This week looks like it could be exciting
First of all we have the Iraqi Parliament back to work after another 10 day Recess
We have the Iraqi Prime Minister Maliki In US having a chat with US President Obama on the 12th Discussing Investments in Iraq.
On The !5th we have The UN Discussing the Iraqi/Kuwait Border issues which is Part of Chapter 7 Sanctions
We have US Army Progressing with their Departure from Iraq.
We have been hearing about a lot of Oil Contracts happening Exon/ Mobile,Shell(HCL)
Things are happening,I hope this Roller Coaster Will Be Over Real.Soon.
Just Remember there is no 100% Guaranttee an RV will ever happen.Only invest what you can afford to lose.
Bank employees,Forex employees,etec either don't know or won't tell you (because of Insider Trading Laws) Rate or Date.
This Week through till Jan /2012 In My Opinion Is Looking Good
Iraq has the 3rd largest Reserves of Oil in the world plus Natural Gas and other minerals.They are going a Very Rich Country and a leader in the Middle east.Just remember this is the Middle East.
I will post on here when the RV happens
Cash out
Sunday, December 11, 2011
Thursday, December 1, 2011
Whats Happening?Will it RV before 2012?Regarding the Iraqi Dinar for Canadians
According to The updates this morning VP Joe Biden met with Iraq PM Maliki and Iraq is now a full sovereign nation.Lets hope they get a Tradeable Currency soon.Maliki will be visiting Obama in Washington later this month.
The US Troops will be out before the end of Dec/11
Still no HCL passed in Parliament but could happen today,They vote on Draft Laws every Thursday in Iraq.
Stay tuned lets see what happens
I had this mailed to me ,I've heard this info from an accountant also,but not verified
Most accountants have little to no experience with currency traders, so you will need this Information which I recieved from Revenue Canada, and not a web site or another persons Interpetation. This is REVENUE CANADA talking, a real person.
Under Canadian tax laws we are subject to taxes under Regulation P4037, Section 17, paragraph 12-15. This directly relates to currency traders and tax Implications.
In basic English, its as follows: (Example only) You take your 1 million from selling your Dinars, divide by two. No tax on first $500,000 or 50%. From the second $500,000 Minus your Investment money, say $1000.00. then minus $200.00. The remainder you pay tax on based on your yearly tax rate.
I will try and confirm this
Cash out
The US Troops will be out before the end of Dec/11
Still no HCL passed in Parliament but could happen today,They vote on Draft Laws every Thursday in Iraq.
Stay tuned lets see what happens
I had this mailed to me ,I've heard this info from an accountant also,but not verified
Most accountants have little to no experience with currency traders, so you will need this Information which I recieved from Revenue Canada, and not a web site or another persons Interpetation. This is REVENUE CANADA talking, a real person.
Under Canadian tax laws we are subject to taxes under Regulation P4037, Section 17, paragraph 12-15. This directly relates to currency traders and tax Implications.
In basic English, its as follows: (Example only) You take your 1 million from selling your Dinars, divide by two. No tax on first $500,000 or 50%. From the second $500,000 Minus your Investment money, say $1000.00. then minus $200.00. The remainder you pay tax on based on your yearly tax rate.
I will try and confirm this
Cash out
Wednesday, November 16, 2011
Iraqi Dinar For Canadians Still looking Positive For RV after Nov 20 2011
The Iraqi Parliament gets back to work officially starting Nov 20/11.I guess there has been some work going on since the 10th.It is believed that they will passing the HCL and Eribil agreement shortly afterwards.Chapter 7 final restrictions should be released also.The US forces are busy moving out and should be all out by end of Dec.
Inflation is at 7.6 % getting close to double digits so i think there is an urgencey to get this done.
Remember this is Iraq and delays can happen.I'm just giving you an outlook as of right now.
I haven't heard a lot of response regarding cashing out at Scotia.If i don't hear anything soon i will assume you will be doing your own thing regarding cash out.
The next 2 to 3 weeks are looking very positive for this .Lets hope Iraq gets it done.I will update as I hear more information
Cash1324
Any Questions
iraqidinarforcanadians@gmail.com
.
Inflation is at 7.6 % getting close to double digits so i think there is an urgencey to get this done.
Remember this is Iraq and delays can happen.I'm just giving you an outlook as of right now.
I haven't heard a lot of response regarding cashing out at Scotia.If i don't hear anything soon i will assume you will be doing your own thing regarding cash out.
The next 2 to 3 weeks are looking very positive for this .Lets hope Iraq gets it done.I will update as I hear more information
Cash1324
Any Questions
iraqidinarforcanadians@gmail.com
.
Friday, November 11, 2011
Where Are We At Regarding The Iraqi Dinar?
Its been awhile since i posted on here.I've heard a lot of information and misinformation as always.Everything at this time still seems quite positive.I'm getting predictions of an RV anywhere between now and early Dec.
Right now we have the parliament from what i heard back to work(not verified yet).They still haven't announced the 2 defense ministers but they are suppose to be in England on Dec 6 and 7th regarding a security trade show.
HCL Erbill agreement ,chapter 7 not officially announced as passed yet
We have the US troops leaving and a higher inflation rate 7.3 % ,haven't heard Oct rate yet,This is good news for our investment especially if inflation comes out higher.
