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Everyone is talking about the Dinar, people are investing in the new currency, but is it a hoax or is Iraq's New Money really a way to get rich quick? We expose the truth, show you how to spot the fakes and explain what the dinar really costs should you decide to move forward.

Thinking about investing in the Dinar? Consider this; say you purchased 146,000 in 2004 at a price of $100 US Dollars, that investment would put you $15 in the hole!

When you purchased the Iraqi Dinar, you, like everyone else, paid a premium of $40 ($30 markup, $10 shipping) and lost $21 due to inflation, so really, you paid $161 for 146,000 dinar. Right now, the value of those 146,000 dinar is $125, that is a loss of $36! Worse, people buying the dinar can have a different exchange rate, again, so they come out ahead. Had you taken that $161 dollars and invested it in a 4% CD, after being adjusted for inflation ($43-$34), you would have made $9!

You'll see many sites dedicated to the Iraqi Dinar displaying graphs that are seriously skewed and include the Old Iraqi Dinar that is no longer in circulation or even based on the Dinar alone without comparing US values.

Value of the Iraqi Dinar Take a look at the chart to the left, this is what you should really be looking at!

In this chart, we look at the growth of Iraqi money in US Dollars from 2004 to 2011 and compare that to the rate of inflation which is .15 for that period.

Looks pretty bad, doesn't it? I'll bet that if you take a look at other sites you won't find charts like this one! Why, because a chart like this clearly shows the real value of the Dinar.....READ MORE