the iraqi dinar, will it appreciate in value?
By yanjiaren
@yanjiaren (9031)
May 21, 2007 3:12pm CST
I have had loads of tip offs that the Iraqi Dinar is going to be revalued and who ever iis holding Dinars is going to make a hefty load of dosh. They are saying in the grapevine that they want to make the Dinar 1.26 Dinars to the U.S buck and they are thinking of implementing this from 1st June this year..So within the next twelve months the Iraqi currency will rise in value. I have bought #100.00 worth in Dinars and I am just gong to hold on to them. If they go up t what I have been told, I could end up with a couple of thousands in bucks..
Do any of you have any Iraqi Dinars and do you think this will happen soon?
2 people like this
4 responses
@yanjiaren (9031)
•
22 May 07
real estate in the U.S is down too lol, good time to buy..so I assume you got yourself some dinars then lol?
1 person likes this
@yanjiaren (9031)
•
22 May 07
I set up jem invest for that reason, to build a housing coop, we all put money and buy property together, and we all benefit..
What do you think?
I put another grand away towards the deposit..So when I get my first one, any one that is in jem invest will get a share also..
Greek saying..IN UNITY THERE IS STRENTH, what we can't do on our own, if like minded people get together they can do it!!
sORRY THIS SOUNDS LIKE A POLITICAL MANIFESTO LO, BUT i AM PASSIONATE AND BELIEVE IN THIS DREAM..HUGZ
1 person likes this
@Anniedup (3651)
• Richards Bay, South Africa
22 May 07
Off course I did, and like I said what is down must go up!
A friend of mine in the states told me a month ago, that if we should consider emigrating, now is the time to buy into the estate market in the US. because it is down. But unfortunately that is a pipe dream for me!
1 person likes this
@BrainTeaser (1428)
• Pakistan
21 May 07
I dont know where are you from but here in Pakistan people holding Iraqi Dinar since US occupied it and launched the new currency and the rate was really cheap aswell it was about 2000 Iraqi Dinar for 1 US$, And i have around 25,000 of Iraqi Dinars for the last few years and i dont think it will be going up in the near future.
@yanjiaren (9031)
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21 May 07
Just keep a hold of it, until it does..there are lots of rumours going round now..
@BrainTeaser (1428)
• Pakistan
21 May 07
Well i hope so atleast nothing had happened in past few years. :(
1 person likes this
@yanjiaren (9031)
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22 May 07
HAHHA..baby Jemmy has another special offer on lol..
I am giving 20 bucks into jem invest for any one that joins the berry tree under me, cos this will be colossal..I am ready to rumble lol..I must announce it on the jem invest site..I have 2 special offers, one giving 5 bucks to buy resell rights to a thing and 20 bucks for joining the berry tree..isn't that cute?
@lordwarwizard (35747)
• Singapore
22 May 07
As in artificially prop up the value? Not sure if it would work. Lotsa of construction work is being done - the bulk of financial transactions - and I am guessing that the companies/governments would much rather transact in e.g. USD or EUR. You have a better bet holding on to the Chinese Yuan since it is at least backed by some fundamentals. India, Vietnam, etc.. some other places to watch out for.
Not sure about the dinar really. But what do I know anyway? Shoo!! Alright, I am outta here.
1 person likes this
@yanjiaren (9031)
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22 May 07
I will look at the Yuen DON'T WORRY LOL. I will build my Wu Ji Pavilion in Henan hahaha
