[FlyingStar] I JUST SPOKE WITH TONY - HE IS ENJOYING HIS DAY - YOU ENJOY YOURS - HE WILL DO A BLAST MUCH MUCH LATER -- HE'S BUSY DOING THINGS THAT NEED TO BE DONE. EVERYTHING IS STILL ON TARGET -- AND PAM ALREADY EXPLAINED THAT THE SITUATION WITH THE 800'S HAS BEEN RESOLVED. WE ARE GOOD. FOCUS ON THE GOOD.
EACH DAY BRINGS US CLOSER TO THE GOAL. SMILE AND BE HAPPY THAT YOU HAVE DINAR. I'VE GOT THINGS TO DO, BUT WILL RETURN, AND TONY WILL DO A BLAST AT SOME POINT BEFORE THE DAY IS DONE. :)
TNT Ghost: 800 number issues were rectified....now we are just waiting for them to say GO?
[trcgroup] Per alreadyblessed/pam --- we are in a great window - the 800#s situation has been resolved!!! Enjoy your day!!!!!
[kansaschick] Sounds like we are looking at nothing happening until at least Sunday at this point. Works for me. Thanks FlyingStar.
[ram1] kansaschick why do you think that? Hawaii will be closed today at 4pm PST so that should open our window at that time.
Read More Link on Right
[ram1] Tony's blast could be the RV announcement since our window opens at 4pm PST.
[lacidar] Here's a thought about the tax issue: if there are two rates.. let's use the international 3.44 and usa 27.85 - if we exchange our dinar at international rate, then no tax.. it's an exchange. but if we exchange for a profit above the international rate we are actually selling it, like the dealers, for a profit.. and our profit, minus the exchange rate would be taxable as income.. just a thought on how they might treat this.. no Intel :)
[RayT] lacidar We have heard everything from no taxes to we will be taxed based on ordinary income... Randy Koonce of CURRENCY CHATTER, based on information that he received from his IRA Auditor and the IRS Legal Department, the IQD will be taxed (on the federal level) based on long term capital gains (or at 20%) because there is no way for the IRS to track how long any of us have held a particular note... In an effort to confirm this, Randy will be obtaining a "Private Letter Ruling" from the IRS (at a cost of $1500), post RV... If successful, he will post it on the Currency Chatter Website (in about a week after the RV), so we can all give our Tax Attorney (or CPA) a copy, so he will know what you would like to also like to obtain as well...Also, keep in mind, there will be an Obamacare Tax of 3.8% + state capital gains (if applicable in your state)...
[golferiam] RayT one point about capital gains. The IRS does not have to prove you have long term capital gains...YOU do. Otherwise it will be short term. The IRS never has to prove anything.
[Ichthus] The definition of "done" in dinarland is not the same as "done" as we usually define it...and I really have a hard time making the adjustment!
[RockingTheFreeWorld] what is so hard to understand done simply meant the paperwork is done to start the rv aproval rates and such now its all about timing on when to release its done as far as all organizations are concerned
[2sirden] So rkogarris do they who know that we are DONE and they need to get DONE and release the RV ...lol
[1yinca] Ichthus LOL My husband is a builder and when he says something is done...it is done!
[dancerbl2] Ichthyosaurs.. It's like a piece of steak... Many levels of "done ness" rare, med. rare, med, well
[2sirden] PS I be DONE when I have the deposit in my hand ... Then I be DONE
[Jamison] There is a post last night BLC's admin shreed and bank vp that would be a good post to read on recaps and the answers the bank vp said. That is the reality of the banking rules and laws. Good post on recaps
[TexasMom] Jamison ty
[Jamison] A: Wow, well, this is funny to me. Again, like I just said, the process for exchange rate changes is and has been a very automatic, real-time, sreamlined process that is not known to anyone in the market until it is official.
[Jamison] Only those at the BIS and and Central Banks for example would have prior knowledge of pending rate changes and even so, this would be only days prior to release and held to the highest standard of secrecy.
[Jamison] A: Exactly and in banking, as you know XXXX, banks are held to the highest standard around AML and KYC and OFAC. Any financial institution that was found liable for a person leaking information around pending rate changes would be dealt with in a severe manner.
[Jamison] Any employee of these entities would know not to risk jail time so it's safe to say all the information you mentioned above is simply rumors.
[Jamison] A: Well, I guess from a common sense perspective, don't buy dinar based on rumors or information you can't verify yourself. There is not one successful investor that operates that way. XXXX, you've told me about how some of these guys [gurus] say they can see back screens or contacts tell them the
[Jamison] the exchange rate is about to change, or tellers saw pending rates but all of that is simply untrue. There is no way anyone is going to know what the rate is going to be ahead of time.