Iraqi Dinar Investments May Be Your Best Retirement Option WithImpending Revalue of Iraq Free Dinar
By Michael O’Sullivan
This article is brought to you by Captain Black
The Iraqi government has come a long way since the overthrow of Saddam back in 2003. Sadly,there si a long way to go before Iraq and the infrastructure is back to what it was before U.S.invasion. I have been following progress since 2003 and have been an investor in Iraq ever since.Given the current economic collapse worldwide, what has gotten the attention of the investmentworld is the stability of the Iraqi Dinar over the past six years.As one of the main goals announced early on, Iraq has accomplished the stability of currencyconcerns, as well as they have managed to control inflation which was also a goal set by Iraqileaders. We only hear about the negatives in Iraq, terrorist attacks, sectarian killing, no electricityor adequate fuel for vehicles or generators to power homes and businesses. It appears only thenegative news was reported by the major media outlets given the liberal slant well known byeveryone given the press loved attacking the Bush administration.Politics as usual, both here in the U.S. as well as in Iraq. Politics is the same throughout theworld, and given the U.S. is forcing democracy upon Iraq, it only reasons that the same dirty politics and party divisions would be adopted as well by the Iraqi Parliament. All the delays wehave witnessed are all caused by the sectarian divide between Shiite's, Sunni's and Kurd's whichrepresent the main powers in Iraq. Given the hatred between the sectarian parties, similar to thehatred between the democrats and republicans, no wonder no one can agree on important issuesin Iraq.What we see now after six years is progress towards partial agreement between parties, notnearly what would be hoped given the wealth of Iraq, and the need to help its citizens which aremostly poor people who are desperate for change. If this sectarian divide did not exist, Iraqwould be well on its way to being the wealthiest middle east country by now. Sadly, these partieshave wasted years fighting over who gets what with regards to oil proceeds. Even after partiesagreed to share equally, it was not enough for some.With elections scheduled for January 2010, there was even a delay on the election law which washeld up for months leading up to the second most important election in Iraq. Will it go off as planned, it finally looks like it is passed, and this is one of the last issues that needed to beresolved before any hope of a revaluation or restoration of the dinars value.For those who have already invested in the Iraqi Dinar from the start, they have already seenover 50% return on investment, but if you are like most who follow this closely, 50% is a pittance to what the potential will be if you can just remain patient. With stock market collapse,markets rising and falling daily, housing collapse, banking collapse, we have seen it all over the past year, so considering the small amount needed for a potential retirement windfall, everyoneshould be researching the Iraqi Dinar for their retirement plan.