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When do you think the iraqi dinar will revalue


 When do you think the iraqi dinar will revalue
topic by 8887 - 01-18-2011, 10:56 AM - Boxden > The Money Spot (finance/careers)


Who knows what im talking about ?


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13 comments for "When do you think the iraqi dinar will revalue"


 01-23-2011, 09:04 AMaway - #2
8887 

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i was asking because i invested in the iraqi dinar. they were recently freed from bankrupcy by the U.N which means they can now sell their oil freely through out the world. oil is their #1 resource . thier currency is currently valued at less than $.01 (1 cent) to the us dollar $1.00. how long do you all think itll be before they get thier economy boom again??
 01-23-2011, 11:11 AMaway - #3
Frank Dukes 2 heat pts

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A good investment down the road, until were out of the middle east $ >
 01-23-2011, 05:24 PMaway - #4
GoldBluded 190 heat pts190

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Slow down young Caterpillar you will turn into a butterfly eventually, Ppl have been waiting for this since 2004. They have PLENTY of oil and they should be a very very wealthy country. I was SURE this was going to happen Dec 18, 2010 () but it hasn't so we have to wait and see.

America Has invested alot of money in the Dinars

Edit: And to everyone who doesnt know its supposed that the value of the Iraqi Dinar (The Iraqi Dollar) will revalue from $0.01 to the minimum $3.00 or more.
If you buy 25,000 Iraqi Dinars for $45.50 on Ebay (cheap price)
then all of a sudden the iraqi dinar revalues at $3.00 you flip $45.50 to $75,000!!!!

sound crazy but if you have $50 to waste go ahead dont be mad if it doesn't RV

But

If it does happen make sure you take some a$sess management classes cause if you put 75,000 dollars in the bank and the Irs see that they will be on dat a$s for the rest of ya life
Wesley Snipes in dis !! Pay ya taxes FIRST and you good

Last edited by GoldBluded; 01-23-2011 at 05:40 PM..
 01-23-2011, 06:21 PMaway - #5
kkkid 111 heat pts111

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^When it revalues i highly doubt that it that dinar will be worth 3 usd.
 01-23-2011, 06:26 PMaway - #6
o7media 10 heat pts10

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Originally Posted by kkkid
^When it revalues i highly doubt that it that dinar will be worth 3 usd.
This.
 01-23-2011, 07:33 PMaway - #7
Sammyboi22 

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It will revalue from .01 to like .01034. Then eventually get around like .25 when were old and wrinkled.
 01-23-2011, 07:58 PMaway - #8
kkkid 111 heat pts111

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Even if it gets to 0.50 no one is gonna want to buy the !!in iraqi currency off you.
 01-23-2011, 10:56 PMaway - #9
hockeythug 48 heat pts48

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I can think of 1,000 better things to invest in than the Iraqi currency
 01-24-2011, 02:29 AMaway - #10
8887 

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can think of 1,000 better things to invest in than the Iraqi currency


me too but im over here and this !! is everywhere.
 01-26-2011, 01:47 PMaway - #11
WeightOnMeRec. 

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Dumped mine on eBay for half of spot rate.
565k for $775

Iraq doesn't recognize their currency after it leaves the country.
It's also pegged to the dollar.
 01-28-2011, 03:27 AMaway - #12
peppaboy318 

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Yeah u gotta be smart with the DInar. No US banks will take em or if they do they will have a crazy exchange rate. Just because they can, cuz who is going to fly back to Iraq to exchange Dinar. SO do what I did, open up an Iraqi account at the US Embassy. My account has a visa debit card and can be converted back into US$s at anytime. Best way to go!
 01-29-2011, 05:36 PMaway - #13
jutnice 

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Originally Posted by hockeythug
I can think of 1,000 better things to invest in than the Iraqi currency
put me on...... what other kind of investments/ chances you can take for 50 to 200 bones?
 01-29-2011, 09:07 PMaway - #14
Sammyboi22 

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Originally Posted by jutnice
put me on...... what other kind of investments/ chances you can take for 50 to 200 bones?
you have a better shot playing casino games with that. Unless you wanna be a millionaire in a !! currency
 
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