us military suggested they buy Dinar

[sailin12]

I was at aFirst Citizen bank today in NC and the conversation with teller went to the topic of Iraq dinar. Of course she informs me the investment is bad but she also told me many military were told to buy the dinar for investment while they were there. is there truth to this.? I'm former USAF (retired) and never heard this before...How much of this info truth?

[a1911handler]

I have never been advised to buy IQD when I was in the gulf.

[Midx1]

I was at aFirst Citizen bank today in NC and the conversation with teller went to the topic of Iraq dinar. Of course she informs me the investment is bad but she also told me many military were told to buy the dinar for investment while they were there. is there truth to this.? I'm former USAF (retired) and never heard this before...How much of this info truth?

Just my 2 cents,, many of us working as Expats are also retired USAF etc.

We work for airlines in the UAE, many are invested.

Will this thing go as we hope,,no one knows.

But its better to be invested and nothing happens rather than not be to invested and look at what could have been later.

[ramacow2545]

Midx1 you could not have said it any better, I am a contractor for over 20 years and invested in the IQD back in 2004. Let's GO RV.

[Fearless Four]

Talked to someone who served in Iraq, he said a lot of his buddies had bought Dinar.

[john.sherry1]

the military is trying to down size dramaticly and if a service member has enough money thaey can just chapter them out it makes sense to me if there are enough service members invested and they all suddenly have a lot of money well they can reduce there numbers by thousands

Edited May 20, 2011 by john.sherry1

[CAPT JACK]

Everytime I see a member of the active military, reserve or retired, I talk to them about the Dinar. I hope everyone else does it too.

[mike l]

I was never told we could buy dinar when i was in iraq in 07-08, but my father was there in 09-10 and he bought most of his dinar when he was over there in country. he could only buy 200 usd worth a month.

[MPG350]

Not true

[easyrider]

This is NOT true but do hope our military invest in the dinar regardless, never know it might payoff big in the end.

[wingsofhope]

Bank teller bla bla bla

[gbosh]

Not true. Servicemen and women in Iraq are ABLE to buy dinar at finance, but not required to for any personal reasons. If a certain mission dictate purchases made on the Iraqi economy, soldiers are provided any monetary needs. Some soldiers buy dinar for ease of use in the local market place, but it's purely their decision.

As far as buying dinar as an investment, while many are doing it, it does go against section 20 of the Status of Forces Agreement (SOFA) which prohibits the export of Iraqi currency by soldiers, civilians, and contractors.

BTW, i'm returning right now from a 4 month tour there.....

Gbosh

[drummerboy]

I think its about time this is said.

For all of those service men and women out there both past and present who give so much of themselves and their families to protect our country and allow us the freedoms that we all have. I THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

God Bless every single one of you. I love you all and mean it.

Go RV!

[Synnister]

Hello all

I retired from the Marine Corps in 2007 and puchased my Dinar in April of 2004 while I was in Iraq, alot of the Marines did.

It's been a long ride since then but I hopeful for a return on my investment

Go RV

Synnister