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The penny stock market is for stupids (access required)

Dear Mr. Berko: Charles, a devout and refined member of our evangelical church, allowed us to invest $5,000 into 4 million Iraqi dinars recently. He said that in November of 2013, the Iraq government would raise the value of the dinar, making each dinar worth 33 cents. He said Iraq has 26 percent of the world's ...

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