Dinar Buddy Posted April 11, 2012 Report Share Posted April 11, 2012 I have befriended a few very high up executive within one of the big banks. We discuss the IQD every other week or so. Today, it was confirmed that there are no rates posted on the back screens, there are no place holders rates on the front screens. I asked if this was ever going to happen... The reply back to me was currencies do not move in large swings (rate swings), 1% to 3% max. The change once implemented take year to at a growth rate of 1% to 3%. At the end I asked if he would be interested in purchasing a bit of IQD he stated, " too risky"... "pass". This is all I have to report. A little bummed. Let's go RV 7 4 Link to comment Share on other sites More sharing options...
cajunrescuemedic Posted April 11, 2012 Report Share Posted April 11, 2012 Well, 1% to 3% usually for established countries....but Iraq is getting on it's feet again. I really feel this IQD is gonna hit when it does revalue. So keep your chin up and don't be bummed. I really hope all these "experts" are wrong and it has a really big RV, like above $1 per IQD. GO RV !!! 10 Link to comment Share on other sites More sharing options...
GasCan Posted April 11, 2012 Report Share Posted April 11, 2012 that will be his loss but this wasnt meant for everyone. 5 Link to comment Share on other sites More sharing options...
Biker Posted April 11, 2012 Report Share Posted April 11, 2012 My friend don't be bummed, They don't no, we don't no only a hand full no how much and when. The banks don't no Diddly i have spoke with many in the banking system and they don't no shittttt. They still say the famous words its a scam. Let them talk the talk, hopefully you will walk the walk. 1 Link to comment Share on other sites More sharing options...
mrref Posted April 11, 2012 Report Share Posted April 11, 2012 (edited) I have befriended a few very high up executive within one of the big banks. We discuss the IQD every other week or so. Today, it was confirmed that there are no rates posted on the back screens, there are no place holders rates on the front screens. I asked if this was ever going to happen... The reply back to me was currencies do not move in large swings (rate swings), 1% to 3% max. The change once implemented take year to at a growth rate of 1% to 3%. At the end I asked if he would be interested in purchasing a bit of IQD he stated, " too risky"... "pass". This is all I have to report. A little bummed. Let's go RV I use to work in a bank and I never heard of a back screen and a front screen (other then a back porch screen and a front porch screen ) but the next time you meet with your befriended friends please ask them what is a back screen and a front screen and what is the difference between the two?? Edited April 11, 2012 by mrref 2 1 Link to comment Share on other sites More sharing options...
go4profit Posted April 11, 2012 Report Share Posted April 11, 2012 Hi, Dinar.....don't be bummed. Asking the bank execs about dinar today would be like asking a traditional stockbroker about Facebook in 2004. They would have laughed at you.....but, Facebook made millionaires of their original investors. Bankers (and stock brockers) usually are "in the know" for the typical transaction and, in fact, a 1% daily move is good for a traditional currency trader. However, this investement has the potential to be far from typical (just like Facebook). The bankers don't know and we don't know. There is clearly a risk, but I also think clearly a potential upside. I am in for the run......GO RV! 2 Link to comment Share on other sites More sharing options...
Perspective2011 Posted April 11, 2012 Report Share Posted April 11, 2012 I am not bummed one bit. Sounds like he is talking about gains in general vs an artificial rate. His loss 1 Link to comment Share on other sites More sharing options...
Niteflyer Posted April 11, 2012 Report Share Posted April 11, 2012 I'm not bummed either. I bought a few hundred thousand dinar for 400.00 four years ago and have heard all this hype all these yrs so don't get too excited. I'm good if it does rv but not busted out if it don't. Link to comment Share on other sites More sharing options...
Bongalow Posted April 11, 2012 Report Share Posted April 11, 2012 I have befriended a few very high up executive within one of the big banks. We discuss the IQD every other week or so. Today, it was confirmed that there are no rates posted on the back screens, there are no place holders rates on the front screens. I asked if this was ever going to happen... The reply back to me was currencies do not move in large swings (rate swings), 1% to 3% max. The change once implemented take year to at a growth rate of 1% to 3%. At the end I asked if he would be interested in purchasing a bit of IQD he stated, " too risky"... "pass". This is all I have to report. A little bummed. Let's go RV Seeing as how I am a financial GURU... Yeah I used the word!! As a finance director, and the fact that all my banks that we lend money too, YES EVEN THE FOLKS WITH BAD CREDICKS, If you have not figured out, I am in the car business, and even those that have less than perfect CREDICKS (credit) for the layman's terms; My credit buyers and VP of operations have no clue what this is....Front or back.... All are in the top 10 Banks antionwide....We make profit on Front and Back , but the scenario that the "GURU's" use sounds like a PORN flick... Anyway, I deal with these people everyday, lending hundreds of thousands of dollars to those who may or may NOT qualify. Here is the skinny M8, STOP READING THE GURU'S, Front and back Screen are reserved for PROFIT only!! Hope this helps... Sit back and enjoy the ride!! Sorry to come off rude, but "IT IS WHAT IT IS!!" Roll RV, or RI, or RD, or whatever... Just do something!! 4 Link to comment Share on other sites More sharing options...
tim5400 Posted April 11, 2012 Report Share Posted April 11, 2012 in that case I hope the US dollar devalues at a slow 1 to 3% rate per year......just saying we need to look at it from that perspective too.. Link to comment Share on other sites More sharing options...
Niteflyer Posted April 11, 2012 Report Share Posted April 11, 2012 Way to nail it on the head Bongalow!! I have a great friend who's the vp of a bank and he said the exact same thing!!!!!! Link to comment Share on other sites More sharing options...
one2one Posted April 11, 2012 Report Share Posted April 11, 2012 a lot of positive articles from Iraq lately and from the GOI ---1-1 RV Link to comment Share on other sites More sharing options...
