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Is buying iraq money waste of time as investment? |
Is buying iraq money waste of time as investment? Right now, I would say yes, but once peace is achieved, their currency may become tied to the USD, like Saudi Arabia's. But the money with Saddams head on it, I doubt will ever be worth anything ever again, other than a souvenior. If the money has a picture of Saddam on it, it might have some value in the future from a historical collector standpoint, especially since he will be executed soon. i wouldnt look at that as an investment, more like gambling Think you meant buying dinars. I posted similar question a while ago and result was, Steer well clear, only people making profit are the one's selling you the money :) It is not waste of time. It is waste of money. |
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