TIDBITS: Dinar Daddy Info- Sell Dinars & Dinartrade
- Liquidate Now: This goes without saying. If you can’t stand the heat, then get out of the kitchen.
- Long-Term: Just plan on holding your physical notes for a long time, knowing you may have to wait out such a change in the currency, and speculate over time that the currency can’t remain that low forever. Most would bail in this scenario, as they would be very disappointed with such an outcome.
- Preparatory Positioning: You place your holdings of Dinar in electronic form in order to set yourself up to holding on to your savings in this currency for an extended period of time. This is an add-on effort to the Long-Term scenario above. Instead of concerning yourself with holding currency in the physical form and all the worries that could bring to you as an Dinar owner, you trade it with that of your faith in a bank of your choice in Iraq, hoping your savings will be held safe and readily accessible within the volatile country. Doing this eliminates concerns over cash-in timelines and three-zero banknote denominations elimination.
- Electronic Holdings: If you have a bank account within Iraq or that allows you to deposit Dinars into the account already set up when/if this happens, you’ll be able to quickly and efficiently move the remainder of your physical Dinar holdings into that account. It should only take anywhere from 24-72 hours to safely move all your physical banknotes into electronic form. If you’re concerned about any short-term scenario, you’ll want to ensure this is set up prior to any change.
- Pooling of Funds: This is a risky scenario, but if you were to be in a desperate situation and have no way of cashing in within the allotted timeframe, you could trust someone who already has an account set up with your physical notes to ensure cash-in or deposit of your notes. Yes, you could entrust your currency with them to handle it for you. I’d recommend you never do this without a notarized contract wherein BOTH signors agree to the end result of doing this, whatever that is. I’d consider this a desperate scenario and certainly a last resort between your notes becoming “toilet paper” or obtaining value.
- Fly to Iraq: Yes, this is one option I hope no one will need to resort to. Desperate times may require desperate actions and at the right value this could become a serious reality for some.
- Be One Of The First To Cash-In: If you are great at the game of “chicken”, you can wait and do nothing and hope you find a Dealer willing to cash-in your Dinars post “change”. This could be a real problem considering the millions of people who own Dinar.
- “Lower Denomination” notes are those that do NOT have more than two (2) zeroes in them.
- There ARE “Lower Denom” notes in circulation RIGHT NOW! The 500, 250, and 50 Dinar notes ARE considered “Lower Denoms”.
- The 1K, 5K, 10K, and 25K notes are NOT “Lower Denom” notes. Each of these banknotes has three (3) or more zeroes in them… 1,000 Dinar, 5,000 Dinar, 10,000 Dinar, and 25,000 Dinar.
- It is my understanding that the “Lower Denoms” will not have a cash-in time frame associated with them. This means that the 500, 250, and 50 Dinar banknotes that currently are in circulation will STILL be considered good even after the rumored/discussed distribution of new banknotes by the CBI. My understanding is that they will remain in circulation and used going forward along with the even smaller notes (i.e. 25, 10, 5, 1, 1/2 fil, and 1/4 fil)
- The new issue banknotes discussed in the articles by the CBI that have yet to be distributed to the public will ALL be considered “Lower Denoms”, and will therefore be accepted by Iraq and the Central Bank of Iraq as legal tender, regardless of the denomination. There will naturally NOT be any cash-in time frames tied to the newly released notes when that time comes.
- Funds held as Iraqi Dinar within a bank in Iraq do NOT care about the denomination because they show as electronic funds. As such, there is NO DENOMINATION tied to them. This is a definite strategic advantage for the holder of the account, as any change in monetary laws within Iraq would not impact whether they would be considered legal. Electronically held funds within an Iraqi Bank account will also NOT have a cash-in time frame tied to them because they are already in an Iraqi bank.
