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Aerospace

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Aerospace

Re: Seattleslew post# 20739

Thursday, 12/31/2009 4:10:55 PM

Thursday, December 31, 2009 4:10:55 PM

Post# of 29692
I really don’t like giving direct advice. I can only present facts and ad my opinion and let others make up their own minds.
My opinion is the dinar will never do better than 1000:1
My opinion is they will issue a new currency and exchange 1 new for 1000 old.
My opinion is people holding cash dinar will get raked over the coals by the dinar dealers… they will probably be the only ones willing to buy it back after a lop is announced… and they will only do it if there is plenty of time for them to get it back into Iraq for exchange, so you might get stuck with junk paper.
Just a guess… but I think this will happen very soon after we leave Iraq. I think that’s what they are waiting for.
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