Bloomberg News contains BIG lesson for Dinarians. (Remember, just cause this article is older doesn't mean it's worthless)
In an instant fortunes were DESTROYED, for others wealth SKYROCKETED!
I get emails all the time...My banker says the dinar is worthless and always will be. My friend the banker says this. My cousin the banker say that.
Just cause their title is "banker" doesn't mean they know squat about what's really going on. Want proof? Here it is.
You know the dinar rate debate: Who is in control of the dinar rate? Is it the CBI or is it the IMF? Is it in Iraq's hands or not?
Gurus argue BOTH sides...convincingly.
Here's what we know...things don't always go according to the "rules". There can always be HUGE surprises.
Here's the proof...
I already sent you the video of a shocked and shaken Christine Lagarde in response to the Swiss Central Bank's January surprise decision to unpeg their currency and float it. Watch this 3 minute video if you have not already.
Here's what happens in the real world to BANKERS who claim to "know" about currencies...830 million up in smoke.
It's an article from Bloomberg news...read it.
In an instant fortunes were DESTROYED, for others wealth SKYROCKETED!
I get emails all the time...My banker says the dinar is worthless and always will be. My friend the banker says this. My cousin the banker say that.
Just cause their title is "banker" doesn't mean they know squat about what's really going on. Want proof? Here it is.
You know the dinar rate debate: Who is in control of the dinar rate? Is it the CBI or is it the IMF? Is it in Iraq's hands or not?
Gurus argue BOTH sides...convincingly.
Here's what we know...things don't always go according to the "rules". There can always be HUGE surprises.
Here's the proof...
I already sent you the video of a shocked and shaken Christine Lagarde in response to the Swiss Central Bank's January surprise decision to unpeg their currency and float it. Watch this 3 minute video if you have not already.
Here's what happens in the real world to BANKERS who claim to "know" about currencies...830 million up in smoke.
It's an article from Bloomberg news...read it.
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