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  #1  
Old 08-03-2005, 08:47 PM
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Luma Luma is offline
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Default Iraqi Dinar investments

Hi,
Has anyone invested in the dinar since the new notes were produced in 2003?
What is the projected world bank value of the dinar in the coming year/s?
I'm interested in buying. Does anyone have any good advice about this kind of investment?
Thanks.
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  #2  
Old 08-03-2005, 10:19 PM
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Default Re: Iraqi Dinar investments

To me it looks like Iraq is heading towards civil war. Iraqi currency wont be worth the paper its printed on. People are using the massive increase in the value of the Kuwaiti currency after the first gulf war as an example, but this is an entirely different situation.

Just my opinion.
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  #3  
Old 08-04-2005, 07:48 AM
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Default Re: Iraqi Dinar investments

I agree with Saxifrage. I think that after Iraq either enters civil war, or it gets settled that their money wont be worth as much as it is right now. They'll probably print more money and it'll be worth less.
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  #4  
Old 08-07-2005, 02:48 AM
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Thumbs down Re: Iraqi Dinar investments

Quote:
Originally Posted by Luma
Hi,
Does anyone have any good advice about this kind of investment?

Don't go out and buy paper money.
Even when the dinar becomes worth something, no bank will take it.
Open up an Iraqi bank account.

You can email Warka bank @ c.accounts@warkainvestmentbank.com if you need any info.
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  #5  
Old 08-07-2005, 03:26 AM
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Default Re: Iraqi Dinar investments

Quote:
Open up an Iraqi bank account.
That would probably be a real great way to get homeland security tapping your phone.
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  #6  
Old 08-16-2005, 10:21 PM
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Thumbs down Re: Iraqi Dinar investments

Quote:
Originally Posted by saxifrage
That would probably be a real great way to get homeland security tapping your phone.
Don't be so paranoid.
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  #7  
Old 08-16-2005, 10:26 PM
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Default Re: Iraqi Dinar investments

Quote:
Don't be so paranoid.
Hey, it isnt paranoid. A couple of weeks ago here a university student named Abraham had the Federal police turn up on his doorstep because of the books he was borrowing from the library. Turns out that it was the reccomended reading list for a unit a politics he was doing on terrorism. Dont think they arent keeping an eye on us.
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  #8  
Old 08-17-2005, 03:00 AM
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Default Re: Iraqi Dinar investments

After reading this thread I noticed a google-ad on this forum:
http://iraqi-dinar-opportunity.com/

There's alot of interesting links a the bottom of that page.
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  #9  
Old 08-17-2005, 07:34 PM
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Default Re: Iraqi Dinar investments

You only need to be worried if you are a terrorist.
So what if the FBI calls or is tapping your line, they'll find out that your're a nobody and move on.

Anyway, I'm holding out for when the Iraqi stock exchange opens to forieners. I'll be investing through Warka bank.

http://www.isx-data.com/
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  #10  
Old 08-17-2005, 10:20 PM
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Default Re: Iraqi Dinar investments

Quote:
You only need to be worried if you are a terrorist.
So what if the FBI calls or is tapping your line,
Once upon a time there were these concepts called liberty, freedom and privacy (nowdays all encompassed by the word thoughtcrime). Im not sure about anyone else, but I look back on those days fondly.
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