Author Archives: The Dinar Observer

Petra – Dinar Guru  It’s very clear to me the progress has been absolutely phenomenal.  If you were to put on a chart the amount of conversation that has gone from the CBI…the last two weeks have been off the charts.  And … Continue reading →

Mountain Goat – Dinar Guru  Article: “IS FLOATING THE CURRENCY A VIABLE OPTION? UNDER WHAT CONTEXT?”  The context they are talking about is the FLOATING the dinar exchange rate and I quote- “of the national currency against other foreign currencies”, which means … Continue reading →

Mountain Goat – Dinar Guru  The dinar, in a way, is indirectly floating now via the speculators and money exchangers and we see the mess it is creating in Iraq. …Yes, Iraq it is time you put on your BIG BOY … Continue reading →

Pimpy – Dinar Guru  There’s a lot of chatter about the exchange rate.  It just keeps going on and on.  It’s very interesting.  A little nugget to tease you guys – when the Kuwait dinar changed it changed a couple days after … Continue reading →

Kaperoni – Dinar Guru   Over the weekend several articles have surfaced that basically state what I have been saying for several years that the success of the dinar will be based on the economic growth of Iraq that is not rentier, … Continue reading →

Pimpy – Dinar Guru  Article:   “A government advisor bets the improvement of the value of the dinar on several conditions and determines the rate of high inflation”  Here we go again.  They continue to talk about the value of the dinar in … Continue reading →

Pimpy – Dinar Guru  …We can wait a little longer…but here’s my thought process.  The more surplus they have…then there’s no need for borrowing.  There won’t be a deficit in the next couple of year’s budgets and could spend more money … Continue reading →

MilitiaMan – Dinar Guru   Article:  “A government advisor reveals the goal of the 5 trillion initiative for the Central Bank”  This is telling me that the CBI is fully aware of the global monetary polices and circumstances affecting the world … Continue reading →

MilitiaMan – Dinar Guru    A reinstatement based of current fundamentals will and can make it happen. Being fully article 8 will be show time… imo…Having support from having an internationally acceptable currency is imo part of the plan. They need to be successful. … Continue reading →

Mountain Goat – Dinar Guru   Article:  “AFTER THE JUSTIFICATIONS FOR RAISING THE PRICE OF THE DOLLAR IS NO LONGER REQUIRED, DEMANDS TO SAVE THE CITIZEN FROM THE GREED OF TRADERS”   Quote:  “… justification and motivation not to change the exchange rate … Continue reading →

Pimpy – Dinar Guru   Article:   “Parliamentary Finance sends an “urgent” message to the government regarding dollar prices”  The news coming out of Iraq the last 7 to 10 days or so has been very positive.  Baby steps but you … Continue reading →

Mountain Goat – Dinar Guru   We must keep telling ourselves to remember that VALUE and RATE are two different things. We know for a FACT that the VALUE of the dinar is very high but the RATE to reflect the true … Continue reading →

Pimpy – Dinar Guru   Article: “The dollar continues to decline against the dinar with the closure of the Baghdad Stock Exchange”  Again going in the right direction.  It’s doing it in baby steps but it’s going…it got down to around 1470 … Continue reading →

Pimpy – Dinar Guru  There’s talk again about the exchange rate…  Article “The dollar is falling against the dinar with the closure of Baghdad markets”  It’s slow mind you, it’s tiny increments, but at least it’s going in the right direction…the Central … Continue reading →

Sheila – Dinar Guru   The CBI is coming out with a controlled float. This means they are going International. The CBI has full control. Kazemi and the CBI will tell their folks that the new CBI building is all ready…one … Continue reading →

Mountain Goat – Dinar Guru  Article:  “PARLIAMENTARY FINANCE COMMITTEE WARNED THE CENTRAL BANK OF THE COLLAPSE OF THE IRAQI DINAR AGAINST THE US DOLLAR UNLESS SOMETHING IS DONE SOON.”  The PRESSURE builds to do something “soon”.

Pimpy – Dinar Guru  Article:  “Al-Kazemi’s advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar”  I remember we used to talk about the exchange rate, why doesn’t the government change it?  I said, because they … Continue reading →

Kaperoni – Dinar Guru  This past weekend much of the attention was focused on two different articles one discusses implement implementation of the delete three zeros or LOP.  The other is when it would be appropriate to float the Iraqi dinar. The … Continue reading →

Pimpy – Dinar Guru   Looks good you guys.  We want outside investors in there.  We see the Iraq dinar gaining against the dollar again.  We see other countries eager to come in and invest.  We see that things seem to have quieted … Continue reading →

Petra – Dinar Guru  The Finance Minister said, “the ministries is continuing to open up to the world to conclude the best relations.  To open a new horizon of cooperation.  To restore its rightful place among the nations of the world.  … Continue reading →

Pimpy – Dinar Guru    Article:  “After Barzani’s announcement, a government source clarifies how to pay regions share of the budget”   That’s right.  They finally came up with an agreement.  It only took 13 years, 6 months, 27 hours, 72 minutes and 84 … Continue reading →

MilitiaMan – Dinar Guru   Article quote:  “Kurdistan’s Prime Minister, Masrour Barzani announced, on Tuesday, that an agreement had been reached with Baghdad on the Region’s share of the federal budget.”  …the Kurds have a deal that is retro active. That … Continue reading →

Pimpy – Dinar Guru   Article:  “The dollar is falling with the closure of Baghdad markets”  They’re starting to lose their trust in the U.S. dollar.  It’s something I thought would never happen…I never thought it was possible…we know that the dollar … Continue reading →

Petra – Dinar Guru  What is the end game?  If you look at the challenges Iraq is having now in regards to the Kurds and  they’re threatening a lawsuit.  The governance is looking for their HCL money.  The countries that are … Continue reading →

Pimpy – Dinar Guru  There really has been a lot of talk about the rate change – not just by so-called gurus but in the news.  Very interesting.  Very very interesting that once again this topic is being brought up.  You have a … Continue reading →

Dinar Investor – Jeff    Article:   “Parliament: The exchange rate of the dollar against the dinar will be fixed for at least a year“.  Article: “Al-Kazemi’s advisor reveals the details of the first economic reform program in Iraq and its launch … Continue reading →

Dinar Investor – Jeff   The first one is the parliamentary finance committee [the second a GOI advisor].  That’s NOT the CBI! …they made a key statement here.  Quote:  “Cougar said, “changing the exchange rate is the responsibility of the Central Bank.”  No body … Continue reading →

MilitiaMan – Dinar Guru   Why is the world Bank so giving now?  “With regard to the role of the World Bank in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the … Continue reading →

Pimpy – Dinar Guru  Article: “The Central Bank of Iraq takes step that may contribute to the decrease in the price of the dollar.”  This is good. Supply and demand.  The more money [U.S. Dollars] they put out there to sell…the … Continue reading →

Mountain Goat – Dinar Guru   We all should know by now that the rate of the CBI is an in-country rate only and the IQD is not yet on FOREX…It is NOT yet activated on FOREX! …Next, I want to say that the fluctuating … Continue reading →