pimpy

Understand the central bank is its own entity.  It’s separate than Iraqi government and they’re the ones that actually determine what the exchange rate is going to be.  If for […]

We’re just waiting for the new government to be formed and we’ll see what happens from there…

If you remember there was an article, it was expected that Iraq would lock in the rate that we have now 1450 dinars for every $1…for five years.  With this […]

What does this [new GOI] mean for the exchange rate? …Maliki is most likely to be nominated to Vice President but…They’re gonna find a way to maneuver him into the […]

I know everybody wants some big huge increases [in the dinar rate]…you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar.  Their foreign reserves […]

I know everybody wants some big huge increases [in the dinar rate]…you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar.  Their foreign reserves […]

Yes I see they’re talking about a rate change happening.  No I don’t think it’s going to be $18.  No I don’t even think it’s gonna be $3.  The first […]

There’s a lot of excitement inside the dinar community.  All kinds of exaggeration on rate changes…Let’s be honest.  There is talk of a rate change but how much, no body […]

It doesn’t appear that Sadr is upset with what’s going on so we shouldn’t hear anything from him or his people and it looks definitely like Iraq is on its […]

Article: “A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange”  …When they say reduce the dollar what they’re talking about is reduce […]

Article:  “A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange”   This is the article that everybody’s going crazy over…Maliki allegedly stole a […]

[Abdul Latin Rashi & Muhammed Al-Sudani]  That’s your new president of the Republic of Iraq and the new prime minister. For some strange reason the United States is tickled pink […]

[Abdul Latin Rashi & Muhammed Al-Sudani]  That’s your new president of the Republic of Iraq and the new prime minister. For some strange reason the United States is tickled pink […]

If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments […]

If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments […]

Article:  “Does the issuance of the new category contribute to the increase in inflation?”  Of course it does…It’s not a good thing that they want to do this [print a […]

Article:  “Does the issuance of the new category contribute to the increase in inflation?”  Of course it does…It’s not a good thing that they want to do this [print a […]

There’s absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar.  None…

These guys wanted to create a 20K dinar.  Think about the value of the dinar.  If it was going to change to $3.22, $1.50 or even a $1 there wouldn’t […]

Here’s the article that’s the big talk of the town.  Everybody’s talking about the 20k dinar Article:  “20 thousand dinars…the new category under the lens of experts, negative and positive” […]

There’s always a possibility that they change the rate contrary to what needs to be done before a rate change should happen…

There’s always a possibility that they change the rate contrary to what needs to be done before a rate change should happen…

Article:  “Iraq is the largest buyer of gold for the second quarter of this year”  Congratulations to Iraq.

Article “Central Bank reserves exceed the ceiling of 87 billion dollars”  When it comes to talking about changing the Iraqi exchange rate this of course contributes to it in a […]

The rumor is they’re going to raise the exchange rate of the Iraqi dinar to help settle the problems over there.  No they’re not.  There is no such report whatsoever.  […]

Question:  “We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done […]

Question:  “We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done […]

As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it.  Currently with what’s going on around […]

As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it.  Currently with what’s going on around […]

Until this issue with the political parties is resolved…The president and the prime minister are selected and the government is formed you’re not going to see any changes to the […]