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* Dinar Daddy: Preparing for All Scenarios… New Possibilities… Positive Options
All,
I’ve chosen to put this post together to discuss real issues pertaining to the Iraqi Dinar, and to share what I personally feel could be possibilities resulting in our interest and holdings of the foreign currency of the country of Iraq. I’m also posting this to make you aware of some very exciting new things that are on the horizon.
I don’t claim in any way to be “in the know” and to be speaking from a place of experience or expert opinion, but I do have life experience that has taught me to be prepared for any and all situations, to play the “odds” as best I can, and to put myself in the best situation to handle most any circumstance, including those I hope don’t transpire in order to cover all my bases. It is my hope this post will ring true with many and that you’ll not look it as gospel truth or as even me being down on the Dinar when I discuss less than the optimal payout scenario, but as a guide to help you formulate your own thoughts and preparatory work for what may or may not happen.
First off, I want to make it very clear, and have no shame in admitting this, that I have no clue what is going on pertaining to the end result of the manipulations of the rate involving the Iraqi Dinar, or any other currency in the world for that matter. I’ve had the distinct advantage of owning the largest Dinar following website for several years now, and have met and spent endless hours on the phone with those who I perceived to be the brightest minds following the currency. Unfortunately, each and every one of them has let me down one time or another with information that later proved to be incorrect. This isn’t me putting them down publicly, but simply stating a fact that regardless of the well-meaning intentions of those who purport to know what is going on, they too only have a fraction of the truth when sharing their perspective or “intel”. As such, we are lead down the path of anticipation followed by letdown time and again.
Knowing the above, and as anyone knows who has followed Dinar Daddyfor any length of time, I am choosing to focus on those things I can control. This is my effort to convey my mindset on everything in hopes my words may help others. I have no other intent than this. It’s been a while since I’ve posted anything. That’s been intentional as I’ve simply not heard anything and have had nothing to report. As such, I’ve had nothing to say. I’ve heard nothing of significance that I felt I should share… until recently… and as such it’s important I help you condition your minds for any and all possibilities as to the outcome of the Dinar in the world of currencies, including those you may not wish to come about. I want you to know that by my saying this that I personally still believe I will get a positive return on my money placed in the Iraqi Dinar. I just have chosen to stay neutral as to what that could be, how long it could take, or what it will require from me to get to that point. With all the misinformation being spewed everywhere, I’ve become more cautious of what I so freely choose to believe. Instead I take it all in, expose myself to as much information as I can, and I sit waiting… preparing… ready. As I said above, this is my attempt to help each of you do the same.
Here are what I believe to be the possible outcomes (below), and those I’ve set myself up in preparation for, based on the information I’ve been exposed to over the past several years through phone calls, emails, and extensive web research.
Additionally, I’m very excited to let you know that I have come up with some innovative, new ideas that I feel will positively serve the interests of the Dinar following community. Though I won’t be revealing them in this post, you can expect me to announce them over the next several weeks as they are rolled out. This is NOT a teaser post, but one that will make you aware that there are some cool things coming down the pipe, and we don’t want to miss any possibility or solution in preparation for what will eventually come.
* Investigating Iraqs stolen money
The future of Iraq reveal that the Pentagon «stolen» Iraq’s money .. Billions of dollars utilized by the U.S. Army as a «loose» .. Highlight the investigation and hide files and data staff!!
* Dinar Daddy: Newsletter Announcement for this Week
All,
Happy Holidays!
I’m posting this to let you know I will NOT be publishing The Weekly Tidbit newsletter this week.
I want you all to know I wish all of you nothing but the very best in each of your lives. I pray we finally see a change in the exchange rate of the Iraqi Dinar this coming year that will be favorable to all of us, including Iraq and the overall world economy. No question, strange things are afoot throughout the world and we are very interested and attentive observers. Go Positive Changes… Go Dinar!
Dinar Daddy
* Dinar Daddy: The BIGGEST Concerns of the Dinar Holder
All,
Over the past several weeks, I’ve been addressing those things that I believe will help everyone holding Dinar prepare for ANY and ALL potential outcomes. This post is a follow up to my previous thoughts, and they address those issues I’ve concluded are the absolute biggest worries those holding Dinar are concerned with. I’ll address each, and will give my response as to what I feel one can do to combat each issue or concern.
