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I cashed all of my Iraq Dinar in today.

 
Anonymous Coward
User ID: 29729001
United Kingdom
01/03/2013 05:30 AM
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Re: I cashed all of my Iraq Dinar in today.
Buying any paper currency on this planet in hopes of making more of any other paper currency shows that the person doing it doesn't yet understand how the world's monetary and financial system works. None of that shit is money; it's a fraud. Buy real money (gold and silver) with your faux paper crap while it's still possible and still cheap.
 Quoting: Anonymous Coward 31354160


How was gold and silver during the economic collapse in Argentina?
 Quoting: Anonymous Coward 29729001


I wasn't here during the last economic collapse and I won't be here during the next one either. Some of us know when shit's gonna go down and move on to greener (safer) pastures. But gold helped some of my friends enormously.
 Quoting: Anonymous Coward 31354160


Any anecdotes?

It can be anonymous ( IE my friend dave, lol ), it just it may help some of us out by thinking about what actually happened.

Did people turn up at the bank one day and they couldn't get their money?
Anonymous Coward
User ID: 1576458
United States
01/03/2013 05:37 AM
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Re: I cashed all of my Iraq Dinar in today.
Im in the Baghdad. I know that high ranking officers are holding dinar. If you held it this long a few more months - year won't kill you.
Anonymous Coward
User ID: 31354160
Argentina
01/03/2013 05:46 AM
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Re: I cashed all of my Iraq Dinar in today.
Buying any paper currency on this planet in hopes of making more of any other paper currency shows that the person doing it doesn't yet understand how the world's monetary and financial system works. None of that shit is money; it's a fraud. Buy real money (gold and silver) with your faux paper crap while it's still possible and still cheap.
 Quoting: Anonymous Coward 31354160


How was gold and silver during the economic collapse in Argentina?
 Quoting: Anonymous Coward 29729001


I wasn't here during the last economic collapse and I won't be here during the next one either. Some of us know when shit's gonna go down and move on to greener (safer) pastures. But gold helped some of my friends enormously.
 Quoting: Anonymous Coward 31354160


Any anecdotes?

It can be anonymous ( IE my friend dave, lol ), it just it may help some of us out by thinking about what actually happened.

Did people turn up at the bank one day and they couldn't get their money?
 Quoting: Anonymous Coward 29729001


Yes, in 2001 the financial system here collapsed completely. People were middle class one day and the next the banks were all closed -- ATM's, everything -- and those who hadn't prepared were begging for food in the streets. When the banks did reopen, the Argentine peso had been devalued by 75% and they only made the remaining 25% available a bit at a time, in a strictly-controlled manner. In short, it was a disaster. Gold not only protected your savings, if you'd been prescient enough to buy it, but it worked well for barter during the period of time when there was no functioning financial system in the country. In fairness, U.S. dollars worked well during the crisis too, which is why Argentines have been in love with them ever since (well, even more so than before, and they've ALWAYS loved dollars here). Most Argentines still save in U.S. dollars, even though the government made buying them illegal for Argentine citizens last year. As soon as they did that, a black market for dollars sprung up immediately. But I've warned my friends here that U.S. dollars are not what they're going to want this time around; the dollar's days are numbered. It's actually illegal to buy gold here too, but, as with dollars, not hard to do if you how the system works.
Anonymous Coward
User ID: 22151483
United States
01/03/2013 05:49 AM
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Re: I cashed all of my Iraq Dinar in today.
My dumb ass friend is still sold on this scam.
Anonymous Coward
User ID: 31354160
Argentina
01/03/2013 05:55 AM
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Re: I cashed all of my Iraq Dinar in today.
My dumb ass friend is still sold on this scam.
 Quoting: Anonymous Coward 22151483


I know someone who is, too. I warned him, but to no avail. I don't know how anyone can believe that the fiat currency of what amounts to a U.S. colony will ever appreciate more than a few percent vs. the equally bullshit currency of the colonizing country. But people believe all kinds of crazy shit.
USMC0369 (OP)

User ID: 28143224
United States
01/03/2013 11:51 PM

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Re: I cashed all of my Iraq Dinar in today.
My dumb ass friend is still sold on this scam.
 Quoting: Anonymous Coward 22151483


I know someone who is, too. I warned him, but to no avail. I don't know how anyone can believe that the fiat currency of what amounts to a U.S. colony will ever appreciate more than a few percent vs. the equally bullshit currency of the colonizing country. But people believe all kinds of crazy shit.
 Quoting: Anonymous Coward 31354160


I have told all of my friends to get out of the Dinar now. Let every one learn from my mistake.
“Once A Marine Always A Marine”
Marine preacher
User ID: 24514355
United States
02/06/2013 02:34 AM
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Re: I cashed all of my Iraq Dinar in today.
I cashed all of my Iraq Dinar in today.

After holding my Iraq Dinar for 5 years I finally gave up on it and cashed it in. I spent 10K USD to buy it over there years and only got 8k USD when I cashed it in.

I would advise anyone out there that has Iraq Dinar to do the same. I listened to all of the experts for years that said it would revalue for Millions and that never took place.

What I do know is that it was a long shot and I knew that going into it and that my friends that I still have on the ground in Iraq told me to get out of it now and cash it in. So if you have Dinar you might really want to consider cashing it in. If you need to know how to cash it in let me know and I will post a link.
 Quoting: USMC0369


Where can I cash it in, or at least tell me a website I can go to that will direct me to the nearest places in the surrounding area

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