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Dear Xchange of America client: Iraqi Dinar (IQD) is now in blue on our website which reflects our new and improved "In Transit" feature which tells you it is on its way. It will be a First Come First Serve item as this world market is in complete turmoil due to the Pandemic. We expect orders to start shipping sometime the end of next week without any further issues however our shipment is very small and won't last. Thank you for your patience. I will have an update on our industry and some of the largest companies in our industry and Xchange of America's future growth in the coming weeks. Stay safe!
Here's an interesting email that was sent to me today. I don't know if the translation is correct, but if it is....holy crap...!
Subject: Egyptian TV
OMG....are we not the biggest joke in the world now!!! Some of us know it but it is hard to actually
EGYPTIAN TV ( 2 minutes)
They certainly don't mince any words.
Muslim world reacts to Obama's latest speech
DEKALB COUNTY, Ga. —
The FBI raided a DeKalb County home and business Wednesday morning.
Our cameras were rolling at a currency exchange company on Buford Highway and a house on East Brookhaven Drive as agents removed boxes of evidence.
FBI agents, along with the Brookhaven Police Department, descended on the home before 7 a.m. and stayed through the day.
We first showed you the scene on Channel 2 Action News at Noon, and again on Channel 2 Action News at 5 p.m. as agents continued to go in and out of the home.
Agents were seen taking equipment in and removing plastic gloves when exiting the home.
All day neighbors were quiet, but curious. Some took pictures of what was happening at the corner house. Neighbors tell us businessman Ty Rhame lives in the home with his wife and young child.
Neighbors said Rhame is in the foreign currency business.
Rhame's business, Sterling Currency Group, was the location of the second raid involving Brookhaven police, the FBI and U.S. Marshals.
Channel 2’s Wendy Corona saw one marshal take a sledgehammer to Rhame's 4th floor unmarked office suite at the Druid Pointe Building.
When asked to elaborate on the details behind the search warrants and what officials were gathering in the raids, the FBI sent a statement saying they are "not in a position to discuss the details of those searches at this time."
I had a question. Before anyone tells me options are garbage and don't buy them believe me I've never been a fan of them, I personally would much rather hold physical currency, plus personally I doubt that many if any dealers actually have the physical Dinar to back options.
That said I've recently heard some people saying that if the RV happens and they have an option tehy will be able to use their profits from the option/reserve to buy the DInar. For example if the Dinar comes out at 1:1 and they have 10 million on reserve. My thinking is you need to have the $15,000 or whatever it is to buy the Dinar you have on option. It seems some people say you can use your profits from the RV to pay that amount.
Just curiuos from anyone who has used layaways if you know how that works. I have a coworker who seems to think he doesn't need a penny in his account he'll just use his profits to buy it. I told him I don't think thats how they work.
There's some guy on twitter and youtube with a channel called TNT Tony BS or something like that. Over the weekend he was tweeting and posted an audio tape of like 30 seconds in which apparently somoen who supposedly works for sterling is saying they paid TNT Tony a flat fee. there wasn't a lot of context but the person said something like I joined the company in such and such year and inherited this relationship.
Like I said there wasn't much context to the call aside from the breif clip and one persons voice was distorted mechanically or whatever.
Was just curuios if anyone else has seen this clip and if so what this is all about?
Here is the video...
Testing the Rocker Badge!