Militia Man
Militia Man – Dinar Guru It’s like mirror mirror on the wall who’s telling the truth after all? …There’s some actor involved. Who’s telling the truth? …The key players…do tell the truth. The 3 biggest voices in Iraq…Sammy, Finance Minister, Alaq, the CBI governor and Saleh, the prime minister’s advisor. Those are the one I listen to…They’re feeding us information consistently. They’re setting the stage…It’s very powerful information…Sammy…Alaq…Saleh… are independent by law…But over the last 30 days they’ve been saying almost the exact same thing using different words…To me this is not an accident. This is the mirror we’ve been waiting for because they need to be in line with each other. They have to be independent but…on the same page.
Pimpy
Pimpy – Dinar Guru I want you to understand something. Once the zeros are removed, it’s not going to be 25,000 x $3.22 or $4.25. That’s not going to happen. The zeros are going to be deleted. Your 25,000 dinar now is 25 dinars x $3.22 or $4.25…I have 5,000,000 Iraqi dinars. After they delete the zeros, multiply that, let’s just say to be on the safe side, just use their $3.22, my 5,000,000 dinars is now worth $16,100. I’m not mad at that. I’ll take it. I know a lot of you think you’re going to be instant millionaires..
Mountain Goat
Mountain Goat – Dinar Guru On my Wednesday call to Iraq I was told that we should look for more directions from the CBI to the citizens on how to switch out their larger notes for the lower denominations. My CBI contact refused to give me an exact date as to when the switchout would occur but my common sense says it is VERY close as the CBI is going to publish the directions for the switchout. I was also told to watch for the Al-Sudani government and the completion of it. I was also reminded to watch for further information about the accession to the WTO, which I was reminded would be a signal to us…
Pimpy
Pimpy – Dinar Guru Be careful of all the articles out there that talk about the exchange rate. It’s okay to talk about them, it’s another thing to get overly hype for them. The truth of the matter is nobody’s going to know until the actual exchange rate comes out or until they get on the Forex. That’s when the truth will come out.
Militia Man
Militia Man – Dinar Guru The HCL…everybody thinks that we have to wait for that. I don’t believe that’s the case and here’s why. Governor Alaq has full legal power to change the exchange rate any single day he wants. There’s no vote required. Central Bank law number 56 of 2004, article 27 – The CBI board alone decides the rate. Parliament cannot stop him. He has already done it twice in 2021 and 2023. He can do it again tomorrow morning if he chooses...You don’t have to worry about parliament because [the hcl] is going to take place afterwards…once Alaq does a real effective exchange rate.
Sandy Ingram
Sandy Ingram – Dinar Guru The reason why Iraqi dinar investors may want to be more than concerned [about the next PM’s priorities] is the development road project is on the agenda. We want that to stay on the agenda because many of us are thinking once Iraq becomes an international trading hub they will have little choice about increasing the value of their currency…
Pimpy
Pimpy- Dinar Guru When I talk about lopping off the zeros, they’re talking about take it off the nominal rate [the numbers on the notes]... They’re not losing any purchasing power. 25,000 times the currency exchange rate .00076 equals $19. If you take the zeros off, and that includes the exchange rate, 25 times .76 is still $19. They haven’t lost any purchasing power whatsoever. The only thing that’s changed is the nominal value. The [numbers] on the currency is called a nominal value…They still have purchasing power whether it’s a 25 dinar or 25,000 dinar…because they take the 3 zeros off the currency and it comes off the exchange rate. That’s how they maintain their value.
Militia Man
Militia Man – Dinar Guru The need is to get the rate ready first and then pass the laws because it’s going to be cheaper for them to do so. When they pass these laws it is going to be far cheaper to the country of Iraq than they would be if they were today. In other words, the plan would be to make it cheaper, more stable, make the system work better for Iraq…The architects of this have been brilliant. I’m fascinated on how well they’ve done…The last 72 hours the elections have been done, banking rails are live, they’re making fuel at home, Gold and reserves are higher than advertised…BIS application filed and accepted for review…Things are working quietly in the background…Alaq has the legal button in his hands. Let’s hope he pushes it.
