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FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

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Lobo
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FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Lobo on Thu Jun 25, 2015 12:14 pm

FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

FROM U.S. CHINA BASED BUSINESS MAN-"YOU REALLY NEED TO UNDERSTAND WHAT HE IS SAYING”-SQ - SQ IS STEVE QUAYLE

1.) Our US based Clients have recently begun negotiating/implementing changes to the terms of our Purchasing Agreements that will allow them the ability to pay in currencies other than the US Dollar. Usually, the most requested forms of payment are now in either RMB/Yuan, Euros, Rubles, or Dinars.

2.) Tied to this, we have also noticed that our US based Clients are relocating their payment centers out of the US, usually from New York. Instead, we are now being told that we will need to be invoicing our US Clients through their new payment offices, located in such places as Dubai, Singapore or more times than not; Hong Kong. Also, those same individuals/Department VPs, usually based out of New York, we are now finding, have also suddenly relocated to these various countries in order to set up their new payment centers. DUBAI DOESN'T USE THE DINAR IT USES THE United Arab Emirates Dirham.

The companies involved are household names.

So if they are starting to diversify their payment centers away from using US Dollars, we (meaning I and my Chinese partner), can only assume that they know something is coming and that being tied to a US Dollar based transaction could place them at a competitive disadvantage.

List of Countries (BELOW) that use Dinar as currency. ONLY 3 OF THE COUNTRIES WOULD BE USED IN MY OPINION AND THAT BEING IRAQ, JORDAN, AND KUWAIT. KUWAIT IS FAIRLY STABLE, JORDAN IS SOMEWHAT STABLE AND THE IMF AND WORLD BANK ARE WORKING FEVERISHLY WITH THE IRAQ CENTRAL BANK TO GET IT ART. 8 COMPLIANT AND INTERNATIONALLY USED - WE COULD BE SEEING SOMETHING SOONER THAN LATER. DON'T FORGET CITI BANK IS THERE, MIDDLE EASTERN BANKS ARE ALSO IN IRAQ AND THE CBI JUST ANNOUNCED THAT IT ARRANGED FOR A CURRENCY EXCHANGE RATE WITH BANKS UNION BETWEEN USD-IQD. THE IRAQI GOV. SAID THEY WOULD ANNOUNCE THE CREDIT RATING IN JULY AND THEY ARE ABOUT TO ISSUE INTERNATIONAL BONDS.

Category: General Knowledge.

The following is a List of Countries That have Dinar as currency.
Sl.No. Countries That have Dinar as currency

1
Algeria
2
Bahrain
3
Iraq
4
Jordan
5
Kosovo
6
Kuwait
7
Republic of Macedonia
8
Palestine
9
Serbia
10
Tunisia
11
Macedonia
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by wciappetta on Thu Jun 25, 2015 12:34 pm

those same individuals/Department VPs, usually based out of New York, we are now finding, have also suddenly relocated to these various countries ...

That's soon going to be me too after this Obamacare screwing America got  today.... I've made my mind up ...When it arrives my cap gains payment is my exit fee ....


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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Lobo on Thu Jun 25, 2015 12:38 pm

I feel the same way - looked into Uruguay, Costa Rica and Panama - like Panama the best. What are your ideas and thoughts?
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by wciappetta on Thu Jun 25, 2015 12:51 pm

Belize intrigues me ... Perhaps even Brasil ...


