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    Is Iraqi Dinar Investment a Scam?

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    goodyboy
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    Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Mon 10 Mar 2014, 17:48

    tweeted by Michelle Stark, the investigator...
    ...IMO, the sheer fact that this investment is being investigated again, now more recently, is worth the time to see what they came up with...we should welcome this being brought out into the open...we have nothing to fear....  What a Face 
    https://twitter.com/mstarktweets/status/443038468516507648




    TUESDAY: Is Iraqi Dinar Investment a Scam?

    Posted on: 9:38 am, March 10, 2014, by Michelle Stark, updated on: 03:15pm, March 10, 2014



    It sounds so easy. Invest in Iraq’s currency – called the dinar – and you could become fabulously wealthy.

    Tennessee Valley residents, along with many more across the country, are buying in. So, is it a smart move? Or a scam? WHNT News 19 is Taking Action to find out.

    Tim Jones, an Albertville resident, tells WHNT News 19 he was thinking of his children and his family’s financial future, when he used $1,000 U.S. dollars to buy 750,000 Iraqi dinar.

    The pitch was pretty compelling. Jones was told that one day soon, Iraq’s currency would rise sharply in value against the U.S. dollar, creating a huge financial windfall for him.

    Years later that “revaluation” still hasn’t happened, leaving Tim to wonder if he made the wrong choice, along with many others he knows who bought in.

    To find the truth, WHNT News 19 turned to the web – where there are countless websites, blogs and forums devoted to speculation about the dinar “revaluation” or “RV” for short – as well as the Better Business Bureau, state regulators and financial experts.

    Are the claims of a big payoff for dinar investors legit?

    To see what we found, watch WHNT News 19′s Taking Action Investigation “The Iraqi Dinar” airing Tuesday, March 11th at 10:00 p.m.

    http://whnt.com/2014/03/10/tuesday-is-iraqi-dinar-investment-a-scam/


    Last edited by goodyboy on Fri 09 May 2014, 11:24; edited 2 times in total
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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Mon 10 Mar 2014, 22:23

    from the iBeach...  What a Face 
    ...many of us non-Area (dinarian) 51 currency investors (and the good folk in our little investment group) take the time to study and monitor this investment...and my too sense while getting back to basics is that these basics could be crucial and necessary, if being crucial and necessary is a crucial requirement of your basic necessary dinarian beliefs......

    1) the conspiracy theorists are having a hey day with this investment...LOL, and laughing is crucial and necessary...
    2) Stable Iraqi GOI and continued establishment of a secure and functional economic infrastructure capable of handling the initial rise and continued rise in the value of the IQD...crucial and necessary...
    3) Iraqi Parliament passing key critical and decisive laws that will provide the stability for the infrastructure...in order to sustain and maintain a rise in the value of the IQD...crucial and necessary...
    4) The budget is essentially irrelevant to what we need to see with currency reform, yet continues to be posted almost daily into the limelight, just like it did last year, by guruian types and folks who like to post...not crucial and necessary...
    5  Ignoring the daily dinarian drama (especially all the seductive blah, blah, blah...and then the predictable gobbledygook and guruian hooks that keep you listening and believing that they know something that we don't know)...crucial and necessary...
    6) Just loving your life, just the way it is...and simply keeping your eye on the CBI, forex and ISX...crucial and necessary...
    7) In all honesty, we really do have a ways to go...and embracing this is crucial and necessary...
    Cool  Staying lit...and we have no worries if we stay real and real patient...crucial and necessary...



    Last edited by goodyboy on Thu 08 May 2014, 17:04; edited 1 time in total
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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Wed 12 Mar 2014, 14:42

    ...again, I say, bring it on...I welcome this investigation because we have nothing to fear...this current investigative process, that is getting tweeted all over the place, actually brings this out into the open beyond the closed systems of our little digital dinarian worlds...and paradoxically, it strengthens all that we know and what is not known by those influenced by and living in the mainstream...we can choose to ignore this and write it off, but we should expect to see and hear more of this as Iraq's currency reform continues to matriculate towards a rise in value of their dear dinar...the truth eventually rises... What a Face 

    the WHNT TV follow-up to the main post above...  What a Face 
    ...video link of their first in a series of upcoming investigative reports:
    http://whnt.com/2014/03/10/tuesday-is-iraqi-dinar-investment-a-scam/

    Iraqi Dinar Investment: Smart Move or Scam?

