iraqi dinar investment 2011 : Investment of a Lifetime or a Scam

iraqi dinar investment 2011 : Investment of a Lifetime or a Scam : With so many internet scams going on, it is hard to decipher fact from fiction; a genuine opportunity from a scam.

Since the passing of the Presidential Order 13303, everyone has been eager to jump aboard the Iraqi dinar investment train. This Presidential order grants US citizens the same right to invest in the dinar that an Iraqi citizen has.

At the height of its life, 1 Dinar was equal to 3.22 US Dollars. Following the wars, 1000 Dinars can now be equaled to 1 US Dollar. Obviously, the investment comes with the hope that the Dinar will regain its old worth once Iraq’s economy rebounds.

There are several ways to acquire Iraqi dinar, two being, online or at your local bank. Of course, the latter offers the least probability of being scammed. Contact your local bank and inquire if they sell the dinar. They will handle the process from start to finish, if they do.

Beware, there is an endless list of online sites offering to sell the dinar below market price. They are able to do so because, in most cases, the dinar is fake or old. If it contains a picture of Saddam, this dinar is null and void.

The new dinar was isuued in October of 2003 by the Central Bank of Iraq and it contains many state-of-the-art anti-counterfeit features, such as a security thread, watermarks, and raised letters to name a few. Having knowledge of these anti-counterfeit features can assist in warding off scammers.

If one chooses to invest in the Iraqi dinar, go in knowing that this is just like any other invesment. You have a 50/50 chance of winning or losing. At least now, you are a little more equipped to avoid being scammed.

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