cgbrown Posted April 22, 2011 Report Share Posted April 22, 2011 I have read many of the 'bank rumors' today and on previous occassions. The difference I notice this time is it seems to be affecting all banks, and in all regions. But the question it raises in my mind is this: Why is only the Dinar being stopped? They are still selling other currencies. Especially since it is legal for us to purchase the 'dinar'. Why would the bank care if we are making a trip to Iraq or not??? And to what business is it of theirs what we do with the 'dinar'. If i want to buy it and wallpaper my office, why would they be concerned??? A point to watch is, if and when all Dealers stop selling. Would this not be a signal of the RV forthcoming. 7 Link to comment Share on other sites More sharing options...
shopgirl---- Posted April 22, 2011 Report Share Posted April 22, 2011 Excellent Point! Link to comment Share on other sites More sharing options...
nyc xtreme Posted April 22, 2011 Report Share Posted April 22, 2011 lol that was hillarious and true!! Link to comment Share on other sites More sharing options...
WorkerBee Posted April 22, 2011 Report Share Posted April 22, 2011 They are mitigating their risk. They don't want to have to defend a bunch of rediculous lawsuits when this rv doesn't bingo like we hoped it would. Why didn't they do it before now? Maybe corporate wasn't aware until some regional manager got up the nerve to say the tellers in their region were getting bombarded with dinar purchases. And then another manager agreed and so on etc. (Bankers are afraid to complain when higher ups are on the call, don't want to be seen as whiners)Then corporate really started to look at what was going on and got legal involved. That's all it took. Shut her down! This is just my humble opinion of course. 7 2 Link to comment Share on other sites More sharing options...
AK47 Posted April 22, 2011 Report Share Posted April 22, 2011 I have read many of the 'bank rumors' today and on previous occassions. The difference I notice this time is it seems to be affecting all banks, and in all regions. But the question it raises in my mind is this: Why is only the Dinar being stopped? They are still selling other currencies. Especially since it is legal for us to purchase the 'dinar'. Why would the bank care if we are making a trip to Iraq or not??? And to what business is it of theirs what we do with the 'dinar'. If i want to buy it and wallpaper my office, why would they be concerned??? A point to watch is, if and when all Dealers stop selling. Would this not be a signal of the RV forthcoming. Very good point indeed! Link to comment Share on other sites More sharing options...
JuryPicker Posted April 22, 2011 Report Share Posted April 22, 2011 They are mitigating their risk. They don't want to have to defend a bunch of rediculous lawsuits when this rv doesn't bingo like we hoped it would. Why didn't they do it before now? Maybe corporate wasn't aware until some regional manager got up the nerve to say the tellers in their region were getting bombarded with dinar purchases. And then another manager agreed and so on etc. (Bankers are afraid to complain when higher ups are on the call, don't want to be seen as whiners)Then corporate really started to look at what was going on and got legal involved. That's all it took. Shut her down! This is just my humble opinion of course. Bull. Sorry, not buying that one. Been doing it for years, corporate just now noticing? Do you realize how many dinars were sold before the end of the year. The sales now are nothing Link to comment Share on other sites More sharing options...
dinarck Posted April 22, 2011 Report Share Posted April 22, 2011 Maybe it has something to do with the Presidental order that expires next month. 2 Link to comment Share on other sites More sharing options...
WorkerBee Posted April 23, 2011 Report Share Posted April 23, 2011 Hey I said it was just JMHO. I'm sticking by it. That division probably got a big pat on the back and some bonuses too for having a banner year in 2010. I just think it took a while for someone with "say so" to look at what was really going on, did a forehead slap and said risk! I see risk! We gotta do something. JMHO! Link to comment Share on other sites More sharing options...
cgbrown Posted April 23, 2011 Author Report Share Posted April 23, 2011 Have any of the 'big dealers' stopped selling??? Haven't heard of any. Link to comment Share on other sites More sharing options...
nointel Posted April 23, 2011 Report Share Posted April 23, 2011 They are mitigating their risk. They don't want to have to defend a bunch of rediculous lawsuits when this rv doesn't bingo like we hoped it would. Why didn't they do it before now? Maybe corporate wasn't aware until some regional manager got up the nerve to say the tellers in their region were getting bombarded with dinar purchases. And then another manager agreed and so on etc. (Bankers are afraid to complain when higher ups are on the call, don't want to be seen as whiners)Then corporate really started to look at what was going on and got legal involved. That's all it took. Shut her down! This is just my humble opinion of course. you would think corp knows people are buyng iqd for speculation/investment. i mean with the large amounts they sell they have to know it isn't for travel use. they have the same customers come in and purchase iqd on a regular basis. don't all transactions end up going back to corp at some point and time? know one knows the true reasons they stopped selling, but surely if they have no clue people are buyng iqd for reasons other than travel then thye need to get some serious re-training done at corp or maybe hire some smarter people.... Link to comment Share on other sites More sharing options...
