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Old 09-25-2004, 04:19 AM   #1
MrJackMeHoff
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Buy iraqi money and get rich fools (link)

Err is all I can say..

Buy Dinar while its cheap
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Old 09-25-2004, 04:22 AM   #2
Manowar
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I'd rather bet on horses
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Old 09-25-2004, 04:22 AM   #3
robfantasy
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this would be a good investment if u believe the US can stablize an economy/government there
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Old 09-25-2004, 04:26 AM   #4
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Looks like it's time to dump my google stock and buy myself some dinars...
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Old 09-25-2004, 04:40 AM   #5
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Ah huh, ok, The National Intelligence Council has said there's a good chance for a civil war by end of 2005 and at best, stability in Iraq would be tenuous.

The security there is all fucked up, and the terrorists know the longer they can fuck things up, the more pissed off the Iraqi citizens will be at the Americans, and the less likely things will get to the standard that Dinars will be a world class currency to trade with.

This time last year I would have been buying Dinars, now, I think you have a better chance buying Leone's from Sierra Leone, and waiting for that economy to turn around.
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Old 09-25-2004, 06:23 AM   #6
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That's actually kinda tempting there. Ya figure for a mere $1050, you could buy 1,000,000 dinars, so it's not a big chunk of money to put down and it could have a nice sized payoff if things get going over there, but then again, in it's current condition, it's not looking good.
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Old 09-25-2004, 06:26 AM   #7
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If the economy shape up and the land shapes up id invest in it in a second!
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Old 09-25-2004, 06:27 AM   #8
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Old news. People sarted auctioning that crap on Ebay at least a year ago. Jackass.




Let's cook steak tomorrow.
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Old 09-25-2004, 06:28 AM   #9
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This is a good opportunity for all of the Bush supporters around here to put their money where their mouth is.
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Old 09-25-2004, 07:25 AM   #10
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"We are freedom loving Americans that believe..."

lol

"We are not professional financial consultants or Wall Street gurus"

lol
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Old 09-25-2004, 07:31 AM   #11
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Well, just back in June of this year, 1 Dinar was worth over $3.30 USD. If Iraq's economy even gets back upto $1=1 Dinar, it's still a good investment.

25,000 dinars is around $17USD right now, which I have 25 1,000 dinar bills in my safe right now. If Iraq goes 1:1, i've gained nearly $25,000 in USD.

I figure, i only paid so little for the dinars, what do i have to lose?? If iraq's value goes back up, then I have lots to gain.
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Old 09-25-2004, 07:33 AM   #12
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Quote:
Originally posted by mardigras
This is a good opportunity for all of the Bush supporters around here to put their money where their mouth is.
actually investing in dinars would be for Kerry supporters.
Bush=war
Kerry/other=war ending, economy rising (we hope)
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Old 09-25-2004, 07:33 AM   #13
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I'd rather bet on horses
nice sig dude !!
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Old 09-25-2004, 07:34 AM   #14
Basic_man
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5 million Dinars
$5125

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Old 09-25-2004, 07:35 AM   #15
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nice sig dude !!
thanks, i have a ton of gifs of the subaru ... i'll change them month by month
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Old 09-25-2004, 07:36 AM   #16
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hell no it will never be 1:1, not in our lifetime
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Old 09-25-2004, 07:37 AM   #17
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hell no it will never be 1:1, not in our lifetime
wrong... unless your only 6 months old, it's been 1:3.30 for years
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Old 09-25-2004, 07:37 AM   #18
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Donnerbauer says his biggest customers are U.S. soldiers and employees of Kellogg Brown & Root, a subsidiary of the contracting firm Halliburton that has a large workforce in Iraq.

Given that the Iraqi dinar is not yet traded on major global currency exchanges, there's no guarantee that buyers of the bills will be able to easily sell them.
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Old 09-25-2004, 07:39 AM   #19
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Donnerbauer says his biggest customers are U.S. soldiers and employees of Kellogg Brown & Root, a subsidiary of the contracting firm Halliburton that has a large workforce in Iraq.

Given that the Iraqi dinar is not yet traded on major global currency exchanges, there's no guarantee that buyers of the bills will be able to easily sell them.
your right.... as long as your in Iraq, you can exchange the new Dinars. Since the war, the Bank of Iraq will only trade iraq currency in iraq... no where else in the world.
So in order for the investment to be good, the ratio has to be 1:1 or greater, and the US banks start accepting exchanges again.
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Old 09-25-2004, 08:11 AM   #20
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The original dinars will be worth more, at least on the underground market in iraq, because they aren't going to be printing any new ones...
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Old 09-25-2004, 08:39 AM   #21
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Quote:
Originally posted by TechNtentions
Well, just back in June of this year, 1 Dinar was worth over $3.30 USD. If Iraq's economy even gets back upto $1=1 Dinar, it's still a good investment.

25,000 dinars is around $17USD right now, which I have 25 1,000 dinar bills in my safe right now. If Iraq goes 1:1, i've gained nearly $25,000 in USD.

I figure, i only paid so little for the dinars, what do i have to lose?? If iraq's value goes back up, then I have lots to gain.
I did the exact same thing. Figured what the hell...$17 dollar investment.
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Old 09-25-2004, 08:40 AM   #22
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Today's Dinar is worthless and it always will be. Those who expect a 10,000% jump are just deluding themselves. Even Iraqis won't touch it with a ten foot pole. They want US dollars or Euros.
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Old 09-25-2004, 08:59 AM   #23
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The question is how do you know the home made site is selling you real ones not fake ones? Another thought I had say if its a terrorist group looking for US dollars and then you buy from this site and you wind up on a watch list. That would be fucked
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Old 09-25-2004, 09:10 AM   #24
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whahahahah
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