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-   -   Buy iraqi money and get rich fools (link) (https://gfy.com/showthread.php?t=361807)

MrJackMeHoff 09-25-2004 04:19 AM

Buy iraqi money and get rich fools (link)
 
Err is all I can say..

Buy Dinar while its cheap

Manowar 09-25-2004 04:22 AM

I'd rather bet on horses :1orglaugh

robfantasy 09-25-2004 04:22 AM

this would be a good investment if u believe the US can stablize an economy/government there

xclusive 09-25-2004 04:26 AM

Looks like it's time to dump my google stock and buy myself some dinars...

erehwon 09-25-2004 04:40 AM

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.

Slick 09-25-2004 06:23 AM

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.

Nicky 09-25-2004 06:26 AM

If the economy shape up and the land shapes up id invest in it in a second! :thumbsup

Shoehorn! 09-25-2004 06:27 AM

Old news. People sarted auctioning that crap on Ebay at least a year ago. Jackass.




Let's cook steak tomorrow. :glugglug

mardigras 09-25-2004 06:28 AM

This is a good opportunity for all of the Bush supporters around here to put their money where their mouth is.:thumbsup

Tex Willer 09-25-2004 07:25 AM

"We are freedom loving Americans that believe..."

lol

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

lol :1orglaugh

TechNtentions 09-25-2004 07:31 AM

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.

TechNtentions 09-25-2004 07:33 AM

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.:thumbsup
actually investing in dinars would be for Kerry supporters.
Bush=war
Kerry/other=war ending, economy rising (we hope)

Adultlexicon 09-25-2004 07:33 AM

Quote:

Originally posted by Manowar
I'd rather bet on horses :1orglaugh
nice sig dude !!

Basic_man 09-25-2004 07:34 AM

5 million Dinars
$5125

:1orglaugh

Manowar 09-25-2004 07:35 AM

Quote:

Originally posted by Adultlexicon
nice sig dude !!
thanks, i have a ton of gifs of the subaru ... i'll change them month by month :)

robfantasy 09-25-2004 07:36 AM

hell no it will never be 1:1, not in our lifetime

TechNtentions 09-25-2004 07:37 AM

Quote:

Originally posted by robfantasy
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 :)

Brujah 09-25-2004 07:37 AM

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.

TechNtentions 09-25-2004 07:39 AM

Quote:

Originally posted by Brujah
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.

warlock5 09-25-2004 08:11 AM

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...

dirtysouth 09-25-2004 08:39 AM

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. :glugglug

Goatse 09-25-2004 08:40 AM

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.

tony286 09-25-2004 08:59 AM

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

Adultlexicon 09-25-2004 09:10 AM

whahahahah http://betoniraq.com/images/girlWFlagSS.jpg


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