Interesting,
It is always interesting to re-visit old threads to see how they pan out. You can learn a lot by seeing who was right and who was wrong on different subjects like this. What I don't understand is why DinarTrade was said to be a scam, and how MLM got sprinkled into subject was another mystery for DinarTrade was never an MLM company?
Whatever one thinks on the subject of the Iraqi Dinar, and here it is a couple years later and Iraq is still in turmoil as I see it. Why, becasue the obama pulled out our military for political reasons which were against the Generals who knew what would happen if they pulled out. Sure enough, Iraq has been going back to sectarian violence just as it has existed for centuries. So much for forcing democracy down the throats of these middle eastern cesspools.
Simply put, all investments carry risk, and we have all heard the saying, no risk, no reward, so nothing new here, investing in the Iraqi dinar is a personal decision, one I am glad I took back when U.S. invaded Iraq. Yes, invaded, for this is exactly what was done, all based on supposed inteligence that WMD were being used. And here we are a decade later and find out that all those WMD gases were simply moved to Syria given our strategies involved wiring our impending invasion to enemy. And what do we see happening again, the same stupid mistakes which created a multi-billion dollar waste pushing democracy on the middle east. If it was not so sad, it would be funny. Einstien said it best, you can't keep doing the same thing over and over and expecting different results.
Back to original claim that DinarTrade was a scam. Funny thing, they are still in business after all these years and I know many who have purchased, as well as sold back their dinar as economy has been destroying people due to high umemployment over the last five years. So as I see it, they are a reputable free enterprise business who sells a product for profit, and buys back product at a profit. For those who think this is wrong, regardless of the profit spread, then they are clueless about business in general. DinarTrade is a reputable business for past decade, and someday soon those who have purchased from them will thank their lucky stars.
Iraqi is finally financially sound with announced $80 billion in reserves and poised to announce the restoration rate of forced devaluation imposed by U.S. when they were invaded. Ten long years I have waiting for this to finally happen, and now with several public announcements that it will happen soon, all we can do is be patient. I looked at this investment as I look at all investments, what is my goal. This was always a long term retirement plan strategy to me, so I bought what I could afford and just put it away, out of site, out of mind. I follow world economics very closely, and as most now see, we are about to see a major worldwide meltdown, and we have seen only the tip of the iceberg, Greece is just first of this house of economic cards to collapse.
Who will be next? U.S. is just one of the cards about to fall, when, who knows, but I am leaving my money in Iraq dinar, not the monopoly U.S. dollar. Think U.S. is too big to fail, think again, U.S. already once filled bankruptcy, and it can happen again, and will in my opinion in the next year or so at this rate of trillions of dollars in debt and growing daily. Once again, it is always interesting to visit old threads, so live and learn is my motto. We are all in unchartered waters and no one knows what the future holds, but one thing we all know is we as a country are not going in the correct direction, and haven't for decades. The kick the can down the road economic strategies that have been used for decades does not work, and as a kid, the can eventually is destroyed, just as the U.S. economy will be destroyed because of this out of control government for the congress and senate, not for the people.
Success to all,
Offshore-Wealth.com
