Exit Strategy Question

Too bad the IIF isn't up as there is plenty on that topic in the old threads.

Course you are lucky GSG that IIF is down or you'd be getting the infamous "use the search function newb" responses....

That does bring up an interesting question though for JP.

JP is there any way to bring old threads from the IIF over here?

GSG wrote:I don't think I should have to pay any taxes if and when the Dinar train comes in. I don't think anyone else who took this risk ought to have to pay any either. Is there any to avoid the taxes.


Think outside the box on this. What if I were to cash in my Dinars for Euros instead of Dollars? Is there anyway to avoid paying taxes this way?

What about small notes, specifically any single note worth under $10,000? Is there anyway to avoid taxes with these?

Thanks,
GSG

I am with you on this one and everyone who knows me from the "old site" knows "i just love to pay taxes", but as time creeps on all the governments are doing their utmost to stop all the, lets say cash fiddles.

Should you cash Dinar for Euro this means bank account, or cashing some every day and keeping it in cash, they all tell each other about overseas bank accounts now, changing up cash every day is a hard thing in it self, you mention $10.000, is this your amount before you are snitched on?, because ours at one time was about £9.000ish now thats down to, i think £6.000ish, so how long before its allmost zero amounts i wonder.

Over here i have had a little trouble cashing cash sterling into cash Euro, they want name, rank and number, and its recorded on computer, might yours go the same way if not allready.

My country is allready drawing up plans so that if any one in business buys any goods with cash, these goods cannot be used in the business, no paper trail you see, slightly different i know but you can see where its leading to.

One thing all countries are suffering from is the lack of tax, which is brought about by cash deals, so it seems to me in the background they are falling onto cash the hardest.

We perhaps could bung it into a Swiss account, much is said about these (i believe very little of it) but then again if we ever got a tax check they only have to ask "Where did you get the money in the first place?" and then "So you went Swiss to avoid paying tax, did you?".

In one sense i hope i get to have this problem.

But i am with you on paying no tax.....well maybe a penny or now and again.

The best thing to do is to lobby for a complete tax overhaul. The present system stinks.

Baz wrote:

GSG wrote:I don't think I should have to pay any taxes if and when the Dinar train comes in. I don't think anyone else who took this risk ought to have to pay any either. Is there any to avoid the taxes.


Think outside the box on this. What if I were to cash in my Dinars for Euros instead of Dollars? Is there anyway to avoid paying taxes this way?

What about small notes, specifically any single note worth under $10,000? Is there anyway to avoid taxes with these?

Thanks,
GSG

We perhaps could bung it into a Swiss account, much is said about these (i believe very little of it) but then again if we ever got a tax check they only have to ask "Where did you get the money in the first place?" and then "So you went Swiss to avoid paying tax, did you?".

http://usgovinfo.about.com/b/2008/07/06/irs-to-go-after-us-held-swiss-bank-account-records.htm

IRS to Go After US-held Swiss Bank Account Records

No worries folks these idiots will never RV, I hold alot of dinars and have for 4-5 years now, thinking of selling off half and playing the stock market. The ISX will never be as big as some here want you to believe. Just venting

see me feel me wrote:No worries folks these idiots will never RV, I hold alot of dinars and have for 4-5 years now, thinking of selling off half and playing the stock market. The ISX will never be as big as some here want you to believe. Just venting

Yes a good idea.....half in the stock market....which if yours is like ours, the bottom has fallen out.....south here we come, fast.

Maybe try the property market.... which if yours is like ours, thats stopped all-together and going south fast.....as well

Keep it in cash.....which if yours is like ours, that wont buy much either.

All i know is....
I have lost a packet on our stock market.
My house is nearly worth half of yesterdays price.
I have to work 3 weeks to buy enough petrol to get me to work for 3 days.
And the cash in my pocket wont go as far as it did 3/4 months ago.

Think i will stick with a "Maybe" on theirs......as to a "for sure" on mine.

