Thread: Good example of a Historic Reval

West Germany, late 1960s

Deutch Marks were pouring into the country in anticipation of a reval for no other reason than to PROFIT.

Result:

"West German foreign-exchange reserves rose from US$2.7 billion in December 1969 to US$12.6 billion by December 1971, and to US$28.1 billion by September 1973. "

Originally Posted by The_Mad_Scot

West Germany, late 1960s

Deutch Marks were pouring into the country in anticipation of a reval for no other reason than to PROFIT.

Result:

"West German foreign-exchange reserves rose from US$2.7 billion in December 1969 to US$12.6 billion by December 1971, and to US$28.1 billion by September 1973. "

Did anyone profit from this. When I first got involved with Dinar, I told a friend who mentioned the Deutch Mark, saying that no one made money, because to cash in you needed a German Passport..Can you comment on this.
Thanks, Barmurphy

Need a passport? Boy that's a good way to tee-off a whole lot of investors.

25.4 Billion dollar profit in less than 4 years.

How can anyone say no one made money?

If no foreigners made any of that, realize they did not have the technology we have today. (internet to name one tech) That is what makes this investment different.

Originally Posted by barmurphy

Did anyone profit from this. When I first got involved with Dinar, I told a friend who mentioned the Deutch Mark, saying that no one made money, because to cash in you needed a German Passport..Can you comment on this.
Thanks, Barmurphy

I FOR ONE WOULD CERTAINLY LIKE TO SEE MORE FACTUAL INFORMATION that proves we will not have some challenges when we go to exchange our dinar at reval time. Who has the FACTS that this will be as simple a transaction as walking into the bank to buy them. No speculation here, just the facts please.

Originally Posted by Sudden Impact

I FOR ONE WOULD CERTAINLY LIKE TO SEE MORE FACTUAL INFORMATION that proves we will not have some challenges when we go to exchange our dinar at reval time. Who has the FACTS that this will be as simple a transaction as walking into the bank to buy them. No speculation here, just the facts please.

My banker at Chase Bank told me that I would not have any trouble exchanging (cashing in) my dinars now or after the reval. She told me that I could walk out with cash the same day or have it deposited to my account. for reval.

Outstanding RfxLady!

awesome news to hear, thanks RfxLady!
i have a knot burning a hole in my pocket to change..bring on the RV people..

WOOT

I talked to a co worker today, who has a husband that is a banker with Key Bank in WA. I asked her if she knew if they deal in the dinar and she said yes ,as her husband knew of the the reval and owns dinar. Looks like a place to go when it happens. Whoooooot

Originally Posted by agtcarpetman

I talked to a co worker today, who has a husband that is a banker with Key Bank in WA. I asked her if she knew if they deal in the dinar and she said yes ,as her husband knew of the the reval and owns dinar. Looks like a place to go when it happens. Whoooooot

Have had an account with Key in Ohio for 20 years. When I talked with my banker there, I was told they did not sell or exchange dinar and did not know if they ever would. That's why I opened a Chase account.