    (ALBERTVILLE, Ala.) – The claims are pretty amazing. Invest in Iraq’s currency – called the dinar – and you could become fabulously wealthy.
    How, you’ll ask, is this possible? Supporters of dinar investment argue the currency will one day rise sharply in value against the U.S. dollar. They refer to this change as a “revaluation” or ”RV” and some argue it could happen at any moment.

    Tennessee Valley residents, along with many more across the country, are buying in. So, is it a smart move? Or a scam? WHNT News 19 is taking action to find out.
    Tim Jones, an Albertville resident with a house full of kids, is among those who own Iraqi dinar. Jones tells WHNT News 19 he was thinking of his children when he paid out 1,000 U.S. dollars to get 750,000 Iraqi dinar.

    “I was like, ‘Oh my goodness! Look at all this!,’” Jones said, describing the feeling he got holding the crisp new bills.
    Jones bought his dinar years ago, expecting a “revaluation” to happen. It still hasn’t, making him question whether he, along with friends and fellow church members, made the wrong choice.

    Our investigation started online – where there are countless websites, blogs and forums devoted to Iraqi dinar. Many feature talk of an “imminent revaluation” and furious debate on when and where it will happen.

    The founder of Iraqidinarchat.net agreed to talk with us on the phone – only using his first name – Mark. Mark said he invested in Iraqi dinar 10 years ago and believes his gamble will pay off, although perhaps not in a “windfall” as some suggest.
    http://iraqidinarchat.net/

    He said he created his website as an “informational hub” for investors and told WHNT News 19, “Most all of the content on the website comes from Arabic websites that are translated.”

    Along with news headlines, Mark posts updates from the “Gurus.” “Gurus” are popular dinar promoters who encourage investors with claims of inside knowledge about Iraq or the looming revaluation.

    Mark tells WHNT News 19 some of the claims are “absolutely outlandish.” “I’m quite surprised that some of them haven’t been sued,” he said.
    In fact, false claims about the dinar or its potential to rise in value have prompted several states – including Utah and Washington - to issue warnings about the currency.
    http://commerce.utah.gov/releases/11-01-03_sec-top10-alerts.pdf
    http://www.dfi.wa.gov/consumers/alerts/iraqi-dinar-scams.htm

    In a 2011 alert, Utah’s Department of Commerce warned:
    “This scam comes in three parts: the hyped returns that play on an investorʹs greed, the deceptive practices of Iraqi Dinar dealers, and the fundamental misunderstanding of international finance.”  “Websites selling dinars also exaggerate or misrepresent history as proof that such profits are possible, but history teaches a vastly different lesson.”

    The Alabama Securities Commission has also been tracking increased interest in dinar investment and in response to WHNT News 19′s investigation, is issuing a statewide “investor alert.” You can click here to read an advance copy of that full alert. Here’s an excerpt regarding the dinar:
    “The Iraqi dinar “investment opportunity” is a scam that has existed for more than a decade and has regained some of its former popularity. As with many foreign exchange currency trading frauds, the dinar investment opportunity is often pitched as a “can’t miss” method by which the interested investor can profit from a severely undervalued Iraqi currency that is “certain” to appreciate in value in just a short time.”  “Fraudsters engaging in the dinar scam promise that extravagant profits can be realized if the investor buys the dinar at today’s values, typically 1,000 or more dinars to one U.S. dollar. The investor then exchanges the dinars for dollars at a later date, once the dinar exchange rate has improved.”

    State regulators aren’t the only ones who warn against buying dinar for profit.  The Better Business Bureau just listed Iraqi dinar investment as one of its “Top 10 Scams of 2013″ and notes scammers may use “real current events and news stories to make pitches more appealing.”  “The marketers of this plan are doing a great job,” North Alabama BBB President Michele Mason explained, “They’re putting so much out there that you’re gonna find that that may overwhelm the negative that you may really need to see.”
    http://www.bbb.org/council/news-events/news-releases/2014/02/top-ten-scams-2013/

    Another major red flag? Iraqi dinar generally cannot be bought or sold at U.S. banks so investors just like Tim Jones, often get it through private dealers, which can charge a 20 percent markup or more.  According to Alabama Securities Commission Director Joseph Borg, dinar dealers are often not properly registered to sell money as an investment and even if they are, it’s against the law to make any guarantees about an investment’s future performance.  “So right now,” Borg explained, “Those who are selling dinars as an investment vehicle are probably doing so illegally.”

