Iraqi Dinar Investing?

Question

Hi

I just came across the site below and wondered what you all think of it

http://www.iraqidinarinvesting.com

Is it worth the risk?

Answer 1

This is the biggest scam since Nigeria.

The Dinar is virtually worthless.

They will take your money and run.

Report scams and fraud here - FBI backed.

http://www.ic3.gov/default.aspx

Answer 2

HA! I don't need to even look at it- The Dinar! oh man just send me check and be done with it. I trade forx and I've been to iraq, save your money homo and don't get screwed- HA the Dinar- loser

Answer 3

these are a bunch of frauds...ignore them

Answer 4

A great place for people that have no investing experiance or knowledge. The pros look at this as a sad joke.  I think it's simply a rip off........ sure does sound good....... NOT!

Do "real" investing. Read some good books & get on the road to a solid financial future. It's not that hard!

Answer 5

When Kuwait was invaded by Iraq, those who had the foresight to buy Kuwaiti currency before the US forced Iraq's army to exit made incredible multiples on their investment. This causes others to consider - wisely - if the same pattern would appear again, would the net result be as profitable?. A lot will depend on the strength, pace and economic impact (positive or negative) of the transition. Because of the slow, high-risk transition of governments to their own full autonomy, this speculation might pay off, but you also run the risk of the currency being devalued, replaced or rebased. The Kuwaiti episode paid off because of the abrupt speed, surprise and finality of the situation. I doubt the same opportunity will arise with Iraq - but, if you can afford to lose the funds with which you're speculating... only time will tell.  I would not get involved with this.  There are too many better opportunities to invest your money.