Would anybody advise investing in Iraqi Dinar? 500 dollars turns to over 600,000 Iraqi Dinar.?

Question

I cant see the Iraqi economy falling any lower than it already is, however there is always a chance for recall... Any thoughts would be great

Answer 1

If your desire is a pure currency speculation, I would look at the Euro. Interest rates in the EU are firm and the currency is strong against a week dollar. One must remember transaction fees can eat up a lot of profit.

Answer 2

If you don't have a use for Iraqi Dinars, Why buy any??

Would you be buying from a reputable source? or a boiler room operation, that is trying to scam you?

Are there any charges in regard to the buying and delivery to you.?

Do you know where and how you can re-sell them and at what costs.?

What happens if Iraqi Gov't changes the money system and you have to trade your Dinars in Person in Iraq to get the new currency?

It's not a gamble I would want to do.

Answer 3

DON'T FOLLOW IDIOTS who take part in that SCAM.

You need worthless papers? Better buy toilet paper.

Email me at Pupking [at] LuckyMail [dot] Com for a professional advice.

I wish you success!

Answer 4

Sure why not!  Its only $500.00  Everyone should speculate a little bit as a part of their overall investment strategy.  I like your idea!