Originally Posted by kingpau
I've been doing some research myself, and have located a lot of information, but none that states that dinar will peg at $1. The information put out by those promoting the dinar (sites that sell it) commonly refer to the price prior to the war which was $3.22, what they do not say is that Saddam set the price, not the monetary fund. The price was actually at .32 on the currency markets at its highest level prior to the war. I believe that eventually the dinar will rise from its current lows, but I do not believe that it will rise to its predicted level of $1, and further believe that this is a way for the dinar sellers to get more buyers to their sites.
There are many references to the currency rallies that took place after WWII, and many made millions, however it took years and not weeks after the conflict was over.
I know people are looking for a way to re-establishes their losses from PIPS, but they should be aware that it will most likely take years and not weeks for the dinar to actually pay off.
Just another person's opinion.