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  1. #1
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    Default will dinar every be worth something

    will dinar every be worth something
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    Senior Member WebGuy75903's Avatar
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    Actually, it's worth something now. If you hold a million dinar, it is worth just over $800 US Dollars. So maybe your meant your question to be "Will the dinar ever be worth anything substantial?". That's the speculation part of this whole investment. No one can say for sure, but we are all invested because we believe it can happen. Some folks think it could happen soon, while others think we're a long ways off. If history is to repeat itself (which it tends to do more often than not), then yes, it will be worth something... Since, historically-speaking, it had a relatively decent value prior to the Persian Gulf war. The only question, which no one can answer, is when.
    Four years ago... no, it was yesterday. Today I... No, that wasn't me. Sometimes I... No, I don't.

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    Senior Member Bungalobill's Avatar
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    Sure, one pip at a time. (For me at around 19 bucks per pip.) Question is, how much tolerance do you have to wait for the profit you desire under slow-grow, or at what point do you dump for break-even or small profit in case of all-out civil war in the region probably leading to dinar depreciation, or the unlikely event of forcing you to trade or lose New Iraqi Dinars for even Newer Iraqi Dinars in case of a lop and reprint, (most likely time for that will be when it hits 1000 to 1). One scary thing is this rumor that Chase is no longer buying back dinars, but havent confirmed that yet, however you can guarantee that if/when they or any other US bank does, the fees will be substantial and could wipe out anything you have gained.

    Bottom line.. too many variables right now to answer your question.
    Last edited by Bungalobill; 01-08-2007 at 09:32 PM.

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    Member sexydinarlady's Avatar
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    Quote Originally Posted by Bungalobill View Post
    Sure, one pip at a time. (For me at around 19 bucks per pip.) Question is, how much tolerance you have to wait for the profit you desire, or at what point do you dump for break-even or small profit in case of all-out civil war in the region, or if you see the dinar depreaciating in value, or when are they going to make you trade in New Iraqi Dinars for even Newer Iraqi Dinars in the event of a lop and reprint.
    If there is no talk of a reprint then hang in there and dream of a condo in MX (along with many other places).
    Rich and sexy.

  6. #5
    Senior Member Bungalobill's Avatar
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    Quote Originally Posted by sexydinarlady View Post
    If there is no talk of a reprint then hang in there and dream of a condo in MX (along with many other places).

    Several places and a yacht of course!

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    Quote Originally Posted by johnshaw View Post
    will dinar every be worth something
    When it gets on the open market.

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    Member sexydinarlady's Avatar
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    Quote Originally Posted by Bungalobill View Post
    Several places and a yacht of course!
    Of course, party time. May have to be patient though.
    Rich and sexy.

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    Boy am i glad i didnt recommend this investment to anybody.

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    Member sexydinarlady's Avatar
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    Quote Originally Posted by arvie View Post
    Boy am i glad i didnt recommend this investment to anybody.

    Me too...
    Rich and sexy.

  11. #10
    Senior Investor Inscrutable's Avatar
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    It will be worth something but only to the Iraqi's in the "New Iraq"


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