Sunday, January 30, 2011

Taxes On The Dinar For Canadians

Hi Everyone
As our investment in Dinar is slowly coming to conclusion,its time to figure out how to keep from paying an excessive amount of taxes on our investment.
  First of all i'm not a Qualified Tax Accountant so what ever i say here is for Entertainment Purposes Only.Please Verify everything with  Tax Expert First .I'm only giving you Ideas
 The Iraqi Dinar is a totally different type of income virtually unheard of before so there is really not a whole lot of info on how it will be taxed.
 First of all,will it be taxed,Check with a professional maybe it is not.If it is taxed will it be Income or Taxable Gains.Again check with your tax guy.Also get a second opinion,maybe a third.
 I personally set up an offshore corporation.I did this for another program that i'm still waiting on to save on taxes.They are expensive to set up here in Canada,I was Quoted around 12 to 15 thousand from a firm in Ottawa.I got one for 4 grand in the states.They have contacts in Toronto that can help you with your taxes on this.If anyone wants any info let me know and i will get you in contact with them.You need to get this set up prior To The RV.
 You can also set up an Nevada Corp in the states.This is best if you have an residence in the states too
 I can also get you info on this too.
 Trusts are big with the Dinar Investers in the States.I haven't heard how they work up here.I will check this out this week.
 It is my Opinion that the Dinar will come in around a 1.00 US to 1.37 US which is value of the Euro and then float up .If it comes in higher YIPPEE.If you have under a million dinar if you are married and want to share with your Spouse,you can do income spliting.
If you have a mortgage,loans,credit card debt check with your Tax Consultant and Bank to see if you can pay them with Dinars.Might be able to do it.Save on taxes that way.
If you are giving money to Charities,pay them in Dinars
 If you have $1 million and up i would look into a Corp or Trust
Again contact a Tax Expert To Confirm My Ideas

The Iraqi parliament is back to work ,Hopefully they will move forward quickly now.I will post on that
Tomorrow
CashOUT
Any questions send to my email,thanks
cash1324

iraqidinarforcanadians@gmail.com

Wednesday, January 26, 2011

Ministry of Commerce announced delegation went to Geneva

Ministry of Commerce(Iraq) announced that a delegation went to Geneva To work on steps to get into World Trade Organization (WTO).In order to trade world wide you need to belong to the WTO and you also have to have a Tradeable Currency.
There seems to be a lot of confusion going on .Hopefully on Jan 30th when Parliament Resumes we can better see what is going on .
 From the Intel I've been getting the 2011 budget is going to have final reading and be passed.Keep your fingers crossed
 I also heard that the final ministers for the GOI will be announced and if that happens Shabibi who is governor of the CBI should be announcing the RV.I also heard that Maliki(PM) and Shabibi are fighting over control of the CBI(central bank of iraq).Who knows it could all be a smoke screen.
  Also the Arab Summit is on March 8th. in Baghdad.I thought it was later in the month.My thinking is that they will want a World Tradeable Currency before the Summit happens.
CASHOUT

iraqidinarforcanadians@gmail.com

Sunday, January 23, 2011

Link For Forex

http://www.forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar.html

I just found this Forex Link.Just follow the Instructions


http://www.forex.tradingcharts.com/

Check Your Dinar Value

Hi Everyone,here is a link to Check your Dinar Value.Not worth too much now,should be increasing shortly
Here's Link
http://trackiraq.com/default.asp

CASHOUT

Two Banks closing early in Iraq for possible Training

Good Morning

I just got word from Boots On The Ground (US Armed Forces IN IRAQ) on The DV Forum that the Bank of Baghdad and the North Bank on the base had closed early for training.This was confirmed by several( BOTG) on that base.Interesting
 We also have seen the Dinar on Forex Markets being refreshed every minute.No price adjustment but live on Forex.Also interesting
 It looks like something could be happening,time will tell though.Just for those that don't know the Iraqi work week runs from Sunday till Thursday,their holy day is Friday
 As i stated in the last update Baghdad Iraq is hosting the Arab Summit this year with all of the ME countries .
 Iraq is doing a lot of preparations for this,like Security,Renovating Hotels etec .This is a Big Deal
 The Summit is in the latter half of March.Iraq will want to look good for this,like having a Tradeable Currency that is worth something..If they are going to have a Tradeable currency they have to do this soon.
 Iraq is also trying to GET into theWorld Trade Org (WTO),you need a Tradeable Currency for this too

