Iraq Dinar Speculation. Many are talking about Iraq Dinar RV(Revaluation) but nobody knows when this going to happen. People can only hope. So, why so many people believe that there will be a RV someday?
I am not sure about this myself. One thing for sure, the impact to world economy will be massive if they to perform the Iraqi Dinar RV.
In USA alone, I believe thousands of people at least are holding about one million Iraqi Dinar each.
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Stay when the market is positive, and leave when it's not. Many traders get sucked in to the state of mind of staying having a cash losing technique for long amounts of time, and obtaining thrilled having a tiny profit. Once the market slows down, you need to always stage away and cut your losses.
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I have heard stories from investors who bought a wheelbarrow load of a specific penny stock and stuffed them in several desk drawers for safe keeping. A year or two later, the price of those penny stocks had eventually gone down in price to a mere fraction of what they were purchased for. The investor would say "Oh well, I knew it was a long shot." The stock certificates were pulled out of the desk drawer and then were used as wallpaper on the walls of the basement or garage as a reminder of how long shots do become worthless sometimes.
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