WORRY #1: Devaluation
It’s my opinion this concern is very improbable. Why? Because the currency of the country of Iraq has ALREADY been devalued against that of other currencies of the world, including the US Dollar, and the market itself has already driven it back up 50% in value since its original devaluation.
With that said if you are that worried the currency will devalue, your best solution is to simply sell what you have now, take your % loss from what you originally purchased between what you can sell it to any participating bank, exchange counter, and/or Dinar Dealer, or sell the portion you hold you feel you can’t live without. You should probably have never purchased that much Dinar to begin with if you are missing that money in your life now that is currently tied up in the Iraqi Dinar.
Your other option is to be a “hold-out” on the Dinar. Simply take a very long-term approach to what you currently hold, forget about any rumor or short-term outlook, and move on with your life with little thought to the currency of Iraq, knowing one day you’ll hear something that will affect your next decisions relating to your interest in that country and its money. The term “shoe box” investment comes to mind when addressing this attitude. Put it in a shoe box and forget about it… maybe one day it will be worth something. This keeps many a follower sane.
WORRY #2: LOP/Redenomination
In this scenario, many are concerned that all current Dinar notes will “LOP” off the three zeroes from their currency and a 25,000 Dinar note will then become a 25 Dinar note with no change in value.
The only real combating strategy against this are three scenarios: liquidate now, long-term, and preparatory positioning of one’s holdings of the Dinar. Here’s what I mean with each:
WORRY #3: Short-Term Cash-in
There are many rumors out there claiming once the Dinar changes status or value (i.e. Revalues, Redenominates) there will be a very short window for holders to deposit their Dinar into an Iraqi Bank or cash in to ensure the value is retained or realized. The cash-in windows discussed have been as short at 10 days and as long as 18 months. Most claims seem to focus on either a 30 day or 90 day window. Neither is verifiable; however, there are some strategies that could help holders with this.
Here are my thoughts:
WORRY #4: Post-RV Taxes
I’m not even going to address this other than to say… DEAL WITH IT! 
It’ll be a GREAT problem to have if this actually happens. Pay your taxes to those who’ve made the opportunity possible for you AFTER you’ve consulted with those who are experts in this area, then move on with gratitude for the gain. That’s all I’ve got!
* Dinar Daddy: Publication No. 26 of “The Weekly Tidbit” RELEASED!!!
All,
Publication No. 26 of “The Weekly Tidbit“ has been sent out via EMAIL to all those who’ve signed up to receive my weekly newsletter. You can also find this same information/newsletter displayed online at www.TheWeeklyTidbit.com. Feel free to check it out there if you currently do not receive the Publication’s weekly email!
You’ll want to access this newsletter. Included within this publication is a FREE LEGAL DINAR GIFTING DOC everyone following the Dinar will want to utilize as part of their preparation efforts, family benefits, and tax strategy. This valuable dinar document is yours for FREE, and is provided by Paul Lydolph, Esq, and his employer, Treasury Vault.
Beyond this there is some fantastic information about the silver market, real estate acquisition programs, and more.
If you wish to sign-up to receive my newsletter directly to your EMAIL INBOX, CLICK HERE and fill out the provided online sign-up form.
Go Tidbits… Go Dinar!
Dinar Daddy
* Dinar Daddy: My Take on the Dinar
All,
Through subtle sources I’ve received feedback that some feel I am “down” on the Iraqi Dinar opportunity. This post is meant to help everyone understand my take on things, and to ensure everyone… NOTHING COULD BE FURTHER FROM THE TRUTH!!!
