A lot of money is going into rebuilding Iraq's economy and a lot of countries are working to help them accomplish this task. I am trying to find info on the Kuwait dinar, the price during the conflict,and the history of its exchange. Privately held Iraqi banks have almost entirely relinquished their traditional functions — such as giving out loans, lending credit and issuing letters of credit — due to default risks. I too have invested in the Iraq Dinar.
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That makes the time right for one of the architects of the scheme to make some more money, this time writing a book about her road to riches. For several years, con artists have been peddling the Iraqi Dinar scam — the myth of a massive revaluation of the Iraqi dinar, but that may be about to change. Using a range […]. An American man has pleaded guilty to operating an illegal business selling Iraqi dinar.
The man, from South Dakota, was […]. The First Deputy Chairman of the parliament has reportedly demanded that the Central Bank of Iraq address the fluctuating exchange rate of the Iraqi dinar against the US dollar, and disclose the reasons. Shafaaq News says that Qusay al-Suhai chaired a meeting of the Finance Committee, in the presence of central bank […].
By Omar al-Shaher, for Al-Monitor. Privately held Iraqi banks have almost entirely relinquished their traditional functions — such as giving out loans, lending credit and issuing letters of credit — due to default risks.
Instead, they are […]. By Editor on 15th January in Security. Nothing ventured nothing gained. I think Andrew from Australia best summed it up for the sceptics! Me personally, I wouldn't invest in anything without doing my homework! This isn't the first time that this opportunity presented itself! Anyone unwilling or unable to wait for this investment to bloom, save your money because the recontruction of Iraq is going to be a time consuming process. The fact that the international community continues to billions into Iraq is a dead give away that something very tasting is brewing over there Oil, natural gas soup anyone?
It's surely not out of the kindness of their hearts. You may not like GWB as a president, as wealthy as he is, he can buy new friends. I'll see all you positive minded investors at the bank!! I am nervous about my investment in the Dinar.
But i too will stick around to see the results. And plan on purchasing even more. Just in case it does go up. I, too, invested in the Iraqi Dinar. I'm not someone who invests a lot. I don't have the cash to do that. But, I see something that totally makes sense to me. Iraq will come back. I've bought 1,, over the last year and a half. I may buy another million in January. Then, it's a waiting game. It could take a year, five, or I'm willing to wait. Like a previous post said, what's if you get a million out of it?
If it turns into nothing, then whatever. Nothing ventured, nothing gained. Here's to the waiting game! I am trying to find info on the Kuwait dinar, the price during the conflict,and the history of its exchange. The info is hard to come by.
Anyone out there who hs this info.? This could be a good indicator as to what to expect from the Iraqi dinar I just arrived to iraq and keep hearing people talk about this topic. I'm a gambling man and i believe good things will come out of this. It's hard to go down from this price. Live life on the edge and go for it. I'm getting 2 or 3 million. Rolling the dice, my blood is already flowing.
Just be patient and let the good times roll. With all the news I think this one has the most suport! This site never reply my question. This worse thing is I have paid some money for them via credit card to buy Iraq dinar and never get the it. Don't do the same mistakes.
Take a chance, I spend more than when Im in Vegas. Its not like I will be out big money if nothing ever happens. And well there is nothing but oil in that country so I take the chance, you could be able to make a little something IT'S going to pay up. Smart investing takes patience,some time it takes nerve.
From banks to governments to we the people are going to see a positive out come here. Check the central Bank of Iraq and the numbers dont jive form this site. Need to get on top of the game.. Does anyone know what is the total amount of dinars in circulation today as compared with pre-war levels? I have 6 million dinars and will purchase 4 million more for a total of 10 million.
I feel it will be 5 to 7 years before it takes off. If you bought a lottery ticket and a lotto ticket twice a week and a quick pick lottery every day, are you better off? It is a gamble, building a nation. We did it plus years ago and it was not overnight. I know that If I would have done this after we liberated Kuwait I would be rich today.
An investment is a chance, if you buy iraqi dinar, you are taking a chance. Question is can you invest your money for that long and wait for your investment to pay off. I have over a million also No banks or exchange companies take them. Hey im new to this site and dont know really whats goin on here I've spent more in one weekend on hookers and nose candy!
However, if the exchange rate skyrockets then you are literally a Millionaire! Sure it's a long-term investment, 5 to 10 years maybe longer, big deal. Our government is the result of years of hard work and dedication all dawning from an idea that inspired several individuals long before the signing of our "Decloration of Independance" in over years ago. You would have to be a fool to think Iraq would be able establish the same result in only a few months or years.
However, with the US playing a key role in that development it isn't unrealistic to believe that we could see that change in the not-so-distant future of Iraq. Our US government is directly involved in helping Iraq establish a democarcy. There's absolutely only one reason why our country would have any interest in some shit hole country in the m. So say our dreams come true and the dinar is 1 to 1, how do we go about selling it back?