{"id":17932,"date":"2019-09-15T08:09:06","date_gmt":"2019-09-15T13:09:06","guid":{"rendered":"https:\/\/www.dinarupdates.com\/observer\/?p=17932"},"modified":"2019-09-15T08:11:13","modified_gmt":"2019-09-15T13:11:13","slug":"breitling-52","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=17932","title":{"rendered":"Breitling"},"content":{"rendered":"<p><span style=\"color: #800000;\"><strong>Breitling &#8211; Dinar Guru<\/strong><\/span> <em>Why are [brokers] willing to pay a lot more than they used to to buy your dinar back?<\/em> <strong>They&#8217;re selling it to these guys [large currency investors] that&#8217;s why. It&#8217;s that simple&#8230;It&#8217;s hard getting money out of Iraq.<\/strong> It&#8217;s not easy. It would come from Iraq to Jordan to the United States. And from the banking industry in the United States it went from the [CBI] auction floor to Bank of America to Chase Bank. And that&#8217;s where I bought my currency &#8211; Chase Bank. So that&#8217;s a couple routes on how that currency gets here. <strong>But it&#8217;s dried up. That system doesn&#8217;t work anymore. So there isn&#8217;t as much dinar in the market&#8230;<\/strong><\/p>\n<h2><span style=\"color: #0000ff;\"><em>BGG ~ I beg to differ with Breitling&#8217;s synopsis as to why brokers are willing to &#8220;pay a lot more&#8221; than they used to &#8211; to buy Dinar back.<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>It&#8217;s because THEY HAVE TO. When we (Dinar Updates \/ The Dinar Exchange) first got into the &#8220;Buy &#8211; Sell&#8221; market we did two things:<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>1) We started paying A LOT more than everyone else as a &#8220;Buy-Back&#8221; price. We still are. We currently pay $850 per million (for uncirculated). Quick turn &#8211; no gimmicks.<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>2) We also started selling for A LOT less than everyone else.\u00a0<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>Our current sales price is $975 per million (shipping included).<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>The spreads these jokers were making on people were JUST RIDICULOUS. They were paying $500-600 on the buy side and then getting $1100-1300 on the sell side. CRAZY!!<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>It just wasn&#8217;t fair at all.<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>The real reason they are paying more &#8211; isn&#8217;t that they are &#8220;willing to&#8221;&#8230;<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>It&#8217;s that they HAVE TO.<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>If they don&#8217;t &#8211; they won&#8217;t get any and they won&#8217;t be able to compete.<\/em><\/span><\/h2>\n<h2><span style=\"color: #0000ff;\"><em>It is just that simple &#8211; economics in action.<\/em><\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Breitling &#8211; Dinar Guru Why are [brokers] willing to pay a lot more than they used to to buy your dinar back? They&#8217;re selling it to these guys [large currency investors] that&#8217;s why. It&#8217;s that simple&#8230;It&#8217;s hard getting money out &hellip; <a href=\"https:\/\/dinarupdates.com\/observer\/?p=17932\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-17932","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-4Fe","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/17932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17932"}],"version-history":[{"count":1,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/17932\/revisions"}],"predecessor-version":[{"id":17933,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/17932\/revisions\/17933"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}