First off, I want everyone to know I ABSOLUTELY believe in this as a fantastic currency play, and I believe the Dinar will one day increase in value, giving me a fantastic return on my money. I do not care whether that comes in the form of an instant flip-of-the-switch or the steady growth against the dollar. Either way, I believe my personal holdings of the Dinar will gain in value. I have little doubt, regardless of the time it will take (short or long), that I will increase my overall net worth by the simple increase in value of the official exchange rate of the currency of Iraq. I wouldn’t be doing what I do if I didn’t believe in this as a once-in-a-lifetime opportunity.
Secondly, each of us has the opportunity to improve our situation in life by simply “getting after it”! Each of us has it within us to follow through with the inspiration we individually and innately receive. As such, I’ve chosen to focus on those things that don’t always give readers the impression that I’m positive about the Dinar versus sharing daily the “sky is falling” and that the “RV is coming”. Such posts only create hype with no substance. I’m a straight-up kind of guy, and I don’t mince words or waste my time with things that don’t matter. I’m about “controlling the controllables”. It’s my hope my efforts are understood by most, and that my actions are replicated by others in a way that fits each interested party’s situation and ability.
What do I mean by this? Well, despite hearing positive information and exciting things now and then about the Dinar from those who are connected, I choose (at times) to NOT share that information openly if I feel there’s nothing backing such fortuitous news. We have PLENTY of posters throughout the world wide web that spew their information quickly and without thought of how it will be received, or how it will impact others, or without any substantiating evidence or backing to their story. My “Doozies” and “Rumors” sections are a testament of that. I have chosen to NOT cheapen myself or this currency play by sharing unchecked rumors. I’ve done this at times in the past, and have learned to maintain a healthy sense of hopefulness while still not counting on it as is shared. I don’t discount those who share their information with me. In fact, I’m grateful to them. But, I figure there is still a larger perspective out there that is even beyond their reach. I believe their intentions are true (most of the time), but reality isn’t always a match. As such, unless it comes from certain sources, I choose NOT to share everything I receive. I believe a healthy sense of responsibility and self-governing is necessary for me and my position within the Dinar community and I don’t take that lightly, despite me and my site (Dinar Daddy’s Tidbits) being the “HUB of All Things Dinar”. So far, this choice of mine has proven to be a good decision. It has saved me from even greater ridicule, and certainly many headaches that naturally flow my direction being in the position I’m in.
Furthermore, I made a conscious decision a while back that I’d start personally focusing on those things I could make happen right now that I have control over. Focusing on cash-in possibilities was my very first BIG TIME effort on www.TheIraqiDinar.com. My audio interviews with Ali of Dinar Trade went viral throughout the online Dinar following community. The follow-up typed-up transcripts of those interviews were equally critical.
I then tackled the subject of Wealth Management. Asset Protection, Estate Planning, and Tax Planning were what I brought to the table through my association with my own law firm. Being prepared for the fateful day of post-RV cash-in has always been important to me. It’s been a process, but I’m just about there. It’s my desire to continue to help others get through that same process that I’ve gone through.
I continued with my preparedness efforts for others by establishing my…
* Dinar Daddy: Publication No. 25 of “The Weekly Tidbit” RELEASED!!!
All,
Publication No. 24 of “The Weekly Tidbit“ has been sent out via EMAIL to all those who’ve signed up to receive my weekly newsletter. You can also find this same information/newsletter displayed online at www.TheWeeklyTidbit.com. Feel free to check it out there if you currently do not receive the Publication’s weekly email!
If you haven’t before, you’ll want to access this newsletter. Included within this publication are FREE LEGAL DOCS everyone following the Dinar will want to utilize as part of their preparation efforts and protection strategy. These valuable documents are yours for FREE, and are provided by Paul Lydolph, Esq, and his employer, Treasury Vault.
Beyond this however, I’ve too have written an article I feel will help many understand how to more completely prepare their holdings of Dinar for whatever circumstances come their way. Also, there’s some great information contributed by others on silver as an investment, real estate options, and trusts. It really is packed full of valuable information for ANYONE who wishes to take their following and holdings of the Dinar seriously, not to mention other foreign currency interests.
