chat

 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 […]

There’s still problems with the exchange rate…Right now the solution they’ve come up with is increasing the interest rates for customers if they deposit their money and leave it there […]

  Al-Sudani has been doing very good about being neutral, as he should.   There’s no reason for Iraq to get involved in any of the crap.  Just keep moving forward.  Focus on […]

Article: “Al-Kadhimi: The decision to increase the interest rate will activate the banking system inside Iraq”   Will increasing interest rates on your account to 7.5% draw people in?  Heck yeah […]

All kinds of articles about the exchange rate.  And how easy is it to predict when you see a bunch of articles about the exchange rate you got a bunch […]

All kinds of articles about the exchange rate.  And how easy is it to predict when you see a bunch of articles about the exchange rate you got a bunch […]

There is a lot of concern in Iraq about the current exchange rate and I understand why.  Remember the currency exchange rate really does hamper with their imports.  What you […]

There’s no numbers on the back screen, there’s no 1-800 number, you don’t have to do a so-called humanity project.  Don’t get me wrong I encourage people to do humanity […]

Question: “Please explain what you mean by dirty float.”  There are different monetary policies that people could put into place to control their exchange rates.  A dirty float is a […]

Question: “Please explain what you mean by dirty float.”  There are different monetary policies that people could put into place to control their exchange rates.  A dirty float is a […]

There’s no proof whatsoever that anybody inside our congress hold Iraqi dinar.  Now I’m not saying they don’t because the truth of the matter is most of them are in […]

There’s no proof whatsoever that anybody inside our congress hold Iraqi dinar.  Now I’m not saying they don’t because the truth of the matter is most of them are in […]