Bernice: Can I ask some questions?.... I got lost somewhere in this....not sure if dollar is devaluing why would we want to have money if the dinar rate was finally release?...if dong finally does something what currency would you actually want to exchange it for so you could use it here in the in US....I can see if in Vietnam great but if not there how do you use it?....sorry for the paying better attention...rough day .thanks
Frank26: If the USD is devaluing then You have converted it to a currency who's Governor of it's Central Bank has said he is lifting their 000's from their exchange rate to add value to it.
Seems to me ......... You are prepared for any ....... Rumors.
Also ........ Of ALL The Central Banks owned by 12 of 7 for a 7th .......... ONLY THIS CBI'S GOVERNOR HAS and CAN say such a thing.
Serious thing for You to consider and contemplate.
Backdoc: I 100 % AGREE BROTHER!!
WHAT I HAVE CONCERN OVER IS IF A RATE SHOWS UP SOON ON THE DINAR AND FOLKS LEAVE THE BEST INVESTMENT IN THE WORLD FOR ANOTHER CHRRENCY WHICH MAY FIND ITS SELF GLOBALLY ADJUSTED LOWER IN THE FALL WHILE THE ONE THEY WERE IN GOES EVEN HIGHER IN THE FALL,
MANY COULD BE HARMED. BEST I LEAVE THINGS AT THAT. HOPE THATS OK. AGAIN IM NOT GIVING ANY ADVICE ONLY THOUGHTS TO PONDER!
LOVE YA BROTHER!! DOC OF COURSE IN MY OPINION.
Dinar Avatar: I think that "the powers that be" want and expect us to be broke in 3 years. Putting a revaluation of the dinar right before a devaluation of the dollar would be a huge step towards making that happen in my opinion. Revalue the dinar and lots of people will exchange for dollars that lose buying power a bit later. That is evilly brilliant if that is what is being contemplated.
Zerb: very very interesting times we are living in... Definitely moves your spirit
In my opinion...With the never expiring lottery tickets that we all hold...Everyone must understand one important thing...And as others have stated here over and over again (in many different ways) at ktfa...many lottery winners will make this mistake no matter no matter how many tickets you hold (this even applies to my 80 yr old father...who hopefully I can advise)...
When the RI/RV comes to a theater near you...You ONLY exchange what you need to pay off your debts, hire & retain your advisory team (International tax attorney CPA and NON-commissioned financial advisor's) and leave a very small amount of usd (in either a small local bank or a nonFR institution such as a brokerage house) as spending money. (before making any large purchases or donations)
Family you Do not want to create a I R S tax situation before you are ready or 100% confident to do so.
I HOPE THAT MAKES SENSE TO ALL OF YOU. Take baby steps...small ones...Blessings
Thank you all for your opinions and input here... Talk to and interview as many professionals as you can...there are probably a few who attend the church you belong to or they can refer you to someone they use and trust. Just let them know that you're coming into some family money or inheritance they don't have to know where it's coming from at this juncture.
DON'T BE A LOTTERY WINNER
Again, this is in my opinion
Aggiedad77: Well said my brother....well said....a wealth of information right here for sure.....just reread and analyze to understand....baby steps are so critical until you are sure of your foundation....no sudden crazy wild moves. Aloha Randy
222dude :SO FRANK WILL YOU BE WEARING "WHITE" ON MONDAY CC
Frank26: Yes ....... 100%. (White means things are “White hot”)
MountainMan: I believe on Monday's CC you spoke about Shibibi talking about the Dinar getting Closer to the Dollar...ie 1 to 1....Well WS Post 209...talked about for the first time in 2 years the Dinar to dollar was at 1142 to 1120....If I'm Understanding it correctly Perhaps Parity is Coming to A Theater soon!!! Hmmm.....
Frank26: In Nature equilibrium is stability ...... A Good thing.
But in this MR .......... Osmosis is becoming visible.
Concentration of one side is being loaded to the opposite side.
With DRS and the markets around him ......... A Good thing.
Teeter totter ......... Pendulum ........ Gyro ....... Call it what You want but KNOW DRS MR is bringing BALANCE to the fairness of HIS BANKS and CURRENCY.
Ta Da. KTFA Frank
Aggiedad77: I believe in more ways than one DrS is crowing big time, himself and through his protege Dr. Saleh....together they understand the MR....they understand how the CBI truly must be able to function in order to maintain economic stability and the lowest of inflation rates.....
Their guidance will keep Iraq on the straight and narrow through all the political fog that is blowing their way at this time.....
The noise from the Finance Committee continues to be just that, noise....put your ear plugs in....they don't seem to want to give up easily.....
What they have going against them...and what Iraq has going for it....is the knowledge that Dr.S understands what remains to be done to complete the process that he started years ago....it's coming....the BEST is yet to come.