Author Archives: The Dinar Observer

Adam Montana – Dinar Guru   Great stuff, Kurds getting on board.  Also: oil is very high, so they have lots of cash…  Yes Sir!!!

Samson – Dinar Guru  Article “A deputy directs 4 questions to Al-Kazemi regarding the exchange rate and the financial abundance achieved “  Quote “the representative of the World Bank states (we have nothing to do with the decision to raise the price … Continue reading →

Mountain Goat – Dinar Guru   Article:  “OIL PRICE”: OIL PRICES ARE EXPECTED TO REACH $ 100 IN THE MIDDLE OF THIS YEAR”  And Iraq has what for a rate on their currency, a 1/6 of a penny?

Sandy – Dinar Guru   Article:  “Iraqi Parliament Announces 25 Presidential Candidates“    Parliament will meet on  February 7, 2022.  Candidates need to obtain the votes of 2/3 of the parliament members that being 220 votes out of 329 votes to win in … Continue reading →

Fleming – Dinar Guru   Iraq has a Plan…By 2/7/22 Iraq will have all 3 seated presidents.  2/9/22 is the date that the UNITED NATIONS declares Iraq formally international and qualified for global trade.  Immediately on or after 2/9/22 Iraq’s … Continue reading →

Adam Montana – Dinar Guru  …I believe in what Iraq has in their future, and that’s a revalue…I doubt it will be $8, but I’m OK if that what happens!  Give me .10 or $1… fine by me.

Pimpy – Dinar Guru  Article: “Brent crude jumps above $92”  This is awesome for Iraq…they have had a huge inflow of money…if they budgeted oil at $55 and it’s coming in at $92 they’re gonna have a huge surplus…they don’t have to … Continue reading →

Paulette – Dinar Guru  The “UNCC” is meeting on the 9th…It is anticipated that the UNCC will formulate a Resolution in conjunction with reviewing the Final Report regarding Iraqi compensation to Kuwait to be presented to the UNSC…. The presentation and … Continue reading →

Adam Montana – Dinar Guru    …There’s some great stuff floating around out in the dinar world right now, and I’m pretty excited about it.  A LOT of people are fired up about this stuff, actually… and for good reason. This is … Continue reading →

Kaperoni – Dinar Guru   the Central Bank of Iraq Governor today came out and said they’ll be no change in the exchange rate and that he is in sole control over it. Of course we knew this because it will remain weak … Continue reading →

Pimpy – Dinar Guru  Article: “Nechirvan Bargain, Al-Halbousi and Al-Adhari meet with Al-Amiri”  Quote:   “Sadr stuck to his position calling for the formation of a national majority government stressing this excludes the leader of the State of Law coalition Maliki”   It … Continue reading →

Vital Brad – Dinar Guru   Kuwait – when they revalued their currency they went back up not 1 to 1, they went back up to their previous rate where it got devalued at.  So if that’s the case then Iraq’s … Continue reading →

Mountain Goat – Dinar Guru   …prior to 1990 they [Iraq] were a rentier oil economy and pumped only 1/3 of the oil… They also did not have the agricultural lands developed and certainly did not have the gold reserves or … Continue reading →

Mountain Goat – Dinar Guru   …The “silk road” is huge if they decide to go ahead with it, which I believe they will and almost have to…There is still lots of hope that the reinstatement can happen shortly and I … Continue reading →

Mountain Goat – Dinar Guru  Articles:  “AL-ZAMILI: WE SEEK TO LEGISLATE A LAW GRANTING A PERCENTAGE OF OIL IMPORTS TO CITIZENS“;  “A DEPUTY PROPOSES DISTRIBUTING THE DOLLAR PRICE DIFFERENCE FUNDS TO THE IRAQIS”  Two articles on this topic this period of excess … Continue reading →

Sandy – Dinar Guru  Unbelievable income from oil exports in the first month of this year January 2022.  Article: “Ministry of oil:  Last month’s revenues amounted to more than $8 billion”  At the beginning of the week crude oil reached $91.20 cents per … Continue reading →

Mountain Goat – Dinar Guru  …As far as Iraq and the reinstatement, we just need to realize that the Central Bank is going to move to conduct the project to delete the zeros and then to reinstate the dinar soon… If Iraq … Continue reading →

Vital Brad – Dinar Guru  Community comment “Iraq is a sovereign country. No one is going to tell them when to revalue their currency.”  The Finance Minister  FMU has the ability to decide the rate of their currency.  The IMF was the one … Continue reading →

Kaperoni – Dinar Guru  Iraq will not be randomly changing the exchange rate back to some rate pre-war. Only with the success of Iraq’s private sector economy can the dinar go up in value. It’s not arbitrary or random and the … Continue reading →

Nader – Dinar Guru  If they do that  [put it back to ‘previous’ 1160]  it will be at like $3.00 in a month…if they put it back on Forex.  Because right now you cannot exchange it on Forex.  You cannot buy … Continue reading →

Pimpy – Dinar Guru  I’m starting to almost change my opinion on where the rate change might happen.  Not an RI or an RV…but you might see a little bit better than…1190 dinars.  I believe the lower value that we’ve seen … Continue reading →

Kaperoni – Dinar Guru  Iraqi media again today posted an article about new government returning the exchange rate to what it was 13 month ago (not a RV as the guru’s say).  Unlikely to happen because the central bank is responsible … Continue reading →

RVAlready – Dinar Guru  Article:  “The Framework Announces The Move Towards Collecting Parliamentary Signatures To Change The Dollar Exchange Rate”    Remember, this is just grandstanding.  A few things to think on: Parliament does not set rates.  CBI does. It does not … Continue reading →

Vital Brad – Dinar Guru    “I heard they want to change the rate before they release the budget.”  If we can see the rate in the budget – that’s a big thing that I look for each year when that … Continue reading →

Pimpy – Dinar Guru   I think if they do change the rate it’s going back to where it was before.  Right now you can get 1450 dinars for every 1 dollar and before they devalued it you used to get … Continue reading →

Pimpy – Dinar Guru  …in addition to that the price of oil keeps going up.  Meaning there’s going to be a lot more revenue coming into Iraq than before.  Does that mean they could change the rate to something outrageous like … Continue reading →

Sandy – Dinar Guru  These are speculation numbers to help you understand Iraq’s vast wealth potential…The total value of the Iraqi potential oil reserves at an average profit of $75 per barrel over the next 100 years is 360 billion [barrels] … Continue reading →

MilitiaMan – Dinar Guru  Article:  “I talked about the stage of “reaping the fruits” .. Chairman of the Investment Authority: We have prepared 70 projects for the state”  The next stage is not going to be at a program rate. The economy … Continue reading →

Mountain Goat – Dinar Guru  Articles:  “ECONOMIST: IRAQ MAY GET HALF A TRILLION DOLLARS ANNUALLY IF IT IS LINKED TO THE SILK ROAD”;   “THE SILK ROAD ON THE {MORNING} TABLE PENETRATES 70 COUNTRIES AND REVIVES IRAQ’S ROLE IN INTERNATIONAL TRADE”    … Continue reading →

Pimpy – Dinar Guru   Article: “A deputy reveals a set of options regarding the 2022 budget, including the price of the dollar”  Here’s the talk of the town.  Everybody’s talking about a rate change…I still think what’s going to happen is … Continue reading →