Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by Offshore-Wealth.com

Interesting,

I have knowledge of several middle east countries banking, and they all seem consistant with normal banking, and that is, you cannot hold currency in accounts in anything other than the currency of such country. Simply put, U.S. accepts only dollars, Iraq only accepts dinars on deposit. So if you want to hold any currency in any bank, then use safe deposit box systems. You can hold as much currency as you want in this method with no concerns.


Good luck to all, Mike

Not so.

I have bank accounts with a Private Bank in London. I can have a Sterling, Dollar and Euro Savings Account should I choose to.

I think that after the Dinar is a fully traded currency I wouldn't be surprised if an arrangement can be made with HSBC Private Bank Account holders regarding Dinar. I plan to contact them after the dinar is a fully traded currency to see where they stand on this.

That would be .00741. One decimal point to the right. Quite possible indeed. We'll just have to wait and see.

...and following Piper's exchange rate being tracked, it would look like this.

US Dollar
USD
11/2/06 1470.000
11/2/06 1469.265
11/7/06 1470.000
11/7/06 1469.265
11/8/06 1468.000
11/8/06 1467.266
11/9/06 1466.000
11/9/06 1465.267
11/12/06 1465.000
11/12/06 1464.268
11/13/06 1465.000
11/13/06 1464.268
11/14/06 1465.000
11/14/06 1464.268
11/15/06 1460.000
11/15/06 1459.270
11/16/06 1455.000
11/16/06 1454.273
11/18/06 130.8729

Originally Posted by Texas_Tea

BREAKING NEWS I called the chase bank located at the corner of 79 and IH 35 and they are still selling and you do not need an account. The amount to buy 1 million iraq dinars is $7641.00 I told her to verify amount and she says this is what her computer is telling her. I asked how much is it if wanted to sell and she asked me how many did i want to sell and i told herthen she put me on hold and comes back and says she cannot reveal information unless I open account. To verify I spoke to a lady by the name of heather and phone number is 512-244-8550. I think we are real close guys!!!!!

Well, they either moved a decimal point or the girl quoted you for 10,000,000 instead of 1,000,000. I have my receipt from dinar that I picked up from Chase bank on Monday, and the rate was .00076410.

Texas Tea, your in Round Rock??? If so, I am right around the corner from ya. Drive past that Chase every day. And across the street slightly is the Compass bank I made my 1st Dinar purchase at.

Originally Posted by Texas_Tea

BREAKING NEWS I called the chase bank located at the corner of 79 and IH 35 and they are still selling and you do not need an account. The amount to buy 1 million iraq dinars is $7641.00 I told her to verify amount and she says this is what her computer is telling her. I asked how much is it if wanted to sell and she asked me how many did i want to sell and i told herthen she put me on hold and comes back and says she cannot reveal information unless I open account. To verify I spoke to a lady by the name of heather and phone number is 512-244-8550. I think we are real close guys!!!!!

This sure makes the auction in the am all that more interesting. You guys agree?

Originally Posted by Wm.Knowles

This sure makes the auction in the am all that more interesting. You guys agree?

YES, Mr. Knowles, I agree!!!

Caroline

Originally Posted by choochie

Well, they either moved a decimal point or the girl quoted you for 10,000,000 instead of 1,000,000. I have my receipt from dinar that I picked up from Chase bank on Monday, and the rate was .00076410.

I left the Phone number if you want to verify

A while back, my husband and I are watching a program on TV. Right after we have invaded Iraq. In a segment of the program that they were talking about Iraq, and how they have a bank account in the US, and placed in 5 billion dollars in it. Also in that same show they were talking about Citibank on how it is owned, and that the Saudies have 20% ownership in that bank and the Iraqis have placed they money there.

We have really never heard anything about this at all.

anyone else here anything about this, or have an opinion on this?

Originally Posted by Jetsa

Texas Tea, your in Round Rock??? If so, I am right around the corner from ya. Drive past that Chase every day. And across the street slightly is the Compass bank I made my 1st Dinar purchase at.

Yeah, i live off of sam bass. last week this same bank was saying i needed an account to buy. This week they are back to saying they will sell to anyone but my jaw almost hit the floor when she said the amount.

Originally Posted by Texas_Tea

BREAKING NEWS I called the chase bank located at the corner of 79 and IH 35 and they are still selling and you do not need an account. The amount to buy 1 million iraq dinars is $7641.00 I told her to verify amount and she says this is what her computer is telling her. I asked how much is it if wanted to sell and she asked me how many did i want to sell and i told herthen she put me on hold and comes back and says she cannot reveal information unless I open account. To verify I spoke to a lady by the name of heather and phone number is 512-244-8550. I think we are real close guys!!!!!

Unfortunatley, I think it was a mis-quote. But if it is true, you can still get a screaming deal at SafeDinar. It's still $800 a million.