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Does anyone have any info on the Iraqi dinar?

By , April 13, 2010 3:40 pm
John W asked:


I have a friend who says that the Iraqi Dinar is going to skyrocket within the next few weeks because they will be reevaluating it. Does anyone know anything about this? Supposedly, 5000 US dollars will turn into 15M overnight based on speculation that he’s heard. I think this sounds like a total myth but could there be any truth to this or not? Any information on this subject would be greatly appreciated.

2 Responses to “Does anyone have any info on the Iraqi dinar?”

  1. Common Sense says:

    The new “scam” of the 21st Century! I’m not saying your friend is scamming you….. but unless they’ve got 20 or more years of successful Forex trading experiance…… I’d be very wary. The experts are not running to the Dinar………… no one is. What does he think he knows that no one else knows?

    This is a story……. like story stocks they often turn out to make money for the brokers…….. not the “retail” investor.

  2. Thor says:

    “If it sounds too good to be true…”

    I say not a chance.

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