Pimpy

I came across this older article about the Iraqi dinar… Article: “Saddam winning out over dollar”  Quote: “The Iraqi dinars bearing the former dictator’s image soars in value against a dollar in recent days.”  You might see these same headlines here shortly.  This is from May 22, 2003.  Quote:   “Is a currency posting the biggest gains against a dollar in recent weeks isn’t the Euro or the Yen, it’s the Iraqi dinar…Baghdad says the dinar’s value is soaring reversing a slide that had accelerated during the war.  The Baltimore Sun reported that 2 weeks ago $1 could buy 2,000 dinars…”    [Post 1 of 2….stay tuned]