Consider the source crave. :yak:
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Why would the lowly tellers know anything about this? (no disrespect intended there by the way). If the bank staff were aware of the situation then post reval the banks would be like ghost towns and the tellers would be on a beach somewhere sipping margueritas. Also, nobody would be there to exchange your dinars for dollars/pounds/euros whatever.
Unless, of course, the teller you spoke to happend to be an RC member, that would make more sense.
Steve:wink:
Bank employees are speculating like the rest of us. I have witnessed the bank employees buying up dinars.:thumbsup:
Sorry guys & gals, but when the RV happens there is going to be one hell of a celebration in Las Vegas! Our Tax Attorney gets his orders and our Trust Funds get deposits. As for the people in our little part of the world that didn’t listen and buy, we wont be in Dodge to listen to their wining & sniveling.
I think my friend had it right, shake off the dust and head to that South Seas Island that you jut bought and enjoy life. Besides I think it would be fun having your lazy, poor, self-serving, welfare bums for family now having to play the “Where’s Waldo” trying to find you…
DesertWolf :toofunny: :beer::woohoo::cheers:
Spot on. Your insightful and knowledgeable post is much appreciated. There's also the small matter of the lower denominations, which have to be introduced to facilitate a large revalue, as some seem to think is quite within the remit of Iraq's capabilities. I wonder if anyone can throw more light on the lower denoms, as without them a rv is practically not possible at the levels we are expecting.
Wonder what impact the SBA has on all this, as it has been extended to Sep 2007. The dinar rate has expectedly increased in value by 13 odd percent without a short period in time. This was along the expected guidelines of reaching 1260 but was set to be accomplished in the first quarter of 2007. Like you state, it's not possible for anyone to be privy to the exact happenings behind the scene.
Goldraker, I just want to clarify what you mean by the part in red. Did your personal banker direct that comment at you or the tellers. I have an account at Chase and have had the personal banker tell the tellers what they can and cannot do, such as do not sell or buy the Iraqi Dinar. Were the tellers getting guidance from your personal banker regarding that Chase Bank Branches policy on the Dinar or was that personal banker saying to you "Goldraker, do not sell your dinar back to our bank today, you will regret it". It seems by the way that you wrote your earlier message that the personal banker was talking to you, but in your message above are you sure you just didn't misunderstand that he was talking to the tellers? If you could clarify that I would appreciate it. Just your take on the situation is fine.
Thanks,
TT
:cheers:
I found this, but it seems to include foreign exchange in that amount.
Iraq Reserves of foreign exchange and gold - Economy