im a millionaire …in another currency!
Ladies and Gentleman i bring you the country of Iraq, its got this stuff called Black Gold or Texas tea, hes a millionaire, the people say we should move away from there, but alas we are there till the oil starts pumping! so i think the Iraq Currency may be worth an investment look, a small part of the portfolio! at a value of 1 Iraqi Dinar = 0.0008807 US Dollaror 1 US Dollar (USD) = 1,135.50 Iraqi Dinar (IQD) check those rates here Currency Converter by OANDA.com, The Currency SiteOANDA.com, The Currency SiteOANDA.com, The Currency Site.
Now im no one to take advise from! so dont do this its not a good idea!
HOWEVER WAR can be a good investment?
Look at the German Mark after World War II The Kuwait Dinar, reduced to a value of $0.10 after the first Gulf War, has rebounded to its current value of $3.42!
Did i mention that The United States is building the largest U.S. Embassy in the world in Baghdad
BAGHDAD, Iraq – The fortress-like compound rising beside the Tigris River here will be the largest of its kind in the world, the size of Vatican City, with the population of a small town, its own defense force, self-contained power and water, and a precarious perch at the heart of Iraq’s turbulent future.
The new U.S. Embassy also seems as cloaked in secrecy as the ministate in Rome. READ MORE HERE…..
June 7, 2004 “Bankers at the Bank of Nasariah, World Bank, are projecting the Dinar value to be .43 cents US per Dinar within the next decade”.
Iraq has a Stock market. Thirty available i think. Pepsi Baghdad, Al-Helal Industry, Dar-Al-Salam bank, Al-Kazer Construction are a few of the ones available for investment.
