Many in the dinar community have noticed that Dinar Trade just announced that their business would be conducted by Xchange of America. I think most assumed that this was just a name change or a restructuring of Dinar Trade, but apparently there's a bit more to it.
If you'll go to their website at www.dinartrade.com/ or www.xchangeofamerica.com/ you'll see at the bottom that they're located in Stuart, Florida which is a long way from Santa Monica or Las Vegas, the previous headquarters for Dinar Trade. If this new location sounds familiar, it should. Stuart, Florida is the headquarters for Dinar Inc. You might also notice that the addresses for Dinar Inc. and Xchange of America match. What gives?
What does this mean? Too soon to tell, really. Maybe Ali just got burned out. Maybe he had financial setbacks or legal issues. Or maybe he felt that the time was right to get out of the currency game. But this could also be some sort of merger rather than an acquisition, where Ali will now gain access to Xchange of America's locations. After all, the news came out the same day as the news about money transfer businesses being allowed to set up accounts with the CBI. Who knows? But this is news that the dinar world should be aware of. No cryptic messages or shell games here. Just the facts. Let the discussion begin.