Currency investment

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I posted this here because it is definately a political subject. For those who haven't heard about it already, you can purchase Iraqi currency numerous places on the 'net, including she bay. You should research this yourself, but the jist is to buy it now, have the actual notes sent to you in whatever denomination you wish, and cross your fingers they get their shit together enough to correct inflation. There are lots of reasons this could fail. Hell you can buy Turkish Lira for way cheaper than a Dinar. But the argument that made up my mind was the vast natural resources they(we?) possess. After all, 20 years ago their $ was worth 3 times a dollar! Even now, The neighboring countries currency is worth like $.34. That would be a considerable return if it even reaches that goal. If it reached $.01 you will have made a 1300% return. On the low end, "investors" can buy Dinar for about $1000 per million, shop around. Investment companies are treating this like roulette, guess everyone should. Just like anything, never invest more than you can afford to lose, right?

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Here is a link to track international currencies.



http://markets.usatoday.com/custom/usatoday-com/html-investor-currency.asp?more=1

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If things get better in Iraq!!!!

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Indeed, a BIG if. That's where the oil plays in. They might even change out the currency(again) and your notes would be nothing but a conversation piece. At the very least a bit more fun than playing lotto, maybe better odds.

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Interesting appreciation of .2% after the speech. Go figure.