I had been writing about Iraq Dinar since 2010. Iraq Dinar RV news has been around since The New Iraqi Dinar has been introduced to replace Saddam's Dinar. In 2010, the news about revaluation of dinar come out again, they intend to drop three zeros from the nominal value of bank notes. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars. The rumours has been a talking point by Dinar Traders to sell their Dinars. This speculators has been gaining profits and making empty promises for so many years. The same story will be going out in their blog, website or forum every year. They want you to think, Iraq Dinar Investment is worth it.
Today, we are already in year 2012. Have any of you, Dinar Iraq investor asked your Iraqi Dinar Guru's about your investment? Will Iraq Dinar RV in 2012? Can you gain profit from your investment this year? Most of them will be saying Iraqi Dinar investment is a long shot investment. It will take time for you to gain profit from any currency investment like that. If they say it is a long term investment, why do they sell the currency to you? Why don't they keep it for themselves? Why do they gain small profit when they can gain a big profit in a long term? Iraq dinar trading is a business, people who sell the Dinars to you are the one who actually gain profit.
I am an ex-investor of Iraq Dinar. Have you read my post; Should I invest in Iraq Dinar? I am talking from experience and I want to help everyone who maybe will get into the Dinar Trader trap. Stop wasting your time waiting for the Dinar to RV, don't buy anymore Dinar. RV will not give a high value to your Dinar, it will only give the smaller number for Dinar. 25,000 Dinar will become 250 Dinar. The value of your currency will be the same. Iraq economy will not be going up even if US troops going out from Iraq, it take time. Kuwait RV is a different thing from The Dinar RV.