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Posted 17 November 2012 - 09:06 AM
Posted 17 November 2012 - 09:14 AM
11-17-12 IQD: Reuters reported that thousands of people in the United States still expect a surge in Iraqi dinar and who was described as one of the largest investment opportunities in the world. He says one of speculators in Las Vegas that "the escalation of the Iraqi currency does not need to question, but Iraq when will restore raise the value of its currency, it will be the Iraqi dinar in the end a great value probably would be the highest in the world so that the dinar if rose a penny will be valuable profit 900 percent."
The report says that some speculators expect a rise in the value of the dinar against the U.S. dollar to become the Iraqi dinar equal to between 1 to 3 dollars, which represents gains ranging from 116500% to 349,700%. As pointed out by one dinar dealers in the United States that he sold $ 577 million worth of Iraqi dinars to its customers in 2011, "he said, adding that his customers in the United States" were from parents, teachers, police officers and construction workers. http://www.albaghdad...-3-DNkAEAb.html
Posted 17 November 2012 - 09:22 AM
Now we know how much Ali made last year!!
the beginning of four more years of complaining.
Posted 17 November 2012 - 09:30 AM
Edited by dontlop, 17 November 2012 - 09:35 AM.
Posted 17 November 2012 - 09:34 AM
Posted 17 November 2012 - 09:45 AM
GM and thanks SWFG
Hint at what many believe?? if rose a penny will be valuable profit 900 percent How many would exchange a few if we saw a penny.. I would most likely take my original bet off the table and let the rest ride.
Posted 17 November 2012 - 09:49 AM
Posted 17 November 2012 - 12:41 PM
Posted 17 November 2012 - 02:26 PM
Posted 18 November 2012 - 06:47 AM
Posted 18 November 2012 - 08:27 AM
"The big question is: where do you put your money in the US? You can't get any interest in your money. Banks give you almost nothing on deposits," said Donna Simko, a real estate agent in her mid-sixties in Riverside, California. "The gold rush into Iraq is just getting started," he added.-Reuters http://www.equities....6364&cat=energy
Posted 18 November 2012 - 10:22 AM
Posted 18 November 2012 - 10:46 AM
I was just explaining to the Mrs. last night... say it RV's at only 10 cents... where else can you invest let's say $500.00 (to purchase 500,000 Dinar at it's current rate) and have it make a return of $50,000 (or a profit of $49,500)??? Sure there is a "risk".. but how much of a risk is there really? If you hold onto that 1/2 Million Dinar and later decide to cash it in because you don't want to wait this game out... you may lose 30% of your investment... and get $350.00 back (for a loss of $150.00). The bottom line for me is this.... are you willing to "risk" $150.00 to possibly make $49,500... or even the possiblity of even a whole lot more??? Where else are you going to get that kind of return right now??? To me, imo ... that's a no brainier .. as long as I'm not using rent and food money to do it!!!
Thanks for the post Yota!!!
Posted 18 November 2012 - 06:33 PM
I also agree. I started buying into this investment 9 years ago. I don't regret the money I've spent so far in my investment. Just been patiently waiting. I would just be interested to know once it does RV, what would be the time window in the cash in period. Cashing in a little then sitting on the rest until it increases in value is something that has been on my mind for a long time. We shall see. GO RV !!!
Posted 18 November 2012 - 06:55 PM
Posted 20 November 2012 - 02:41 AM
Posted 20 November 2012 - 04:31 AM
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