Iraqi Dinar

[bmwannabe]

The new Iraqi currency is out. Anyone bought any? What are your thoughts on what will happen with it?

[nando]

you'd have to be crazy. Iraq is still way to unstable. maybe in 20 years, if they can stop shooting at each other.

[Ryan Stewart]

I was but word is MIcrosoft is planning a hostile takover so currently there is a buying freeze..

I think it was going to be called Islam XP Desert Edition

[M-technik-3]

I have some of both old and new. Courtesy of the US Gov't allow me to spend a few hot days in the fine region the Middle East is.

I realy believe the crazy heat temperatures make them so stinkin irratable towards each other hence no tolorence levels. But I have quite a few friends that I still talk with via email occassional in Saudi.

[theberglar]

My friend had some of the old stuff with Saddam on it. I would only get a little bit of the new stuff, if any, for novelty purposes. It's not funny without Saddam's picture, though.

[bmwannabe]

my thoughts are, if i buy some and bush gets re elected, it would go up in value because we would stay in Iraq longer and not pull out pre maturely and the economy over there would stabilize and grow. If Kerry gets elected and i had alot of Dinar, i would be a mad motherfucker because we would most definately pull out early, leaving the nation of Iraq to self distruct by beating itself to death. Thus the Dinar wouldnt be worth shit. I bought 10000 dinar on ebay today just for fun. Im thinking of buying close to a mil here soon if i have the money.

[h0lmes]

Actually now that we are in Iraq, Kerry's plan over there is very similiar to Bush's. It was Nader who would pull out right away.

[UNHCLL]

couldnt this be considered prospecting, and thus illegal?

I'm all for it.. but it would suck if Uncle S. decides you're breaking laws...

[Ryan Stewart]

Its basically investment. A bill is essentially a government bond. Its value is determined but its strength of trade.

In buying Dinars you are basically making an investment in the government of Iraq. All bills go back to the central bank in some way possible so eventually they have to actually pay for that $ just like a bond.