Pimpy

Here’s the article every one is loosing their shit over Article: “The Iraqi dinar without zeros:  The Central Bank of Iraq launches a historic reform”  Usually I come in and pee […]

Al-Sudani has provided the most stable political economy and investment environment Iraq has seen in a very long time.  In order for this to continue, al-Sudani needs to be put back […]

The hard part of everything that’s been going on with Iraq is coming up.  We have elections on November 11th and Al-Sudani is already making his pitch to be prime minister […]

If you bought your Iraqi dinar and it’s been less than a year, those are short-term gains.  If you had it longer than a year, then you have what’s called […]

Article: “US dollar exchange rate decline in Baghdad, rises in Erbil”  This is from a couple days ago but there has been a trend started.  This is what you want to […]

There’s no ‘in-country’, ‘out-country’ bullshit. Can you imagine if they did two different rates? …You know how many people would flood into Iraq, change for the move valuable money and […]

You see an article where they said they plan on removing the zoros.  They plan on removing the zeros of the Iraqi dinar currency but they don’t have any plans at […]

Nobody should be surprised by this Article: “Central Bank: Gold reserves reached 170 tons and the intention to remove he zeros from the dinar”  Notice it doesn’t say remove the zeros from […]

Community Comment: “Pimpy doesn’t want this to happen.”  What the hell are you taking about?  Of  course I do.  Just because I don’t agree with what you’re saying doesn’t mean I don’t […]

It’s real simple if you had the Iraq dinar for less than a year and you can prove it you pay short-term gains.  If you have it longer than a […]

I don’t tell you guys the things that you want to hear, but it’s not because I just feel like pissing people off.  I’m trying to tell you guys to stay grounded.  […]

Why do you have to go to multiple banks?  You just go to one bank.  I go to my bank, that’s it.   I don’t have to go to multiple banks. […]

Everybody has their whackadoodle idea of what the deletion of the zeros are…What does that mean?  If you look at your bank note…let’s say we’re talking about 25,000 Iraqi dinar note, if […]

We need the Iraqi dinar to go get on the damn Forex.  Once they’re on there, the restrictions will be removed.

Realistically in history of redenominations in which a country deleted zeros, it didn’t go quite the way you’re being told with Iraqi dinar.  Nobody ever did a hike that high and left […]

 Iraq is doing very good to keep things stable…Al-Sudani has done a really good job but I’m really concerned about the election that’s coming up just because there’s always some kind […]

What is a redenomination?  It’s when they change the whole look of their currency.  Like I said, cross your fingers, we’d hope they don’t remove the three zeros and they change the […]

Article:   “Iraq’s gold reserves increase by 10 tons and its currency reserves decreased by $8 billion”  You don’t want it to decrease.  You need it to increase.  The only reason you’d be […]

I know people think Sudani is the bad guy, but that’s not true…Al-Sudani used to be a protege of Maliki of the coordination framework.  But since Al-Sudani has become the prime minister […]

Yes this step is good.  They’re not on exotic currency list no more.  That means the currency is now stable and has the ability to be traded on Forex, which […]

A redenomination is the changing of the image on the bank note.

Stability is what we’re looking for in Iraq and so far they seem to be well on track.  Al-Sudani has managed to keep them from conflict which is really good for […]