Mountain Goat – Dinar Guru  Article:  “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.”  As investors we have…been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005…One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session… A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.

TheDinarExchange.com

$995 Dinar Sale!!

Iraqi Dinar on Sale – $995 per million (shipped). Free FedEx shipping included (CONUS only). If you would like to place an order, please call 615-509-6256 (or text) or e-mail us at DinarUpdates@icloud.com

Samson – Dinar Guru  Article:  “Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened.“

Kaperoni – Dinar Guru   Article:  “Al-Sudani: Iraq is witnessing political, security, and social stability and an economic renaissance.”

Militia Man – Dinar Guru  You’re seeing blow-back, not wanting Iraq to go international because the cash cow is drying up, just like the dollar auctions drying up, smuggling currencies…oil, everything…If you read the news…you got to know who’s talking and what’s their agenda.  There’s a lot of influences from the neighbor that doesn’t want this to happen.  They want to throw a wrench.  They put out fake news.  They put out negative news.  They make people nervous…scared…have doubt…If you look at the other side of the coin it’s all positive.  Why?  Because $88 billion has come across the borders…to take advantage of the security and stability and sustainability that Iraq has and all that Sudani has done.

Samson – Dinar Guru  Article: “In an interview with an American media. Al-Sudani: Iraq is currently going through its best since the establishment of the Iraqi state“

Mountain Goat – Dinar Guru   Article:  “FOREIGN MINISTER: IRAQ IS COMMITTED TO PRESERVING ITS NATIONAL SOVEREIGNTY,”
…To me Iraq will not be free until they obtain the full DFI funds and are able to reinvest this money as they desire, such as in sovereign funds. The option to get off the petro-dollar may not happen until president Trump can get the US off the oil backed dollar and back to the gold standard. We can see this now occurring soon. Also Iraq will need their currency returned to them and traded on a global scale. Remember this is the road to the RV.

Sandy Ingram – Dinar Guru  Iraq and the United States are working closely behind closed doors.  Behind closed doors the United States, IMF and World Bank have a lot to do with the timing of the float of the Iraqi dinar and Iraq’s release from the shadow sanctions.

Pimpy – Dinar Guru   The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq…Sudani seems to be getting everything back on track.  Keep your fingers crossed that no more things come in and interfere with the rebuilding of Iraq.  Then you can start to see it, slowly but surely, rebuilding the value of its currency.  Having a ton of foreign currency reserves helps.  Having a ton of gold helps as well.

Clare – Dinar Guru Article: “Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened” PROPAGANDA COMING FROM MALIKI’s State of Law Coalition IMO.

Samson – Dinar Guru  Article: “A representative reveals the reason for the government’s withdrawal of tax funds: The US Federal Reserve has stopped transferring funds to Iraq.”

Militia Man – Dinar Guru  Iraq is going to go to a global level and I think we all realize they haven’t done it at 1310 to 1 US dollar.  They’re going to have a real effective exchange rate that has freedom of capital movement across borders…Iraq is ready to go.  They’re just now openly talking about it…I hope you guys are excited as I am.

Mountain Goat – Dinar Guru  “THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES” The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national currency…

Militia Man – Dinar Guru  If Iraq is going to make an adjustment to her exchange rate it’s going to have an impact on her neighbors.  They’re going to need to know what’s going on.  

Samson – Dinar Guru  Article: “Import Control Authority: A significant rise in non-oil revenues during the Sudanese government“

Militia Man – Dinar Guru  Article: “Iraq is in a prosperous era despite the difficulties or the international economy”  Saleh confirms…the inflation index remained below 4% per year…In my view the data shows the Central Bank of Iraq has done a very good job with their reform program keeping inflation low which is a good component that does support if they have a revaluation of their currency.  It is a component of that process.  There’s confidence.  This is a testimony of it.  Iraq has that security and stability that we’ve been talking about.

Mountain Goat – Dinar Guru   Article:  “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS.”  This news is of course fantastic news, as it is showing us that Iraq is slowly getting back to normalcy and the final nail on the currency platform is done. We must think of why the currency auction was set up in the first place and know it had to entirely end someday. I believe this day is coming in June and this article in the news now shows us more proof of this effort.

