Please Read! And Don't Say I Didn't Warn Ya!

By: RobSkiba2 Mood: Excited Date: 09/18/2008 01:21:43 Music: None

Dear MyMinistrySpace friends, 

I'm writing to tell y'all about an amazing opportunity that may not last too much longer. It has to do with investing in the Iraqi Dinar. Before we go any further...

First let me state that this is for information purposes only. I am not a qualified broker, investor, accountant, tax lawyer, financial planner or professional adviser of any kind. Nor am I in any way affiliated with any sort of Dinar selling/marketing group. I am nothing more than a friend who learned about this opportunity from another friend and who wishes to share it with you. So, as with anything of this nature, please do your own research and consult a qualified professional before making any financial investment decisions.

I was advised that I should give a "legal disclaimer" before giving this sort of information out. So, there you have it. :-)

Having read and understood that disclaimer, please read on...

Value Of The Iraqi Dinar Continues To Go Up

Here's a little background history. From 1932 to 1982, the value of the Dinar fluctuated between $4.86 US and $3.22 US PER DINAR. After the US invasion of Iraq and the capture of Saddam Hussein, its value plummeted to nearly 4000 IQD to 1 USD. Then, on October 15, 2003, a New Iraqi Dinar was introduced to replace the old 'Saddam pictured' Dinar, and its value has steadily increased ever since.

Check out the chart below to see how much the value has increased just since 2006.

 Source

So, while all the "safe bets" have left investors and stock brokers looking like this guy, the "risky" Dinar continues to look good. In fact, watch this recent, very interesting 3 mintute video from the Bloomberg News show:

http://www.myministrymedia.com/link.php?M=16035&N=116&L=101&F=H

The analyst in that video says this kind of investment is only for "widows and orphans" and that it's not for "serious investors." Well, now the "serious investors" are losing their shirts. So, I guess it's a good thing you can get a hundred thousand Dinars for less than a hundred bucks! And contrary to what this guy says, it's not that hard to get. You can go to your local Chase Bank and simply purchase the foreign currency. If you don't have a Chase Bank to go to, the guy who got me involved got his through dinartrade.com and says he's had no problems with that source either.

Why Chase Bank?

Regardless of the chaos going on with the U.S. banking institutions right now, Chase Bank is still one of the strongest in America. It also happens to be heading up the 13 bank consortium that has been working to establish the Central Bank of Iraq. If JP Morgan is that interested in investing in Iraq, it's worth taking notice. As far as I know, Chase is the only bank that will let you buy Iraqi Dinars. That's where I got mine.  

Why am I telling you about this?

I'm telling you about this because I care about you and I believe that in these troubled times, this is an incredible opportunity that can be taken advantage of for very little money. A $100 investment could yeild $100,000 virtually overnight (or within a very short period of time if this current upward trend continues). Is it a risk? Of course it is. The Middle East is constantly in turmoil. But as my dad says, "Never invest more than you're willing to lose." I could spend $100 taking my family to the movies - so why not skip the movie and take a little "risk" right?

Here's the deal... Iraq s current situation is similar to that of Japan and Germany after World War II.  Their economies were at rock bottom so you could buy up lots of their currency at a very cheap price.  Once their economies were back on track, anyone who had taken advantage of the situation became extremely wealthy, almost overnight!

The idea here is that eventually the value of the Iraqi Dinar will raise back up to at least a 1 to 1 ratio - but many believe it could go as high as it was before the invasion of Kuwait ($3.20 USD to 1 IQD) - or even higher. So, you buy it now while it's still cheap, then when it raises in value, you go back to the bank and exchange it back for US currency.

For example, you can purchase 500,000 Dinar for about $480. When the Dinar reaches a 1 to 1 ratio, your small investment just turned into $500,000. If it goes back to it's old value (1 IQD = $3.20 USD), your $480 investment just turned into more than $1.5 million! Not a bad deal. I'd like to see any other investment pay off that big - that fast.

Don't believe it could happen? Watch this interview between Glenn Beck and Joel Rosenberg and consider what the Bible has to say about Iraq in the Last Days...