Iraqi Dinar Value and the Rumors, Speculations, and Gossip That Surround It

If you do an online search on the word "Iraqi Dinar" you may think of a massive number of websites that have an extremely varied message concerning this much-maligned money. Some websites promise this is the single biggest investment of time and that in the event you miss out on this chance then you're a fool.

On the exact results page, you'll see numerous websites pointing to the "Iraqi Dinar  Scam" which appear to point to the fact that only a very wonderful fool would have this money in their investment portfolio.

Iraqi Dinar Value and the Rumors, Speculations, and Gossip That Surround It

The difference of opinion doesn't end there. It's also in major media and financial outlets. Lately, when reading through the official site of the stock market NASDAQ I came across several warnings and posts telling investors to steer clear of all costs any sort of investment in this currency.

At roughly the same time the host of the popular TV show on CNBC Jim Cramer recommended purchasing the cash as a very clever and sensible play in investing in Iraq, noting that he'd usually tell folks to keep away from investing in post-war countries, but that the Iraqi Dinar was "different."

So which is it? Is this money the worst investment plan ever or is it the best thing since sliced bread?

The actual answer is nobody knows, but there are a few facts that we can take away from these arguments that may help us cut through the powerful rhetoric and hopefully leave us with a few rewarding decisions. The first argument that I always seem to encounter is that money is a scam. 

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