Archive for March 17th, 2010

Iraqi Dinar: If The Prize Warrents The Price Then The Price Is Worth Paying

Wednesday, March 17th, 2010

Has this ever happened to you? Someone you know calling the dinar ‘wallpaper’?  Just over 5 years ago the “Quote – ‘dinar is wallpaper‘ ” – end Quote.. critics had some merit when the Iraq civil war was in full swing and the Iraqi Government had a chance of being overturned. When one of my cousins last month suggested dinar being wall paper it clearly indicated to me that all online critics saying the same thing must be equally misinformed about the current strength of Iraq currency.

Dinar Revaluation – The Prize

Any dinar investor or dinar critic who does not have the end in mind, that being the RV stands the chance of not experiencing the Prize. Keep your eye on the prize. Do you believe the dinar will reval with at least 1 penny to 1 dinar in your life time? If yes, then you have the basic foundational belief that investing in the Dinar is a decent investment that is in fact moving towards the Prize.

Prepare For The RV – The Price

You cannot just justify the cost of acquiring your Iraqi banknotes or Warka dinars as being the price, there are other facets of ‘the price’. How much negative comments are you willing to take from non investors? How long are you willing to wait for Iraq to reconstruct, rebuild, and revaluate? These too are vital elements we as Dinar investors must account into what price we are willing to pay. How much will you invest, this is all equated into the price of the dinar opportunity and how much you are willing to pay.

IF Prize Warrants Price THEN Price = Worth Paying

If you are like me you are in a position where you want more dinar and are working on getting more. Maybe you want to sell as you think you have already paid too much of a price and need some cash flow in hard times. Nevertheless, if you believe that the Prize (the revaluation) WILL occur sometime from now or into the future, and you believe that the RV will be at least 1 penny US then the price of your dream or your goal should be worth paying. If the prize of the dinar you desire warrants the price then the price is worth paying.

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This article may be reprinted online or offline as long as this box
remains and is hyperlinked online.  Written by Darren Chabluk
for http://www.DrDinar.com
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