Dinar trading

[Kiki Cannoli]

anybody buy dinar?

 

[Mr. H.]

I'm flyin' if your buyin'.

 

[Baruch Menachem]

What's for Dinar?

[ame="http://www.youtube.com/watch?v=pCbw0BLS4m0"]Yum yum[/ame]

 

[Kiki Cannoli]

everybody is a comedian!

 

[peach174]

anybody buy dinar?

Do you trade in Iraqi money?
Is it becoming worth it to trade?

 

[Kiki Cannoli]

anybody buy dinar?

Do you trade in Iraqi money?
Is it becoming worth it to trade?

Well, this is what I am asking. The value today is .09 USA cents to 1 dinar. Now that Iraq is a rich sovereign nation, it will need to buy its currency back.

Can't get much lower than a ninth of a cent so the upfront risk is marginalized; its got to move.

 

[Mr. H.]

Good point. They'll be cranking out more oil as the months pass.

 

[Baruch Menachem]

anybody buy dinar?

Do you trade in Iraqi money?
Is it becoming worth it to trade?

Well, this is what I am asking. The value today is .09 USA cents to 1 dinar. Now that Iraq is a rich sovereign nation, it will need to buy its currency back.

Can't get much lower than a ninth of a cent so the upfront risk is marginalized; its got to move.

As the folks in Zimbabwe or Russia about that assertion. Or for that matter, South Korea.

 

[Mr. H.]

My wife's kid brought some of this currency back with him when he was deployed.
I'll have to find it. Probably have 27 cents worth.

 

[Kiki Cannoli]

Do you trade in Iraqi money?
Is it becoming worth it to trade?

Well, this is what I am asking. The value today is .09 USA cents to 1 dinar. Now that Iraq is a rich sovereign nation, it will need to buy its currency back.

Can't get much lower than a ninth of a cent so the upfront risk is marginalized; its got to move.

As the folks in Zimbabwe or Russia about that assertion. Or for that matter, South Korea.

Is the wealth in natural resources in those countries comparable to that of Iraq?

 

[Baruch Menachem]

Zimbabwe has Diamonds, Gold, Copper, all kinds of good stuff.

South Korea has a slightly psycho culture and not much else

Russia has absolutely every conceivable resource. And a government determined to wreck it.

South Korea is the richest of the three.