View Single Post
  #6  
Old 12-11-2006, 02:04 AM
huber117 huber117 is offline
Senior Member
 
Join Date: Oct 2006
Posts: 114
Default Re: invest in iraqi dinars?

i have a cousin whos in iraq right now, he said its around 1,000,000 dinars for 650 dollars. when i started looking into it i found alot of bs sites and ebay listings for them at higher prices, kinda makin a scam out of the situation, with get rich quik stories and whatnot. im sure that it will be a while before iraq makes any progress if at all. but when you think about it, even if there is a 10% chance the dinar reaches $1 ten years from now, making that 650 dollar investment worth 1,000,000 or so, isnt it worth the high risk? kind of like implied odds in poker, only here the implied odds are much higher. any thoughts? anybody actually invest in them? im skeptical, but still interested since its alot better then the 10% crap that makes you money by the time you dont need it anymore.
Reply With Quote