Pimpy Post 1 of 2

A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income.  In other words, the dinars value is directly related to the success and growth of Iraq’s economy. Until that happens the dinar will remain weak.  Here’s what it is I’m anticipation that’s going to happen.  Once the United Nations absolutely positively removes these [UNSC Chapter 7] resolutions and there’s no longer any restrictions on Iraq and…their currency and we see that the Iraqi dinar can now be bought and sold in our county freely with no issues then I’m going to anticipate Iraq to start doing the redenomination and the deletion of the zeros.   [Post 1 of 2….stay tuned]