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Questions for Adam's Chat 10-23-2013


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Hi Adam, We have been reading and trying to understand the SFA. It seems like there is something in it about the currency or TIFA. Do you have any information on this or can you help explain the importance of this.  Thank you very much.

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GM Adam. Let me run a dinar rumor by ya I heard at work today. "China has bought wells fargo and will be buying dinar at twice! their rv'd value" ????

I asked why would china pay twice what they are worth? "Because they have a deal with iraq for a big discount per barrel but only if they buy with dinars" this is now #1 on my crazy dinar rumors list. Should I exchange with wells fargo? Lol

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Hidiho there Adam.

 

What info do you have on Iraqs currency reform plans? Current/recent plans to increase its value to $1.00 then $3.00 range? Stated time frames? Where on the web can we go to monitor this topic? 

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Hi Adam. In your discussions with banks have you ever gotten an explanation for stopping selling/buying dinar? The fact that it happened suddenly and almost universally has been a concern. Also about the same time there was a news story that the Dutch postal authority seized a shipment of dinar.

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