] .gizmo sticky point there... you would have grounds for a case based on your past history... not sure the government wants to get into a "when you got it" argument with all the dinar world
[dealdoctor] BWM thats where I am too on the tax situation right where you are. Do you feel we are any minute now for the RV or do you think there are yet things to be done in Iraq?
[dinarrocks] dealdoctor I'm like you... can't imagine why they would tax this revaluation, when they haven't done it in the past...however, there has never been a revaluation like this before.
[BWM] dealdoctor I still believe what is going on in Iraq is a "theatre" of sorts... just waiting for the world to tell it to "wrap it up" and close the curtain after they announce their final to-do list
BWM] dealdoctor I'm ready to be done...
[drizz] BWM ~ Do you know what happened at the meeting today in Iraq? The one with UNSC and the GOI?
[BWM] drizz should see some news coming "public" soon
dopeygrl] Did everyone read Winalot's post on dinar recaps?
[dopeygrl] It was excellent
kazorlando] dopeygrl dopeygrl What do you think?
[dopeygrl] kazorlando made alot of sense to me..
[dopeygrl] Now I am going to ask a question? How come China announced this rate cut today? The u.S has waited for 4 years to have it cut and today it is announced. Makes you think..
steveg] dopeygrl one of the mods said they would pass the question on to Jonny if in fact it was the reason for the excitment last night.
[dopeygrl] steveg you know better than that. It very important. In April, China, announced they were going to RV the Yuan. Still has not happened. Noticed announced, still have not done. Now China cuts this rate, Why? It is their barganing chip. Noticed announced, not actually did it.
dopeygrl] China wants something...
dopeygrl] steveg Dp not want to get my or anyone's hope up, but to me, it seems like just buisness between major players. Now if China gets what it wants They will follow through and cut the rate, Than after VND goes they will then do the same with the Yuan.
jodyb] dopeygrl you are a smart cookie ;)
[dopeygrl] djodyb I am like everyone else, trying to make sense of a senseless situation.. LOL
steveg] dopeygrl I was just surprise with the lack of emphasis placed on during Bernanke comments today in Congress. You would think if you where asking this move for China for years when they do it you would think it would be a big deal to you.
dopeygrl] steveg I am trying to figure Bernake out. He is a tough one to read. Perfect for that position. He was addressing Congress today, ans they are not the sharpest pencils in the box. I actually thought that is why the market was up today (China News). Notice no QE3 and gold tanked. That is why it was up the other day.
steveg] dopeygrl I am pretty sure china waited til this morning to announce the rate cut. The Market was moving up before than.