Nani? Posted April 11, 2012 Report Share Posted April 11, 2012 Ok if this top notch banker considers this investment to risky then you should stop taking his advice because unless you bought an excessive amount it is fairly low risk. Like Adam said in his chat you shouldn't "lose" in this investment unless you sell it for less thN you bought it for.... If you have $1000 worth of another currency you should be able to turn it back into $1000 the only real investment is your patience and belief that you will get something more otherwise look at it as a savings account with no interest lol Link to comment Share on other sites More sharing options...
webup Posted April 11, 2012 Report Share Posted April 11, 2012 The whole front screen back screen nonsense is guru double talk to make it sound convincing. Okie and the other fraudsters talk like that to confuse the clueless Mom and Dad investors and make it sound like they know what theyre talking about. Does Okie really sound like a guy who would have any sort of of top level contact? Fraudster MLM'er Tony Renfrow aka TonyTNT etc you expect me to believe that these MLM nuts just so happen to know high level people regarding Iraq and its plans??? Its absurd! Not a single Guru would be fit to clean the shoes of the real people running things behind the scenes and they sure as hell dont talk to a few hicks who post on dinar sites. 2 Link to comment Share on other sites More sharing options...
Sun Devil Posted April 11, 2012 Report Share Posted April 11, 2012 A big banker thinks an investment of maybe $1,000 is too risky for what the possible return is? LOL......Alrighty then! 2 Link to comment Share on other sites More sharing options...
Danan Posted April 11, 2012 Report Share Posted April 11, 2012 Just wait for Adam and quit worrying. 1 3 Link to comment Share on other sites More sharing options...
LS1Hawk Posted April 12, 2012 Report Share Posted April 12, 2012 Link to comment Share on other sites More sharing options...
Crow Posted April 12, 2012 Report Share Posted April 12, 2012 (edited) A big banker thinks an investment of maybe $1,000 is too risky for what the possible return is? LOL......Alrighty then! THINKING THE SAME THING!!!! What is 6g's to an executive to drop on a speculation? Nothing at all... These guys drop that at the local high society club they goto for lunch everyday... Edited April 12, 2012 by Crow Link to comment Share on other sites More sharing options...
wpsmit Posted April 12, 2012 Report Share Posted April 12, 2012 don't be bummed....it's just another bank story! Link to comment Share on other sites More sharing options...
Choppermike Posted April 12, 2012 Report Share Posted April 12, 2012 I am not bummed one bit. Sounds like he is talking about gains in general vs an artificial rate. His loss Exactly! Link to comment Share on other sites More sharing options...
Chooch Posted April 12, 2012 Report Share Posted April 12, 2012 So I guess nobody told these "banker friends" about the Kuwait dinar back in the 90's. Link to comment Share on other sites More sharing options...
thylocene Posted April 12, 2012 Report Share Posted April 12, 2012 (edited) Too risky for who. I am sure that the banks will be climbing over one another once this thing RVs Edited April 12, 2012 by thylocene Link to comment Share on other sites More sharing options...
cashman54 Posted April 12, 2012 Report Share Posted April 12, 2012 What kind of banking does your friend do...money orders at 7-11? Link to comment Share on other sites More sharing options...
vastdream Posted April 12, 2012 Report Share Posted April 12, 2012 I have befriended a few very high up executive within one of the big banks. We discuss the IQD every other week or so. Today, it was confirmed that there are no rates posted on the back screens, there are no place holders rates on the front screens. I asked if this was ever going to happen... The reply back to me was currencies do not move in large swings (rate swings), 1% to 3% max. The change once implemented take year to at a growth rate of 1% to 3%. At the end I asked if he would be interested in purchasing a bit of IQD he stated, " too risky"... "pass". This is all I have to report. A little bummed. Let's go RV The 1% to 3% max controls would apply after the RV, they are not by definition a part of those measurements. This banker is no smarter, and possibly quite naive and shallow, not even banking smart... he is looking at "swing" and normal fluctuation, he's talking about something else as if he even has a clue. Too risky.... Please. There is no risk because it's just currency, the value WILL go up only, so what is this guy's definition of risk. If he is giving you that as financial information, get it in writing and have some fun with him after the RV... What is his idea of a good investment? 2% money market fund? "Backscreens" and frontscreens are just slang, misnomers in a way. I know the gurus use buzzwords to sound cool and knowledgeable, to those who actually know the jargon they most probably sound like flakes. But there are most certainly security screens with very limited, qualified access. Depending on the types of services offered by the bank to handle securities, currencies, to validate, to also feed all the private files on each customer to the various agencies and databases. FYI, banks are now functioning as an investigatory arm of the government, so everything is collected and compiled on all you do, including the bankers personal impressions of you and your activities. They're compelled to report anything even suspicious. I say this just to warn you that there are cams and mics listening to your conversations as you stand in line... not that I care, but it's good to keep in mind that big brother is indeed watching. Too risky for who. I am sure that the banks will be climbing over one another once this thing RVs Yes, the true risk is that you could get stepped on or mugged after cash-in. 1 Link to comment Share on other sites More sharing options...
tampa1000 Posted April 13, 2012 Report Share Posted April 13, 2012 Just wait for Adam and quit worrying. What does Adam have to do with this? Do you know him personally? No one knows a date or rate. When this hits everyone will know it and these websites are gonna go crazy you can bet on that!!! Back to the bank workers, if this hits and the banks are closed here in the USA we will know it before the banks!!! 2 Link to comment Share on other sites More sharing options...
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