Skybear Posted March 12, 2012 Report Share Posted March 12, 2012 ATTENTION DINARIANS: This report is being sent ONLY to pass along the PERSONAL RESEARCH I have made specifically at my own expense and time while here in the UK. I have NO AXES to grind, and NOTHING to gain from telling you what I have found from considerable time spent in the highest offices of banks here in the UK and in Europe. If those "OKIE FANS" decide to bash, I will not bother to post any more data I dig-up. Those who are OOM fans can keep lying to the defenseless people who are being lied to by the HOUR. . .or they can STOP spewing the lies and stick to verifiable, demonstratrable truths. Spent the WHOLE day today with HSBC Currency Dept. Highest to lowest people in the system. They confirm at every level that NO RV has happened nor is KNOWN to be forthcoming, nor even EXPECTED to happen anytime in the even FORSEEABLE future. Furthermore. . .banks which DO still hold dinar certificates are RACING to keep UNLOADING them as fast as they can back to the Iraqi's (see the OFFICIAL CBI daily currency auction results which corroberates this report). These REDICULOUS reports from Okie and Bulldog are TOTALLY without foundation and after being held on "MINUTE-BY-MINUTE" promises EVERY SINGLE DAY for months, bank officers question the sensibility of so many unsuspecting people This and other European banks stay MUCH more open and willing to disclose what they have on Dinars than the banks in the US. They SPECIALIZE in foreign currency with their International Clients FAR MORE than any US bank. If there were even a SLIGHT POSSIBILITY that there were any truth to any pending viability to the dinar, they would speculate in it, themselves, and would be VERY willing to offer a Safekkeping Account to any customer to HOLD such presently no-value currency until it should materialize in any value. They are interested in NEITHER! They are OPENLY and DEFIANTLY unwilling and uninterested in dealing with Iraqi Dinars under ANY circumstances. They have a NUMBER of customers who had huge deposits from PRE-SADAM days, and have "escaped" Sadam. Their CONSIDERABLE holding are STILL held by the banks and being released only on a one-by-one basis, and only as the government carefully reviews the accounts and allows their release. Currently the situation looks openly "bleak" for any future in Iraqi Dinars, according to the banks here in the UK. They wish us all well. . .however they tell us to be as cautious as possible in dealing with currency brokers (either in the US or here in the UK - like you know who). The currency cannot be EVER sold back at the CBI rate except to the Iraq bank, itself. Any BROKERS who sell it are VERY unlikely to buy it back except those few who will do so only under a DEEPLY DISCOUNTED RATE, because they are FULLY AWARE of the limitations they, themselves face in recovering legitimate currency in place of the dinars they hold. We can all HOPE that the situation will change, but it is recommended that nobody place any credence in anything you hear or read from OOM 27 14 Link to comment Share on other sites More sharing options...
Bongalow Posted March 12, 2012 Report Share Posted March 12, 2012 Well We appreciate all your hard work, but you can go back to the bank as far as I am concerned.... banks do not dictate to me what my money or the money I spent is worth!!! I DO.. PERIOD... But thanks for your POST.... Sorry to come off rude but I will take my chances which is exactly why I am invested in WARKA as well.... Here is the street, wanna rain on my parade.... Roll RV!!! 8 5 Link to comment Share on other sites More sharing options...
TXNOLE Posted March 12, 2012 Report Share Posted March 12, 2012 This is news? 1 1 Link to comment Share on other sites More sharing options...
Nakida Posted March 12, 2012 Report Share Posted March 12, 2012 Sounds like a load of camel sh*t to me 13 3 Link to comment Share on other sites More sharing options...
easyrider Posted March 12, 2012 Report Share Posted March 12, 2012 Sounds like a load of camel sh*t to me Link to comment Share on other sites More sharing options...