Just my weird way of looking at life.

Baz wrote:

see me feel me wrote:No worries folks these idiots will never RV, I hold alot of dinars and have for 4-5 years now, thinking of selling off half and playing the stock market. The ISX will never be as big as some here want you to believe. Just venting

Yes a good idea.....half in the stock market....which if yours is like ours, the bottom has fallen out.....south here we come, fast.

Maybe try the property market.... which if yours is like ours, thats stopped all-together and going south fast.....as well

Keep it in cash.....which if yours is like ours, that wont buy much either.

All i know is....
I have lost a packet on our stock market.
My house is nearly worth half of yesterdays price.
I have to work 3 weeks to buy enough petrol to get me to work for 3 days.
And the cash in my pocket wont go as far as it did 3/4 months ago.

Think i will stick with a "Maybe" on theirs......as to a "for sure" on mine.

Just my weird way of looking at life.

Hi Baz

I'll be buying a nice home for my family and lots of gold & silver. Probably buy a few properties going cheap and sit on them for a few years maybe rent them out cheaply and sell when the price is right somewhere down the line.

GSG wrote:I don't think I should have to pay any taxes if and when the Dinar train comes in. I don't think anyone else who took this risk ought to have to pay any either. Is there any to avoid the taxes.


Think outside the box on this. What if I were to cash in my Dinars for Euros instead of Dollars? Is there anyway to avoid paying taxes this way?

What about small notes, specifically any single note worth under $10,000? Is there anyway to avoid taxes with these?

Thanks,
GSG

If by some miracle the Iraqis pay off over a million speculators, be thankful and pay your tax. I won't have to because I will of had a heart attack and be dead!

CROW wrote:If by some miracle the Iraqis pay off over a million speculators, be thankful and pay your tax. I won't have to because I will of had a heart attack and be dead!

Now that is funny. This is what they are counting on to get rid of alot of us speculators!

CROW wrote:

GSG wrote:I don't think I should have to pay any taxes if and when the Dinar train comes in. I don't think anyone else who took this risk ought to have to pay any either. Is there any to avoid the taxes.


Think outside the box on this. What if I were to cash in my Dinars for Euros instead of Dollars? Is there anyway to avoid paying taxes this way?

What about small notes, specifically any single note worth under $10,000? Is there anyway to avoid taxes with these?

Thanks,
GSG

If by some miracle the Iraqis pay off over a million speculators, be thankful and pay your tax. I won't have to because I will of had a heart attack and be dead!

Hmm. Heart attack huh? Can I have yours then?

Oops I mean, that would be tragic Crow...

Now can I have yours?

RoyalBeluga wrote:

Baz wrote:

see me feel me wrote:No worries folks these idiots will never RV, I hold alot of dinars and have for 4-5 years now, thinking of selling off half and playing the stock market. The ISX will never be as big as some here want you to believe. Just venting

Yes a good idea.....half in the stock market....which if yours is like ours, the bottom has fallen out.....south here we come, fast.

Maybe try the property market.... which if yours is like ours, thats stopped all-together and going south fast.....as well

Keep it in cash.....which if yours is like ours, that wont buy much either.

All i know is....
I have lost a packet on our stock market.
My house is nearly worth half of yesterdays price.
I have to work 3 weeks to buy enough petrol to get me to work for 3 days.
And the cash in my pocket wont go as far as it did 3/4 months ago.

Think i will stick with a "Maybe" on theirs......as to a "for sure" on mine.

Just my weird way of looking at life.

Hi Baz

I'll be buying a nice home for my family and lots of gold & silver. Probably buy a few properties going cheap and sit on them for a few years maybe rent them out cheaply and sell when the price is right somewhere down the line.

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

Baz wrote:

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

England should do like America does and just continue to put everything on credit against Chinese debt. We get newly paved roads, good deals on big trucks, and cheap (4 dollar) gas. Gotta love the American way. Live it up and pass the debt on to the kids, baby!!

Oh, and dont forget to renew your prescription for your prozac, your satellite TV and your high speed internet so you can properly numb out your reality like a good citizen.

geowhiz wrote:

Baz wrote:

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

England should do like America does and just continue to put everything on credit against Chinese debt. We get newly paved roads, good deals on big trucks, and cheap (4 dollar) gas. Gotta love the American way. Live it up and pass the debt on to the kids, baby!!

Oh, and dont forget to renew your prescription for your prozac, your satellite TV and your high speed internet so you can properly numb out your reality like a good citizen.

If I was married to a sexy top flight accountant,and had upper tier employment with a natural gas exploration and production company, I would maintain a much more positive outlook.........but that's just me........

wolverine wrote:

geowhiz wrote:

Baz wrote:

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

England should do like America does and just continue to put everything on credit against Chinese debt. We get newly paved roads, good deals on big trucks, and cheap (4 dollar) gas. Gotta love the American way. Live it up and pass the debt on to the kids, baby!!

Oh, and dont forget to renew your prescription for your prozac, your satellite TV and your high speed internet so you can properly numb out your reality like a good citizen.

If I was married to a sexy top flight accountant,and had upper tier employment with a natural gas exploration and production company, I would maintain a much more positive outlook.........but that's just me........

Or maybe a COMEX oil trader who has a couple expensive escorts lined up, you see it's not the end of the world for everyone!

wolverine wrote:

geowhiz wrote:

Baz wrote:

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

England should do like America does and just continue to put everything on credit against Chinese debt. We get newly paved roads, good deals on big trucks, and cheap (4 dollar) gas. Gotta love the American way. Live it up and pass the debt on to the kids, baby!!

Oh, and dont forget to renew your prescription for your prozac, your satellite TV and your high speed internet so you can properly numb out your reality like a good citizen.

If I was married to a sexy top flight accountant,and had upper tier employment with a natural gas exploration and production company, I would maintain a much more positive outlook.........but that's just me........

Yeah, and If I was living in the state with the reputation of the tallest legs and largest boobs anywhere east of the Ukraine while acting on my dream to be the next JR Ewing and was golf buddies with Vinnie Paul I wouldnt need the prozac, just a daily ride in my 77 Caddie Fleetwood with the top down, a cooler full of ice cold Lone Star in the backseat, and a number in my hand that would've made Bob Marley envious.

Paradise..

bungalowhiz wrote:

wolverine wrote:

geowhiz wrote:

Baz wrote:

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

England should do like America does and just continue to put everything on credit against Chinese debt. We get newly paved roads, good deals on big trucks, and cheap (4 dollar) gas. Gotta love the American way. Live it up and pass the debt on to the kids, baby!!

Oh, and dont forget to renew your prescription for your prozac, your satellite TV and your high speed internet so you can properly numb out your reality like a good citizen.

If I was married to a sexy top flight accountant,and had upper tier employment with a natural gas exploration and production company, I would maintain a much more positive outlook.........but that's just me........

Yeah, and If I was living in the state with the reputation of the tallest legs and largest boobs anywhere east of the Ukraine while acting on my dream to be the next JR Ewing and was golf buddies with Vinnie Paul I wouldnt need the prozac, just a daily ride in my 77 Caddie Fleetwood with the top down, a cooler full of ice cold Lone Star in the backseat, and a number in my hand that would've made Bob Marley envious.

Paradise..

These unprecedented oil prices creating record profits have forced parking the ol' Fleetwood in favor of a CTS-V ! (P.S. Vinnie has a hella Fleetwood !!! )
https://investorsiraq.forumakers.com/dinarholic-lounge-f4/this-is-a-car-i-would-like-t729.htm#4967

[quote="wolverine"]

bungalowhiz wrote:

wolverine wrote:

geowhiz wrote:

Baz wrote:

Hi RB.
Yes houses still the best bet and these will come back up again, maybe a couple of years to go yet, they have gone like this before and allways recovered, granted not as quick to drop as this time, which has caught everyone out. I think if the media stopped downing everything every day, things might not be half as bad.

