Nader From The Mid East
Yes, it's going to revalue. When? I don't know. But it's going to revalue. They have to revalue. If you look at the history and you look at the wealth Iraq has...It's real. What's going on is real...The revolution of the dinar is there. The reinstatement is there. They're going to have to reinstate...The...dinar was down because of the war and the sanctions...Iraq got heavily sanctions. But now the country is going back to normal.
Pimpy
This is what I think is funny about these so-called professionals. They start off by telling you the Iraqi dinar is never going revalue and then they turn around and tell you well, there is some possibilities. Either it is or it isn't. Why don't you just be honest about the Iraqi dinar?
The dinar is not a scam. It's a legitimate currency. Can it increase in value? Of course it could.
Month, month and a half there's been quite a bit of positive news coming out of Iraq. Let's hope they stay out of trouble and continue working on doing what it takes to regain their sovereignty. They're taking all the right steps to do what it takes to appreciate the Iraqi dinar which all of us are happy about.
You still got people out there...swearing up and down that means there's going to be a reinstatement of the $3.22 rate.
I'm going to continue to tell you no it isn't. I still believe the Iraqi dinar is going to go up in increments. It's not going to jump up to $3.22 right off the get-go. It'll get there fairly quick but it's not going to happen overnight. As long as they stay in the good graces of the Untied States everything should be fine...
In the news we see Iraq is involved in another currency swap...The fact they're now starting to prepare themselves to do currency swaps with UAE is big news.
The more they do that with other countries the stronger the Iraqi dinar becomes. Think supply and demand. In order for you to do a currency swap you have to take in their currencies and they have to take in yours...
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