    That brings us back to Tim Jones, who bought in hoping dinar would be a blessing and after hearing the expert warnings WHNT News 19 found against dinar investment, doesn’t have much hope.  “We should’ve never invested,” Jones said.

    If you’ve purchased dinars and feel you were sold false promises about their future potential, the Alabama Securities Commission wants to hear from you. Link below to read the full “investor alert” then call 1-800-222-1253.  
    http://whnt.com/2014/03/12/alabama-securities-commission-issues-investor-alert-addressing-bitcoin-iraqi-dinar/

    Stay tuned as well. WHNT News 19′s investigation into Iraqi dinar investment isn’t done yet. In upcoming reports we’ll dig deeper - exploring some of the specific arguments supporters use to justify investing in dinar. You’ll also see a noted currency expert refute those arguments and describe what he believes are major risks for investors. We’ll also address what those who hold dinar can do if they are looking to get out of the investment.


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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Wed 12 Mar 2014, 18:55

    via email from lil sister...reposted here from elsewhere...
    ...FYI for those of the crimson tide...  What a Face 

    Alabama Securities Commission Issues “Investor Alert” Addressing Bitcoin, Iraqi Dinar
    Posted on: 2:24 am, March 12, 2014, by Michelle Stark

    The ASC warns of risks to investors in Iraqi dinar with a new "investor alert."
    The Alabama Securities Commission will release the following “investor alert” statewide on Wednesday, March 12th. In response to a WHNT News 19 investigation, the alert specifically addresses investment in Iraqi dinar. An advance copy of the alert continues below.
    ——————–
    MONTGOMERY, ALABAMA (March 12, 2014) - As our state’s and the country’s economy slowly improves, Alabama citizens could still be at risk for losing their hard-earned money to high-risk investment products that guarantee or promote unrealistically high rates of return with little or no exposure to loss. The Alabama Securities Commission (ASC) receives numerous inquiries about exotic-sounding, high-yield investment “opportunities” that, in many cases, are revealed to be unregistered investments touted by unlicensed individuals who employ vague or unrealistic trading strategies. And, with the rapid evolution and marketing potential of social media and the internet, investors may be lured by the illusion that most such opportunities are legitimate. The ASC alerts Alabama investors about two current, high-profile, high-risk investment opportunities that have the potential to seriously compromise their personal financial assets if not investigated thoroughly and carefully.

    BITCOIN issues

    Virtual or digital currencies, such as Bitcoin, have recently become popular as an alternative to cash or traditional lines of credit. Bitcoin and numerous other “crypto-currencies,” may be traded on online exchanges for conventional currencies, including the U.S. dollar, or used to purchase goods and services, usually online. Unlike traditional currencies, virtual currencies’ value can fluctuate radically according to user demand. In some cases, investors who trade on virtual currency exchanges have experienced trouble redeeming the digital currency or in cashing-out. The potential for fraudsters to use crypto-currencies to perpetrate financial scams is enticing due to the currencies not being issued by a governmental authority or financial institution, and having less regulatory oversight than transactions in conventional currencies. “The increasing prevalence of Bitcoin and other digital currencies has provided a fertile environment for financial criminals to make money on the increasing popularity and acceptance of these products,” said ASC Director, Joseph Borg. “The value of Bitcoin and other crypto-currencies can be highly volatile and investors should be aware that investments that incorporate ambiguous money systems can lead to very real risks, including the potential to lose one’s money!”

    Iraqi Dinar issues

    The Iraqi dinar “investment opportunity” is a scam that has existed for more than a decade and has regained some of its former popularity. As with many foreign exchange currency trading frauds, the dinar investment opportunity is often pitched as a “can’t miss” method by which the interested investor can profit from a severely undervalued Iraqi currency that is “certain” to appreciate in value in just a short time. Fraudsters engaging in the dinar scam promise that extravagant profits can be realized if the investor buys the dinar at today’s values, typically 1,000 or more dinars to one U.S. dollar. The investor then exchanges the dinars for dollars at a later date, once the dinar exchange rate has improved.

