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Dinar investment a Ponzi scheme

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Uploaded by on Dec 29, 2010

At least one local investment advisor is calling it a scam. Toledoans are being encouraged to buy the Iraqi Dinar as a way to strike it rich.

Toledo investors are being encouraged to put money in Iraq's currency with the promise it will soon increase in value, Dock Treece of Treece Investment Advisory Corp., said Wednesday don't part with your dollars in favor of the Dinar.

Several websites have popped up in recent weeks claiming that as Iraq recovers and rebuilds from the war, its oil reserves will help the economy there to boom, and its currency to shoot up in value.

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  • The US Dollar is the SCAM

  • Purchasing foreign currency is NOT a ponzi scheme. A ridiculous statement! I encourage all of you to check out "on-line" the Jim Cramer interview televised last year. Google it. He said if you can get ahold of the Dinar, do it! With any investment, do your research, purchase the Dinar from " a reputable seller" & listen to "Experts"!! Everyone has an opinion, however, that doesn't mean it's "factual".

    I have purchased Dinar and am quite confident the Dinar revaluation will take place!!

    

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  • Good way to invest in toilet paper!

  • and if does re vaule and i got my million all u nay sayers dont ask me for a red penny.... tell that to the people who invested in kuwait in 91 and cashed in 10 years later... was that ascheme...do ur research... look what happen after wars to country this is how we rebuild countries.... germany...japan, kuwait now iraq...do ur reaserach and due diglence....whos ur disposable income not ur life savings on this investment its just way to invest diversiy ur portfolio my friend!!!!

  • How many of you idiots here are members on moron sites like Peoples Talk Radio??? Youre the ones being scammed and duped!

  • @SuperJones602 I just came across this Iraqi dinar info and wondered if its too late to speculate? some of the info i look at is not dated. also have you watched video - a new global economy - its by conscious media network, I wondered how this might impact the RV of the new Iraqi dinar? Id love to hear from you , maybe a PM please tell me what you think warmest regards from the UK

  • @qbulb i took the "dot" out of the link, because it would not post with it. (can't post hyperlinks in comment fields)or watch the video on YouTube user anytimefindlayohio channel. Also, your post didn't make any sense at the end. You can lose $1000 or you can lose $3 million. If you've got that kind of spare cash to throw away, throw some over to me.

  • @qbulb You have got to be kidding me. I offended you? Maybe I was a little harsh, so I'm sorry, but get used to the world my child. If I was banned for cussing, then over 3/4 of all YouTube accounts would be banned as well. Thing is, I usually don't cuss all that much, just when I'm extremely aggravated at issues like this. If you really want a good idea of what this scam is about the go the Learning Markets web site learningmarkets com/the-iraqi-dinar-scam user anytimefindlayohio also has it

  • Little wonder our country is in such deep s**t when Americans can't see this simple scam for what it is. A neighbor tried to get me to buy dinars 2 yrs ago and I informed her then it was a scam. I just found out yesterday that she got yet another neighbor involved and YET FAILED OVER THE LAST 2 YRS TO TELL HER IT WAS A SCAM. Great friend, no? Take an "A-B-C" easy business class folks and get yourselves some brains!!!! As it is now, you're so stupid, you're scary.

  • @mstang64Half ...These people are too cowardly to take the risk and the thought that someone else does and might win, makes him angry. He's actually afraid you might win so he is doing all he can to stop you and others from taking the risk. He wants to keep everyone down where he is.

  • @Mad4jazzy ...You should be banned from YouTube. Cussing is disgusting. Is your name Treece? How do you think something so negative as swearing can result in anything positive in your life? You are angry because you are afraid of something. If the dinar sellers are scamming us, why aren't they being charged with fraud? I would sooner risk $1000 for 1million dinars than risk the dinar ReValuing and me having none. I can either lose $1000 or I can lose $3 million (or more!).

  • The most noble thing Treece could have said is, "i don't know" but instead he is talking about something of which he knows nothing. What if he is wrong (and he is) and he keeps some little old lady from spending about $113 for 25000 dinars and then they RV (ReValue) to $3 and she misses out on $75,000?? Does he want that on his conscience? I guess so or he wouldn't say such stupid stuff. Did the German Mark going from nothing to much more make sense? But it did go up.

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