Hate to say this ,,but the man who posted this is very much correct about everything except gold dropping down as low as $500.00 dollars but i do see coming down to around 8 to 9 hundred dollars !!! My family deals with metals for many years and we all bought a lot of gold when you could buy for 4 to 6 hundred an oz. and when my family told me watch gold go crazy in a few years with all scare tactics and it did and now its falling almost as fast as it rose !!!! About the iraqi dinar,,, To me if this is going to soon pop why is all the sellers dropping prices and even got lay aways to get rid of it ????? Just like the gold pumpers ,, now you can buy gold 1% over dealer costs !!! My personal belief is ,,yes the dinar will go up in value but not like what people think and gold will come back to normal prices also !!!!! I say this based on facts which we all see this going on in front of our eyes !!!!!
Jake I don't know where you can buy it for 1% over cost because that is one heck of deal. No dealers that I am aware of are selling it for that since they mostly bought on the high and have to recover cost. The only way that could happen is if they were margining.