Pimpy

  In Pimpy

All those gurus out there making the claim that because of the amount of oil they have, ‘Oh, my God, they’re going to be reinstated.  The Iraqi dinar is going be extremely valuable. Pimpy doesn’t know what he’s talking about.’  What did I say?  I say, stay grounded.  That’s not true.  Not true at all.  There are other hurdles Iraq has to go through in order
for the exchange rate to increase in value.  I said this a million times, Iraq relies too much on oil to fund their government so it’s not going to go up just because they got tons of oil.