Iraq dinar

[Kory]

I have had a lot of friends and family over the last couple months ask me for my advice on investing in the dinar. To me it seems like a scam or a lost cause. I guess it's the saying " nothing of value is free or easy" .

Have any of you looked into it? What is your take on it?

 

[Alexy]

It will fall about as fast as the govt when the US leaves.

 

[Scott D.]

I own 2 million Iraqi dinar. IF IF IF IF IF Iraq can get their act together like Kuwait did, it could be a great investment. I bought mine for $700/million when I was in Iraq.

 

[Ron Musgraves]

It will fall about as fast as the govt when the US leaves.

So it's a great opportunity. We ain't leaving!!

 

[IndyExterior]

It's like Vegas.

The Turkish lira fell to $1 US = 1,600,000 lira in 2004.

So if you had $1 US in your pocket you were a Turkish millionaire!

 

[Alexy]

So it's a great opportunity. We ain't leaving!!

I remember hearing that before....

 

[Eric and Jenny]

Sounds great, but in the event the thing actually ends up working out....try finding a US bank that will cash in your Iraq dinar for US dollars.
You would have to fly to Iraq and then what...try to cash it ALLLLL in at a bank there?? They would laugh at you.


~Jen

 

[Kory]

Sounds great, but in the event the thing actually ends up working out....try finding a US bank that will cash in your Iraq dinar for US dollars.
You would have to fly to Iraq and then what...try to cash it ALLLLL in at a bank there?? They would laugh at you.


~Jen

I always wanted a sand box:crazy_pilot: