Tuesday, August 16, 2005

More Iraqi Dinar Info

Dear visitor,

I just found a good article you should read:

NEW YORK (CNN/Money)
- I'm considering buying Iraqi currency as an investment. Is that a good idea?

— Ray Hammond, Dayton, Texas

Judging by the number of pitches I see from Web sites flogging the new Iraqi currency, not to mention dozens of people on eBay, there are at least some people out there who think investing in the Iraqi dinar that was introduced last October makes sense.

My take is unequivocal. Given the difficulty of predicting currency movements, I'm not even a big proponent of investing in established currencies like the euro or the yen.
And when it comes to buying and selling the fledgling currency of a fledgling government in one of the most chaotic parts of the world, that goes beyond mere speculation. I'd call it gambling.

To read the complete article click here.

Regards Marcel.
Iraqi Dinar Opportunity