Author Archives: The Dinar Observer

Pimpy – Dinar Guru   …What’s going on?  Iraq to change the dinar rate???  We’ve been here before and they’re talking about it again…a lot of you already know about this chitter-chatter…  Article: “Parliamentary Committee determine options to address financial distress”.   Quote:  “…among these … Continue reading →

Pimpy – Dinar Guru      We don’t know what rate it’s gonna  be… I still think the sweet spot is between $1.13 and a $1.34.  Don’t get me wrong I’ll take higher than that but it makes sense to me in order for … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis”   Quote:  “…in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing … Continue reading →

Mountain Goat – Dinar Guru   Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.

MilitiaMan – Dinar Guru  Article: “The economic crisis” at the table of Al-Kazemi and the World Bank”  The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the … Continue reading →

Pimpy – Dinar Guru   Article:   “Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy“.  Wow…what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq?  Yep, you guys are thinking … Continue reading →

Dinar News Update –  The Central Bank of Iraq’s website is down again this morning.  “Service Unavailable:  The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later.” The CBI website has been … Continue reading →

Pimpy – Dinar Guru   Article:   “Parliamentary Finance:  The budget will be semi-annual and will be allocated to 3″ Quote “the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual.”  Hmmm very very interesting.  If … Continue reading →

Pimpy – Dinar Guru  …all kinds of fun things are happening. One thing I can say about al-Kazemi…this guy is not playing around…he’s already snapping his government together and he’s still pushing for the remainder of the cabinet positions to be … Continue reading →

MilitiaMan – Dinar Guru   Article quote:  “…the Prime Minister and the First Deputy Speaker of Parliament are quick to remedy the problem and it will be solved very soon and will not be prolonged until tomorrow, Sunday…”   …we can see … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION”   …now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI … Continue reading →

MilitiaMan – Dinar Guru  The new PM has a very serious and a professional back ground and some serious issues to tackle…The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. IMO…we … Continue reading →

Kaperoni – Dinar Guru   …Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.

Dinar Investor – Jeff  …For the entire month of May there is only one day that qualifies for the rate change to even be able to happen…large rate changes can only occur over a period time when all financial markets … Continue reading →

MilitiaMan – Dinar Guru   Article quote:  “…the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available”  Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or … Continue reading →

MilitiaMan – Dinar Guru  They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will … Continue reading →

Dinar News Flash  Iraq has a new Prime Minister…(sorta)!  PM Al-Kazemi and 15 of his ministers given a vote of confidence.  This is fantastic news for the stability of Iraq and the dinar.  The very important Minister of Defense and Interior … Continue reading →

Mountain Goat – Dinar Guru   Don’t worry what the exchange rate of the dinar is in Iraq.  …The CBI will limit the exchange rate in Iraq for reasons I will not get into today. We are ONLY concerned with the rate on … Continue reading →

Dinar Investor – Jeff  …this is my opinion – the last remaining seven ministers most likely will not be needed or required for the rate change… Pompeo Tweet “…Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the … Continue reading →

Kaperoni – Dinar Guru  Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow.  The only thing … Continue reading →

Adam Montana – Dinar Guru    DJIA, S&P, GOLD, pretty much everything is up, including OIL…and that is music to our ears!  Over in Iraq, we have a “still waters run deep” situation… do you remember all the ruckus that was in … Continue reading →

Dinar Investor – Jeff  …they are not going to vote on the formation of the government until 9pm tonight…right now it’s about 4:05 pm in the country of Iraq.  We have roughly another 5 more hours to go… (They passed the … Continue reading →

Mountain Goat – Dinar Guru   …So the prospects of an RV sooner than later are good. …I want everyone to know I do not mean that as soon at the government is announced they are going to RV… What … Continue reading →

Mountain Goat – Dinar Guru   5)  Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6)  China wants desperately to get their stronghold inside Iraq and invest with their billions of … Continue reading →

Mountain Goat – Dinar Guru   So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. …remember there is NEVER going to be an ideal time or perfect time when Iraq is … Continue reading →

Kaperoni – Dinar Guru  Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency.  This took parliament approval and is a LOP.  Very similar to what has been discussed with Iraq.  This is not … Continue reading →

Mountain Goat – Dinar Guru   …the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote … Continue reading →

Dinar Investor – Jeff  …they’ve told us they’re going to vote on the government tomorrow.  They’ve also told us they would do it Thursday.  It may be a one or two day session of parliament.  We’ll have to see how that … Continue reading →

Pimpy – Dinar Guru  …I told you guys this week’s gonna be big.  Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President … Continue reading →

Delta – Dinar Guru  “Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening“