Adam here again! It’s been a pretty slow week or two in the Dinar news
section, but it looks like things are about to start picking up again.
I’m hoping to have some great news to share soon, but for now it’s
just a waiting game.
Since you’ve taken the time to read this email, let’s talk about some
Dinar “myths” that have been kind of bugging me lately.
Here we go!
Myth 1: “Bank screens” are good sources for “intel”.
This is one of the silliest bits of nonsense you will ever hear, but
you will indeed hear it.
Friends , when the rate changes it will be done in one swift motion and
there will be no “bugs” or “glitches”, and quite simply: nobody is
looking at “bank screens” to see the rate change. If you hear anyone
say that, just smile and nod… and go somewhere else.
Myth 2: Bank X will “lock in” your rate if you use our “code”.
No bank or dealer in the world will “lock in” a rate. When you show up
with your Dinar, and it is authenticated, you will get compensated at
the current exchange rate.
Think about this. If the rate changes to $1 and you call to “lock in”
a rate, but when you get to the bank the rate has dropped to .50 – is
the bank going to take a FIFTY PERCENT loss? I don’t think so!
And on the other side of the coin, if the rate comes out at .50, but
when you get to the bank the rate has risen to $1…
… are you going to take .50?
Again, I don’t think so!
Summary: When you hear people talking about “locking a rate”, just
smile and nod… and then go somewhere else.
Myth 3: A (Nevada, Wyoming, etc) LLC can help you save on taxes.
Well, this is sort of true. If you have a domestic (local to your
country) corporation, you should be able to use it to take some
(reasonable) deductions during the present tax year. However, at the
end of the year all of the profits flow through to you and unless you
like paying taxes twice… you are going to pay your taxes almost as if
you had never formed a corporation in the first place. For example, if
a company makes a million dollars in one year, they can either
distribute that money to the shareholders or the company can hold it.
If the company holds it, the profit is still reported and taxed at a
high rate. Since the profit is taxed at a high rate… what’s the point?
Quite simply, it’s pointless… but many attorneys will still
encourage you to set up an LLC, a Spendthrift Trust, a Foundation,
an Irrevocable Trust, and on and on and on… just so they can bill
you for their time. Unfortunately, none of these are adequate for
asset protection in our situation as Dinarians.
(Hint: If you want a SOLID asset protection plan, join my VIP group. I
promise it will be the best $49 you ever spent!
Myth 4: The Dinar is a Scam
Sigh… ok, there is some merit to this one as well. If you were
promised you’d wake up a millionaire… you were lied to, misled, or you
were talking to someone that was simply wrong. But let’s take a minute
to be realistic here… we are talking about the current actual currency
of a foreign nation. This foreign nation has gajillions of dollars of
potential based on their current economic growth, political progress,
and natural resources. This currency, the Iraqi Dinar, has gone up in
value since it dramatically crashed, and in all likelihood will
continue to do so. In fact, it has the potential to dramatically
increase in value! The Iraqi Dinar may not increase 1000% overnight,
but in my opinion… it’s going to keep going up, and in this day and
age I like the sound of that. More importantly… I like the potential
to not only make good money, but to make a LOT of good money.
It’s like having a lottery ticket that never expires!
Summary – the Dinar is not a scam, it is a currency. If you hold
authentic notes, you have not been “scammed”.
Myth 5: … ah, nevermind. That’s enough myths for one day.
LOL! I could go on and on with these “myths”, but I think you get the
idea by now. If you’re serious about the investment and protecting
your future wealth, I look forward to seeing you in my VIP group. If
you’re not the type to join VIP, don’t worry – I’ll still send you
these free emails. And when the rate changes, you can be sure you’ll
hear about it first from me.
Warmest RV Regards,
Adam Montana
P.S. If you have any questions about anything “Dinar”, please feel
free to post them in the weekly Q&A thread! You can find it in this
section of DV:
http://iqd.me/l/chats
P.P.S. Feel free to leave your comments below. Stay respectful, thanks!
Related posts:
- Time to debunk some rumors on the Iraqi Dinar
- Poll time! Is the Iraqi Dinar your only investment?