iraq dinar investment

Question

Has anyone else heard the sales pitch on the new Iraq dinar? It's simple. Buy Iraq's new money ($700 USD = 1,000,000 dinar) in hopes that the new Iraq goverment can pull together and start to prosper off it's rich oil resoures . It sounds good at first but I'm not sure if the economy will pick up there in the next 20 yrs or not?

Thoughts?

Johnnybad · Answer

Has anyone else heard the sales pitch on the new Iraq dinar? It's simple. Buy Iraq's new money ($700 USD = 1,000,000 dinar) in hopes that the new Iraq goverment can pull together and start to prosper off it's rich oil resoures . It sounds good at first but I'm not sure if the economy will pick up there in the next 20 yrs or not?

Thoughts?

bucknuts · Answer

I saw a thread on another investment site about this..id check it every so often...be worth a shot

wallstreetcappers · Answer

I purchased some Dinar a few yrs ago..it has been set to a flat rate relative to other currencies, translation it is dead money until they stop having it pegged.

I think the peg rate is like 1155 or something vs the USD.

I have a million dinar somewhere around here, I am using it as a coaster for my drink..

Johnnybad · Answer

&#xD;&#xA;that&#x27;s pretty much what I&#x27;m thinking too.

rubberneck · Answer

worthless

LeRinkRat · Answer

I hear they have a GREAT deal on TULIP BULBS in Holland right now

iraq dinar investment

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