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Broncoman13 · 08-12-2004, 07:55 PM

I'm fine with it being long term. I look at it this way. Pre-war the Dinar was worth up to $3.20 US per 1 Iraqi Dinar. Right now the rate is about 1400 per $1.00 US. I can pick up about 1 million Dinar for under $1000. Should the Dinar go up to $.01 US that is $10,000 I've made on a $1000 investment. Should it go up to .10 that is $100,000 I've made. Should it go up to pre-war levels that is a $3.2 million dollar gain on a $1000 investment. Certainly high risk and unstable... I'm just trying to find out if there are people here that have done a lot of research on this type of investment. Very similar to the Kuwait situation during the first gulf war. What once was .10 is now 3.60 in Kuwait!!!

08-12-2004, 07:55 PM	#5
Broncoman13 Broncoholic JT #80 Join Date: May 2001 Location: Colorado Posts: 16,961 Adopt-a-Bronco: Orange Julius	I'm fine with it being long term. I look at it this way. Pre-war the Dinar was worth up to $3.20 US per 1 Iraqi Dinar. Right now the rate is about 1400 per $1.00 US. I can pick up about 1 million Dinar for under $1000. Should the Dinar go up to $.01 US that is $10,000 I've made on a $1000 investment. Should it go up to .10 that is $100,000 I've made. Should it go up to pre-war levels that is a $3.2 million dollar gain on a $1000 investment. Certainly high risk and unstable... I'm just trying to find out if there are people here that have done a lot of research on this type of investment. Very similar to the Kuwait situation during the first gulf war. What once was .10 is now 3.60 in Kuwait!!!