Author Archives: The Dinar Observer

Dinar Investor – Jeff   Article:   “To the executive branch to the Central Bank of Iraq”  This article is not from the Central Bank of Iraq…you can only trust and believe what the central bank tells you.  Not these other … Continue reading →

Pimpy – Dinar Guru  Article:   “To the executive branch to the Central Bank of Iraq“.   Quote:   “the new exchange rate is required for the Iraqi dinar towards U.S. dollar which is 1 dinar equals 1 U.S. dollar.  That … Continue reading →

Pimpy – Dinar Guru  …I don’t mind a 1 for 1 rate but you definitely don’t want them to lop off the zeros and devalue the currency that we are holding…we want the zeros removed off the rate.  Quote:  “…work in … Continue reading →

Dinar Investor – Jeff   Article:  “The Iraqi Parliament talks about the government’s presentation of a “new budget” in the coming months”   Iraq’s telling us they’re probably going to finish their budget by sometime next week.  So if they’re going to finish their … Continue reading →

MilitiaMan – Dinar Guru   Articles:  “The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget” ;    The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil”  It looks to me like they … Continue reading →

Pimpy – Dinar Guru    Article:   “Saleh: High oil prices will push the government to prepare a supplementary budget”  I already heard some of the gurus out there thinking that this is something to do with changing the rate…IMO nowhere on … Continue reading →

MilitiaMan – Dinar Guru   Article quote:  “An economist warns of a decline in the citizen’s purchasing power as the dollar’s exchange rate continues to rise”   …a move to the private sector is upon Iraq…If not disaster looms… We see … Continue reading →

Dinar Investor – Jeff   Since December to now, mid-February, both the World Bank and the IMF have shown their face more than they have before. Why?  It’s because both the World Bank and the IMF are bringing Iraq to the finish line…both … Continue reading →

Frank26 – Dinar Guru    Article:  “Iraqi government to begin implementation phase of the white paper for economic reform”  What’s in the White Papers IMO?  A rate…those that are coming in that are going to rebuild economically the country of Iraq you think … Continue reading →

Mountain Goat – Dinar Guru   Article:  “AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER”   did you read it? I quote “FORMATION OF A COMMITTEE … Continue reading →

Dinar Investor – Jeff   This is not pegged to our calendar.  This is pegged to God’s Hebrew calendar.  Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq…that 90-day step ends … Continue reading →

Dinar Investor – Jeff    December 20th is when they officially started the reforms by devaluing the currency.  Why did Iraq devalue the currency?  That was a directive and a requirement by the IMF and the World Bank to reduce the 3 zero … Continue reading →

MilitiaMan – Dinar Guru  The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and … Continue reading →

Dinar Investor – Jeff   Who should we be listening to?  The only group you should be listening to is the CBI…the CBI has put out many articles where they said they’re going to delete the zeros (meaning change the rate) at the … Continue reading →

Mountain Goat – Dinar Guru   Remember…this year the Kuwait compensation will be all paid up and completed. This frees Iraq from any war time debt owed…

Dinar Investor – Jeff   …Is there any news we should be aware of?  Is anything major happening that’s critical?  The answer is you’re seeing the last final step right before your eyes.  It’s the ’21 budget…I’ve already told you when their fiscal … Continue reading →

Pimpy – Dinar Guru  Article:  “The price of a barrel of Brent crude oil reaches $62.34”   It seems like it’s going up about a buck or so every couple weeks.  This is good.  Keep on going up.  I know we want Iraq … Continue reading →

MilitiaMan – Dinar Guru  …Taxes and Tariffs, Liquid Natural Gas, Tourism, Phosphates, Sulfur, Gold, and on an on, will support their REER (Real Effective Exchange Rate)!! Big time…imo…

Mountain Goat – Dinar Guru …as far as I know, the only way they can pay for imports if they cancel the currency auctions is to use the dinar. If they use the dinar it will have to be globally tradable. … Continue reading →

MilitiaMan – Dinar Guru   There has been some good things happening.  What we believe that we’re seeing is a change that’s being presented on foreign currency sites that shows some support for what we’ve been talking about…what the IMF…the … Continue reading →

Mountain Goat – Dinar Guru   …I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This … Continue reading →

Mountain Goat – Dinar Guru  …another tip for us is to watch what the GOI is about to do with the collections of the customs and tariffs. They have told us there is an electronic service to be used for this … Continue reading →

Mountain Goat – Dinar Guru  I have told everyone so many times already that the VERY BEST time for the CBI too reinstate the dinar is at the beginning of a new fiscal year. The fiscal year begins in January. They have no … Continue reading →

Mountain Goat – Dinar Guru   The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with … Continue reading →

Petra – Dinar Guru   I want everyone to understand that they are throwing around a lot of confusion.  A huge amount of confusion…I believe we are in the end days of this…

Walkingstick – Dinar Guru  Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.

Petra – Dinar Guru    Last Monday who was in Iraq ?  Everybody!  The UK .  The IMF.  The GCC.  The IGBC.  Everybody and their mother was in Iraq last Monday.  Did we hear what that was all about?  No…obviously they were … Continue reading →

Mountain Goat – Dinar Guru …we must go back to what we know for sure. The CBI confirmed that the Bona service will be launched on the tenth of February. …Bona is a platform that provides real-time clearing and settlement services for cross-border … Continue reading →

Dinar Investor – Jeff   This news is red hot.  Article:   “The World Bank: Iraq is experiencing its worst crisis since 2003…We put a large financial portfolio for it – Urgent”   …The World Bank just came out this morning releasing … Continue reading →

MilitiaMan – Dinar Guru   …BUNA is to go live on the TENTH.. The CBI has a new digital system they launched. The CBI states they have approved the new exchange rates. Well the first one was done already, the next rate … Continue reading →