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Thread: Would I really make a Million?
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04-24-2011, 06:54 PM #1
Would I really make a Million?
Hey all sorry to bring this up but I can't find hard proof this is a scam but I can't find it is 100% true either...just looking to invest in something that will help my family out in the future...so please let me know what you think....
At the end of the day I spend $3,660 American money for like $3,000,000 Dinar money when they drop the 3 zero's I cash out...any idea's?
http://dinartrade.com/Last edited by War Theory; 04-24-2011 at 06:58 PM.
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04-24-2011, 06:56 PM #2
I think
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04-24-2011, 07:00 PM #3
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04-24-2011, 07:00 PM #4
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Looks like spam/scam, sounds like spam/scam, ...................................
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04-24-2011, 07:03 PM #5
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04-24-2011, 07:03 PM #6
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There isn't anything good to invest in right now.
Maybe pandora if they go public, lol.
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04-24-2011, 07:05 PM #7
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04-24-2011, 07:12 PM #8
If you think the dinar is going to increase in value then go for it but I don't see that happening. When we finish pulling out that whole region is going to go to shit.
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04-24-2011, 07:12 PM #9
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yeahno.
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04-24-2011, 08:05 PM #10
Currency speculation is legitimate, but its a gamble. George Soros did it in 92.
In 1992, the United Kingdom joined the ERM, which was a system of fixed exchange rates as a precursor to the introduction of the euro. Because of the disparity between the economy of the UK and the countries to which its currency was pegged, popular support for ERM membership was waning. Due to this, and other factors, most economists considered the Pound to be overvalued. George Soros saw this as the opportunity of a lifetime.
Using his extensive financial resources, he very quietly secured millions in loans in Pounds, which he then converted to dollars. Once his money was securely in dollars, he went from quiet to noisy. He publicly voiced his opinion that the pound was seriously overvalued, and that he considered its devaluation to be imminent. Many others followed suit, and a run on the Pound was the result. The UK tried, unsuccessfully, to prop up the Pound, but after only three days, the UK was forced to withdraw from the ERM and float its currency, which settled at around 85% of its initial value.
Soros was then free to convert his money back into pounds at this new exchange rate, pocketing nearly $950 million in the process.
I would go for the yuan instead, because when it decouples from the dollar it is going to spike upward pretty hard, but still I would consider it gambling with a fancy name.
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04-25-2011, 04:05 AM #11
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