Author Archives: The Dinar Observer

Dinar Investor – Jeff   Article:  “The Iraqi parliament is considering re-pricing the dinar against the dollar”   Iraq’s government put out a ton of news talking about adjusting the exchange rate.  That could only means one of two things – either they want … Continue reading →

Dinar Investor – Jeff  Article:  “The Central Bank: The dollar exchange rate is stable and there are no intentions to change it”  the central bank has no intentions at this time of adjusting the exchange rate according to what they’re telling us…what … Continue reading →

Sandy – Dinar Guru  oil has gone up to over $100 a barrel since Russia attached the Ukraine.  For Iraq this is good news…

Samson – Dinar Guru   Article:  “During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era“  Quote:  “It has become imperative for the government and the Ministry of Finance to return the exchange rate to its … Continue reading →

Pimpy – Dinar Guru  Article Quote:  “…parliament will hold a session tomorrow Monday to discuss the dollar exchange rate and the presence of the finance minister…”  They’re going to be discussing the exchange rate.  We’ll see what comes out of it…Y’all … Continue reading →

Mountain Goat – Dinar Guru  The budget is just a budget. It is money allocated to projects. The funding can be converted at any time. What they do need is the price of oil to know the amount of revenues to expect … Continue reading →

Pimpy – Dinar Guru   We know there’s a lot of chatter going on.  We’re monitoring it.  We’re paying attention.  I still think it’s just going to go up in increments.  There’s a lot of meetings going on.  Parliament is meeting.  We’re … Continue reading →

Kaperoni – Dinar Guru Article quotes:  “the economic expert, Sabah Alo, called on the government to take a decision to float the Iraqi dinar, similar to the Egyptian experience of floating the pound.”; “It is better that a decision be taken to … Continue reading →

Sandy – Dinar Guru  Article: “Iraq aims to shift investment priority from oil to gas sector, minister says”  This has quietly been sitting at the bottom of the news feed for a little over two weeks.  Iraq is taking to heart … Continue reading →

Pimpy – Dinar Guru  Question: “How does 1190 or even 1000 [rate for the dinar] give the people more purchasing power?”  The Iraqi people lost 260 dinars [1190 to 1450] in the rate change compared to what it was before…21.8% of … Continue reading →

Pimpy – Dinar Guru  Let me put it another way…Let’s say you’re making $1000 a week and then all of a sudden they take away 21.8% of your check.  Now instead of getting $1000/week you get $782/week.  See the difference? … Continue reading →

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 →