If you wish to sign-up to receive my newsletter directly to your EMAIL INBOX, CLICK HERE and fill out the provided online sign-up form.
Go Tidbits… Go Dinar!
Dinar Daddy
* Dinar Daddy: “Lower Denoms” Defined
All,
Some seem to be confused as to exactly WHAT is considered a “Lower Denom”, “LD”, or “Lower Denomination” banknote. I’m posting this to give a little clarity.
Here’s MY definition of the above as I understand it:
At present, I’m not ready to share exactly what I am doing to set up my Iraqi Bank account. I know many of you are frustrated with the lack of information about that subject, and others are concerned over the customer service offered by Warka Bank, and as such you are nervous about sending your Dinars OR Dollars to them to be held electronically. I hope to have more information to share within the next two to three weeks. If you’re wanting to expose yourself to more information you can study on your own right away, I recommend you look up The ISX Report at www.ISXReport.com.
Until then, if you haven’t already, you may wish to gain exposure within your Dinar holdings in “Lower Denoms”. That’s a personal decision each of you must make for yourselves. There are a few options of where you can go to obtain “Lower Denoms”. I personally acquired all my lower denomination banknote Iraqi Dinars through Treasury Vault (www.TreasuryVault.com) and www.LowerDenoms.com.
The ONLY company I know of that has a program wherein they’ll allow you to cash in some of your “Higher Denoms” (3 zeroes and more and uncirculated/new) that you currently hold within your inventory of physically held Dinars for “Lower Denoms” (2 zeroes or less) is Treasury Vault (www.TreasuryVault.com). You’ll have to contact them for the specifics of their Dinar trade-in, straight buy-back, and secured buy-back programs that are designed to fit your personal sell-back or trade-in needs.
Go Understanding… Go Options… Go Dinar!
Dinar Daddy
* Dinar Daddy: Newsletter Release This Week… Delayed
All,
I’m posting this to announce that this week I will be releasing Publication No. 25 of “The Weekly Tidbit“ on Wednesday instead of the traditional Tuesday release. The reason for this is due to my releasing Publication No. 24 on Friday morning. Many of you haven’t even read that information packed newsletter due to it being announced on Friday. As such, I’m delaying my next release for a day to give all readers an opportunity to read what is within it.
You can find this past week’s newsletter displayed online at www.TheWeeklyTidbit.com. Feel free to check it out there if you currently do not receive my newsletter’s weekly email!
If you haven’t read it yet, you’ll definitely want to access THIS PAST WEEK’s newsletter. Included within this publication are FREE LEGAL DOCS everyone following the Dinar will want to utilize as part of their preparation efforts and protection strategy. These valuable documents are yours for FREE, and are provided by Paul Lydolph, Esq, and his employer, Treasury Vault.
Beyond this however, I’ve too have written an article I feel will help many understand how to more completely prepare their holdings of Dinar for whatever circumstances come their way. Also, there’s some great information contributed by others on silver as an investment, real estate options, and trusts. It really is packed full of valuable information for ANYONE who wishes to take their following and holdings of the Dinar seriously, not to mention other foreign currency interests.
If you wish to sign-up to receive my newsletter directly to your EMAIL INBOX, CLICK HERE and fill out the provided online sign-up form.
Go Tidbits… Go Dinar!
Dinar Daddy
* Dinar Daddy: “The Weekly Tidbit” Pub. No. 24 RELEASED!!!
All,
Publication No. 24 of “The Weekly Tidbit“ has been sent out via EMAIL to all those who’ve signed up to receive my weekly newsletter. You can also find this same information/newsletter displayed online at www.TheWeeklyTidbit.com. Feel free to check it out there if you currently do not receive the Publication’s weekly email!
