Author Archives: The Dinar Observer

Kaperoni – Dinar Guru  Iraq is in no position to change the exchange rate at this time…Iraq needs to diversify away from oil, create a private sector market economy where they manufacture, have agriculture, etc. To support their own economy.  Until … Continue reading →

Samson – Dinar Guru   Article:  “American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport”  Quote: “the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every … Continue reading →

MilitiaMan – Dinar Guru  We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq’s oil revenues. Add in … Continue reading →

Clare – Dinar Guru  Article:   “After reaching international forums, the Iraqi company TNFX obtains a global license” Quote:  “The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies”  … Continue reading →

Samson – Dinar Guru  Article “Iraq is the largest buyer of gold for the second quarter of this year”   Quote  “The World Gold Council announced today, Saturday, that Iraq was the world’s largest buyer of gold during the second quarter of … Continue reading →

Mountain Goat – Dinar Guru   But as inflation rises with their devaluation of the dinar since 2020, these too come almost worthless in Iraq …Gold is going to sky rocket since all countries are going to go back to … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Ports announce the completion of their electronic procedures for exempted goods”   The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill … Continue reading →

Michael Cottrell – Dinar Guru  I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.

Samson – Dinar Guru   Article:  “The Central Bank announces the achievement of the largest cash reserve in its history”   Quote:  “The Central Bank’s reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq’s reserves … Continue reading →

Militiaman – Dinar Guru  Article:  “Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money”  There has already been allocations of large sums of money to print new currency issuance and it has been … Continue reading →

Kaperoni – Dinar Guru   There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note.

NORV – Dinar Guru    The good news is they are not going to implement delete zeros…”there was a proposal to delete the zeros from the dinar, but it was not implemented.”  The dinar is getting stronger and the very … Continue reading →

Mountain Goat – Dinar Guru  Article:  “IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS”  Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of … Continue reading →

Samson – Dinar Guru   Article:   “Karbala Refinery.. Unprecedented Iraqi oil production reduces 70% of gasoline imports”  Quote: “the Karbala refinery, which opened yesterday, will reduce Iraq’s import of gasoline by 70%, while they indicated that the completion of the … Continue reading →

Kaperoni – Dinar Guru  Yes, Iraq will float the dinar but it won’t float until they diversify away from oil and create a private sector market economy and begin to prosper. BGG ~ Why would they do such a thing?!? They … Continue reading →

MilitiaMan – Dinar Guru   We are waiting on a calm atmosphere. Today’s vote of confidence for Halbousi may have been just the calm we needed…The CBI too, can calm markets. That is a part of their job. To delete the three zeros from … Continue reading →

Samson – Dinar Guru  Article:  “The Sovereignty Alliance congratulates the renewal of confidence in Muhammad Al-Halbousi as Speaker of Parliament“  Quote:  “The renewal of confidence in Mr. Al-Halbousi represents a true expression of the state of national consensus to move … Continue reading →

Mountain Goat – Dinar Guru   What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX.   Kazemi is … Continue reading →

Samson – Dinar Guru  Article “Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years”  Quote “The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed…the banking sector in Iraq is looking forward to increasing … Continue reading →

Samson – Dinar Guru  Article:  “The Central Bank intends to issue a banknote of 20 thousand dinars”  Quote:  “there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to … Continue reading →

Mountain Goat – Dinar Guru  …There has to be some good news…right?  “When the CBI talks I listen” and they have been talking a lot about the dinar as of lately.  So, just recently the Central Bank talks about the possibility of … Continue reading →

Mountain Goat – Dinar Guru  There is talk that this new note may not happen under pressure by the IMF and to complete the project to delete the zeros instead and issue the lower denominations we are looking for. Once again in … Continue reading →

Samson – Dinar Guru  Article:  “An economist explains how to control the currency sale auction”  Quote:  “the currency sale auction can be controlled through the government’s move towards equalizing the value of the dinar with the dollar or making it … Continue reading →

Breitling – Dinar Guru   So where people are getting these negative vibes about Iraq – 1.  You’re wrong.  2.   You’re probably attaching it to, “I should be driving a Ferrari right now.”  Don’t do that because you’re clouding your judgement … Continue reading →

Sandy Ingram – Dinar Guru  Article:  “Iraqi Prime Minister meets with European leaders”  Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors…

Pimpy – Dinar Guru  Article: “Iran: Iraq will turn into the larger economic market in the region during the next decade”  Iraq is the gateway into the Middle East…you can go right into Iraq and it’s central to all the other … Continue reading →

Sandy Ingram – Dinar Guru  Article:  “Iraqi Prime Minister meets with European leaders”  Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors…

Samson – Dinar Guru   Article:  “Al-Kazemi arrives in Baghdad from New York”  Quote:  “On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of … Continue reading →

Samson – Dinar Guru  Article:   “Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq”  Quote:  The Iraqi ambassador in Berlin “…but there are considerations…He added, The first of these considerations is the security situation, which the … Continue reading →

tlm724 – Dinar Guru  Article:  “Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision”  Quote:   “Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision … Continue reading →