Author Archives: The Dinar Observer
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Kurdistan government approves the Baghdad proposal to settle the financial situation” We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They … Continue reading
Pimpy
Pimpy – Dinar Guru When Al-Kazemi got into office I was hoping he’d be whipping butt. But I had no clue that this guy was going to accomplish what he’s accomplishing and he’s done it all in such a short period of time… … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Under royal directives, the Saudi ambassador returns to work in Baghdad” Quote: “Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru We know the CBI printed 4 trillion dinar in April. They didn’t print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia” …The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq’s electricity dealings yesterday…The energy is … Continue reading
Pimpy
Pimpy – Dinar Guru …when I say Iraq or Vietnam are a long term investment you’re misunderstanding what I’m saying so I want to clarify this. I’m not talking about their currencies. I think the currencies are gonna change really quick here. … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end…The REER should follow in very short order. (Real Effective Exchange Rate) One … Continue reading
Frank26
Frank26 – Dinar Guru …ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: “A proposal on the government table to face the parliamentary economic and financial crisis warns!” Quotes: “raising the dollar exchange … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “EMERGENCY CELL TO BE FORMED TO REVIEW FINANCIAL REFORM TO MANAGE THE CURRENT FINANCIAL SITUATION AND FIND THE REMEDIES AND SOLUTIONS TO OVERCOME THE COUNTRY’S COMPLEX ECONOMIC CRISIS” …there were 9 pillars of reform … Continue reading
Pimpy
Pimpy – Dinar Guru …I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before…the big holiday which is coming up here real soon. … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES” This printing of money is not good for us investors. It shows us they … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …today…nothing but URGENCY and ACCELERATION, in respect to reforms… The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc… It includes the citizens … Continue reading
Angel1
Angel1 – Dinar Guru …an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We’ve known that. But they said something brand new that we didn’t know…they are ready to disperse … Continue reading
Pimpy
Pimpy – Dinar Guru …I’m really really starting to like this Prime Minister al-Kazemi…The more I read about him the more I really like this guy…he is cracking down on corruption over there in Iraq…al-Kazemi is no joke whatsoever. This … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]…letter he recieved. Can he get the … Continue reading
Kaperoni
Kaperoni – Dinar Guru [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
Pimpy
Pimpy – Dinar Guru …a lot of you finally calmed down over those articles about Iraq wanting to devalue their currency…I told you don’t worry about what the articles say, these are economists making suggestions. We’ll see what they do. … Continue reading
Delta
Delta – Dinar Guru …It’s a very high possibility that we might really see something from the Central Bank of Iraq this week…all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, … Continue reading
Pimpy
Pimpy – Dinar Guru …There’s an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you’ll get somewhere between 1200 to 1400 dinar for every dollar. That’s going in … Continue reading
Pimpy
Pimpy – Dinar Guru I had a feeling…that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “…Al-Kazemi intends to replace most of the heads of the 25 independent bodies” … I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates…they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed … Continue reading
Mike Cottrell
Mike Cottrell – Dinar Guru people ask me when is the RV going to happen …I do not know …There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Central Bank of Iraq signs a banking arrangement document with the World Bank” Quote: “It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff …they just have an explosion of economic articles. They really didn’t talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff …there’s a new pattern here that started since they finished the formation of the government. Pence went straight into saying hey now it’s time for Iraq to get their reforms launched and implemented …they put their economics on hold … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR” Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament … Continue reading
Delta
Delta – Dinar Guru Article: “3 options top the measures to confront the economic crisis .. What is the story of private budgets?” Quotes: “There are measures that must be taken to face financial distress other than internal borrowing or prejudice … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff Article “Parliamentary committee determine options to address financial distress“. Quote “…noting among these options is changing the exchange rate…and stopping the currency auctions…he called on the government to accelerate the transition of the budget in … Continue reading