The Iraqi Dinar is a bad investment and here is why: Greedy dealers are going out of their way to promote this new currency as a way to become rich by investing a small amount ($1,200 US Dollars).
Take for example the news release that Donald Trump invested $30 million dollars giving him 35,070,000,000 Dinar. The story goes on to state that the dinar will be revalued by Iraq so that it matches the dollar 1 to 1, which would turns trump’s imaginary investment into 35 billion!
There is NO TRUTH to that story and it was written by a dinar dealer who used a basic news publishing website to promote the story which was quickly picked up by enthusiasts.
There is in fact speculation that the Iraqi Dinar will be revalued, but no one knows for sure when and if so, at what price.
The new dinar is real, and right now you can pick up 1170.00 Dinar for $1 US dollar. It has been increasing in value, but at a snails pace and it is a big gamble. If you’re looking to buy Iraqi Dinar, then make sure you read our news, understand the risks and buy from a seller with a long history of positive feedback.
Well, I know there are an awful lot of people counting on the Dinar going up in value. Hundreds, even thousands of people who have purchased Dinar.
Many investments are a risk, we know that going in, but the Dinar doesn’t have to increase much for everyone to see a profit. Or we could all end up with egg on our faces.
It’s pretty hard to tell right now.
If we as Americans buy Denar’s, does that not support the Iraqi government and by default hurt our American troops?
If we purchase the Denar, I believe it will help to stabilize the country and therefore help keep our troops out of harms way.
does anyone think buying the denar is a good investment ,, whats your tack on this ????? and do u think i should go out and buy some denar ??
Hey Lenny,
No way! Take a look at the track record of the last six months alone and you’ll see the dinar decreasing in value. You probably have better odds buying lottery tickets, but if you do decide to invest, make sure you buy iraqi dinar from your local bank and skip the risk of buying online! Plus, no shipping fees!!!
I stopped at 2 Banks Today. BB&T said they had stopped selling it 2 weeks ago, Regions said they were told by the FEDS that they could not Sell it. I asked them both WHY they said they did not know . BB&T said no Bank was selling it now ???
RE, what is the process…..from beginning to end?
Wondering if the iraqi dinar be revalued, well it ain’t happen folks, just a pipe dream!
I have purchased several thousand of dollars of iraqi dinars, and I hope this will rv soon I wanted to buy a house but as of today its sill a pipe dream. It probably will never happen. i guess i am out of luck
Why are there so many pros, and cons, on the investing in the dinar, is this a scam,and. if so, why?
if a lot of people are buying Dinar isn’t the demand for dinar going up? So wouldn’t it increase in value?
No different then buying a Penny Stock or a Lottery Ticket…..Right!
I had a dinar investment enthusiast give me a $25,000 note and told me the whole revaluation story. I used to work in investments so I took it with a grain of salt. However, a higher value revaluation is inevitable…it just might not be as fast and as high as some “speculate”. Knowing how game works tempers expectation…if it sounds like a a quick, high-return scenario…be assured, it isn’t. However, the fact that the govt is restricting purchase bodes well. This has been before in currency revaluations…even the US back when the dollar was reset to gold. This helps control the monetary change over and helps w/ predictability. It is speculated that if & when our dollar is reset to the gold standard, the govt will confiscate gold and offer a “fair” price to holders, not what a market would determine….this is part of that control & predictability element.
Anyway, the tip does make for an interesting story. I’m just gonna hold it for a while. With Iraq’s oil production increasing daily…it’s currency is bound to rise.
denar.com was knocked out of the internet on June 5th.
DNS was broadweb.net operated by support@intersessions.com
Now when I try to log onto denar.com google refers user to denar.org.
What happened to denar.com??
First of all at best this is a highly speculative investment so if that is your thing you should move forward with that understanding. The most likely time for a new valuation is when the US troops are withdrawn from Iraq and the flow of USD stop going into the country. Maybe put a few bucks in and have some fun but don’t bet the farm.
I have friends buying thousands of US Dollars of Iraq Dinar thinking its going to make them over night successful millionaires so the they think. The issue remains to see if Iran invades Iraq which some say won’t happen but with Iran’s leadership being very unstable and the U.S. Military pulling out of Iraq I think Al Quada will increase to take over the government or Iran will invade should that happen and either faction seize control of Iraq the dinar will be worthless like Germany in WW2. If Iraq stays stable and we begin to build in that country, industrialize it then your investment with Dinar might be worth having. Time tells all but right now that is a long shot on your investment.