Iraqi Dinars (IQD) Good Or Bad Investment in 2012? | Exchange Forecast Real Or Scam

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Investing in Iraqi Dinar A Good Or Bad Move?

Well, currency investment could be good idea if you are 90% sure that your currency speculation or forecast is going to be true. In case of Iraqi Dinar or IQD it is not that easy to just say it will increase its worth and regain its lost value which was quite stable at pre-war time . A war specially from a super power causes very bad impact on a country's economy and this is also the reason that USA uses its own currency dollar in the war zone of Iraq and Afghanistan. Is 2012 a good time to invest in Iraqi Dinar?

If we think about the after war effects on a country, it is going to be stable economy if not stable better than the war periods at least. So when a financial analyst forecasts that Iraqi currency will regain its value or become stronger then this sounds true and practically and logically possible. However the tricky part is how long it will take, one year or five years. If it does recover and economy becomes stable how much value of currency will increase? If it is very small increase then most of us will be disappointed that we waited so long and gained so little! maybe investing into another business was a good idea, so anything is possible.

My point is very simple, I can only believe in experts that say it will increase but I cannot believe in those claims that Iraqi Dinar investment will make you rich, because this is logically not possible as the currency revaluation will be a slow process which will happen over the years. Secondly the valuation will not break all records of history, a country destroyed by a super power will take years to recover and stand on its own feet first before it could start to challenge other currencies.

Discussion: Readers Opinion on Dinar Speculations

If I invest in Iraqi Dinar, can I become rich?

One can think it all fake and few smart businessmen are trying to make us fool by selling us Iraqi dinars at expensive rates. On the other hand one feels if it is war zone and currency has reached its lowest possible value then once US forces leave Iraq it will definitely regain the value and become stronger.

So please participate in this debate below and let others know what you think about this investment being safe or scam.

Do You Believe Iraqi Dinar is a good investment?

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Yes I agree

J. Paul says:

Absolutely, the Iraqi Dinar, although somewhat speculative will prove to be a great investment. Think about it..... The Dinar cannot be valued any lower than it is now and at its high point I think it was $4.50 and as early as 1988 the Dinar had a valuation of $3.46. So, think about it.... The Iraqi Dinar will be backed up by Gold and Oil unlike the US Dollar with is backed up by DEBT. Therefor, the US Dollar is merely VAPOR PAPER.....it is worthless and backed up by debt owed to the Chinese. The Dinar is dirt cheap right now, so what do you or anyone have to lose? One hundred dollars? Big deal.... My wife and I purchased 6 MIL and we will see what happens,,,,, The worst thing that could happen is we lose a little over $6,000.0......the best thing is we make tons of money. Huge upside in my opinion and the potential for reward far outweights the risk...............

Ronnie Goodman says:

Eventually The Uncirculated Saddam Hussein 10000 Banknotes Will Be Worth Lots Of $$$$$ In Due Time. 5-20 Years From Now. You Have To Just Put Them Away Safely. I Have 7000000 Million In Saddam Hussein Banknotes Even If It Goes Up 1Cent I Am Rich. Wait For 10 Cents I Am Richer Yet. Get The Hint. Invest In The Old Saddam Hussein. Or New Ones. But With Saddam Hussein Will Be Worth Lots To Even With Collectors In Time. Save & Put Away.
Thank You, Ronnie
Agoodmansworld@gmail.com

bloomingrose says:

I think it may really be a great investment - and if not you can turn it bad. But don't invest more than you can afford to lose.

No, I do not agree

vitalmughal says:

I think not a good investment if you plan to get returns in short run but it can be very good investment for long term. In my case i can only invest my spare cash as otherwise i will have my money stuck and i will be double minded whether to change it back to dollars or not. But i think investing $100 in iraqi dinars is not a bad idea.

 

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Dinar Vs Silver Investment.

Silver is an Alternate Investment With Higher Chance of Success.

One alternative investment which many economies believe that it will gain value in coming years is the Silver investment. The upcoming super power China is appreciating its investors to invest in silver and they have been busy in collecting silver as they strongly believe that it will be a safe investment and will give its fruit in shorter period of time.

So when we compare Silver with Dinar, we see silver as a SAFE investment and Iraqi Dinar as not that safe, but you never know what could happen tomorrow and the dinar investors that we now thinking are stupid jerks might make tons of money and we just stand empty handed.

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An interesting article with discussion on gold vs silver investment.

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  • bloomingrose Mar 22, 2012 @ 12:12 am | delete
    I really enjoyed this lens, a timely topic.

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