Author Archives: The Dinar Observer

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 →

Vital Brad – Dinar Guru  Community comment “No such thing as redemption centers…”  I’ve heard different things on this.  There’s so much opinions out there but when this thing goes International and banks are trading you’re going to be able to … Continue reading →

Nader – Dinar Guru   Here’s the good news.  From here till next week the rate will go up.  I don’t know if they’re going to RV it or RI it.  Or I have no idea if they’re going to the ‘previous’ … Continue reading →

Mountain Goat – Dinar Guru  Article:  “A GOVERNMENT MOVE TO FORM A SOVEREIGN FUND IN IRAQ THAT WAS SUPPOSED TO WORK 18 YEARS AGO”   This is all part of the financial stability we are now seeing develop in Iraq. They need stability … Continue reading →

Vital Brad – Dinar Guru  Community comment “February for sure.”  There’s a lot of people say in February.  It’s gonna depend if Iraq has their government seated or not.  Based on how it’s looking I think they’re gonna get done quicker and … Continue reading →

Sandy Ingram – Dinar Guru   “Iraq’s President Barham Salih nominated by ruling Kurdish party to run for second term”  We do not yet know the fate of the prime minister position.  

Kaperoni – Dinar Guru  … Governor Shabibi wanted to reinstate the dinar.  Not true, he was planning to float it.

BobTheTaxMan – Dinar Guru   We have found out because I happen to have a contact in Warka that verified the information that we thought was true that they have been pretty much shutting everything down and the CBI is taking it … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Iraqi ports confirm that no port in neighboring countries has any impact on Al-Faw”  The automation of the port is going to be a money machine! Likely the next Dubai in context of bigger. Once they go … Continue reading →

Vital Brad – Dinar Guru  We’re going to see a lot of changes happening.  We’re going to see things tightening down.  More government oversight.  But the good news is people that have prepared, people that do hold some Iraqi dinar IMO … Continue reading →

Vital Brad – Dinar Guru    …IMO be prepared because I think the system, our currency as a whole is going to go through a crash…and these undervalued currencies like the Iraqi dinar is going to be a currency that benefits … Continue reading →

Kaperoni – Dinar Guru  If Iraq floats the currency they can gradually reduce the money supply over time and allow the dinar to gradually appreciate based on the success of the economy. That is the only way that dinar can go up … Continue reading →

Vital Brad – Dinar Guru  We’ve got a couple people in Iraq …sharing their point of view…they’re talking about the changing the rate of their currency.  Some people are saying ‘Oh, they’re just referring to going back to the 1190 rate.’  IMO unless … Continue reading →

Mountain Goat – Dinar Guru  So much very good news today to tell.  I can hardly hold back my jubilation of what is shortly to come…once the button is pushed the actions necessary to bring Iraq to a financial power house will … Continue reading →

Vital Brad – Dinar Guru  Article:  “Al-Sadr nominated Al-Kazemi as prime minister for the majority government”  After the government as a whole is fully seated I think it could go anytime.  The sooner the better of course …

Kaperoni – Dinar Guru  …’they’re not going to open the 2022 budget unless they raise the exchange rate.’  Yes, there is talk of this but only returning it to 1170.

Breitling – Dinar Guru  What’s coming down the road?  What does Iraq looking at?  Why haven’t they pulled the trigger today?  I’m telling you they could pull the trigger today if they wanted to.

Mountain Goat – Dinar Guru   Article:  “RETURNING THE DOLLAR EXCHANGE TO ITS PREVIOUS PRICE IS ONE OF OUR PRIORITIES”  …let me remind you what the phrase “returning the dollar’s exchange rate to its previous price” means. Some authors do mean … Continue reading →

Kaperoni – Dinar Guru  Today’s Iraqi Federal Court decision appears to confirm previous parliamentary session was legit giving Al-Sadr now the momentum to move forward and begin to create a new government.

BobTheTaxMan – Dinar Guru  This is a government process.  This is going to go through a series of things they’ve got to accomplish.  They did get Kuwait taken care of…we are in a really good position for this to come to fruition…