Part 2: Iraq, China and investing in Iraq

 So why should we invest in the Iraqi Dinar when the country is still not under control of its own government, and the Dinar is worth less than it was in 2004? Isn't that extremely high risk? And you might not get a return on you money for 5-10 years! And what if the US bombs Iran? Then what? You might loose everything you invested! That being said, this kind of investment is HIGH RISK, but with high risk comes the possibility of VERY HIGH RETURN.

  Iraq is a very wealthy country, in the sense that they are sitting on more than 1/3rd of the oil in the world. But there economy is currently in shambles, and the US government is trying to hurry up the process of getting the Iraqi Government back in control and bring them back on line as soon as possible. In my opinion it is in the best interest of the administration to make this happen before the next presidential election.

  President Bush passed a law making it legal to invest in the New Iraq after 2003, before the invasion it was illegal to invest in Iraq due to sanctions. People have been betting that the Dinar will turn around for the last 7 years, who would have thought we would be in our 7th year of occupation? And every day is one closer to the US getting out and Iraq selling on the open market again.

In the last year China has won 10's of Billions in contracts to build refineries, run oil fields and operations, in fact they have personnel on the ground working on fields right now! So if China has anything to do with it, Iraq will not fail, it is in the best interest of China to keep Iraq stable and get them back on line as soon as possible! With China controlling the oil and the us keeping military bases in Iraq it could be time to make alot of money.

  A final thought for this segment, if the Dinar is 1000 to 1 on the dollar right now, and in 1995 it was 3.20 to 1 on the dollar, with hyper inflation imminent in the future of the US and oil is sure to sky rocket with inflation, it could be a great time to invest! Look at it this way, when you buy the dinar you are buying oil stocks!

 Part 3 will come tomorrow and I will talk about where you can get Dinars to invest in and how exchange works.

         By Benjamin Smith

 "When you buy dinar it is a long term decision. There are a lot of rumors about when the dinar will revalue and allow dinar investors to make a huge profit. Many of these rumors provide a timeline of six months or less. However, keep in mind that like any foreign currency, the dinar is tied to the strength and stability of Iraq. This means that it must first form a stable political regime to promote and protect its economy. This is going to take years, not six months. So keep this time frame in mind when buying the Iraqi Dinar". By Daniel Carlson