Pimpy

Things have been moving along until today.  The man who’s been quiet for months and months and months decided to come out of his shell and start threatening the United […]

I hope Iraq stays out of the fray and stays away from all these conflicts, doesn’t get involved and just goes about their own business.  My concern is they’re not […]

I hope Iraq stays out of the fray and stays away from all these conflicts, doesn’t get involved and just goes about their own business.  My concern is they’re not […]

The gap between the fixed exchange rate versus the black market is widening…The last time we saw that Iraq was forced to increase the value of the Iraqi dinars.  It’s […]

  Community comment “My community college has a Dinar Guru class.   One semester, two credits.  I get my certificate November 20th.”  Man, I love that.  That is funny.

It stabilized for a little while but now…the parallel markets are way out of control.  You now can get 1630 for every dollar compared to 1300 on the official market…if […]

There’s talk about Al-Sudani doing something that will help with the dinar exchange rate… Article: “Sudani will announce next week a banking service that leads to the decline of the […]

There’s talk about Al-Sudani doing something that will help with the dinar exchange rate… Article: “Sudani will announce next week a banking service that leads to the decline of the […]

 People have asked me, ‘Do you expect any changes in 2024?’ Yes, nothing in ’23 though but 2024 absolutely.   As a mater of fact I’m anticipating a couple of changes.  Over […]

 I think over the next few years you’ll start to see the Iraqi dinar slowly increase in value little by little.  It’s hard to talk about where the dinar is […]

Iraq continues to move forward to do what they can for the Iraqi people, improving more on the banking sector, trying to find ways to make their economy stronger but […]

Iraq continues to move forward to do what they can for the Iraqi people, improving more on the banking sector, trying to find ways to make their economy stronger but […]

   There’s too many things that have to fall into place. #1 Iraq can’t keep relying on just oil revenue to fund their government.  They need other alternatives.  We know […]

Article:  “Iraq recovers $70 million smuggled into Switzerland”  Remember I spoke about this before that there’s a lot of unaccounted for Iraqi dinar that’s somewhere.  It’s considered stolen.  So before […]

People keep asking me, ‘In your opinion Pimpy are we going to see a change in the exchange rate before the end of the year?‘  I say no but if we […]

They need to 100% de-dollarize.  And I mean all markets with stiff penalties.  We understand they have to do it [Use the dollar] when they’re doing sales of oil but […]

This is not what you want, our own government to be so concerned about the actions of Iraq that they would be forced to do this.  Article:  “Washington directed the […]

   I don’t think the government gives a crap about dinar holders because…the average dinar holder holds 250,000 dinars. That’s it.  Sure if an RV happened tomorrow there would be a […]

There’s a lot of confusion about whether these banks in Iraq are on sanction and how it is affecting the exchange rate.  Article:  “The Reality of US ‘Sanctions’ on Iraqi […]

   The beginning of January there will be no more use of the US dollar, that should be a major plus for the Iraqi dinar.  It shouldn’t take very long after […]

Humanitarian projects…800#s, numbers on the back screens, somebody with magical codes, redemption centers, all that is bull shit…I’m not saying I don’t want to do one [humanitarian project] but I’m […]

I still think over the next couple 3 years you’re going to see the dinar continue to go up in increments but you’re not going to see any real major […]

I missed this one when it first came out. Reuters Article:  “Exclusive: Iraq to end all dollar cash withdrawals by Jan 1, 2024, central-bank official says”  We should see how this […]

My concern at the moment is whether or not Al-Sudani is going to be able to keep Iraq out of the middle of the crap that’s going on over there…95% […]

Article:  “Iraq to charge Customs Duties/Taxes “Exclusively in Iraqi Dinars”  This is awesome.  There we go – De-dollarizing, heading in the right direction.

In Iraq they have the ability IMO to do a controlled free float…People ask me, ‘Why doesn’t Iraqi dinar free float?’  Because it could be very very risky.  They could benefit from […]