actually the dinar have not been a good investment at all yet. i bought 73m dinar for approx $8900 per 10m nid. this time last year. if i had put the same money in a 5.18% account at an internet bank i would have gotten $280 per month return in interest. ali said two weeks ago that he would give me $8200 per ten million dinar. i would have a negative return receiving only $59860 for dinar that i spent
$65,152.50 A LOSS OF $5292.50 PLUS I HAVE TO PAY SHIPPING.
THE TRUTH IS ALI PAYS MORE THAN ANY OTHER DEALER INCLUSING CHASE. CHASE WILL PAY IN THE $700'S PER MILLION.
ALL OF THIS IS SUPPOSEDLY BECAUSE OF THE PARLIAMENT AND THE PRIME MINISTER DRAGGING THEIR FEET ON THE DINAR.
SO TO SAY LAST YEAR WAS PROFITABLE? NOT AT ALL. I KNOW SOME OF YOU WILL SAY "YEAH BUT I BOUGHT YEARS BEFORE YOU AND I AM IN A PROFIT". I SAY NO YOU ARE NOT, NOT WHEN YOU LOOK AT THE 5.18%INTEREST RATE YOU COULD HAVE BEEN RECEIVING AND THE FACT THAT NO ONE EATS INTO YOUR PRINCIPLE WITH A BID OR ASK.
ALSO WITH THE DOLLAR DEVALUATION OVER THE LAST YEAR YOU HAVE REALLY LOST YOUR REAR IN THE DINAR COMPARED TO BUYING GOLD OR SILVER. THE DINAR IS JUST PAPER. IT IS NOT REAL. 22.5 TRILLION NID ,LIKE AEROSPACE WAS SAYING IS THE REASON.
THE ONLY PERSON MAKING HEAPS OFF THIS NID ARE DEALERS. I WON'T BUY FROM ALI ANY LONGER GID IS CHEAPER LOOK AT THE PRICES. GID $925 PER MILLION AND $970 PER WITH ALI DINARTRADE.IN FACT I THINK ALI BUYS FROM GID AND STEPS ON IT AGAIN. ALI SAYS HE GETS DINAR FROM IRAQ AT $930 PER AND SELLS FOR $970 PER MILLION, BUT HE WILL ONLY BUY OUR DINAR AT $820, AND CHASE WILL PAY $754 ...WHAT GIVES? THIS HAS NOT BEEN A GOOD INVESTMENT AT ALL YET AND THE VN DONG HAVE BEEN WORSE.
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