January 18, 2014 1,145 Views

Iraqi Dinar on Layaway

One of the popular methods for making an investment in the Iraqi dinar is by way of purchasing an amount of currency by paying a small deposit and then for example pay the rest of the balance over 90 days? or longer.

An example being Sterling Currency Group:

A simple and convenient payment plan. A 10% payment will lock in your rate and begin a 90-day Layaway. You make two additional 10% payments, which are due at the 30 day mark and the 60 day mark. And the 70% balance is due at the 90 day mark. source Sterling Currency Group.

2C406 /%

As you can see you for 10 Million Dinars you would pay a small payment of 10% now, 10% in 30 days time and then another 10% on the 60th day followed by a final payment on the 90th day to complete the balance.

Fantastic!

Super convenient and allows you to extend yourself further than you would normally be able to purchase.

But the problem is the Gurus are so sure that today, this week etc is the day! As we have seen this is not the case.

Now the reason for this posting is to look at some information that we have come across:

RE: Tampa Dinar will now have the Financial Stability of Dinar Inc. behind it.

Jeff and Tampa Dinar (legal name T. P. Trade) at one time was one of the Biggest Dinar dealers in the United States. Tampa Dinar recently fell on very rough financial times and reached out to us here at Dinar Inc. for help. To make a long story short over $150,000 U. S. Dollars or 170,000,000 Iraqi Dinar of paid orders is owed to customers of Tampa Dinar, which they cannot fulfill. In short, the people would lose their money.

Dinar Inc. has decided to fulfill all of these orders. Why? Sometimes in life it’s more than just about money it’s about people, “The People of our Dinar community”. The Tampa Dinar name is taking on a new beginning with the financial stability of Dinar Inc. behind it.

We, here at Dinar Inc. will continue to expand around the country as we have over the last 24 months, with 8 national offices now. We will continue to provide the financial stability to each and every one of our Dinar, Dong, and Rupiah customers, or any of the 70 currencies we offer. You can take comfort in this financial stability that Dinar Inc. exudes with no worries and complete confidence.

In closing, we believe here at Dinar Inc. good goes around. If you do the right thing not sometimes but all the time, good things always come your way! This was not a smart financial decision for us but the right thing to do, and maybe over time we will earn it back with good will.

Thanks for your time!

Sincerely,

Robert M. Hoffman, Jr.

President / CEO

Hypothetically speaking if the Iraqi dinar revalued what would happen to these Dinar sellers? I suspect there are millions of dollars worth of Iraqi dinar on layaway. Do you really think they have those Dinars stored ready for your final payments to have been made? Just curious.

The question is, where is that $150,000 USD that could not be fulfilled?

Of course an Iraqi Dinar layaway is technically an option, since none of the brokers are licensed to sell options they have renamed it to layaway. But they are effectively giving you the right/ the option to still buy the dinar at the rate you locked in today. So you are able to leverage yourself and lock yourself in at the super low price.

Pretty much everyday since 2004 we have hear about an imminent dinar revaluation. This is big business for the Dinar Brokers and although they are unable to directly hype the dinar community they certainly do not need to knowing they have Gurus to do it for them. how convenient.

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