This is not a roller coaster!

[jcampjr]

I have read many times that this investment is a roller coaster. The only reason it is a roller coaster is because too many people listen to the so called experts who state that it will happen every week. Why do we still listen to these people? The truth is, I invested in the dinar because of these simple facts.

1. The United States basicaly took over Iraq like we did Japan after WWII. What did there currency do?

2. Iraq has as much oil as anyone.

Keep this in mind when watching our investment. Stop listening to all the so called guru's and get off the roller coaster. It will take time for Iraq to get running but when they do we will reap the rewards of our patients.

[jimpickles]

I have read many times that this investment is a roller coaster. The only reason it is a roller coaster is because too many people listen to the so called experts who state that it will happen every week. Why do we still listen to these people? The truth is, I invested in the dinar because of these simple facts.

1. The United States basicaly took over Iraq like we did Japan after WWII. What did there currency do?

2. Iraq has as much oil as anyone.

Keep this in mind when watching our investment. Stop listening to all the so called guru's and get off the roller coaster. It will take time for Iraq to get running but when they do we will reap the rewards of our patients.

excellant post !

[R2d2dc]

I always laugh at the people that comment on spelling, as we are usually typing quickly and not proof reading our entries, but I had to laugh at this one. Oh, yes I believe we must have Patience. :-)

[DEL RIO]

i went to the 7th grade only , and can't spell , but i do make over $100k a year, self-employed for 20yrs plus !!

[umbertino]

Quote

2. Iraq has as much oil as anyone.

End Quote

Infact it has a lot more oil than just anyone. I think it's got the 2nd largest reserve after Saudi Arabia.

[BANE]

I don't know. What did the Japanese currency do?

[daniel c]

does japan have a Maliki?

[praiodan]

Japan is civilized, Iraq is not and never will be...

[umbertino]

Japan indeed made miracles with their economy throughout the years. The Country was destroyed and it was the only Country in the world to have suffered from a nuclear bombing.......I assume in the early post-war stages they received much aid from the US.......

But the Japanese mentality is all pro hard work and besides they are a very very very very proud People.....So they became the 2nd biggest economy in the World and only recently lost their position in favor of China.....

Edited February 27, 2011 by umbertino