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Trump Fans Sink Savings Into ‘Iraqi Dinar’ Scam


cabinetman
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1 hour ago, yota691 said:

Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

Americans buy millions of Iraqi dinars to realize their dream and wait for Trump



 Twilight News    
 29 minutes ago

A number of Americans have been buying millions of Iraqi dinars in hopes of realizing their dream of becoming wealthy overnight. 
The media reported that those who support system" rel="">support the policy of US President Donald Trump are counting on the latter to take a decision to raise the value of the Iraqi currency and become wealthy thanks to the exchange rate difference. 
The catalyst for buying the Iraqi dinar, which is currently worth $ 0.0084, is less than one cent. Newsweek reports that rumors that Trump was in power fueled the dream of the Americans, who spoke of the US government's intention to adjust the dinar exchange rate Iraqi to become equal to the US currency.
Before the Second Gulf War (invasion of Kuwait) the value of the Iraqi dinar was more than three dollars, but this currency collapsed after the imposition of the siege on the regime of President Saddam Hussein in the nineties of the last century, and after the overthrow of Saddam Hussein returned and rose slightly and stabilized at 1200 dinars per dollar. Since then, a strange trend has appeared in the minds of investors, who have begun to invest money in the dinar in the hope that it will regain strength as it was before the second Gulf War. 
In 2006, American media, notably CNN, warned against buying the Iraqi currency. Despite these warnings and the deepening of the Iraqi crisis, a group of websites continued to sell the dinar to US customers.
The idea of winning millions of Iraqi currency was widely spread during the Trump era, with some of its supporters misinterpreting statements made in April 2017 in response to China's manipulation of the yuan. Trump said all currencies would be "on an equal footing" Daily Beast "recently. 
As evidence of some Americans' desire to buy the dinar, the results of the search on Google and Twitter show that many still dream of the recovery of the Iraqi currency and hope that the American billionaire Trump, who became the head of the person who will achieve their dream.

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I know our great President can't control this, but hey I'll go with it-promises made promises kept haha. MAGA & MIGA. President Trump 2020.

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2 hours ago, ChuckFinley said:

It was like he spent 50M or something like that.

Happy holidays chuck and everyone else. Either I was dreaming or wasn’t there an article a few months back on this website that said mr trump had 30 million dinar?  🙂

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Folks, some great, clear-thinking rebuttal to the nonsense in this original article that's at the top of this post. If you know the website for BGG, then check it out.  I don't buy into everything over there, but it's in line with my common sense thoughts that seem to be reflected by a lot of DV members.

 

Happy Thanksgiving all !!  Gobble gobble.  And God Bless our military, those at home and those serving away from home. 🦃🦃

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Ok, found this. You were right on the 30M. I guess he needs to step up in my book. lol

 

Does Donald Trump Own Iraqi Dinar Currency?April 20 2017

Does Donald Trump Hold Iraqi Dinar?

Some years back the internet was abuzz with rumors about Donald Trump sinking something to the tune of 30 Million Dollars into Iraqi Dinar currency.

This was years ago before Trump was even running for President but it was big talk on a lot of blogs, forums and message boards.

To date we have not seen Trump come out himself and announce he made a purchase of Iraqi Dinar, no credible news source has backed this rumor, and it seems likely that Trump is not holding 30 Million Dollars of Iraqi Dinar. 

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Thursday, November 22,
 
 
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BAGHDAD (Reuters)  A number of supporters of US President Donald Trump have bought millions of Iraqi dinars, US media reported, hoping to enter the world of "wealth". 

"A number of supporters of US President Donald Trump have bought millions of Iraqi dinars, hoping to enter the world of wealth after Trump raises the value of the Iraqi currency," Al-Rai newspaper quoted a Newsweek report as saying. 

"Rumors have been circulating that the US government was planning to raise the value of the Iraqi dinar, which does not exceed one half a cent, to about one dollar or more."

 

 


The Daily Beast confirmed that the theory was reinforced by a promise to Tramb to his supporters in April 2017 that all currencies would be "on an equal footing" in response to allegations that China manipulated the value of the yuan. 

In April 2003, exactly one month after the Iraq war, Sally Atkinson of Newsweek wrote in response to a reader from Lahore in Pakistan, asking what would be the value of 100,000 Iraqi dinars after the war. "Unfortunately, they are not worth much so far, Before the first Gulf War, the dinar was equivalent to about $ 3, and now the value of one is less than half a penny, so the 100000 is worth only 50 cents. 

In 2006, the mainstream media began to monitor a strange trend of investor thinking.

In January of that year, the editor of "CNN" Walter Vuegrave strongly warned the reader who inquires whether he should buy the Iraqi dinar in the hope that it will regain its value, and in September, and achieved "ABC News" in this phenomenon , And a month later, the magazine "Boston Magazines" talked about its investors in the Iraqi dinar. 

Although the Iraqi crisis deepens day by day, there are people who sell the Iraqi dinar via Web sites to Americans, betting on a currency revaluation soon, where John Wasik of Forbes was one of the most critical of this theory. 

By 2015, Wasek reported that the FBI had been investigating Iraqi dinars traders. The following year, he noted that the Securities and Exchange Commission had filed a complaint against a Utah man who had sold about 1.

"Last month, a federal jury convicted one of the largest transactions of the Iraqi dinar in the United States after a five-week trial," according to the Attorney General's Office in Atlanta. 

The quick search on Google and Twitter shows that many believers are still spreading rumors about the possibility of raising the value of the Iraqi dinar, and hope that the billionaire businessman who turned to Trump will do it.

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