Clare – Dinar Guru Article: “Iraq is the first Arab country to buy gold” Quote: “Salih, confirmed on Monday that Iraq has become the Arab world’s leading buyer of gold. He also noted that Iraq is working to localize the gold and jewelry industry within the country by launching the Global Gold City project…This city is expected to bring about a qualitative shift in regulating the gold and jewelry trade in Iraq in accordance with international standards,“
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Militia Man
Militia Man – Dinar Guru When Iraq changed the value from 1450 to 1310, they just popped out and said, boom it’s done, no warning, they just did it effective immediately. They do it when they are going to do it. So, that’s why we are watching how far Iraq is, do they have all of their systems in place, electronic payments, cross border payments…it’s very complex.
Pimpy
Pimpy – Dinar Guru We need the Iraqi dinar to go get on the damn Forex. Once they’re on there, the restrictions will be removed.
Nader
Nader – Dinar Guru Iranians, I’m sure everybody heard about it already. They’re deleting 3 [4?] zeros from the currencies. That’s correct...Iraq is going to follow…That’s a great thing. It’s not bad…As soon as Iran delete the zeros Iraq is going to follow not even a week later…
Clare
Clare – Dinar Guru Article: “Iraq leads Arab countries in economic growth forecasts for 2026” Quote: “The World Bank forecast on Tuesday that the Iraqi economy will record the highest growth rate among Arab countries in 2026, at 6.7%, placing it first in the Arab world on the list of economic performances expected to grow next year.”
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “US military starts drawing down mission in Iraq” The Pentagon is pulling military personnel out of Iraq. The word on the street is ISIS would be unwise to test the Trump administration and have the US troop have to return to Iraq…Yet the news confirms Iran is expanding its shadow operations into Iraq. The United States has given Israel the green light to attack Iraqi militants. We don’t know for sure if Iraqi militants are Iranian citizens or Iraqi citizens. We just know they are Iran backed militants who live and operate in Iraq…I’m worried about Iraq.
Militia Man
Militia Man – Dinar Guru Remember, ‘delete the zeros’ off the currency as just a redenomination by itself without applying a real effective exchange rate is a wash. It’s basically like a reverse split in the stock market. You still have the same value. It’s not that good. But it has a psychological effect. It has ease of use effect. It has components that can have utility. But as far as value is concerned it doesn’t make a difference.
Pimpy
Pimpy – Dinar Guru Realistically in history of redenominations in which a country deleted zeros, it didn’t go quite the way you’re being told with Iraqi dinar. Nobody ever did a hike that high and left the zeros on. Never even once in history… That doesn’t mean Iraq might all of sudden become some special case and they go, ‘Hey…we’re going to leave the zeros on there. We’re going to change the exchange are to $3.22.’ We don’t know. Nobody knows...It usually doesn’t happen that way. I don’t want people to feel discouraged…just be aware that it might not happen the way things are going.
Nader
Nader – Dinar Guru Listen, if they didn’t care about this [RV] and they’re not going to do anything about it, they will not talk about it. They will not mention anything about it if it’s not important. Why a whole government …going to talk about something they’re not going to do anything about it? Would you do that? …Especially when they tell you it’s overrated. When it’s overrated at 3 or 4 to a dollar okay. But this is for 1310?
Mountain Goat
Mountain Goat – Dinar Guru We have to watch this process work it’s way out. We don’t need any knee-jerk reactions …the CBI is keeping the lid on this move. We must be patient and let it all play out. It is time and we have waiting for this event for so long but there are still steps to take to get what we want…
Militia Man
Militia Man – Dinar Guru When they do adjustments to currencies, Central Banks and the powers that be are very tight lipped about it and that’s why we don’t have a specific date and rate.
Clare
Clare – Dinar Guru Article: “In exchange for a second term, a politician reveals that Al-Sudani sent a delegation to Washington to normalize relations with Israel” Quote: “Al-Sudani sent a secret and unannounced government delegation to the United States of America to discuss an offer presented to Al-Sudani, which included recognition of the Zionist entity in exchange for a second term. This visit came to confirm Al-Sudani’s approval of the offer and to move forward with the stages of normalization according to the time frame set during the delegation’s meeting.”
Pimpy
Pimpy – Dinar Guru 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 of shenanigans that takes place. We need Al-Suani to get in there and get elected into office and do a full six years. That’s what we need.
Clare
Clare – Dinar Guru Article: “The Iranian parliament approves the deletion of four zeros from the national currency” Quote: “Members of Iran’s Islamic Consultative Assembly voted on Sunday on a bill amending the country’s monetary and banking law, approving the removal of four zeros from the national currency. The law stipulates that every 10,000 Iranian rials will be converted into one new rial, while retaining the name “rial” as the country’s official currency“
Sandy Ingram
Sandy Ingram – Dinar Guru We have millions of Iraqi dinar over here in the Western Hemisphere. The Untied States itself has billions of Iraqi dinars and so do other counties. This is an issue [overprinted dinar held in mattresses inside of Iraq] that will be solved but we have no idea when.
