Author Archives: The Dinar Observer

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 →

Pimpy – Dinar Guru  There’s some things people are getting overly excited about…the budget could it be getting voted on?  That’s the rumor.  We’ll see.  Article:   “Parliamentary Finance: The budget is ready for voting, with the exception of a … Continue reading →

Pimpy – Dinar Guru  …Will they pass the budget this weekend?  Many of us want to see the budget get passed so we can see if indeed there’s any changes to the exchange rate.  It’s my feeling even if there is one … Continue reading →

Dinar Investor – Jeff   Article:  “Deputy: Agreement to pass the Federal Court law today and pass the budget Saturday”  Pass the budget Saturday…4 weeks ago I told you you were not going to see the budget until Saturday the 20th.  Boom!  … Continue reading →

Pimpy – Dinar Guru  ‘You have to have a humanitarian project‘ – Where is that officially announced?  Where it that written that in order for you to exchange your currency that you legally bought, legally own, is legal tender, where does … Continue reading →

Dinar Investor – Jeff    Article:  “vote on budget bill will be postponed until after Newroz holiday: Iraqi MP” …I fully believe they’re still hiding the figures…I told you they might push this possibly until after Sunday the 21st…if they were … Continue reading →

Dinar Investor – Jeff   Article: “Kurdistan Regional Government announce the suspension of official working hours on the occasion of Nowruz holiday”  This is a federal holiday – country wide…Don’t let them fool you.  It’s not just a holiday.  There’s bigger things happening … Continue reading →

MilitiaMan – Dinar Guru  Article quote:  “Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible.” …talk about the postponement of the Federal Budget … Continue reading →

Pimpy – Dinar Guru  …you get people out there saying, ‘Hey, I’m going to get you a special contract rate.’  Does that make sense to you?   You think there’s a contract that some group of people are going to get … Continue reading →

Dinar Investor – Jeff   What’s the #1 thing that they’re hiding from you….?  It’s the budget…why is the budget so important?  What does it mean?  What does it signify?  The reason I put a linchpin on it is because the budget itself is the … Continue reading →

Mountain Goat – Dinar Guru   Article:  “MEMBER OF PARLIAMENT: PARLIAMENTARY SIGNATURES SUBMITTED TO RESTORE THE DOLLAR’S EXCHANGE RATE”   More pressure but many of these PM also want the project to delete the zeros and not just to go back to 1200 … Continue reading →

Pimpy – Dinar Guru  Stay away from anybody that gives you a date, anybody who give you a rate.  The best anybody could do is speculate.  Some people take a more educated stab at that date and rate…some people are just farting … Continue reading →