Iraqi Dinar Rumors

In talks in my circle yesterday, someone left a sliver in my brain of some conspiracy based info; they they used war to destroy a country and its currency, that way they could buy it up cheap and Make huge profits off of it when its recovery ensues. I am very skeptical on the rumors and cautious ofrunning out to buy Dinar. So, my thoughts.....

Some historical info on the Dinar: http://www.edinarfinancial.net/history.php#1973

Link to the currency rate exchanger: http://www.oanda.com/currency/converter/

More info if you are intrigued (video): http://www.youtube.com/watch?v=Siev-HeG9N0

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[lh12cat]

hi to everyone, i have a question, if iraqi dinars have the staple holes in them and are in crisp condition are they acceptable ? and if you have dinars that are a little worn are they acceptable ? what are conditions are un-acceptable ? any info will help

[scalp340]

@lh12cat Just like USD notes have have defacement rules, (rules for legal tender to stay in circulation) I'm sure the dinar does also. you might want to google something along those lines to see what the bank of Iraq will accept. what you could also do is take one (preferably a small nomination) that is in these conditions you speak of, to a (knowledgeable) international currency exchange kiosk and ask them. worst case scenario they take it and you loose $10. (which would of happened anyway)

[joeysixtysix]

I have Dinar but please don't anyone run out and spend too much thinking it will RV at 3+. Most likely it won't. IF anything happems it will likely be much less than that. I feel it's worth buying since for next to nothing you can get in and if something happens it can be big. Don't spend more than you might blow on a fun weekend at a casino or something.

[scalp340]

@joeysixtysix Thanks for the input. i was thinking the same thing. Because of this, I wouldn't spend more than a few hundred bucks.

[MRJOHN0071]

WORLD BANKS AROUND THE WORLD,ARE HOLDING BILLIONS OF IRAQI DINARS,WHY WOULD THEY BOTHER,IF IT WAS GOING TO BE WORTHLESS

[scalp340]

@MRJOHN0071 good point. but how would the system handle or even be capable of paying out trillions for revalued Dianrs, when everyone is looking to cash in those DInars for USD all at once?

[Maximonious]

Video was ok.... need more meat....

[getdong]

@1bbpracing and getdong and gotiraqidinar are both great places to buy the vietnam dong and iraqi dinar.

[ferntsi]

I had jurry duty and got into a conversation with a man that just spent 3yrs in Iraq doing goverment work. We got into the dinar and what he told me blew my mind he made so much sensce. He spoke fluent native language and got alot of inside igy.

I'm definitly not spending my life savings but even a couple hundred is worth the gamble. I just can't believe how very few people know about this. Just saying

[1bbpracing]

Breitlingcurrency.blogspot.com you will learn everything you need to know about dinar, currency, investments, and more. He's the best!

[lomoteco2009]

I lived in UAE for 8 months and one of the shik relatives told me that the Iraqi dinar wll go up on Dec 2011. If you snoze you loose.