    ASC Director Borg cautions that foreign exchange currency trading is very risky for main street investors. “Often, promoters of foreign exchange currency trading schemes, such as those involving the Iraqi dinar, lure investors with the promise of “control” over a large amount of foreign currency with a relatively small initial outlay. Fraudsters often predict inevitable increases in the currencies’ value, which will supposedly lead to huge returns over a short time, with little or no downside risk.” According to Borg, investors should not be fooled by the promise of easy money. “As with any traded commodity, investing in foreign currencies can be extremely risky and generally unsuitable for all but the most seasoned investors who can afford the high risk.”

    Commodity trading platforms are subject to federal and state regulations; potential investors may contact the U.S. Commodity Futures Trading Commission (CFTC) at www.cftc.gov for more information; check registration status and disciplinary history of commodities at the National Futures Association (http://www.nfa.futures.org/) or call NFA at 800-676-4632; and contact the ASC at www.asc.alabama.gov or call 1-800-222-1253 to determine if an investment opportunity and the person making the office are properly registered.

    What you can do

    The Alabama Securities Commission encourages all Alabama citizens to learn and incorporate sound and proven investment techniques as a means to grow and safeguard their personal financial assets:

    ● Check and verify. Before you buy, always independently verify with state and federal regulators who you are dealing with and whether the seller of the investment opportunity and the product is properly registered.

    ● Exercise skepticism. Be aware that many individuals who offer strategies for getting rich quickly make their money on the sales of their books or seminars. Ask yourself why they’re sharing their secrets with you instead of keeping it to themselves.
    ● Beware of guarantees. Be suspect of anyone who promises or guarantees an investment will perform a predictable way or will generate consistent or unreasonable returns.

    ● Be suspect of complex strategies. Avoid any investment opportunity that touts complex or exotic-sounding techniques to achieve unusual success. Investors should be able to clearly discern what kind of opportunity is being offered; who is offering it; how does it make money; what is required to get your money out of the investment; and what are the risks.

    ● Avoid pushy salespeople and claims of urgency. No reputable financial professional should pressure you or insist that you “act now” when considering an investment opportunity. If it is such a good deal today, it will be a good deal tomorrow—after you have had a chance to check and verify.

    Contact the ASC with inquiries concerning securities broker-dealers, agents, investment advisers, investment adviser representatives, financial planners, registration status of securities or debt management programs, to report suspected fraud or to obtain consumer information. The ASC provides free investor education and fraud prevention materials in print, on our website and through educational presentations upon request.

    ALABAMA SECURITIES COMMISSION
    Post Office Box 304700
    Montgomery, Alabama 36130-4700
    Telephone: (334) 242-2984 or 1-800-222-1253 Fax: (334) 242-0240
    Email: asc@asc.alabama.gov Website: www.asc.alabama.gov

    http://whnt.com/2014/03/12/alabama-securities-commission-issues-investor-alert-addressing-bitcoin-iraqi-dinar/
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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Thu 13 Mar 2014, 22:15

    ...  What a Face 

    Currency investments are almost always speculative and this has always been a long-term speculative currency investment, but as I have already said in this thread, I think its a healthy thing that we are seeing yet another investigation...

    ...however, I came across this interesting Q&A on the WHNT TVNEWS website earlier today...I have had my own answer to this question for some time, but fiscal analysis is not my forte, so I'll pass this along here for some further understanding of these two answers...anyone with fiscal expertise feel free...

    Q) Gilhou from Quebec asks..."Could you explain...why was the value over $3.00 US during the years before the invasion of IRAQ and now, even though Iraq is a more wealthy nation than before, the value is essentially worthless?"  

    A #1) "...that is a fair question which deserves a fair answer....

    The difference between then and now is the sheer number of dinars that are in circulation today. That is singular 1 digit dinars.  When it was at $3 there were around 20 billion singular dinars in circulation. Now there 82 trillion singular dinars in circulation.
    To help you understand where the value is and why the value is correct you must do a little math...

