froggy
Good time to jump in on a few Dinar if you can buy them... plus the ISX (iraq stock exchange) is opening to outside investment on the 2nd---- just do it......
iainsomers
lol, investment advice on this forum.
Based on what should you buy dinars?
froggy
Not saying go wild! just that Iraq is set to pass the oil law, countries are set to forgive debt, and the Iraq stock exchange is set to open up on aug 2nd for foriegn investment,,, just saying to check it out and throw a few bucks at it, , hell even if you dont do squat, its still an interesting thing that is going on there....... Like I said a "few" dinars, you can always trade them back... When, Not if! this Revalues, it will buy alot of sate!
BaliLife
more relative to this forum, according to any PPP (purchasing price parity) survey, the IDR is one of the more undervalued currencies in the world... about 50% undervalued last time i checked...
ct
froggy
I agree about the idr, but its not going to rv like the dinar, and you cant buy into the local banks for pennies on the dollar..... I love to play poker with idr, I raise you 200,000!!!!
iainsomers
I agree that the volatility of the dinar will be more significant then the 11% wich the IDR is moving with.
