How will the Iraqi Dinar be revalued?
When will the Iraqi Dinar be revalued?The Iraqi Dinar has been worth over 3 US dollars for every Iraqi Dinar, historically. To say it another way, 1 million Dinar has been worth well over $3,000,000.00 US dollars. So, the question still remains: When will the dinar climb in value or return to its previous levels.
Everyone knows Iraq is an extremely wealthy country when you look at their natural resources and potential GDP. This is reportedly, one of the basic elements why the United States and the United Nations is involved in stabilizing its economy with our current intervention. Iraq has at least the second largest oil reserves and natural gas reserves in the world, not counting the newly discovered ones in the US..Additionally, Iraq is some of the world’s cheapest oil to drill and refine—the oil is very “rich” and close to the surface with few impurities or hindrances to drilling. Iraq’s cost to produce per barrel oil is minimal compared to other world oil producers. In other words, Iraq’s profit margins on their oil production are some of the highest in the world. The United States has completed the largest US Embassy in the world located in Bagdad. The bottom line is that Iraq is one of the wealthiest countries in the world.
It is very unlikely that world powers will allow Iraq to decay into a state of insecurity. Iraq is a strategic Middle Eastern country with tremendous potential wealth. It is in the best interest of every Western country and most Middle Eastern countries for Iraq to succeed as an independent stable economy and country. No Western or Middle Eastern country is going to stand by while Iraqi’s vast oil reserves and wealth fall under the control of a neighboring rouge country or insurgency.
The Iraqi Dinar history has demonstrated a strong potential for investment. In the very recent past, the Iraqi Dinar was worth over 3000 times its current value.
When the Iraqi Dinar increases in value to align in value with other currencies of the Middle Eastern countries, it would result in over a 250 times increase of its current value. When the Iraqi Dinar does reach a value of its historical rate of $3.48 US dollars per Iraqi Dinar, an Iraqi Dinar investment for 1 million Iraqi Dinar would be worth $3,480,000 US Dollars.
To the point, the Iraqi Dinar is currently at an extremely low valuation compared all other world currencies, which would make a very lucrative investment for anyone. The investment community is currently watching everything for signs of upward movement in the value of the Iraqi Dinar. Many sources including the Iraqi Financial ministry speculate an increase in Iraqi Dinar value in early 2010.
“A twenty-seven dollar investment today could be worth seventy-five thousand dollars if Iraqi Dinars are revalued to historical values.”
2009 IRAQI DINAR REVALUATION INDICATORS & SIGNS
· Rumors of Donald Trump investing Millions in Iraqi Dinars
· Iraq oil field contracts being let.
· Iraq Financial Ministry
· Large world corporate investments in Iraq infrastructure
· Obama election cause ease of middle east tensions against US
· US Secretary of State – Hillary Clinton’s recent remarks about Iraq becoming one of the richest countries in the Middle East.
Learn more about investing in Iraq at http://www.scgs.us/
When will the Iraqi Dinar be revalued?
How will the Iraqi Dinar be revalued?
When will the Iraqi Dinar be revalued?
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