BANKS & BANKERS...THE DINAR INTRIGUE!

[4aprofit]

No bank that I know of offers to buy or sell Iraqi Dinars presently...but many did...I believe even Wells Fargo may have at one time...as even Bank of America was funneling them to Chase and Citi Banks at one time..(through a contract as I was told).......until Chase and Citi Banks put out a notice on Dec. 1, 2008...that as of Dec. 15, 2008...that they would no longer buy or sell the dinar...then guess what...Chase & Citi Banks showed up appx. 2 weeks later..on appx. Jan. 1, 2009..in Iraq...helping Iraq setup their banking infrastructure...how odd?...

 

Citi Bank had an ad or banner of some type on Warka Banks Site..it may still be there...and as per my understanding, this was due to a merger or tie-in of some type...but not pubicly acknowledged in the U.S. or in the U.S. media...how odd?

 

I know of 2 banks here in the U.S....that were buying dinars back..while not selling them anymore...but to the best of my knowedge..they do neither now...how odd?

 

I know bankers and high wealth individuals..that call the dinar a scam...and these same folks own a lot of it...how odd?

 

The above video depicts the usual and typical information that most banks would naturally give out...as Wells Fargo or most any other bank is not engaging in the trade of the dinars right now...they quit selling the Vietnamese Dong as well...one banker said it was due to the popularity and massive sales of all of these like the dinar and the dong..so, thus by stopping it...this would curb the speculation and the clogging up of the banks and the massive waves of specualtors showing up at their bank branches opening accounts with small amounts, and many of these same folks were never re-seeding these accounts...actually costing the banks money...not to mention the loss of manpower, due to the lack of profits invested versus the manpower utilized while setting all of this up for folks...and it was'nt just the intial opening of these small accounts...as it was also all the speculator talk and rhetoric...tying up their bank branches...when they had more lucrative and profitable daily tasks to handle..that were not getting handled...one banker even said that once this thing gives a value that is signifigant enough for them to open up as per trading and the currency is tradeable...he feels most certain that most every bank that can get in the door on this thing will be involved...as he said...who in their right mind would'nt...it will give them spread fees, reserves to use, deposits that they did'nt have...ultimately giving the bank more clout than it has ever had...he also said that it stands to reason that the banks would get out of this business of selling or buying prior to any rise of value...due to distancing themselves from the actual event...where as a currency would rise in value...causing the banks and customers who were trying to order or sell in the middle of a change in value, many problems..and by distancing themselves from the event...whether months or years...it would take the threat away from those that said yea or nay towards their investment positions...from being in a threat mode..as per the comraderieship of their peers...whether in the banking or public sector...in other words, should a value come...and someone had just dumped their currency...or should a value come and someone just tried to order some and could'nt get it...they might sue the bank or take out tactics of revenge...especailly as per what someone told them that swayed their opinion to buy or sell...he said this could be very serious...especially if any transactions were that near an actual event taking place where a newer higher value was gained...he also explained why some bankers have either called it a scam or try to deter buyers from getting into these currencies...either he is ignorant and has'nt done his homework...or he is invested and cant talk...because as per him saying one good thing about something like this would get him fired...as he must promote what the banks deal in...as he put it...most of the stuff out there is already unprofitable most of the time...and it would be hard for him to give financial advice on a specualtive investment 10,000 miles from here that is not recognized internationally yet, nor SEC regulated...as per what he deals in already...even if the markets are a basket case here!...In other words...the bankers can only say so much...and without knowing for a fact what will happen..I see their point...but when a huge conglomerate goes down over here in the U.S...and you lose everything..and it was promoted by all...again, how odd?......

 

Nothing makes sense...so..with that, buy no more than you can afford to lose...it is a high risk investment..and it could flop tomorrow and you may not get anything back out of this...use your own gut feeling, study it, pray about it...etc...to each his own...but IMO...I think that this investment has been shrouded in secrecy under the guise of looking like a scam or joke...for what it's worth...

Edited May 3, 2013 by 4aprofit