Emailed to Recaps:
Dr. Dinar: Every time I think about screaming in frustration at this roller coaster ride, I go back to the start. Even though it was Sadaams made up rate, the dinar was still international at $3.22. And it didn't crash by Iraqi economic circumstances. The UN shut them down to the program rate.
Which means -had the US/UN never interfered, they'd still be $3.22. And that was ten years ago. The rest of the world owns dinar and they hold it in their reserves, waiting for it to at least go back to normal. That was the deal for quite a bit of forgiven debt. To lots and lots of people.
They don't want toilet paper. We don't want toilet paper. So eventually it will have to go back to at least where it was. And it will have to be close to Kuwait.
And it will be Internationally recognized because the dictator is gone. And if they want to import goods from around the world in order to survive, they will need a currency with value. And one that is accepted around the world.
Which means that we will be able to exchange somewhere in the world. Even if these a**hats somehow sc*** us here, there's no way that 5 million people are going to accept, "Sorry, we sc***** you. Get over it." for an excuse. We know too much about all their behind the scenes corruption.
Someone ,somewhere will figure out a way to exchange. And I also think the Dong will eventually do something as well. China wants and needs that to happen.
So at the end of the day even if these BS Contract rates and GCR and Republic and everything else turns out to be total bulls***, in the end I truly believe the dinar will go back up to where it was. There is no way that the US will allow Iraq to fail.
These rinky dink friends and a**hat exchanges aren't the US itself exchanging. And the UST wants the dinar to be back to a real rate. Trillions are at stake.
"It's not a question of 'if', merely when." HAHAHAH
USNavy55: Just heard from my friend in Germany. Only exchanges there are F & F, same as here. Let's stay cool.
Don A. November 8, 2014 at 6:16pm Bank Story - Just talked to a friend in Phoenix whose wife called a Travelex in that area today. She asked them if they can exchange a 25K IQD note for USD. They told her without any hesitation that they would be able to on Monday at their Scottsdale store. I just checked Travelex and they don't list IQD at all.
[hotdongdiggity] My husband went to Chase 2day. They have a skeleton crew working... he asked if there was somebody to talk to about the new Private Client Program. She asked a few questions, he explained about our currency.
[hotdongdiggity] She said Chase promised the govt they will never exchange Dinar. They were exchanging VND a few weeks ago and will be exchanging again soon! :) She gave him a name to call on Monday.
[Rocky49] hotdongdiggity At what rate? Can you let us know Monday?
[bailey2..] hotdongdiggity pretty please
[hotdongdiggity] So nothing huge, but is enough to be encouraging for us... Yes I will let you know. Good question, well all what rate... the name she gave him is the same lady we opened a trusty account with earlier this year... At that time, this lady said it was a scam... interesting
Stardust : AB do you have any updates at all? Thanks
Already Blessed : UPDATE: NOTHING HAS CHANGED OR TONY WOULD HAVE SENT OUT A TWEET!
phall999 : AB I know we are close because I was called in to WF in July sat at the banker desk and then at the last minute told wait here is the phone we have a phone call for you the PB and wm said sorry we can not get you in yet… sad day but blessed to still be here with TNT at least I am in Line and very blessed to be here
Already Blessed : AWESOME NEWS PHALL.....I HAVE HEARD THAT BEFORE ALSO.
mangelo : Pam do you think we have moved up a little bit closer to the RV door?
Already Blessed : YES MANGELO
bodyman : TNT FAMILY...BE OF GOOD CHEER OUR TIME IS SO VERY CLOSE....KEEP EACH OTHER ENCOURAGED AND STRONG AND WE WILL GET THROUGH TOGETHER....I WILL SEE YOU ALL TOMORROW !!!!! ((((GROUP HUG))))
Already Blessed : WAIT FOR ME...BODYMAN! GOOD NITE ALL!