Author Archives: The Dinar Observer

Clare – Dinar Guru   Article:  “In exchange for a second term, a politician reveals that Al-Sudani sent a delegation to Washington to normalize relations with Israel”   Quote: “Al-Sudani sent a secret and unannounced government delegation to the United States of America to … Continue reading →

Pimpy – Dinar Guru  Iraq is doing very good to keep things stable…Al-Sudani has done a really good job but I’m really concerned about the election that’s coming up just because there’s always some kind of shenanigans that takes place.  We need Al-Suani … Continue reading →

Clare – Dinar Guru   Article:  “The Iranian parliament approves the deletion of four zeros from the national currency”   Quote: “Members of Iran’s Islamic Consultative Assembly voted on Sunday on a bill amending the country’s monetary and banking law, approving the removal of … Continue reading →

Sandy Ingram – Dinar Guru   We have millions of Iraqi dinar over here in the Western Hemisphere.  The Untied States itself has billions of Iraqi dinars and so do other counties.  This is an issue [overprinted dinar held in mattresses inside … Continue reading →

Militia Man – Dinar Gurfu   Article:   “Iranian Parliament approves the deletion of the 4 zeros from the national currency“.   It’s about the Iranian parliament…This isn’t the first time we’ve heard this.  Quote:  “Converting 10,000 old rials to 1 new rial to simplify transactions amid hyperinflation … Continue reading →

Samson – Dinar Guru   Article:  “THE IRANIAN PARLIAMENT APPROVES THE DELETION OF FOUR ZEROS FROM THE NATIONAL CURRENCY“

Pimpy – Dinar Guru  What is a redenomination?  It’s when they change the whole look of their currency.  Like I said, cross your fingers, we’d hope they don’t remove the three zeros and they change the exchange rate because then we get a … Continue reading →

Clare – Dinar Guru  Article: “Washington warns Al-Sudani and bans him from UN meetings” Quote: “Washington…prevented Iraqi Prime Minister Mohammed Shia al-Sudani from attending UN meetings, amid threats of a US-Israeli strike against Popular Mobilization Forces (PMF) factions…A call between … Continue reading →

Mountain Goat – Dinar Guru   Article:   “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN  ACCORDANCE WITH THE CONSTITUTION AND BUDGET.”  The BEST part about this agreement is now the US Treasury can exchange our dinars for cheap … Continue reading →

Pimpy – Dinar Guru   Article:   “Iraq’s gold reserves increase by 10 tons and its currency reserves decreased by $8 billion”  You don’t want it to decrease.  You need it to increase.  The only reason you’d be spending your foreign currency reserves is if you’re … Continue reading →

Militia Man – Dinar Guru   Article:  “PRIME MINISTER : NATIONAL GOLD RESERVES REPRESENT AN IMPORTANT PILLAR OF FINANCIAL STABILITY”  Iraq’s is no slouch with their gold holdings of 162 tons of it. Today, gold is about $3,885 per ounce. That is stability and … Continue reading →

Sandy Ingram – Dinar Guru  The problem with the overprinting of the money is the Central Bank of Iraq for a long time has been trying to pull the bank notes, the Iraqi dinar, …into the bank and then destroying the … Continue reading →

Pimpy – Dinar Guru  I know people think Sudani is the bad guy, but that’s not true…Al-Sudani used to be a protege of Maliki of the coordination framework.  But since Al-Sudani has become the prime minister you see Maliki trying to oust Al-Sudani from … Continue reading →

Mountain Goat – Dinar Guru   …so you heard lots of rumors about how the 2003 war will “pay for itself”…This is how the U.S. is going to pay for the war…using the oil credits.  

Samson – Dinar Guru  Article: “BAGHDAD’S SKIES ARE CROWDED WITH PLANES AND ITS GROUND IS A STAGE FOR CELEBRATION”

Pimpy – Diinar Guru  Yes this step is good.  They’re not on exotic currency list no more.  That means the currency is now stable and has the ability to be traded on Forex, which is what we want. 

Militia Man – Dinar Guru  You have an extension to a one day holiday with a long weekend attached to it.  You can’t make this stuff up…Basically national day extended for a week…  Sudani’s directive extends to manifestations of a celebration for a full … Continue reading →

Clare – Dinar Guru   Article 1:  “Al-Sudani on National Day: We put Iraq first in all our regional and international endeavors”  Article 2:  “The Prime Minister directs that Iraqi National Day celebrations continue for a week“

Samson – Dinar Guru   Article:   “THE PRIME MINISTER DIRECTS THAT THE NATIONAL DAY CELEBRATIONS CONTINUE FOR A WEEK“

Mountain Goat – Dinar Guru    Some of this cheap oil from the credited oil, will come to U.S. markets too and drastically drop the price at the pumps. This plan is finally going to be activated as all the components are … Continue reading →

Mountain Goat – Dinar Guru   Article:  “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN  ACCORDANCE WITH THE CONSTITUTION AND BUDGET.” …they referenced the new Iraqi constitution…this was the basis for HCL. They had to get the Oil … Continue reading →

Pimpy – Dinar Guru  Article:  “Central Bank:  We have convenient foreign reserves capable of defending the exchange rate”  This means you can help control when it goes up and when it goes down in value by using your own foreign reserves to … Continue reading →

Militia Man – Dinar Guru  There’s an article out that says CBI talking no discussion of exchange rate and there’s been a couple versions of it…A lot of people were pretty concerned and not liking this conversation.  But…you got to really think about … Continue reading →

Pimpy – Dinar Guru   Community comment:  “I think Sudani is corrupt, sorry.  I think he’s been holding this back the whole time.  There’s an article that says he’s rushing the parliament.  He’s rushing the COM and he wants to make an announcement only … Continue reading →

Clare – Dinar Guru  Article: “With Al-Sudani and Al-Maliki, Al-Amiri, Al-Aboudi, and Abtan are the most prominent candidates for prime minister” Quote: “political figures who have expressed interest in the position of prime minister within the two factions include Nouri al-Maliki, Mohammed Shia al-Sudani, Hadi … Continue reading →

Samson – Dinar Guru  Article: “Central Bank Governor: We have comfortable foreign reserves capable of defending the exchange rate“

Nader – Dinar Guru   Sudani is going to get elected again.  He’s doing a great job and we want him back in office.  Nobody’s like him for now.  Nobody can give us what we need.

Pimpy – Dinar Guru  Yes, they’ve been removed off the exotic currency list, but the one to pay closer attention to is the US currency monitoring list. This is the list they’re checking for currency manipulation   …When they monitor a country, they think … Continue reading →

Clare – Dinar Guru  Article: “The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate” Quote: “There is no talk or discussion within the Central Bank or the government about adjusting the official exchange rate for the dollar. … Continue reading →

Sandy Ingram- Dinar Guru   We have seen what other countries have done [with their currency revaluations].  We’re watching Iraq closely to determine what they may do.  [See Guru Sandy’s 4 country revaluation reviews below.]