Militia Man
Militia Man – Dinar Gurfu Article: “Iranian Parliament approves the deletion of the 4 zeros from the national currency“. It’s about the Iranian parliament…This isn’t the first time we’ve heard this. Quote: “Converting 10,000 old rials to 1 new rial to simplify transactions amid hyperinflation and sanctions because it’s 900,000 rials to the dollar.” 900,000. Iraqi dinar is 1310. This isn’t Iraq’s path, but it shows regional currency reforms and efforts. Iraq is a totally different story. It has completely different circumstances. Definitely don’t compare the two like being one…Iran’s move addresses devaluation without a full revaluation. Iraq has 8% inflation in the first half of 2025 which is historically low…
Samson
Samson – Dinar Guru Article: “THE IRANIAN PARLIAMENT APPROVES THE DELETION OF FOUR ZEROS FROM THE NATIONAL CURRENCY“
Pimpy
Pimpy – Dinar Guru 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 exchange rate because then we get a whole lot more money back. But if they delete the zeros, your payday is not going to be as big as you hope it would have been.
Clare
Clare – Dinar Guru Article: “Washington warns Al-Sudani and bans him from UN meetings” Quote: “Washington…prevented Iraqi Prime Minister Mohammed Shia al-Sudani from attending UN meetings, amid threats of a US-Israeli strike against Popular Mobilization Forces (PMF) factions…A call between US Secretary of State Marco Rubio and al-Sudani prior to the UN General Assembly meetings revealed to him that there would be no agenda for him to work with US administration officials, due to the failure to take the measures he had agreed upon against Iranian-backed militias in Iraq.”
Mountain Goat
Mountain Goat – Dinar Guru Article: “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN ACCORDANCE WITH THE CONSTITUTION AND BUDGET.” The BEST part about this agreement is now the US Treasury can exchange our dinars for cheap oil credits, as planned, without sacrificing the entire Iraqi economy… You see there had to be this Oil and Gas agreement (HCL) first…Now you are going to see why it is so important to get this law in place…But remember too that the finalized law has not been submitted to parliament as of yet.
Pimpy
Pimpy – Dinar Guru 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 spending your foreign currency reserves is if you’re trying to protect your currency…or if they had no choice but to use that money…with any kind of defect their having with their budget…Their expenditures are actually lower than their income. They don’t have a deficit that I could see…We know they have to be averaging $84 per barrel of oil so I’m wondering if this is being used to counter that…
Militia Man
Militia Man – Dinar Guru Article: “PRIME MINISTER : NATIONAL GOLD RESERVES REPRESENT AN IMPORTANT PILLAR OF FINANCIAL STABILITY” Iraq’s is no slouch with their gold holdings of 162 tons of it. Today, gold is about $3,885 per ounce. That is stability and the worlds central banks are very aware of it. Just as they are aware of over $100 billion in reserves and likely climbing. They have increased non-oil revenues and will continue more quickly into the future. All of which supports their exchange rate. Add in they recorded .8% inflation a historic low. Iraq is ripe for a REER..imo There is confidence everywhere we look…
Sandy Ingram
Sandy Ingram – Dinar Guru The problem with the overprinting of the money is the Central Bank of Iraq for a long time has been trying to pull the bank notes, the Iraqi dinar, …into the bank and then destroying the currency because it’s just too much currency out there…The people are not putting their money in the bank. The bank notes are under mattresses hid in houses…Since the Central Bank of Iraq cannot get the cash to destroy the cash and put the people into the digital currency platform, we’re at a stalemate.
Pimpy
Pimpy – Dinar Guru 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 you see Maliki trying to oust Al-Sudani from office on more than one occasion including recently trying to help get him impeached because he’s not exactly lining up with what it is the coordinated framework wants. That’s how you know he’s doing a proper job for the people of Iraq.
Mountain Goat
Mountain Goat – Dinar Guru …so you heard lots of rumors about how the 2003 war will “pay for itself”…This is how the U.S. is going to pay for the war…using the oil credits.
Samson
Samson – Dinar Guru Article: “BAGHDAD’S SKIES ARE CROWDED WITH PLANES AND ITS GROUND IS A STAGE FOR CELEBRATION”
Pimpy
Pimpy – Diinar Guru 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 is what we want.
Militia Man
Militia Man – Dinar Guru You have an extension to a one day holiday with a long weekend attached to it. You can’t make this stuff up...Basically national day extended for a week… Sudani’s directive extends to manifestations of a celebration for a full week through October 10th…Article quote: “This is unusual and the standard is a single day off.” Adding that extra time is obviously a move on purpose…They’ll be able to have cultural shows, military parades. They’ll have sovereignty emphasis.
Clare
Clare – Dinar Guru Article 1: “Al-Sudani on National Day: We put Iraq first in all our regional and international endeavors” Article 2: “The Prime Minister directs that Iraqi National Day celebrations continue for a week“