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

Originally Posted by crave681

what did you wanna know? Heres some advice... do some DD! This is not a baby carriage investment where you are teat-fed info... its a runaway rocket train and if youre lucky, you MIGHT still be able to jump aboard without getting splatted. good luck.

Just for reference, DD = Due Diligence.....

I think.

Hey we all learn somewhere.

OSOK

Any word from Stephanie @ IIF?

Well a little research into the matter shows that her last post at the bad forum was at 11-11-2006, 07:51 PM.

Originally Posted by goldraker

Any word from Stephanie @ IIF?

Originally Posted by goldraker

Any word from Stephanie @ IIF?

If you have a email are way to contact her. Give her a invite to visit and post. I am sure she has visited before. Rolclub will give a welcome for her.

Originally Posted by noced71

I just spoke with BofA here in Suntree, Florida. Spoke with Elyse (I think that's her name)

Me: Wanted to know if I can purchase foreign currency.

Her: Sure, if you don't have an account there is a $10 fee.

Me: Ok, that's fine.

Her: What country?

Me: Iraqi currency.

(She says hold on...I can hear her flipping pages....)

Her: I don't see it on my list.

Me: Well, word is that it would've started today.

Her: Oh let me check my computer.

Her: Well it's not in my system, but if it started today, you should check in about 48 hours, then my system should be updated.


That's my due diligence for the forum...let's get some folks checking out there.

I stopped into BOA in Beverly Hills (main foreign currency exchange bank) on my way home from work to see if they were selling Dinar. This is about the same way it went down with me and the foreign currency head. It was 4:00 (when they close) but he showed me his computer with all the currencies and no Iraq.

I told him Chase bank had been selling it for several months and that it was coming from BOA. He just looked at me blankly like "what can I say". I told him other BoA's were selling it why not them? He said they did not have any Dinar in their vault. I said BUT can you order it? That was when he showed me the computer and that it was not listed. He DID give me the name of the local foreign currency trader and told me to call them tomorrow and they may have some answers for me. I said "thank you" and came home to let you all know the update. That's my little DD from the west coast. I will call the number tomorrow and see what they say. Hummmm......why some and not others???

Originally Posted by cigarman

I think I shiite my britches.

make sure you use the toilet paper and not them there dinars..

A source at the Public Iron and Steel Company in Basra said that works would be launched to rehabilitate the firm’s iron and steel smelters by early next year, upon the Finance Ministry's allotting of $150m for that purpose, said Aswat Al Iraq.

Noozz.com | IRAQ

Originally Posted by Par77

Hummmm......why some and not others???

Remember, it was the same when Chase Came about as well. Started out the same way, then there was the select few, then more and more as our members pressured them. NOW.....they all do now.

I guess they are still hunting the leak first.

Originally Posted by neno

Remember, it was the same when Chase Came about as well. Started out the same way, then there was the select few, then more and more as our members pressured them. NOW.....they all do now.

I guess they are still hunting the leak first.

Sorry Neno, I don;t have a BoA here or you know I would go find out

Great action today - very exciting stuff. The 'stockpiling' of dollars at CBi auctions as well as the two statements out of Iraq by CBI officials today are extremely encouraging. However, the BofA thing is not conclusive. BofA could have simply changed their minds about their policy- and we don't have any real evidence that not selling until it was an internationally tradeable currency WAS the policy. It's good news that more banks are onboard - but I don't believe it points to a rv necessarily. I have a question for wm knowles if he is around - Why do you think at the CBI auction on Sunday that the amount of dollars purchased was so low? I know the trend is substatially up in the last 6-7 days - but how does Sunday's auction fit into the theory? Your comments and expertise are appreciated.