The Dinar (IQD) may be the greatest IPO in history!
How you ever noticed that those involved with the big IPOs often become very wealthy on day one! For those needing some clarity or understanding on the Iraqi Dinar investment or IQD let’s try another analogy. Most of us have witnessed several large successful IPOs in the last 20 years. Read Business Insider, The Biggest IPOs In American History, May 24, 2012). http://www.businessinsider.com/top-25-ipos-2012-5?op=1. How about Staples, Starbucks, Yahoo, CISCO, Amazon, and EBAY. These companies experienced a 1000% growth in record time. EBAY was the fastest needing only 2 quarters after starting in 1998 with $1.8 billion. Amazon was next and hitting the same growth in 4 quarters (1997 and $441 million). Now with the phenomenal development of these companies you can better relate to the IQD’s investment future. Your purchase of the Dinar is much like an IPO but with no comparison as this event has only happened 7 times in our lifetime. You purchased the IQD at a rate of 1169 IQD to $1 USD. The latest Intel suggests that perhaps in early September the rate will go back to what it was 10 years ago ($3.22).
Someone mentioned on a call that we are giving them back their checkbook. Not far stretched of a story and highly factual. Now please recall that the rate 50 years ago was around $2.8 at times (Wikipedia)…..“1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar =$ 2.8 dollars….1971 and 1973, the dinar rose to a value of US $3.3778...” So is this currency (IPO) too farfetched to suggest that it could be a 1000%-2000% growth rate in the first 2-4 quarters (1st year)? This would mean that it comes out at $1 them shoots to $3 or $4 or close to the Kuwait Dinar ($3.60). If you have read any of the several excellent recaps for the Dinar Intel providers you recognize by now that the resources in Iraq will support a good solid rate of $4+. In two years the IQD has been projected to grow above the $5 rate or more as Iraq continues its growth and development. The future looks great for those red $25K notes so stay the course and be patient, be safe and make good decisions!