Saturday Mid Morning News & Opinions @ 9:44 AM MST - 7/25/2026

[ronscarpa]

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 ... RON 

 

 

7-25-2026  Stephen  Question: ["What do I do when the dinar revalues?  Where do I take my dinar?"] This person told me that I'm going to call this "1-800" number. This person said I'm going to go to a "redemption center", this person said I need to send my money to them so they can verify it and then they would deposit in my bank account.  I'm here to disprove all of those rumors.  Some of them are going to be known scams.  (Major banks who deal with International currencies will exchange them for you.) Whenever there's large amounts of money involved, you have to be very careful and very skeptical of people's motivations. [Rule of Thumb: Treat your dinar notes as if they were US dollars. If you wouldn't do it with your dollars, think twice before you do it with your dinars.]

 

 

[Shedagal]

I have enjoyed watching his videos.  But today his advice was 'step one go cash in'.  Then see wealth advisor to see about protection of assets.  I believe wise counsel before cash in is paramount.  As CPAs told me, an exchange of currency with increase is a taxable event.

[Luigi1]

 Stephen  (Major banks who deal with Int'l currencies will exchange them for you.) Whenever there's large amounts of money involved, you have to be very careful and very skeptical of people's motivations. [Rule of Thumb: Treat your dinar notes as if they were US dollars. If you wouldn't do it with your dollars, think twice before you do it with your dinars.]

 

 

 

Totally agree.  Any large bank that deals in foreign currencies.

Any large bank with De La Rue to authenticate.   Go RV.