Pimpy

  In Pimpy's Investment Chat 

REPORT: “White Paper for Economic Reform” Now that we have the details of the “White Papers” or The Economic Reform Papers you guys can see the details for yourself because there is some exchange rate talk… quote “Review the current exchange rate of the dollar against the dinar.” Again, listen, they said they’re just reviewing…as the dollar continues to get weaker other currencies will rise up against it.  This is good for those of us holding on to foreign currencies as an investment.  We want to see that…quote “establishing new trade markets such as commodity markets and a currency exchange market.” We need to see the Iraqi dinar become eligible and start trading on the Forex…they’ll probably just float the dinar and let the market decide from there what the exchange rate is…that’s good news. We need them to unpeg from the U.S. dollar.