- by Anonymous
This morning I saw on a Blog that is very dedicated to reporting about Apple and iOS that Apples Stock (AAPL) just went above $600/share today!!!
You can also go to http://finance.yahoo.com (http://finance.yahoo.com/q?s=aapl&ql=1) and search "AAPL" ticker symbol to get highly detailed financial information on Apple.
Now, how does this relate to the Iraqi Dinar (IQD)???
Okay, before I go any further, to keep the Attorneys happy, remember this is NOT investment advice or counseling, these examples are illustration only and have not been evaluated for accuracy. You must consult your own Professional Investment, Tax and Legal Advisers for relevant advice that best meets your own personal and unique situation.
Well, if you may remember, just over 10 years ago, when Steve Jobs was brought back to "save" Apple from Financial doom, Apple's stock was trading around $6.50/share!!!
I had purchased around a thousand shares back then, and I took a nice payout for holding them a while, but holy cow, if only I had waited 10 years, how rich would I be today for a small investment???!!! My investment in just AAPL, would have gained OVER 8,822%!!!
Well, back about 10 years ago, before Saddam Hussein pissed off the United States and the UN, the Iraqi Dinar was trading around $3.32 per $1.00 USD. Today, as you are aware, the sell rate on the www.CBI.iq website is: 1166 / and the buy rate is: 1164 IQD per $1.00 USD.
As we all know, Saddam "ran Iraq into the ground" (by bringing sanctions and war on the people and country of Iraq). Now, the former CEO / Chairman of the Board of Apple didn't take Apple to war, but he did run Apple "into the ground" also.
I hope you are following my parallels, sure there is a vast difference between a country and a corporation, but the financial principles I'm trying to get you to understand are actually more similar than you would at first believe or understand.
Actually just after the war, when the United States "swapped" the IQD that had Saddam's face on it, to the current IQD currency we are familiar with (http://www.cbi.iq/index.php?pid=Banknotes) the IQD around 10 years ago was worth between 3,000 - 4,000 IQD to a $1.00 US Dollar!!! Over these past 10 years this has increased in value to the current rate of 1,166 I listed above.
When Dr. Shabibi, the head of the Central Bank of Iraq (CBI) finally decides that everything the Iraqi Government is in order, he has said on several occasions that he will make the IQD very powerful and bring it back to what it used to be. Dr. Shabibi's words which have been reported and relayed here by the IQD Team and can be found on their website: www.TheIQDTeam.com - there is even a short video that was taken of him actually saying this.
The IQD has already made Thousands of Investors HUGE Profits!!!
Lets assume you were introduced to this opportunity to invest in IQD 10 years ago, lets see what would have happened if you had held them up to today.
Had you invested say $10,000.00 USD back 10 years ago with purchasing the new IQD notes, you would have an investment that is now worth more than $30,000.00 USD!!!
That is much better than some of the Top Mutual Fund Companies can do with that $10,000.00 - even at a higher 10% rate of return!
So, now lets assume you are in the majority of people who have heard about this only within a short while, around a year or less.
We don't get the gain as if we has learned about it 10 years ago. However, we are speculating (or maybe even gambling) that Dr. Shabibi will hold true to his word, and Revalue (RV) his Iraqi Currency (IQD) to what it was and historically has been - around $3.32 to $1.00 USD - up from the current rate of 1166 to $1.00 USD.
In Conclusion....
This kind of gain, if it happens as we all hope, would be very exciting to say the least, and also a true life blessing of immense proportion for most importantly, the people of Iraq!
Yes, the people of Iraq and NOT you and me!!!
Remember, we were never supposed to learn of this! Only thanks to the Bush Administration allowing "The Future of Iraq Project" (http://www.theiqdteam.com/future-of-iraq-project--other-links.html ) document to be "leaked out", and also when G.W. Bush signed an Executive order making it legal for us to own the currency of a "terrorist nation" (which until Ch 7 is lifted is, I believe, their current "status" with the UN).
Remember in your heart that this is NOT for "us", it is for the people of Iraq who suffered decades of tyranny by Saddam and his cronies. You must believe that you are only blessed to have this knowledge and foresight to purchase some for yourself, but only purchase what you can afford. Don't stop paying rent to buy IQD if you know what I mean!