Assessing the Opportunities Presented by the New Iraqi Currency

Could it be possible that you are staring right into the most spectacular financial opportunity of the century? Operation: Iraqi Freedom will undoubtedly be a war marked in history for loss and tragedy, American victory, and the rise of a nation with a new democratic government. But could it also be a war historically remembered for the financial opportunity it created for the sharp investors who keenly recognized an ephemeral chance at the right time?

The War on Iraq ended with a nation placed on the footstool of many new operations. An old dictator was removed; a new government was instilled, and the old currency, each note stamped with the face of the now powerless Saddam Hussein, was suddenly valueless and burned in the streets by American soldiers. In its place entered a new currency, beautifully created with the input of the people and history of Iraq.

The United States funded this new currency, artistically crafted by the De La Rue, the world's premier currency printers. Unveiled during a press conference in the capitol city of Bagdad, the new Iraqi currency was introduced. A historic university, erected in the thirteenth century, is etched into the one thousand dinar bills. A serene waterfall graces the front of the periwinkle five thousand dinar notes. And a humble, hardworking farmer holds up a sheaf of wheat on the most substantial bill of all: the twenty five thousand dinar note.

Twenty five thousand dinars! That sounds like a huge value allotted to a single bill of currency. But in fact, today, this note is only worth 17.12 US dollars! Today, the average American's savings account could make them a millionaire in Iraq.

But what does this mean? How does this present such an outrageous financial opportunity? In 1990, prior to the Gulf War and before any sanctions were placed on Iraq, the Iraqi dinar was equivalent to approximately $3.40. And prior to Operation: Iraqi Freedom, the Iraqi dinar still maintained a value of about 30 cents. That's about three hundred times what it's worth today.

The United States and several other nations are in the process of taking every measure possible to rebuild Iraq. The country is gaining stability, and could soon be in its way to becoming an independent and prosperous nation. What would this mean for the value of the Iraqi currency? Certainly it would mean a rise in its value. It could go back to what it was worth before the war, or more. And that would mean an unbelievable return for anyone who invested in it today. It could mean thousands, hundreds of thousands or even millions of dollars for someone who had a million dinars today.

The value of the Iraqi economy has nearly doubled since the capture of Saddan Hussein. This has many investors predicting that the dinar will continue to rise in value as well. Even without help from other nations, with the world's second largest oil reserve and the world's largest gas reserve, it is abundantly clear that Iraq has the resources available to expand and become an extremely prosperous nation. In fact, economists and investors are speculating that Iraq has the potential to become among the wealthiest nations in the world.

Today you can take advantage of this potential and be part of those that benefit from Iraq's success the most. Purchasing the Iraqi dinar at its most vulnerable point in history could mean a fortune in the near future. This means nothing short of a once-in-a-lifetime opportunity for today's forward-thinking investors.

Learn more about this unique opportunity and how to purchase the dinar at www.Iraqi-Dinar.com with American Trading Company.

About The Author

Sakina A. Walsh is a personal investor in the Iraqi Dinar, and comes from a family of economists. She has worked for several financial and investment companies, and has most recently partnered with American Trading Company where she has become very enthusiastic about the opportunities presented by the new Iraqi currency.

sakina@forgedesign.com

Latest News


Currency Trading Market Conditions Remain Challenging: Breakout ...
Daily FX, NY - 15 hours ago
Sharp US Dollar gains have produced profits in several of our currency trading strategies on the week, and a continuation of US Dollar strength would make ...
US Dollar Forecast to Rally Against Euro, British Pound, Fall ... Daily FX
all 4 news articles

Voice of America

Treasury’s Lead Role in China in Flux
New York Times, United States - 2 hours ago
Besides, some noted, China’s currency, by maintaining its peg to the dollar, has risen in relation to the currencies of other trading partners because the ...
Yuan's Fall Watched Ahead of US-China Summit Wall Street Journal
China hopes talks with US boost coordination The Associated Press
Paulson Seeks to Broaden Access to China Wall Street Journal
all 237 news articles

Stocks drubbed at open
CNNMoney.com - 16 hours ago
US crude for January delivery tumbled $3.46 to $50.99 a barrel on the New York Mercantile Exchange. In currency trading, the dollar fell against the yen and ...

AFP

Yen Strengthens as Manufacturing Slump Weakens Yuan, Ruble
Bloomberg - 17 hours ago
Bank Rossii, which manages the currency against a basket of dollars and euros to mitigate the effect of currency swings, widened the ruble’s trading band to ...
Dollar Rises as Global Manufacturing and Stock Markets Plunge International Business Times
Down Is Dollar's December Direction Wall Street Journal
Yen Extends Gains as Signs of Global Recession Sap Carry Trade Bloomberg
Bloomberg - Bloomberg
all 212 news articles

UK Pound Plunges, Gilts Rise as Data Add to Signs of Slump
Bloomberg - 13 hours ago
The British currency declined against all of its 16 major counterparts tracked by Bloomberg after property Web site Hometrack Ltd. said house values in ...

Yuan Falls to One-Month Low as China Seeks to Shore Up Economy
Bloomberg - Nov 30, 2008
“The central bank may want to test the market’s response to the possibility of a weaker yuan, but most likely it will keep the currency stable till the end ...
Yuan tumbles to end at bottom of band vs dollar Forex Pros
Yuan posts record low against dollar Commodity Online
Rate cut sees yuan decline Shanghai Daily
Bloomberg
all 13 news articles

New York Times

Some Nations That Spurned the Euro Reconsider
New York Times, United States - 1 hour ago
After turmoil in the currency markets nearly destroyed the currencies of Iceland and Poland, the two countries are rethinking their opposition to the euro. ...

GLOBAL MARKETS-Grim economic outlook pummels stocks, oil slides
guardian.co.uk, UK - 9 hours ago
... also lifting the dollar, so it's possible the dollar will get a bit of a bid out of this, but currency trading is going to be choppy," Reid added. ...

AU Preview: Q3 GDP Should be Bo...
ForexTV.com, NY - 1 hour ago
Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor. ...

Ruble Plunge Prompts Doubling of Reserve Spending, Survey Shows
Bloomberg - 6 hours ago
Bank Rossii buys and sells foreign currency to keep the ruble within a trading band against a basket comprised 55 percent of dollars and rest in euros. ...
Russian Stocks, Ruble Drop as Production Falls More Than in ’98 Bloomberg
all 8 news articles

Resources