I had seen all kinds of people selling Iraqi Dinars on eBay, but I was always hesistant about buying them because there was no place to sell them except eBay. I also wasn't sure if the Iraqis would ever start using the new Iraqi Dinars. I thought they might use some other currency like the Euro instead. There are companies selling the new Iraqi Dinars, and they claim that you will be an instant millionaire if you buy Iraqi Dinars and re-sell them in the future. What do you think about the new Iraqi Dinar? Does it seem like something you could ever profit from?
2007-10-28 19:37:10 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
I never bought one, but one could earn a lot of money if Iraq's economy took off. One could also lose his shirt. I think it's pretty risky considering they keep blowing themselves up.
2007-10-28 19:41:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, Iraq is using the New Dinars as of 2007 law in effect.
you dont have to spend too much, like 20 bucks gets you 20,000 not a bad deal and not any big deal at all.
2007-10-29 14:14:25 · answer #2 · answered by JGdancin 2 · 1⤊ 0⤋
NO and it would be same as buying WW II German War Bonds or Confederate currency.
Why?
Iraq depends on us the United States 1000% without our presence there what do you think a Dinar will be worth?
2007-10-29 02:44:14 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Its a scam a new Iraqi Dinar offers no fantastic chance of getting rich, who is to say it will even be a recognized currency in the future, you will be investing in PAPER.
Ebay should ban the sales of this item and ban the scammers!!!
2007-10-29 02:41:00 · answer #4 · answered by conranger1 7 · 1⤊ 0⤋
hell, that would be pretty cool seeing as when I was there we busted in to a building that had 2,000,000 of them
sent them home as war trophies, burned 1000 of them in my fire place
2007-10-29 02:43:59 · answer #5 · answered by Captain J 3 · 0⤊ 0⤋