Thread: will dinar every be worth something

will dinar every be worth something

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.

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.

Originally Posted by Bungalobill

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).

Originally Posted by sexydinarlady

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!

Originally Posted by johnshaw

will dinar every be worth something

When it gets on the open market.

Originally Posted by Bungalobill

Several places and a yacht of course!

Of course, party time. May have to be patient though.

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

Originally Posted by arvie

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

Me too...

It will be worth something but only to the Iraqi's in the "New Iraq"


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