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Sunday Early Morning Opinions @ 8:50 AM MDT - 2/04/2024


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... So, take everything with a grain of salt ... :twothumbs: RON 

 

 

Pimpy  We know Iraq is doing everything possible to get back on track and in the good graces of the international community. The problem is they got Iran as one of their neighbors...that keeps bringing all kinds of conflict into their country...Turkey...the Untied States as well as Iran have done bombings inside Iraq. All this is against their sovereignty. These are acts of war. There's not a whole lot Iraq can do about it...The last thing you want to see is Iraq all of a sudden become unstable. 

 

Frank26   Let's say you have 10-20 million dinars and you take it to a bank and you exchange it. No bank in the United States of America is going to hold your millions in their bank. Not physically and probably not electronically...You cannot park that much money in an American Bank. You may have to exchange your money in stages. You have to find protection for you money. The bank is not going to let you put more than they can cover in their bank...Some banks may change that and say we can cover that. Ask the bank... [Look into] Treasury Bonds, annuities...trust funds, property...precious metals...I'm going to diversity in these and many others. [NOTE: Consult your financial advisors at the appropriate time about a diversification strategy that's right for your unique exchange amounts and circumstances.]
 

 

:tiphat:

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Frank26   No bank in the United States of America is going to hold your millions in their bank.  The bank is not going to let you put more than they can cover in their bank.

 

Hey Frankie...the bank will be more than able to cover with that kind of money drawing interests.

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Frank26   Let's say you have 10-20 million dinars and you take it to a bank and you exchange it. No bank in the United States of America is going to hold your millions in their bank. Not physically and probably not electronically...You cannot park that much money in an American Bank. You may have to exchange your money in stages. You have to find protection for you money. The bank is not going to let you put more than they can cover in their bank...Some banks may change that and say we can cover that. Ask the bank... [Look into] Treasury Bonds, annuities...trust funds, property...precious metals...I'm going to diversity in these and many others. [NOTE: Consult your financial advisors at the appropriate time about a diversification strategy that's right for your unique exchange amounts and

 

 

Frankie...the banks will take the dinars, pay the going rate, minus whatever fee's they have, and then send the dinars to the treasury, who will hold them.   Every bank will love to have the money in their bank.   Where do you come up with this craziness?   :facepalm1:

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Pimpy  We know Iraq is doing everything possible to get back on track and in the good graces of the international community. The problem is they got Iran as one of their neighbors...that keeps bringing all kinds of conflict into their country...Turkey...the Untied States as well as Iran have done bombings inside Iraq. All this is against their sovereignty. These are acts of war. There's not a whole lot Iraq can do about it...The last thing you want to see is Iraq all of a sudden become unstable. 

 

Sadly, they are blaming the US for being there.   They do not appreciate the fact that we are there to protect them, and help them get their country in a great position to be part of the world.   They would rather have Iran or Russia be their friend, and we all know how that will turn out!    :shrug:

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