Hello everybody, I just got off the phone with my brother and for those of you who haven't heard before, he is VP for one of the big four banks in CA. I called him because of all of this changing rate talk, and asked him if he has seen anything different.
I also mentioned to him what is being said about the rate going up, This is what he told me.
Their bank is still seeing the rate in amber at $3.68 and other banker friends across the country are also seeing this rate appear.
He explained to me, that once a rate appears on the screen in amber it typically NEVER changes from that rate.
He also explained to me that the excact date for these things to happen are guarded very closely, and that if that information was easy to get, like some of these gurus claim. corporate investors (who he deals with) would be paying top dollar to investigators all the time to receive this information. It's simply not that readily available for obvious reasons.
Note: The country code for Iraq's currency may very well be 368 as stated by others, My brother has 25 plus years of experience handling investment and such, this is NOT a mis-interpretation of that fact.
The fact that it's appearing on screens across tha country, indicates that this is in the process of showing.
That's the scoop I got from someone I trust and totally believe.
For comment section, please scroll down. Thank you.
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