So a lot of events are happening(Please Don't buy any more dinar because of this info).Dinars are getting harder to get.I've had reports of taking 2 to 3 weeks to getting them from the Currency Exchange in Sudbury
  I'm going to be approaching the Scotia Bank once this RV's to get the best rate possible through the bank..If we go as a Group usually a better spread .So if you are interested get yourself an account at Scotia now,usually you have to make an appointment to do this.I've already talked to Scotia,they will be dealing with dinars once this RV's.(Don't pester them now).
 So that is it for now,I will post any new info as it ,Any Questions Please Email me and i will get back to you
 CashOut
cash1324
iraqidinarforcanadians@gmail.com

Friday, January 21, 2011

Whats Happening with Iraq and The Dinar?

Good Morning
The Iraqi parliament is shut down until Jan30th,2011
Members of the parliament including  Pres Talibani were at a Middle East conference in Egypt this week were they revealed they could have on reserve 500 billion barrels of oil.Iraq is currently producing about 2.6 mil a day.
I have also reports of some action on some of the Forex Markets.No price move just seeing rate being refreshed  every min or so.
There is also the Arab Summit coming up at the end of March and Iraq is hosting it.The speculation is that Iraq will want a Tradeable currency before then .
 So we are getting some positive news here,but please don't buy any more Dinar because of it .This is still  Speculation,Only ever buy what you can afford to lose like all investments.
CASHOUT

cash1324

Wednesday, January 19, 2011

Opinion of Dinar Daddy on When RV might happen

I just want you to know that despite the predictions of those who post almost daily that the event either has or is going to manifest itself within the next 24-48 hours, and their information yet again not coming true this week, and even me being more negative about such information than usual over the past few days, that I personally believe and hope to see this come to an end before the Arab Summit in March.
Here’s my theory… and it ties all scenarios together. Take it as my speculation/theory. This isn’t intel, but information I’m piecing together in the order I think it is happening…
1) Iraq’s government being complete (i.e. Security positions filled and approved) is a stipulation the IMF and world governing bodies have placed on Iraq. They don’t want to give Iraq a valued currency that can’t be secured and protected by a rogue government and feuding country. Get security resolved and then this can move forward… Budget passage is part of that “feuding government”. Get it under control and the world can now allow the RV.
2) China’s involvement in this has to do with them being part / governing bodies needing them to be part of the Global Settlements and movement of funds throughout the world to fund the RV. This is a massive coordination effort by the largest powers of the world. As such, everyone needs to be on the same page before they set it in motion. It is my opinion that China is utilizing its final negotiation power in this process while things are still unsettled in Iraq. I believe everything will come together with all the final, major players as this officially winds down, and the trigger is pulled. We are simply seeing the pieces fall into place, and, as you can imagine, these would be the final plays in everyone’s playbook before the new beginning. It is my opinion China is helping and working and coordinating with the US, not slowing us down or getting in the way.
3) Governing powers can be patient in this process regardless of what everyone says. They can wait for Iraq to work itself out, but there will eventually come a time when the wait will be over. Until that time, they will use Iraq and their information (i.e. government formation, internal feuds, etc.) as an excuse to continue doing what they need to do behind the scenes, as a world governing body, prior to this event. Most of what are the real reasons are for this not happening yet are not shared or known. We make sense of the obvious, and that’s what they wish for us to believe. So, be patient, and when they wish for this to happen, then they will point out the obvious of what WE feel we know, having hidden the private matters, and use that as the natural progression to an RV or change in the currency. It may not be the real reason, but it will be OUR reason, and that’s good enough for me, as it should indicate an RV that will reward all of us.
I just felt I needed to clear the air on that. I know I need to be careful with my information, but I’ve probably been a bit too cryptic lately, and I need to exude more positivity, as I know many are hurting right now. I have confidence in this investment. I just won’t get into predictions of date and rate like others seem to do due to all the above circumstances, information, and global coordination efforts.
I don’t endorse or believe any specific information that is shared on the forums, and neither should you. With that said, I will continue to post that information here for all to reference and to be made aware of.
Go Dinar!