WorkerBee Posted April 23, 2011 Report Share Posted April 23, 2011 Yep, you would think. Link to comment Share on other sites More sharing options...
hookerwife Posted April 23, 2011 Report Share Posted April 23, 2011 So the question is...how much dinar was 5th 3rd bank purchasing....will we see the effect at the next auction? If the auction amount is down then we should really think....hummmmmmm 1 Link to comment Share on other sites More sharing options...
dinarfarian Posted April 23, 2011 Report Share Posted April 23, 2011 dinar still available at uk banks Link to comment Share on other sites More sharing options...
Rockstar Posted April 23, 2011 Report Share Posted April 23, 2011 Cgbrown that is an excellent excellent analogy great thinking out of the box. I believe that you are 100% correct in that thought pattern! Your post actually made my day this morning, have a great holiday weekend! 1 Link to comment Share on other sites More sharing options...
Dalite Posted April 23, 2011 Report Share Posted April 23, 2011 Maybe it has something to do with the Presidental order that expires next month. Unless Obama renews the EO, it's history .. Link to comment Share on other sites More sharing options...
cgbrown Posted April 23, 2011 Author Report Share Posted April 23, 2011 So the question is...how much dinar was 5th 3rd bank purchasing....will we see the effect at the next auction? If the auction amount is down then we should really think....hummmmmmm 5/3rd ordered theirs through TampaDinar.... don't know if they are involved in the 'currency auction' you are referring to. Link to comment Share on other sites More sharing options...
chilli24 Posted April 23, 2011 Report Share Posted April 23, 2011 (edited) Unless Obama renews the EO, it's history .. The EO has nothing to do with investing in Dinar, it is concerned with investing in Iraq business/oilfields/infrastructure.... Edited April 23, 2011 by chilli24 Link to comment Share on other sites More sharing options...
Danneedsrvnow Posted April 23, 2011 Report Share Posted April 23, 2011 I have read many of the 'bank rumors' today and on previous occassions. The difference I notice this time is it seems to be affecting all banks, and in all regions. But the question it raises in my mind is this: Why is only the Dinar being stopped? They are still selling other currencies. Especially since it is legal for us to purchase the 'dinar'. Why would the bank care if we are making a trip to Iraq or not??? And to what business is it of theirs what we do with the 'dinar'. If i want to buy it and wallpaper my office, why would they be concerned??? A point to watch is, if and when all Dealers stop selling. Would this not be a signal of the RV forthcoming. You mention "all banks".......I have only read 5/3 & BOA. Has it affected others that has been verified by members here? Link to comment Share on other sites More sharing options...
LittleMissGrits Posted April 23, 2011 Report Share Posted April 23, 2011 The EO has nothing to do with investing in Dinar, it is concerned with investing in Iraq business/oilfields/infrastructure.... and once Iraq gets their footing under themselves, no doubt investing there will be like investing in China, Mexicao or Indonesia ... it will happen as a matter of course! Link to comment Share on other sites More sharing options...
tandy Posted April 23, 2011 Report Share Posted April 23, 2011 My bank doesn't even know what an iraqi dinar is! Both employees thought it was some kind of pastry. (big bank) :lol: Good post, everybody needs to think outside the box. Link to comment Share on other sites More sharing options...
Bobbysac Posted April 23, 2011 Report Share Posted April 23, 2011 TD bank still sells dinar as of 12:30pm eastern time ,in south east ny Link to comment Share on other sites More sharing options...
keepmwlknfny Posted April 23, 2011 Report Share Posted April 23, 2011 The EO has nothing to do with investing in Dinar, it is concerned with investing in Iraq business/oilfields/infrastructure.... Actually if you read the details of it, it does mention the currency...... 1 Link to comment Share on other sites More sharing options...
coldwarvet Posted April 23, 2011 Report Share Posted April 23, 2011 Thanks for the clarification, keepm. One of the reasons many of us got into this to begin with. Link to comment Share on other sites More sharing options...
chilli24 Posted April 23, 2011 Report Share Posted April 23, 2011 Actually if you read the details of it, it does mention the currency...... Actually it only mentions financial instruments made mrom the sale of petroleum products, not currency. It is saying you can make money from your investment in Iraq petroleum. Link to comment Share on other sites More sharing options...
ybass Posted April 23, 2011 Report Share Posted April 23, 2011 I just called 3 currency exchange stores in florida....and there still selling IQD Link to comment Share on other sites More sharing options...
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