Author Archives: The Dinar Observer

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.

Breitling – Dinar Guru   Question:  “Are you still looking at a rate of .50 to .60 cents or has that changed with everything that’s changed in the world?”  I haven’t heard anything outside of that.  50 to 60 cent range and then … Continue reading →

BGG – Article:  “Al-Maliki’s Coalition: The Food Security Law Is Unconstitutional And Is Nothing More Than A Dead Letter”   Kinda’ curious how Maliki’s gang is sooooo spun up about this “Law”. When was the last time you heard these crooks complaining about … Continue reading →

Militiaman – Dinar Guru  Article:   “The Governor of the Central Bank inspects the work of a number of private banks”  Those Private Bank inspections are to make sure all is ready for that launching of something special for the citizens.. … Continue reading →

Tivon – Dinar Guru  Article: “A Legal Review Of The Pros And Cons of The Food Security Law”   Quote:  “Al-Tamimi said that it “will be implemented when it is published in the official Gazette and when it is approved by the President … Continue reading →

Kaperoni – Dinar Guru   …The new food security law has no new exchange rate…There is no discussion at this time in Iraq about a new currency,..there is no new currency or small denominations coming out in the near future…

Pimpy – Dinar Guru    Article: “NATO to Al-Kazemi: Iraq is a pivotal country in the region and the world”   We know that there are many countries that are eyeballing Iraq…they are the gateway to the Middle East.  There are a lot … Continue reading →

Tivon – Dinar Guru   Bottom Line. The FSL is working…Citizens Entitlements was apart of the package. And we already know what comes with that.   All of this being done without a seated government or 2022 budget. So how important is it really to … Continue reading →

Mountain Goat – Dinar Guru   On Wednesday, the Iraqi parliament approved the “Emergency Support for Food Security and Development” law…Folks, this law has very little significance on the project to delete the zeros and the reinstatement…I can tell you … Continue reading →

Clare – Dinar Guru  Article:  “The Governor of the Central Bank inspects the work of a number of private banks”   EXCELLENT!!!… GETTING THINGS READY IMO

Tivon – Dinar Guru  The HCL/Oil & Gas is the bottom line for everything that will fuel their economy…they can go this entire year if they wanted (Doubt They Do) without budget simply because “Purchasing Power” by default will come from … Continue reading →

Militiaman – Dinar Guru  …Cat is out of the bag.. It has been now for about two weeks…They gift the Bank of England what looks to be like the NSCNs…This presentation is an epic one. It shows…the world that Iraq … Continue reading →

Pimpy – Dinar Guru   Article: “The Iraqi parliament votes on the “Food Security” law and enters its legislative recess” …As ambitious as this sounds are they able to do this considering the Supreme Court continues to interfere with the government’s … Continue reading →

Militiaman – Dinar Guru  they voted on the FSL and passed it and they apparently stated they were to place sums into accounts awaiting a mechanism to distribute amounts allocated once passed…the ball is in motion and nothing is stopping it.. … Continue reading →

Tivon – Dinar Guru  Article Quote:    “Quote: The First Deputy Speaker of the House of Representatives Hakim Al-Zamili, on Wednesday, blessed the Iraqi people to vote on the “Emergency Support for Food Security” law,”   let’s allow this guy to do … Continue reading →

Samson – Dinar Guru   Article:   “World Gold: Iraq ranked 40th, with 96.4 tons of yellow metal”  Quote: “Iraq has maintained its global position, indicating that its gold reserves represent 9.2% of the rest of its other reserves.”

Mountain Goat – Dinar Guru   The QMF system still maintains a $6+ IQD rate. Just remember they can still change the rate prior to going live and us going to the bank. We know they tend to run the … Continue reading →

CharlieOK – Dinar Guru  Article:  “Iraq’s parliament passes emergency food bill”   So, in the context of history, Sadr’s brilliant strategy has paid off. The MAJORITY of Parliament voted today to enact a Food Law.  For it to be reported that the so … Continue reading →

MilitiaMan – Dinar Guru  …Indeed all are awaiting the sum of the new exchange rate that will populate the CBIs spread sheet…They have set the Date for the EFSL for tomorrow [Wednesday]. The last day of the present parliamentary session. Why take … Continue reading →

Militiaman – Dinar Guru  Lets see if the EFSL, 2022 Budget, Automation at the borders with taxation, GOI sorted, Social Security and exchange rate fall into place all at once or even sequentially once the vote is done. They told us … Continue reading →