Lets really hope they get this done soon
Once this RV's I'll be talking with Scotia Bank regarding getting the best spread possible .I will post the spread on here.You will then take a code to your own Scotia Bank to get the best spread possible,(spread is difference between rate of exchange and what the bank will pay you for your Dinar
Example rvs at 1.00 dollar,bank pays you .97 cents spread 3 cents(this is a sample only)
Please remember volume counts .The more people we can get to cash out at Scotia the better the spread we can get.
Contact me if you want to do this,i need a number to take to the bank ,use a username to contact me if you don't want to use your real name,but send me an email with any questions and if your in
email
Right now we have the parliament from what i heard back to work(not verified yet).They still haven't announced the 2 defense ministers but they are suppose to be in England on Dec 6 and 7th regarding a security trade show.
HCL Erbill agreement ,chapter 7 not officially announced as passed yet
We have the US troops leaving and a higher inflation rate 7.3 % ,haven't heard Oct rate yet,This is good news for our investment especially if inflation comes out higher.
Lets really hope they get this done soon
Once this RV's I'll be talking with Scotia Bank regarding getting the best spread possible .I will post the spread on here.You will then take a code to your own Scotia Bank to get the best spread possible,(spread is difference between rate of exchange and what the bank will pay you for your Dinar
Example rvs at 1.00 dollar,bank pays you .97 cents spread 3 cents(this is a sample only)
Please remember volume counts .The more people we can get to cash out at Scotia the better the spread we can get.
Contact me if you want to do this,i need a number to take to the bank ,use a username to contact me if you don't want to use your real name,but send me an email with any questions and if your in
Tuesday, September 13, 2011
Where Are We Regarding The Iraqi Dinar Revalue?
Still no Positive Proof of the following
1 The GOI being completely formed,Still need 2 security Ministers
2 The Hydro Carbon Law being HCL being confirmed(passed),Chapter 7 fully lifted
How long we will have to wait ?Who knows!Iraq is on there own timetable.It still looks like it could happen at any time or it could be a ways off.
I have never seen so much positive information in favour of a RV happening right away but to date it hasn't happened yet.The best thing everyone could do is go on about your Business.A kettle takes longer to boil when it is being watched.
Regarding Cash out when it RVs
I have new info That As of right now Dinar Banker and Dinar Trade will not have places to cash out in Canada.Possible places to cash out in Canada once this RVs is
Banks,Credit unions,Currency Exchanges.Travelling to the states to cash out,(Not recommended by me ,could get nailed for extra taxes )
I'm going to be using The Scotia Bank once it RVs to cash out.I will continue talking with them once it RVs.The bigger the group we have the better the Spread( Rate) will be for us.Let me know if your interested and open an account at Scotia,its free.
Any Questions please email me
Cash1324
1 The GOI being completely formed,Still need 2 security Ministers
2 The Hydro Carbon Law being HCL being confirmed(passed),Chapter 7 fully lifted
How long we will have to wait ?Who knows!Iraq is on there own timetable.It still looks like it could happen at any time or it could be a ways off.
I have never seen so much positive information in favour of a RV happening right away but to date it hasn't happened yet.The best thing everyone could do is go on about your Business.A kettle takes longer to boil when it is being watched.
Regarding Cash out when it RVs
I have new info That As of right now Dinar Banker and Dinar Trade will not have places to cash out in Canada.Possible places to cash out in Canada once this RVs is
Banks,Credit unions,Currency Exchanges.Travelling to the states to cash out,(Not recommended by me ,could get nailed for extra taxes )
I'm going to be using The Scotia Bank once it RVs to cash out.I will continue talking with them once it RVs.The bigger the group we have the better the Spread( Rate) will be for us.Let me know if your interested and open an account at Scotia,its free.
Any Questions please email me
Cash1324
Wednesday, August 31, 2011
Will The Iraqi Dinar Revalue next week?Still looking Good
Recent reports tells us that Parliament should finally be back to work by September 6th/11.Yes their holidays are coming to an end for a while.Parliament just has to finish off the HCL ,followed by chapter 7,vote in the 2 ministers for security positions and pull the trigger on the RV.Can they do this ,I hope so.Inflation has risen to 7 % and i'm hearing Shabibi wants this done.Right now next week is looking good
CashOut
CashOut
Thursday, August 25, 2011
Still No Iraqi Dinar REVALUE YET,Still Close Though
It is in my opinion that we could see something happen with the Iraqi Dinar Revalue after their Ramadan Celebration is over which is Monday August 29/11.
From what i'm hearing Iraq has been busy all month preparing for this.
From what i'm hearing we can no longer buy Dinar in Canada.Contential Currency Exchange has shut down the selling of Dinars.I also heard there is tighter restrictions on buying Dinars in The States too.
You still may be able to buy through Ebay,but be carefull going that route
Like I said I think we are close and i will be updating more frequent as good info comes in.I will also be posting when the RV happens and giving further information on cashing in(Canada) soon after.
Please be patient in case this is delayed again but it's looking close.Any question please email me
CASHOUT
From what i'm hearing Iraq has been busy all month preparing for this.
From what i'm hearing we can no longer buy Dinar in Canada.Contential Currency Exchange has shut down the selling of Dinars.I also heard there is tighter restrictions on buying Dinars in The States too.
You still may be able to buy through Ebay,but be carefull going that route
Like I said I think we are close and i will be updating more frequent as good info comes in.I will also be posting when the RV happens and giving further information on cashing in(Canada) soon after.
Please be patient in case this is delayed again but it's looking close.Any question please email me
CASHOUT
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