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Monday Noontime Opinions @ 12:22 PM CDT - 3/29/2021


ronscarpa
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Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. :twothumbs:RON

 


*** Breitling *** Question: [My big worry when the time comes to cash out is that the currency traders are the only avenue for exchanging the dinar. Currently they are getting around 20% of that.  Is that a fact?]  Yes it is.  Every business model there is you charge 20%...you get a 20% return at a minimum.  They're not doing anything out of what everybody else is doing.  [Q? : If that is so, who can we trust?]. Banks.  Banks will be competing for the U.S. dollar...I bought all of my currency from a bank.  I didn't buy it from a currency trader..(post 1 of 2)..

 

 

*** Breitling ***  I think it was at 1 or 2 percent charge or whatever it was...don't worry about it.  Once there's value added to it and people start to exchange and they banks] see they will be able to make money off of the exchange...they are going to fight for your currency.  Not only that but the traders that are out there where a lot of people bought their currency are going to be fighting for the currency.  Period end of story.  It's going to be a competition and you're going to be sitting in the driver's seat.  That's not going to be a problem..(post 2 of 2)..

 


*** Footforward *** [Q? do you mind sharing again what rate range you’d expect dong to revalue at, in your opinion..?] 15 cents I think is very reasonable. In my opinion. 25 cents would be on the high end in my opinion.

 

 

:salute:

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