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dinar of course !!! duh


Hellifiknow
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I saw something about it posted on an arabic site, however as I don't read arabic I'm kind of stuck relying on others to translate it. Here is what they say the article says...

 

Central Bank announces suspension of auction currency and adopt a new mechanism for foreign remittances

02/21/2015 (22:49)

Baghdad / term

Iraqi Central Bank announced, on Saturday, stopping work ERA Bank and the adoption of the banking system as being responsible for foreign remittances and as of Sunday.

 

If anyone reads arabic or has chrome browser and can translate it here is the origional article...

 

http://www.almadapaper.net/ar/.

 

One thing I did find intersting. Visit DinarInc website. Right on the homepage it says due to supply shortages shipping times may be delayed and prices are volatile. I believe Dinar Inc, DinarTrade, Exchange of America and Tampa Dinar are all the same company so essentially we have 4 of the largest dealers either out of Dinar or short on Dinar and may be raising prices.

 

I wonder if this is true or a marketing gimmick? I do know some buyers who hold a lot of dinar have been contacted by delaers offering to buy it back at very high prices, nothing like $3 per Dinar but at say $1,000 per million which is higher than they have ever paid in the past.

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Yes ISIS has taken over the CBI.cash in today at $45.00 per dinar.hahahahaha

Or...They'll decide to start their own currency (  might happen)  thus creating   a lot of confusion ( I'd guess).....We'll see....

 

 The US yesterday announced a big operation with about 25,000 Iraqi troops beginning in April / May ( in order to give time to the population to leave town) to re-take Mosul ( 2nd Iraqi city which right now is ISIS territory)

Edited by umbertino
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