It’s amazing that people can’t see their own ignorance some times, but it does validate the definition of insanity…
So here we are kicking off another week of guru gullibility and they’re out in force. I almost had to post a third post other day but just had to take a break from it, so let’s jump back into it.
Frank26 Question: When we go to the bank to trade our IQD will the funds be instantly put into our accounts or will there be a waiting period to access the funds? Instantly because it’s going to be electronic… If you go to the bank and you say I want to exchange a million dinar and they give you a million dollars, you’re not going to have a million dollars in cash… You’re going to have a million dollars electronically credited into your account. Well yes, you’re going to have a million dollars in your account, but it won’t be available immediately. Think about it, you go to the bank and make an electronic deposit, it could take up to 24 hours to properly be credited to your account. According to Chase and BOA, an electronic transfer of funds may take 24-72 hours to be fully available in your account. Secondly, you won’t have an account with more than 250k USD in it because of protection issues. There are strict limitations on the amount of cash you can have available, and most times anything over 10k will have to be requested because that will be reported due to the size of the withdrawal. So YES Virginia, there is a waiting period on a deposit of a million USD, don’t plan on running out to buy that car on the way home from the bank.
And since it’s been a progression of wrong kinda week, Frank26 My bank guy said when the zeros come off the exchange rate you know there’s more after that, but to be honest, you can stop after the term “my bank guy said”. I will continue to repeat at the risk of sounding like a broken record, but if you haven’t seen it proven over and over again, BANK PEOPLE DON’T KNOW ANYTHING, other than the same crap we’ve been told. They have no more valid information than the average joe and will probably know after you that anything has happened. But BWM, ” the screens, the screens, what about the screens?!!” Look, I’ve seen the memos, and heard the excuses on the screens, but show me! Let me see the magic screens that apparently every guru has seen but can’t prove anything happened with. Then, I’ll consider, giving any credibility to bank people. No offense bank people.
More progression of wrong: on the 17th Frank26 They are saying there will be announcement on Iraq’s ascension to the WTO to the public on the 18th. This is obviously something very big because they are marking off the grounds here in the public square for a formal event for citizens to watch. They’re going to have a big celebration for the WTO event it appears. Dude, that tacky wallpaper is making you dizzy, otherwise why would you turn around and say on the 20th, Frank26 I will admit I was hoping they would say something on the 18th about the WTO. They didn’t. [Not a] big deal. How about we just admit your “teams” don’t know diddly? I will give you credit for the admission of being wrong, but you need to do that more often, but then, you and the others would have spend more time apologizing than wasting our time with the initial statements.
Notice how quickly all the WTO talk faded? Now we’re clinging to the arguments over the 50000 note video which was probably published by some crackpot in Michigan looking for hits. I have said I don’t expect to even begin to hear legitimate things until September and possibly first of the year for something concrete. It’s like a buddy of mine, Shasta7 says, he wants to see lower notes and won’t believe anything until he sees them. I feel like that’s one of the major steps to the truth about there being a revaluation, the key is what value and how those notes will be used in the marketplace and how it affects the value of our money outside of the country. Lots of things to ponder, but you know what to look for, and it isn’t coming out of any of the gurus mouth, so keep the faith.
BWM