Archive for January 13th, 2010


Iraq Dinar
ME asked:


I’m thinking about investing in the new Iraq dinars which is a very LOW investment right now with the possibility of HUGE return. I’m already researching pros and cons, so not looking for opinions on this investment.

My questions are…

*IF* that day ever comes when I do have an obscene amount of money to deposit into my account, does the IRS automatically step in to take a piece? If so, how much?

Is there a certain deposit amount at which this occurs (i.e. any deposit over $10K raises a tax flag)?

Also, would something like this be considered “income,” to be declared on my tax forms?

Thank you for any info you can offer.

Brendon Eichelmann

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Iraq Dinar
rafa0022 asked:


I bought about 125,000.00 dinars hoping it will have the same

value as a USA dollar. Before the war it was 3.20 dollar for each 1dinar.
Do someone have some information?

Zenobia Sandoral

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