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Originally Posted by PornGreen
thanks for the tips. are any of you actually doing it?
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OH Yes PG... Oh yes
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Originally Posted by Domain Diva
Both dinartrade and dinarbay and many more are way overcharging ...
You may also wish to consider some of the following info... (IQD = Iraqi Diner)
Iraqi Ministry of Finance –“ Iraqi Customs does not permit the entry of IQD currency and will confiscate funds, and that FedEx is not permitted to handle and deliver IQD currency in or out of Iraq”.
U.S. Servicemen, and contractors in Iraqi purchased paper Dinar in anticipation of what appears to be an impending revaluation, they may have overlooked the fact that Iraq currency is a national currency only to be used and handled within the Republic of Iraq and not to be used, circulated, or handled internationally in any way.
and this from a serviceman there...* (Its long but worth the read for any investor )
Wed Dec 29, 2010
" I am currently located inside of the Green Zone in Iraq and no one carries the actual currency on them. Most of us have transfer accounts because of the conditions and lawful restrictions that come with this currency. It states that the currency cannot be handled outside of Iraqi borders. Understandable, if you note that the currency is presently deemed non-legal tender at this point. Which coinsides with these statements. It, at this point, is not tradeable currency in the world which makes it useless and unlawful to possess, move, or handle outside of their country at this present time. For example, such a law might outlaw the use of foreign coins and bank notes, or require a license to perform financial transactions in a foreign currency. In this case, it means Iraq. I believe, when the currency is formally introduced into the world market, anyone with the actual paper currency in their possession will have to provide documents showing the purchase of that currency AFTER officially being accepted into the world market. Without these documents, the Iraqi Dinar can very well be confiscated from the possessor at that very moment. That's my take on the situation because it happened in Kuwait years ago, and I don't think Iraq is gonna fall for the same mistake that their counterparts fell for without having some stipulations. "
Seems a very very risky investment in my view ?
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Your view is based on what? That info?
If thats the case I suggest you do a little more research. You think that what is happening inside Iraq has ANY bearing on those of us in the US holding the currency then you are very wrong. I believe you may have just stated the official story being fed to the soldiers about what is happening with this currency by the Iraqi/US Gov but I do know that MUCH of that is bullshit.
DinarTrade is not overcharging - have you looked at the exchange rate? What are you talking about?
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Originally Posted by woj
you guys are just trolling, right?  |
Woj - I know about your programming skills - you seem to be a smart guy... Do you really think this is trolling?