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Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

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Americans buy millions of Iraqi dinars to realize their dream and wait for Trump Empty Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

Post  Admin Thu Nov 22, 2018 9:10 am

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2018/11/21 16:52
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(Reuters) - A number of Americans are buying millions of Iraqi dinars in hopes of realizing their dream of becoming rich overnight. The media reported that those who support US President Donald Trump ' And that the latter to take a decision to raise the value of the Iraqi currency and become wealthy by virtue of the exchange rate difference. The catalyst that paid them to buy the Iraqi dinar, which is currently equal to $ 0.0084 dollars, or less than one cent, the newspaper "Newsweek" that rumors preceded Trump The judgment is the one that nurtured the dream of these emirs Kiyen, which talked about the determination of the US government to control the exchange rate of the Iraqi dinar to become equal to the US currency. These rumors are back to the rule of former Iraqi President Saddam Hussein, before the Gulf War II (invasion of Kuwait) the value of the Iraqi dinar worth more than three dollars, Currency collapsed after the imposition of the siege on the regime of President Saddam Hussein in the nineties of the last century, and after the overthrow of Saddam Hussein has returned slightly rose and stabilized at 1200 dinars per dollar.

Since then, a strange trend has appeared in the minds of investors, who began to invest money in the dinar in the hope that it will regain strength as it was before the second Gulf War. In 2006, American media, including CNN, warned against buying the Iraqi currency. The idea of ​​winning millions of Iraqi currency was widely spread during the Trump era, with some of its supporters misinterpreting statements made in April 2017 in response to China's manipulation of the yuan, Trump said all the currencies were "stoic On a level equal, "according to the newspaper" The Daily Beast "recently. As evidence of the reluctance of some Americans to buy the dinar, the results of the search on" Google "and" Twitter "that many still dream of the recovery of the Iraqi currency and hope that the American billionaire Trump Who became the head of the person who would achieve their dream.
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Americans buy millions of Iraqi dinars to realize their dream and wait for Trump Empty Re: Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

Post  Admin Thu Nov 22, 2018 9:19 am

Trump supporters buy millions of Iraqi dinars for "wealth"
Thursday, November 22,




Alsumaria News / Baghdad
A number of supporters of US President Donald Trump have bought millions of Iraqi dinars, US media reported, hoping to enter the world of "wealth."

"A number of supporters of US President Donald Trump have bought millions of Iraqi dinars, hoping to enter the world of wealth after Trump raises the value of the Iraqi currency," Al-Rai newspaper quoted a Newsweek report as saying.

"Rumors have been circulating that the US government was planning to raise the value of the Iraqi dinar, which does not exceed one half a cent, to about one dollar or more."


The Daily Beast confirmed that the theory was reinforced by a promise to Tramb to his supporters in April 2017 that all currencies would be "on an equal footing" in response to allegations that China manipulated the value of the yuan.

In April 2003, exactly one month after the Iraq war, Sally Atkinson of Newsweek wrote in response to a reader from Lahore in Pakistan, asking what would be the value of 100,000 Iraqi dinars after the war. "Unfortunately, they are not worth much so far, Before the first Gulf War, the dinar was equivalent to about $ 3, and now the value of one is less than half a penny, so the 100000 is worth only 50 cents.

In 2006, the mainstream media began to monitor a strange trend of investor thinking.

In January of that year, the editor of "CNN" Walter Vuegrave strongly warned the reader who inquires whether he should buy the Iraqi dinar in the hope that it will regain its value, and in September, and achieved "ABC News" in this phenomenon , And a month later, the magazine "Boston Magazines" talked about its investors in the Iraqi dinar.

Although the Iraqi crisis deepens day by day, there are people who sell the Iraqi dinar via Web sites to Americans, betting on a currency revaluation soon, where John Wasik of Forbes was one of the most critical of this theory.

By the year, Wasek said the FBI was investigating Iraqi dinars traders. The following year, he noted that the Securities and Exchange Commission filed a complaint against a Utah man who had sold about $ 1.7 million of the dinar claiming he had information that there was Soon to raise the value of the Iraqi currency.

"Last month, a federal jury convicted one of the largest transactions of the Iraqi dinar in the United States after a five-week trial," according to the Attorney General's Office in Atlanta.

The quick search on Google and Twitter shows that many believers are still spreading rumors about the possibility of raising the value of the Iraqi dinar, and hope that the billionaire businessman who turned to Trump will do it.


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