Pimpy
Pimpy – Dinar Guru Re-denomination is a process of changing the face value of banknotes, the face value. So a 25,000 dinar becomes a 25. A redenomination itself is considered symbolic as it does not have any impact on the country’s exchange rate. The zeros are removed but the purchasing power stays the same…Deletion of the zeros, removing of the zeros, lopping off the zeros, all the same thing. All they’re doing is change the way the bank notes look but the purchasing power stays the same.
Militia Man
Militia Man – Dinar Guru The word I’ve been using is hush. They’ve been very quiet about it. It’s kind of hush-hush. They have to do that and they’re doing a damn good job doing it…The baby of Iraq is no longer crawling. She’s about to stand up and take a walk. The entire picture is quick, fast and furious…It’s where we are. Iraq is integrating into the global financial system…Heavy rolls are coming…the tide is about to rise.
Nader
Nader – Dinar Guru December 8th something will come out…something will change. I’m excited about it…For now everything is quiet…nothing out there. We keep watching.
Sandy Ingram
Sandy Ingram – Dinar Guru The Bank for International Settlements is the place where the world’s biggest money decision makers comes together, mostly in secret, to keep the global economy safe, fair and working smoothly like a giant control room in the world’s money system. This is known for being neutral. It doesn’t take sides or belong to any one government, sort of like the Forex market.
Pimpy
Pimpy – Dinar Guru Just like I said, Al-Sudani is not the prime minister yet…I heard all kinds of [people] out there saying Pimpy doesn’t know what he’s talking about, al-Sudani already won the election. They obviously don’t understand how the elections roll over there in Iraq. First, you create a coalition and you try to win as many seats as possible during the election. Then, when you win, you try to form a block…and get other coalitions to join you…There’s a magic number they have to reach. When they reach that magical number they are the ones to form the government …Maliki is really good at this…Building the blocks is his specialty…No, Al-Sudani has not been appointed a second term yet…It’s a race.
Militia Man
Militia Man – Dinar Guru Iraq filed an official application in November 2025 to join the Bank for International Settlements…The BIS is the central bank of central banks…There’s 63 members including the United States Fed and the ECB, Europe’s central bank. Filing the application means every reserve number, banking rule and anti-money laundering system has
already been audited and approved by the BIS staff. That’s heavy. Observer status is the next step. Full membership follows.
Mountain Goat
Mountain Goat – Dinar Guru Article: “SUDANI COURTS TRUMP: I WILL VISIT WASHINGTON WITH 50 IRAQI BILLIONAIRES” Quote: “Mr. al-Sudani told The Times he would bring 50 Iraqi billionaires to Washington next month for an “Invest in America” conference, to show “harmony with President Trump’s course.” WOW! This is exactly the relationship we need to see between Iraq and the US. Choo-Choo the RV is on the train and coming down the tracks…Can you hear the whistle blowing?
Pimpy
Pimpy – Dinar Guru People have brought this to my attention… Article quote: “Floating the dinar could stabilize automatically and the value in the distant future between 3.22 and 4.25 dinars to the dollar” I had originally said I think that’s a typo only because 3.22 used to be the old exchange rate but that’s if it was the other way around, 1 dinar for $3.22…Let’s take a look at…3.22 dinars for $1. That means for every million that you have, divide by 3.22…I get $310,559…Or 4.25 gives me $235,294. You also have to take into the consideration the deletion of the zeros. I have 5 million dinars. Take the 3 zeros off, I now have 5,000 dinars…So they’re saying 3.22 or 4.24 dinars for every dollar…It comes out to $1,55.79…$1,176.47. Nobody likes that (scenario)… Remember the exchange rate right now is .00076, equals .76 after you take the zeros off. So my 5,000 would give me at least $3,800. But what you’re hoping to get is this – they take the zeros off [notes and exchange rate] fine I get $16,100 to $21,250. You’re not a millionaire but it’s better than nothing.
