Archive for February 5th, 2011
As I have previously described to you in the earliest days of this Blog, the Iraqi Dinar is a reasonable investment at this time.
If any of you were reading my information in September of last year, then you would have known that you could enter a Drawing for a 1000 Dinar Note and you could have been given another 1000 Dinar for referring five of your friends to enter the Drawing.
Many of my friends entered and won, in fact every one who entered the Drawing won 1000 Dinar. I have several thousand Dinar that I will hold on to until the revaluation occurs.
You can still buy Dinar as an Investment in the future of Iraq and a stable government. Then when the Dinar is revalued, you can take your profits by exchanging your Dinar for any other currency at your local Banks that offer this service.
There are dozens of sites and forums which discuss the Dinar with so many variations in the news that is being given that it boggles the mind. I trust one source right now for solid information about the Dinar.
Don’t make the mistake of paying too much for your Dinar right now, if you do decide to invest. Dinar are being sold for pennies on the USD at this time. There is far too much speculation about the actual value that will be assigned in the future, but some have speculated that the Dinar could see a revaluation at a low of 76 cents to a high of $3.00. It’s anyone’s guess and only time will tell.