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The Iraqi Dinar Revaluation Scam: What to do if you have bought or are being offered Iraqi Dinars [Copertina flessibile]

Nate Guerriero

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Descrizione del libro

12 ottobre 2012
Have you been conned by the Iraqi Dinar Revaluation Scam? I have, and know many others who have. This "investment" has been around since the end of the First Iraq War, and continues to reach into the wallets of unsuspecting people eager to earn a large return on their money in these times when that's a hard thing to come by! In this book I show you how the scam works, a bit of the history of it all, and what to do if you've been taken in by this scam. There are ways to go about recovering some of your money, and avoiding further complications. Nate Guerriero

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L'autore

About the Author As the youngest of ten children, I’ve experienced much in this life. A WWII vet, real estate investor, proud father and grandfather, I’d like to leave you with a snapshot from my childhood that formed me as much as anything. I learned early on the value of money. When I was young and started working, we didn’t have much. When I started making money (As I was the one of my brothers and sisters fortunate enough to have a job!) I would was to give money to my mother. On my payday I would give her the biggest portion of what I’d earned, and she’d look at me and say, “What do I do with this money?” I would reply, “I don’t know. It’s your money.” She’d never seen such a thing. Why did I do it? I just knew it was the right thing to do. No one had done this before, and neither had her husband. Every Payday this would happen. I’d give her money, and she’d ask what she should do. All of a sudden bills were getting paid, and she had a few dollars in her purse. She could now buy her favorite bread, and give to the Church. In her eyes, she was now a millionaire! For me, I would turn and go on my way, with a grin on my face. This was better than any vacation! And so says Nate the Elder

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Amazon.com: 3.6 su 5 stelle  5 recensioni
6 di 8 persone hanno trovato utile la seguente recensione
5.0 su 5 stelle Iraqi dinar scamming lies lead to increased currency purchasing 10 dicembre 2013
Di Son of Liberty - Pubblicato su Amazon.com
Formato:Copertina flessibile
Yes the dinar get rich quick is a scam for nearly ten years. Those invested in toilet paper from Iraq known as dinar are never going to believe or at least publicly admit they've been duped, bamboozled, scammed, suckered, etc. not one of them understands the true economics of Iraq and their currency no less will they understand why Iraq has not and will not revalue their currency. Civil war and strife has nothing to do with the "holdup" as they call it. A re-denomination / delete zeros / drop zeros also known as a LOP is what will occur. As part of that effort the exchange rate will be increased to right about $.86 (cents) thereby maintaining the same monetary value. And no you will not be able to exchange the present triple zero notes (25,000 IQD) against the $.86 (cents). If you study the economics & monetary policy there is no way on this green planet Iraq could EVER AFFORD to pay those astronomical trillions of dollars folk believe they will. So forget about the fables such as China will buy your dinar, 800#'s, group rates, oil credits, oil pumping sales or natural gas, gold, diamonds, Shabibi said, Maliki and/or Obama is holding this back because it is pure fantasy and guru/pumper lies. They get paid by dinar dealers to generate sales. But I ask you not to believe me and do some real studying on your investment from true verifiable sources, not dinar forums or conference calls.
0 di 1 persone hanno trovato utile la seguente recensione
2.0 su 5 stelle Tell me more 28 luglio 2014
Di Foots - Pubblicato su Amazon.com
Formato:Formato Kindle
Didn't tell me much that I didn't already know or was interested in.
7 di 15 persone hanno trovato utile la seguente recensione
2.0 su 5 stelle The Dinar Is Not A Scam 26 maggio 2013
Di Peter Pan - Pubblicato su Amazon.com
Formato:Copertina flessibile
Okay so the good first, the author actually wrote 48 pages which is better than a lot of these junk 10 page ebooks people are putting out these days. That's about all the good stuff I could find in this book. The author seems bitter he was gullible and fell into the hype surrounding the Iraqi Dinar and wants to tell everyone out there how angry he is.

I bought some Iraqi Dinar way back in 2004 or 2005. It's worth more today than it was when I purchased it so how is that a scam? Granted it's not worth much more maybe a few hundred bucks but most scams don't make you money in my experience.

Also, the Dinar is a product or a commodity. As long as you buy Dinar and you get authentic Dinar and your Dinar is not counterfeit you have not been scammed in my opinion. The only scam would be if you paid for Dinar and didn't receive it, if you paid for Dinar and got fake Dinar or if you bought into a Dinar hedgefund or other type of investment that didn't exist, do a Google search for BH Group Fraud or Scam and you'll see what I'm referring to.

I agree with the author there is a lot of fake rumors and hype out there about the Iraqi Dinar on various websites, forums, message boards and blogs. It's not the sellers of this currency hyping it up though, it's the buyers and it's amazing how rabidly people will defent their assertion that they are going to become millionaires off $1,000 worth of DInar they bought.

Anyone who thinks buying Dinar will reap a 100,000% return on their investment and they will make $12 million dollars off the thousand bucks they spent on Dinar is pretty gullible. Common sense tells you that just isn't gonna happen. We've all heard the old saying if its too good to be true it probably is right.

That said its not uncommon to try to buy something low and sell high to make money. People do it with stocks, precious metals and currencies so the idea of investing or gambling on a currency is nothing new. Anyone who thinks a return on something is guranteed or who believes 100,000% returns on your money are possible I have some ocean front property in Iowa I'd like to sell you.

The Dinar is not a scam, people have no-one to blame but themselves if they believe in these unfounded rumors and hype they read on the interent. It's almost comical you have Gurus who have been predicting a "revalue" literally every week for the past 8 years. Every week they are wrong yet people still hang on their every word and run out to buy Dinar when they make a prediciton for the 1000th time that the Dinar is going to revalue this week.

Anything could happen. Iraqi could fall back into civil war and this curreny could become worth nothing or maybe Iraq becomes more stable, gets their oil industry moving adn the currency gains in value. I wouln't be surprised if the Dinar went up a bit and I made a few grand off the deal but I have no illusions of becomming a millionaire off buying a few hundred bucks worth of Dinar.

There's several other titles here on Amazon about the DInar. If you want to read an optimistic view of the Dinar check out Iraqi Dinar RV Intel by Adam Montana. If you want to read some pessimistic stuff about teh Dinar check out The Iraqi Dinar Scam or Confessions Of An Iraqi DInar Dealer or What To Do If Your Offered Iraqi Dinar. I don't agree with them but they are all more well written and more factually based than this book.
1 di 4 persone hanno trovato utile la seguente recensione
4.0 su 5 stelle I would buy again 6 gennaio 2014
Di Bruce Feeney - Pubblicato su Amazon.com
Formato:Formato Kindle|Acquisto verificato
The book was very informative and yet never seemed to hit the home run.

I liked the book and would buy again from Nate Guerriero.
3 di 8 persone hanno trovato utile la seguente recensione
5.0 su 5 stelle Great explanation! Glad I Read This First 15 ottobre 2012
Di Bman11 - Pubblicato su Amazon.com
Formato:Formato Kindle
I especially liked the common sense approach, and the thorough explanation of the political aspects, and why that makes a dinar revaluation next to impossible.

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