Iraqi Dinar Investment good or bad?

@qtfrog99 (279)
United States
September 15, 2011 2:05pm CST
I have been reading a lot on the web about people investing in the Iraqi Dinar. I am not sure if this is a safe investment or not. I guess you wouldn't really lose out cause what ever you spent to buy the dinar you would get back when you sold it right? right now you get something like 1100 dinar for 1 USD. There are many that say it will eventually be equal in value to the US Dollar. So if you were to purchase $100,000,000.00 Dinar evenutally you could trade it in for 1 million US dollar. Of course I am sure you would have to pay capital gain taxes on it, cause uncle sam would want his share but shoot you would still walk away with more than 3/4 million USD. So is this too good to be true? I feel like if I don't buy at least a little bit and it goes equal value I will be a fool. What do you think?
1 response
@cow_boy29 (236)
• United States
16 Sep 11
you msut save in gold invest it can be down so many investor choose this way
@qtfrog99 (279)
• United States
16 Sep 11
Could you steer me in a direction on where to get gold?