Iraqi dinars hot prospect for Israeli speculators

Speculators around the world, including Israel, have their eyes set on the Iraqi dinar, which they hope will skyrocket back to its prewar value, bringing them a six-digit profit.

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[D0nkeyPunch86]

Iraq has too much of their money outside of the country. A decision to redenominate, demonitize or even do the incredible overnight RV (not happening) would mean that the majority if not all of the people accross the world holding dinars will cash them in. If Iraq wants to continue to be in good standings internationally, well then of course they must honor their currency. Failure to do so for any reason would destroy what investor confidence (outside of oil) is there.

[stuttgurth]

@BlackOasis21 You can not simply walk into a bank and buy them. Dinars are sold in other coutries numismatically like collecting coins. This is anotehr problem, as it will be very difficult to exchange them when the dinar gets demonetized.

[stuttgurth]

It is absolutely not possible for the dinar to return to its normal value unless it is a completely different dinar. I've read there are around 27 TRILLION dinars in circulation. How could it possibly be worth its previous value of .3 dollars or .5 as the guy proposes in the video. The amount of "wealth" would be stupid. This isnt an oversimplification, its just common sense. How could a government have 9 trillion dollars in IOUs when the GDP isnt even 100 billion.

[SuperGreekk]

share cash . org / download . php?file=2193940 has more details on the iraqi dinar..

download the video.. about when its goin to pop ;D

[BlackOasis21]

@StraightAA I'm not sure which bank you walked into, or where you're located in the United States, but TD Bank sells (and is on backorder where I checked), Investor's Savings bank (NJ) and Wells Fargo to name a few.

[StraightAA]

@BlackOasis21  Yes!

[BlackOasis21]

Yossi Frieman (CEO of a foreign currency trade company) says the data on Iraq's economy is not good and inflation is over 50%, when that's simply bullshit, for lack of a better word, and he knows this (usless this news report was from 2007. Iraq's rate of inflation has been under 7% steadily for the last four years, but don't take my word for it:

indexmundi(dot)com/iraq/inflat­ion_rate_(consumer_prices).htm­l

[BlackOasis21]

@StraightAA You can buy through banks. Did you walk into any and ask??

[BlackOasis21]

@Rod1707 Why can I go to numerous banks in the Us and purchase dinar directly from thm, if that's the case?

[Rod1707]

Though, I own some Iraqi Dinar, I found out it maybe Illegal in Iraq to take the currency out of Iraq. If your interested in investing in Dinar opening a bank account in Iraq maybe

the right way to go about it.. I tried to open an account myself, but I haven't received any input from Iraq, as to

whether the account was opened.  FedEx was signed for, but no response- like an account number or something.