Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru  …While we wait for our event of moving back to FOREX, we are going to hear lots of news on the project to delete the zeros. This is our sign they are finally serious. I believe this … Continue reading →

Dinar Update  The UNSC, Iraq officials,  Kuwaiti officials have confirmed that on Tuesday the UNSC voted unanimously to release Iraq from Chapter VII sanctions.  It appears to be official.  This is great news.  What we have not seen is an official … Continue reading →

Pimpy – Dinar Guru  Right now I think more than anything Iraq needs to get their government formed before they can make any kind of changes…I know they’re telling you what their intentions are…but it’s kind of hard to start running … Continue reading →

Mountain Goat – Dinar Guru  …The news could not get any better.  I especially like the statement…and I quote “will restore its legal status in the international community”. Folks you have to see it too…that FOREX trading is coming back to … Continue reading →

MilitiaMan – Dinar Guru   Article: “Iraqi optimism about economic gains after exiting from Chapter VII”   …from the looks of it they apparently are now looking to be forced to make an exchange rate change or blow up everything they have … Continue reading →

Pimpy – Dinar Guru   There is a lot of chatter about the exchange rate, more than we heard in a long time but they’re not just going to come out and say in the news, ‘Hey this is what we’re going … Continue reading →

Clare – Dinar Guru   Article:  “Iraqi optimism about economic gains after exiting from Chapter VII”   YES THEY PAID KUWAIT…. THAT FINANCIAL FILE IS NOW COMPLETELY DONE! IMO.

Mountain Goat – Dinar Guru   …On Wednesday the UN Security Council officially announced Iraq’s exit from the “Chapter VII…This has “reinstatement of the dinar” indirectly written all over it…

Pimpy – Dinar Guru  The only thing that matters is that Iraq out of Chapter VII.  Period.  Restrictions are lifted.  They’re looking forward to joining the rest of the international community and working together and strengthening their economy.  A strong economy means … Continue reading →

Samson – Dinar Guru  Article “Kuwait congratulates Iraq on its exit from Chapter VII procedures”  Kuwait’s speech quote “We welcome the termination of the mandate of the United Nations Compensation Committee over Iraqi funds, and we also congratulate brotherly Iraq on its … Continue reading →

Militiaman – Dinar Guru  Take note that they have been relieved of Chapter VII per the UNSC…

Pimpy – Dinar Guru  Article UNSC meeting coverage “Security Council Unanimously Adopts Resolution Confirming United Nations Compensation Commission Has Fulfilled Its Iraq-Kuwait Mandate”  People are asking the obvious question “Wasn’t Iraq released fro Chapter 7 back in 2013?‘  Yes it was.  … Continue reading →

Godlover – Dinar Guru  Community comment “Iran thinks by shooting at US Troops they will stop the RI of Iraq from happening.”  To assume Iran is preventing or delaying the monetary reform, seems impractical to me. Iran is not going away & … Continue reading →

Kaperoni – Dinar Guru  The United Nations published the official resolution removing Iraq from Chapter 7.  Resolution 2621.  There has been an abundance of news articles over the last 24 hours in Iraq from economists, politicians discussing the benefits of … Continue reading →

Pimpy – Dinar Guru  Article: “Al-Kazemi’s advisor:  Iraq is facing a global technological openness after leaving the seventh chapter”  Get ready! Being released from chapter 7 means Iraq is now open for business on the international scene – means the economical growth in … Continue reading →

Sandy – Dinar Guru  Article “Currency Revaluation:  Historical examples”  In this article we learned more recent currency revalued that have created wealth for investors…  Quote “The one thing that is clear about currency revaluations or devaluations, is that they don’t come with prior warning.  They … Continue reading →

Kaperoni – Dinar Guru  …So Iraq apparently had their meeting today at the United Nations Security Council. Iraq upon completion of payments to Kuwait now is officially out of UN Chapter 7. Though this is excellent news, it has nothing to do with … Continue reading →

Samson – Dinar Guru  Article:   “Legal expert: Iraq’s exit from Chapter VII of the Charter of the United Nations is a good sign”  Quote: “The Security Council voted unanimously to remove Iraq from Chapter VII of the United Nations Charter … Continue reading →

Pimpy – Dinar Guru    People don’t know the difference between and RI and an RV…When we are talking RI we are talking about a reinstatement – to restore someone or something to their former position or condition.  So to put … Continue reading →

Pimpy – Dinar Guru   RV/revlue – assess the value of something again.  Adjust the value of a currency in relation to other currencies.  So a revaluation is just changing the value of the currency.  That’s all it is…anytime they change the value … Continue reading →

Samson – Dinar Guru   Article:  “After exiting the seventh chapter… Al-Kazemi tweets: A new beginning for Iraq to restore its role and presence”  Al-Kazemi said in a tweet, “Iraq has crowned its efforts on the path of normal relations with its … Continue reading →

Clare – Dinar Guru   Article:   “The Minister of Foreign Affairs announces Iraq’s exit from Chapter VII procedures“.  Quote:  “Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures.“

Pimpy – Dinar Guru   Article “A new drop in the dollar in Baghdad…and exchange offices:  the currency market is turbulent”  Here we go…What they’re saying is the U.S. Dollar is dropping in value against the dinar…the changes are…not huge but … Continue reading →

Sandy – Dinar Guru   Article:   “Iraq’s Supreme Court Rules Against KRG oil Independence”   The FSC (Federal Supreme Court) surprised everyone last week by giving 4 major verdicts on long-standing legal disputes between Baghdad and Erbil…ruled that Kurdistan regional government’s independent … Continue reading →

Mountain Goat – Dinar Guru   We…witnessed in this news period that the House of Representatives set a date for a meeting with the Minister of Finance and the Governor of the Central Bank in order to discuss the dollar exchange rate. Yes, … Continue reading →

Kaperoni – Dinar Guru  The central bank governor made it clear this weekend they are in charge of monetary policy and the dinar exchange rate, not politicians or political blocs…What is so amazing is how Iraq in so many ways … Continue reading →

MilitiaMan – Dinar Guru   Article quote: “The decision to reduce the dollar exchange rate in the local markets is exclusively in the hands of the Central Bank of Iraq, according to the law, and no one may act on it … Continue reading →

Pimpy – Dinar Guru  There are still restrictions on the currency…Iraqi dinar.  Remember they just finished paying off Kuwait… They officially announced it. We have not heard any more chatter about chapter VII and we know they’re still on the blacklist in … Continue reading →

Samson – Dinar Guru   Article:  “Vietnam new Asian tiger: Business Times”  Quote:  “Once among the poorest countries in the world, its economy is now booming and the World Bank describes it as one of the most dynamic and emerging countries in … Continue reading →

Pimpy – Dinar Guru   Article:   “Al-Maliki comments on the dollar crisis and directs a request to the Central Bank of Iraq”    The Coordination Framework is really pressing for a rate change.  They’re really kissing butt to the poor people.  Why is that … Continue reading →