Author Archives: The Dinar Observer
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
Pimpy
Pimpy – Dinar Guru If Kuwait dollar is the most valuable currency and you see how much more stronger Iraq is what in God’s green earth makes you think that Iraq has not potential to not only catch but pass up … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru They changed the exchange rate but they haven’t said what it is. A lot of speculation was, ‘Okay, they’re gonna share it during the conference.’ You had 9 different countries there – Kuwait, Jordan, UAE, Saudi … Continue reading
Breitling
Breitling – Dinar Guru The taxes coming from Biden is a massive threat. It is a massive threat. You need to get your stuff in order…timing…Let’s say if Iraq does…get influence from Iran and then they revalue. Then what is our strategy? Get … Continue reading
Pimpy
Pimpy – Dinar Guru When the first rate change takes place I have a feeling it’s going to be a little bit on a low side. Not tool low but let’s say it’s a $1.74…a bulk of people are gonna go … Continue reading
Kaperoni
Kaperoni – Dinar Guru The only way that dinar can go up in value is for them to float the currency gradually over time. Doing so would allow them to not only reduce the currency in circulation, but allow it to go … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru Article “Minister of Finance Ali Abdul-Amir Allawi confirmed that the process of changing the dollar exchange rate contributed to reforming the economic system” Changing the dollar exchange rate? Read that? They changed the dollar exchange rate? Well … Continue reading
Breitling
Breitling – Dinar Guru I still see the rate coming out in the .50 to 60 cent range and then growing from that point. But if the United States doesn’t have as much control as they did and somehow we pull … Continue reading
Pimpy
Pimpy – Dinar Guru You guys brought to my attention the article in which a Financial Minster of Iraq Allawi says he supports a floating exchange rate which is good…that means the market dictate the value of the Iraqi dinar. That … Continue reading
Frank26
Frank26 – Dinar Guru Article “The Iraqi Finance Minister supports the floating of the currency” Quote “The Iraqi currency is floating, but the central bank intervenes from time to time until it places it pithing a certain bar…floating the currency is fully … Continue reading
BobTheTaxMan
BobTheTaxMan – Dinar Guru Under the new administration we’ve got there’s huge changes that are going on, particularly in the estate tax arena. Anybody who makes over $400,000/$1 million you can expect they are going to be taxed to pieces…[Hopefully that includes … Continue reading
Kaperoni
Kaperoni – Dinar Guru The two most important facts that everyone should look at when they consider the dinar. 1. How much dinar is in circulation? Answer- well over 42 trillion. 2. What is Iraq worth? Answer- all the minerals … Continue reading
Pimpy
Pimpy – Dinar Guru I believe the Iraq dinar rate is going to change for the better. I believe it’s going to get back up there. The reason for that is…in comparison of Iraq country to the Kuwait country and if … Continue reading
Breitling
Breitling – Dinar Guru Question “Do you believe this withdrawal from Afghanistan will have any impact on the region and how does that affect our anticipated revaluation of the IQD?” What’s the ripple effect of what’s happening? We don’t know yet…as … Continue reading
Beitling
Beitling – Dinar Guru So if that region goes kaput and they are no longer on our team we’re going to de-dollarize them and they are going to be forced to add value to their currency. That’s a big plus for us. But … Continue reading
Pimpy
Pimpy – Dinar Guru There is a huge summit. I was excited about it. I was hoping to hear some great things about it and of course al my hopes came true…there’s a lot of information going on about the summit … Continue reading
RVAlready
RVAlready – Dinar Guru Iraq is going to start selling bonds like most countries do. This should mark the end of the currency auctions and the release of the RV.
Pimpy
Pimpy – Dinar Guru They’re not going to be able to do a whole lot of reconstruction if they can’t get more purchasing power. Now I’m not promising anything. I have no idea what’s in the 2022 budget. People say, ‘Do … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru It’s exciting times…for this to go down you’re going to have to have reconciliation. It looks like they’re having reconciliation right before our eyes.
Petra
Petra – Dinar Guru When we talk about reconciliation [Today’s Middle East Summit in Iraq] nothing drives people more together than money. The fact that all these countries are coming together there’s definitely a financial component to this meeting. IMO the … Continue reading