Pimpy

  In Pimpy's Investment Chat 

People are asking me about the rate. Nobody knows. It’s all speculation. I know people like to equivocal what happened over there in Kuwait with Iraq. There are huge differences. One is the length of time in-between when Kuwait devalued their currency to when it was revalued. Also the amount of Iraqi dinar…out in circulation is way bigger than what was going on over there in Kuwait. Having said that, that doesn’t mean it’s not going to happen. I’m just saying, people go around saying this is the same exact thing. I was one of those people. There were a lot of similarities between them but then when you start taking other factors into consideration that all play a part in what the dinar rate is going to be.

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