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Iraqi Dinar Question #2

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Emailed Question:

Hi Marshall, hope all is going great with you.

Purchased D1M from you back in 2004. What is the status of the
Dinar.............public trading yet? If I hold my Dinars rather than
transfer to a Dinar Fund, what will this mean.

Best regards. Dan

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Hi Dan, right now the Dinar is not traded on the open market. It is still traded by Dinar dealers like myself only. If you hold your Dinars rather than put them into the Dinar Fund, well I'll just do a breakdown.

Holding Cash Dinar VS Putting Dinar into the Dinar Fund

With the cash Dinar you physically have the Dinar in your hands but that really doesn't do much for you since it's really just worthless paper until you can change it back to US Dollars (or whatever currency you use if you are not from the US)

In the future it may be hard to trade in the cash Dinar. You'll be able to go through one of us dealers to get it done but it will be first come first serve when that happens and will cost probably around 20% of your money to get it done.

With the Dinar Fund you'll stick your Dinar in the fund and then only worry about it when the Dinar goes up in value and you want to cash out. At that time all you'll do is click withdraw and let the bank know where you want your money wired to.

It'll be a 20% fund fee for any value that your Dinar goes up. So if you make $100,000 US Dollars, you'll be wired $80,000 US Dollars to your bank account.

It will be done within days rather than if you want your cash Dinar exchanged it will probably take at least a month before it is traded in at the minimum and will still cost you a fee.

So in my opinion the Dinar Fund is a no brainer.

If you want to get setup with a Dinar Fund account, go here:

http://investindinar.com/dinarfund.html

Let me know any further questions you have because many other people are wondering the same things!

Marshall
http://investindinar.com