Archive for December 27th, 2009

Is it likely that the Iraqi Dinar will regain it’s value soon?

Sunday, December 27th, 2009
iraqi dinar
PainJungle asked:


If no, then how long will it take for it to rebound? Are there any good examples from history that I can study about?

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Posted in Investing | 1 Comment »

Investing in the Iraqi Dinar?

Sunday, December 27th, 2009
iraqi dinar
Jake B asked:


So I know this is speculating and not investing, but what do you think about the idea at this point? It looks like the Iraqi government is getting control of things. Violence in Baghdad is down 81% since June and you can still buy 1,000,000 dinar for about $1,000. Not too bad really. I mean, consider that before Gulf War One a single Iraqi Dinar was worth $3. So… Good long term investment? That’s what.. a 100,000% return on your money if it goes even 1/1 in the next decade or two…

Your thoughts?

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Posted in Investing | 3 Comments »