A couple of years ago I conducted a number of interviews to give the dinar community perspectives from people I considered credible. One of them was a man named Marcus Curtis who has a blog dedicated to the dinar called Iraq Currency Watch. Shortly after that interview Marcus sold all of his dinar and revamped his blog to inform everybody that he now considered the dinar investment a scam.
He wasn't posting much on the dinar over the past year or so, saying that he wanted to focus more on his family and his work. But recently Marcus has added a few posts to his blog and has been participating in a discussion at Baghdad Invest about the fraudulent nature of dinar marketing. He's of the belief that Iraq is using US dollars from the sale of dinar to build their reserves, and that when they redenominate they'll probably only allow exchanges in Iraq, virtually ensuring that anyone holding IQD outside of Iraq will lose what they've invested. This is a worst case scenario for dinar investors, and it's a view I haven't really subscribed to until recently.
The reason I'm reconsidering my view is that a man calling himself Zahlid who claims to be an Iraqi connected to the CBI has been saying essentially the same thing that Marcus has been saying. He's saying that the RD will occur in a couple of months and dinar investors will have nobody to blame except for the lying conmen who have been pumping it for years. This, coupled with reading through Marcus' research has me wondering now if the worst case scenario is what we'll soon be seeing.
The emergence of Baghdad Invest and Marcus' re-emergence, along with Mr IQD's input have created a sort of alliance among our sites to expose the scammers and the lies they've spread for the longest time. I posted recently about Baghdad Invest and Mr IQD, and today I would like to invite my readers to check out Marcus' thoughts on his blog and a couple of threads at Baghdad Invest.