Investing 102

[takid455]

Heard thus tid bit an wanted others perspective. Now this sort of ruffles the purpose of this thread but with good intents.

Foreign currency investing

Iraqi Dinar in question. Currently at 1/100 of a cent roughly where it was 3.25 to 1 USD in the 90's.

Did some online research and found that the Iraq budget is supposedly to be set 2/5/13 which could lead to a revaluation of the Dinar thus yielding great returns.

one source I found
http://dinarwatchdog.com/


What I didnt see is prior revaluations and or inputs to industry of this country that is restructuring/ rebuilding to make the currency increase. Although it does have one the the biggest oil reserves in the world.


If this is true , a 1G USD investment could make overnight Millionaires if the Dinar was set equal to the dollar. Does seem this idea has been going on for sometime.

Anyone here have better input?