The Worth of Currency

[NotMe]

The Worth of Currency

ISX-Data.com / The Worth of Currency (http://www.isx-data.com/opinion/)

So in conclusion, currency is stored energy. Currency is in itself worthless, but has it's value based in our trust.
As in the US, Iraqis have trust in the dinar, based not on Fort Knox, or even on coconuts and fish, but on oilfields. Point to an oilfield in Iraq, and you have backing for the currency.

**END ARTICLE**

[granny]

On that same page there was a link that goes to this OPINION page. Titled "Revalue of the Dinar, Yes" Good reading.
ISX-Data.com / Re-Value the Iraqi Dinar? Yes! (http://www.isx-data.com/opinion/137/revalue-the-iraqi-dinar-yes)

[granny]

Baghdad Time: 09:06pm, 09/07/2006 ~ market is closed | $1 USD = 1475.63 IQD ^

I forgot to add that Opinion is on the Iraq Stock Exchange link page from this morning (to us) 9:06 pm to them.

[Luray]

Thanks for the info guys-lets all keep searching and sharing (instead of snipeing)

[Pimpmaximus]

That currency in and of itself has no value should be a fact that any speculator knows. Period. If this is new info for anyone, you are most definitely in over your head...........:shhh:

[harry]

i wish price of fish and coconut will go up lol