I just finished watching the second dinar webinar that American Contractor produced live in front of his loyal audience in early december 2013. This time there was a sleek focus on the visual presentation where Rich Morris made use of various intel source pages centered around his discussion. Here are some of the highlights from another very informative, from the cuff, high power Dinar information delivered by American Contractor:à
“Will there be a new currency in 2014?”, question from attendee named Todd.
AC- “They don’t need an RV to redo the currency. They have not got to that step yet”
“Revaluation in the near future? Not in 30 days like all the gurus are proclaiming?”, from attendee Sadie.
“Terrorism, money laundering, counterfeit problems in Iraq (need to be addressed), Travel to all the banks in Iraq, to deliver the new currency”, AC was discussing a very important point that I never realized myself till now. Any changes in the Iraqi dinar currency will require very complex security to deliver the banknotes to all the banks in all the cities in Iraq. The country just does not seem ready for this undertaking as of yet, my words not AC.
“Are contractors being paid in USD or Iraqi Dinar?”, asks an unnamed attendee.
“US government contractor will most likely get paid in USD, Iraqis get paid in Iraqi Dinar.”
American Contractor explained a very profound situation in the Iraq banking system. If you open up an account at Bank of Baghdad branch 1, and wait for your debit card to arrive within 2 weeks, your bank debit card will only work at that bank and not their other locations even in the same city. Imagine doing business from one bank to another, one city to another in Iraq.
“Takes years to get trained on (banking) software”, AC explains.
So what is the Iraq security situation like in the month of December 2013, lets take a look at the 2nd of december. In Sulaimaniyah Iraq, there was an attack, this was once a safe city in the past. Two Peshmerga officers wounded. Just not the right time to be moving multi million dollars of currency around in Iraq for a new banknote or let alone an RV.
236 Kuwaiti citizen corpses found in Iraq from the Gulf War. This is creating a RIF between the Kuwaiti and Iraqi government because Kuwait had been pressuring Iraq for years to find these bodies. Now that they are found, it does not impress Kuwait to have this all over the news but Iraq government is taking advantage of the accomplishment.
“If they find this there is probably a little bit more”, AC speaking about the body count regarding the Kuwaiti citizens in Iraq discovery.
Prescription drugs is booming in Iraq due to the living conditions. A sad situation indeed.
“What about an RV $1.80US to 1 dinar”, an unnamed attendee asks the legendary dinar rv question.
“I don’t give any kind of information like that, I would be doing a dis-service if I gave information like that. I don’t think anything will happen before the election, if anything happens.”, words from the man who has a passion for the dinar and boots on the ground experience in Iraq.
Visit this link to see the actual Iraqi Dinar webinar #2 recorded by American Contractor in Dubai.
Parts of this article are reprinted
with permission by American Contractor.
This article is written by DrDinar,
visit here for a 2 minute Dinar video