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Thread: Give it a try.

  1. #1
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    Default Give it a try.

    Hi,

    Well, I thought I would purchase some, just in case this does work out like all are hoping... bought $100,000.

    Just wondering wouldn't the FOREX or banks be suddenly flooded with Billions of dinar and so the exchange rate drop dramatically?

    Thanks,

    Marc.

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    Default

    Quote Originally Posted by marrrco
    Hi,

    Well, I thought I would purchase some, just in case this does work out like all are hoping... bought $100,000.

    Just wondering wouldn't the FOREX or banks be suddenly flooded with Billions of dinar and so the exchange rate drop dramatically?

    Thanks,

    Marc.

    I would imagine the amount of dinars sold to investors is relatively insignificant compared to the trillions that will become tradable.

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    Default Iraqi Investments

    Quote Originally Posted by marrrco
    Hi,

    Well, I thought I would purchase some, just in case this does work out like all are hoping... bought $100,000.

    Just wondering wouldn't the FOREX or banks be suddenly flooded with Billions of dinar and so the exchange rate drop dramatically?

    Thanks,

    Marc.
    The fact is, this is already factored into markets, so whatever is exchanged will make no impact on currency valuation.

    Good luck to all, Mike

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