Author Archives: The Dinar Observer
Dinar Investor – Jeff
Dinar Investor – Jeff Article: “The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment” …this level of news right now is walking you into September …the rate change is married … Continue reading
Kaperoni
Kaperoni – Dinar Guru A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally … Continue reading
Pimpy
Pimpy – Dinar Guru …I have a feeling this is going to be a really big month for us. There’s a lot of things that are popping up that seem to be pointing to this month being a big month. What that … Continue reading
Delta
Delta – Dinar Guru …the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can’t have any trust in your country if you don’t raise the value first. And … Continue reading
Breitling
Breitling – Dinar Guru …they’re worried about regionally having a currency that’s valued too high. The pressure cooker they’re in is that they need to add value to their currency otherwise they’re going to go broke. If they add too much … Continue reading
Breitling
Breitling – Dinar Guru …Take for example the United States and Mexico. How much is their peso worth. Look at Canada…If Iraq is international they could have a huge high price. But if they’re going to be local for right now, … Continue reading
Dinar Update
Dinar Update – Reports are coming in from Dinar buyers that some large currency brokers are out of dinar stock. I made a pass through several dealer sites – some are showing they have dinar for sale, some are showing they’re out. Buyer Beware – … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow” It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru The IMF has had recent meetings with the” Crisis” Emergency Cell on currency reforms and the modalities or treatment if you will, to cure the current crisis. There will be follow up meetings too. Kinda like a … Continue reading
Kaperoni
Kaperoni – Dinar Guru If you want to see the Iraqi dinar go up in value which I assume you do…the only way it’s going to go up in value is when Iraq’s private sector economy grows. Only then will Iraq … Continue reading
Pimpy
Pimpy – Dinar Guru Here’s a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people … Continue reading
RVAlready
RVAlready – Dinar Guru With Iraq in miserable economic shape, I think the RV will be sooner than later. I would think that October would be pretty disastrous for them.
Mike Cottrell
Mike Cottrell – Dinar Guru I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
Pimpy
Pimpy – Dinar Guru …we are already done with round 1 [U.S. – Iraq – U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, ‘What does that mean? They kicking the can down … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Loaded with different materials … Transport announces the reception of 11 ships within three days” They didn’t just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 … Continue reading
Pimpy
Pimpy – Dinar Guru they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors … Continue reading
Dinar News Flash
Dinar News Flash The news is flooding in…Iraq’s new prime minister has done what no other prime minister in the last 10 years has been able to do. Iraq’s parliament voted and seated the last 7 ministers of PM Al-Kazemi’s government. If … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Member of Parliamentary Finance: The country’s financial situation is very critical and we are working to get out of the crisis” Another reiteration of what is going on. But, Al-Nassery just told us what he is … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff Article “Parliament passes vacant bag candidates and succeeds in completing the Al-Kazemi government” They have completed the full formation of the government. But remember I told you there were two things needed which are the linchpin. Two … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “INCLUDING STOPPING THE CURRENCY AUCTION AND CHANGING THE DINAR PRICE .. 5 DEPUTIES PRESENT PROPOSALS TO BRIDGE THE BUDGET DEFICIT” …this is one of those WOW articles. …these are members of the House of … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff …we’ve got a lot going on. The news is red-hot…we’re probably around the second half of June…This thing is coming upon us. We’re at the very end of it.
MilitiaMan
MilitiaMan – Dinar Guru Article quote: “The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation” There is no stopping this now from the looks of it. All has been coming together and … Continue reading
Kaperoni
Kaperoni – Dinar Guru A couple of great news articles this week… 1 an opinion piece on changing the dinar exchange rate. The other seems to be recommendations from the parliamentary finance committee today including floating the dinar.
Mountain Goat
Mountain Goat – Dinar Guru …they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “After Coming Under Heavy Criticism…The Central Bank Stops The Currency Auction” Now add in the meeting with Alak and the President on financial ongoing’s. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is … Continue reading
Adam Montana
Adam Montana – Dinar Guru These topics will get you up to speed on “the rest of the story” quickly: 1. Kazemi-Kazammi is not a Kurd, he’s not “one of them”, but the Kurds are supporting him. This has monumental potential: … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff …there’s two things they got to do for the rate change. – 7 ministers of the cabinet. – Complete that agreement with Kurdistan and sign off on it. They’re most likely to complete those the same week. The … Continue reading
Adam Montana
Adam Montana – Dinar Guru …After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he’s seriously kicking butt! We don’t have an HCL agreement (yet), so we … Continue reading
Breitling
Breitling – Dinar Guru …Iraq is so on the edge of adding value to their currency. I’m waiting for more information coming in.