Author Archives: The Dinar Observer

Petra – Dinar Guru   …when they made that move [devaluing the currency] the clock started.  And that clock is ticking down fast.  Because they can’t stay at that rate much longer.  That’s the biggest key to me.  They’ve got to drive … Continue reading →

Mountain Goat – Dinar Guru  …if you are under the impression (or assumption) that passing the 2021 budget is going to get you some RV…There is no new RV rate in the budget. BGG ~ Which is ironic, since, for the … Continue reading →

MilitiaMan – Dinar Guru  Article quote:  “Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries.”   Iraq didn’t get loans in the recent … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system”    The push is on imo… They don’t have much time between now and the mid month January time … Continue reading →

Adam Montana – Dinar Guru  Iraq just changed the rate. Granted, it was the wrong way… but they are already talking about changing it again. You don’t need me to tell you where this is headed. Hang tight, friends!

Mountain Goat – Dinar Guru   Article:  “BAGHDAD’S CURRENCY DEVALUATION LIFTS LID ON IRAN’S EXPLOITATION OF IRAQI RESOURCES”   Here it is in black and white…I quote from the article: “The DECISION TO DEVALUE THE IRAQI DINAR AGAINST THE US DOLLAR HAS … Continue reading →

Adam Montana – Dinar Guru   HCL talks, agreements between Kurds and Baghdad, increasingly rapid progress – all happening right in front of us. I’m…excited to see what’s next.   GO RRRVVV!$!$!$!$!

Mountain Goat – Dinar Guru   Remember from previous years we are not yet dead on the idea that a reinstatement could happen in the first quarter until they open the budget without it happening…Let’s watch for the 2021 Iraqi budget … Continue reading →

Pimpy – Dinar Guru    they’re already talking about the rate change again.  Will it happen?  I don’t know.  It’s only talk…The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no.  They want to … Continue reading →

Mountain Goat – Dinar Guru  Article:  “THE DEVALUATION OF THE DINAR IS THE BEGINNING .. “PAINFUL” STEPS AND A DIFFICULT YEAR FOR THE IRAQIS”   Yes, the devaluation is a necessary “painful step” . Like I said it is a step in … Continue reading →

Breitling – Dinar Guru   It’s a policy based investment.  If you’re watching the local markets in Iraq and trying to figure out where the value is coming from you’re never gonna get it because that’s not how they think in … Continue reading →

Adam Montana – Dinar Guru   We don’t have an RV yet, but it isn’t hard to see this coming quickly.  Rate change – done, overnight. A flick of the switch, and …the rate changed. It will happen just as suddenly when they shock the … Continue reading →

Pimpy – Dinar Guru   Article “After the central bank was hit by a surprise… Iraq may move to change the dollar exchange rate“.  But this time in the right direction!  Not the other way around.  We’re talking about increasing the value of … Continue reading →

MilitiaMan – Dinar Guru  They are now telling us…that they are de dollarizing and will be heading to use digital dollars in the future for tracking…Transparency. …Well if we look at the Auctions lately and even today, proves they show … Continue reading →

Pimpy – Dinar Guru  Article: “Parliamentary Finance: This is the date for the budget debate session”  According to the constitution the cabinet members look at a budget.  They pass the budget and then it goes to the House of Representative where technically … Continue reading →

Adam Montana – Dinar Guru    Article quote:  “The legislative procedures to complete the federal budget law may take from 20-30 days, and that the council will begin the first reading of the draft law early next January.”   2021 Budget.   20-30 … Continue reading →

Breitling – Dinar Guru  If you look at the Saddam Hussein era the currency was worth $3.25 cents…How many people were buying Iraq’s energy?  It was a lot but it’s not as much as it is today…$3.25 with less customers!  You … Continue reading →

Breitling – Dinar Guru  This last year they kept talking about adding value to their currency and complying with what Trump’s trying to do…the next thing you know they devalue it.  What are they doing?  They’re trying to negotiate because they’re on the … Continue reading →

Kaperoni – Dinar Guru   Changing the exchange rate has reduced demand on dollars.  This is the result of a 22% reduction of the dinar exchange rate which made the dollars cost 20% more in Iraq…

Mountain Goat – Dinar Guru   So, the questions on everyone’s minds are: 1) will we get the reinstatement in early 2021?  2) has the CBI truly been planning for this event…?  Well…to answer these questions…the CBI is, in fact, planning to reinstate … Continue reading →

Mountain Goat – Dinar Guru   What are my feelings if this reinstate will happen in early January 2021?   If you look on the surface and didn’t know any better you would say Iraq is in chaos and the economy is … Continue reading →

Breitling – Dinar Guru  There is a misunderstanding with Iraq.  What is it is they’re doing and how specifically are they doing it?  …The parliament, the Minister of Finance, the Ministry of Planning and the CBI they’re all talking about adding value … Continue reading →

Dinar Investor – Jeff  …what they’re doing is injecting more U.S. dollars into Iraq’s economy that when the rate changes they have dollars instead of dinar…when the rate does change they have take their dollars into the bank for dinar.  It’s … Continue reading →

Mountain Goat – Dinar Guru   …The recent devaluation is hoped to accomplish the following: 1) limit the currency auction theft; 2) collect the other 30% of the three zero notes, 3) cause the citizens to buy US dollars by speculating that … Continue reading →

Mountain Goat – Dinar Guru   I want everyone also to remember they have not forgotten about the 3 zero notes that we hold. They must also collect these notes too. This is part of the project to delete the zeros. We have … Continue reading →

Breitling – Dinar Guru   They want to add value to their currency…They want to be able to participate in the markets.  They want to diversify.  They want to get out of the oil markets.  They’re stuck.  What are they going to … Continue reading →

MilitiaMan – Dinar Guru  I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as … Continue reading →

Dinar Investor – Jeff    CBI’s website…1460 dinar equals 1 U.S. dollar…This was planned by design.  Here’s the two reasons. 1.  …to squeeze more of the 3 zero notes out of the citizens…  2.  …a lot of the dinar actually does go to … Continue reading →

Dinar Investor – Jeff   Article:   “The Iraqi Council of Ministers approves the 2021 Budget”  They told you it’ll take approximately 45 days for parliament to approve it and they told you it won’t be approved until February.  Everything’s right on … Continue reading →

Pimpy – Dinar Guru   Article:  “The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars”  We’re seeing an appreciation of the dinar.  What I mean by that is they set the rate at 1 dollar … Continue reading →