Sunday, February 4, 2024

"RV UPDATE ' BY FRANK26, 4 FEB

 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.]

 Article "Securities: Electronic payment outlets are witnessing significant progress"  There is a massive volume of dinars being moved electronically around the world in many banks.

This week into next week many banks around the world are talking about what the CBI deliver to the GOI and they talk about it in Davos.  They know when it's to be delivered, they know the rate, they know the date, they know everything.  It is approaching us very very soon.  It is highly possible we are right around that two month range based on what I know...It's going to explode.  It's going to climb so quickly...It might happen so fast that it might jeopardize us.  We need to make decision quick...

No comments:

Post a Comment

Kurdistan’s Duhok to complete population census by midnight, 22 NOV

  Kurdistan’s Duhok to complete population census by midnight Shafaq News/ The population census process in Duhok, Kurdistan Region, is near...