Iraqi Dinar Investment?

[Hoovie]

Originally Posted by Jermyn Davidson

I had just began to look into this back in October 2008, right before I lost my job.

I could not find any information on how to go about investing in the dinar.

My bank did not offer this service and told me that I would have to find some one on my own.


So do you have any idea how I could go about doing this, even today, if it's not too late to reap any major profits?

Don't want to be a wise crack here... and I am sure you already know this, but please don't invest money in this that is borrowed or that you can't afford to lose...

[ILG]

Originally Posted by Hoovie

The best way to do it is throw an event called a "Dinosaur".

Have lots of finger foods for everyone and show all the different species from fossil samples.

Then crank up the music to "Everybody do the Dinosaur" and just watch as people will beg to book their own parties!

And then do you charge to throw the party? What if you don't want to throw a party but you would rather sit anonymously behind a computer screen and type to make money?

[ILG]

Originally Posted by Hoovie

Don't want to be a wise crack here... and I am sure you already know this, but please don't invest money in this that is borrowed or that you can't afford to lose...

Amen to that. This investment is only for throw away money.

[mfblume]

Originally Posted by Jermyn Davidson

I had just began to look into this back in October 2008, right before I lost my job.

I could not find any information on how to go about investing in the dinar.

My bank did not offer this service and told me that I would have to find some one on my own.


So do you have any idea how I could go about doing this, even today, if it's not too late to reap any major profits?

It is a high risk and folks claim it may never happen. If they change the currency, the loss is plain. However, the currency was only made a few years ago.

You can get hold of dinar at some websites such as http://dealorbuydinar.com or http://dinarbanker.com

Here is the info provided about it:

A historical and geographical comparison:
Kuwait
Prior to Saddam Hussein’s invasion of Kuwait in 1990 one Kuwaiti Dinar was worth $2.79 U.S. Dollars (USD.)

After Saddam Hussein’s invasion of Kuwait the Kuwaiti Dinar plummeted to a value of $.10 on the Dollar.

When the U.S. lead coalition removed Saddam the Kuwaiti Dinar could be purchased for pennies on the Dollar. Today one Kuwaiti Dinar is worth $3.42 U.S. Dollars (USD).

Keep in mind that Kuwait is the third largest oil producing country in the world…Iraq is second.

The historical and geographical scenarios playing out in Iraq today:

That’s right, Iraq is the second largest oil producing country in the world or was prior to the First Gulf War. Iraq still has the 2nd largest oil reserve in the world. Saudi Arabia has the first largest oil reserve in the world.

Before Saddam came to power the Iraqi Dinar was worth $3.30 (USD)..

After Saddam lost the war with Iran, the war with Kuwait and after the country was impacted by years of UN Sanctions the Dinar was down to its lowest exchange rate ever. (See graph below)

Prior to the start of Operation Freedom, after two wars and over 10 years of U.N. Sanctions, the official international exchange rate for the Iraqi Dinar was $0.31 (USD).

Today the exchange rate for Iraqi Dinar is close to it's lowest point in history, .00068, after bottoming out at .00027. Of course you have to be in Iraq in order to get that rate. At the present time it's only a local currency. Speculators are waiting for high returns should it to become a global currency again sometime in the future.

Acquiring Dinar here in the states is primarily done through independent dealers since it isn't being carried by banks and is currently not internationally circulated. You may pick up 1 million Iraqi Dinars from a reputable dealer here in the States for under $1000 or $.001 (USD). That’s 1/10 of 1 U.S. penny.

[mfblume]

Donald Trump bought $30 million worth of Dinar. If a person spent $100, and nothing ever came of it, it would be no loss. But it would be great returns if it came through!

Word now is that the RV (revaluing) will occur Mid January. It did not occur Dec 31 since there were not enough smaller denominations of the currency to flow through the country, and last week they scrapped the bid to get the money printed by De la Rue in the UK as part of the budget they were settling on.

We now confirm is the Trump Big Buy Into Dinar rumor, and true to his statement It’s time for all of us to diversify our assets and take back the American dream” Donald may well obtain another American Dream of turning 30 million into 30 billion!

When will the Iraqi Dinar be revalued?
How will the Iraqi Dinar be revalued?

By James A Smith


When will the Iraqi Dinar be revalued?

The Iraqi Dinar has been worth over 3 US dollars for every Iraqi Dinar, historically. To say it another way, 1 million Dinar has been worth well over $3,000,000.00 US dollars. So, the question still remains: When will the dinar climb in value or return to its previous levels.

Everyone knows Iraq is an extremely wealthy country when you look at their natural resources and potential GDP. This is reportedly, one of the basic elements why the United States and the United Nations is involved in stabilizing its economy with our current intervention. Iraq has at least the second largest oil reserves and natural gas reserves in the world, not counting the newly discovered ones in the US..Additionally, Iraq is some of the world’s cheapest oil to drill and refine—the oil is very “rich” and close to the surface with few impurities or hindrances to drilling. Iraq’s cost to produce per barrel oil is minimal compared to other world oil producers. In other words, Iraq’s profit margins on their oil production are some of the highest in the world. The United States has completed the largest US Embassy in the world located in Bagdad. The bottom line is that Iraq is one of the wealthiest countries in the world.

It is very unlikely that world powers will allow Iraq to decay into a state of insecurity. Iraq is a strategic Middle Eastern country with tremendous potential wealth. It is in the best interest of every Western country and most Middle Eastern countries for Iraq to succeed as an independent stable economy and country. No Western or Middle Eastern country is going to stand by while Iraqi’s vast oil reserves and wealth fall under the control of a neighboring rouge country or insurgency.

The Iraqi Dinar history has demonstrated a strong potential for investment. In the very recent past, the Iraqi Dinar was worth over 3000 times its current value.

When the Iraqi Dinar increases in value to align in value with other currencies of the Middle Eastern countries, it would result in over a 250 times increase of its current value. When the Iraqi Dinar does reach a value of its historical rate of $3.48 US dollars per Iraqi Dinar, an Iraqi Dinar investment for 1 million Iraqi Dinar would be worth $3,480,000 US Dollars.

To the point, the Iraqi Dinar is currently at an extremely low valuation compared all other world currencies, which would make a very lucrative investment for anyone. The investment community is currently watching everything for signs of upward movement in the value of the Iraqi Dinar. ...

“A twenty-seven dollar investment today could be worth seventy-five thousand dollars if Iraqi Dinars are revalued to historical values.”

Back in 2009 these were IRAQI DINAR REVALUATION INDICATORS & SIGNS

· Rumors of Donald Trump investing Millions in Iraqi Dinars
· Iraq oil field contracts being let.
· Iraq Financial Ministry
· Large world corporate investments in Iraq infrastructure
· Obama election cause ease of middle east tensions against US
· US Secretary of State – Hillary Clinton’s recent remarks about Iraq becoming one of the richest countries in the Middle East.