WorkerBee Posted March 12, 2012 Report Share Posted March 12, 2012 Whatever, the next thing you'll be saying is there is no Santa Claus, no Easter Bunny, and no Tooth Fairy. Bwahahahahhahah! Just messin' with ya, thanks for doing your own research and sharing it. 8 1 Link to comment Share on other sites More sharing options...
precious1 Posted March 12, 2012 Report Share Posted March 12, 2012 (edited) I know you were busy with your bank today, so maybe that is why you missed all the GOOD, no GREAT news articles today! I tend to disagree with your banker, and I think they might want to get some green backs ready to fly out of there! Edited March 12, 2012 by precious1 3 1 Link to comment Share on other sites More sharing options...
BrokeNoMore Posted March 12, 2012 Report Share Posted March 12, 2012 All I can say is I didn't believe the "insider banking" good news, and I don't believe the "insider banking" bad news either. 9 Link to comment Share on other sites More sharing options...
Magnisx Posted March 12, 2012 Report Share Posted March 12, 2012 I think you and bulldog are the opposit of each other. He tells good news, you tell bad, me and probably others just wait until someone confirms or declines the RV with reliable sources! 2 Link to comment Share on other sites More sharing options...
Skybear Posted March 12, 2012 Author Report Share Posted March 12, 2012 I know you were busy with your bank today, so maybe that is why you missed all the GOOD, no GREAT news articles today! I tend to disagree with your banker, and I think they might want to get some green backs ready to fly out of there! Thank you for not blasting me. I don't want to make any waves or even suggest that all that you do with regard to your investment isn't your business and is in no way somebody else's. I wish I could also say I disagree with these bankers. . .but I don't have any credible evidence to take a different view! This was NOT ONE BANKER! This was a summary of EVERY CURRENCY BANKER at EVERY major bank. None knew that I had spent time with others. Their personal opinions were "ignored" unless they gave data to which they were officially privy. I hoped with every different visit that a different story or a different conclusion would be made. . .but every single bank. . .every single foreign currency specialist came to the same conclusion regardfing the dinar, and BELIEVE me they are UP-TO-DATE on all the currencies! They don't have the same "glum" forecast about the Vitnamese Dong as they do about the dinar. They also have glowing reports on OTHER currincies. . .but the dinar, alone, carries a "bad" report. One suggested that investment in the currency of Samalia would be a 'better" risk than the Iraqi Dinar. 6 4 Link to comment Share on other sites More sharing options...
Bongalow Posted March 12, 2012 Report Share Posted March 12, 2012 You know the negative that you gave is cute..... However if you do not like where we are in this investment, SELL!!! I see you are from TEXAS, but yet you are talking to bankers in the UK and EUROPE... Hell they are way worse off than we are!!! I give you an A fer effort, otherwise get your butt back home and stop worrying about things YOU CAN NOT CONTROL!! BEST WISHES FELLA!! In it since 05 and dont give a DAM if i lose money cuz I did not spend more than i would on pretty gals and COLD BEER!!! Holla if you With me!! 8 4 Link to comment Share on other sites More sharing options...
JOLLY ROGER Posted March 12, 2012 Report Share Posted March 12, 2012 Sorry but.......I didn't even have to read it to know...........well never mind. Link to comment Share on other sites More sharing options...
quadkidd1 Posted March 12, 2012 Report Share Posted March 12, 2012 Ask a hundred bankers you will get the same answers. Bankers dont set the polices for Iraq. Check out the NEWS sometime. Just Sayin... Quad 1 Link to comment Share on other sites More sharing options...
Austin-Powers-for-PM Posted March 12, 2012 Report Share Posted March 12, 2012 Skybear, it looks like you have been around for over 2 years. Can I safely assume that you will be selling all of your Dinar and giving up on this "Investment?" Just curious. Link to comment Share on other sites More sharing options...
jasondb17 Posted March 12, 2012 Report Share Posted March 12, 2012 (edited) There would be so many litigation's against that bank if they did tell you of any forthcoming information about the dinars. Second, if any bank has a chance to make money off currency exchange; Of course they will get their hands in it. Edited March 12, 2012 by jasondb17 Link to comment Share on other sites More sharing options...
