pimpy

 Iraq is doing very good to keep things stable…Al-Sudani has done a really good job but I’m really concerned about the election that’s coming up just because there’s always some kind […]

What is a redenomination?  It’s when they change the whole look of their currency.  Like I said, cross your fingers, we’d hope they don’t remove the three zeros and they change the […]

Article:   “Iraq’s gold reserves increase by 10 tons and its currency reserves decreased by $8 billion”  You don’t want it to decrease.  You need it to increase.  The only reason you’d be […]

I know people think Sudani is the bad guy, but that’s not true…Al-Sudani used to be a protege of Maliki of the coordination framework.  But since Al-Sudani has become the prime minister […]

Yes this step is good.  They’re not on exotic currency list no more.  That means the currency is now stable and has the ability to be traded on Forex, which […]

A redenomination is the changing of the image on the bank note.

Stability is what we’re looking for in Iraq and so far they seem to be well on track.  Al-Sudani has managed to keep them from conflict which is really good for […]

  Article: “US dollar exchange rate continues to fall in Iraq”  A lot of times when people read these articles they don’t understand what they mean.  They get them mixed up between […]

 Article: “All-out war: Al-Maliki bloc launches scathing attack on PM Al-Sudani’s flawed  government”  Al-Sudani is not the bad guy…I know you’re being told he might be the bad guy.  He’s not. […]

Article:   “Central Bank:  We have convenient foreign reserves capable of defending the exchange rate”   That’s outstanding.  Let’s say for some reason if the exchange rate starts to shoot up too fast and […]

This is a good thing that’s happening…You should be very happy about it.  It is Iraq is putting on their big boy pants for the moment.  What do we have here?  They’re […]

    Community comment:  “I think Sudani is corrupt, sorry.  I think he’s been holding this back the whole time.  There’s an article that says he’s rushing the parliament.  He’s rushing the COM […]

  Yes, they’ve been removed off the exotic currency list, but the one to pay closer attention to is the US currency monitoring list. This is the list they’re checking for currency […]

When the Iraqi dinar is freely floating on the Forex, that means all restrictions should be removed and that includes here in the United States.  If it’s free floating on the […]

Community comment: “Iraq was removed from the exotic currency list.”  Now this is worth really paying attention to…If you’re going to get removed off the exotic currency list, this signals to […]

They are talking about the deletion of the zeros quite often.  Will they do it?  I don’t know.   None of us know.

  When it comes to the Iraqi dinar, if we’re all going to be millionaires like we’re all hoping you need those zeros to stay on and you need the exchange rate […]

  There’s no appointments.  There’s nothing like that…You don’t have to talk to no wealth manager unless you want to.

If they delete the zeros [off the notes], they will definitely take it off the exchange rate as well, which means we start right out the gate with a 76 cents […]

You don’t need to set an appointment at a bank.  When the time comes and they remove the restrictions you just walk into the bank and swap.  They’re going to tell […]

Let’s cross our fingers that when they do the revaluation that they leave the dang zeros on there.  People have this misunderstanding I want the Iraqi dinar to delete the […]

I’m crossing my fingers for it to happen the way we all hope it happens and they leave the zeros on there and we walk away with a pretty good […]

People ask me all the time, ‘Pimpy, where are we at?‘  I know there’s people out there keep saying, we’re closer than you think.  But it’s not true.  There’s nothing out there […]

If al-Sudani does not win this election coming up, this would just be further delays and further crap we got to go through over in Iraq.

Sitting around planning for oil prices to go up is not even an option no more.  I told you when Trump got back in office, we’re not going to be buying […]

Once you’re ready to take your currency in, you found an exchange you like, everything goes the way you want it to, you just go deposit it directly into your bank […]

You cannot negotiate the exchange rate.  It’s going to be whatever the exchange rate shows on Forex…If you have a bank account at that bank [you’re talking to], they’ll exchange […]