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DougsDinar

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  1. A few weeks ago while talking to my book keeper (I operate an auto body shop) we managed to get around to talking about the "investment" in Dinar, this usually happens when I am in there, and the subject came up about just how many people in the US hold over 1,000,000 Dinar and how many mufti-millionairs a RV would create. Surprisingly he is not down on this investment like it seems most financial professionals are but he sees it more as a long term investment in Iraqi growth and holds little hope for a sudden and large RV (he will be the first to tell you he is not a currency trade expert and his opinion is just that, an opinion). That is what the discussion was about, considering how many people hold Dinar in large amounts and untold numbers holding smaller amounts plus what other countries might hold just how is all this Dinar supposed to be cashed in if it comes to a straight up RV? Who supplies all those billions of dollars? I am not trying to state anything or make any kind of point rather I am asking if anyone has run across any real statistics on these numbers because IMO it could have a profound effect on the Iraqi decision of whether to RD or not. I firmly believe that the Dinar is going to increase in value even if it RDs first, we may not get rich if that happens but at least our investment might be worth it, I am in until the end regardless.
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