CNN ireport

[desimo]

Why Invest in the Iraqi Dinar ?

By lifewave721 | Posted January 18, 2011 | Tucson, Arizona

CNN PRODUCER NOTE

Alot of people ask , why invest in the Iraqi Dinar ?

In answer to that question I would have to say let’s examine a few things.

Iraq is on a 7 year cycle and I would say that it is in the conclusion of that cycle.

Up to this point, they have been under a dictatorship, been invaded,had numerous sanctions imposed upon them as well, not to mention the infighting that goes on within the country itself.

That being said, Iraq is having their trade sanctions lifted, their debt is all but forgiven, and they are getting their governing body together so that they can become a successful economic power in the middle east. All things are pointing to this successful conclusion.

In addition to this, Iraq is one of the few Arab countries that has its own water supply. They also have some of the richest oil reserves in the world.

As we are writing this, oil wells are being placed, and contracts are being put into placed with these oil companies.

And as anyone knows the Iraqi Dinar was at 3.28 to the dollar before the Iraq invasion.

History also serves to tell us that as with Germany after the 2nd world war , the Deutsch mark , was worthless at that time. After re-valuation ,many people made their fortunes by investing in the Deutsch mark.

Granted it was a once in a lifetime situation, however, it is very possible and likely that history will repeat itself in the case of the re-valuation of the Iraqi Dinar.

Iraqi people are a proud people and want to return to being an economic power in the middle east once more.

It seems that the time is ripe as they are on the upward swing returning towards a more healthy , vibrant economy !

How soon, thats hard to say although many say within the next few months, however, it does seem inevitable.

In closing , where else can you invest say $180.00 at the minimum for 100,000.00 Iraqi Dinars. When the revaluation occurs , and say at the very least the Iraqi Dinar matches the dollar 1 to 1.

That means that for a paltry investment of $180.00 you would reap $100,000.00 American. I would hate to lose out on such an opportunity, so I am waiting and watching with a certain quiet calm, excitement .

http://ireport.cnn.com/docs/DOC-542189

[unirod]

Just for the record, Iraq has been trying to negotiate it's water security with Turkey and Iran. Why? because their downstream, maybe the cnn reporter should get their facts more accurate.

Thx Desimo

[Man_Kind]

Great pep talk my friend !

All seems logical to me .

[PacoTaco]

Go RV! Oh yeah!

[sxsess]

It all sounds good but we are dealing with iraqis S. No telling if or when this will happen...

Edited October 18, 2012 by TexasGranny
removed offensive word

[rockfl9]

$3.28. dinar!!!!! Duh. We know Different dinar. .Different country. Different time. Different world. It must hve been a SLOOO news day...

Edited October 16, 2012 by rockfl9

[doctor robbins]

Read the fine print. "Not vetted for CNN". This was submitted by a pumper via CNN iReports, not a CNN staffer.

[SupraRacer]

Look at the date Jan. 18 2011

[Madmax67]

iReport is not part of the "real" CNN news, it is online reader submitted. It is like getting your news from the local homeless guy.

[DinarThug]

It is like getting your news from the local homeless guy.

That Sounds Like CNN To Me .......

[Muleslayer]

Aww common thug they have great looking news anchors!

I watch CNN all the time. I just use the mute button!

[DinarThug]

Aww common thug they have great looking news anchors!

I watch CNN all the time. I just use the mute button!

That's Why I Have Mimes .......

[Texas1]

That's Why I Have Mimes .......

You remime me of a circus clown

[DinarThug]

You remime me of a circus clown

That Would Be An Upgrade ! Instead I Report On Guru's In An Exotic Foreign Currency .......

[Texas1]

That Would Be An Upgrade ! Instead I Report On Guru's In An Exotic Foreign Currency .......

Stop feeling sorry for yourself......oh, never mime

[Princess DinarTard]

Read the fine print. "Not vetted for CNN". This was submitted by a pumper via CNN iReports, not a CNN staffer.

THANK and YOU.

Those CNN iReports are viewer submitted "opinion" pieces. Not journalistic quality at all.

More smoke and mirrors for the masses.

Ho Hum

[tandy]

You remime me of a circus clown

you two need to quit clowning around...this remimes me it's past both of you guys bedtime...hope all is well in Scottsdale and good ole San Antony....by the way ain't it time for an rv? maybe just miller time