MarkZ

  [via PDK]   Comment:  Some are saying the dinar is $6.08 according to their TV news.   MarkZ:   I have not heard from my contacts it was actually on their TV…but there are lots of rumors in that price range. Question:  Melanie Hinds says the rate is $4.81 on the back side of forex…what does that mean?  MarkZ:  They have seen some rates bouncing that show as a “hold” …That is one of the rates they have seen the last couple of days…. Every so often they see fluctuating rates, but they are not allowed to trade them but-between that price figure of $4.81 and the rate of $6.08 is kinda the range rates have been fluctuating. That is what I was told by folks that work in the industry. I believe they could be testing rates and the impact on other currencies. Forex people also believe we are very close. And they to have to prep their systems and be ready. They need to be prepared at a moments notice.  My gut feels the rate will be somewhere in the high $4’s…