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Why the New Iraqi Dinar?
In the 1990's, when Iraq was a leader in its region,
for every 1 Iraqi Dinar you exchanged was worth an outstanding
$3.20 USD (U.S. Dollar). At that exchange rate the new 25,000
Dinar Note would have been worth $80,000.00 USD!
Since Saddam's capture Iraq's economy has nearly
doubled in value, so in many investors eyes the Iraqi Dinar will
only rise in value as well. As we all know, Iraq floats over a lake
of oil and its reserves are sufficient to feed the worlds need for
decades to come. We too, like so many other forward-thinking investors
believe that there is great potential for this country to expand,
and invite you to participate in this once-in-a-lifetime
opportunity with us.
The US treasury has a strong dinar policy and is working with the
new Iraqi Government to reinstate a strong decentralized banking system
in Iraq. By December 2004 there will be six Western Banks in Iraq and
six Iraqi Banks outside Iraq in operation. In March, three banks were
given licence to operate in Iraq, National Bank of Kuwait, HSBC Bank
and Charter bank of England. An estimated 33 billion dollars have already
been collected for the process of reconstruction of Iraq, and companies
like Coca-Cola, Chevron, Texaco, Alabama Blount4 Inc., are investing!
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