DINAR ALERT:: Your dinar may be worthless in 60 days... (Part 1)
Published: Wed, 03/04/15
Hi ,
Your 50 dinar notes will be worthless in less than 60 days.
This comes straight from the horses mouth...the CBI.
They made the announcement several days ago and the gurus and
brokers confirmed it.
*** This email is an ALERT email!! ****
If you have a significant amount of 50 dinar notes listen up!
(Even if you don't have 50's, you'll want to see what impact this
plays on you now...and possibly in the future)
First, the retirement.
Yeah, so as you know by now, the CBI came out and announced the 50
dinar note will be retired and worthless after April 30th.
The gurus say they are doing this for several reasons.
1. The note is so small that it's not practical for use in Iraq.
2. That there is or will be confusion between the 50 and the 500
dinar notes.
The good news is most of the online dinar brokers are giving you
the opportunity to exchange your 50's on a 1 to 1 basis for other
dinar
OR
You can exchange for USD at the going exchange rate.
But you must act pretty soon...different brokers have different
rules and different time lines.
As always, do your homework and pick the broker that offers you the
best deal and terms you can live with...
A lot of members purchased 50's thinking if a note was going to be
retired it would be the 25K note...even Guru Breitling said he has
a boatload of 50's...
So you are not alone.
I've got a TON of anxious emails about this whole thing (especially
from those who DO NOT have 50's).
I'll address the most common member concerns and questions in PART
2...
The important thing is you begin to take action on your 50's if you
have them...
Start looking into the different options, decide if you want USD or
dinar and make your plan.
You have time but you want to get started at least researching
now. Time moves faster than we think!
The CBI is giving till April 30th but the brokers must give you
much less so they can make the exchange with the CBI.
So is the retirement a sign of things to come? Is this good or bad for
our investment? What about the 25k, 10k and 5k notes?
Keep your eye out for Part 2 of the ramifications of this on your
dinars...coming to your inbox very soon.
To see the latest guru posts on the matter click here
www.dinarguru.com

talk soon
Blanche
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