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Freedomwish

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About Freedomwish

  • Rank
    Senior Member
  • Birthday September 13

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  • Gender
    Male
  • Location
    New York City
  • Interests
    Securing a future for my two children and for myself :-)

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  1. Ohhhh, I see now how King Bean loves to party yeeeeeeeeeeeeeeaaaah man!!!
  2. Me as soon as I receive Adam's text message lmao 😄
  3. Yup Yup, Good luck to you all my friends Yup indeed, you never know as I've long ran out of bottles of whiskey than I can count over the years waiting lol we continue to remain hopeful!!
  4. Now this thread is picking up some steam, let's hope it keeps going!!
  5. For me, just hope for the Dinar to pop immediately behind....that's the sign I'm looking for. If the Iranian Rial/Toman pops off first, then I'll be triple dipping in buying some more Dinar for sure. Yup.
  6. Southbeach - as of now, we're not sure...the current "Rial" (notes most we have now) will be just the change of the currency name to "Toman", until when their new currency "Toman" notes will be released, and then the CBI supposedly will allow about two years for the "Rial" notes to be collected in some similar fashion like the Dinar. Regarding the rate change either cashing out right there and then, or waiting for the rate to increase is a matter of a personal decision but again, we don't know. With the current state of some travel restrictions now due to COVID-19, we don't know at this point in time of such definite exit strategy that would be best for anyone. I, personally - if once all this is done and if we become very, very profitable, I had planned to first contact Adam and his team since I'm his OSI group as a member; I see no reason if he and his team decides to change their minds in providing assistance to current OSI members for business reasons that would be great for paying for his future services (as of now, Adam doesn't deal with anything regarding the Iranian Rial/Toman) second, I had planned to travel outside the US to maybe either The Kish Island where tourism would be more welcoming (hopefully for Americans), Dubai or more possibly, Hong Kong as I have my own personal friends and contacts out there. Just my opinion, just look into all possible avenues that would best fit your situation given the current state that we all are in. This could all go down as good, or all could go down as a bust - but Iran is looking like it's about to take its first leap in having their currency recognized before the Dinar.......which we all hope that the Dinar would RV just as soon. Good luck!
  7. I have no idea, but for now the old bills to my understanding will remain for a bit to be collected within the two year time frame (similar as to the Dinar as planned); it's just the change of the name from "Rial" to "Toman". I believe once the collection of all the old notes is done, then I guess the new "Toman" notes should be out and about, or probably new notes will be released at the same time while collecting the old Rial notes. But at this point, I wish for anything to happen.....we hope for the best of course!
  8. And, from Reuters!!! FRESH AND HOT OFF THE PRESS!! https://www.reuters.com/article/iran-currency/iran-approves-plan-to-cut-four-zeros-from-falling-currency-report-idUSL8N2CM1E9 BONDS NEWS MAY 4, 2020 / 3:14 AM / UPDATED AN HOUR AGO Iran approves plan to cut four zeros from falling currency -report 2 MIN READ DUBAI, May 4 (Reuters) - Iran’s parliament has passed a bill allowing the government to slash four zeros from the rial, Iranian state media reported on Monday, after a sharp fall in the value of the currency as a result of crippling U.S. sanctions. Iran’s national currency will be changed from the rial to the Toman, which is equal to 10,000 rials, under the bill. “The bill to remove four zeros from the national currency was approved by lawmakers,” Iran’s Students News Agency ISNA reported. The bill needs to be approved by the clerical body that vets legislation before it takes effect. Iran’s state TV said the Central Bank of Iran will have two years to “pave the ground to change the currency to Toman”. The idea of removing four zeros has been floated since 2008, but gained strength after 2018, when U.S. President Donald Trump exited Iran’s 2015 nuclear deal and reimposed sanctions, as the rial lost more than 60% of its value. The Iranian currency was trading at about 156,000 rials per dollar on the unofficial market on Monday, according to foreign exchange websites. Iran’s weak currency and high inflation have led to sporadic street protests since late 2017. (Writing by Parisa Hafezi; Editing by Alexander Smith)
  9. I had just finished drinking my last glass of whiskey on a late Sunday evening, and suddenly........THIS?!!!!! ...BROTHER SCREWBALL, WHERE YA' AT BUDDY?!!! https://www.yahoo.com/news/iran-approves-plan-cut-four-071324088.html World Iran approves plan to cut four zeros from falling currency -report ReutersMay 4, 2020, 3:13 AM EDT DUBAI, May 4 (Reuters) - Iran's parliament has passed a bill allowing the government to slash four zeros from the rial, Iranian state media reported on Monday, after a sharp fall in the value of the currency as a result of crippling U.S. sanctions. Iran's national currency will be changed from the rial to the Toman, which is equal to 10,000 rials, under the bill."The bill to remove four zeros from the national currency was approved by lawmakers," Iran's Students News Agency ISNA reported. The bill needs to be approved by the clerical body that vets legislation before it takes effect. Iran's state TV said the Central Bank of Iran will have two years to "pave the ground to change the currency to Toman". The idea of removing four zeros has been floated since 2008, but gained strength after 2018, when U.S. President Donald Trump exited Iran's 2015 nuclear deal and reimposed sanctions, as the rial lost more than 60% of its value. The Iranian currency was trading at about 156,000 rials per dollar on the unofficial market on Monday, according to foreign exchange websites. Iran's weak currency and high inflation have led to sporadic street protests since late 2017. (Writing by Parisa Hafezi; Editing by Alexander Smith)
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