Pimpy
Question: "Is it worth it to invest in the dinar?"
I have them. I think it's something to consider.
You should have discretionary funds if you're going to buy the Iraqi dinar. I hold like 4 or 5 million...I think it's worth it. I'm just holding on to it. It's a legitimate currency. It's way undervalued.
They have a lot of sanctions on them. So what happens if you take away the sanctions? Well then the currency will be able to function like it should without all this weight on its back.
I think it's worth it. Is it going to RV tomorrow? No. It's going to take time. But not a lot of time. Not like before...The steps that Iraq's taking at this present moment you can see it go up in increments without a doubt.
I think you're going to see it go up in increments...but it's going to take 2 or 3 years for it to even get close to 1 to 1.
I know you guys don't want to hear that...I definitely feel we're going to get there within the next 3 years absolutely...It's my feeling a lot of great things are happening over in the Middle East..
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