|
Iraqi Dinar Investment?
Presidential Order 13303 allows US Citizens to invest in the New Iraq. Under this Order and the Coalition Provisional Government Order 39, a US citizen has the same rights to investments as an Iraqi citizen. In fact, you can pick up Iraq Money at your local bank here in the US.
The Iraqi Dinar is a BIG risk and you are gambling that the government in Iraq will pull together and start profiting from its rich oil resources.
I know a brother who spent $1,200.00 for Iraqi Dinars, which came to over One Million Dinars. The word around is that Japan started investing in Iraq, and some say the Iraqi Dinar will rise to over twice the value of an American Dollar. That means my friend will have over 2 million dollars.
Anyone heard of this?
Aside from Christian Zionists being abhorred at such thought of supporting the enemy of Israel, I saw websites that claim it is a gigantic risk, since inflation has been ruining the Dinar despite the actual difference in its value compared to the US dollar five years ago and how it rose in comparison today.
__________________
...MY THOUGHTS, ANYWAY.
"Many Christians do not try to understand what was written in a verse in the Bible. Instead they approach the passage to prove what they already believe."
Last edited by mfblume; 12-18-2009 at 08:45 AM.
|
Threaded Mode
