Author Archives: The Dinar Observer
Tivon
Tivon – Dinar Guru …The dissolution by default will activate Al-Kazemi…He will officially hold all power to activate reforms at anytime he sees fit. So it doesn’t matter if he does it before or after the 15th…all banks will be ready … Continue reading
Nader
Nader – Dinar Guru The bank came out today with news. Says the reserve amount of dollars is $82 billion. This it says by the end of the years would be 95-99 but you’ll see it’s going to come out $100-110 billion. Then they … Continue reading
Militiaman
Militiaman – Dinar Guru …This weekend may see some very interesting things happen. Let pray they are in line with peace, security and stability to allow the them to give the best rewards to the people…
Samson
Samson – Dinar Guru Article: “The Central Bank: The cash reserve rose to 82 billion dollars“. Quote: “Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in … Continue reading
Tivon
Mountain Goat
Mountain Goat – Dinar Guru …Be patient, it is coming. I know for a FACT the CBI has been planning the change over of currency to the lower denoms for a long time. This will lead to the reinstatement. So hang in… I … Continue reading
Nader
Nader – Dinar Guru …Yesterday article where it says there’s no plan to float the Iraqi dinar. I disagree with him… they have no choice…The IMF are not gonna let him do that…These people want some money and for them to make … Continue reading
Tivon
Tivon – Dinar Guru Article: “Al-Sadr asks the judiciary to dissolve the Iraqi parliament and the President of the Republic to set a date for the elections” Al-Sadr – [I] didn’t hold him in high regard…But as you can see … Continue reading
Samson
Clare
Clare – Dinar Guru Article: “Government official: Iraq is not thinking of floating the currency at the moment” THIS IS A DISINFORMATION PIECE, IMO … THE OFFICIAL IS NOT EVEN NAMED… “The official, who asked not to be named,“
Sandy Ingram
Sandy Ingram – Dinar Guru Really good news – Article: “Iraq’s oil revenues during the first half of 2022 exceeded $60 bln” The country expects to increase oil exports by 2 million barrels per day in 2023. Iraq is doing it’s thing when … Continue reading
Pimpy
Pimpy – Dinar Guru Could civil war happen [In Iraq]? It looks like Sadr is pretty serious about what’s going on. Although he’s not said it outright he has made it perfectly clear that he’s ready to take things to the next … Continue reading
Kaperoni
Kaperoni – Dinar Guru There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading…When you read the actual article it says that they can’t float the currency without … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Government official: Iraq is not thinking of floating the currency at the moment” They’re sure doing a lot of talking about what they want to do with the Iraq dinar. If I didn’t know any … Continue reading
Tivon
Tivon – Dinar Guru Article: “Government official: Iraq is not thinking of floating the currency at the moment” The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru So, how many times must Iraq tell us that the only entity that has the power to change the currency exchange rate is within the coordination of the CBI and the Finance ministry. The cabinet DOES NOT … Continue reading
Pimpy
Pimpy – Dinar Guru All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 – all of that is bull crap…there’s no redemption centers, there’s no 800 numbers, there’s no … Continue reading
RVAlready
RVAlready – Dinar Guru Ignore their politics, focus on the RV. We were told that, at the end, Iraq would be blowing smoke. It looks to me like we are converging on the RV. Lots of bullshoot out there trying to convince us … Continue reading
Samson
Samson – Dinar Guru Article: “Erbil Municipality announces the paving of streets in the capital with a billion dinars“
Tivon
Tivon – Dinar Guru You all will have to be mindful of the fact that you hold currency that some bank tellers will be tempted to confiscate by telling you your money is inauthentic and keep it for themselves and … Continue reading
Tivon
Tivon – Dinar Guru …This type of money is too large for your average bank teller…there really is no reason to deal with them. Once in the bank ask for the manager. Inform him you have IQD and would like to … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Al-Kazemi’s advisor: The situation in Iraq will not affect the economy” That’s not true. That’s not true at all. The way their laws are set if there’s not a new budget for a year you continue down … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen … Continue reading
Tivon
Tivon – Dinar Guru …The CBI does not have to announce that they are Article 8. The only time we will know that is when we literally see the rate on the Forex.
Pimpy
Pimpy – Dinar Guru There’s still a stalemate going on but…there was a solution that I think is very interesting put forwardly Sadr. Article: “Al-Sadr proposes a “solution” to the political crisis: forming a government devoid of the Sadrists and “Malikis” … Continue reading
Jeff – Dinar Investor
Jeff – Dinar Investor Iraq pulled a fast one right under everyone of your noses…per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency. They’re telling you now they’re going to be rescheduling the elections … Continue reading
Samson
Samson – Dinar Guru Article: “The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament“
MilitiaMan
MilitiaMan – Dinar Guru Question: “I thought that PM K could dissolve parliament on his own, not needing any vote from Parliament…. Did I misunderstand..?” There was speculation that Kahdimi could use necessary powers to do so. However…there is a likelihood that … Continue reading
Humble1
Humble1 – Dinar Guru Community comment “They can’t do this on a program rate.” That is not an accurate statement, as they can do whatever they want inside of Iraq, as the dinar is used inside the country. What I think you mean … Continue reading
Humble1
Humble1 – Dinar Guru What makes the difference is not the exchange rate compared to other currencies, but the availability of ease of moving money in and out of the country and the ability to easily convert from one currency … Continue reading