First off, above everything else, I wish you best of luck with your investment.
I actually have a very, very nominal investment in these more out of curiosity than anything.
With that being said, just because you are quoting facts and figures on here that could potentially influence others (and have obviously influenced your investment strategy), I'd encourage you to fact check a bit better.
I researched a bit, and while I do not necessarily question the $7 trillion dinar money supply under the Saddam regime, I will without hesitation 100% assure you that there was not a $7 trillion dinar money supply when it was priced at $3.86. There was a period under the Saddam regime where I believe the rate was closer to 3,500 dinar per $1USD, and if you saw the $7 trillion dinar money supply figure somewhere, it was definitely after Saddam let the printing presses run and the currency had significantly devalued.
I do not stand by these figures 100%, but I saw two different links that respectively quoted the money supply at $25 billion dinar and $27 billion dinar respectively when it was priced at $3.86. Again, I would need to fact check a bit further before I'd completely stand by these figures, but they make much more sense, and I'd be surprised if they were materially off. When you work those figures into your calculation above (instead of the $7 trillion) I think it gives you a more realistic idea of potential appreciation for the investment.
Also, one post you made earlier, about the E&Y contact, when he was quoting the $1.17 fair value, are you sure it wasn't in the context of the fact that the exchange rate was determined to be 1,170 Dinar : $1 USD? It just seems too coincidental for it not to be the case. I'm not saying he was purposely misleading you, but unless he was personally involved in the audit, he could have very easily misinterpreted, or misquoted the information to you.
Anyways, like I said in the first couple of sentences of the post, I do wish you best, but I think it is important for you, and anyone else who invests in these, to realize they are really entirely hanging their hats on the "follow the money" aspect, and the facts and figures really don't support the investment.
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