Why your local banker is wrong about Dinar

1. Why your local banker is wrong about the Dinar ? Dinar Insider http://DinarInsider.com

2. There are many great resources on Dinar investing, but most local bankers aren’t among them. Local Bankers

3. We Have Some strong reasons to ignore banker's advice. Reasons to Ignore Bankers’ Advice.

4. Conflict of interest Any banker’s first responsibility is to promote services offered by their company, Bankers and brokers are typically paid by commission and they receive bonuses for their sales, which means they are likely to ignore any financial product not sold by their own companies. In 2007, Rob Kindler, a vice-president for Morgan Stanley, warned that bankers needed to act to avoid these conflicts of interest. Goldman Sachs created new policies to deal with conflicts in 2012, but few other banks have introduced reforms.

5. Lack Of Foreign Currency Knowledge When you’re buying Dinars, you shouldn’t rely on advice from a financial professional who doesn’t understand the global currency markets. Local bankers often discourage customers from purchasing foreign currencies simply because they don’t have much knowledge of Forex markets. It’s better to speak with an expert who understands the market.

6. Political Biases Most bankers have similarly-biased views of Iraq. They haven’t noticed the steady stream of news articles about Iraq’s rapidly-growing oil industry, or the fresh, stable new government. You should avoid the advice of under-informed people, and do your own research into the Iraqi success story.

7. Risk Management Banks have also managed their own risks. They have moved away from trading highly volatile securities in recent years, especially after Jamie Dimon cost JPMorgan Chase $2 billion in trading losses. Banks are often worried about Middle Eastern currencies in general. Many banks are reluctant even to purchase 500 riyal Saudi notes, because they only understand their own tiny local market niches.

8. Do Your Own Research… People understandably turn to their local bankers and brokers for investment advice. Unfortunately, bankers are strongly biased toward their own products, so they discourage investors from considering other, potentially-higher-gaining investments. We Suggest You To Do Your Own Research To be successful, Dinar investors should use multiple sources of information.

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