Clare
Clare – Dinar Guru Article: “Government advisor: Amending the Commercial Agency Law supports Iraq’s requirements for joining the World Trade Organization” Quote: “The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Sunday that the Cabinet’s approval of the draft law amending the Commercial Agency Regulation Law would support Iraq’s accession to the World Trade Organization and improve market efficiency by reducing prices and raising the quality of goods, as well as supporting investment and integration into the global economy.”
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “Sudani wins largest bloc in Iraqi elections but may still be blocked from second term by pro-Iran coalition” This means for the next few weeks or even months all the different political teams will be fighting among themselves making deals behind the scenes. Sudani’s future as prime minister depends on whether he can convince other teams to join him…
Pimpy
Pimpy – Dinar Guru [The dinar change] really depends on the outcome of this election. We need al-Sudani’s people to get the most blocks. But Maliki is tricky. He’s very good at what he does. His group of people have been in power for 20 years. If Maliki grabs power of Iraq again and they appoint a new prime minister, we’re screwed, we’re back to square one... Malki and his people cause most of the corruption in Iraq. Al-Sudani was taking them out of being corrupt, moving them forward and doing what was right for the Iraqi people. We need Al-Sudani to be in there for another term…
Kaperoni
Kaperoni – Dinar Guru Article 1: “Iraq is nearing full membership in the World Trade Organization.” Article 2: “Government approval of amendments to the Commercial Agencies Law to support joining the global trade system.“
Militia Man
Militia Man – Dinar Guru The strength of the Iraqi dinar is going to be very high…The country is going to be able to have an amazing economy when things become cheaper in dinar terms on a global stage…Low inflation rate and high reserves and high gold holdings as reserves is phenomenal. They’ve done all the right things.
Samson
Pimpy
Pimpy – Dinar Guru Al-Sudani is very close to being the PM for a second term. His group won the election but remember you have to form bigger groups with other blocks inside parliament. In order for al-Sudani to be prime minister again he’s got to form the biggest block. Having said that, this is when Maliki is at his best, right in this situation. He always finds a way to get the most blocks and stay in power. Let’s hope that doesn’t happen.
Mountain Goat
Mountain Goat – Dinar Guru Article: “AFP: SUDANI COALITION ACHIEVES MAJOR VICTORY IN IRAQI ELECTIONS” ...the
coalition of Iraqi Prime Minister Mohammed Shia al-Sudani achieved a major victory in the parliamentary elections held on Tuesday. All I can say is THANK GOD Al-Sudani is going to have a second term…We needed to see a stable government for our January reinstatement. Since these two events are so close, a bad election would certainly have postponed what we are looking for. Let’s keep praying. nothing goes wrong.
Sandy Ingram
Sandy Ingram – Dinar Guru The BIS (Bank of International Settlements), this is the big dog. It’s the bank of banks. It’s the bank of all central banks. It’s the central bank that is the head honcho for central banks around the world. They have 63 members of the most financial enable banks in the world…Is this the invisible monster that controls what happens to the currencies of smaller countries around the world including Iraq? …These 63 central banks represent about 95% of the world’s total GDP. Meaning the entire global economy is connected to the BIS in some way…The Middle East is almost completely left out of the members bank’s enrollment. You have to ask yourself, what effect would this have on Iraq’s currency readjustment?
Pimpy
Pimpy – Dinar Guru People are confusing nominal value and exchange rate. There’s a difference between what an exchange rate is and what the nominal rate is. The nominal value is the amount on your bank note. The exchange rate is what you get to exchange your currency for another country’s currency…
Militia Man
Militia Man – Dinar Guru Joining the Bank International Settlements would be a really big move. But are they going to really do that at 1310? Highly likely not.
Kaperoni
Nader
Nader – Dinar Guru You’re going to see a lot of article the next couple of weeks. You’re going to see some things crazy like you never heard all of it before – removing this, doing that, removing only this. It’s all B.S. They just want to get people far away from it. They don’t want you guys to know how many zeros they’re going to delete.