Author Archives: The Dinar Observer

Sandyf – Dinar Guru   When the budget is ratified it will be published by the MOJ and will appear on their …The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually … Continue reading →

MilitiaMan – Dinar Guru  the main thing is, is that they tell us the budget will be applied retroactively for many many months.  Implementing that retroactively from the 31st tells you them stopping the auctions has all been timed…for this particular purpose … Continue reading →

Petra – Dinar Guru  This is the endgame.  This is what we’ve been waiting for…once that thing [the 2021 passed budget] is signed that is game over…it’s gonna be the last second and they’ll release the parade.  But they are officially … Continue reading →

Pimpy – Dinar Guru  Again I have to bring this up because people are asking me.  Again, no, there is no 1 for 1 exchange rate happening in Iraq.  That’s false.  I told you guys what that would create.  A huge large … Continue reading →

Petra – Dinar Guru  Guess who’s coming to Iraq in a couple days?  Barzani the head of Kurdistan…his deal is done.  He got his 13.97% which is a lot more than I thought he was going to get…he’s coming to town.  Why would … Continue reading →

MilitiaMan – Dinar Guru   Article:  “US-Iraq strategic dialogue to take place on April 7”  Quote:  “The relationship between the US and Iraq, including its military presence in the country, is based on a strategic framework agreement signed in 2008. … Continue reading →

Kaperoni – Dinar Guru  …There is no RV, it’s not how monetary policy works. All you have to do is read the IMF Article IV Consultation with Iraq to know there is no RV or change in the exchange rate expected…I assure … Continue reading →

Pimpy – Dinar Guru   Article:   “It will continue for five years and 600 pending procedures.  Allawi reveals the second part of the white paper”  This is the one article that people are a little bit confused about…for some reason … Continue reading →

Petra – Dinar Guru   Stopping the auctions…nobody wants to be on the bad side of the equation.  I consider it like hot potatoes…You didn’t want to be stuck with the hot potato when the music turns off.  The banks are feeling … Continue reading →

MilitiaMan – Dinar Guru  Article:  “The currency auction stops for a week as a result of banks’ fear of changing the dollar’s price”  They have enough dollar reserves to get them through until a new exchange rate is applied, hence the … Continue reading →

MilitiaMan – Dinar Guru  Will that rate leak out, maybe not? We shall see. There were articles to support that an exchange rate change is coming. The citizens are getting hammered in respect to goods services, pricing, etc…So, I feel comfortable knowing … Continue reading →

Pimpy – Dinar Guru   …there is a lot of chitter chatter going on with these middle eastern countries…there’s some concern about the current administration being in there…what they hope doesn’t happen is the same thing that happened under the O—- … Continue reading →

Pimpy – Dinar Guru  …It seems like every single day the exchange rate is in the news for one reason or another…just be careful about how you’re reading these things…all it is simplified is they’re trying to stop using dual currencies.  … Continue reading →

Dinar Investor – Jeff  Jeff Article “Parliament welcomes Al-Kazemi’s tour to Saudi Arabia and the Emirates: Iraq will return to its leadership role”  Kazemi is meeting with many different countries.  They’re working towards achieving their economic independence and economic stability.  They’re … Continue reading →

Pimpy – Dinar Guru  Question:  [How long would it take for international banks to reinstate out of country?]  What do you mean by ‘out of country’?  There is no ‘out of country’ or ‘in of country’.  When they redo the rate … Continue reading →

Pimpy – Dinar Guru  I know you guys were jumping up and down.  You heard rumors that the dinar had been changing in Iraq 1 to 1 and I told you that wasn’t true because if it was true then you … Continue reading →

Mike Cottrell – Dinar Guru  …I do believe we are very, very close…whether it is this weekend, next weekend or next month…I have no idea. I know they are running out of time if they want to get their books straight.  I … Continue reading →

Adam Montana – Dinar Guru   This anticipation is kind of getting to me.  Article quote:  “The House of Representatives voted today on the General Budget Law for 2021…”  We are ridiculously close to seeing some HCL info…WTI is currently in the … Continue reading →

Kaperoni – Dinar Guru   Yesterday, direct from the Finance Minister when referring to the exchange rate stated this… “The current price of the Iraqi currency against the US dollar after its devaluation will continue for a long time, and … Continue reading →

Pimpy – Dinar Guru  I do think it’s [dinar] going to rebound.  If they can keep stable with no issues and do away with as much corruption as possible like they’ve been doing and they start doing these private sector build … Continue reading →

MilitiaMan – Dinar Guru  Article Quotes: “Iraq is implementing its reform plans towards fiscal and monetary policy.“;  “his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund.”  Sounds good to me…But, we knew … Continue reading →

Breitling – Dinar Guru  You need to be prepared.  Taxes are going to go up.  They’re about to skyrocket.  It’s everybody who has made $200,000 on up.  Most of you are going to cover that when the dinar revalues.

Dinar Investor – Jeff   Anyone who put their primary focus on the budget fell right into their trap and was played for a fool.  Article:   “Parliament votes on the 2021 budget bill in full”  Remember I told you … Continue reading →

Pimpy – Dinar Guru  We know that some countries are holding on to large amounts of IQD – That I can validate.  I can tell you that’s for reals…70%-72% of the money is accounted for and not sitting in the hands of … Continue reading →

Pimpy – Dinar Guru   As they start accounting for where the dinars are and they’re doing that right now, you can understand the difference between trying to reinstate a rate where 85% of your currency might come back at you all … Continue reading →

Kaperoni – Dinar Guru  The 2021 Iraqi budget was voted on and approved today. They have recessed to April 10th. The minister of finance stated today that the exchange rate of the Iraqi dinar will stay at 1460. And in the future, … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Zain Cash launches a service to invite friends to register the permanent wallet”  Quote:  “One of its main services is the World Card MasterCard which operates in two currencies, a dinar and a dollar,”  This looks to … Continue reading →

Pimpy – Dinar Guru    People keep asking me what my opinion is on the whole dinar thing – will they take 4 years?  No.  I don’t think so.  That’s just my opinion though.  I think there’s plenty of reasons to watch the … Continue reading →

Brietling – Dinar Guru  Question: [The issue of the HCL or the Oil and Gas Law…Do you see this issue needing to be resolved before the value of the dinar increases?]   Nope.  They don’t need it.  Period end of story.  How does … Continue reading →

Sheila – Guest Guru   [IF it was going to happen or it has happened…IT WILL BE INTERNATIONAL NEWS. PERIOD.]  Yes, there is no such thing as an In Country Revalue. When this activates, it’s in a flash – FOREX.