I've been wanting to make this post for some time, but knew how brutal some of you can be in this section!!
I let you know what I've been hearing over the years about the dinar from people who are living in the area and have connections to the financial aspects in ME.
First, I am not a guru, nor am I pretending to be one.
I am no financial expert, other then I am good at losing money! :P Just wanted to give you some info from those I talk with. I invested over 3 years ago. As some of you know, I am a doc working in Thailand. Back then, I worked at a pretty famous resort that caters to a lot of wealthy folks.
During my time there I got to meet those who "might be in the know" or, at least, shed some hope on this investment.
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Back then, it was "hahahahha! the dinar? My friends are wallpapering a room with it..." or "The dinar? which one? No, dont know anything about it.
I heard its completely worthless.." Needless to say, I wasnt too hopeful (and yet, I still bought more! Like I said, I am very good at losing money!). recently, however, the reactions to my inquiry has been, "Oh, it MIGHT change.." or "yes, I bought some myself.."
My patients are those who are high-up bankers, ministers, advisors to the various royal families in the area and even member of the royal family themselves (a couple of princes, etc). so, the point of my post is this: seems the climate is changing.
Seems that SOMETHING is in the air for change. not saying an RV, but their attitude has changed from the conversations I have had with these folks years ago (Yes, I ask ALL my ME patients about the dinar. Hey, I aint proud!).
If I hear something firsthand, you can bet I will let all you fine folks know.
In fact, I will email a banker in saudi today to see if there is anything worth reporting. I hope this gives a few folks a little hope that something MIGHT happen. dunno, just saying...Cheers