Iraqi Dinar - Jim Cramer Recommends Iraqi Dinar As An Investement

Jim Cramer Recommends Iraqi Dinar as a possible investment. Yeah, its a total scam, all I read online even on the Nasdaq site is what a scam Iraqi Dinar is...but Jim Cramer always struck me as a smart guy.

See the video below.



PRWeb Press Release

November 4, 2009

DinarBanker Reports Huge Increase in Iraqi Dinar Sales Following CNBC’s Jim Cramer Currency Money Advice


In a recent show about the promise of new investment opportunities in Iraq, Mad Money host Jim Cramer discussed the most promising avenues to invest in the reemerging nation. He strongly recommended investing in the currency of the county, the Iraqi Dinar, as a prudent play in this growing market. Other monetary notes have experienced significant growth in years following conflict, such as the Kuwaiti Dinar after the Gulf War.



(Vocus/PRWEB ) November 4, 2009 -- The host of Mad Money Jim Cramer, strongly endorsed investmenting in Iraq during a recent show discussing investment into Iraq and the Iraq Dinar currency. In his October 20th broadcast, the CNBC financial pundit talked about what people in the investing community were saying about the reconstruction and infrastructure building in the country of Iraq. Cramer said that the general tone of the future growth of the country’s economy was very optimistic. He stated, “I know that my viewers are desperate to play Iraq” and “People in this country do believe that there is a major oil-based recovery that can last for years.” Iraq is rich in natural resources, especially oil, and a successful development and security plan could potentially make the nation’s economy one of the leaders in the region.

DinarBanker - Leading Broker of Iraqi Dinar

I know that my viewers are desperate to play Iraq

People in this country do believe that there is a major oil-based recovery that can last for years.


One of the things that our viewers are saying is to buy the Iraqi Dinar.


I have requests every day from people who want to own the currency of Iraq and I am always in favor of owning the currency.

This is a country that is resourced based that obviously has a lot of aid from the U.S., but could be quite self-sufficient in a very short amount of time.

history proves that the return on investment in Iraq is worth it.


Now I am not sure how you can buy the dinar in bulk in this country.

Of course we’ve know for a long time that this is a promising market, but Cramer’s report has increased the number of people contacting us about the dinar

There has been an increase in interest in the market, and more people are investing.

Mad Money with Jim Cramer

Talking about ways to invest in Iraq, Cramer said, “One of the things that our viewers are saying is to buy the Iraqi Dinar.” The dinar is a new currency that was created after the removal of Saddam Hussein. The new Iraqi Dinar has been in circulation since 2004 and the Iraqi Dinar exchange rate has steadily increased in value over the past six years. Overall, the value has grown at the same rate as global inflation over the same period. But the prospect of a more secure situation in the nation could attract a vast range of new businesses, money, and people which could significantly raise the value of the new Dinar.

Speaking about the option of whether or not to buy Iraqi dinar, Cramer said, “I have requests every day from people who want to own the currency of Iraq and I am always in favor of owning the currency.” He went on to talk about the future of Iraq, saying, “This is a country that is resourced based that obviously has a lot of aid from the U.S., but could be quite self-sufficient in a very short amount of time.”

The recent recession that has affected nearly every economy around the world has had little effect on Iraq as it continues to experience rapid growth as the result of rebuilding. In the face of an inflationary U.S. economy, many investors who currently have spare capital to invest are weary about what markets will yield a reasonable return on investment, but Iraq seems to offer a tremendous opportunity. In a much larger sense, former U.S commander in Iraq, General Petraeus commented that he hopes that “history proves that the return on investment in Iraq is worth it.” This goes far beyond financial growth, but encompasses the development of the entire nation. The enthusiasm spoken about by Cramer centers around economic prosperity, which is the result of the rebuilding the Iraqi infrastructure, which gives the Iraqi people the opportunity to prosper. The success of the Iraqi Dinar is but one measure of this overall goal.

When he gave his report on Iraq, Jim Cramer commented, “Now I am not sure how you can buy the dinar in bulk in this country.” This got an immediate response from people who knew of reputable brokers who sold the money in the United States and other nations. Over the following days, Cramer reported on avenues to buy Iraqi dinars available to people outside of Iraq. In fact, there are many companies in the U.S. who buy and sell Iraqi Dinar. DinarBanker, a leader in the Iraqi dinar trade, noted that this coverage has brought welcome attention to the services they provide for their clients.

“Of course we’ve know for a long time that this is a promising market, but Cramer’s report has increased the number of people contacting us about the dinar,” said the President of DinarBanker. “There has been an increase in interest in the market, and more people are investing.” Much of the growth of Iraq’s economy over the next few years will depend of the confidence companies and individuals outside the country have in Iraqi’s continued growth. Sustained support from foreign investors will be necessary if Iraq wishes to become one of the powerhouses of the Middle East.

DinarBanker is a respected foreign currency broker that both buys and sells Iraqi dinar. As a based in the United States, they are registered with the U.S. Treasury Department as a certified currency trading business. They are a proud member of the Better Business Bureau and have a commendable reputation in the trading world. DinarBanker seeks to meet their clients’ financial needs and keep them on top of the latest Iraqi Dinar news is there to assist you today and years into the future to make sure you invest successfully.

Watch the Video! MSNBC, “Mad Money with Jim Cramer” Oct. 20, 2009