    20 billion dinar x 3.22 = 64 billion USD
    82 trillion dinar x 0.00086 = 71 billion USD

    The current dinar rate is actually worth today more than it was.  The reason everyone runs off on a tangent is because they see 000 at the end of it and see the old rate but the bit missing in understanding this, is that the difference between then and now is the sheer number of dinars out there.  It is so simple and once you get it and it goes click in your brain, you will say ahh!!...now I know why and how this scam was able to perpetuate...."



    A #2) "Same reason gold was $25/oz decades ago, but is now over $1,300/oz. It’s called “Inflation”. When Iraq’s money supply was around 25bn Dinar, it’s value was nearer $3 (just like Kuwait’s 30bn Kuwaiti Dinar gives them a high value today).
    Since then Iraq has printed a mind-blowing 87,000bn Dinar – that’s 3,500x more money, and the Dinar fell in value by 3,500x from 1:3 to 1164:1.
    What a “coincidence”…
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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Fri 14 Mar 2014, 22:02

    retweeted from lil sister... What a Face 
    ...this could be heating up...stay tuned...


    Dinar Corp Warning
    https://twitter.com/baghdadinvest/status/444544887393095680

    From BI...
    "Three days ago (March 10th 2014) I published links and information about the WHNT News 19 investigation into the Iraqi dinar investment scam.
    http://www.baghdadinvest.com/whnt-news-19-iraqi-dinar/

    I made reference to the FACT that I was working on a story as quoted here:

    "Very sorry for the delay in getting a post out for you, working extremely hard on a story about Dinar Corp at the moment and want to ensure it is thoroughly researched and all the jigsaw pieces are in the right place before it is published. Likely to see the investigation on Dinar Corp go out by Wednesday of this week."

    A day after that post was published which was NOT about Dinar Corp but in fact about the WHNT news investigation we received an email from Aaron M. Kelly, the Attorney acting on behalf of Dinar Corp Inc.

    Aaron M. Kelly an Attorney from Kelly Warner Law whom appears to be a specialist firm dealing with internet law, defamation law, slander and libel law etc.
    http://kellywarnerlaw.com

    At this stage Baghdad Invest has simply given the suggestion that Dinar Corp Inc would be the topic of our next posting. We made it very clear that any posting made would be thoroughly researched before publishing.

    The email received from Aaron M. Kelly representing Dinar Corp Inc is as follows:

    ——– Original message ——–
    Subject: Dinar Corp
    From: Aaron Kelly
    To: Baghdad Invest
    CC:

    To Whom it May Concern:

    My firm represents Dinar Corp, Inc.  This email is in regards to a post on your website, baghdadinvest.com, regarding my client Dinar Corp
    Specifically: http://www.baghdadinvest.com/whnt-news-19-iraqi-dinar/

    We have reviewed the above and would like to make several points clear.  First, we would remind you to do a thorough investigation before making any statements of fact.  This is imperative because we would presume that you would want the most thorough and unbiased report possible.  The problem, as a lawyer, I have seen with many journalists is that they do not contact the source of the information itself and instead focus on what they believe “sells”, which more often than not skirts the issue and does not focus on the truth.  As an aside, I’m intrigued as to why your article focuses just on Dinar Corp rather than the plethora of other companies and/or the market in general.

    We are also wondering who you spoke to and would encourage you to contact my firm before making any conclusions or posting any further content about my Client.  I bring this up because Dinar will not tolerate any defamatory or libelous content or conduct and will prosecute all those involved to the fullest extent of the law.  Please understand that our Client has been attacked in the past and the lawsuit that was filed in Nevada (No. 2:13−cv−02106−APG−PAL) demonstrates that our Client will no longer tolerate a campaign by its competitors, or anyone else, to falsely tarnish its brand.   We would be happy to give you any and all pleadings you would like; I’m sure that would provide a lot of assistance with your investigation.

    Lastly, I would like to make it clear that Dinar Corp has a strict policy of not making promises about any investments or the currency, and is merely a seller of dinar currency.  Dinar Corp does not give advice or make projections about the currency.

    If you have any questions please let me know.


    <<<>>>

    As you can see, less than 24 hours of me mentioning an upcoming post, the folk over at Dinar Corp felt the need to issue a severe warning that they will “prosecute all those involved to the fullest extent of the law” if we are to act in a manner which is set out above – Defamatory, Libelous etc...
    https://www.dinarcorp.com

    I have no interest in calling Dinar Corp a scam, or anything that is NOT factually correct but at the same time I will never be bullied into NOT publishing the facts that I have uncovered.

