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Linda Bower

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Posts posted by Linda Bower

  1. RON:salute:

    There is a CBI Bank & Trust in Muscatine, IA and it's Central Bancshares, Inc. a community bank holding company 

     

    I sent a message to this bank just to see if they really are a satellite bank for the CBI.  My husband (the CFO for his company) said even though they are a bank operating in the US, certain accounts may not be covered by the FDIC so it might be too risky to entrust your dinar with them.

     

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  2. Are these private Banks available now?  That is what I was thinking of doing is depositing in one of these banks as dinar.  I just don't know how secure they are if they are new in the US.  It would make a lot of sense to do this if the rate initially came out at $0.10  Because you know it won't stay at that rate and they may be in a hurry to grab up all their large denomination bills..

     

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  3. B Keiller,  I don't think I agree with your "flight of fancy". Giving dinar 2 different values is something they said they would not do.  They stressed that the lower denoms would have the same value as the upper denoms.  Iraq has also talked about creating satellite banks.  What is to keep you from depositing your large bills into one of these banks and simply keep it as dinar?  This would stay at your 1-1 value (if that is what it is going to be) Dinar Thug posted an article yesterday :The prestige of Iraq:  The ultimate goal of Mustafa Al Kazemi"

    I like that word PRESTIGE.  That means he cares about his country's standing, especially with his close neighbors.  The ones that have been successful because of their oil.  You have to think he dreams of having their exchange rate as a means to solving this financial pickle they' re in.  Of course this is just my opinion.

    prestige

     noun, often attributive

    To save this word, you'll need to log in.

     
    pres·tige | \ pre-ˈstēzh  , -ˈstēj \

    Definition of prestige

     

    1: standing or estimation in the eyes of people : weight or credit in general opinion
    2: commanding position in people's minds
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  4. Yes, they were saying these things 10 years ago, but...the things they said back then needed to fall in place before it could happen, are falling into place now.  HCL, completed government, corruption routed,  the auction halted,  smaller bills ready to go(?)

    the perfect storm.  I'm hopeful that we are finally going to see this finished and money in our pockets.

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  5. We were in Russia 23 years ago to adopt 2 little girls.  When we converted our adoption money into Rubles we were millionaires!  Shortly after this Russia lopped off their 3 zeros, but they didn't allow enough time for everyone to cash in for the new currency and many of their citizens lost heavily in this action.  When we returned 7 years later, merchants were pawning the old currency on unsuspecting tourists like us!

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