[Luma]

Hi,
Has anyone invested in the dinar since the new notes were produced in 2003?
What is the projected world bank value of the dinar in the coming year/s?
I'm interested in buying. Does anyone have any good advice about this kind of investment?
Thanks.

[saxifrage]

To me it looks like Iraq is heading towards civil war. Iraqi currency wont be worth the paper its printed on. People are using the massive increase in the value of the Kuwaiti currency after the first gulf war as an example, but this is an entirely different situation.

Just my opinion.

[dinartruth]

Originally Posted by saxifrage

To me it looks like Iraq is heading towards civil war. Iraqi currency wont be worth the paper its printed on. People are using the massive increase in the value of the Kuwaiti currency after the first gulf war as an example, but this is an entirely different situation.

Just my opinion.

[Ginger]

I agree with Saxifrage. I think that after Iraq either enters civil war, or it gets settled that their money wont be worth as much as it is right now. They'll probably print more money and it'll be worth less.

[GoldenNegress]

Originally Posted by Luma

Hi,
Does anyone have any good advice about this kind of investment?

Don't go out and buy paper money.
Even when the dinar becomes worth something, no bank will take it.
Open up an Iraqi bank account.

You can email Warka bank @ c.accounts@warkainvestmentbank.com if you need any info.

[INCOME-LIFE]

Originally Posted by GoldenNegress

Don't go out and buy paper money.
Even when the dinar becomes worth something, no bank will take it.
Open up an Iraqi bank account.

You can email Warka bank @ c.accounts@warkainvestmentbank.com if you need any info.

I had same problem with Northern Ireland bank notes.
My advice also dont touch paper money.
Buy gold.

[SevenFigureIncomes]

What does Offshore Wealth and Einvestor have to say about this dilemma? It doesn't look good. Time to get out the Preparation H. Seven

[arpking]

Originally Posted by GoldenNegress

Don't go out and buy paper money.
Even when the dinar becomes worth something, no bank will take it.
Open up an Iraqi bank account.

You can email Warka bank @ c.accounts@warkainvestmentbank.com if you need any info.

This statement could not be more wrong. I have bought and sold Dinar to Chase bank without a problem. When the value of the Dinar rises, every bank that deals foreign currency will trade them.

[DINARMAN]

Originally Posted by arpking

This statement could not be more wrong. I have bought and sold Dinar to Chase bank without a problem. When the value of the Dinar rises, every bank that deals foreign currency will trade them.

I agree. That comment by GoldenNegress just proves that she doesn't have a clue.
Chase will buy your dinar RIGHT NOW!

[mike963brown]

Originally Posted by DINARMAN

I agree. That comment by GoldenNegress just proves that she doesn't have a clue.
Chase will buy your dinar RIGHT NOW!

and for those who say it is expensive wall/toilet paper, go to chase with those and see what they give you in return??