Tuesday, April 15, 2014

4-15-2014 Newshound Guru Tlar

4-15-2014   Newshound Guru Tlar   So the CBI has decided to reprint these notes while they have no value and either release them at the same time as the smalls or a little before they release the new smalls.  Iran has been counterfeiting the large 3 zeros notes exclusively (5000, 10,000 and 25,000 notes) because of value.  The lower notes the 250, 500 and 1000 up until now have values less than a dollar so they haven't been worth Iran's time or money to counterfeit.  When they delete the zeros this value will astronomically go up and Iran is ready to counterfeit them. Because of the sophistication of Iran's distribution system, within a week Iran will be selling these new couterfeits into Iraq.  So the decision to re-print these bills is a prudent one IMO.  [post 2 of 3....stay tuned]