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BaghdadInvest Asks "What homework did you do exactly?"
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BaghdadInvest Asks "What homework did you do exactly?"
DENNIS CAIN
HI Everyone,
For those of you that think the Iraq Dinar is a scam, you are so wrong. Iam a Cal. mortgage Banker for over 25 years and I HAVE DONE MY HOMEWORK AND RESEARCH. Before I invested. I have been Invested in this for over 3 years ,knowing when it Re-values that many of us will do very well. No one knows the rate or date it will Re-Value at,but its coming very soon. FACT-Iraq currency was over $3.00 to 1 US Dollar before they went to war FACT IRAQ is the fastest growing county in the world and is currently Pumping 3 million barrels of oil a day and growing.FACT- IRAQ has been voted to be release from BK, by the UN,USA,and IMF.ECT. ALL I CAN SAY IS THOSE OF YOU THAT ARE SO BLINDED BY NEG INFO. WILL REGRET THIS. DO YOUR HOMEWORK . THERE IS GOING TO BE A GLOBAL CURRENCY RESET GCR and IRAQ is just 1 of the currency’s being Revalued.
Best Regards
God Bless
Dennis C
March 10, 2014 at 11:25 pm
baghdadinvest
Mortgage broker of 25 years and having done your research you will have come to realize that previously, Saddam Era there were: 20 billion dinar x 3.22 = 64 billion USD
And today there is 82 trillion dinar x 0.00086 = 71 billion USD
What is the difference? INFLATION!! Come on, your a Mortgage Broker of 25 years, you should have spotted that one.
What homework did you do exactly?
Iraq has prospects and a bright future, this we can all agree on.
But what we should agree on is that Iraq is NOT undervalued and in fact valued correctly. Perhaps to the naked eye seeing all those zeroes at the end of that 25,000 bank note may get you excited. But once you come to realize that it will only get you around $21 worth of groceries in the local mall in Baghdad, not exactly anything to write home about.
Iraq is growing, agreed. 8.6% annual GDP change in 2011, 8.4% in 2012, 10.2% in 2013 and an expected report of similar figures for the next five years.
This is an economic outlook. NOT an indication of its currency being undervalued.
I expected better Dennis. Mortgage Broker and all that, hope you are retired from the business because your numbers are………….. how can I put it…….. not up to scratch.
March 10, 2014 at 11:51 pm
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RamblerNash- GURU HUNTER
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Re: BaghdadInvest Asks "What homework did you do exactly?"
Baghdad Invest is a cool guy. Marcus and I chatted with him a couple of times. You might remember the time when he punked the dinar world by announcing an RV of around 36 cents with dancing in the streets, only to follow it up a couple of days later revealing it was a joke. His main focus was always the future of Iraq, not the future of the dinar which he saw as a distraction.
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Re: BaghdadInvest Asks "What homework did you do exactly?"
BaghdadInvest wrote:Danatte, what we did was suck the “guru” in and have them back us up for us to then expose them for what they really are.
https://www.dinardaily.net/t62903-baghdadinvest-we-are-not-here-to-sugar-coat-your-all-in-the-dinar-groups
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RamblerNash- GURU HUNTER
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