Okay, I clicked one of the ads here and found an outfit selling Dinars

[karlrschneider]

I guess I have to wonder why anybody would want them?

http://www.safedinar.com/?campaign=google&source=google_CM&kw=iraq_dinar&gclid=CL3C66qliYoCFRTTgAodKyw7dw

[librechik]

1. they are gold bullion

some people like that

[karlrschneider]

2. I guess I didn't grasp that...they show pictures of notes.

...
and by the way, if I wanted to buy gold, why would I add another layer into the transaction? That makes no sense...:eyes:

[muriel_volestrangler]

3. No, they're specifically notes

They show pictures, ask what denomination you want, and have FAQs like:

# Q: Where do the notes come from?
# Q: Are these the notes with Saddam's face on them?
# Q: How do you get the notes out of Iraq?
# Q: Do you give investment advice?
# Q: How is the quality of the notes?

[Oceansaway]

4. heres my theory why.....

maybe cuz of what happened to the Kuwaiti Dinar....its a 'longshot' but could be an amazing opportunity for wealth.....A vibrant country with a highly educated population of just over 22 million people, Iraq possesses oil reserves of over $10 trillion at the current market value. Oil hasin the past traded at an all-time high....we all remember that.... When foreign reconstruction funds get the Iraqi oil industry back on its feet, Iraq will have a huge inflow of money, which will strengthen its currency. Wars drive investment out of countries. When Saddam Hussein invaded Kuwait, the Kuwait Dinar was valued at less than $0.10. The current exchange rate is $3.46 for each Kuwaiti Dinar. If you had invested $500.00 in the Kuwait Dinar back then, you would have $17,300 today. The Iraqi Dinar was valued at over $3.00 before the current war began....go to ebay and type in New Iraqi Dinar....they are selling like hotcakes.... dont be fooled tho and buy them OLD Dinars with Saddams pic. on them....they are indeed worthless...but the New Iraqi Dinars could revalue and make lots of investers wealthy....awhile back, 6-7 months ago i read a blog about Cheney buying $750,000.000 (750 Million) worth of Iraqi Dinar at a price of $75,000.00 US Dollars ( a mere drop in the bucket for that rich asshole ).....
The United States has pledged over $18 Billion, military and civilian support, debt relief and economic ties that will give Iraq the capability to develop its potential as a $70 billion a year economy, one of the largest in the region.... 2nd richest country in OIL & NATURAL GAS RESERVES...

YEPPERS....its all about that OIL !!!.......jmo

[karlrschneider]

5. Okay that makes sense but it seems like the sort of gamble I avoid.

I only invest in land...at least that's probably permanent, or at least as permanent as I'll be. :-)

[EmperorHasNoClothes]

6. Probably safer than holding U.S. currency at this point...