Militia Man – Dinar Guru  Article quote: “Non-oil imports rose significantly during the government of Muhammad Sudani including long-term investment revenues…”   Sudani has increased the non-oil revenues since he’s been in office…Realize Iraq’s original valuation was primarily based off oil.  Now they have non-oil resources.  They’re really going to be able to support a real effective exchange rate as far as I can see…

Pimpy – Dinar Guru  Be careful…You’re not going to see the Iraqi dinar be above $5 per dinar.  You’re not going to see the Iraqi dinar at $4 per dinar.  You’re not even going to see the Iraqi dinar at $3 or more per dinar.  Iraq’s a country that’s getting their crap together.  They’re well on the way of doing so but they’re not quite there yet.  They have a long ways to go…

Sandy Ingram – Dinar Guru  In response to currency pressures the State Bank of Vietnam or SBV has adopted a flexible monetary policy to maintain economic stability.  The central bank has intervened in the foreign exchange market by selling foreign currencies managing liquidity…Additionally the SBV has shifted from a fixed to a floating exchange rate mechanism allowing the dong to fluctuate within a controlled range to better absorb external shocks.  We can only hope the IQD will join the float option sooner rather than later.

Fnu Lnu – Dinar Guru   It is a time of uncertainty in the Middle East, so business continues to move forward for Iraq. Iraq is doing better than most all of their neighbors but to speculate that the RV/RI is at hand is a bridge too far. In all my research of late, there is no official position or stage of the RV being mentioned. There are still large upgrades happening within the banking sector and GOI and stability is all they talk about in everything I have read. We simply aren’t there yet!

 Clare – Dinar Guru  Article: “Government advisor: Linking national banks with their American counterparts provides a means for economic stability.”  Quote:  “Salih, confirmed on Wednesday…the Central Bank of Iraq’s efforts to link national banks with major banks and financial institutions in the United States, with more than one bank that enjoys international standing, is an important means of providing economic stability and improving the investment, trade, and development climate in our country...“

Militia Man – Dinar Guru  What if they tell you it’s going to go tomorrow?  If you knew that and you could still buy currency you could front-run.  Market’s don’t work that way.

Mountain Goat – Dina Guru  …Iraq is excited and so should we be… the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.

Clare – Dinar Guru  Article: “Trump: A nuclear agreement with Iran is close, and negotiations are progressing positively.” Quote:  ” ‘I think we’re moving very well on reaching a deal with Iran,’ Trump told reporters in the Oval Office. ‘There’s a deal on the way, and we may see a very good resolution. It will save a lot of lives.’ “

Militia Man – Dinar Guru  It’s highly likely Iraq would not ever have accession [into the WTO] without having a real effective exchange rate with an international compliant currency.  I just don’t see that ever happening because if they were going to do that they would have already have done it but they haven’t yet.  That is a key component.

Militia Man – Dinar Guru   Article quote:  “The World Gold Council announced Iraq would rank 28th globally and 4th in the Arab world in gold purchases and reserves in 2025.  This confirms the central bank is proceeding steadily to achieve the objectives of monetary policy and reducing inflation, controlling the general price level, controlling the money supply, maintaining the dinar exchange rate within the target rate for the public and continuously monitoring and analyzing the interest rate set by the central bank…”  Iraq is clearly doing the things right…Whether she’s at 1310 today or a new fresh real effective exchange rate, she has the tools used now that will do the same in the future…

Pimpy – Dinar Guru  I have 5 million dinars.  Obviously if they delete the zeros that now becomes 5,000 dinars. If they do reinstate the rate that give me $15,000.  I don’t think I paid $2,000 for all my dinar…For me that would just be ‘play money’…Take that $15,000 to Vegas would do me good…

Sandy Ingram – Dinar Guru  One thing is for sure, with Iraq’s announcement of its $16 trillion natural resources, Iraq is holding its own.  Sooner rather than later we will all understand that Iraq’s currency will become more valuable.  They are playing with the big boys now…

Fnu Lnu – Dinar Guru  A current article from the WTO website shows us where Iraq is in the accession plans lie.  Basically there are two main issues now.  Article:  “The Chair invited Iraq and WTO members to intensify bilateral negotiations on market access”  this process is nowhere near completion with meetings scheduled well into the Summer and most likely thereafter.  Accession to the WTO is another event that has been tied to the RV when there is no real reason for such a speculation or analysis.  If that is what you think we are waiting for, then settle back and wait until summer is over and I’ll update again after the roundtable meetings.