Friday, September 3, 2010

Understand the Iraqui Dinar!

1,171.5000 Dinars equals just 1 US Dollar! To convert IQD to USD, simply multiple that figure by the number of dollars your intersted in.

 

Iraqui Dinar is one of the most popular scams out there today. The Iraqui Dinar is real, but dealers are pushing it as a way to get rich and trying to pressure you to buy before it's too late. You have plenty of time and don't fall for the pitch that the dealer is 'authorized by the US Government' to sell dinar!

 

That authorization you see dealers posting is actually a letter stating that the dealer has met his obligation to register with the US Government. If anyone sells any type of currency over a certain amount ($1,000 I believe), then you MUST register with the government; when you register, you receive a letter stating that you are registered, nothing more.

 

However, Iraqui Dinar dealers post that letter and try to trick you into thinking the government has approved their business and that they are trustworthy, which is NOT the case!

 

You'll see the internet filled with dealers selling you on the 'Get Rich in a Few Years' idea while quietly introducing little pressure bombs to designed to give you that 'I must buy Iraqi Dinar Now!' feeling.

 

Don't rush into this; if you're going to take the risk investing in the Iraqui Dinar, then buy from a bank or a proven eBay seller with lots of history. Unless you know for sure a site has a solid reputation, play it safe and look elsewhere.