Author Archives: The Dinar Observer
Pimpy
Pimpy – Dinar Guru There’s one heck of a report that came out on behalf of Iraq. A really positive step. Report “IMF Staff Concludes Virtual Visit to Iraq” the write up is really good. To start off you can see that … Continue reading
Frank26
Frank26 – Dinar Guru [interview with Firefly] FIREFLY: We now see the special commercial. It’s on TV. We’re watching it right now. They’re saying that the currency of Iraq is tomorrow’s future…They say the special will run through the weekend. It’s … Continue reading
Frank26
Frank26 – Dinar Guru [interview with Firefly] FRANK: …IMO they have to show you what they’re going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can’t just give … Continue reading
Wolverine
Wolverine – Dinar Guru Just letting you all know that I have received incredible news that the RV is definitely going to be released and notifications will be coming out any day now. The meeting with HSBC went fantastic.
Mountain Goat
Mountain Goat – Dinar Guru …there is one important issue I need to cover closely today. It is the quantum financial system…They are now coming out in the public and talking about implementation of the QFS…The central piece of the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Of course there is much coordination with the CBI so that the RV and Reinstatement of the dinar will coincide with the timing…They can not implement the QFS for the currency reform piece until they … Continue reading
Pimpy
Pimpy – Dinar Guru Finally a portion of the announcement I’ve been waiting for has arrived… Article: “Lukoil announces the discovery of the Arido field in Iraq, with reserves of 7 billion barrels” Remember I told you there was a … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …The project to delete the zeros from the exchange rate of the Iraq Dinar (IQD) is not new and has been on the table for many years of the Central Bank of Iraq (CBI). The project has had … Continue reading
Kaperoni
Kaperoni – Dinar Guru Iraq is in IMF Article VIII [?] That is incorrect they are an article XIV. This is verifiable by going to http://imf.org and under Iraq choose Iraq’s position in the Fund.
Sandy
Sandy – Dinar Guru Article: “Central Bank: Move to open branches of Iraqi banks in Turkey” The Central Bank of Iraq is in discussion to open branches of Iraqi banks in Turkey. Does this mean we may be able to go to Turkey … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Washington Post writer met Al-Kazemi in the bombed house: The strike made the second term certain” The attempt on his life most likely backfired because he has drawn a lotto sentiment from all factions out there…this … Continue reading
Breitling
Breitling – Dinar Guru Question: “When Iraq puts value on its currency will it start out at .40 cents, .50 cents? I’ve heard they want to get it to a dollar.” That’s exactly what they want to do. At a minimum they … Continue reading
Kaperoni
Kaperoni – Dinar Guru …The dinar has value. It is not a lottery ticket therefore it is not worthless. Hopefully with the success of their economy they will raise the value but it’s going to be overtime.
Pimpy
Pimpy – Dinar Guru Article: “For the second day, the dollar exchange rate fell” That’s right the dollar is losing ground on Iraqi dinar but it’s not like it’s huge leaps and bounds. They’re very small but the dollar is becoming weaker … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE” …this article does not tell us what they mean by changing the exchange rate. Could this mean back to the pre-devaluation program rate or the RV … Continue reading
Pimpy
Pimpy – Dinar Guru I’m not saying that an RI or an RV won’t be announced. I’m saying that it makes more sense to me they’re going to let it go up in increments. In fact it says something similar in here. … Continue reading
Kaperoni
Kaperoni – Dinar Guru So what are we waiting for? That is a question that everyone asks. The truth is… Iraq was devastated in the war and their infrastructure was completely demolished. This is a complete rebuild from the ground … Continue reading
Kaperoni
Kaperoni – Dinar Guru It is a huge undertaking. And like I said numerous times, until Iraq’s economy prospers the Iraqi dinar will not go up in value. So we need the newly-elected parliamentary members to be sworn in and … Continue reading
Breitling
Breitling – Dinar Guru Question: “Is it a fact that Iraq has lower notes in their banks?” No…unless the CBI talks about it or one of the banks in Iraq talking about it why would you even contemplate it?
Vital Brad
Vital Brad – Dinar Guru Article: “Iraqi banks get a rating from international agencies” Article quote: “19 licensed banks in Iraq have obtained a rating from the accredited International rating of agencies – Capital Intelligence, Fitch, Moody’s Standard and Poor…” Wow! Article … Continue reading
Kaperoni
Kaperoni – Dinar Guru Raising the value of the Iraqi dinar is not an arbitrary event it is a tool used to counter inflation created by economic growth, success and a influx of capital in Iraq’s economy. Until Iraq passes laws, and … Continue reading
Pimpy
Pimpy – Dinar Guru Yes, that’s right there’s talk of an exchange rate change and that’s got the big-what-to-do going around the dinar community… Article: “After the rise in oil, expert reveals the possibility of reducing the dollar exchange rate with this … Continue reading
Pimpy
Pimpy – Dinar Guru Quote: “an economic expert revealed on Wednesday the possibility of returning the dollar exchange rate to its previous era…” When they say era I think they’re talking about where it was prior to this last move. Instead … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …Changes are coming and these changes we will like. This is when we will get the reinstatement…
Holly
Holly – Dinar Guru I am going to say very little. We are close. Do not fret the hour or the day. Do not question all the details. Know it is happening and underway…
Pimpy
Pimpy – Dinar Guru There’s a lot of people expecting this RV announcement or an RI announcement and I’m not saying that’s not going to happen but I’m saying the most likely scenario is we just pay attention to what’s going on … Continue reading
Pimpy
Pimpy – Dinar Guru {Election} It’s looking good. There are some discrepancies but hopefully nothing major. Let’s hope that all the right people we want to see get in office get in there because we want to see them raise the exchange rate … Continue reading
President Saleh: The end of the elections is a starting point for the desired reform
President Saleh: The end of the elections is a starting point for the desired reform Baghdad – The President of the Republic, Barham Salih, stressed, on Sunday, that the completion of the elections is a starting point towards the reform … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “MR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH. WE WILL FIGHT THE CORRUPT BY LAWMR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH.. WE WILL FIGHT THE CORRUPT BY LAW” Okay, so now we have the support … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Cabinet Secretariat approves the mechanisms for lending large projects” If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good … Continue reading