Friday, March 22, 2024

"RV UPDATE" BY FNU LNU, 22 MARCH

  Fnu Lnu  

There is a debate over using the term "Redemption" instead of the term "Exchange".  What we will be doing is an exchange...A redemption is what you do with poker chips or other tokens. We are exchanging one currency for the equivalent in another currency...What you call it will have NO bearing on your tax status.

 There is NO LOP happening and the 1.32 Dinar to $1 USD is in country as the FOREX numbers will be far more attractive.

"THE OLD IQD NOTES VS THE NEW IQD NOTES" BY FNU LNU, 19 MARCH

  Fnu Lnu  

 On the issue of Old Notes (circulated) versus New Notes (uncirculated) I can tell you this. The "Oil for Dinar" program is very real and those are called Private Placements. They require ONLY uncirculated notes to participate. 

Otherwise, if you aren't in such a Private Placement exchange then it doesn't matter at all. Also, new uncirculated notes of certain serial numbers are going to be used as Bonds. The new Dinar have all the info needed to be used as bonds and it was planned this way before the new notes were printed . They will be used on the unregulated trading platforms in Shanghai as part of certain trading packages.

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 [Reply to Guru Frank26's Dinar on Forex post 3-5-2024 below]  

There is no such thing.  A) The rule of One Price and B) There is no back side or private side to FOREX...With that being said: There are platforms in Shanghai and Singapore that are totally unregulated. 

It is the wild west of commodity trading and they create investment packages where they bundle up packages containing many different speculative investments into a bundle and trade those.  But that isn't happening now either though it was a thing with the IQD several years ago but not now..

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-fnu-lnu-6-march.html

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