Author Archives: The Dinar Observer
Dinar Investor – Jeff
Dinar Investor – Jeff One of the things we’ve guesstimated in this is that They would most likely change the rate specifically over a holiday…here’s the next holiday in Iraq – Sunday March 21, 2021.
Mountain Goat
Mountain Goat – Dinar Guru Article: “LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS” Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need … Continue reading
Frank26
Frank26 – Dinar Guru Article: “Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month.” Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: “to restore the unfair decision agains the … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure.” Lets see … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming…Kinda like, hey world we are resetting the system, rebooting…Then we resume like nothing … Continue reading
Dinar Invester – Jeff
Dinar Invester – Jeff the news that’s coming out is finally getting better and it’s really what we’re looking for…In Iraq the citizens technically own the oil. They’re entitled to a percentage of the profits and proceeds from oil…Iraq’s already … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “KHAS…AL-RAFIDAIN BANK (LARGEST IRAQI BANK) LEAVES ARTICLE SEVENTH” many gurus are confused over this article. We are really taking about Chapter 7 not article 7. Currently the CBI is operating under article 14 and needs to … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru I don’t believe they’ll go out and float it [the dinar] this early on [after rate change]. If they stick to having it fixed going into the future it will help contain the inflation…
Dinar Investor – Jeff
Dinar Investor – Jeff They [Iraq] are gonna have two sets of notes in circulation. They’re gonna have large notes and small notes…two sets of notes will coexist together utilizing the same exchange rate…this is just an example. Let’s say the … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “The Iraqi government expects a rise in foreign reserves of $4 billion by the end of February” this is a good thing…quote “according to the immediate office of the Prime Minister that the foreign exchange reserves … Continue reading
Breitling
Breitling – Dinar Guru [Question: What comes first – Does Iraq need to build their economy in order to increase the rate or does Iraq need to increase the rate first?] Iraq needs to increase the rate first to build an economy.
Mountain Goat
Mountain Goat – Dinar Guru Article: “OIL DEMAND EXPECTED TO PEAK AND $150 PER BARREL PRICE EXPECTED” …the price of oil does affect the budget and the rate at which the dinar will revalue at. Remember that there is going to be … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff Iraq is walking in Kuwait’s footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday…Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They’re going back to … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …I think the endgame is near. I think we’ve got a convergence…I’m very excited by what we’re seeing…
Mountain Goat
Mountain Goat – Dinar Guru Yes, there is hope for an RV sooner than later but the Iraqi 2021-2022 budget will have to be passed first and that is not even scheduled to later this week…
Breitling
Breitling – Dinar Guru [Question: Can you tell us if we’re still in a good place with this investment? Just wondering since Biden undid some of the things Trump put in place. Did this help this investment or hinder it?] It didn’t … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to … Continue reading
BobTheTaxMan
BobTheTaxMan – Dinar Guru We’ve had a change in our presidential administration. And yes we’ve seen already him step forward and make some pretty drastic changes…one of the things I want you to be aware of you always have … Continue reading
BobTheTaxMan
BobTheTaxMan – Dinar Guru Even though you may have put a plan together earlier it would still serve for you to reconsider that because the estate taxes have changes. The income taxes have changes. There are so many things that … Continue reading
Breitling
Breitling – Dinar Guru [Question: What do you think the dinar can revalue at if it revalues in the next few months…Is March/April still the target date for revalue?] …It’s between .55 and .66 cents. .55/.66 cents was before … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation” Quote: “Without disclosing the purpose of the visit, which had not been announced previously.” [Perhaps they are there as part of … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff When the rate does change Iraq will…have large 3 zero notes and smaller notes…the lager 3 zero notes and the new smaller notes are all still being as IQD. Nothing is replacing anything. Nothing is being … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?…” Quote: “It was also “expressed” in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Mazhar Salih: Iraq is on the brink of economic recovery” Yeah, just that quick. Magically what are we seven weeks into the year – we went from having huge deficits to now we’re already … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Parliamentary Finance Explains The Reasons For The Delay In Paying Employees’ Salaries” Quotes: “salaries will not be delayed this month or the coming months and they are fully insured.” ; “…the delay that accompanies the … Continue reading
Pimpy
Pimpy – Dinar Guru …something is definitely happening… March seems to be the month. What “it” is I’m not 100% sure. I’m monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff Article: “Mazhar Salih: Iraq is on the bring of economic recovery” …He’s the former number 2 man of the central bank…when the central bank talk that’s when you listen…I told you from when Iraq completed … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …from the articles out about the White Papers and having the extreme pressure to alleviate the pain of 1460…The change to another era is just as important now than ever. In my view, there is no … Continue reading
Breitling
Breitling – Dinar Guru [What if we would have our money into bitcoin instead of IQD?] …I’m not against cryptocurrencies. It’s a great way to store value. But there’s a huge risk here…What adds value to the bitcoin? No body … Continue reading
Breitling
Breitling – Dinar Guru There is a whole group of people that plan on storing their wealth in cryptocurrencies for the rest of their life. I can promise you it’s not going to happen. Sooner or later it’s going to … Continue reading