    I realize that Dinar Corp Inc has vast resources to defend itself, my opinion is that the bully-style tactics being used in order to pressure me into not publishing what I have is outrageous. We too have resources and WILL fight for what is right, as and when required.

    I would like to make it clear that I bear no malice or ill-will to Dinar Corp Inc and will ONLY collate and publish what is in the public domain for the benefit of those wishing to form an opinion.

    Baghdad Invest will not be held to ransom from publishing the truth and will continue with the aim of bringing truth, justice and factually correct information to the Iraqi Dinar investment."


    Last edited by goodyboy on Fri 09 May 2014, 11:25; edited 1 time in total
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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Thu 08 May 2014, 16:41

    ...  What a Face 
    I have no further comments other than my previous comments made when part 1 of this report was aired back in March (see posts #1, 2, 3 above in this thread)...I'm stoked to be one of the "silly people"...



    Baghdad Invest ‏@baghdadinvest
    "Come see what silly people say, when they think the Iraqi Dinar will increase 100,000%."
    Wake up call #wearethepeople http://whnt.com/2014/05/08/friday-at-1000-the-iraqi-dinar-fact-or-fiction/#comment-35040 …

    Friday at 10:00, The Iraqi Dinar: Fact or Fiction?
    Posted on: 9:29 am, May 8, 2014, by Michelle Stark, updated on: 09:31am, May 8, 2014



    HUNTSVILLE, Ala. (WHNT) – Across the country and in the Tennessee Valley, people are buying Iraqi dinar.  They’ve been told it will one day rise sharply in value against the U.S. dollar, leading to a financial windfall for them.

    Albertville resident Tim Jones is one of those who bought in, along with his pastor and several church members.  He purchased his dinar years ago and is still waiting for a payoff.

    In February, WHNT News 19 took action to find the truth.  Was his investment legit? Our investigation turned up warnings from state regulators, the Better Business Bureau and financial experts, calling dinar investment a scam. It also prompted the Alabama Securities Commission to issue a statewide “Investor Alert” addressing dinar.

    Despite those warnings, many people remain invested.  They’re confident in their purchases and offer specific claims as justification for buying in. So are these claims credible? Or are investors being misled?

    WHNT News 19′s investigation continues Friday, May 9th at 10:00 p.m.

    We’ll dig for the truth; speaking to financial experts, banking executives, government leaders and representatives from the World Bank, IMF and more.

    Here are just a few of the claims we’ll explore…
    Claim #1: There will be a “revaluation” or “RV” of Iraqi dinar, raising its value against the U.S. dollar and leading to a payoff for the investor
    Claim #2: There was a “revaluation” in Kuwait that shows something similar is possible in Iraq
    Claim #3: President George W. Bush’s Executive Order 13303 gives Americans special legal rights to hold or invest in Iraqi dinar

    Do you know someone who invested in Iraqi dinar, or is thinking about it? Make sure they don’t miss our Taking Action investigation airing Friday, May 9th at 10:00 p.m. You can watch it on-air or through our live stream here on WHNT.com.


    http://whnt.com/2014/05/08/friday-at-1000-the-iraqi-dinar-fact-or-fiction/#comment-35040
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    Re: Is Iraqi Dinar Investment a Scam?

    Post  goodyboy on Fri 09 May 2014, 19:05

    ... What a Face 
    I have followed and interacted with Tlar for many moons on DA until he was excommunicated for speaking his mind, LOL..
    ...these days he is sort of a free-lance analyst, not to be confused with the guruian clan...


    Tlar tweet via DD...
    https://twitter.com/DinarDaddy/status/464898282729140224

    "It is my opinion that anyone who holds the currency will benefit. I believe the nominal rate is what they will change first (delete the leading zeros) so whatever that turns out to be, that will be the value of the physical dinar. If the nominal rate is changed to one to one, the million dinars you hold will be worth 1 million US before the taxes are paid. For those that hold accounts in Iraq, it is my belief that they will not lose or gain in value. Right or wrong that’s my belief...."

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