No nothing of silver or gold, only as much as when we go shopping Mrs B allways makes a bee-line for the goldsmiths....while i do my best to creep away....silently.

Oil is without a doubt the killer, but lets face it why should the arabs drop the price to any great amount when everyone is still buying it, and allways will, i see only a little evidence of folk here changing driving habits in the terms of saving fuel, and as for our idiot brown wanting / making us all buy an electric or cow dung car to save the polar bears, and to boot paying NO road tax...yeah right...can you see this, lets say EVERYONE has one and he gets NO tax, he knows this wont ever happen.

England should do like America does and just continue to put everything on credit against Chinese debt. We get newly paved roads, good deals on big trucks, and cheap (4 dollar) gas. Gotta love the American way. Live it up and pass the debt on to the kids, baby!!

Oh, and dont forget to renew your prescription for your prozac, your satellite TV and your high speed internet so you can properly numb out your reality like a good citizen.

If I was married to a sexy top flight accountant,and had upper tier employment with a natural gas exploration and production company, I would maintain a much more positive outlook.........but that's just me........

Yeah, and If I was living in the state with the reputation of the tallest legs and largest boobs anywhere east of the Ukraine while acting on my dream to be the next JR Ewing and was golf buddies with Vinnie Paul I wouldnt need the prozac, just a daily ride in my 77 Caddie Fleetwood with the top down, a cooler full of ice cold Lone Star in the backseat, and a number in my hand that would've made Bob Marley envious.

Paradise..

These unprecedented oil prices creating record profits have forced parking the ol' Fleetwood in favor of a CTS-V ! (P.S. Vinnie has a hella Fleetwood !!! )
https://investorsiraq.forumakers.com/dinarholic-lounge-f4/this-is-a-car-i-would-like-t729.htm#4967[/quote]

Hey man we're talking Texas!! You mean you cant back up your caddie to the backyard pumpjack and siphon out a few gallons of that delicious South Texas Sweet anymore?

bungalowhiz wrote:
Hey man we're talking Texas!! You mean you cant back up your caddie to the backyard pumpjack and siphon out a few gallons of that delicious South Texas Sweet anymore?

Just crack valve and it shoots out , drip gas, great for old carb vehicles but plays heck with fuel injected modern ones. The updated Caddy is no economy car, it has a Z06 Vette engine and a six speed, not exactly your grandma's sunday school ride !

wolverine wrote:

bungalowhiz wrote:
Hey man we're talking Texas!! You mean you cant back up your caddie to the backyard pumpjack and siphon out a few gallons of that delicious South Texas Sweet anymore?

Just crack valve and it shoots out , drip gas, great for old carb vehicles but plays heck with fuel injected modern ones. The updated Caddy is no economy car, it has a Z06 Vette engine and a six speed, not exactly your grandma's sunday school ride !

Nice! Gotta beat that rice-burner Toyota. Hopefully you donated that one on to the poor Mexican family down the street in exchange for a few homemade churros.

bungalowhiz wrote:

wolverine wrote:

bungalowhiz wrote:
Hey man we're talking Texas!! You mean you cant back up your caddie to the backyard pumpjack and siphon out a few gallons of that delicious South Texas Sweet anymore?

Just crack valve and it shoots out , drip gas, great for old carb vehicles but plays heck with fuel injected modern ones. The updated Caddy is no economy car, it has a Z06 Vette engine and a six speed, not exactly your grandma's sunday school ride !

Nice! Gotta beat that rice-burner Toyota. Hopefully you donated that one on to the poor Mexican family down the street in exchange for a few homemade churros.

You've been watching (and believing) the news again , there are NO "poor mexican families" where I live, they all drive NEW Chevys ! I'm gonna go eat some cabrito for lunch, help out with their full coverage insurance.