The Iraqi Dinar has risen slowly but surely and if you purchased this several years ago you are up about 20 to 25% now. Not bad when you look at what the stock market has done and compare that to the nice appreciation of your dinars.
The rise in the price of oil in the future will help the Iraqi economy and the dinar greatly.
You only need to be worried if you are a terrorist.
So what if the FBI calls or is tapping your line,
Once upon a time there were these concepts called liberty, freedom and privacy (nowdays all encompassed by the word thoughtcrime). Im not sure about anyone else, but I look back on those days fondly.
__________________
*As is true of all witch-hunting groups, the greatest sin was not so much the specific transgressions of the member, but any refusal to sanction the heresy-hunting procedure itself. - Rothbard
* Ron Paul for President
As with all investment, buy low sell high, so I have to laugh when I hear that the Iraqi dnar isn't worht the paper it is printed on. This is actually true since the new currency is the latest high tech anti counterfiet just like US worthless currency is. Sort of like the issue with the penny, it costs more to mint than it is worth. (g)
So with that in mind, knowing that the currency is worthless in many peoples minds, technically, it is worth more than you think. As a newly minted currency, there is no way they will go through another currency exchange, and because Iraq is in the news 7/24/365, what other currency is so well promoted without it being on exchange yet.
Those who talk about civil war, this is even more interesting given Iraq has been in civil war for centuries. Just because one side of war was government does not make it any less a civil war, now does it? Heck, for as little as $30. your can receive a sample pack of uncirculated currency and who knows, perhaps peanuts can turn into millions some day, but go down, that would be hard to imagine. LOL
Just found this information on a website that has nothing to gain by giving out this info. They are not selling any Dinars themselves. Unfortunately they're not taking on any new members at the moment.
When the Dinar pegs, those dinars sitting in that box under your bed will be worthless.
Outside of Iraq = Worthless Buying paper Dinars = Worthless Dinar = $0
Your investment HAS to be in an Iraqi bank becausethe Dinars have to be in Iraq in order to turn profit when the peg happens.
Anyone who sells dinars is a thief, a lier, and a scammer. All of these dinar 4 sale sites are ran by scammers. And if you bought dinars you have been scammed.
Last edited by GoldenNegress : 09-18-2005 at 12:14 PM.
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I've even asked my economics lecturer and he says it not a good risk or an investment but merely a gambl! But then again so are HYIP's and even if it doesnt work out, atleeast you'v got something to show for it!
Sadly this is the only program I can promote as so many others are scams, but I have no worry you will be happy with the service you receive from this site.
I've even asked my economics lecturer and he says it not a good risk or an investment but merely a gambl! But then again so are HYIP's and even if it doesnt work out, atleeast you'v got something to show for it!
Funny,
Every so called economic expert I have talked to says the same thing, it is a gamble. I laugh every time I hear it as they said the same thing when the Kuwaiti dinar tanked, and came back, slowly, but it did come back. (g)
I don't think this is a gamble at all, and I love to gamble, but this isn't one of them. With almost 85% of national debt forgiven, plus the third largest oil reserves, never mind the new reserves just identified, combined with number one in gas reserves, and then add to it the billions US is throwing at Iraq to insure democracy and a stable government, how could this be a gamble even if their were an all our civil war, the fact remains, Iraq needs money to purchase goods and services, so where is the gamble? (g)
Every so called economic expert I have talked to says the same thing, it is a gamble. I laugh every time I hear it as they said the same thing when the Kuwaiti dinar tanked, and came back, slowly, but it did come back. (g)
I don't think this is a gamble at all, and I love to gamble, but this isn't one of them. With almost 85% of national debt forgiven, plus the third largest oil reserves, never mind the new reserves just identified, combined with number one in gas reserves, and then add to it the billions US is throwing at Iraq to insure democracy and a stable government, how could this be a gamble even if their were an all our civil war, the fact remains, Iraq needs money to purchase goods and services, so where is the gamble? (g)
Good luck to all, Mike
Ah! This is a classic "PUMP AND DUMP" scheme.
I guess the fact that there are TRILLIONS of dinar in circulation makes no difference to Iraq's bottom line, huh? You don't understand currency valuation if you think that a civil war won't hurt the Iraqi economy and its dinar's valuation (if it even is left with any worth). I almost forgot to mention about the condition of Iraq's oil production facilities. They are JUNK!!! Saddam Hussein left the oil facilities in shambles. Iraq's cities still lay in shambles even after billions of US dollars. I have pictures from a relative in Iraq that shows the real condition of Iraq, overall. It is one big trash bin. My relative calls it like landing in the land of "nowhere".
And Could you provide us a link to your statement about Iraq having the NUMBER 1 gas reserves? I cannot find that anywhere. Also a link about 85 per cent of Iraqi debt forgiveness would be appreciated.
Re: Iraqi Dinar investments
Re: Iraqi Dinar investments
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