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Home - investment - Page 3

investment

December 13, 2023

Pimpy

Question “Does Iraq need to change their exchange rate in order to be part of a currency basket?”   In the news lately Iraq has talked about expanding their currency basket but somehow, […]

Pimpy
Pimpy
December 13, 2023

Pimpy

Article: “Parliamentary Finance: Spending only 20% of the current year’s budget”  Quote:  “the government has spent only 20% of the current year’s budget, and expected to release the rest of […]

Pimpy
Pimpy
December 12, 2023

Pimpy

  Shortage of liquidity…Iraq has been plagued by political instability…the ongoing conflict with the terrorist groups ISIS as well as tensions between Kurdistan and the central government this has disrupted the […]

Pimpy
Pimpy
December 12, 2023

Pimpy

Nowhere and I mean nowhere out there is there proof the US dollar now equals $1.39 Iraqi dinars.

Pimpy
Pimpy
December 12, 2023

Pimpy  

There are some people who are unclear … when I say Iraq is relying too much on oil.  This is an issue.  That’s why there’s no stability in the economy […]

Pimpy
Pimpy
December 11, 2023

Pimpy

They’ve been talking now for several months about needing to strengthen the Iraqi dinar, doing what they need to do to close the gap between the official rate and the […]

Pimpy
Pimpy
December 11, 2023

Pimpy

Rumor the exchange rate had changed.  It has not changed…It doesn’t make sense for them to change the exchange rate in one location and not another.  What’s to keep people […]

Pimpy
Pimpy

Pimpy’s Investment Chat

December 11, 2023

What happens if Iraq unpegs from USD 12/10/23

Pimpy's Investment Chat
Pimpy
December 11, 2023

Pimpy

Remember Iraq is an importing country, not like Vietnam who’s exporting…They have room for the Iraqi dinar to grow.  This will allow them allow them to bring in goods from around […]

Pimpy
Pimpy
December 10, 2023

Pimpy

Question:  “Article 140, HCL, Oil and Gas – RV ready?”  Even if they pass that doesn’t mean the RV is going to to happen.  That’s what I keep telling people…There are people […]

Pimpy
Pimpy
December 10, 2023

Pimpy

 [Response to the the new Iraqi Dinar Commercial video….See Frank26’s 10-8-2023 post below to watch it.] The video shouldn’t be shocking to anybody.  The video that was released is only […]

Pimpy
Pimpy
December 9, 2023

Pimpy

Community comment:  “I disagree with your position.  The dinar going up in increments doesn’t help anyone.”  Sure does.  It helps the Iraqi people.  They get more purchasing power.

Pimpy
Pimpy
December 9, 2023

Pimpy

Article:  “A matter of a homeland. A campaign to support the Iraqi dinar and make it the gateway to build the country.”  The quicker they do away with the dollar and […]

Pimpy
Pimpy
December 9, 2023

Pimpy

Question:  “Sudani on several occasions did say the dinar would be worth more than the US dollar…was he spreading more false hope to his worrying people?”  I’ve heard him say […]

Pimpy
Pimpy
December 8, 2023

Pimpy

I’m anticipating an increase at somewhere around the first quarter of next year.  The only reason why I think that is I’m paying attention to everything that Iraq is doing.  […]

Pimpy
Pimpy
December 7, 2023

Pimpy

Not only is Iraq tackling infrastructure – fixing the 10th largest port in the world, opening up one of the largest roads for interstate commerce, in addition to that they’re […]

Pimpy
Pimpy
December 7, 2023

Pimpy

Remember I told you I was aware that Iraq was sitting on the discovery of some oil fields and I  had not heard anything about it in the news whatsoever…Article […]

Pimpy
Pimpy
December 6, 2023

Pimpy

Vietnam purposely keeps their rate low because they are an export country, unlike Iraq.  Iraq is an import country so for Iraq it makes more sense for them to increase […]

Pimpy
Pimpy
December 6, 2023

Investors confirm that the Iraqi market has an excellent investment environment

The agreement signed between the Iraqi and Saudi sides in the field of industrial investments for the private sector is considered an important partnership and a stimulating initiative that will […]

December 6, 2023

Pimpy

  We know elections are coming up and we know what happened last election.  I’m not trying to jinx it but we’re definitely hoping that everything goes a lot smoother […]

Pimpy
Pimpy

Pimpy’s Investment Chat

December 5, 2023

Iraqi Dinar update for 12/05/23 – Mr Sandman stops by to straighten things out and share intel

Pimpy's Investment Chat
Pimpy
December 5, 2023

Pimpy

There’s no 800 numbers.  There’s no redemption centers.  There’s no pay stations or however way you want to cleverly call these things.  It’s all bull crap…IQD is bought and sold […]

Pimpy
Pimpy
December 5, 2023

Pimpy

‘Pay stations around the country where you can cash in your dinars’  She’s full of crap.  Pay-stations?  I guess that’s the same as redemption centers, right?  Let me put it […]

Pimpy
Pimpy
December 5, 2023

Pimpy  

Question:  “Are there steps Iraq can take to have the $3.22 rate reinstated?”  Yes.  I’m not saying that they can do it…I’m not saying it’s not going to increase in value, […]

Pimpy
Pimpy
December 4, 2023

Pimpy

Still today I can’t find any news so called restrictions removed.  No restrictions have been removed yet.

Pimpy
Pimpy
December 4, 2023

Pimpy

Article:  “Central Bank reveals two agreements during joint Iraqi delegation talks in Turkey”  This agreement with Turkey allows…merchants to purchase goods from each other’s country using their own currency.  If […]

Pimpy
Pimpy
December 3, 2023

Pimpy

 Currency Auctions…Adjusting the auction mechanisms and policies could help control the supply and demand dynamics of the IQD…Fifth, Government of Iraq – Investors…have to feel their investment is secure.  Having a stable […]

Pimpy
Pimpy
December 3, 2023

Pimpy

 I found the steps Iraq would need to take in order to reinstate its $3.22 rate…Stabilize the economy by addressing issues such as inflation, unemployment and corruption…diversifying the economy beyond oil […]

Pimpy
Pimpy
December 3, 2023

Pimpy

Iraqi dinar is going to go up in increments because as you go up one step at a time you’re able to see what kind of shock you’re going to […]

Pimpy
Pimpy
December 2, 2023

Pimpy

  When we talk about stability this is not what you want to see.  Article:  “10 Killed, 14 injured in Iraq roadside Bomb Attack“  If you’re going after politicians that’s not […]

Pimpy
Pimpy

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