pimpy

We know people were getting ready to protest but they were promised an exchange rate change and things seemed to have slowed down just a little bit…

The hot topic of the year appears like is the dollar exchange rate.  Once again I hear all kinds of flying rumors and I tell you guys just be careful.  […]

Article: “Advisor to the Prime Minister: The dollar exchange rate will be reduced according to the proposal of the central bank”  When they say ‘the dollar exchange rate will be […]

Between this new government and a new central bank governor if they choose so they can move the exchange rate to $3.22.  But just because they do it doesn’t mean […]

I have a friend who works inside the defense department.  Him and I talk a lot about geopolitics.  He’s usually over there in the Middle East…He recently retired…We had a […]

…The Prime Minister is telling everybody you’ll see real stability in the Iraqi dinar within the next couple of weeks…It’s positive.  Al-Sudani is saying this is a for sure thing […]

When Sudani said they were going to restore the original rate, what they’re talking about is making sure the exchange rate is closer to the 1450 not $3.23…No they are […]

We’ll know more after Iraq comes here with a delegation and meets with the U.S.  I’m sure Al-Sudani is saying, ‘Look, we want to increase the value of our dinar […]

Al-Sudani is only making a statement that’s true –  The dinar is stronger than what we’re seeing.  If Iraq wants the dinar to be as strong as or stronger than […]

There’s a lot of double speak still out there right now.  You got people talking about back screens and their contacts are telling them [XYZ}- I’m going to tell you […]

I’m not sure where these people are getting all these rumors.  We know that Al-Sudani said he wants to restore the Iraqi dinar to its original value but he never […]

Article:  “Dollar closes below 172,000 dinars on the Baghdad Stock Exchange”   It’s going in the wrong damn direction.

…More and more intensely now they’re starting to come out with Sudani said that their Iraqi rate is going to be $3.48.  Now it’s $3.90.  Wait it moved up to […]

Sudani is out there putting out the message the Iraqi dinar is a stronger currency, it needs to be restored.  They need to find a way to devalue the dollar […]

In my PMs, DMs, MMs and everything else everybody’s sending me the link to Nader’s video [See Guru Nader’s 2-1-2023 post below]…What gets me, people catch every other word.  They […]

The big problem is this.  A lot of these political people in Iraq are allies with Iran. That’s a huge problem for Iraq.  And because of this they do a […]

With the restrictions put on Iraq because of Iran it’s causing the devaluation of the Iraqi dinar.

The rumors are swelling away.  I got people telling me, ‘Hey did you hear the Prime Minister say that he was going to restore the exchange rate to its original […]

It’s starting to look like Iraq along with several other countries are in a serious currency crisis…

Let’s get back to Iraq because their currency is going to hell in a hand basket…Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for […]

Looks like Al-Sudani is fast stepping all kinds of projects to help them get away from relying so much on the oil revenue, which is something we’ve been waiting for […]

Article:  “What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?”  Having large amounts of reserves in gold strengthens your currency…why is the […]

Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22…there’s nothing out there that guarantees the rate at $3.22.  I say that […]

If you want to have a stronger exchange rate for your currency you need a very stable government.  You need a stable currency.  You need a stable economy and having […]

I was watching this video on the black markets over there in Iraq…They were highlighting a female…She takes hundreds of U.S. dollars and buys Iraqi dinars.  She’s buying them on […]

Article:  “Government movement to complete the requirements for Iraq’s accession to the World Trade Organization”  This is a biggie…this is going to affect their currency in a positive way because […]

Article:  “Dollar prices fall in Baghdad and Erbil”  This is the direction you want it to go into.  When you hear the dollar is falling against the dinar that’s what […]

Article:  “A new rise.. The exchange rate of the dollar is close to 160,000 dinars” 1,600 to 1 dollar is the wrong direction.  Nothing that I would be panicking about…[but] […]

A huge jump in the exchange rate, it’s not going to happen.  It’s going to be in increments.  At the very best you can hope for is that it gets […]