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Speculator spoke with XchangeofAmerica about Reserves
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Speculator spoke with XchangeofAmerica about Reserves
Speculator
8/4/2015 08:58:23
For anyone interested, I actually just got off the phone with a manager over at XchangeofAmerica.com.
They said the change in policy was done as a pro active measure due to the intensifying government scrutiny of currency dealers capitalizing because they promote a revaluation of the currency they are selling as a reserve. It is similar to an option structure, and you can not do that as a licensed currency dealer. It was a very greedy way to make more money on an already high premium profit margin.
He also shared that the FBI is closing these operations down, and that they did not want to be the next due to violation of the currency dealer regulations.
He also agreed that America is a free country, and his company is supplying the demand. If the trend is tulips, then sell tulips.
In my opinion, regardless of what you think about businessmen taking advantage of a trend, I say they have every right to promote rumor and their opinion. The FBI may not think so though.
Be careful and ask yourselves, if you cant see a Qi card with money on it, does it really have another value on it. Look at youtube videos from Iraq malls in Erbil Kurdistan. Look at the pricing. Currency value change? do the conversions. You will discover very quickly whether or not currency has changed in value.
Look up Onyx restaurant in Erbil. Smack dab in the middle of Kurdistan.
My point is don't just listen, look for the truth. If you didn't see it, then look until you verify it.
thank you
8/4/2015 08:58:23
For anyone interested, I actually just got off the phone with a manager over at XchangeofAmerica.com.
They said the change in policy was done as a pro active measure due to the intensifying government scrutiny of currency dealers capitalizing because they promote a revaluation of the currency they are selling as a reserve. It is similar to an option structure, and you can not do that as a licensed currency dealer. It was a very greedy way to make more money on an already high premium profit margin.
He also shared that the FBI is closing these operations down, and that they did not want to be the next due to violation of the currency dealer regulations.
He also agreed that America is a free country, and his company is supplying the demand. If the trend is tulips, then sell tulips.
In my opinion, regardless of what you think about businessmen taking advantage of a trend, I say they have every right to promote rumor and their opinion. The FBI may not think so though.
Be careful and ask yourselves, if you cant see a Qi card with money on it, does it really have another value on it. Look at youtube videos from Iraq malls in Erbil Kurdistan. Look at the pricing. Currency value change? do the conversions. You will discover very quickly whether or not currency has changed in value.
Look up Onyx restaurant in Erbil. Smack dab in the middle of Kurdistan.
My point is don't just listen, look for the truth. If you didn't see it, then look until you verify it.
thank you
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Speculator spoke with XchangeofAmerica about Reserves
XchangeofAmerica wrote:
They said the change in policy was done as a pro active measure due to the intensifying government scrutiny of currency dealers capitalizing because they promote a revaluation of the currency they are selling as a reserve.
It is called CYA - Covering Your Ass. Dealers are afraid of being in the radar and next on the list of the FBI and other Agencies.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Speculator spoke with XchangeofAmerica about Reserves
You're right Ponee, they will try anyways," He also agreed that America is a free country, and his company is supplying the demand. If the trend is tulips, then sell tulips." That's what dope dealers think too LMAO. The problem with stopping them now is that the law was already broken. It seems like they knew they were doing something illegal to begin with and they are stopping now bc other people are getting arrested LMAO
kenlej- GURU HUNTER
- Posts : 1476
Join date : 2013-12-23
Age : 69
Re: Speculator spoke with XchangeofAmerica about Reserves
XchangeofAmerica.com and Dinar Inc. is owned by the same person.
https://www.dinardaily.net/t45665-dinar-inc-layaway-program-history
Have you noticed that their ads have been removed on some of the Guru's webpages?
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24270
Join date : 2015-02-19
Re: Speculator spoke with XchangeofAmerica about Reserves
Rambler Nash, no wonder Xchange of America didn't bad-mouth Dinar Corp, like they did Sterling to me.
crazyjerry123- Active Member
- Posts : 72
Join date : 2015-03-16
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