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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Lobo on Thu Jun 25, 2015 1:00 pm

I looked into Belize and I don't think you can own property without a Belize citizen as a co-owner and it is in the hurricane zone. Brazil - they speak Portuguese - I think I would do better with Spanish.
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Screwball on Fri Jun 26, 2015 3:01 am

@wciappetta wrote:Belize intrigues me ... Perhaps even Brasil ...
Setting up,bank count in Belize is easy! I will be difinitely looking into this!
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Screwball on Fri Jun 26, 2015 3:13 am

@Lobo wrote:I feel the same way - looked into Uruguay, Costa Rica and Panama - like Panama the best.  What are your ideas and thoughts?
Me I am looking at Belize...online bank account and ecommerce website and facilities...might even set up a drop shipping so I ship straight from suppliers! All online!
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Screwball on Fri Jun 26, 2015 3:15 am

@Lobo wrote:FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

FROM U.S. CHINA BASED BUSINESS MAN-"YOU REALLY NEED TO UNDERSTAND WHAT HE IS SAYING”-SQ - SQ IS STEVE QUAYLE

1.) Our US based Clients have recently begun negotiating/implementing changes to the terms of our Purchasing Agreements that will allow them the ability to pay in currencies other than the US Dollar. Usually, the most requested forms of payment are now in either RMB/Yuan, Euros, Rubles, or Dinars.

2.) Tied to this, we have also noticed that our US based Clients are relocating their payment centers out of the US, usually from New York. Instead, we are now being told that we will need to be invoicing our US Clients through their new payment offices, located in such places as Dubai, Singapore or more times than not; Hong Kong. Also, those same individuals/Department VPs, usually based out of New York, we are now finding, have also suddenly relocated to these various countries in order to set up their new payment centers.  DUBAI DOESN'T USE THE DINAR IT USES THE United Arab Emirates Dirham.

The companies involved are household names.

So if they are starting to diversify their payment centers away from using US Dollars, we (meaning I and my Chinese partner), can only assume that they know something is coming and that being tied to a US Dollar based transaction could place them at a competitive disadvantage.

List of Countries (BELOW) that use Dinar as currency.  ONLY 3 OF THE COUNTRIES WOULD BE USED IN MY OPINION AND THAT BEING IRAQ, JORDAN, AND KUWAIT.  KUWAIT IS FAIRLY STABLE, JORDAN IS SOMEWHAT STABLE AND THE IMF AND WORLD BANK ARE WORKING FEVERISHLY WITH THE IRAQ CENTRAL BANK TO GET IT ART. 8 COMPLIANT AND INTERNATIONALLY USED - WE COULD BE SEEING SOMETHING SOONER THAN LATER.  DON'T FORGET CITI BANK IS THERE, MIDDLE EASTERN BANKS ARE ALSO IN IRAQ AND THE CBI JUST ANNOUNCED THAT IT ARRANGED FOR A CURRENCY EXCHANGE RATE WITH BANKS UNION BETWEEN USD-IQD.  THE IRAQI GOV. SAID THEY WOULD ANNOUNCE THE CREDIT RATING IN JULY AND THEY ARE ABOUT TO ISSUE INTERNATIONAL BONDS.

Category: General Knowledge.

The following is a List of Countries That have Dinar as currency.
Sl.No. Countries That have Dinar as currency

1
Algeria
2
Bahrain
3
  Iraq
4
Jordan
5
Kosovo
6
Kuwait
7
Republic of Macedonia
8
Palestine
9  
Serbia
10
Tunisia
11
Macedonia
Hmmm. Sounds like they know the yuan is going to be added to the basket that's due to hit around September or October for announcement and has to be done by end of jan! There will no doubt be a hit to the usd that will cause shock waves!
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Lobo on Fri Jun 26, 2015 10:14 am

Thanks for your ideas on Belize and I will reconsider it. Thanks again
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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

Post by Neno on Fri Jun 26, 2015 6:22 pm

PVC (schedule 40).... badboys
Cause I am staying right here with HARD ASSETS!
Unless, God has different plans for me...


BTW, This guys comments on the Dinar means nothing IMHO!

This list of countries that use dinar is none the same dinar. Like Australia and Canada uses their own dollars along with 15 or 20 + other countries that use their own printed dollars.


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Re: FROM U.S. CHINA BASED BUSINESS MAN - WHAT GOT MY ATTENTION IS THAT HE MENTIONS THE DINAR

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