If you haven’t before, you’ll want to access this newsletter. Included within this publication are FREE LEGAL DOCS everyone following the Dinar will want to utilize as part of their preparation efforts and protection strategy. These valuable documents are yours for FREE, and are provided by Paul Lydolph, Esq, and his employer, Treasury Vault.
Beyond this however, I’ve too have written an article I feel will help many understand how to more completely prepare their holdings of Dinar for whatever circumstances come their way. Also, there’s some great information contributed by others on silver as an investment, real estate options, and trusts. It really is packed full of valuable information for ANYONE who wishes to take their following and holdings of the Dinar seriously, not to mention other foreign currency interests.
If you wish to sign-up to receive my newsletter directly to your EMAIL INBOX, CLICK HERE and fill out the provided online sign-up form.
Go Tidbits… Go Dinar!
Dinar Daddy
* Dinar Daddy: The Weekly Tidbit… To Be Sent Out Thurs
All,
Just a heads up that I will be sending out The Weekly Tidbit(this week’s publication) on Thursday. I normally send out my weekly newsletter ever Tuesday morning, but due to it being my WEDDING ANNIVERSARY with my wife yesterday (Tuesday), I felt it appropriate to bump it a couple of days back this week.
No stresses though. It will be as good as ever, and I’m confident you’ll enjoy what is being shared this week. If you are new, and wish to sign up to receive The Weekly Tidbit via email, feel free to CLICK HERE and register. Go Anniversaries… Go Dinar!
Dinar Daddy
* Dinar Daddy: Site Issues Being Worked On… Thank You for Your Patience
All,
Just a heads up… the site, if you haven’t noticed it already is struggling. We have not changed the format or layout. The proxy server disc we use to hold the load of the site once again has filled up and a few things need to be rebuilt yet again. We’re working on it, and it should be running smoothly within the next 24 hours or so. Until then, please be patient with it. We’re doing the best we can. Ya gotta love technology!
Go Tidbits… Go Dinar!
Dinar Daddy
* Dinar Daddy: Happy Thanksgiving!
All,
HAPPY THANKSGIVING!!!
I pray our Lord’s richest blessings be upon you and your loved ones this day and holiday season regardless of your faith, creed, belief, or affiliation. I hope it is an absolutely wonderful day for each of you.
Thank you for your trust, support, and kindness.
Go Dinar!
Dinar Daddy
* ANNOUNCEMENT: SMS “Text Message” TEST Today!!!
All,
It has been over a year since I’ve sent out a TEST MESSAGE through my “RV Announcement“ SMS Text Message Service to all those who are signed up to receive the “RV Announcement“ SMS Text Message Service. Those who are signed up to receive my notice in either a daily or weekly basis have ample opportunity to receive notification from me, and to verify their service is set up properly. This is NOT the case for those who have signed up to receive the “RV Announcement“text service.
As such, in order to bring peace of mind to all of you who have signed up for this service, and to ensure things are working properly for “RV Announcement“ subscribers, I’m choosing to send out a TEST message today. Please note… it is ONLY A TEST!!! Also, please note… it is ONLY A CELL PHONE TEXT MESSAGE sent to those who’ve signed up and paid for the one-time text message. It is NOT AN EMAIL message.
What time with I be sending this “TEST” TEXT MESSAGE out? I will be sending it out TODAY at…
Go Preparation… Go Being-at-the-Ready… Go Peace-of-Mind… Go Dinar!
Dinar Daddy
* Dinar Daddy: “The Weekly Tidbit” Pub. No. 23 RELEASED!!!
All,
Publication No. 23 of “The Weekly Tidbit“ has been sent out via EMAIL to all those who’ve signed up to receive my weekly newsletter. You can also find this same information/newsletter displayed online at www.TheWeeklyTidbit.com. Feel free to check it out online if you currently don’t receive the Publication’s weekly email!
If you wish to sign-up to receive my newsletter directly to your EMAIL INBOX, simply CLICK HERE and fill out the provided online sign-up form.
Go Tidbits… Go Dinar!
Dinar Daddy
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