Author Archives: The Dinar Observer

Pimpy – Dinar Guru   This whole arena, everything is speculation…Just because I don’t always agree with the other youtubers that doesn’t mean I’m after them.  I just don’t agree.  We won’t always agree on stuff.  Some of you guys believe … Continue reading →

Breitling – Dinar Guru   Question:   [Since Iraq has devalued the dinar why would they turn around and add value to the dinar so quickly or is the process to add value still a long way off?]   Nope, they can … Continue reading →

Dinar Investor – Jeff   Article: “Current Iraqi Dinar Peg Will Continue For Next Four Years”  This article is very negative for us because this gentleman works from within Iraq Central Bank and he’s saying that the Iraqi dinar value (the peg) … Continue reading →

Pimpy – Dinar Guru   Obviously there is some news out there that people are concerned about and losing their mind over…  Article:  “Current Iraqi dinar peg will continue for next four years”  Let me tell you one thing.  The last … Continue reading →

Pimpy – Dinar Guru   Is this set in stone?  No.  Is it possible instead of waiting 4 years they might change the exchange rate before then?  Yes.  There are other factors out there that can cause them to change it ahead of time…they might be … Continue reading →

Breitling – Dinar Guru   Question  [I heard Iraqi dinar are being exchanged for U.S. notes.  Please explain the difference between U.S. notes and U.S. dollars.]  There is none.  It’s just preference on what people call the U.S. dollar.   A U.S. note … Continue reading →

Pimpy – Dinar Guru   Parliament…they want this rate change restored and they’re willing to make life hell for getting the budget passed.  Here’s what happens – the parliament can’t control the rate change.  That’s the CBI.  What parliament could do is … Continue reading →

Dinar Investor – Jeff   The budget – because of what’s in it Article 140, HCL oil and gas law those items make the budget married to the rate change.  When you see Iraq kicking the budget can down the road they’re simply … Continue reading →

Breitling – Dinar Guru   Question:   [If Iraq does nothing to increase the dinar in this year’s budget do we have to wait another year?]  No and it has nothing to do with their budget.  This is where people have problems.  They … Continue reading →

Dinar Investor – Jeff   Article:  “Parliamentary Finance resolves the controversy: There is no request to reduce the exchange rate”  This article is telling you they want to keep the rate exactly where it’s at at the request of the central … Continue reading →

Pimpy – Dinar Guru   What happens if they do change it to the $3.22 rate?  What do you mean what happens?  There’s a whole lot of us would be high-fiving, doing the pee-pee dance.  Think about what bills we want … Continue reading →

Dinar Investor – Jeff   This year you will not see a 12-month annual budget drafted or brought forward from Iraq.  Because Iraq is not doing a budget they will not be changing the rate at this current fiscal period we’re at … Continue reading →

Kaperoni – Dinar Guru  There were many conflicting articles last December when the Central Bank of Iraq devalued the currency to 1460 to $1. It turns out they actually floated the currency for a short period of time…  Article quote:  “Under … Continue reading →

Dinar Investor – Jeff   Article:   “Legal expert: Parliament legislation is not binding on the central bank“  Parliament cannot do anything with the exchange rate.  Decisions on the exchange rate can only be made and decided by the central bank…

Pimpy – Dinar Guru  Article:   “We will oblige the government to restore the exchange rate of the dollar to what it was previously” What do they mean “previously”?  Did they mean previously to the $3.22 rate?  There’s a lot of that … Continue reading →

Mountain Goat – Dinar Guru   Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as … Continue reading →

Breitling – Dinar Guru  Where does my math come from?  My math comes from calculating on their debt plus 4% GDP growth.  In other words they get rid of their debt and they have enough money to get their economy running and … Continue reading →

Pimpy – Dinar Guru  I know you guys hearing all kinds of rumors out there that in country they’re already exchanging at 1 to 1.  That’s not true.  There’s no evidence of that whatsoever…

Dinar Investor – Jeff  This weekend nor the month of April Iraq isn’t going to do anything with the budget.  They can’t.  Iraq’s not going to do anything with the exchange rate because it’s the Central Bank that calls the shots.  They’re … Continue reading →

Mountain Goat – Dinar Guru   What are the CBI plans? As I promised I would I contact my source in the Central Bank of Iraq (CBI) this past weekend. Today I wanted to come on and tell you want I … Continue reading →

Dinar Investor – Jeff   Article:  “Kurdish Parliament: A new round of talks for the Kurdish delegation in Baghdad next week”  For the rate change to even happen, at a minimum, Kurdistan and Baghdad have to reach full an agreements on the … Continue reading →

Sheila – Dinar Guru   Article:  “Al-Saffar: Political disputes have delayed approving the budget”  My opinion is the budget is done – everything is done. All these articles are just theater… pushing for time until they get the “good to go”.

Pimpy – Dinar Guru   There is a political block…that is refusing to vote.  They’re boycotting unless the rate change is in there  [The 2021 budget].  But what they’re demanding is it be restored to…1190 for one dollar.  Some people thought that meant … Continue reading →

Dinar Investor – Jeff   There’s conflicting news…you have some articles telling you that everything’s kosher between Kurdistan and Baghdad and that they can resolve their differences and complete the budget next Sunday.  Then you had another article telling you no no … Continue reading →

Adam Montana – Dinar Guru   I’ m going to run through this one pretty quick, because it’s very simple to explain.  That’s a good thing. Simple = easy to conclude, which also translates loosely to “soon”!  OIL is slightly lower than in … Continue reading →

Adam Montana – Dinar Guru  The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved… the fact that there are now disputes, that are tied to the oil … Continue reading →

Pimpy – Dinar Guru  I do expect they’ll go back sooner or later to that fiscal period from the beginning of April all the way through March.  Could it be this time around?  Maybe.  That’s why they’re stalling?  Could be.  But where … Continue reading →

Dinar Investor – Jeff   Back in 1973 the value of the dinar against the dollar was $3.37…Iraq is the wealthiest country in the world…Iraq’s worth more money than Kuwait…[The reason] Kuwait has the highest value currency in the world is when … Continue reading →

Pimpy – Dinar Guru   This is March 20th.  Today was supposed to be the big day.  What did these other youtubers say? ‘Boom!  Before you know it the budget was going to change.  We would get the big rate change and we’d … Continue reading →

Dinar Investor – Jeff  Article: “Parliamentary Finance: There’s is no adjustment of the exchange rate in the budget”   This article is China syndrome…in the past right before China reinstated or revalued the currency as well as Kuwait, both of them put … Continue reading →