Expert: Paul Henneman - 8/14/2004

Question
Dear Sir,

Do you think investing in the new Iraqi dinar is worthy?  I know people who are buying it speculating it will go up in price....and it sounds like a good deal.  What do you think.

Thanks for your time,
Todd Jeffreys

Answer
Todd,
 Thank you for your question! Unfortunately my expertise lies with stocks and mutual funds, not with currency. My lack of knowledge in this area leave me unwilling to offer you any advice, I do not think I have anything that would be worthwhile for you to consider. I do know enough that such an investment would be very risky! I do not think anyone can say for sure how the Iraq situation will turn out, and various possibilities would mean very different results for such an investment.
  I apologize that I could not be of more help! I do hope that you can find some information, perhaps there is another expert on Allexperts with more skills relating to currency than I have,

Sincerely,
Paul Henneman
President
ValuEngine, Inc.
www.ValuEngine.com
www.VEInstitutional.com
www.VEReports.com