Author Archives: The Dinar Observer

Samson – Dinar Guru  Article “Al-Maliki flirts with Al-Sadr and offers cooperation”

Sandy Ingram – Dinar Guru   Iraqi law stipulates that when lawmakers resign from parliament their seats are to be distributed to the runner-up parties.  What this means is Iran ‘s Sunni influence in Iraq will likely grow considerably.  This may not … Continue reading →

Tivon – Dinar Guru  …All the EFSL is waiting on  is the signature of Presidency Saleh. Not something still pending like the Gov formation…Al-Zamili said last week in a statement, (6 June 2022), that “this law is among the most important laws … Continue reading →

Pimpy – Dinar Guru   Sadr knows what he’s doing.  He absolutely knew by resigning was going to cause all kinds of issues for the Coordinating Framework…there’s a problem, they’re still trying to figure out how to get Sadr back along with … Continue reading →

MilitiaMan – Dinar Guru   Article: “Maysani issues a book documenting Iraqi stamps and coins”  Timing if this being exposed is not by coincidence, imo. They’ll likely once they re issue a new exchange rate will have a need for coins, thus, … Continue reading →

Militiaman – Dinar Guru  The Central Bank of Iraq has shown to the Central Bank of England new currency with a need for smaller increments to make change. That is in that they showed them the NSCNs…Then we saw the ATMs … Continue reading →

Mountain Goat – Dinar Guru   …After my conversation with…my contact in the Central Bank of Iraq (CBI)… I still firmly believe that this is the year to see the reinstatement of the Iraqi dinar. I was told the target is still by end … Continue reading →

Militiaman – Dinar Guru  Article:  “Extensive praises to the Customs Authority after implementing the ‘Automation’ system”  The borders are ready for the CBI to show case the rate…Imo We are in a worldly place now…

Samson – Dinar Guru  Article:  “The World Bank warns of the impact of the delay in forming the government and approving the budget on the growth of Iraq’s economy“

Nader – Dinar Guru  I’ve been reading a lot, ‘my opinion’, ‘my experience’, ‘my…’ Nobody has an opinion in this, nobody has ‘experience’ of this besides the CBI.  The CBI knows everything…it’s not the IMF.  It’s not the World Bank who’s … Continue reading →

Sandy Ingram – Dinar Guru  Article:  “Iraq’s oil revenues rose to 11.4 billion dollars in May”  We were so busy with Iraq’s government gridlock that we did not acknowledge oil revenue for May.  Iraq’s oil financial revenues in May of 2022 were … Continue reading →

Tivon – Dinar Guru  The 2022 General Budget…is for “New Projects”. The Food Security Law” is for stalled ongoing projects that was never spent in the 2021 Budget…That’s why they also stated that the 2021 budget was supposed to raise the … Continue reading →

Pimpy – Dinar Guru  Here’s the deal.  They offered Sadr to come back into the government.  They encouraged him and his deputies to come back into the government.  Sadr turned them down…the word is he has turned them down.  It’s a no.  … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE WORLD BANK: THE GROWTH OF IRAQ’S ECONOMY IS LINKED TO THE FORMATION OF THE GOVERNMENT AND THE APPROVAL OF THE BUDGET”   a report issued by the World Bank, on Wednesday, warned of the impact … Continue reading →

Mountain Goat – Dinar Guru   Quote:  “Iraq has a unique opportunity to undertake urgent and wide-ranging structural reforms”. We know that many of these reforms to completion in the White Paper can not occur without the one reform we all want … Continue reading →

Tivon – Dinar Guru  Article:   “World Bank: Iran’s economy is the fastest growing in the world”  Remember what Iran announced…They want to introduce their currency on the exchange markets.  Why did they announce this before Iraq?  Iraq has the oil contracts… This surprised … Continue reading →

Samson – Dinar Guru  Article: “World Bank: Iran ‘s economy is the fastest growing in the world”. Quote “The World Bank announced that the annual growth rate of the Iranian economy this year has reached three and seven percent, which will constitute … Continue reading →

Tivon – Dinar Guru  If they said the 2021 Budget…was supposed to “Raise The Value of The Dinar” and that they will empty the 2021 Budget and put all the money in the “Food Security Law” what do you think the … Continue reading →

Nader – Dinar Guru  Article:  “Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to reply its DN Series ATMs in Iraq”   Everybody’s talking about the new ATMs.  They’ve been installed, yes.  Yesterday morning I was at the … Continue reading →

Sandy Ingram – Dinar Guru  Article:  “Nearly $700m Stolen From Iraq State Banks” …A total of 926 billion Iraqi dinars equaling $697 million U.S. dollars went missing due to forgery, embezzlement, manipulation, money laundering and abuse of position…yes, people are going … Continue reading →

Tivon – Dinar Guru   Iran just told everyone what they are about to do with their currency. You think Iraq will just sit idly by while the Iranian Rial is performing in the currency market appreciating in value without reinstating … Continue reading →

Pimpy – Dinar Guru  You can literally call your local bank or get a hold of any bank that handles exchanging of currency…They can answer any question.  Don’t bring up the Iraqi dinar.  They’ll just say they don’t do any buying or … Continue reading →

Pimpy – Dinar Guru They’ll tell you, ‘Well, we’ll find out what the exchange rate is.  You come in buy x amount of dollars of it, you give us the US dollars, we’ll give you the foreign currency and when you … Continue reading →

Tivon – Dinar Guru  Question: “totally confused so if no budget needs to be approved! When will the rate change?”  FSL is acting as a budget (Financially) until one is approved …They do not need the budget to allocate any … Continue reading →

Pimpy – Dinar Guru  …Sadr resigned.  Him and all his deputies…What does this means for Iraq? …I really felt Sadr was going to win in this game of chicken…all I know is there are a lot of corrupt people in … Continue reading →

Militiaman – Dinar Guru   We are so seeing the Monetary Reforms on Steroids. The best is yet to come and IMO it is coming without delay now.

Samson – Dinar Guru  Article:  “American Airlines resumes flying in Iraqi airspace”

Tivon – Dinar Guru  Question: “Sadrists resigning their positions in parliament…isn’t that a bad thing for us as investors?”  Al-Sadr, done his job. He got the Criminalizing Normalization Law done. He got the “Emergency Food Security Law” done. He got the … Continue reading →

Tivon – Dinar Guru   …Train yourself to focus on pertinent things that help you understand your investment. Al-Sadr is not one of them at this stage. If he went missing never to return for whatever reason would not make one … Continue reading →

Kaperoni – Dinar Guru  Within a month or so the IMF will release the latest Article IV Consultation with Iraq which was completed last month and will give us an update on monetary policy.