A successful Iraq will bring its economy and currency back from historic lows to an internationally recognised currency with world value. The dinar which had slipped to 4000/1 against the dollar, then advanced to 1,500 dinars to $1 dollar, following the end of major combat operations.
The whole Iraqi Stock Market was up nearly 40% in 2012. Experts predict an even higher rate of growth in 2013.
The dinar will be Iraq's preferred method of payment for oil and gas contract payments, this fact alone means that many central banks around the world will then require dinars to be held in their reserves.
the dinar trades at around dinars $1.http://www.cbiraq.org
Could it be possible that you are staring right into one of the most spectacular financial opportunities. Operation Iraqi Freedom will undoubtedly be a war marked in history for loss and tragedy, but hopefully it will be remembered for the rise of a great nation with a new democratic government. Additionally, could it also be a war historically remembered for the financial opportunity it created for the forward thinking investors who recognised an ephemeral chance at the right time?
Iraq is the Worlds largest developing market, bar none. Iraq is the only country in the world, that has a currency, that is not even fully traded yet, with virtually NO DEBT! Every country in the world except Iraq has Trillions of dollars of debt.
I feel that investing in Iraqs currency, stocks, shares, & property has tremendous potential for profit, especially as the other major currencies in your pocket are losing value, Most countries will experience inflation/hyper inflation and tax's have only one way to go.With all the major currencies in the world losing there value, commodities such as oil and gas are set to skyrocket, this will in turn skyrocket Iraq's income GDP.
Other Major Positives for Iraqs Economy:-
Iraq has over $180 Billion US dollars held in the DFI fund, which will be returned to Iraq once UN sanctions are lifted plus over 40 Billion US dollars in CBI reserves.
Iraq is in the final stages of negotiations for membership to the WTO (World Trade Organisation)
WTO Article VI states members currencies must be internationally traded.
Iraq is close to finalising requirements under Art VII this will facilitate the lifting of UN sanctions, this basically means Iraq will be open for business and can trade with the rest of the World. The Central Bank of Iraq (CBI) wants the dinar internationally traded! The CBI have stated they will be stoping the daily auctions of dinar for dollars soon! The PM of Iraq wants the dinar to have more value, Iraq's GDP is out the roof, Iraq's inflation is the World's lowest, Iraq has more commerce flowing into it's country than anything that has ever been seen on this planet, and being recently rated as the #1 Growth Country in the World!
The US and several other nations are in the process of taking every measure possible to rebuild Iraq. The country is gaining stability and could soon be on its way to becoming a soveriegn and prosperous nation. What would this mean for the value of the Iraqi economy,currency, stocks, shares, property etc?
The value of the Iraqi economy has nearly doubled since the capture of Saddam Hussein. Investors who purchased dinars at the start of the operations have now tripled their money in a few years.
This has many investors predicting that the Iraqi economy will continue to boom. Even without help from other nations, with the World's second largest Oil reserves and the World's largest Gas reserves, it is abundantly clear that Iraq has all the resources available to expand and become an extremely prosperous nation.
In fact, economists and investors are speculating that Iraq has the potential to become among the wealthiest nations in the world.Today you can take advantage of this potential and be part of those that benefit from Iraqs success. Investing in Iraq at this point in history could mean nothing short of a once-in-a-lifetime opportunity for todays forward thinking investors.
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