Author Archives: The Dinar Observer
Petra
Petra – Dinar Guru On Saturday Kazemi calls an extraordinary meeting of the Council of Ministers. We believe they passed that budget [2022] at the Council of Ministers meeting on that Saturday…last week we had the US/Washington was there on Thursday and … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “HOW IS THE EXCHANGE RATE STABLE?” …they are clearly talking about a pathway to returning the dinar to its glory days prior to the 1990’s invasion and NOT just pre- December 2020 devaluation rate. We all … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru 1. limit the huge demand for hard currency with the aim of stabilizing the price and reducing it to less than the official rate… 2. Need to control currency smuggling, and this matter needs great capabilities: We … Continue reading
Pimpy
Pimpy – Dinar Guru Everybody’s talking about, ‘hey there’s a new dinar, a new crypto dinar that’s out over there in Iraq.’ That’s the new rumor that’s going around. It’s not new you guys. There’s all kinds of tokenized dinar. You guys just … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru [Kazemi]…what did he do? He showed them the money. How did he show the money? He told you… we’re going to value our oil in dinar at 45 dinar to a barrel. It’s basic. It’s that simple. He did it…Who did … Continue reading
Petra
Petra – Dinar Guru What happened last week with the oil money. Everybody know about the Petrodollar [Oil based on the US dollar]…they announced they had calculated the oil revenue in dinars. That was huge. That is an indication that they … Continue reading
Kaperoni
Kaperoni – Dinar Guru retweet: Masrour Barzoni PM of Kurdistan Region of Iraq “Parliament has backed this cabinet’s actions to get rid of barriers to new businesses. We’ve cut processing from 32 days to 1; visits to govt offices from 50 to … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru If they were to do something huge how would they go about it? Look back to 2003 when they did a banking overhaul/new currency…LA Times…How they did it…basically you take your stack of 25000 dinars and now … Continue reading
Pimpy
Pimpy – Dinar Guru What they’re going to do is make sure that their economy is on solid ground before they make any real significant changes to the rate which is important. We want them to develop their private sector. That looks … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Central Bank participates in the first conference to activate the role of the business incubator” Here is another example of supporting evidence that going to a market economy is in full steam ahead…The re construction … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru A lot of stuff is possible. Article: “An Italian Artist Auctioned Off an ‘invisible sculpture for $18,300” Quote: “It is a work that asks you to activate the power of the imagination.” $18,000 this guy … Continue reading
Pimpy
Pimpy – Dinar Guru More and more Iraq is putting themselves out there on the international scene. When it comes to the dinar I just find it very hard to believe that that they’re going to be able to keep it up … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru We have the PM Kahdimi on the 22nd of August telling the world he has a 2021 – 2023 plan with 33 pages of information on the White Papers, digital transformation, etc. Then days later on the 26th … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Well, it looks like they were told they have de-pegged from the US Petrodollar and are using the Dinar evaluating the price of oil. It suggests with simple math that 45 Dinar to a barrel of … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru Is it possible to do an RI/RV overnight or is it going to take the reform and white paper development over the next 5 years? I don’t know…it’s funny because people are saying, ‘Oh it’s not … Continue reading
Pimpy
Pimpy – Dinar Guru Is that right? Did I hear a rumor they want to reinstate the rate? That’s what everybody’s talking about… Article: “Parliamentary movement to change the dollar exchange are in the 2022 budget” Are we getting the RI here? Be … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I have to clarify…what…is being televised on Iraqi TV. They are simply telling the people they want to go back to the pre-December 2020 devaluation rate for the dinar. Would this be a revaluation? Yes, it would, … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Our RV news this period is VERY GOOD. We heard from the Finance Minister Ali Abdul Amir Allawi as he confirmed once again that the white paper “seeks to fundamentally change the nature of the Iraqi economy”. … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The RV is coming soon…The process has not changed as it was given to me (us) in 2011 from the CBI. First the project to delete the zeros, then the follow up of a reinstatement to … Continue reading
Pimpy
Pimpy – Dinar Guru I’m aware of how many trillions of dinars they have…we know they created 55 trillion, says so right on their website. What I talked about is the fact that for 5 years they spent between $1 ad … Continue reading
Pimpy
Pimpy – Dinar Guru …The truth is we’re not exactly sure how many is out there in circulation. But I understand what you’re saying. When I first got into this I was like there’s no way in hell, they have … Continue reading
Pimpy
Pimpy – Dinar Guru I think the reason why it’s important for them to recover the stolen funds is so they can have a more accurate idea of how much is in circulation so they can decide whether or not … Continue reading
Kaperoni
Kaperoni – Dinar Guru …the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru Article “Al-Nusari: Monterey stability represents the starting point for economic stability” Before you can reform your economy you have to reform your monetary policy to make sure the foundation of your economy is strong. Are they going … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …Welcome to September! Yes, we are off to a VERY GOOD start as things are really progressing in Iraq… the Finance Ministry (part of the GOI) wants currency reform…Sounds to me that the Central Bank … Continue reading
Militaman
Militaman – Dinar Guru Article “Iraq and the United Nations sign a framework for joint cooperation in a number of fields” …The timing is very interesting. Tomorrow morning the meeting is to take place and two key components within the frame … Continue reading
Pimpy
Pimpy – Dinar Guru It’s looking good. The more Iraq keeps taking a leadership role opening up to the international community, getting away from relying so much on oil, open up the private sector. This is good. I can’t stress this enough … Continue reading
Kaperoni
Kaperoni – Dinar Guru The Central Bank of Iraq tonight in the news stated that they’re going to be changing the exchange rate of the Iraqi dinar. It seems like they were talking about going from 1460 to 1450 in an attempt … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru Article quote “Floating the currency is fully or partially liberalizing the currency exchange rate”. They are not fixing the exchange rate. They’re letting the exchange rate go on to whatever market price that it settles at. Free … Continue reading
Kaperoni
Kaperoni – Dinar Guru … he thinks Iraq can pass Kuwait’s exchange rate. Kuwait only has about 40 billion dinar in circulation, while Iraq has well over 45 trillion. They either need to significantly reduce the currency in circulation via a … Continue reading