Is The Iraqi Dinar A Good Investment?
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Is The Iraqi Dinar A Good Investment?
http://www.faithandfinance.org/2011/01/is-the-iraqi-dinar-a-good-investment/
The hype of the Iraqi dinar has been increasing over the last few years. With just a small investment in the Iraqi dinar, people are speculating that a great return will come as Iraq stabilizes. One of the most common arguments supporting the Iraqi dinar compares Iraq with the country of Kuwait in the early 1990’s during the Gulf War. The thought is that the Iraqi currency will spike in value just as Kuwait’s currency did in 1991 after it started to recover from Iraq’s invasion. The comparison, however, is unfortunately flawed and lacks the common threads that so many are quick to assume.
The hype of the Iraqi dinar has been increasing over the last few years. With just a small investment in the Iraqi dinar, people are speculating that a great return will come as Iraq stabilizes. One of the most common arguments supporting the Iraqi dinar compares Iraq with the country of Kuwait in the early 1990’s during the Gulf War. The thought is that the Iraqi currency will spike in value just as Kuwait’s currency did in 1991 after it started to recover from Iraq’s invasion. The comparison, however, is unfortunately flawed and lacks the common threads that so many are quick to assume.
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