Iraqi Dinars speculation?
#1
Blackbird baby..
Thread Starter
Iraqi Dinars speculation?
Any educated opinions on buying Dinars? (yes I know it's pure speculation).
What's the likelihood they'll (new Iraqi gov't) keep the same (new) dinar?
Will it be pegged to something (oil, dollar, euro) or float?
I know very little about currency speculation.. and I'd usually not be interested in it, but I feel this situation might be worth looking into more. The major downside would be inflation..
http://betoniraq.com/
http://www.safedinar.com/
http://www.bandgcurrency.com/
What's the likelihood they'll (new Iraqi gov't) keep the same (new) dinar?
Will it be pegged to something (oil, dollar, euro) or float?
I know very little about currency speculation.. and I'd usually not be interested in it, but I feel this situation might be worth looking into more. The major downside would be inflation..
http://betoniraq.com/
http://www.safedinar.com/
http://www.bandgcurrency.com/
#3
Blackbird baby..
Thread Starter
but whatever gov't ends up in charge, what's teh likelihood they'll keep the currency?
In the shorter term I think the gov't will work. Although mid-longer term it'll probably go the way of iran or something. That's how it was [more democratic] before saddam killed his political rivals.
In the shorter term I think the gov't will work. Although mid-longer term it'll probably go the way of iran or something. That's how it was [more democratic] before saddam killed his political rivals.
#4
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This would be an extremely short term investment. Getting into a new currency is very risky and with the current situation over there it is probably an investment I would pass since i am not that risk averse.
For those of you that do invest hopefully this is not a repeat of the Yen a couple of years ago!!!
For those of you that do invest hopefully this is not a repeat of the Yen a couple of years ago!!!