The dinar revaluation is not a scam. There have been scammers involved, and misinfo like the QFS, but the dinar situation is fascinating and logical.
The reason I bought dinar years ago came down to one simple fact: The Iraqi dinar MUST unpeg from the US dollar. When that happens, the IMF will allow it to trade internationally on FOREX, and the value will float up. The valuation will be rapid when they sell oil in dinar instead of dollars.
My father fell into the dinar scam. It's all he talked about for three years. The story never changes. Somehow the bankers will just magically make eveyrone holding dinars rich. That's weak, weak, weak stuff.
It's not the bankers making anyone rich, it's the Forex market.
And it won't be overnight. The value will float up just like any other currency. The difference with the dinar is anyone can get in on the bottom before it hits the market. Like the petrodollar, the value will rely on Iraq's oil exports. This is why Trump said the US holds $32 billion worth of Iraqi dinar.
And if it doesn't float as rapidly as expected, it can be exchanged on Forex for no loss.
This is also why I'm heavily positioned in the Iraq Stock Exchange, which is linked to the Nasdaq. It'll go international around the same time as the dinar.
The dinar revaluation is not a scam. There have been scammers involved, and misinfo like the QFS, but the dinar situation is fascinating and logical.
The reason I bought dinar years ago came down to one simple fact: The Iraqi dinar MUST unpeg from the US dollar. When that happens, the IMF will allow it to trade internationally on FOREX, and the value will float up. The valuation will be rapid when they sell oil in dinar instead of dollars.
My father fell into the dinar scam. It's all he talked about for three years. The story never changes. Somehow the bankers will just magically make eveyrone holding dinars rich. That's weak, weak, weak stuff.
It's not the bankers making anyone rich, it's the Forex market.
And it won't be overnight. The value will float up just like any other currency. The difference with the dinar is anyone can get in on the bottom before it hits the market. Like the petrodollar, the value will rely on Iraq's oil exports. This is why Trump said the US holds $32 billion worth of Iraqi dinar.
And if it doesn't float as rapidly as expected, it can be exchanged on Forex for no loss.
This is also why I'm heavily positioned in the Iraq Stock Exchange, which is linked to the Nasdaq. It'll go international around the same time as the dinar.