Thursday, January 13, 2011

Where To Cash Out When The Dinar RV'S?

Good Morning
Waiting For The Iraqi Gov to RV the Dinar is a game of patience.They work ever so slow but they are Progressing.It looks right now that it could RV any time now or it could take a few more weeks or months.If that makes sense but it will RV.
 I read some new information this morning but still confirming some of the intell,will post later
 I had a Question about cashing out in Canada once it RV"s
First of all,the Dinar is still pretty much an EXOTIC Currency worth about 1170 dinar to 1 US dollar.It won't be a World Tradeable currency until it RV's .Once it rv's most Banks in Canada will deal with it .I have confirmed with Scotia Bank that they will deal with Dinar once it RV's.I will let you know more info once it RV's.So please don't PESTER the banks until this happens .We still have find out what their spread will be first(the difference between what they pay you and what it RV's at ).
Currency Exchanges will probably cash out your dinars too but still got to watch the spread,You would also be best to call ahead to see once it RV's to check amount you can cash out at a time or make arrangements for larger amounts.
DinarBanker will have places to cashout at Toronto,Calgary and Vancouver airports,You can go online at dinarbanker.com for more info
Dinartrade will have a office in Vancouver once it RV's(dinartrade.com)The closest office for Southern Ontario is Toledo Ohio.
Any question please email me at iraqidinarforcanadians@gmail.com
cash1324

cashout

Wednesday, January 12, 2011

Update From Adam Montana(Dinar Vets)

Iraq has made some very very VERY exciting headway! They have 90% of what needs to be done…. done. They are very close to being able to revalue the dinar, BUT this is not something that will happen lightly!
Iraq always has and always moved slow. They likely have much planning to do before they can surprise and astound the world with a revalued currency. They would be irresponsible to do it without planning and planning again to cover all contingencies.
Iraq is moving forward, and so is our investment. 2011 looks like it will be a very good year indeed!

Adam has been in this investment since about 2003,He has a lot of legit contacts in middle east and one in the CBI

cash1324

cashout

What is a Dinar and Where is Iraq?How are we going to make money from it?

 Iraq is an Oil,Natural Gas and Mineral Rich Country in the Middle East.It has oil reserves that are about the 3rd largest in the World.It is a Developing Country of about 30 million people,7 million of Iraqis are dirt poor from years of  War and Dictatorship.
The Dinar is the currency of Iraq .It takes about 1170 dinar to equal 1 US dollar.It is expected that with their new Democractic Government which has been a work in Progress since March 7/2011 to Present Day Formed,Their 2011 Government Budget Passed and All The Chapter 7 Sanction Imposed by the UN lifted that their Dinar Currency will Revalue(RV) To around the Approximate value of the US Dollar.So if you bought 100,000 dinar,if it RV"S it would be equal to 100,000 US Dollars.Please make sure you know up FRONT that this is A Speculation Investment,(This might not happen).The only things in life for certain are Death and Taxes.Also I don't SELL DINAR OR PROMOTE Dinar For Anyone.So if you decide to buy Dinars only buy what you can afford to buy just like any other investment.Dinar is a Currency,It has value and you will always be able to cash it back in .You will probably lose a bit on exchange though.
 The Purpose of this Blogg is to help Canadians or Americans with information about Iraq.Why this RV will
happen?Where to buy Dinars?Where to Cash in ? Etec
If you have any Questions Please Email me at  iraqidinarforcanadians@gmail.com
cash1324

CASHOUT