Forèx report as of 10/7 7:05 EST
This morning opened with a spread of 1138/1185 (I'm rounding) The high was 1138; the low was 1129; the open was also 1129.
The spread continues to grow. These are small numbers but it's the trend I am interested in..
The high and low are now consistently above (remember lower number means higher value) the traditional CBI rate of 1164/1166.
The open is also a little bit higher each day. This reflects the strength of the dinar against the dollar. Bottom line, it gets better each day.
Remember, in these comparisons our goal is for 1166 to become 0.358. (3.58 USD). Also remember, the RV will happen first, then Forèx will follow. Bottom line, it's getting better each day. (please, no 5th grade wise cracks).
For those of you who know Forèx, all comments, for and against, are welcome. I'm not here as an expert, I'm here as an informed beginner.
IT IS HERE...it will be here before the next weekend,,,, i pray tonight... action into the bank monday.... just know .....everything is done and ready ....we will win and we have won...GOD BLESS USA AND THE WORLD
My bank stories... (yesterday)
I went to my bank in Texas (one of the 5 "participating" banks) about 2 or 3 months ago, to make a deposit, and the bank manager approached me and asked if there was anything he could help me with.
I asked him if they handled currency exchange and he asked which currency I was inquiring about.
I mentioned Dong and Dinar, and he replied, "we do currency transactions but not Dinar and have no plans for that."
Then he started into the same thing we've all heard, "that's a scam and you might want to reconsider your investments," etc.
I went in yesterday and again he approached me to see if he could help with anything.
I told him, "I'm just making a deposit, but while you're here, I'm curious if this branch is the one I need to go to for a currency exchange or do I need to go to the main bank downtown?"
He smiled and said, "we like to think this is the main branch for currency exchange.
Which currency are you exchanging?"
I said Dong...
then he finished my sentence, "and Dinar?" and I said, Yes.
I thought his eyes were going to pop out of his head!
He asked how much I had.
I said I had quite a bit.
Now he's got a 'can't slap the smile off his face' grin.
He said, "we aren't handling Dinar right now but we will be.
I just got an email last week that we will be handling it."
I told him I already knew that and asked him if he's been through the training yet.
He asked in shock, "how did you know about that?"
Then I asked him if he had a delarue machine.
He asked, "how do you know about all this, I've never had anyone ask these questions."
I told him I have friends in high places. (NO TONY, I DIDN'T MENTION YOUR NAME) Then he said, "well, we aren't doing it yet but I expect it to be anytime, I was told it will happen VERY SOON!"
NEXT BANK STORY:
A couple months ago I went to another bank that I am not a customer with, also one of the 5 banks, and asked to speak to the branch manager.
I asked her if they did currency exchange and she said, "lets go to my office."
She then asked which currency I was interested in and I told her, Dinar and Dong.
She also asked how much I had, I told her, quite a bit.
She also got a big grin and big eyes then said, "you're going to be a very rich man!"
She then said "I can't talk about it right now," and I said I knew she was not allowed to. She asked how I knew that and I told her... "I have friends in high places."
She said, "well, as you know, I'm bound not to discuss it right now but I hope you will come see us when it happens, and if you know anyone else with Dong and Dinar please have them come see me as well."
Then she handed me several business cards and thanked me for stopping in and hopes to see me soon.
[daz] PLAN ON 50% TAXES ON ALL EXCHANGES…PLAN WORSE CASE AND THEN WE MAY BE PLEASANTLY SURPRISED...BETTER THAN THE ALTERNATIVE
YOU GUYS SHOULD NOT TAKE TAXATION PERSONALLY. THE TAX SYSTEM HAS BEEN AN IMPOSED EVOLUTION FOR 100 YEARS...BEFORE YOUR PARENTS WERE EVER DREAMED OF....JUST IS WHAT IT IS.
WHAT MAKES IT SEEM SO UNJUST AND IMPOSING IS THAT THE MAJORITY OF US HAVE NEVER HAD THE AMOUNT OF MONEY WE ANTICIPATE AND NOW THE IMPACT OF THAT TAXATION IS BECOMING MORE APPARENT. BUT ITS ALWAYS BEEN THERE
ITS AN INVESTMENT...YOU CANT MICROMANAGE AN INVESTMENT PLAN OR STRATEGY BASED ON DOLLAR APPLICATION TILL THE END OF THE PAYOUT...
THEN YOU LOOK AT THE NET RETURN AND CONSIDER ALL THOSE INVESTED DOLLARS AS DOLLAR COST AVERAGING
MY STRATEGY HAS ALWAYS BEEN TO DEVISE MY PLAN BASED ON THE MINIMAL RATE FORECAST AND MAXIMUM TAX OBLIGATION...AND FEATHER MY NEST ACCORDINGLY.
THE REST OVER AND ABOVE BOTH THOSE PARAMETERS IS A BIG BOWL OF GRAVY