Alex38 Posted March 12, 2012 Report Share Posted March 12, 2012 The banks won't deal with it until it's READY TO BE DEALT WITH. We wait 1 Link to comment Share on other sites More sharing options...
waterman13 Posted March 12, 2012 Report Share Posted March 12, 2012 You know the negative that you gave is cute..... However if you do not like where we are in this investment, SELL!!! I see you are from TEXAS, but yet you are talking to bankers in the UK and EUROPE... Hell they are way worse off than we are!!! I give you an A fer effort, otherwise get your butt back home and stop worrying about things YOU CAN NOT CONTROL!! BEST WISHES FELLA!! In it since 05 and dont give a DAM if i lose money cuz I did not spend more than i would on pretty gals and COLD BEER!!! Holla if you With me!! Hey Bongalow, I'm with ya! WM13 1 Link to comment Share on other sites More sharing options...
Skybear Posted March 12, 2012 Author Report Share Posted March 12, 2012 Skybear, it looks like you have been around for over 2 years. Can I safely assume that you will be selling all of your Dinar and giving up on this "Investment?" Just curious. I don't have all that many dinars, and I went into the investment knowing it was totally speculative, so unless I can extract what I put into it, I will just hold it and accept the loss. IRS rules will allow me to claim a loss should it fold entirely, and if it should gain in value (which it very well might over the next 5-7 years), I hope to be able then to recover it. 6 9 Link to comment Share on other sites More sharing options...
John in Kuwait Posted March 12, 2012 Report Share Posted March 12, 2012 In a word...REDICULOUS. 1 1 Link to comment Share on other sites More sharing options...
Artitech Posted March 12, 2012 Report Share Posted March 12, 2012 :lol: :lol: :lol: 1 Link to comment Share on other sites More sharing options...
NWGUY Posted March 12, 2012 Report Share Posted March 12, 2012 That is one heck of a disclaimer Skybear! That should be on all Dinar purchases! Do not listen to OOM!!! Thank you for the post Skybear, and Go RV!!! 1 Link to comment Share on other sites More sharing options...
Deltori Posted March 12, 2012 Report Share Posted March 12, 2012 You know the negative that you gave is cute..... However if you do not like where we are in this investment, SELL!!! I see you are from TEXAS, but yet you are talking to bankers in the UK and EUROPE... Hell they are way worse off than we are!!! I give you an A fer effort, otherwise get your butt back home and stop worrying about things YOU CAN NOT CONTROL!! BEST WISHES FELLA!! In it since 05 and dont give a DAM if i lose money cuz I did not spend more than i would on pretty gals and COLD BEER!!! Holla if you With me!! haha holla! 2 Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted March 12, 2012 Report Share Posted March 12, 2012 In my opinion these bankers are not in the meetings with Shabibi, Maliki and others to know what's going to happen with the Dinar, and if they knew they would be braking the law with inside information if they spread the word of an rv, as much as I appreciate your information I for one don't agree with what they're saying, I'll stick with what CBI has been saying, in a way it's good that they don't believe in this investment or they would grab every single Dinar they could get their hands on. Thanks for posting their opinion. 4 Link to comment Share on other sites More sharing options...
RRSport Posted March 12, 2012 Report Share Posted March 12, 2012 In a word...REDICULOUS. Rediculous isnt a word. 5 Link to comment Share on other sites More sharing options...
ChrisGo Posted March 12, 2012 Report Share Posted March 12, 2012 You know the negative that you gave is cute..... However if you do not like where we are in this investment, SELL!!! I see you are from TEXAS, but yet you are talking to bankers in the UK and EUROPE... Hell they are way worse off than we are!!! I give you an A fer effort, otherwise get your butt back home and stop worrying about things YOU CAN NOT CONTROL!! BEST WISHES FELLA!! In it since 05 and dont give a DAM if i lose money cuz I did not spend more than i would on pretty gals and COLD BEER!!! Holla if you With me!! I'm a hollarin! Pretty girls first....then a cold one sounds good!! 2 Link to comment Share on other sites More sharing options...
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